Procore Selected by Suffolk Construction to Streamline Financial Management on the Job Site

March 9, 2016
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CARPINTERIA, Calif. – March 9, 2016 — Procore Technologies, Inc., the leader in cloud-based construction management software, today announced that Suffolk Construction, one of the most successful, privately held building contractors in the U.S., has selected Procore as its technology partner for construction project management.

Procore eliminates the need for scattered single-purpose construction software applications by combining enterprise-level construction project management functionality into one inclusive platform. With the recent launch of Field Financials, the platform now includes an intuitive solution that brings greater financial awareness and standardization into the hands of the people who need it on the jobsite.

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“At the end of the day, project managers need to make financial decisions on their projects without having to log into accounting systems, create time-consuming Excel reports, or lean on their accounting teams,” said Tooey Courtemanche, CEO, Procore Technologies, Inc. “Suffolk Construction is building some of the largest and most well-known projects in the U.S., and we are honored to work with them to provide the best all-around solution for construction project management that includes the ability to bring financial management into the field.”

Field Financials provides a mobile enabled financial management solution that gives greater visibility into a project’s real time forecast.

“Construction professionals have been forced to use antiquated financial solutions that aren’t collaborative,” said Bassem Hamdy, EVP of Marketing, Procore Technologies, Inc. “With Field Financials we are eliminating the need for project managers to master accounting software.”

“We are very excited about the functionality that Procore offers and the positive impact it will have on the way we Build Smart,” said Mark DiNapoli, COO, Suffolk Construction Company. “Procore provides the ability to consolidate the various solutions we use to manage our projects into one platform, and the newly released Field Financials tool allows us to empower our project managers with intuitive financial software, in the field, where they need it.”

With proven time to value, Procore will be implemented across all Suffolk projects, including the Wynn Resort in Everett, Massachusetts.