Overview
In Beta
This feature is currently in closed beta for select Procore customers.Payment Terms & Discounted Terms introduces high-level payment scheduling and discount management directly within Procore Pay, helping to close a critical gap between construction management and commercial payment execution. By enabling teams to define explicit payment timing rules (owner-funding, net-based, and discount-only terms) and exact payable amounts at the commitment level, Procore Pay is designed to assist in aligning subcontractor billing with agreed-upon terms, calculated due dates, and discount calculations on future invoices.
This capability is built to help general contractors capture early-payment discounts and optimize revenue opportunities while maintaining strict control over on-time disbursements, compliance obligations, and audit trails. By providing transparent discount visibility across finance and payment operations teams, it replaces manual spreadsheet tracking with explicit, auditable legal and commercial workflows.

