{"id":513903,"date":"2021-07-15T16:36:05","date_gmt":"2021-07-15T20:36:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/new-procore-erp-connector-platform-provides-real-time-insight-on-financial-health-of-construction-projects\/"},"modified":"2021-07-15T16:36:05","modified_gmt":"2021-07-15T20:36:05","slug":"new-procore-erp-connector-platform-provides-real-time-insight-on-financial-health-of-construction-projects","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-procore-erp-connector-platform-provides-real-time-insight-on-financial-health-of-construction-projects\/","title":{"rendered":"New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects"},"content":{"rendered":"

<\/p>\n

New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects<\/b><\/p>\n

Enables Instantaneous Data Sharing Between Operations and Accounting <\/i><\/p>\n

CARPINTERIA, Calif.–(BUSINESS WIRE<\/a>)–Procore Technologies, Inc.,<\/a> (NYSE: PCOR), a leading provider of construction management software, today announced the availability of its global ERP Connector platform, along with four new Procore-built accounting integrations.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210715005912\/en\/<\/a><\/p>\n

\"Procore<\/p>\n

Procore ERP Connector Platform Enables Instantaneous Data Sharing Between Operations and Accounting (Photo: Business Wire)<\/p>\n<\/div>\n

\nNow companies can obtain real-time insight into the financial health of their construction projects through centralized, accurate data that connects all of their stakeholders. They can easily connect their enterprise resource planning system of choice to Procore Financial Management, a project cost management solution.\n<\/p>\n

\nAccording to the 2020 Construction Technology Report<\/a>, over 50% of companies are still relying on spreadsheets to manage ERP workflows. This can lead to double-data entry, costly mistakes, and can create a delay in delivering data back to the accounting team\u2013\u2013potentially impacting subcontractors\u2019 payment, account reconciliation, and change order processing because decisions are being made based on incomplete data sets.\n<\/p>\n

\n\u201cPeople often think of project execution as being separate from project accounting, when they are really two sides of the same coin. When gaps exist between accounting and operations systems, teams must not only spend extra time entering and reconciling information\u2013\u2013they are also forced to make decisions without the information they need,\u201d said Tooey Courtemanche, Procore founder and CEO. \u201cThis can create blind spots in the financial health of a project and lead to risks. Procore marries these two historically disjointed sets of information into a seamless collaborative solution. With the new Procore ERP Connector platform, our customers can connect to any accounting system and have real-time access to their project financial data across the project lifecycle.\u201d\n<\/p>\n

\nCustomers wanting to use an integration sold directly by Procore now have a choice of nine connectors to choose from. These include four new connectors for Sage, MRI, Acumatica, and Yardi, as well as five previously built connectors for Sage 300 CRE, Sage 100 Contractor, Quickbooks Desktop, Viewpoint Vista, and Viewpoint Spectrum.*\n<\/p>\n

\nBoth customer developers and third-party app developers can use the Procore ERP Connector platform to build integrations that leverage the same functionality that Procore-built accounting integrations deliver, so their field and office teams can collaborate in real time.\n<\/p>\n

\n\u201cI can\u2019t emphasize enough the value of the integrations,\u201d said Al Nover, Facilities Finance and Contracts Manager at Boston Children\u2019s Hospital. \u201cThey allow the PMs to have all the info they need in their own solution, but also give us confidence that we\u2019re synced with the hospital\u2019s corporate ERP and capital planning systems. There\u2019s no manual entry, it\u2019s synced with the general ledger, and it\u2019s accurate.\u201d\n<\/p>\n

\n\u201cWe love working with Procore,\u201d said Robert Leighton, Executive Vice President at Calance, a Procore App Marketplace developer. \u201cTheir APIs are solid, reliable, and extensive, and the API support team at Procore is great to work with. Procore has enabled us to create new capabilities and features for our mutual customers.\u201d\n<\/p>\n

\nLearn more about the Procore ERP Connector platform in this blog post<\/a> and on the Procore website.<\/a><\/p>\n

\n*Some of these integrations were built in partnership with third-party developers and are not affiliated with the owner of the integrated application. All product names, logos, brands, trademarks, and registered trademarks of the integrated applications are property of their respective owners.\n<\/p>\n

About Procore<\/b><\/p>\n

\nProcore is a leading provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore\u2019s platform. Our platform connects every project stakeholder to solutions we’ve built specifically for the construction industry\u2014for the owner, the general contractor, and the specialty contractor. Procore\u2019s App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at Procore.com<\/a>.\n<\/p>\n

\nPROCORE-IR\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210715005912\/en\/<\/a><\/span><\/p>\n

Press Contact
\n<\/b>
Andee Brooker
\n
press@procore.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Data Management Technology Residential Building & Real Estate Commercial Building & Real Estate Software Construction & Property<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Procore ERP Connector Platform Enables Instantaneous Data Sharing Between Operations and Accounting (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n
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New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects Enables Instantaneous Data Sharing Between Operations and Accounting CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc., (NYSE: PCOR), a leading provider of construction management software, today announced the availability of its global ERP Connector platform, along with four new Procore-built accounting integrations. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210715005912\/en\/ Procore ERP Connector Platform Enables Instantaneous Data Sharing Between Operations and Accounting (Photo: Business Wire) Now companies can obtain real-time insight into the financial health of their construction projects through centralized, accurate data that connects all of their stakeholders. They can easily connect their enterprise resource planning system of choice to Procore Financial Management, a project … <\/p>\n

Continue reading “New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-513903","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNew Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/new-procore-erp-connector-platform-provides-real-time-insight-on-financial-health-of-construction-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Procore ERP Connector Platform Provides Real-Time Insight on Financial Health of Construction Projects Enables Instantaneous Data Sharing Between Operations and Accounting CARPINTERIA, Calif.–(BUSINESS WIRE)–Procore Technologies, Inc., (NYSE: PCOR), a leading provider of construction management software, today announced the availability of its global ERP Connector platform, along with four new Procore-built accounting integrations. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210715005912\/en\/ Procore ERP Connector Platform Enables Instantaneous Data Sharing Between Operations and Accounting (Photo: Business Wire) Now companies can obtain real-time insight into the financial health of their construction projects through centralized, accurate data that connects all of their stakeholders. 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