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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 Digital Time Capture?

DTC provides an effective solution for tracking daily expenditures related to labor, equipment, materials, and various incidental costs, including details on subcontractors for over 10,000 laborers daily. This innovative platform enables construction companies to invoice clients swiftly and accurately, resulting in quicker and hassle-free payments that greatly improve their financial outcomes. Gone are the days of juggling multiple timesheets, payroll systems, and invoicing software to keep a project on track. With its intuitive interface, DTC allows construction firms to seamlessly collect payroll and invoicing data while automating key calculations and ensuring compatibility with any payroll or ERP system. When utilizing DTC for client invoicing, companies can significantly enhance their financial situation by minimizing labor-intensive reconciliations, avoiding payment delays, and resolving cash flow challenges. Additionally, DTC produces comprehensive data that can be audited within the platform, guaranteeing that invoices are precise and trustworthy for all parties involved. In essence, embracing DTC not only simplifies operational processes but also promotes stronger financial stability for construction businesses, ultimately driving success and growth. The shift to such a streamlined system allows firms to focus more on project execution rather than administrative burdens.

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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 Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

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

Digital Time Capture

Date Founded

2005

Company Location

Canada

Company Website

www.digitaltimecapture.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

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