Xero, the global small business platform, has partnered with leading global provider of construction management software, Procore Technologies, Inc., to provide a new integration between Procore’s construction financial management solution and Xero’s cloud-based accounting platform.
The new app integration is now available on the Xero App Store in the United States, Canada, the United Kingdom, Australia and New Zealand. It helps solve some of the biggest challenges small and medium construction firms face by enabling them, and their advisors, to connect field and back office teams with real-time, accurate, financial data in the cloud. This in turn supports the delivery of multiple complex projects on time, and on budget.
According to McKinsey, the construction industry accounts for 13 per cent of global GDP, but productivity has grown by just one per cent annually over the past 20 years and digitalization is lower than in nearly any other industry.
You can try the new Procore app in the Xero App Store here.