LiveCosts

Head of Finance

Construction Cost-Tracking Software for Head of Finance

Get accurate, real-time finances on your construction projects.
  • Connect Stakeholders In One System
  • Accounting Automation
  • Construction Project Dashboards
  • Accurate Financial Performance
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visual of a dashboard showing aspects of a live construction project and its running costs

LiveCosts for
Head of Finance

The unpredictability of the past couple of years has created new challenges for CFOs and finance teams in the construction industry.

These include the urgency to increase the frequency of reporting, to manage the future of the business through financial planning and analysis, and to maintain the financial health of the organisation through cash flow management.

LiveCosts construction cost tracking software gives you an overview in real time of projects and overall construction finances. Providing your business with simple dashboards of key cost data so you understand how your project is performing against its budget in real time.

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Head of Finance

Problems
LiveCosts Solves

  • Poor cost-tracking systems lead to high risk of error in financial reports
  • Double-entry of data is a poor use of resources
  • Hours spent mapping transaction data to the right attributes across different systems
  • Chasing employees and contractors for receipts

We help you solve your business problems

section header of livecosts construction cost tracking software solution for construction business owners
feature header image of livecost construction project cost tracking software for business owners

Accurate Financial Performance

  • Visualise actual construction costs versus budget
  • 3-Way Match applied to financial documents in real time
  • Unaligned financials caught immediately
  • Track everything, right down to the phase level
livecosts feature icon for instant construction project status reports

Construction Project Dashboards

  • Instant access to real-time information about any project
  • Visualise project progress against budget
  • Budget alerts when a material or phase is exceeding estimated costs
  • Forecast profits based on real data, not just estimates
icon image of alternative to excel for tracking construction costs

Automatically Map Transaction Data

  • 3-Way Match automatically reconciles dockets, Invoices, and Purchase Orders
  • Automatically generated Invoices and Purchase Orders prevent human error
  • Automating repeatable tasks increases company efficiency
  • Remove inconsistencies in budgets
icon for livecosts feature connect cosntruction project stakeholders in one system

Connect Stakeholders In One System

  • Make repeat orders from trusted suppliers in a click
  • Job References and Cost Codes are recorded live and accurately
  • Invoices are tracked against Purchase Orders
  • See project accounting data live
Client Story

Kelbuild

Watch how Kelbuild use LiveCosts to:

  • Save 60% of the Accounts Team's time on data entry
  • See a live reflection of costs on each project phase
  • QS have complete control of project costs and budgets
logo for kelbuild construction head of finance using livecosts construction cost tracking software
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Useful Resources for Head of Finance

From blog posts to guide books, explore our library of content designed to make every construction Head of Finance’s life easier.

Free eBook: Cost-Tracking for Modern Construction SMBs

Get This Guide

Blog Post: 5 Steps for a Successful Construction Project Budget

Read This Blog Post
PodCast: How To Successfully Implement New Technology Into Your Construction Company
Listen To this Podcast
Integrations
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Popular Features

Feature 1 | Project Dashboards for Construction

See key cost data about your projects, automatically, in live reports on a custom dashboard. Learn more about LiveCosts construction project dashboard.

Feature 2 | Construction Budgeting Software

Automate your purchase order accounting process. LiveCosts creates a simple construction purchase order system that is tailored to the unique requirements of a construction company or contractor. Learn more about LiveCosts construction budgeting software.

Feature 3 | Procurement Software for Construction

Work smarter, not harder, with the LiveCosts Request for Quotation feature. Issue requests for quotes to multiple suppliers and once, compare prices line by line all with fewer clicks and manual data entry. Learn more about LiveCosts procurement software for construction.

Feature 4 | Construction Time Tracking Software

Time is money. LiveCosts records time from the jobsite and assigns it directly to a project budget ensuring you have full sight of a project’s true costs in real time and how it is performing against its original budget. Learn more about LiveCosts construction time tracking software.

Feature 5 | Construction Material Tracking Software

LiveCosts delivery feature captures the delivery receipt from the field and applies it to the correct Purchase Order in a simple workflow. Learn more about LiveCosts construction material tracking software.

Feature 6 | Construction Invoice Software

LiveCosts electronic construction invoice software will allow you to become paperless overnight.

Feature 7 | Construction Price Catalogue Software

LiveCosts provides a digital construction price catalogue that stores your most frequently ordered materials and their various prices over time. Learn more about LiveCosts construction price catalogue software.

Feature 8 | Accounting Software Integrations

LiveCosts seamlessly connects your project data to accounts in real time. Learn more about LiveCosts construction accounting software integrations.

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No credit card required. No contracts to cancel. No setup fees. No hidden costs. No downloads.

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LiveCosts Software FAQs

How Does Construction Cost Tracking Software Help Heads of Finance?

LiveCosts offers real-time insights into financial performance, allowing Heads of Finance to easily see and understand construction project and overall construction finances.

So you can see how projects are performing against budget as they progress.

 

What Key Problems Can LiveCosts Solve for Heads of Finance?

LiveCosts provides Heads of Finance with a single, easy-to-use platform for connecting stakeholders and receiving accurate financial updates across all construction projects.

Our construction cost-tracking software can solve common issues such as inefficient cost-tracking systems or processes, risk of errors in financial reports, the time spent manually mapping transaction data and performing data entry. 

Can a Construction Cost Tracking Software Help in Financial Planning and Analysis for Construction Projects?

LiveCosts provides Heads of Finance with key construction cost data so they see which projects are performing. 

With its comprehensive dashboards and real-time data, LiveCosts helps to accurately forecast profit from construction projects, keep budgets on track, and manage cash flow more effectively.

What Benefits Does the Automated 3-Way Match Feature Offer to Heads of Finance Using LiveCosts?

LiveCosts 3-Way Match Feature automates the reconciliation of invoices, purchase orders, and delivery dockets.

This replaces the need for these tasks to be performed manually preventing human error, avoiding repetitive time-consuming tasks and removing inconsistencies in budgets and data.