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Procore Expands To Invoice Management

Carpinteria-based Procore Technologies, which develops construction management software, is expanding its offerings into invoice management, with a new product. The fast growing company--which was worth more than $3 billion in its last funding--said it has added a new product, Procore Invoice Management, which is designed to simplify the billing and invoice process for the construction industry. The company said the new product helps general contractors and specialty contractors manage the pain of manual invoice processing methods. Pricing on the new product was not announced.