Textura Chairman & CEO Patrick Allin Participates in White House Discussion with President Obama on SupplierPay - WALB.com, Albany News, Weather, Sports

Textura Chairman & CEO Patrick Allin Participates in White House Discussion with President Obama on SupplierPay

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • UPS to hire up to 95,000 seasonal workers

    UPS to hire up to 95,000 seasonal workers

    Tuesday, September 16 2014 11:44 AM EDT2014-09-16 15:44:34 GMT
    UPS said it expects to hire approximately 90,000 to 95,000 seasonal employees to handle increased demand for package deliveries over the holiday season.More >>
    UPS said it expects to hire approximately 90,000 to 95,000 seasonal employees to handle increased demand for package deliveries over the holiday season.More >>
  • Local artists auction work to benefit Albany Humane Society

    Local artists auction work to benefit Albany Humane Society

    Tuesday, September 16 2014 4:07 AM EDT2014-09-16 08:07:28 GMT
    Animal lovers can give back to the Albany Humane Society in a very unique way. Local artists will be auctioning off their work to benefit the non-profit organization through Artists for Animals. More >>
    Animal lovers can give back to the Albany Humane Society in a very unique way. Local artists will be auctioning off their work to benefit the non-profit organization through Artists for Animals. 
    More >>
  • Worth County is Camera Ready

    Worth County is Camera Ready

    Monday, September 15 2014 10:50 PM EDT2014-09-16 02:50:56 GMT
    Karen Rackley, Sylvester-Worth County Chamber of Commerce Executive DirectorKaren Rackley, Sylvester-Worth County Chamber of Commerce Executive Director
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>
    Every county in Georgia is now camera ready.Worth County is one of the final 20 counties that just earned the designation meant to show television and movie producers that local communities are able and willing to help them. More >>

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE Textura Corporation

Textura joins leading companies to discuss private-sector initiative to expedite payment to small suppliers

CHICAGO, July 11, 2014 /PRNewswire/ -- Textura Corporation (NYSE: TXTR), the leading provider of collaboration solutions for the construction industry, announced today that Textura Chairman and Chief Executive Officer Patrick Allin joined executives from several other companies at the White House today to discuss SupplierPay, an initiative the Obama Administration is launching to help strengthen small businesses by increasing their working capital.

Textura Corporation logo.

Textura was one of 26 companies invited to take part in the roundtable discussion. Companies participating in SupplierPay have committed to pay their small suppliers faster or to help small suppliers access lower-cost capital. Other participants in today's meeting included Apple, IBM, AT&T, Coca-Cola, FedEx, Johnson & Johnson, Salesforce, Intuit, and Lockheed Martin.

SupplierPay is an outgrowth of President Obama's 2011 QuickPay initiative, which requires federal agencies to expedite payments to small business contractors. QuickPay has generated over $1 billion in cost savings for small businesses, leading to greater investment and job creation, according to the White House.

"Textura's mission has always been to create technology solutions that improve performance and financial outcomes for all construction project participants. We understand that payment delays are a critical challenge for construction Subcontractors. We are honored to take part in this important effort and are encouraged that President Obama and his Administration are taking steps to address this problem for smaller suppliers generally," Allin said.

About Textura 
Textura is the leading provider of collaboration and productivity tools for the construction industry. Our solutions serve all construction industry professionals across the project lifecycle – from takeoff, estimating, design, pre-qualification and bid management to submittals, field management, LEED® management and payment.

The Textura® collaboration platform and online product suite represent the first time the industry has all the tools needed to manage their business in an integrated fashion to save time and money and reduce exposure to risks. With award winning technology, world-class customer support and consistent growth, Textura is leading the construction industry's technology transformation. www.texturacorp.com

Contact:
Lacey Faye Spang
Textura Corporation, Investor Relations
lacey.spang@texturacorp.com  
847-943-3547

Logo - http://photos.prnewswire.com/prnh/20110602/CG12932LOGO

©2012 PR Newswire. All Rights Reserved.