Pay
Maintain healthy project cash flow by streamlining the payment application experience, providing transparency into payment readiness, and automating the lien waiver exchange all within the Procore platform.
Platform
Ease friction in the payment process by providing subcontractors with a single system to engage on financial-related activities.
Eliminate a siloed payment solution from your construction tech-stack
Replace a workflow that relies on a separate system for data entry
Reduce the possibility of integration issues
Ease of use
Reduce the effort necessary for subcontractor onboarding and ease adoption by leveraging Procore as a familiar, centralized payment solution.
Satisfy your unique needs with a modern approach to pay apps
Expedite subcontractor payment with a transparent invoice review and payment process
Lean on award-winning product support for both payers and payees
Transparency
Utilize a convenient checklist view to provide visibility and track progress toward meeting requirements necessary for payment.
Manage subcontractor invoices and their progress toward meeting the requirements necessary for payment
Simplify invoice review and preparation for payment processing
Provide process clarity to payers and payees to quickly surface any potential issues
Automated exchange
Leverage the Procore platform to collect and store signed unconditional lien waivers that are only released after payment is complete.
Utilize a library of pay requirements and lien waiver templates
Customize templates and pay requirements to your specific needs
Automate digital signature collection and the lien waiver exchange
Eliminate lien waiver collection with the lien waiver securely staged and released at the time of payment
Automate approval workflows
Leverage Procore Workflows to route each disbursement through the right sequence of reviewers before funds are released and payments are processed.
Build customized approval chains
Add layers of review to help reduce fraud risk
Audit trail shows who reviewed and approved each disbursement
Support compliance and accountability by formalizing payment approvals across teams
Customer Story
“We’ve saved dozens of hours each month by submitting the correct invoice amounts the first time, and eliminating the need for two or three rounds of revisions.”
Erik Feld
Project Manager and Director of Technical Operations
TruEdge Builds
Today, nearly every tool used to manage a project is digitized and is capturing project data. But that data is isolated across different tools and systems that don’t talk. A true, connected platform like Procore brings your data into one app so you have access and insight into what's really happening on any job.
If we don’t build it, chances are, there’s an app or integration for it on our marketplace. So you can work the way you want to, all without ever leaving Procore.
Viewpoint®
