Construction Invoice Software

Stop losing hours, we capture the data and match it to your budgets.

With AI-powered line item extraction and 3-way matching, LiveCosts takes invoices from inbox to approval in seconds.

Ready to get started?

Discover how easy it can be to track and control costs in real time.

How does construction invoice software help contractors ?

Every business must process invoices, but doing it manually wastes time, risks mistakes, and thats before it is costed to a job !

LiveCosts Construction Invoice Software automates this process by extracting invoice line items using AI, applying 3-way matching, and connecting every invoice to your budgets, POs, and deliveries.

Beyond faster approvals and fewer errors, LiveCosts helps you build a reliable database of historical prices, giving you the insight you need to compare costs, spot trends, and make smarter purchasing decisions.

Automating invoice processing reduces data entry errors by up to 90%, minimising discrepancies and disputes. (Source: Gartner)

Before LiveCosts vs. After LiveCosts

What makes us different ?

LiveCosts is designed for construction professionals who refuse to let poor cost tracking eat into their profits

1
Built By Contractors

Designed by construction industry professionals, LiveCosts tracks job costs the way contractors actually work.

2
Easy To Use

LiveCosts has been designed with ease-of-use in mind. LiveCosts is powerful yet simple. Set up is achieved in hours, not weeks.

3
Great Support

Get real support from industry experts who understand job costs. No bots, just fast, reliable customer service when you need it.

Construction Invoice Software benefits

Effortless Invoice Entry with AI

Simplify invoice processing with our powerful AI invoice extraction feature. Upload invoices directly to the system, and let the Construction Invoice Software automatically capture key details like supplier names, dates, and all line items. With seamless integration, you can post invoices to Xero, Sage, or QuickBooks with just one click, ensuring consistent and accurate financial records.

Reduce manual data entry, minimise errors, and speed up invoice handling across your projects. Keep your accounts up to date, maintain full visibility of costs, and ensure every invoice is recorded against the correct job, helping your team stay organised and your financial reporting remain reliable from day one.

Construction Invoice Software

3-Way Matching

Ensure every invoice matches its corresponding purchase order and delivery record with our automated 3-way matching Construction Invoice Software. This feature helps you prevent discrepancies, avoid disputes, and ensure all costs are accounted for correctly.
Automatically flag price differences, missing items, or incorrect quantities before payments are made, giving your team time to resolve issues quickly.

Strengthen financial controls, reduce the risk of overcharging, and maintain accurate records across all your projects, helping you protect margins and keep procurement running smoothly from order to payment.

Invoice Approvals

Create approval workflows for your invoice processing that match how your business operates. Set spending limits, assign approvals based on project roles, or require a project manager to review all project-related invoices. The choice is yours with our Construction Invoice Software.
Automate approvals to reduce delays, prevent unauthorised spending, and ensure every invoice is checked before payment.

Maintain clear accountability across your team, speed up processing times, and keep your financial controls strong, giving you confidence that costs are accurate and budgets remain under control.

Connect your favourite accounting software

Ready to get started?

Discover how easy it can be to track and control costs in real time.

Frequently asked questions

What is construction invoicing software?

Construction invoicing software is a tool designed to simplify invoice management for contractors. It automates tasks like invoice creation, tracking, and approvals to ensure accuracy and compliance.

How can construction invoicing software help with financial compliance?

Construction invoicing software ensures accurate cost tracking, enhances financial reporting, and helps companies comply with tax and regulatory requirements by automating invoice matching and maintaining detailed records.

Can this software integrate with my accounting tools?

Yes! Our invoicing software integrates seamlessly with popular platforms like Xero, QuickBooks, and Sage, ensuring consistency across your financial workflows.

How does this software reduce manual errors?

By automating invoice creation, tracking, and 3-way matching, the software eliminates the need for manual data entry, significantly reducing errors.

Can I track invoices for jobs without purchase orders?

Yes! Our software allows you to track and allocate invoices to job budgets, even when they are not associated with a purchase order, providing flexibility for your projects.

Does the software support multi-currency invoices?

Absolutely. Our invoicing software supports multiple currencies, making it ideal for projects with international suppliers or subcontractors.

What is the 3-Way matching process in construction invoicing?

3-Way matching cross-references the purchase order (PO), goods receipt note (GRN), and supplier invoice to ensure accuracy, preventing overpayments, fraud, and ensuring suppliers are paid only for delivered materials.

How does 3-Way matching benefit construction businesses?

3-Way matching reduces payment errors, prevents fraud, speeds up invoice approval, improves cash flow, and enhances financial reporting, ensuring construction companies only pay for what was ordered and delivered.

How can I prevent overcharging by suppliers?

Centralise rate documentation, use cost tracking software to link invoices to POs and deliveries, and implement automated tools like smart OCR to detect price overcharges and track rate variations.

What challenges do construction companies face in invoicing?

Construction companies deal with high volumes of invoices, complex supplier agreements, and deliveries. Without automation, discrepancies, delayed payments, and fraud can occur, leading to project delays and cost overruns.

How can construction invoicing software improve efficiency?

By automating processes like 3-Way matching, invoicing software speeds up approvals, reduces manual workload by up to 70%, improves accuracy, and strengthens supplier relationships while maintaining cash flow.

Why is tracking material rates important in construction?

Managing project-specific material rates ensures construction projects stay on budget. By linking invoices to purchase orders, companies can catch overcharges early, adjust for market changes, and generate reports for transparency. These FAQs address key pain points and solutions based on your posts, helping potential customers understand the value of construction invoicing software.