Monday, March 3, 2014

Article about whether or whether not to buy Textura stock and info about Textura's SaaS offerings

Textura: 4 Reasons You Shouldn't Buy Into This Sell-off
By Sarfaraz A. Khan - 02/21/14 - 8:59 AM EST

NEW YORK (TheStreet) - Shares of Textura , which sells cloud-based invoicing and other services to the construction industry, have dropped 14% this year following a Citron Research report accusing the company of fraud and misconduct. 

Deerfield, Ill.-based Textura denied the allegations while several investment banks came to the company's aid with positive commentary. Nonetheless, Textura's stock still hasn't recovered. 

So, should you listen to the banks and use the sell-off as a buying opportunity, or avoid the name altogether? To answer these questions, we'll dig deeper.

Link to complete article:

For those of you who are aware of, or are following, Textura, here’s some info about what Textura offers….. In a recent announcement issued by Textura indicating that Textura had “formed a partnership” with AGC Ohio, whereby AGC Ohio will promote Textura’s offerings to AGC Ohio members, Textura provided a comprehensive listing of its SaaS services; here we go…..

Textura offers solutions to the commercial construction industry that increase efficiency, enable better risk management and provide improved visibility and control of construction activities. Powered by a sophisticated, but easy-to-use workflow engine, Textura's collaboration solutions automate manual processes and reduce the amount of paper associated with a construction project, allowing companies to focus on more business valuable tasks.
            Textura®–Construction Payment Management (CPM™) electronically integrates all construction payment management process components including – billing, progress claims, lien waiver collection, statutory declarations, sub-tier waivers, compliance management and payments – into one seamless workflow. CPM helps contractors and others involved in construction projects realize significant efficiency benefits from automation and streamlining; and, risk reduction from improved control and visibility.
            Textura®—Pre-Qualification Management (PQM™) automates the entire pre-qualification process for everyone by facilitating the electronic submission, review, approval, and updating of all pre-qualification documents. PQM's online data management system allows subcontractors to enter their information one-time into a private database which can then produce tailored pre-qualification forms that provide specific information required by individual general contractors - whether the GC is on PQM or not.
            Submittal Exchange for Constructionis a collaborative, secure online system for exchanging, reviewing, and archiving construction submittals, RFI's and other design and construction communications electronically.
            Greengrade® is a collaborative online LEED management software tool that allows project teams to communicate, track and manage LEED project information. Greengrade is fully integrated with USGBC's LEED Online and allows a project team to collaborate on project information in a dynamic and centralized environment. It provides team members with task lists, automated reminders and reporting tools.
            GradeBeam® allows industry professionals to post, manage and access critical project information in a central location. GradeBeam simplifies and expedites the massive information exchange that occurs in the pre-construction phases of projects, including invitations-to-bid (ITBs), drawing/specification distribution, corrections, addenda, requests for information and responses.
            PLANSWIFT® is the fastest and easiest to use software for accurately completing construction takeoffs on your computer screen. With PlanSwift's visual point-and-click interface, users can drag and drop individual products or assembled product groups directly onto a digitized blueprint. PlanSwift calculates the takeoffs automatically -saving valuable time and effort. PlanSwift's allows industry professionals to complete more precise and accurate bids every day. 

            LATISTA® has unique expertise in mobile applications for construction.  LATISTA's modules handle mission critical construction workflows, including quality management, punch lists, safety, electronic commissioning, and document management, including managing project specific plans and drawings. 

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