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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 Calitem?

Calitem offers vital assistance to teams involved in purchasing, operations, and accounting by facilitating effective management of vendor expenses and optimizing the invoice processing workflow. The platform adeptly extracts pertinent information from invoices, purchase orders, and delivery notes, while also tracking fluctuations in purchase prices and allowing for comparisons of references, quantities, prices, and taxes across related documents. Any discrepancies or overcharges are highlighted for further review, enabling teams to resolve issues quickly. Moreover, the platform grants teams the ability to establish approval workflows based on various parameters, including amount, supplier, entity, or cost center. At the line item level, Calitem assigns accounts, subaccounts, and cost centers, generates journal entries, and smoothly integrates data with existing ERP systems through built-in integrations or an open API. The checks conducted are contingent on the documents submitted and the terms agreed upon, with the degree of integration differing based on the connectors utilized and specific configuration settings. This thorough methodology not only improves accuracy but also greatly diminishes the manual labor involved in financial processes, ultimately leading to more efficient operations across various teams. Furthermore, the platform's adaptability ensures that it can meet the evolving needs of organizations as they grow and change over time.

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Integrations Supported

QuickBooks Online
Xero
Sage Accounting

Integrations Supported

QuickBooks Online
Xero
Acumatica Cloud ERP
Exact Online
Holded
Infor SunSystems
JD Edwards EnterpriseOne
Microsoft Dynamics 365 Business Central
Microsoft Dynamics 365 Finance
NetSuite
Odoo
SAP Business One
SAP S/4HANA
SYSPRO ERP
Sage 50
Sage X3
Softland ERP
Workday Financial Management

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$199/month
The Base plan is $199 per month, billed annually, and includes 5,000 documents per year, one legal entity and up to three users. Each page counts as one document. Enterprise pricing is custom. Pricing may vary by market.

Supported Platforms

SaaS
Android
iPhone

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

LiveCosts

Date Founded

2018

Company Location

United Kingdom

Company Website

livecosts.com

Company Facts

Organization Name

Calitem Tech

Date Founded

2026

Company Location

Spain

Company Website

www.calitem.com

Categories and Features

Job Costing

Not specified

Categories and Features

Accounts Payable

Not specified

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