What are the default statuses for Procore Pay onboarding?
Important
Author note: Log page changes in JIRA ILR board: https://procoretech.atlassian.net/browse/ILR-284General Availability in Select Markets (United States)
Procore Pay 
is available in the United States. It is designed for General Contractors and Owner-Builders who act as their own General Contractors on a job. Procore Pay extends the Invoice Management functionality in the Procore web application to handle the payment process between general and specialty contractors.Background
Subcontracting companies who want to get paid by a General Contractor paying invoices with Procore Pay must complete the requirements for the Procore Pay onboarding process:
- Open a free Procore account on the Procore Construction Network or purchase a paid Procore account. If a subcontracting company has an existing Procore account, they do NOT need to open an additional free or paid Procore account.
- Join their free or paid Procore account to Procore Pay. This provides subcontracting company contacts with the ability to manage incoming payments.
- Link a bank account to Procore Pay. This is required to receive invoice payments. In the payor's Procore Pay environment, this is called a beneficiary account. See Add a Bank Account as a Payee. To learn how Procore Pay protects this information, see How does Procore Pay securely store and protect my data?
- Review and accept a Procore Pay Agreement for one (1) or more commitments. To learn how see Review and Accept a Pending Procore Pay Agreement as a Payee.
Tip
Are you a subcontractor who needs help with the Procore Pay onboarding process? For step-by-step instructions, see the Payee: Setup Guide.Answer
To keep payors informed about the status of their payees in the onboarding process, status updates are provided in the 'Beneficiary Account Status' column in the Beneficiaries tab of the Company level Payments tool. To learn more, see About the Beneficiaries Tab in the Payments Tool.
Default Procore Pay Onboarding Statuses
The table below details the different statuses that you'll see when managing beneficiaries for Procore Pay.
| Status | Description | Learn more... |
|---|---|---|
| Invite Not Sent | The payor hasn't invited the payee to join Procore Pay | Invite Beneficiaries to Procore Pay |
| Invite Not Accepted | The payee was invited to Procore Pay (see Invite Beneficiaries to Procore Pay) but hasn't accepted yet. | Accept a Procore Pay Invitation as a Payee |
| No Bank Information | The payee accepted the invitation but still needs to verify their bank account. This may involve submitting bank details or providing additional documents for validation. The entry remains in this status until the bank account is verified. | Add a Bank Account as a Payee |
| Needs Review | The payee added a bank account for payment, but the payor still needs to approve it. | Approve a Beneficiary Bank Account as a Payor |
| Approved | The payee is ready for payment through Procore Pay. | Get Started: Payor Guides |