With connected project execution, quality, safety, and financial systems, Procore is accessible to all internal and external stakeholders, driving operational efficiencies and enabling data-driven capital allocation at all levels of an organization.
Procore for owners
Long known for its strength with general contractors and building trades, a common misconception among capital leaders is that “Procore is only for contractors.”
“There’s a huge benefit to having Procore on the owner's side.”
– Sara Angus, Procore Field COO and Former Director of Construction at Starbucks
In truth, a broad set of sophisticated owner-operators use Procore across a variety of complex industries, managing geographically dispersed portfolios — including real estate developers, corporate enterprises, and renewable energy, manufacturing, and industrial leaders.
As a capital project leader, you need more than visibility. You need connected data, insights and visibility across your entire project portfolio. Procore unifies your people, processes, and data in one platform, bridging the gaps between teams, systems, and project phases.
Procore integrates with your existing tools to help centralize everything from historical benchmarks to real-time financials. That means fewer data silos, better coordination and the ability to make fast, informed decisions. Whether you’re tracking current project performance or shaping your next capital investment, Procore gives you the capital project clarity and control to address risks in real-time.
The mobile and cloud-based ecosystem enhances program oversight by putting portfolio health at an executive's fingertips when they need it, ingesting real-time information from the field to help maximize organizational productivity.
Procore offers flexibility across the platform with configurable workflows and forms, standardizing report and dashboard development to help you create the precise level of corporate governance that is right for your programs. It provides integrated business processes enabling each industry vertical to find unique value and consistency in their use of the platform.
Plan with strategic predictability.
A capital project often involves complex planning and ideation, which begin long before the traditional preconstruction phase of development. As portfolios scale, many early work products are siloed or managed individually. Without a unified system, it is incredibly difficult to make sure internal stakeholders and external partners are working from the latest information and revisions.
Organizations engage Procore early in the planning phase to establish a repeatable framework and address key portfolio challenges:
Project profile optimization and feasibility: Owners use Procore to collaborate with design teams and consultants during the conceptual phase. The platform allows teams to outline the ideal project profile and leverage historical data analysis to help predict project ROI.
Centralized portfolio governance: A single repository for designs and planning documents aligns external project teams and requires everyone to work from the most recent revisions, helping prevent downstream mistakes.
Capital spend and bid management: Owners use Procore to manage the bidding process, using side-by-side bid leveling to understand capital spend upfront. This helps streamline selection and reduce the inconsistent execution risks that come with relying on varied external partners.
Cross-program scheduling: Use Procore’s scheduling tools to map out portfolio timelines, identify potential bottlenecks early, and optimize resource allocation across multiple parallel programs.
Advanced budget scenarios: Take advantage of iterative budgeting scenarios and cross-budget trend analysis to drive greater financial efficiencies in future capital programs.
Enterprise integrations: With more than 400 integrations into the most widely used enterprise systems—including capital planning, design, and ERP accounting packages—Procore tailors specifically to collect and distribute financial data to help meet an organization’s individual governance needs.
Historical benchmarking: Procore’s analytics tools drive past project data and early risk detection directly to leadership. Use actual cost and timeline data gathered from across completed programs to analyze outcomes and help scale your business without compounding inefficiencies.
The sooner an organization engages with the tools in the Procore platform, the more predictable the planning process can become, and the faster organizations can confidently transition capital into the build phase.
Address risks in real-time.
Owner operators rely heavily on external contractors and consultants for execution, making strict financial control and proactive risk management absolute necessities.
“Having Procore saves time, but the most important thing is that it helps us mitigate risk and protect our business.”
– Deborah Fields, Project Manager, Starbucks
With fragmented data scattered across multiple external stakeholders, owners face substantial financial risk exposure when items fall through the cracks.
Procore makes it simple to digitize, centralize, and standardize operational data. Rather than waiting for delayed field updates to struggle back to the executive office, Procore allows owners to proactively manage financial and schedule risks by establishing predefined thresholds and automated notifications that help prevent cost overruns and project delivery delays before they can happen.
