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What is LiveCosts?

LiveCosts serves as a specialized financial management application tailored specifically for construction contractors seeking greater control over their project expenditures, purchase orders, supplier invoices, and profit margins, and boasts a global user base exceeding 20,000 individuals. This innovative tool allows users to track project spending in real time, efficiently manage budgets without the burden of cumbersome spreadsheets, and offer finance, commercial, and site teams a cohesive overview of costs as they happen. By using LiveCosts, teams can reduce administrative workloads, speed up invoice processing, detect overcharges early, and evaluate project progress against financial objectives before profit margins are affected. The platform includes features for detailed project cost tracking, management of purchase orders, supplier pricing catalogs, invoice processing, labor cost monitoring, valuation assessments, customizable reporting dashboards, an AI document parser, and easy integration with popular accounting systems like Xero, QuickBooks, and Sage. With LiveCosts, construction companies can protect their profits, improve cash flow management, and simplify the financial reporting process, making it faster, clearer, and more accurate. Furthermore, the software equips users with the insights needed to make strategic decisions, ultimately enhancing project results and overall financial performance, thereby positioning firms for greater success in the competitive construction industry.

What is BuildTools?

BuildTools is an AI-powered construction project management platform developed for custom home builders, residential remodeling companies, and design-build contractors. The software combines project scheduling, budgeting, job costing, document management, client collaboration, and field operations within a unified workspace. Its project dashboard provides visibility into active jobs, financial performance, upcoming milestones, approvals, team responsibilities, and construction progress. Budgeting tools track original estimates, revised budgets, committed expenses, invoices, change orders, and projected profit margins by cost code. QuickBooks integration synchronizes project financial information with accounting records to support job costing and expense management. Construction scheduling features include interactive Gantt charts, task dependencies, critical path calculations, milestone tracking, and published schedules for clients and trade partners. The platform's document management tools organize blueprints, specifications, contracts, requests for information, and other project files with version history and browser-based PDF markup. Its client portal allows homeowners to review approved schedules, access progress photos, make material selections, and electronically approve change orders. Field management capabilities include jobsite photo documentation, daily activity reports, task assignments, punch lists, and communication records associated with individual projects. BuildTools also provides bidding workflows, vendor management, compliance document tracking, lead management, and reporting tools for monitoring construction operations. Its AI assistant can draft project correspondence, change orders, scopes of work, and other administrative documents while identifying missing approvals, budget variances, and potential project risks.

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Integrations Supported

QuickBooks Online
Xero
Sage Accounting

Integrations Supported

QuickBooks Online
Xero
Microsoft Excel
QuickBooks Online Advanced

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

$499/month
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

LiveCosts

Date Founded

2018

Company Location

United Kingdom

Company Website

livecosts.com

Company Facts

Organization Name

BuildTools

Company Location

United States

Company Website

www.buildtools.com

Categories and Features

Job Costing

Not specified

Categories and Features

Construction Management

Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Incident Reporting
Mobile Access
Offline Access
Residential
Subcontractor Management
Timesheets

Subcontractor

Not specified

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