Article
Take Control of Risk and Profitability with Procore’s Financial Management + Analytics Solutions
How Data-Driven Insights Help You Make Smarter, Faster Decisions on the Jobsite
As a contractor, you’ve always relied on experience to make the right calls. But now, with Procore’s Financial Management and Analytics solutions, you no longer have to rely on gut feel or outdated spreadsheets. You can make smart, confident decisions backed by real-time, construction-specific financial data.
This integrated platform gives you a clear view of your project’s financial health—so you can catch issues early, align your team, and help protect your bottom line.
Chapter 1
Gain Control of Your Bottom Line
Outdated spreadsheets, disconnected systems, and paper-based processes don’t cut it anymore. Procore Project Financials, powered by Procore Analytics, replaces guesswork with certainty.
Through automated data capture and AI-powered analysis trained specifically for construction, you get:
More accurate job cost reports
Real-time budget and forecast insights
Faster identification of financial risks
You’re no longer reacting to problems—you’re proactively able to prevent them.
“Data is not something that is an afterthought. It is something that will direct our most valuable and precious resource—our attention.”
Todd Wynne
Chief Innovation Officer
Rogers-O'Brien
Chapter 2
Integrate Field-to-Office Financial Workflows
Procore connects the field and office through the most integrated cost management suite in construction. When teams work from one collaborative source of financial truth, it’s easier to:
Track committed costs and change events in real time
Manage budget modifications with clarity
Align financial updates with daily site activity
By bridging gaps between departments, everyone—from the PM to accounting—stays in sync.
Chapter 3
From Reactive to Proactive: Real-Time Insights That Help Reduce Risk
When Rogers-O’Brien used analytics to evaluate RFIs about light fixtures, they uncovered a pattern—too many were being flagged unnecessarily. With data in hand, they addressed the root cause and cut fixture-related RFIs from 9% to 3.2%.
This same level of insight is now available for your financial workflows:
Spot cost overruns before they impact margins
Understand the root cause of financial variances
Forecast final project costs with greater accuracy
With Procore Analytics, trends and red flags are no longer hidden—they’re visualized instantly.
Chapter 4
Align Stakeholders Around One Source of Financial Truth
Construction success relies on unity. Procore Project Financials ensures that everyone—field, office, and executive team—works from the same data set. That alignment means:
Faster approvals and fewer surprises
Transparent project status updates
Clear accountability across the board
No more version control issues. No more “who has the right numbers?” Everyone’s on the same page, in real time.
Chapter 5
Focus on What Matters: The Four Pillars + Profitability
Every successful job depends on the Four Pillars:
Schedule
Cost
Quality
Safety
Procore Project Financials ties these metrics to your financial performance. Combined with Procore Analytics, you get a complete picture of how delays, quality issues, or safety concerns impact your job cost—and your profit margin.
You’re not just tracking what went wrong. You’re seeing what’s working and scaling it across your portfolio.
Chapter 6
Portfolio-Level Visibility for Better Decision-Making
Whether you're managing one project or a hundred, you need clarity. Procore delivers:
A holistic view of individual projects and your entire portfolio
Granular insights into labor, materials, commitments, and spend
High-level reporting that speaks directly to business leaders
With embedded Power BI dashboards, project and financial leaders can make decisions with confidence—no data scientists required.
“Everyone plays differently when a scoreboard is present... once you put that scoreboard up, everyone plays a little different and things get better.”
Todd Wynne
Chief Innovation Officer
Rogers-O'Brien
Chapter 7
Make Every Dollar Count—With Data to Back It Up
You already have access to powerful tools—now it’s time to put them to work. Procore Project Financials + Procore Analytics empowers you to:
Spot and mitigate risks early
Improve financial collaboration across your team
Protect and grow your profit margins
Keep your projects on time, on budget, and aligned with your business goals
Want to see how Procore can drive smarter, more profitable decisions?