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What is RCS?

RCS believes that developing an effective cost allocation strategy and accompanying user fee reports requires more complex calculations and in-depth analysis than what standard spreadsheet or word processing tools can offer. To fulfill this requirement, RCS created proprietary software that is both intuitive and robust in functionality. This software is designed with a logical interface that enhances user navigation and produces easily understandable reports. Founded by two former City Managers, Doug Ayres and Lee Weber, alongside ex-Finance Director Rick Kermer, RCS emerged in response to the financial challenges posed by Propositions 13 and 4. The founders recognized that reduced tax revenues would likely decrease or eliminate tax subsidies for fee-based services, making it essential for municipalities to accurately evaluate their service costs to ensure fiscal health. Now, four decades later, Revenue & Cost Specialists continue to focus on the complexities of cost allocation and service cost evaluations. Our extensive experience allows us to help you maintain a balanced budget while exploring new revenue streams and pinpointing potential areas for cost savings, thereby safeguarding your organization's financial stability in a constantly evolving economic environment. We are committed to empowering cities with the necessary tools and knowledge to navigate these challenges effectively.

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

Media

No images available

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

Revenue & Cost Specialists

Company Location

United States

Company Website

www.revenuecost.com/copy-of-software

Company Facts

Organization Name

LiveCosts

Date Founded

2018

Company Location

United Kingdom

Company Website

livecosts.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

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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