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    Procore ROI Report US

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    Le Thi Anh Tuyet
    This document is a 2021 ROI report produced by Procore Technologies, Inc. to showcase how their construction management software helps improve communication, collaboration, and productivity. The report outlines how Procore's tools help construction teams do more with fewer resources, improve financial management and transparency, address labor shortages, and increase forecasting accuracy. Case studies and survey results from Procore customers illustrate specific ways the platform has optimized processes and improved margins. The report concludes by promoting Procore's platform and additional resources for learning more.

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    © All Rights Reserved
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    Procore ROI Report US

    Uploaded by

    Le Thi Anh Tuyet
    132 views31 pages
    This document is a 2021 ROI report produced by Procore Technologies, Inc. to showcase how their construction management software helps improve communication, collaboration, and productivity. The report outlines how Procore's tools help construction teams do more with fewer resources, improve financial management and transparency, address labor shortages, and increase forecasting accuracy. Case studies and survey results from Procore customers illustrate specific ways the platform has optimized processes and improved margins. The report concludes by promoting Procore's platform and additional resources for learning more.

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    Procore_ROI_Report_US

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    This document is a 2021 ROI report produced by Procore Technologies, Inc. to showcase how their construction management software helps improve communication, collaboration, and productivity. The report outlines how Procore's tools help construction teams do more with fewer resources, improve financial management and transparency, address labor shortages, and increase forecasting accuracy. Case studies and survey results from Procore customers illustrate specific ways the platform has optimized processes and improved margins. The report concludes by promoting Procore's platform and additional resources for learning more.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    132 views31 pages

    Procore ROI Report US

    Uploaded by

    Le Thi Anh Tuyet
    This document is a 2021 ROI report produced by Procore Technologies, Inc. to showcase how their construction management software helps improve communication, collaboration, and productivity. The report outlines how Procore's tools help construction teams do more with fewer resources, improve financial management and transparency, address labor shortages, and increase forecasting accuracy. Case studies and survey results from Procore customers illustrate specific ways the platform has optimized processes and improved margins. The report concludes by promoting Procore's platform and additional resources for learning more.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 31

    2021 ROI REPORT

    03 Introduction

    05 Executive Summary

    06 Chapter 1
    Communication and
    Collaboration During
    a Siloed Year

    11 Chapter 2
    How Teams Can Do More
    with Fewer Resources

    20 Chapter 3
    Owning Your Bottom Line
    with Financial Technology

    25 Chapter 4
    The Labor Shortage and
    the Future of the Industry

    28 Closing

    2
    3
    2021 ROI REPORT
    4
    2021 ROI REPORT
    5
    2021 ROI REPORT
    6
    2021 ROI REPORT
    2021 ROI REPORT

    Footnote: “The Silver Lining of Construction Productivity and COVID-19”


    www.fminet.com/fmi-quarterly/article/2020/12/the-silver-lining-of-construction-productivity-and-covid-19/

    7
    65%

    8
    2021 ROI REPORT
    9
    2021 ROI REPORT
    10
    2021 ROI REPORT
    11
    2021 ROI REPORT
    20%
    40%

    12
    2021 ROI REPORT
    2021 ROI REPORT
    5
    DAYS
    4 4
    DAYS DAYS

    11 11
    DAYS

    10

    12

    13
    2021 ROI REPORT
    According to the
    survey, Portfolio
    Managers for
    Owners save on
    average 10 hours
    per week using
    Procore.

    14
    15
    2021 ROI REPORT
    16
    2021 ROI REPORT
    2021 ROI REPORT
    89%

    GENERAL
    CONTRACTORS
    90%

    SPECIALTY 86%
    CONTRACTORS

    OWNERS
    88%

    86%

    17
    2021 ROI REPORT
    30% 24% 24%

    “Procore allows for increased visibility and


    communication, streamlined and consistent
    workflows across all projects.”
    Project Engineer, Specialty Contractor, USA

    18
    2021 ROI REPORT

    76% of owners surveyed agree Procore


    has the ability to help identify areas for
    improvement on a construction project to
    ensure efficiency.

    19
    20
    2021 ROI REPORT
    2021 ROI REPORT

    Footnote: “The next normal in construction” -McKinsey & Company June 2020
    https://www.mckinsey.com/business-functions/operations/our-insights/the-next-normal-in-construction-how-disruption-is-
    reshaping-the-worlds-largest-ecosystem

    “Materials prices rise for second straight month since COVID-19 crisis began” -Construction Dive July 2020
    https://www.constructiondive.com/news/materials-prices-rise-for-second-straight-month-since-covid-19-crisis-began/581449/

    21
    80% of respondents believe 2021 ROI REPORT

    implementing Procore financial


    tools has improved transparency
    between project management
    and accounting teams.

    22
    2021 ROI REPORT
    70%
    of all respondents say Procore’s Budget
    tool has made forecasts more accurate.

    48% of all respondents say Procore helps


    prevent overbilling.

    23
    2021 ROI REPORT
    71% 71% 84%

    “Procore allows us to streamline processes and


    improves timelines and profit margins as a result.”
    Business Development Manager
    General Contractor, Dublin, IE

    24
    25
    2021 ROI REPORT
    2021 ROI REPORT

    Footnote: “Construction’s skills shortage” -KHL May 2019


    https://www.khl.com/news/Construction-s-skills-shortage/1138380.article

    26
    27
    2021 ROI REPORT
    28
    2021 ROI REPORT
    29
    2021 ROI REPORT
    30
    2021 ROI REPORT
    Produced by
    PROCORE TECHNOLOGIES, INC.

    Procore manages your projects, resources and financials from project planning to closeout.
    Our platform connects every project contributor to solutions we’ve built specifically for this
    industry—for the owner, for the GC, and for the specialty contractor. Our App Marketplace
    has over 300 partner solutions that integrate seamlessly with our platform, giving you the
    freedom to connect with what works best for you, even if we don’t build it. The ability to
    easily communicate across disparate teams makes it easier to work together by eliminating
    silos and establishing a single source of truth. It’s how Procore gives your team access to
    everything they need to know to get their job done.

    IF YOU HAVE ANY QUESTIONS,


    GIVE US A CALL AT 866 477 6267

    OR EMAIL US:
    VISIT THE JOBSITE >
    [email protected]
    Procore’s Hub for
    Original Content

    Talk with an Expert

    WATCH PROCORE TV >

    Procore’s Official
    YouTube Channel

    MORE RESOURCES >

    Free eBooks &


    Downloads

    procore.com

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