Contract Management by Procore
Contract Management by Procore is a commitments and billing module for construction that centralizes subcontracts, purchase orders, progress payments, and change workflows with optional electronic signatures.
Construction contracts move through versions, approvals, and pay apps faster than email threads can track. Contract Management by Procore focuses on commitments such as subcontracts and POs, payment applications tied to industry-standard forms, and change paths that stay tied to cost exposure.
Vendor material describes creating and tracking contract documents from one repository, monitoring costs against commitments, and speeding approvals for payment applications. DocuSign is highlighted for signing commitments and related documents without mailing paper copies, subject to your integration setup.
For progress billing, Procore states alignment with common AIA-style G702 and G703 progress billing practices, including retainage and stored materials, with room to attach lien waivers and related files. Configurable approval routes are positioned as a way to give finance and project teams shared visibility into where each pay app sits.
Change workflows reference RFQs, change events, and mobile capture so potential costs are linked earlier. Procore also notes broad marketplace integrations across accounting, scheduling, BIM, and other categories, but the value you get depends on which connectors you license and test with your ERP.
Specifications
Pricing
Platforms
Used for
Used by
Tasks
Pros and cons
Pros
- Keeps financial contract data next to job execution records in Procore
- Supports familiar progress billing forms used across US commercial work
- DocuSign integration can remove paper cycles for many commitment types
- Configurable approvals can match how your finance team already controls releases
Cons
- Deep accounting integration still needs deliberate mapping to your ERP
- Teams must adopt consistent coding of change events or reports drift
- Pricing bundles with other Procore financial modules; not always sold alone
Key features
Commitments and POs: Create and track subcontracts and purchase orders with related documents.
Progress billing: G702 and G703 style workflows with retainage and stored materials where configured.
Payment application routing: Approval paths and attachments for lien waivers and backup.
Change and RFQ: Link quotes and change events so cost impacts stay visible.
DocuSign: Electronic signatures for commitments and payments when the integration is enabled.
Mobile access: Cloud access so teams can move approvals on phones and tablets.
Pricing
Enterprise subscription (quote)
Free
Quote-based; confirm Project Financials and Contract Management entitlements in your Procore agreement.
Frequently asked questions
Does Procore Contract Management support AIA G702 and G703 billing?
- Procores contract management pages state support for G702 and G703 progress billing, including retainage and stored materials, with customizable documents. Validate formatting, approval rules, and your owners reporting requirements during setup.
Can we sign contracts with DocuSign inside Procore?
- Yes. Procore highlights DocuSign for electronic signatures on commitments, purchase orders, and prime contracts. Confirm which document types and approval steps your integration covers in a test environment.
Who uses contract management in Procore?
- Procore explains roles across owners, contractors, and subcontractors, with each party managing its layer of the contract chain. Permissions control who can view or edit each commitment type.
How does Contract Management connect to change orders?
- Marketing copy ties change management across tools, including RFQs and change events, so potential costs roll into the financial picture. Your implementation should define how RFIs and field observations initiate change workflows.
Is Contract Management only for large contractors?
- The feature set targets organizations that run formal subcontracting and progress billing at scale. Smaller firms may use it, but license cost and setup effort should match project volume.
Can Contract Management integrate with our accounting system?
- Procore lists many accounting and ERP integrations at a high level. Success depends on your specific ERP, chart of accounts, and cost code mapping, so plan integration testing with your accountant and Procore consultants.