Payor Setup Guide

During the initial phase, the Payment Operations team collaborates with your company's key contacts and tech leads to activate Procore Pay in your Procore account:

• Procore Pay Activation. The Payment Operations team will activate Procore Pay in your Procore account. They will also activate features for Payment Requirements, Lien Waivers, and the Invoice Management tools.

• Single Sign-On (SSO) Configuration. If you utilize an SSO solution, our team works with your technical leads to adjust your solution's settings to grant authorized team members Procore Pay access.

• Multi-Factor Authentication (MFA). Procore Pay requires users to authenticate their identity through MFA when logging in and before performing sensitive financial transactions. Your technical team will need to choose a TOTP-compliant one-time password application. See Why is MFA mandatory for Procore Pay and how does it work?

As the payor, you will be assisted by the Payment Operations team in establishing a deposit account with Procore's banking partner and setting up user access to Procore Pay:

• Approval of Banking Partner Agreements. You will need to complete forms to open a Procore Pay Deposit Account. Following this, we can initiate the integration of your deposit account with the transaction banking system. See Open a Deposit Account for Procore Pay as a Payor.

• Submission of Authorized Payment Administrator Form. This form empowers our Payment Operations team to grant access to your designated Payments Admins. Post-completion, we can grant user access to your Payments Admins. See Add or Remove Payments Admins as a Payor.

• MFA Setup for Payment Admins. After configuring your SSO solution, your company's authorized Payment Admins can set up MFA for Procore Pay on their mobile devices. See Set Up MFA for Procore Pay on Your Device and Log in to Procore using MFA.

This diagram details the initial Procore Pay setup workflow.

To maximize the effectiveness of your company's training session(s), Procore encourages your key contacts and future Procore Pay to share your company's specific goals and target outcomes for Procore Pay with your Procore point of contact and Implementation Project Manager.

For this step, you'll work with the Payment Operations team at Procore to and Implementation Project Manager to:

• Perform Payment Testing. The Payments Operations team will work with your Payments Admins and Payments Disbursers to test how your funding account's financial institution responds to wire requests.

• Perform Production Payments. When testing is complete, your Payments Admins and Payments Disbursers can begin sending the first round of production payments. Your Payments Admins and Payments Disbursers can initiate contact and provide feedback about your experience to the Payments Operations team.

• Lessons Learned & Project Closeout. After your first round of production payments, your Procore Implementation Manager will meet with your team to close out the implementation project and review lessons learned.