New Procore ERP Connector platform provides real-time data sharing between operations and accounting
Procore Technologies has released its global ERP Connector platform, along with four new Procore-built accounting integrations.
Companies can obtain real-time insight into the financial aspects of their construction projects through centralized, accurate data that connects all of their stakeholders. They can easily connect their enterprise resource planning system of choice to Procore Financial Management, a project cost management solution.
According to the 2020 Construction Technology Report, over 50 percent of companies are still relying on spreadsheets to manage ERP workflows. This can lead to double-data entry, costly mistakes, and can create a delay in delivering data back to the accounting team - potentially impacting subcontractors' payment, account reconciliation, and change order processing because decisions are being made based on incomplete data sets.
Customers wanting to use an integration sold directly by Procore now have a choice of nine connectors to choose from. These include four new connectors for Sage, MRI, Acumatica, and Yardi, as well as five previously built connectors for Sage 300 CRE, Sage 100 Contractor, Quickbooks Desktop, Viewpoint Vista, and Viewpoint Spectrum.
Both customer developers and third-party app developers can use the Procore ERP Connector platform to build integrations that leverage the same functionality that Procore-built accounting integrations deliver, so their field and office teams can collaborate in real time.