Who is responsible for financial management in a construction company?

Connecting operations, accounting and the trades in one financial ecosystem makes it easier to collaboratively and accurately track income and expenses, monitor budgets, report on project and company financial status and manage cash flow.

Two construction workers in helmets reviewing documents at a desk.

Construction financial management

Financial Management

Move projects forward by delivering relevant financial insights to the field and timely jobsite observations to key stakeholders.

Industry leaders trust Procore with their financials

Say goodbye to unwanted financial surprises.

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Access project cost data from anywhere.

Get out of outdated spreadsheets and back into the field with mobile access to the cost and budget data you need to protect profits.

Get all-in-one financial clarity.

Sync estimating and accounting solutions with Procore to unite project teams around a single platform for project financial data.

Manage change on the jobsite.

Document the financial impact of scope changes in the field so you can recoup the cost of additional work.

Smooth out the payment process.

Avoid back-and-forth communications and get paid faster with accurate and collaborative invoice management.

A curated view of timely, accurate financial information.

See your project and portfolio finances in one place to help drive predictable outcomes.

Track your budget. Forecast critical costs

Make confident financial decisions by using field data to track and manage risks to your budget while staying in sync with your accounting system.

Easily uncover cost details
Proactively manage risks and overruns
Forecast critical costs with timely data from the field
Generate accurate, comprehensive financial reports

Products that support construction financial management

Project Financials

Manage accurate project budgets with reliable data drawn from the field. See in real time how your spending decisions affect the profit you’ll have at closeout.

Accounting Integrations

Align project management and accounting with Procore’s cloud-based construction management platform and your company’s trusted accounting system.

Invoice Management

Streamline billing across stakeholders so everyone has access to the latest information in one organized platform.

Connect to your accounting system.

Explore 500+ integrations that sync data from your accounting, ERP and construction management solutions in one place — making it possible to analyze, forecast and adjust to changes in real time.

Explore all integrations

Sage 100 Contractor Connector

Sage 300 CRE Connector

Viewpoint® Spectrum®

Viewpoint® Vista™ by Ryvit

Quickbooks Connector

CMiC

Xero

Yardi

Customer Story

“Our financial reporting used to take 90 days to consolidate. With Procore, we’re able to do it in 30 days.”

Steve Laforge

Operations Manager

Rescom

Read their story

Learn more about Financial Management

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Control Project Costs in 5 Steps

Drive project progress with less focus on rearward reporting and more on timely data.

Rescom

Simplifying workflows and expanding projects

Grimard

Procore Estimating makes Grimard more competitive by leveraging estimating data throughout the entire project lifecycle.

Seasons Retirement Communities

Simplifying construction project management for long-term success

FAQs

Procore's holistic approach to construction financial management connects the systems you use to manage project scope and schedule to the system you use to manage project costs. As the industry leader in project-cost management, Procore's Financial Management solution is purpose-built to give you timely insights into the financial health of your projects and portfolio with centralized, accurate data that connects all stakeholders.

Start to build more profitably

See why 73% of customers agree, Procore improves their ability to track and manage project costs.

Based on a 2022 survey of Procore customers.

4.5(2,675)

4.6(4,298)

4.6(46K)

3.8(3,250)

Construction financial management

Financial Management

Industry leaders trust Procore with their financials

Say goodbye to unwanted financial surprises.

Access project cost data from anywhere.

Get all-in-one financial clarity.

Manage change on the jobsite.

Smooth out the payment process.

A curated view of timely, accurate financial information.

Track your budget. Forecast critical costs

Products that support construction financial management

Project Financials

Accounting Integrations

Invoice Management

Connect to your accounting system.

Learn more about Financial Management

Control Project Costs in 5 Steps

Rescom

Grimard

Seasons Retirement Communities

FAQs

What is financial management in construction?

Who is responsible for financial management in a construction company?

Start to build more profitably