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Ratings and Reviews 7 Ratings
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 KonstructIQ?
KonstructIQ represents a groundbreaking solution that leverages artificial intelligence to meet the diverse requirements of residential general contractors, remodeling firms, and home builders by optimizing both the construction process and financial oversight. This all-encompassing tool manages the project lifecycle seamlessly, offering quick and professional estimates, budgeting, invoicing, payment processing, change-order management, cost tracking, subcontractor coordination, and real-time reporting, all accessed through a single platform. Its estimating capabilities empower contractors to generate accurate bids rapidly, with customizable cost codes and options for markup or margin calculations, while also accommodating both cost-plus and fixed-price pricing strategies. Once an estimate is approved, it seamlessly transitions into the project budget, ensuring that all bills, invoices, or change orders are automatically updated to reflect on the budget, allowing contractors to maintain accurate job costing and monitor profitability effectively. Furthermore, the platform streamlines payment processes for subcontractors and suppliers, offering a variety of payment options such as ACH transfers, checks, debit and credit cards, virtual cards, or Zelle, and it also allows clients to settle invoices easily via an intuitive portal, significantly improving cash flow. This comprehensive approach not only alleviates administrative burdens but also fosters financial transparency for contractors, leading to enhanced efficiency in completing projects. In essence, KonstructIQ serves as a vital tool that empowers contractors to focus on what they do best while ensuring that the financial side of their projects is meticulously managed.
Media
No images available
Integrations Supported
QuickBooks Accountants
QuickBooks Online
Sage Accounting
Stripe
Xero
Zelle
Integrations Supported
QuickBooks Accountants
QuickBooks Online
Sage Accounting
Stripe
Xero
Zelle
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
$199 per month
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
KonstructIQ
Company Location
United States
Company Website
konstructiq.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 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
Construction Bid Management
Bidder Management
Building Product Database
Cost Database
File Sharing
Proposal Management
Quotes / Estimates
RFP Management
Subcontractor Management
Takeoff
Version Control
Construction CRM
Client Tracking
Contract Management
Forecasting
Project Management
Quote Management
Sales Management
Scheduling
Time Management
Construction Estimating
Accounting Integration
Audit Trail
Bid Management
Billing & Invoicing
Building Product Database
Calculators
Change Orders
Contract Management
Cost Database
Customer Management
Customizable Templates
Electrical Estimating
HVAC Estimating
Historical Database
Job Costing
Plumbing Estimating
Price Data / Price Books
Project Management
Quote Management
Reporting/Analytics
Scheduling
Subcontractor Management
Takeoff
What-if Analysis
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
Takeoff
3D View
Assembly Takeoff
Cross Section Creation
Electronic Plans
Elevation Checking
Error Checking
Site Balancing
Slope Routines
Subcontractor Management
Popular Alternatives
No Alternatives