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Construction Financials

A collection of 14 posts

Procore Pay: Introducing a Modern Approach to Construction Payments

At last year’s Groundbreak conference, we unveiled Procore Pay, a new service launching in 2023 designed to solve one of the biggest financial pain points in construction— the payment process....

Jeremiah McNicholas Jeremiah McNicholas

Enabling Financial Data-Driven Decisions with Enhanced Reporting

Managing finances on any construction project can be a Herculean task due to many data locations as well as differing perspectives and needs for reporting....

Cate Knuff Cate Knuff

Empowering Contractors to Make Smarter Workforce Decisions Through Data

Data is the lifeblood of construction, yet it is often inefficiently scattered across an organization, unable to supply stakeholders with key information....

Joe Rolleston Joe Rolleston

Small Steps that Specialty Contractors Can Take To Improve Cash Flow

Last month, Procore attended CFMA‘s Annual Conference where one of the hot topics was healthy cash flow. In order to grow their businesses in a post-pandemic world, contractors increasingly need to solve the challenge of cash flow....

Michelle Turner Michelle Turner

Procore Partners with MRI Software to Create an Open & Connected Ecosystem for Owners

In a year plagued by uncertainty, CRE companies have found that accurate forecasting and reliable financial processes across all projects in their portfolio are vital to business health....

Sara Weiss Sara Weiss

Building New Horizons: Groundbreak 2021

Procore Groundbreak 2021 — construction’s global conference of the year —has officially kicked off. The virtual conference includes more than 60 sessions that take a deep dive into new ways of working, and feature insights from global leaders....

Raelle Alfaro Raelle Alfaro

How Procore is Powering the Future of Real-Time Cost Management

As a platform purpose-built for construction, Procore intimately understands the industry’s greatest challenges and offers unlimited users, unlimited support, and unlimited data to enable collaboration....

Sara Weiss Sara Weiss

Optimize Your Capital Program with Procore’s New Integration with Finario

With fierce competition for capital investment dollars, Owners want to ensure those funds are going towards projects that will produce the best return, while at the same time managing risk and the potential for cost overruns....

Sara Weiss Sara Weiss

Your Field Team’s Impact on Your Financial Health

Earlier this year, industry leaders around the globe tuned in to Procore’s Cost Management Summit to better understand: where construction cost management is headed over the next 5 years....

Lauren Contreras Lauren Contreras

Announcing the Procore ERP Connector Platform to Deliver Real-time Cost Data to Everyone

Understanding the health of a construction project requires accurate and timely financial information. With the constant stream of changes that occur on any project, it's difficult to keep your project team’s management tools in sync with your enterprise resource planning software....

Kristopher Lengieza Kristopher Lengieza

Protecting margins: Five ways subcontractors can plug profit leaks

With construction designated an essential business and continuing to operate through the pandemic, we need...

Michelle Turner Michelle Turner

How Owners leverage Procore’s financial solutions for success

Managing financial and commercial (e.g. contracting and change management) processes, data and reporting for...

Jeremy Chasen Jeremy Chasen

Three New Features Introduced to Procore Field Financials

General contractors share a universal concern: Will my project be profitable? Procore aims to support...

Aaron Lober Aaron Lober

Empower Your Field Teams With Real-Time Financials

In an industry where day-to-day operations are continuously changing, staying on top of your construction...

Katie Rapp Katie Rapp
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