Overview

Procore Pay, available in the United States, is designed for General Contractors and Owner-Builders who act as their own General Contractors on a job. It extends Procore’s Invoice Management to handle the payment process between General Contractors (a.k.a., payors) and specialty contractors (a.k.a., payees), addressing a major financial pain point in the construction industry. Procore Pay centralizes lien waivers, payment requirements, payment holds, and invoice payments for payors, and allows payees to securely link their bank accounts to get paid.

With Procore Pay, general contractors can:

  • Reduce payment friction by expediting invoice review and compliance document collection.

  • Save time by removing a separate payment solution from the technology stack and the associated duplicate data entry or integration maintenance.

  • Streamline lien waiver collection via an automated lien waiver exchange.

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