Asset Register continuously captures and organizes asset data throughout construction, providing contractors with reliable digital handovers while giving owners the complete, verified records needed to fast-track commissioning and start operations sooner

Company Website: https://procore.com
CARPINTERIA, Calif. & LONDON -- (Business Wire)

Procore Technologies, Inc. (NYSE: PCOR), the leading global provider of construction management software, today announced the general availability of Asset Register, a new tool within Procore Asset Management that helps contractors replace weeks of project handoff work with a continuous digital handover process. By building complete asset records throughout construction, contractors deliver higher-quality handovers while owners receive trusted information to commission buildings and help begin operations sooner. These trusted asset records create the connected data foundation for Procore AI agents to understand project context and allow teams to make faster, more informed decisions.

Every year, the construction industry loses billions of dollars because critical asset information is not captured until project closeout. Contractors spend weeks manually assembling asset documentation instead of focusing on higher-value work, while owners inherit fragmented asset records that delay commissioning, increase operational risk, and postpone revenue-generating operations.

"Construction teams generate thousands of decisions and data points about every critical asset over the life of a project, but too often that information lives in disconnected systems until the very end," said Geoff Lewis, SVP of Product at Procore. "By connecting every asset to the work, documentation, inspections, and quality records behind it, we’re helping owners get facilities online and generating revenue sooner, while replacing traditional binder dumps with a streamlined, digital handover for contractors.”

Instead of waiting until project closeout, Asset Register continuously captures and connects inspections, warranties, manuals, RFIs, as-built drawings, and other project information to every installed asset as work progresses. This reduces manual closeout work for contractors while providing owners with verified asset records from day one that help accelerate commissioning and simplify long-term operations. The result is a complete digital record that moves seamlessly from construction into operations—creating trusted asset data that lays the foundation for increasingly valuable Procore AI experiences across the construction lifecycle.

Built into the Procore platform teams already use to manage construction, Asset Register captures, organizes, and validates asset information as work happens—eliminating the need to recreate documentation during project closeout while creating a connected data foundation for Procore AI.

Key Asset Register capabilities include:

• Organize installed assets in a centralized, searchable register
• Update asset information directly from the field using mobile devices and scannable QR codes
• Maintain a complete audit trail from installation through handover
• Export structured asset information for owner maintenance systems, reducing manual data entry
• View assets in 3D using Building Information Modeling (BIM) (available now in UK and Ireland with general availability planned for fall 2026)

“Historically, procurement and inventory management have been a lot of work for our team, so we’ve been really excited about Procore Asset Management,” said Kira Henderson, Director of Operations Support at Altus Power Inc. “It gives our technical teams visibility from design through project handoff, bringing all our asset data into one place instead of separate systems. Because we manage projects in Procore throughout the development lifecycle, everyone—from our finance team to our CEO—can quickly access the information they need, reducing timelines, stress, and friction between teams.”

Supporting Digital Asset Management Across EMEA and APAC

As a core pillar of Procore’s Europe Common Data Environment (CDE), Asset Register helps organizations maintain a continuous, auditable record of fixed assets throughout construction. This improves project visibility and supports regulatory compliance, documentation, and operational readiness.

In EMEA, these capabilities also support the Building Safety Act’s “Golden Thread” requirements by connecting BIM models with field documentation, inspections, and supporting records to create a complete, verifiable digital asset record.

Market Availability

Asset Register is generally available today across North America, EMEA, and APAC.

To learn more, visit https://www.procore.com/en-gb/fc/asset-management.

About Procore

Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore’s unified technology platform drives efficiency and mitigates risk through AI & data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries. For more information, visit www.procore.com.

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Contacts:

Media Contact
press@procore.com

Source: Procore Technologies Inc.