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Construction · head to head

Newforma vs Oracle Textura Payment Management

Newforma logo

Newforma

Construction

Project information management system for construction

From
$300/month
Rated
-
Full reviewWebsite
Oracle Textura Payment Management logo

Oracle Textura Payment Management

Construction

Construction payment, lien waiver and compliance workflow where the subcontractor pays the fee

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Newforma pricing is by quote only, with no rate, tier or minimum published; the site offers only Book a Demo and Get Started; Oracle Textura Payment Management the subcontractors pay 0.22 per cent of their contract value to invoice a customer that chose the platform for them, which makes rollout a negotiation with every trade on the job and produces genuine refusals from small specialty contractors
  • They diverge on capability: Newforma covers Document management, Oracle Textura Payment Management covers Pay application workflow.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Newforma and Oracle Textura Payment Management actually diverge.

Attributes where Newforma and Oracle Textura Payment Management differ
AttributeNewformaOracle Textura Payment Management
Starting price$300/monthOn request
Pricing modelsubscriptionPercentage of subcontract value, plus a quoted contractor subscription
PlatformsWeb, Ios, AndroidWeb
Founded2006Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Construction).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Newforma

  • Document management
  • Project collaboration
  • Transmittals
  • RFI tracking
  • Issue management
  • Autodesk BIM 360
  • Box
  • Dropbox

Only in Oracle Textura Payment Management

  • Pay application workflow
  • Lien waiver automation
  • Compliance document tracking
  • Sub-tier visibility
  • Funds disbursement
  • Owner and lender draws
  • Integration to ERP

What people use each for

The jobs each tool is most often brought in to do.

Newforma

  • Managing project email, documents and submittals for architecture and engineering firmsnot Oracle Textura Payment Management
  • Keeping construction project information on-premises for control and security through Project Centernot Oracle Textura Payment Management
  • Coordinating issues and RFIs across design and construction teams in Konektnot Oracle Textura Payment Management

Oracle Textura Payment Management

  • A general contractor on a 200 million dollar hospital wants every lien waiver in the correct state form before funds leave the account, with an audit trail the title company will acceptnot Newforma
  • A developer requires sub-tier visibility down two levels because a supplier lien on a previous project cost it a payment it had already madenot Newforma
  • An owner-lender arrangement needs the upstream draw package to be assembled automatically from the approved downstream billings each monthnot Newforma
  • A contractor operating across several US states wants the statutory waiver language selected by jurisdiction rather than by a coordinator with a template foldernot Newforma

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Newforma

  • Pricing is by quote only, with no rate, tier or minimum published; the site offers only Book a Demo and Get Started
  • The cloud product Konekt and the on-premises product Project Center are separate offerings, so the on-premises option requires a different product rather than a deployment setting

Oracle Textura Payment Management

  • The subcontractors pay 0.22 per cent of their contract value to invoice a customer that chose the platform for them, which makes rollout a negotiation with every trade on the job and produces genuine refusals from small specialty contractors
  • The fee is charged per project, so a subcontractor working ten projects a year for Textura-using general contractors pays ten times, and there is no annual cap across projects
  • Subcontractor-side usability is poor enough that trades routinely need coaching for their first pay application, and the general contractor absorbs that support burden even though Oracle collects the fee
  • It is an Oracle enterprise product, which means procurement, contract negotiation and an implementation partner, so the time from signature to first live project is measured in months and not weeks
  • Data export on project closeout is limited to reports and standard extracts rather than a full structured handover, so a contractor leaving the platform keeps the PDFs but loses much of the queryable payment history

Pricing, plan by plan

Newforma

$300/month
  • Standard$300/month
    • Document management
    • Project collaboration
    • Transmittals
  • EnterpriseFree
    • Advanced workflows
    • Custom reporting
    • API access

Oracle Textura Payment Management

On request
  • Subcontractor usage fee$undefined/project
    • 0.22 per cent of subcontract value on projects created after 19 January 2023
    • No minimum fee
    • Capped at 5,000 USD, reached around 2.3 million USD of contract value
  • General contractor subscription$undefined/year
    • Quoted by Oracle against project volume and modules
    • Not published
    • Usually sold with Primavera or Aconex

Which should you pick?

Choose Newforma if

  • You need document management.
  • You work on Web, Ios, Android.
  • You also want project collaboration.
Newforma review

Choose Oracle Textura Payment Management if

  • You need pay application workflow.
  • You also want lien waiver automation.
Oracle Textura Payment Management review

Questions people ask

Is Newforma or Oracle Textura Payment Management better?
Neither clearly leads. Newforma starts at $300/month and Oracle Textura Payment Management at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Newforma or Oracle Textura Payment Management?
Newforma starts at $300/month and Oracle Textura Payment Management at On request.
Does Newforma or Oracle Textura Payment Management run on more platforms?
Newforma runs on Web, Ios, Android. Oracle Textura Payment Management runs on Web.
What is Newforma best used for?
Newforma is most often used for managing project email, documents and submittals for architecture and engineering firms, keeping construction project information on-premises for control and security through project center, coordinating issues and rfis across design and construction teams in konekt. Of those, managing project email, documents and submittals for architecture and engineering firms and keeping construction project information on-premises for control and security through project center are not what Oracle Textura Payment Management is typically brought in for.
What can Newforma do that Oracle Textura Payment Management cannot?
Newforma covers Document management, Project collaboration, Transmittals, RFI tracking. Oracle Textura Payment Management covers Pay application workflow, Lien waiver automation, Compliance document tracking, Sub-tier visibility.

Answered from the vendors’ own pages

Newforma: What is Newforma pricing?

Newforma does not publish pricing on its website. The company offers three product offerings: Newforma Konekt, Newforma Project Center, and Newforma ConstructEx. Customers must book a demo or contact the company directly for custom pricing.

Source
Oracle Textura Payment Management: Who actually pays for Textura, the general contractor or the subcontractor?

Both. The general contractor pays Oracle a subscription that is not published. Each subcontractor is separately billed 0.22 per cent of its contract value per project, capped at 5,000 US dollars, with a flat 100 dollars for sub-tier contracts.

Oracle Textura Payment Management: Can a subcontractor refuse to use it?

In practice no, if the prime contract mandates it, because pay applications are only accepted through the platform. Some subcontractors price the fee into their bid instead.

Oracle Textura Payment Management: Is Textura the same thing as Textura Payment Management?

Yes. Oracle sells one product under the name Oracle Textura Payment Management. There is no separate Textura product line to buy.

Oracle Textura Payment Management: Does it handle lien waivers outside the United States?

It has European and Australian variants with local payment and compliance handling, but the statutory lien waiver machinery is a United States feature and is the main reason to buy it.

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