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Procore

Manage Payment Processing

 General Availability in Select Markets (United States)
flag-us.png Procore Pay icon-external-link.png  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 icon-external-link.png functionality in the Procore web application to handle the payment process between general and specialty contractors.

What do you want to manage?

When using Procore Pay, only a Payments Admin can manage the Payment Processing settings in the payor environment. Payees can manage their own bank account settings.

Bank Accounts | Payment Permissions | Project Controls | Workflow SettingsAdvanced Settings | Change History


Bank Accounts

When using Procore Pay to send or receive payments, authorized team members can add and manage your bank account information. See What is a verified bank account in Procore Pay? Account verification for Procore Pay is done using a commercially available database/registry of bank account information.

If you are a payee...

When Procore Pay is being used to receive payments, the named beneficiary company must add a bank account to receive payments. Only the Payment Admins (for paid Procore accounts) and Systems Admins (for free Procore accounts) at the beneficiary company can manage their bank account information. 

 


Workflow Settings

When using Procore Pay to send payments, you can create a Payments Workflow in the Company level Workflows tool. See Best Practices for Creating a Payments Workflow. Once created, authorized users can configure the template's settings in the Payments tool. 

 

Advanced Settings

When using Procore Pay to send payments, only a Payments Admin can manage the Advanced Settings for payment processing in the payor environment. 
 


Change History

When using Procore Pay to send payments, only a Payments Admin can view the Payment Tool's Change History in the payor environment.