Rische Group
- Real-time tracking of project expenditures
- Enhanced budgeting and forecasting capabilities
- Improved collaboration between on-site and office teams
Watch: Video Testimonial
About Rische Group
Rische Group is a dynamic team of workplace creators, producers and problem-solvers with over 30 years’ of experience in commercial interior fit-out and refurbishment. We partner with businesses across the UK to transform spaces to create places that people are inspired, supported and empowered by.
What problems were you trying to solve before LiveCosts?
Rische Group is a commercial interior fit-out contractor. Our mission is transforming the spaces where people work, interact, and connect.
The challenge we faced was keeping track of project costs in real time. With multiple projects running simultaneously, relying on spreadsheets and manual tracking became overwhelming. This often led to delays in cost reporting and budgeting errors.
How did LiveCosts help overcome your challenges?
LiveCosts provided us with a centralized project cost tracking system, giving us live visibility into the financial performance of each fit-out project. The integration with our accounting software also reduced duplication of work and completely transformed how we manage and monitor project costs.
How did LiveCosts help benefit your business?
We’ve seen significant improvements in cost control across all our projects. LiveCosts has saved us countless hours and improved budget accuracy. It has helped us identify and resolve cost issues early, preventing them from becoming larger problems. Additionally, the platform created a strong feedback loop to our pricing function, positively impacting our competitiveness.
The platform has also greatly improved collaboration among our pricing, project management, and accounts teams. Everyone now works from the same real-time data. This has given our team greater confidence in financial decision-making
“LiveCosts provided us with a centralized project cost tracking system, giving us live visibilty into the financial performance of each fit-out project”.
Would you recommend LiveCosts to other companies?
I would absolutely recommend LiveCosts to other businesses in our industry. It’s user-friendly and brings clarity to job costing. For a small to medium-sized business like ours, it’s made a real difference in how we manage finances and helped us scale our operations.
