What are the default statuses for Procore Pay onboarding?
General Availability in Select Markets (United States)
Procore Pay is available in the United States. It is designed for General Contractors and Owner-Builders who act as their own General Contractors on a job. Procore Pay extends the Invoice Management functionality in the Procore web application to handle the payment process between general and specialty contractors.
To keep payors informed about the status of their payees in the onboarding process, status updates are provided in the 'Beneficiary Account Status' column in the Beneficiaries tab of the Company level Payments tool. To learn more, see About the Beneficiaries Tab in the Payments Tool.
Default Procore Pay Onboarding Statuses
The table below details the different statuses that you'll see when managing beneficiaries for Procore Pay.
Status | Description | Learn more... |
|---|---|---|
Invite Not Sent | The payor hasn't invited the payee to join Procore Pay | |
Invite Not Accepted | The payee was invited to Procore Pay (see Invite Beneficiaries to Procore Pay) but hasn't accepted yet. | |
Invite Expired | The beneficiary was previously invited to onboard, but none of the invitees currently have an active invitation. They will need to be re-invited to complete onboarding. | |
Micro-Deposit in Progress | ||
No Bank Information | The payee accepted the invitation but still needs to verify their bank account. This may involve submitting bank details or providing additional documents for validation. The entry remains in this status until the bank account is verified. | |
Needs Review | The payee added a bank account for payment, but the payor still needs to approve it. | |
Approved | The payee is ready for payment through Procore Pay. |