Procore Technologies Inc. officially launched its Procore Pay service on its construction project management platform Sept. 19, following a lengthy testing period. The launch coincided with Procore’s Groundbreak conference held in Chicago, where the company announced a slate of other new and planned services.
Procore Pay integrates with the company’s existing invoicing tool to allow general contractors to streamline the process of paying subcontractors and to automate lien waiver management. Rather than having to log in to Procore to get information and then move it into their accounting system, contractors can see it all in one place, explains Geoff Lewis, vice president of product management for Procore. The service is currently available to U.S.-based contractors who use Procore Invoice Management, and the company plans to expand it to a broader set of customers next year.