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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 Construction Industry Accounts?

The CIA software suite has been meticulously crafted for the UK construction industry! It removes the necessity for supplementary packages or spreadsheets to meet the specific needs of the sector, such as CIS, Job Costing, Retentions, Subcontractor accounting, Applications (Stage Payments), and Certifications. This benefit renders our construction software far more user-friendly than other options on the market. When invoices are inputted into the CIA system, costs are instantly assigned to the respective jobs, allowing for a seamless comparison of actual expenses with your predefined budgets. With CIA Job Costing software, you can swiftly identify cases of overcharging or detect discrepancies within your budgets. Additionally, CIA software makes it easier to pinpoint items that should be included in customer invoices, ensuring that nothing, including minor charges or variations, is overlooked. This feature enables you to maintain a comprehensive view of costs without them getting lost in the details of the original contract. By optimizing these processes, CIA greatly improves both financial precision and operational effectiveness in the management of construction projects, leading to better overall outcomes for your business. Ultimately, this software not only saves time but also enhances profitability by ensuring all aspects of billing are accounted for accurately.

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Integrations Supported

QuickBooks Online
Sage Accounting
Xero

Integrations Supported

QuickBooks Online
Sage Accounting
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
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

CLiP IT Solutions

Date Founded

2001

Company Location

United Kingdom

Company Website

www.clipitsolutions.co.uk

Categories and Features

Job Costing

Bills of Material
Budgeting & Forecasting
Change Orders
Cost-to-Completion Tracking
Invoice Management
Overrun Reporting
Percent-Complete Tracking
Production Cost Tracking
Purchase Order Management
Quotes / Estimates
Time Tracking
Work Order Management

Categories and Features

Construction Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Construction Breakdowns
General Ledger
Job Costing
Overrun Projections
Payroll Management
Purchase Order Management
Quotes / Estimates

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