With Procore you'll be able to track both committed and non-committed costs while providing greater accessibility to your Project Management staff.
Procore allows you to easily create client payment applications as well as receive payment applications from each of your commitments. Payment applications are formatted based on the industry standard G702/G703 progress billing and includes features such as retention and stored materials. Procore can even generate a standard G702/G703 document that can be customised to meet your specific project or company needs. Additional documentation such as Lien Waivers can be attached to Head Contract Progress Claims to allow all required backup to be submitted and stored in the system.
Using Procore's Direct Costs tool you'll be able to track all of the detail of your non-committed costs such as General Conditions and General Requirements. No more needing to call accounting to ask for a detailed report or inquire whether a certain invoice is hitting the budget. If you're already managing and entering these invoices somewhere else, you can utilise our import tool to mass create direct costs and avoid double entry.
The Procore platform will help you save time, money and maintain quality.
100% cloud based, accessible from any connected device. Same experience across mobile, tablet, and desktop.
Time to value within weeks. Unlimited local support at no additional cost.
Unlimited seat licenses for one annual fee. Get all project collaborators on one system.