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What is Masarek?

Masarek is a cloud-based platform tailored for managing construction projects, specifically aimed at general contractors, fit-out firms, MEP contractors, and subcontractors. This innovative tool includes numerous features such as lead management, conducting site inspections, BOQ-based cost estimation, digital takeoffs, and the formulation of quotations, along with the ability to acquire approvals and digital signatures. After a quotation is approved, it can be effortlessly converted into a project that comprises milestones, tasks, dependencies, and various scheduling formats like Gantt charts, lists, or calendars. The mobile app enhances the process by allowing users to document site diaries, capture photographs, track material usage, labor, equipment, and monitor overall progress. In terms of procurement, users can effectively handle supplier RFQs, compare proposals, generate purchase orders, and efficiently manage receipt tracking. Teams are empowered to oversee bills, expenses, and variations, enabling them to analyze estimated costs against actual expenditures while also setting project budgets with commitment alerts and spending controls. The invoicing module supports milestone payments, on-demand requests, deposits, and retention invoices, and it also tracks payments meticulously. Furthermore, Masarek includes features for document management, tracking budget revisions, generating project reports, and an AI assistant that helps in lead generation and cost estimation, all of which collectively boost project efficiency. By providing such an extensive array of functionalities, Masarek ensures that construction teams can effectively optimize their workflows and foster better collaboration throughout the project lifecycle. This ultimately leads to more successful and timely project completions.

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.

Media

No images available

Media

No images available

Integrations Supported

Integrations Supported

QuickBooks Online
Sage Accounting
Xero

API Availability

API Availability

Pricing Information

$30/month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
On-Prem

Supported Platforms

SaaS
Android
iPhone

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
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Futurosoft Technologies

Date Founded

2025

Company Location

United Arab Emirates

Company Website

masarek.com

Company Facts

Organization Name

LiveCosts

Date Founded

2018

Company Location

United Kingdom

Company Website

livecosts.com

Categories and Features

Categories and Features

Job Costing

Not specified

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