General Availability in Select Markets (United States)Procore Pay with payments powered by Goldman Sachs Transaction Banking (TxB)* 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.
When a subcontractor is performing work for a general contractor, the person (or people) who typically have lien waiver signature authority are:
- An owner or executive of the subcontracting company.
- A manager or employee of the subcontracting company who is granted express permission from an owner or executive.
- A legal representative who has been granted express permission to sign a lien waiver on the owner's or executive's behalf.
In Procore Pay, the default setting for lien waiver signature authority on a subcontractor invoice is the invoice contact on a commitment. Because an invoice contact may not have the authority to sign a lien waiver for the subcontracting company, the contact can grant signature authority to another person. Procore Pay collects one (1) signature. Procore Pay does not support joint signatures on lien waivers. See Share Lien Waiver Signature Authority. If you are unsure who to share authority with, always contact the subcontracting company for guidance.
*Goldman Sachs Transaction Banking services are provided by Goldman Sachs Bank USA (“GS Bank”) and its affiliates. GS Bank is a New York State chartered bank, a member of the Federal Reserve System, and Member FDIC.