Xero

The new app connects field and back office teams with financial data in the cloud, which in turn helps deliver complex projects on time, and within budget.

By partnering with Procore on this app integration, we’re enabling construction project leads to make better informed, data-driven decisions, so they can help tune their operational efficiency, mitigate project risks, and better scale their business.” “Procore is excited to partner with Xero, one of the world’s leading small business accounting platforms. This, in turn, supports the delivery of multiple complex projects on time and on budget. Still, productivity has grown by just one percent annually over the past 20 years, and digitalization is lower than in nearly any other industry. 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Chris O’Neill, Chief Growth Officer at Xero, adds, “Digitalization and the adoption of cloud tools has the potential to transform the construction industry and make a real impact to the efficiency of individual firms. Xero, the small business platform, has partnered with a provider of construction management software, Procore Technologies, to provide a new integration between Procore’s construction financial management solution and Xero’s cloud-based accounting platform. According to McKinsey, the construction industry accounts for 13% of the global GDP. Procore's platform connects key project stakeholders to specifically built solutions for the construction industry, the owner, the general contractor, and the speciality contractor. 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.