The LiveCosts Blog
Regular updates on construction news, industry trends, and more.
Try the Podcast
Subscribe to Time & Materials, a monthly podcast where we host interesting people in the construction industry doing interesting things.
Most Recent Posts
9 Ways Construction Software Can Transform Your Plumbing Business
Here are the nine most significant ways that plumbing businesses have told us that LiveCosts helps their projects stay profitable.
6 Strategies to Plug Budget Leaks on Plumbing Projects
In a recent survey by KPMG, they found that just 31% of projects came within 10% of budget and just 25% within 10% of original deadlines in the past three years.
Milestone: LiveCosts Celebrates 5,000 Projects Across The Globe
LiveCosts are delighted to celebrate this milestone, as we roll out our project cost management software on 5000 projects around the world.
4 Ways To Better Manage Material Ordering On Electrical Projects
Materials management is one of the most time-consuming, labour-intensive aspects of any electrical project.
Explained: How High Is Wage Inflation in Construction in 2022
It’s not just construction materials that are experiencing record inflation – wage inflation is driving up the cost of projects across Ireland and the UK.
Why Do Construction Materials Costs Keep Going Up?
It seems like materials costs are going up every single day. Across Europe, materials costs have reached a 40-year high – with many contractors not
Inflation – What Does That Mean To A General Building Contractor?
When you ask a Building contractor what is keeping them awake at night, the reason they will give you is almost always the rise in
5 Construction Trends To Look Out For In 2022
2021 brought a number of challenges to the construction sector. Contractors experienced material shortages and price increases due to COVID-19. Looking forward, here are the
How To Avoid The 3 Most Common Construction Purchasing Mistakes
Purchasing mistakes are increasingly common and avoiding them can save time, money and improve efficiencies within your business. Let’s get deeper into these common purchasing
5 Benefits of Digital Time Tracking In Construction
Traditionally, the tracking of employee hours would have been done on a piece of paper, but times have changed and companies are evolving to use
Cloud or Desktop Software For Construction?
Cloud software is relatively new way of running a business digitally and enables construction companies to perform all of their operations on a bigger scale.
Automating Invoice Processing In Construction
Invoice Processing is a workflow that has been established by a company to receive and pay incoming bills / invoices. In construction, due to its
How To Choose The Right Construction Accounting Software For Your Company
In our accounting series of podcasts ‘What is the best accounting software for your construction company’, we discussed Xero, Sage and Quickbooks in detail, highlighting the
Accounts Payable Doesn’t Belong On Spreadsheets
Accounts payable in construction refers to the money due to suppliers and subcontractors. It includes all types of costs, such as overhead, direct and indirect.
6 Tips For Keeping Your Construction Budget On Track
In a recent survey by KPMG, they found that just 31% of projects came within 10% of budget and just 25% within 10% of original
Construction Overheads & 5 methods to allocate them
What are Construction Overheads? Construction Overheads refers to costs that cannot be directly attributed to one project, but instead are costs related to running the
5 Steps for a Successful Construction Project Budget
A construction budget is a statement of the amount of money that is available to spend over a period of time, or on a specific
Simple Scan In LiveCosts
Invoice processing is a pain and more so for contractors with the level of invoices they receive on a monthly basis. Manually keying in invoice