
Procore's Subcontractor Invoicing software streamlines the billing process for construction projects, enabling faster and more accurate payments. This cloud-based solution allows subcontractors to submit invoices electronically, reducing delays and errors associated with manual processes. The software integrates seamlessly with Procore's broader project management platform, providing real-time visibility into invoice statuses and financial data for all stakeholders.
Vendor
Procore
Company Website
Procore's Subcontractor Invoicing software is a comprehensive solution designed to simplify and accelerate the billing process in construction projects. By digitizing and automating invoice submission, review, and approval, the software significantly reduces the time and effort required to manage payments. It enables subcontractors to submit invoices quickly and accurately, while providing general contractors and project owners with tools to efficiently review, approve, and process payments.
Key Features
Automated Invoice Creation
- Generate invoices automatically based on approved work completed
- Pre-fill invoices with data from subcontractor commitments and change orders
Streamlined Approval Process
- Configurable approval workflows to match organizational needs
- Real-time tracking of invoice status throughout the approval process
Integration with Project Management
- Seamless connection with other Procore modules for comprehensive project oversight
- Access to up-to-date project financial data for informed decision-making
Benefits
Faster Payment Cycles
- Reduce billing time from weeks to minutes
- Accelerate payment processing for improved cash flow
Improved Accuracy
- Minimize errors associated with manual data entry
- Ensure invoices match approved work and contract terms
Enhanced Collaboration
- Facilitate communication between all project stakeholders
- Provide real-time visibility into invoice status and project financials