About the Payments Settings

Objective

To configure the Payment Settings for Procore Pay in the Company level Payments tool.

Background

Users with the required user permissions can click the Configure Settings  icon to open the Payments Settings page. This page has two tabs: Payment Processing & Payment Requirements. Each tab contains all the settings you need to configure Procore Pay for your company's Procore account.

Things to Consider

• Required User Permissions
• Additional Information:
• Authorized users can manage these in the Payments Requirements tab:
  • Manage Lien Waivers & Templates
  • Manage Payment Requirements

Steps

1. Navigate to the Company level Payments tool. 
   Note: The Subcontractor Invoices tab is active by default. 
2. Click the Payments Settings  icon.
   This opens the Payments Settings page. 
3. In the Payments Settings page, click one of these tabs to manage those payment settings:
   • Payment Processing
     Click this tab to manage the payment processing features for Procore Pay. Tasks that you can perform are: Link your company's external bank accounts, assign users the Payments Disburser role to create and view disbursements, manage the Pay features and bank accounts on projects in bulk, optionally disable the Disbursements feature in Procore Pay, and view a comprehensive change history for the Payments tool. 

     To learn how to Configure Payment Processing as a Payor, see these links: Manage Funding Accounts. See Manage Procore Pay Bank Accounts.  Manage Payment Permissions Manage Project Controls Manage Workflow Settings Manage Advanced Settings View the Payments Tool Change History

   • Payment Requirements
     Click this tab to enable the lien waiver features on your company's projects, create, edit, or delete lien waiver templates for use on projects, and configure your company's payment requirements to help Payments Disbursers track when your invoices are in a ready-to-pay state.

     To learn how to Manage Payment Requirements, see these links: Manage Lien Waivers & Templates Manage Payment Requirements View the Payment Requirements Change History

See Also

• About the Subcontractor Invoices Tab in the Payments Tool
• About the Disbursements Tab in the Payments Tool