As a connected platform, Procore helps synthesize real-time updates on budget revisions, change requests, and timeline adjustments to give owners absolute financial control across all external partners.
“We can take all the data [provided by Procore] and draw in project-level and portfolio-level analytics. It just makes it all easy. [It’s] a centralized source of truth and it helps us at a project level, but also at an executive level because we have real data with integrity to base our decisions on.”
– Abhilash Kunnatoor Margabandu, Director, Solutions Architecture and Engineering, Vantage Data Centers
For an owner, this centralized data delivers valuable insights into the health of an entire capital portfolio. Organizations can visualize financial aspects of their programs through portfolio-level dashboards to answer three fundamental executive questions:
Is the portfolio on time and on budget today?
What are our forward-looking, time-phased cost forecasts?
And how can we optimize capital allocation based on what we have spent in the past?
Real-time portfolio status reporting: From a single dashboard, Procore provides a snapshot view into the health and compliance of an owner's entire construction portfolio. Fully customized executive views give users instant access to the financial metrics and risk indicators that matter most to the business.
Anticipated costs and forecast modeling: This unique capability helps give leadership visibility into anticipated costs based on activities occurring across external teams. By catching variances early, owners can make immediate, data-driven decisions to help mitigate financial exposure.
Transparent audit trails: Access to all dimensions of previous programs enables owners to view full financial histories to better plan for future investments. Built into this capability is true ownership of the asset's construction "Plan of Record" — so the owner owns the data, not the contractor.
Procore helps to de-risk capital timelines and budgets, protecting every capital dollar while delivering immense organizational efficiency.
“With Procore, we see significant improvement — with more than 40% improvements in our efficiency.”
– Wiphak Trakanrungsi, Chief Technology Officer, Ananda Development
When a construction project closes, the real operational lifecycle for an owner begins — and Procore is built to ensure a seamless transition.
Transition to standardized operations.
At the close of a construction project, there are two elements required to protect an owner’s substantial financial investment:
Construction plan of record
This is the sum total of all designs, updates, changes, financial records, and communications associated with the asset. The Plan of Record establishes data ownership. Savvy owners use Procore to capture and maintain construction data in their own instance to help prevent scaling challenges and preserve cross-program standardization as their capital portfolio expands.
Capital asset lifecycle
An asset register interlocks construction execution history and future operations and maintenance of each piece of equipment designated for use across a site. From facility systems like HVAC to structural components, the asset register forms the foundation of how a capital investment will be maintained over its lifespan. Procore enables layers of execution and warranty data to link directly to the asset register over time.
To streamline the usefulness of this data, Procore’s 400+ integrations—including operating and maintenance (O&M) and facilities management software—helps make sure that cross-departmental teams have access to trusted and accurate data.
Procore’s Integrated Handover designates warranty and maintenance data associated with each critical asset in the register, packaged cleanly and presented to the owner for immediate use with facilities management and operations teams. This helps eliminate operational friction and protects asset value from day one.
Realizing value across the capital lifecycle
Ultimately, Procore delivers concrete business outcomes to private owners.
Increased organizational efficiencies
Many executive teams get frustrated with the delays and friction of managing multi-million dollar programs in disconnected spreadsheets. With Procore, project leaders no longer spend hours or days consolidating fragmented information from different sources to get a clear view of portfolio status.
Proactive financial risk reduction
Risk permeates capital deployment. But unified information and portfolio-wide visibility give owners the ability to identify potential risks sooner and course correct quickly. From budget and schedule variance to quality control, Procore’s consolidated platform enables internal and external stakeholders to have access to current information at every step of the process.
Data-driven capital allocation
Empower your leadership and execution teams to make better decisions with access to real data with integrity. Procore is the leader in the digital transformation of capital asset programs, enabling organizations to maximize the value of every dollar spent.
If you’re ready to transform your construction project lifecycle and lead your organization in a digital transformation, connect with Procore and get a demonstration tailored to your needs today. We’ve helped thousands of organizations like yours make the change.
