General Contractor

  • 1.  Procore renewals - requiring WIP & Financial Statements

    Posted 7 days ago

    Has anyone been able to renew Procore subscription without providing all of your financials and WIP?  We only track maybe half of our business there.  I just find it frustrating to be forced to provide the entire set of financials for a software renewal.  

    Many thanks for feedback - 



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    Renee Hollis
    Accounting Manager
    Blackstone Construction
    Birmingham AL
    (205) 623-4939
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  • 2.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 6 days ago

    When I worked at a different company, they only required the WIP, not financial statements.  they wanted to base the renewal on work completed and what expected work you were going to do for the next year so they can charge you accordingly.  



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    Holly Franz
    Assistant Controller
    ie Smart Systems
    Spring TX
    (281) 447-6278
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    Original Message


  • 3.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 6 days ago

    Renee,

    Procore has a basic template you can use that is much less information than the WIP. They just need total contract value, start date, and end date since they value based on contract volume during your Procore contract period. I filled it out and sent them that only and I double checked the values allocated to our Procore contract periods. They were fine with that. If you give them contract names they have all they need to verify since they only care about projects that will be tracked in Procore. We don't track our small JOC projects in Procore so they don't receive that information since it isn't relevant for the terms of our Procore contract. I can send you a copy of the template our rep from Procore gave us. I would push back on giving them all that other information. They have absolutely no need for that.



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    Krystal Madonia CPA
    CFO
    Haley Construction Company
    Dewey AZ
    (425) 250-6050
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    Original Message


  • 4.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 5 days ago

    Yes, you can renew without providing them anything.  They try to make it seem like they need all that but they do not.  It is just used for them to "help" you determine how much you should renew for.  We did not provide them any of it, and just told them we would like to renew for $x.xx.  Procore has become more and more frustrating for us and this being one of the reasons.  We are now looking at other providers to determine if we want to leave Procore.  Feel free to reach out to me if you have any other questions.



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    Adam Burrows
    Financial Controller
    M. O'Connor Contracting
    West Roxbury MA
    (617) 327-3070
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    Original Message


  • 5.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 4 days ago

    We left Procore for Autodesk for that exact reason.  We had to pay a penalty for making more than we estimated, the transition has been ok.  We did like Procore, just not their renewal practices.



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    Sheri Cuellar
    Controller
    Mountain Construction
    Lakewood WA
    (253) 284-0406
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    Original Message


  • 6.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 4 days ago

    Sheri-

    How has your experience been with Autodesk?   We are considering the same move.   

    Penny for your thoughts  =).   Many thanks



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    Andrew Amrhein
    Controller
    Florida Certified Contractors
    St. Augustine FL
    (904) 824-2301
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    Original Message


  • 7.  RE: Procore renewals - requiring WIP & Financial Statements

    Posted 4 days ago

    Is anyone willing to share their original Procore pricing and where their renewal(s) were priced? Did anyone understand the latest rebranding pricing that has basically doubled the implementation costs? These are the issues that are keeping us from adopting Procore and has us looking at alternates. 



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    Cindy DiCosola
    CFO
    Arnett Construction/Arnett Custom Homes
    Charleston SC
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    Original Message


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