{"id":991405,"date":"2026-08-06T13:34:51","date_gmt":"2026-08-06T17:34:51","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-introduces-asset-register-within-asset-management-to-simplify-handover-from-contractor-to-owner\/"},"modified":"2026-08-06T13:34:51","modified_gmt":"2026-08-06T17:34:51","slug":"procore-introduces-asset-register-within-asset-management-to-simplify-handover-from-contractor-to-owner","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-introduces-asset-register-within-asset-management-to-simplify-handover-from-contractor-to-owner\/","title":{"rendered":"Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner"},"content":{"rendered":"<p>        <!--.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner<\/b><\/p>\n<p><b><i>Asset Register continuously captures and organizes asset data throughout construction, providing contractors with reliable digital handovers while giving owners the complete, verified records needed to fast-track commissioning and start operations sooner<\/i><\/b><\/p>\n<p>CARPINTERIA, Calif. &amp; LONDON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nProcore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the general availability of Asset Register, a new tool within Procore Asset Management that helps contractors replace weeks of project handoff work with a continuous digital handover process. By building complete asset records throughout construction, contractors deliver higher-quality handovers while owners receive trusted information to commission buildings and help begin operations sooner. These trusted asset records create the connected data foundation for Procore AI agents to understand project context and allow teams to make faster, more informed decisions.<\/p>\n<p>\nEvery year, the construction industry <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fnvlpubs.nist.gov%2Fnistpubs%2Fgcr%2F2004%2Fnist.gcr.04-867.pdf&amp;esheet=54584684&amp;newsitemid=20260806876078&amp;lan=en-US&amp;anchor=loses+billions&amp;index=1&amp;md5=835dffceaade7541a5bd27c6ea297bce\">loses billions<\/a> of dollars because critical asset information is not captured until project closeout. Contractors spend weeks manually assembling asset documentation instead of focusing on higher-value work, while owners inherit fragmented asset records that delay commissioning, increase operational risk, and postpone revenue-generating operations.<\/p>\n<p>\n&#8220;Construction teams generate thousands of decisions and data points about every critical asset over the life of a project, but too often that information lives in disconnected systems until the very end,&#8221; said Geoff Lewis, SVP of Product at Procore. &#8220;By connecting every asset to the work, documentation, inspections, and quality records behind it, we\u2019re helping owners get facilities online and generating revenue sooner, while replacing traditional binder dumps with a streamlined, digital handover for contractors.\u201d<\/p>\n<p>\nInstead of waiting until project closeout, Asset Register continuously captures and connects inspections, warranties, manuals, RFIs, as-built drawings, and other project information to every installed asset as work progresses. This reduces manual closeout work for contractors while providing owners with verified asset records from day one that help accelerate commissioning and simplify long-term operations. The result is a complete digital record that moves seamlessly from construction into operations\u2014creating trusted asset data that lays the foundation for increasingly valuable Procore AI experiences across the construction lifecycle.<\/p>\n<p>\nBuilt into the Procore platform teams already use to manage construction, Asset Register captures, organizes, and validates asset information as work happens\u2014eliminating the need to recreate documentation during project closeout while creating a connected data foundation for Procore AI.<\/p>\n<p><b>Key Asset Register capabilities include:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nOrganize installed assets in a centralized, searchable register<\/p>\n<\/li>\n<li>\nUpdate asset information directly from the field using mobile devices and scannable QR codes<\/p>\n<\/li>\n<li>\nMaintain a complete audit trail from installation through handover<\/p>\n<\/li>\n<li>\nExport structured asset information for owner maintenance systems, reducing manual data entry<\/p>\n<\/li>\n<li>\nView assets in 3D using Building Information Modeling (BIM) (available now in UK and Ireland with general availability planned for fall 2026)<\/p>\n<\/li>\n<\/ul>\n<p>\n\u201cHistorically, procurement and inventory management have been a lot of work for our team, so we\u2019ve been really excited about Procore Asset Management,\u201d said Kira Henderson, Director of Operations Support at Altus Power Inc. \u201cIt gives our technical teams visibility from design through project handoff, bringing all our asset data into one place instead of separate systems. Because we manage projects in Procore throughout the development lifecycle, everyone\u2014from our finance team to our CEO\u2014can quickly access the information they need, reducing timelines, stress, and friction between teams.