Procore Pay - Release Notes

Enhanced Multi-Level Subtier Support for Procore Pay (06/16/2025)

Procore has introduced the capability to support multiple levels of subtiers within its Financial Management solution, addressing the complex needs of construction projects with layered subcontractors and suppliers. The multi-level subtier tracking feature empowers general contractors to mitigate lien risks and ensure compliance in states with strict requirements. To learn more, see Add Sub-Tier Subcontractor Information to Commitments and Add Sub-Tier Subcontractor Information to a Subcontractor Invoice. 

Reassign a Procore Pay Invitation (04/28/2025)

General contractors can invite subcontractors to use Procore Pay for direct payments through Procore. Once invited, subcontractors must set up a bank account to receive these payments. If the invited individual is not responsible for setting up the account, the subcontractor can reassign the invitation to the appropriate person within their company. See Reassign a Procore Pay Invitation.

Introducing Procore Pay with Procore Payment Services, Inc. (04/01/2025)

Procore Payment Services, Inc. is a Money Service Business (MSB) that provides a money transmission service to move funds between General Contractors and Specialty Contractors with Procore Pay. It allows Procore clients with Procore Pay to onboard faster, link bank accounts, and move money with full product capabilities. To learn more, see About Procore Payment Services, Inc. and Money Transmission Services.

Custom Onboarding Messages with Automated Reminders for Specialty Contractors (03/31/2025)

Procore Pay now sends email reminders to Specialty Contractors upon invitation to Pay, for missing bank account information, and for unaccepted Procore Pay agreements. Payment Admins can configure a custom message to include in initial invitations and reminder messages. Reminders cease upon subcontractor response or one (1) week. Reminder frequency is not customizable at this time. See Create a Custom Email Message to Invite Beneficiaries to Procore Pay.

New Compliance Requirements for Subcontractor Invoices (03/31/2025)

Payors can now use the Invoice Compliance settings to gather certified payroll and closeout documents during invoice submission. This helps your team ensure your company’s payment requirements are met before invoice approval and disbursement creation. To learn more, see About Compliance Templates for Procore Pay.

New ‘Disbursement No.’ Column in Subcontractor Invoices Tab (03/17/2025)

Procore added a new ‘Disbursement No.’ column to the Subcontractor Invoices tab on the Company level Payments tool to improve visibility for Payments Admins and Payments Disbursers. In the column, authorized users can click the Disbursement No. hyperlink to open the relevant disbursement from the Payments tool directly. To learn more, see About the Subcontractor Invoices Tab in the Payments Tool. This new column aligns the Subcontractor Invoices tab with the user interface in Create Disbursements, View a Disbursement, View a Disbursements List, and About the Disbursements Tab in the Payments Tool. 

Manage Payment Administrators as a Payee (02/25/2025)

Payment Administrators have access to the Payments tool and permissions to take any action within the tool. When the Payments tool is initially set up for a payee company, either by setting up Procore Pay or accepting an invitation to Procore Pay, the existing Company Administrators and System Administrators are given Payment Administrator permissions. 

After the initial set up, Payment Administrator permissions are now managed solely in the Payments tool. See Manage Payment Permissions as a Payee.

New Joint Check Tracking for Sub-Tiers and Disbursements (02/11/2025)

Payors issuing joint checks outside of Procore Pay can now use Procore's Invoice Management tools to track and manage joint check payments for sub-tier subcontractors. Users with the appropriate permissions can add sub-tier subcontractor information to commitments or subcontractor invoices, ensuring financial accuracy and helping teams prevent overpayments. Informational banners and alert messages support payors through the disbursement process. In addition, actions related to joint checks are logged in the change history for transparency and accountability. To learn more, see About Joint Checks with Procore Pay. 

New Timing when Collecting Pay Agreement Fees from Sub Contractors (02/10/2025)

Procore is changing when Payment Agreement fees are collected. Moving forward, sub contractor fees will be collected when an invoice is approved, instead of when it is paid. This will help streamline the payment process and reduce payment delays. Depending on the general contractor you are working with, you may need to accept your Procore Pay Agreement before you can submit an invoice. See Review and Approve Procore Pay Agreements as a Payee.

Expanded options for funds flow Available in the United States (01/17/2025) 

Procore is pleased to announce two (2) new services for Procore Pay:

• Procore Pay   with payments powered by Commerce Bank is now available in the United States. To learn how funds flow when using Procore Pay with payments powered by Commerce Bank, see How do funds flow between bank accounts with Procore Pay?

• Beta  Procore Pay   with payments powered by Procore Payment Services, Inc.'s money transmission services is now generally available in the United States. This option allows new or existing Procore Pay customers operating in licensed states to onboard, link, and validate their existing bank accounts to complete Procore Pay financial transactions. To learn how funds flow when using Procore Pay with payments powered by Procore Payment Services, Inc., see How do funds flow between bank accounts with Procore Pay? To learn more about this service and solution terms, please refer to this page on the Procore website.

Enable “Chicago Title” Sworn Statements on Lien Waivers (01/08/2025)

Procore has streamlined the management of sworn statements in Procore Pay. This update reduces administrative overhead and minimizes errors. See Enable Lien Waivers & Set Default Templates on Projects. Once configured, most waiver settings carry over to new projects using Procore's project template feature. For a complete list of settings that carry over to new Procore Projects, see Configure a Project Template. To include sworn statements as part of a lien waiver template, contact your Procore point of contact.

New ‘Beneficiary Account Status’ Column (01/06/2025)

Procore has added a new 'Beneficiary Account Status' column to the ‘Subcontractor Invoices’ tab on the Payments tool to provide Procore Pay users with greater insight into payee onboarding status. User can also filter and group invoices based on their onboarding status. See About the Subcontractor Invoices Tab in the Payments Tool, Search for and Apply Filters on the Subcontractor Invoices Tab, What are the default statuses for Procore Pay onboarding?