The LiveCosts Blog
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Most Recent Posts
How Does LiveCosts Benefit Construction Companies Using Xero?
Add to the power of Xero with a seamless connection to LiveCosts. LiveCosts will create and track all of your construction costs and let Xero
LiveCosts Feature – Catalogue and Project Specific Pricing
Let’s take a look at some of the recent upgrades around the LiveCosts catalogue. A general problem we encounter is businesses can have too many
5 Considerations for Improving Construction Material Procurement
Procurement is a term describing the purchasing process for goods and services. In building construction, material procurement is the process by which the materials required
8 Methods to track construction project costs and increase profitability
According to a study from KPMG, just 31% of all projects came within 10% of the budget in the past 3 years. Tracking and understanding
Spreadsheets Can Hurt Your Profit And Ability To Track Costs
Manual reporting isn’t just data entry, it’s collecting information, transitioning it into new formats such as graphs, Powerpoint and a PDF. It’s having to create
How Can We Improve Construction Productivity & Profit?
With the ‘new normal’ introducing more restrictions to our labour force, we need to be aware of a potential decline in our productivity. Saving costs
What is Livecosts?
We have written blogs on many construction related topics in this series. We thought it would be good to answer a question we get asked
Choosing The Right Construction Accounting Software
After our recent podcast with Stephen Kinch (Kalc Accounting), we at Livecosts thought that it was worth digging a little deeper into this topic. Stephen
Excel For Construction, Is It The Most Powerful Software We Can Use?
Excel is arguably the most powerful product in the Microsoft Office suite, and it’s not hard to see why. With over 1 billion users, it’s
4 Reasons Construction Software Is A Saving, Not A Cost
Work practices within the construction industry have been static for many years. Did you know that construction is the second least digitised industry only just
Best Practices for Invoice Processing
Invoice Processing has commonly been known as the paperwork involved for Accounts Payable purposes. It is related to a business’s purchase of goods and services
6 Methods Of Managing Material Orders On Site
Materials management is both planning and controlling to make sure that materials that appear on site are of the correct quality and quantity. It is
How Exactly Is A Purchase Order Different To A Purchase Requisition?
A purchase requisition is a document used when an employee needs to make a purchase on behalf of the business. It is a request to purchase,
How To Overcome Construction Time Tracking Problems
How businesses track employee hours can range from a scribble on a piece of paper, to a detailed report tracking hours worked down to the
What Are The Benefits Of Using Purchase Orders On Construction Projects?
A purchase order is a must for business management. It is a document that confirms an order for construction materials, sent from a buyer to
Latest Construction Technology Trends (2020)
The construction sector continues to experience remarkable technology advancements. Some of the latest developments would’ve seemed like science fiction in the not-so-distant past. Today’s innovations
5 Simple Steps to Generate Work for Your Construction Company Through LinkedIn
LinkedIn is a business-oriented social network with more than 550 million members. It doesn’t only provide a place to find jobs. You can also use
3 Basic Tax Saving Tips To Benefit Your Construction Business
Deductions from your paycheque require serious consideration, and you deserve to know why they occur. At Irish Tax Rebates’ Tax Tips, they help you understand