Improved Funding Account Management for Business Entities
Procore has updated the 'Funding Accounts' page under 'Payment Settings' in the Payments tool to the 'Business Entities' page, enhancing support for Procore Pay clients who pay progress claims as multiple business entities. Payments Admins can now manage funding accounts for business entities, including adding, editing, setting a default, and deactivating. They can also view business entities and accounts from this page. To learn more, see Manage Business Entities as a Payor.
Improved navigation for payment requirements
Procore's updated Payment Requirements page now offers Procore Pay users instant insight and clear navigation towards progress claim readiness. The new buttons provide access to commitment, compliance, progress claim and lien waiver items. If you're a payor with access to the Payments tool, see View Payment Requirements as a Payor. For progress claim administrators with access to Project level Invoicing, refer to View Payment Requirements on a Project Progress Claim as a Progress Claim Administrator. Progress Claim contacts in the payee environment can refer to View Payment Requirements as the Progress Claim Contact for a Payee.