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.
Company Admins create compliance templates. Once the template is created, start adding requirements. For each requirement, choose from a list of document types, like Bond, Closeout, License, Master Agreement, Project Insurance, and more. Then, give the requirement document a name. Once named, your team can assign it to track purchase orders, subcontracts, and invoices using the Payment Requirements settings in the Payments tool.
Tracking requirements can be important for these reasons and others:
A bond might be required in a subcontract to transfer some of the subcontractor's financial risk to a surety company.
A warranty might be required for a subcontract and collected from the subcontractor with their final invoice.
A W-9 might be required with invoices for tax compliance and accurate record-keeping.
Additional Information:
Compliance templates are only available with Procore Pay.
You can create multiple compliance templates to assign to your Procore projects. However, you can only assign one (1) template to a project.
Navigate to the Company level Admin tool.
Under Tool Settings, click Contracts.
Click Compliance Templates.
Locate the template to update and choose one of these options:
Manage. Click this button to open the template.
OR
Template Name. Click this button to open the template.
In the General tab, scroll to the Required Compliance Documents card, click Add Requirement.
This opens the Create New Requirement window.
In the Document Details card, enter details for the compliance document:
Document Type. Choose an option from the list: Bond, Closeout, License, Master Agreement, Other, Payroll, Permit, Project Insurance, Safety, Stored Material, or W-9.
Document Name. Type a name for the document.
In the Criteria card, make the appropriate selections for the document you need to collect:
Collect At. This determines where the document will be collected and how it impacts Payment Requirements on invoices.
Commitment. Choose this option if the required document impacts the Payment Requirements of all invoices.
Invoice. Choose this option if the required document impacts just the individual invoice it’s being collected on.
Apply Requirement to. This determines whether to backfill this document requirement.
All active commitments/invoices. Applies the requirement to all commitments/invoices when an invoice is created or edited or when the commitment is edited.
Commitments/Invoices created on or after. Enables a date field so the requirement can be applied to commitments/invoices created after a specified date.
Commitment Type. Assign this document to Purchase Orders, Subcontracts, or both Subcontracts & Purchase Orders.
Frequency. This determines how often the document should be required. Documents collected at the Commitment are only collected “Once”. Documents collected at the invoice can be required at the following frequencies:
First Billing. On the first invoice created on the commitment.
Every Progress Billing. On every invoice created on the commitment.
Final Billing. On any invoice with the Billing Type of “Final Billing”.
Under Additional Criteria, click Add Condition to define conditional rules.
Select one of the following conditions from the When dropdown:
Once you make a selection, the Is dropdown appears.
% complete.
Materials presently stored.
New materials stored.
Original contract amount.
Retention release.
From the Is dropdown, choose greater than or equal to or less than.
Once you make a selection, a dollar amount field appears.
Enter a numerical value in the dollar amount field. 
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