\u201d<\/p>\n<p><b>Supporting Digital Asset Management Across EMEA and APAC<\/b><\/p>\n<p>\nAs a core pillar of Procore\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.procore.com%2Fpress%2Fprocore-redefines-the-common-data-environment-with-connected-data-and-agentic-ai&amp;esheet=54584684&amp;newsitemid=20260806876078&amp;lan=en-US&amp;anchor=Europe+Common+Data+Environment+%28CDE%29&amp;index=2&amp;md5=8c3d06ebcf6c8a74c70891815bea5c45\">Europe Common Data Environment (CDE)<\/a>, Asset Register helps organizations maintain a continuous, auditable record of fixed assets throughout construction. This improves project visibility and supports regulatory compliance, documentation, and operational readiness.<\/p>\n<p>\nIn EMEA, these capabilities also support the Building Safety Act\u2019s \u201cGolden Thread\u201d requirements by connecting BIM models with field documentation, inspections, and supporting records to create a complete, verifiable digital asset record.<\/p>\n<p><b>Market Availability<\/b><\/p>\n<p>\nAsset Register is generally available today across North America, EMEA, and APAC.<\/p>\n<p>\nTo learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.procore.com%2Fen-gb%2Ffc%2Fasset-management&amp;esheet=54584684&amp;newsitemid=20260806876078&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.procore.com%2Fen-gb%2Ffc%2Fasset-management&amp;index=3&amp;md5=4f998d587af4366b46b6b3a14b008044\">https:\/\/www.procore.com\/en-gb\/fc\/asset-management<\/a>.<\/p>\n<p><b>About Procore<\/b><\/p>\n<p>\nProcore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore\u2019s unified technology platform drives efficiency and mitigates risk through AI &amp; data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.procore.com&amp;esheet=54584684&amp;newsitemid=20260806876078&amp;lan=en-US&amp;anchor=www.procore.com&amp;index=4&amp;md5=bb5b6d2e4455683266c0646e3e8043a0\">www.procore.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260806876078r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260806876078\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260806876078\/en\/<\/a><\/span><\/p>\n<p>\nMedia Contact<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@procore.com\">press@procore.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California Europe United States United Kingdom North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Apps\/Applications Technology Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Software Construction &amp; Property Artificial Intelligence<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260806876078\/en\/2360386\/3\/Procore_Logo_2025.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner Asset Register continuously captures and organizes asset data throughout construction, providing contractors with reliable digital handovers while giving owners the complete, verified records needed to fast-track commissioning and start operations sooner CARPINTERIA, Calif. &amp; LONDON&#8211;(BUSINESS WIRE)&#8211; Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the general availability of Asset Register, a new tool within Procore Asset Management that helps contractors replace weeks of project handoff work with a continuous digital handover process. By building complete asset records throughout construction, contractors deliver higher-quality handovers while owners receive trusted information to commission buildings and help begin operations sooner. These trusted asset &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/procore-introduces-asset-register-within-asset-management-to-simplify-handover-from-contractor-to-owner\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner&#8221;<\/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-991405","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner - 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\/procore-introduces-asset-register-within-asset-management-to-simplify-handover-from-contractor-to-owner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Procore Introduces Asset Register Within Asset Management to Simplify Handover from Contractor to Owner Asset Register continuously captures and organizes asset data throughout construction, providing contractors with reliable digital handovers while giving owners the complete, verified records needed to fast-track commissioning and start operations sooner CARPINTERIA, Calif. &amp; LONDON&#8211;(BUSINESS WIRE)&#8211; Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the general availability of Asset Register, a new tool within Procore Asset Management that helps contractors replace weeks of project handoff work with a continuous digital handover process. By building complete asset records throughout construction, contractors deliver higher-quality handovers while owners receive trusted information to commission buildings and help begin operations sooner. 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(NYSE: PCOR), the leading global provider of construction management software, today announced the general availability of Asset Register, a new tool within Procore Asset Management that helps contractors replace weeks of project handoff work with a continuous digital handover process. By building complete asset records throughout construction, contractors deliver higher-quality handovers while owners receive trusted information to commission buildings and help begin operations sooner. 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