Building a New Paradigm of Predictability & Productivity at Procore’s 2023 Innovation Summit Faced with unprecedented challenges over the last five years, the construction industry continues to demonstrate remarkable resilience. Globally, construction is leading the way to economic recovery. By 2030, global construction is expected to grow by 42%---we’re in a time of great opportunity....
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....
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....
Launching Project Execution: A Solution to Streamline Construction Projects According to a 2021 study conducted by Dodge Data and Analytics, 33 percent of typical projects come in over budget. Additionally, average project delivery runs 69 days late, according to a 2021 IDC survey of owners....
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....
Sound Financial Hygiene: The Engine That Drives Operations To a specialty contractor, perpetual change comes with the territory. Throughout that change, specialty contractors share successful project outcomes through the projection and forecasting process....
Improving Your Portfolio Health with Procore’s Capital Project Governance Solution According to a recent IDC research survey of more than 500 construction project owners and developers, those most likely to report the highest project delivery success were also those with formalized processes in place....
Empowering Users to Achieve Greater Profitability and Project Outcomes With Procore Work Breakdown Structure Construction leaders strive to track cash flow, identify risk, and take actions to achieve profitable growth targets. This is why companies are investing in analytics to generate reports on project and portfolio-level financial performance....
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....
Procore’s Top 10 Product Enhancements of 2021 Paving the Future of Construction Our investments over the past year focused on five key themes: accelerating financials, advancing preconstruction, connecting all stakeholders, building a global-ready platform, and mobile innovation....
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....
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....
Help Your Projects Stay Profitable with an Effective Handoff Strategy As an estimator, one of the most daunting tasks is the project handoff. It’s the process of taking your awarded project and distilling down weeks if not months of project knowledge into a short face-to-face handoff meeting between the Estimator and Project Management team....
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....
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....
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....
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....
Introducing Procore Preconstruction: Connecting everyone in preconstruction on a single platform Procore building predictable and profitable projects Our mission has always been to connect everyone in...
Produce cost forecasts across the project lifecycle with Procore’s new Advanced Forecasting solution Procore’s Advanced Forecasting, a solution built to help you produce more accurate and real-time...
Protecting margins: Five ways subcontractors can plug profit leaks With construction designated an essential business and continuing to operate through the pandemic, we need...
How Owners leverage Procore’s financial solutions for success Managing financial and commercial (e.g. contracting and change management) processes, data and reporting for...
Protect Your Profitability by Tracking Labor Costs in Real-time The cost of labor can make or break your project budget. It’s the most...
Connect your data to effective decision-making with Procore Analytics The construction industry is undergoing a digital transformation. One result of this shift is a...
Continuous coordination from Clash to Invoice Management In this five-part blog series leading up to Groundbreak, we will highlight the most powerful...
Create a Seamless Connection from the Field to your Financials with these Sage and Procore Integrations In July, we announced our partnership with Sage. Today, we are releasing exciting updates to...