New AI Agent Capabilities in Oracle Textura Help Accelerate Subcontractor Payments

Rhea-AI Summary

Oracle (NYSE: ORCL) has announced new AI agent capabilities within its Oracle Textura Payment Management Cloud Service. The integrated generative AI-powered assistant provides real-time support to help subcontractors with payment applications and related tasks.

Textura, one of the most used construction payment solutions, has processed over $1 trillion in construction payments across more than 120,000 projects, serving over 200,000 subcontractors since 2006. The platform currently handles approximately 11,500 support calls monthly.

The new AI assistant allows subcontractors to quickly check payment status, access required forms, and complete necessary documentation through simple text queries. The system provides contextualized responses and guides users through subsequent actions, such as identifying specific projects and completing pending compliance documents.

Positive

• Integration of AI assistant reduces support costs and improves efficiency
• Proven market leadership with $1 trillion in processed payments
• Large established user base of 200,000 monthly active subcontractors
• 24/7 automated support availability reduces operational overhead

Negative

• High volume of support calls (11,500/month) indicates existing system complexity
• AI implementation may require additional training and adaptation period

News Market Reaction – ORCL

-2.43%

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-2.43% News Effect

On the day this news was published, ORCL declined 2.43%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Subcontractors can now receive real-time, personalized assistance with payment status, signing documents, and more, saving valuable time

NASHVILLE, Tenn., March 3, 2025 /PRNewswire/ -- Oracle Customer Edge Summit -- Oracle today announced new AI agent capabilities embedded directly within Oracle Textura Payment Management Cloud Service. Available to all Textura subcontractors in the US, the integrated generative AI-powered assistant provides real-time, personalized support to get quick answers to common pay application questions and complete other required tasks.

One of the most used construction payment solutions in the industry, Textura has processed over $1 trillion in construction payments to subcontractors. This represents work on more than 120,000 projects and payments to over 200,000 subcontractors since Textura first launched in 2006. Currently, organizations call Textura support 11,500 times per month, on average, to get answers to questions including payment timelines.

The new AI agent capabilities help reduce the need for support and time spent navigating screens to find the status of a pay application, invoice, or how to use the system. Subcontractors can simply type in the assistant "what is the status of my payment?" The assistant then would provide a contextualized response and subsequent actions. For example, it could bring up a list of all the projects that a subcontractor has and ask them to click which draw they are referring to. Once clicked, the assistant could note that the payment has not been released due to a lack of a signed compliance document and then provide the form for signing and submission. 

"Subcontractors are essential to project success but paying them quickly and correctly is a complex process. This is the reason we created Textura and why so many contractors have adopted the solution," said Mike Antis, global vice president, Textura. "By adding agentic AI capabilities, we are taking even more time and hassle out of the payment process, especially in those vital subcontractor 'draw weeks.' With the ability to get in-app, real-time assistance 24/7, we are helping our general contractor customers improve the relationships with their subcontractors while reducing costly support calls. This enhancement helps improve the experience for the 200,000 subcontractors who log in to Textura each month, assisting them to quickly find the answers they need to get paid and focus more of their time on the job at hand."

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SOURCE Oracle

FAQ

How much has Oracle Textura processed in construction payments since 2006?

Oracle Textura has processed over $1 trillion in construction payments across 120,000+ projects since 2006.

What new AI feature has ORCL added to Textura Payment Management Cloud Service?

ORCL has added an AI agent that provides real-time, personalized assistance for payment status checks, document signing, and other payment-related tasks.

How many subcontractors currently use Oracle Textura monthly?

200,000 subcontractors log into Oracle Textura each month.

How many support calls does Oracle Textura handle per month?

Oracle Textura handles approximately 11,500 support calls per month.