Procore began the week by announcing financial results for the first quarter ended March 31st, 2026. Then, NetSuite announced a series of innovations designed to help organizations in Mexico increase efficiency and accelerate growth. In other news, Rootstock Software introduced Rootstock Ready, a curated ERP solution and implementation model built to help midmarket manufacturers and distributors achieve desired business outcomes faster. Finally, Tech Mahindra and UKG announced a partnership to help global enterprises, particularly small and mid-market organizations in North America across sectors such as IT, retail manufacturing, and services, boost productivity, efficiency, and workforce agility.
Procore began the week by announcing financial results for the first quarter ended March 31st, 2026. Then, NetSuite announced a series of innovations designed to help organizations in Mexico increase efficiency and accelerate growth. In other news, Rootstock Software introduced Rootstock Ready, a curated ERP solution and implementation model built to help midmarket manufacturers and distributors achieve desired business outcomes faster. Finally, Tech Mahindra and UKG announced a partnership to help global enterprises, particularly small and mid-market organizations in North America across sectors such as IT, retail manufacturing, and services, boost productivity, efficiency, and workforce agility.
Hi and welcome to episode 237 of The ERP Minute. I’m your host, Rebekah McCabe.
Procore began the week by announcing financial results for the first quarter ended March 31st, 2026. Revenue was $359 million, an increase of 16% year-over-year, with operating cash inflow for the first quarter at $77 million. Procore also achieved a gross retention rate of 85% in the first quarter, while number of organic customers contributing more than $100,000 of annual recurring revenue totaled 2,795 as of March 31st, 2026, an increase of 16% year-over-year. These results indicate a strong growth trajectory for the software vendor in 2026 and beyond.
Then, NetSuite announced a series of innovations designed to help organizations in Mexico increase efficiency and accelerate growth. In addition, the next generation of NetSuite, NetSuite Next, will be available in preview to automate and accelerate business processes, improve visibility, and decision-making, and achieve faster outcomes. The latest innovations for customers in Mexico include NetSuite Next Preview, NetSuite AI Connector Service, NetSuite Subscription Metrics, SuiteCloud Developer Assistant, and Mexico E-Invoicing Locations. This global expansion will enable international customers to do more with the NetSuite platform.
In other news, Rootstock Software introduced Rootstock Ready, a curated ERP solution and implementation model built to help midmarket manufacturers and distributors achieve desired business outcomes faster. Developed by seasoned practitioners with an average of 20 years of industry experience, Rootstock Ready combines a core Rootstock ERP solution with template-based configuration to deliver a rapid path to go-live – and a durable engine for ongoing growth. Rootstock is following the trend of simplifying ERP implementation with focused solutions for value delivery.
Finally, Tech Mahindra and UKG announced a partnership to help global enterprises, particularly small and mid-market organizations in North America across sectors such as IT, retail manufacturing, and services, boost productivity, efficiency, and workforce agility. Through the partnership, Tech Mahindra will deploy the UKG Workforce Operating Platform for its employees and expand its UGK services practice. Tech Mahindra will implement, integrate, and support the platform for these global enterprises, focusing on the rising demand for AI-driven workforce solutions. This partnership will enable great access to the UKG platform for Tech Mahindra’s market and customer base, while also enabling Tech Mahindra with new, innovative solutions from UKG.
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