Procore news and trends

30% of Construction Firms Are Investing in Technology 
B2B Payments // February 13, 2023

Construction firms are looking to technology to help them improve operations and build resilience.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Procore Introduces Tool to Speed Up Slow Construction Payments
Faster Payments // November 08, 2022

Construction management software provider Procore has launched a tool it says will help solve a perennial problem in its industry: slow payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments Today: Chewy Launches eCommerce Platform for Vets; Partnership Helps Contractors Afford Construction Materials
B2B Payments // September 16, 2021

Today in B2B payments, Airbase gives businesses real-time information on spending habits, Sonoco and Coupa team on payments and Tazapay debuts a global B2B Escrow-as-a-Service offering. Plus, Biild and Procore team up to help construction contractors afford their materials, and Chewy debuts a vets-only eCommerce...

Costly Construction Materials Just Got 4x Easier for Contractors to Afford
B2B Payments // September 16, 2021

Most contractors working in commercial construction projects pay for materials long before receiving payment for their work. In fact, 74% have terms with their suppliers of 30 days or less, yet the time they wait to get paid for their own work averages about 85 days. It’s probably no surprise, then, that 46% of...

Quick Reads
Procore Seeks FedRAMP Authorization for Construction Management Software

July 16, 2024
Procore Technologies is working to authorize its construction management software with the Federal Risk and Authorization Management Program (FedRAMP). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

Procore Introduces Tool to Speed Up Slow Construction Payments

November 08, 2022
Construction management software provider Procore has launched a tool it says will help solve a perennial problem in its industry: slow payments. Get the Full Story Complete the form to...