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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 Contruent?

Software designed for overseeing capital projects that accelerates value delivery is essential. In the realm of large-scale construction initiatives, time plays a pivotal role. Any delays can lead to significant repercussions, with each additional month of postponement escalating both risks and expenses. With Contruent capital project management software, moving your projects forward more swiftly becomes a reality. This software is equipped for immediate use, having accumulated over 25 years of best practices and comprehensive expertise in capital construction. EPCs, along with owners and operators, will discover all the necessary tools to ensure their projects succeed while adhering to timelines and budget constraints. Moreover, Contruent capital project management software has been instrumental in the successful completion of numerous major construction and engineering endeavors across diverse sectors—such as mining, oil and gas, rail, infrastructure, and utilities—spanning six continents, showcasing its global impact and versatility.

Media

No images available

Media

Integrations Supported

Box
Microsoft SharePoint
QuickBooks Online
SAP Business One
Sage 500
Sage Accounting
TimeControl
Xero

Integrations Supported

Box
Microsoft SharePoint
QuickBooks Online
SAP Business One
Sage 500
Sage Accounting
TimeControl
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

Contruent (Formerly ARES PRISM)

Date Founded

1992

Company Location

United States

Company Website

www.contruent.com

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 Management

Accounting Integration
Budget Tracking/Job Costing
CRM
Change Orders
Commercial
Contract Management
Contractors
Equipment Tracking
Estimating
Incident Reporting
Mobile Access
Offline Access
RFI & Submittals
Residential
Subcontractor Management
Timesheets

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

Project Management

Agile Methodologies
Budget Management
Client Portal
Collaboration Tools
Cost-to-Completion Tracking
Customizable Templates
Gantt Charts
Idea Management
Kanban Board
Milestone Tracking
Portfolio Management
Resource Management
Time & Expense Tracking
Traditional Methodologies

Project Portfolio Management

Budget Management
Collaboration
Dashboard
Issue Management
Milestone Tracking
Portfolio Management
Project Planning
Requirements Management
Resource Management
Status Tracking
Task Management
Time & Expense Tracking

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