First, Procore Technologies, Inc. announced financial results for the third quarter ended September 30, 2026. Then, Oracle announced Oracle Financial Services Data Intelligence Treasury Analytics and Oracle Financial Services Data Intelligence Customer Analytics. In related news, Planful Inc. announced AI Thinking Mode, a new reasoning capability embedded within Planful AI Analyst Assistant, purpose-built for finance. Finally, ECI Software Solutions, Inc. has acquired Sierra Data Systems, a provider of construction and logistics software that connects back-office and field operations.
First, Procore Technologies, Inc. announced financial results for the third quarter ended September 30, 2026. Then, Oracle announced Oracle Financial Services Data Intelligence Treasury Analytics and Oracle Financial Services Data Intelligence Customer Analytics. In related news, Planful Inc. announced AI Thinking Mode, a new reasoning capability embedded within Planful AI Analyst Assistant, purpose-built for finance. Finally, ECI Software Solutions, Inc. has acquired Sierra Data Systems, a provider of construction and logistics software that connects back-office and field operations.
Hi and welcome to episode 261 of The ERP Minute. I’m your host, Rebekah McCabe.
First, Procore Technologies, Inc. announced financial results for the third quarter ended September 30, 2026. Revenue was $402 million, an increase of 19% year-over-year, with a GAAP gross margin of 80%. Additionally, Procore achieved a gross revenue retention rate of 95% in the third quarter. This shows significant growth and a positive trajectory for Procore, which continues to deliver specialized solutions.
Then, Oracle announced Oracle Financial Services Data Intelligence Treasury Analytics and Oracle Financial Services Data Intelligence Customer Analytics, new analytics applications that combine curated financial services data with AI-assisted exploration to help financial institutions and insurers analyze complex data and inform business decisions. Generally available globally, the solutions leverage Oracle Analytics Cloud’s AI Assistant and Auto Insights, enabling business users to ask questions in natural language to generate visualizations and automatically discover patterns in their data to make faster, more informed decisions. This is yet another AI-empowered tool to empower financial teams. Customers will be able to make much more informed decisions, faster.
In related news, Planful Inc. announced AI Thinking Mode, a new reasoning capability embedded within Planful AI Analyst Assistant, purpose-built for finance. AI Thinking Mode example tasks include investigating performance across reporting, getting ahead of month-end close, tracking balance sheet trends, keeping workforce costs on plan, and much more. Planful customers can continue to reduce manual work and improve business processes.
Finally, ECI Software Solutions, Inc. has acquired Sierra Data Systems, a provider of construction and logistics software that connects back-office and field operations. The acquisition strengthens ECI's existing relationship with Sierra and accelerates innovation, investment, and customer support for residential trade contractors. Together, ECI and Sierra will give growing contractors greater visibility across their operations, from estimating and purchasing through inventory management and cost tracking. ECI and Sierra will continue to help reduce friction associated with connecting the field and the back office.
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