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Stock impact report

Introducing CrewCost: The First Modern and Affordable Accounting Software for Construction Contractors [Yahoo! Finance]

Procore Technologies, Inc. (PCOR) 
Company Research Source: Yahoo! Finance
AUSTIN, Texas July 16, 2024 /PRNewswire/ -- CrewCost , the first affordable accounting software designed for contractors by contractors, proudly announces the launch of the company and its namesake product. Built by the founder of Esticom, a cloud-based takeoff and estimating application acquired by Procore, CrewCost's cloud-based construction accounting software is tailored specifically for contractors to help them better understand their numbers and build confidently. The U.S. construction industry is dominated by small and medium-sized businesses that often lack the financial management tools necessary for long-term survival. According to the latest U.S. Bureau of Labor Statistics data , almost 40% of construction contractors go out of business within five years. "With billion-dollar corporations controlling the vast majority of construction revenue, we want to help level the financial playing field for the small and medium-sized contractors who build our homes, schools, and h Show less Read more
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