LiveCosts

Top 7 Ways Purchase Order Management Software Improves Cost Control

Purchase Order Management Software

In construction, keeping project costs under control is everything. Delays, duplicate payments, and unexpected expenses can quickly eat into already tight margins. That’s why forward-thinking contractors are adopting purchase order management software to tighten their grip on spend and bring real visibility into every job.

Whether you’re managing one site or multiple, the right system makes all the difference. Here are seven ways LiveCosts and similar tools help construction companies take full control of costs, without the admin overload.

1. Three-Way Matching Without the Hassle

Manual invoice matching is time consuming and open to errors. With LiveCosts, POs, delivery receipts, and invoices are automatically matched, flagging mismatches before they cost you money.

✅ No more missed costs
✅ No more duplicate payments

2. Live Job Cost Visibility

Static spreadsheets are out. LiveCosts gives you real-time insight into committed costs, actual spend, and budget status, all in one dashboard.

“We’re all on the same page now. No more big queries about costs hitting the wrong jobs or missing data.”
Hankinson Whittle

3. Early Warnings for Budget Risks

Overspend doesn’t always come with a warning. That’s why LiveCosts includes budget alerts, so you know when spend is drifting off course before it hits your P&L

4. Seamless Integration With Accounts

LiveCosts integrates with Sage, Xero, and QuickBooks meaning your purchase data flows into accounts cleanly and accurately. No more double entry. No more reconciliation headaches.

✅ Link site data with finance
✅ Keep your accountant happy

5. Smoother Month-End Close

POs matched. Invoices coded. Deliveries logged. LiveCosts takes the month-end chaos and turns it into a streamlined process, reducing manual checks and cutting time spent on reporting.

“I think it’s fair to say without LiveCosts, we’d probably have to beef up our finance team by another two or three people.”
Mark Grant, Director, South Coast Building Company

6. Stronger Supplier Relationships

When your records are clean, payments go out on time and supplier queries are minimal. That builds trust, and keeps your projects moving.

7. Easy PO Creation for Site Teams

A system is only as strong as the data it receives. LiveCosts makes it easy for site and admin staff to raise POs, record deliveries, and input data, right from their phone.

“LiveCosts runs throughout our whole company now, from site deliveries to PO tracking and project oversight.”
Derek Byrne, Financial Controller, Apollo Group

Real-World Results

Customers using LiveCosts have seen:

  • Faster invoice approvals

  • Clearer project-level cost visibility

  • Fewer late payments

  • Less admin burden at month-end

And most importantly, stronger control of project margins.

How to Choose the Right Purchase Order Management Software

Not all systems are made for construction. Look for:

  • Tools made for project-based cost tracking

  • Integration with your accounting software

  • Budget alerts and real-time reporting

  • Simple interface for both office and site teams

LiveCosts was built specifically for the construction industry, with job costing, procurement, and site-to-office workflows at its core.

Final Word

Purchase order management software like LiveCosts doesn’t just digitise your process, it gives you control. From live tracking to accurate reporting, it lets your team move faster and your business run leaner.

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