Suffolk Construction Picks Procore as Technology Partner

CARPINTERIA, Calif. - March 9, 2016 — Procore, a leader in construction management software, today announced that Suffolk Construction, one of the most successful, privately held building contractors in the U.S., has selected Procore as its technology partner for construction project management.

Procore eliminates the need for scattered single-purpose construction software applications by combining enterprise-level construction project management functionality into one inclusive platform. With the recent launch of Field Financials, the platform now includes an intuitive solution that brings greater financial awareness and standardization into the hands of the people who need it on the jobsite.

"At the end of the day, project managers need to make financial decisions on their projects without having to log into accounting systems, create time-consuming Excel reports, or lean on their accounting teams," said Tooey Courtemanche, CEO, Procore Technologies, Inc. "Suffolk Construction is building some of the largest and most well-known projects in the U.S., and we are honored to work with them to provide the best all-around solution for construction project management that includes the ability to bring financial management into the field."

Field Financials provides a mobile enabled financial management solution that gives greater visibility into a project's real time forecast.

"Construction professionals have been forced to use antiquated financial solutions that aren't collaborative," said Bassem Hamdy, EVP of Marketing, Procore Technologies, Inc. "With Field Financials we are eliminating the need for project managers to master accounting software."

"We are very excited about the functionality that Procore offers and the positive impact it will have on the way we Build Smart," said Mark DiNapoli, COO, Suffolk Construction Company. "Procore provides the ability to consolidate the various solutions we use to manage our projects into one platform, and the newly released Field Financials tool allows us to empower our project managers with intuitive financial software, in the field, where they need it."

With proven time to value, Procore will be implemented across all Suffolk projects, including the Wynn Resort in Everett, Massachusetts.

About Suffolk Construction Company

Suffolk Construction is one of the most successful privately held building contractors in the country. With annual revenue of $2.5 billion, Suffolk provides preconstruction, construction management, design-build and general contracting services to clients in the healthcare, science and technology, education, federal government and commercial sectors. Engineering News-Record ranked Suffolk #31 on its 2015 national list of "Top 400 Contractors." Suffolk's corporate office is based in Boston, Massachusetts, and the company has a strong national presence with main offices throughout the Northeast, Southeast and West regions. Suffolk is committed to delivering its "build smart" approach to construction management on every project. The company's project teams provide clients comprehensive planning services, innovative solutions and technologies and proven processes, such as Lean Construction principles and Virtual Design and Construction (VDC), to deliver the most complex building construction projects on schedule and on budget, with minimal risk. For more information, visit www.suffolk.com.

About Procore Technologies, Inc.

Procore Technologies, Inc., a leader in construction management software, helps construction firms simplify the construction process with a powerful, yet easy to use platform. With unlimited user licenses and user-centric product development, we are able to create the most intuitive and collaborative platform—resulting in immediate ROI. When all stakeholders have constant access to real time project information from anywhere, at any time, with any device, firms drastically increase their project efficiency, and more importantly, profit.