What is Construction Budgeting Software?

Construction budgeting software is a tool that helps contractors plan, manage, and monitor project budgets throughout the construction lifecycle.

How does LiveCosts help with budget tracking?

LiveCosts provides real-time cost tracking and budget visibility to prevent overruns and ensure financial control.

Does LiveCosts replace accounting software?

No. LiveCosts works alongside Xero, QuickBooks, and Sage, syncing financial data while giving project teams a dedicated workspace to manage budgets and monitor project spending.

Can LiveCosts track committed budget costs?

Yes, it provides full visibility into pending expenses, helping contractors manage financial forecasting.

Is LiveCosts suitable for small contractors?

Absolutely. It’s scalable for businesses of any size, from small teams to large-scale contractors.

How does LiveCosts prevent budget overruns?

It provides real-time cost tracking, automated alerts, and reporting to keep projects financially on track.

Construction Application for Payment Software

Create, Submit & Manage Applications for Payment with Confidence

Manage construction applications for payment in one place with LiveCosts. Replace spreadsheets with a centralised system that reduces admin and connects each application to live project budgets.

Application for Payment Software

Application for payment software helps contractors create, submit and manage applications throughout the construction payment cycle. LiveCosts replaces manual spreadsheets and keeps each application connected to contract values, project budgets, previous valuations and payment history.

Traditional Process LiveCosts

Spreadsheet based applications
Manual valuation calculations
Disconnected contract records
Payment status unknown
Project costs tracked separately
Time consuming process

Centralised application management
Live project and valuation data
Applications linked to contract values
Real-time application tracking
Live project cost visibility
Live reporting dashboards

What makes us different ?

Manage applications for payment using live project and commercial data. Reduce manual work and keep clear visibility over valuations, applications, payments and project costs.

Accurate Payment Applications

LiveCosts brings together contract values, previous applications, variations and costs to prepare accurate payment applications with less manual work.

Compliance Made Simple

Store every claim alongside supporting documents, approvals and payment history, making it easier to demonstrate compliance with contractual payment processes.

Manage Valuations

Connect applications with contract values, previous valuations and variations so commercial teams can track the financial position of each project.

Submit Applications Faster

Standardises your claim process so every submission follows the same workflow and includes the correct supporting information.

Track Payments in Real Time

LiveCosts gives commercial teams a clear view of approved, certified, rejected and paid applications from one dashboard.

Manage Payment Cycles

Keep applications organised across multiple projects and track upcoming valuation and submission dates from one central system.

Benefits of Application for Payment Software

Gain Better Control Over Applications

Prepare applications for payment using current project and commercial data. LiveCosts helps commercial teams review valuations against project costs and contract values before submission.

Budget vs Actual
Claimed vs Remaining
Approved Variations
Committed Costs
Purchase Orders
Supplier Invoices
Labour Costs

Simplify Civil Construction Applications for Payment

Civil projects often involve phased works, regular valuations and contract variations. LiveCosts helps contractors manage applications for payment while maintaining clear visibility over project costs.

Connect Applications with Commercial Workflows

LiveCosts connects applications for payment with wider project cost and commercial data, giving teams a clearer view of the project’s financial position throughout each valuation cycle.

Project Budgets
Job Costing
Purchase Orders
RFQs
Deliveries
Variations
Labour Costs
Accounting Integrations

Everything an Application for Payment Needs

Manage applications, valuations and supporting records alongside your wider project costs in LiveCosts, giving commercial teams one place to manage each payment cycle.

Schedule of works and rate-based valuation lines

Variations and dayworks tracked separately

Retention and release calculations

Previous, current and cumulative valuation columns

Directly connect Income from applications to job costing reports

Approved applications with role-based permissions

Subcontractor compliance document checks

Xero, Sage and QuickBooks integration

Frequently Asked Questions

What is an application for payment software?

Application for payment software helps UK contractors prepare, submit and track construction payment applications while keeping valuations, contract values, variations and payment records organised.

How can I track applications for payment?

Yes. LiveCosts gives commercial teams visibility over submitted, assessed, certified, paid and outstanding applications from one place.

Can I manage valuations and variations?

Yes. LiveCosts keeps valuations and variations connected to the relevant contract and application for payment.

How does retention work with applications for payment?

Retention is recorded against the relevant application and contract, helping teams track amounts withheld and released during the project.

Can I manage applications across multiple projects?

Yes. LiveCosts gives contractors a central view of applications for payment across multiple active construction projects.

How do applications for payment linked to project costs?

LiveCosts connects applications with budgets, committed costs, purchase orders, supplier invoices and labour costs, giving teams greater visibility over the project's financial position.