About Early Pay Programs

• What is an Early Pay Program?

• How do early Pay Programs benefit cash flow?

• How does an Early Pay Program affect the Procore Pay payment process?

• What are the default enrollment statuses for Early Pay Programs?

With Early Pay Programs, payors can set fees to ensure cost savings. For payees, accepting fees for early invoice payments helps to ensure their financial stability, improve their cashflow health, and reach higher levels of success from consistent cash flow.

For companies that choose to offer Early Pay Programs, it is important to be aware that careful program management is required. This ensures your programs will be beneficial to all parties. A carefully managed program ensures fees don't negatively impact cash flow.