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Regular updates on construction news, industry trends, and more.
We are delighted to announce that LiveCosts has joined SmartCraft, one of Europe’s leading providers of software for construction businesses. This marks an exciting new chapter for LiveCosts and gives
Quick Summary Tradify is a job management platform for trades businesses. It combines scheduling, invoicing, timesheets, job costing and purchase orders, making it particularly useful for companies that want to
Construction budgets rarely fail in one dramatic moment. They slip through small gaps: a supplier invoice lands late, labour gets coded to the wrong job, a variation is approved on
Electrical contractors need software that does more than keep the lights on or organise jobs on a calendar. The right system should help power your business by keeping you connected
Construction companies generate cost information throughout every stage of a project. Budgets are created before work begins. Purchase orders create future commitments. Labour is recorded on site. Supplier invoices confirm
A progress claim is a formal request for payment based on the value of work completed during a construction project. Contractors and subcontractors use progress claims to receive payment as
An application for payment is a formal request submitted by a contractor or subcontractor for the value of work completed during a specific period. It is commonly used on construction
Contractors and subcontractors both carry out important work on construction projects, but their roles, responsibilities and contractual relationships are entirely different. The main difference between a contractor and a subcontractor
Construction bookkeeping is the process of recording and organising a construction company’s financial transactions while keeping relevant income and costs connected to individual projects. It covers everyday financial records such
Construction projects rarely go over budget because of one major mistake. In most cases, the final overspend develops through a series of smaller problems. An incomplete drawing creates a variation.
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