About Procore Insights

This project-level Insights tool helps you monitor and optimize your invoice and billing workflows for a project. Teams can pinpoint bottlenecks in billing workflows, improve cash flow, and reduce the risk of missed or inaccurate subcontractor invoices.

This insight surfaces key invoice approval metrics by highlighting pending or overdue invoices for the project. Additionally, it pinpoints lags between subcontractor invoice approval and owner invoice creation This insight helps you to:

• View the total outstanding subcontractor invoices for the project.

• See the average days required to approve invoices at the project level, including the company and the industry averages for the relevant cohort.

• View a summary of subcontractor invoice statuses and average completion days across all active projects, with a portfolio breakdown by project including pending and total counts.

• Analyze the invoices by status. For example, the Insights tool displays total invoice counts and the count of approved, under review, pending owner approval, revise and rebuilt, and draft.

• Drill down to explore data by contract company to analyze approval times from longest to shortest, total invoices, and amounts. You can view subcontractor invoices by status to highlight outstanding funds (for example, outstanding dollars).