Below are the notable changes to the project's Payment applications tool in 2020.
Improved Search now includes the Payment Applications Tool (14/9/2020)
Procore has updated its search capabilities to provide users with more powerful and efficient search results. Procore's project search now looks at the following fields for subcontractor payment applications: Payment application #, Commitment #, Comment and Contract Company. For main contract payment applications, the system searches the Payment application #, Contract #, Contractor and the Architect/Engineer fields. In addition, Procore has added type-ahead search capabilities on the Payment application # field. See Search for Items Within a Project Using Procore Search.
New Status Cards & Columns Added to the Payment Applications Tool (19/8/2020)
Procore has updated the project's Payment Application tool to provide users with faster insight into the current state of your payment applications during the current billing period. Designed for use by users with 'Admin' permission to the Commitments and Main Contracts tool, the Payment Application tool provides you with a glimpse of all your payment applications. See Payment Application Management: New Status Cards & Data Columns in the Payment Application Tool.
Enable Sliding Scale Retention Settings on a Commitment's Payment Applications (14/1/2020)
Using new controls in the Advanced Settings tab of a commitment, Procore users in Australia can now enable up to five (5) unique sliding scale rules on a purchase order or subcontract. Once saved, your settings will automatically adjust retention amounts on your project's subcontractor payment applications. To learn more, see Commitments: Configure Sliding Scale Retention Settings on Subcontractor Payment Applications.