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Construction Job Costing Software

Maximise Your Profitability with Real-Time Job Cost Management

Ditch the spreadsheets.
Track costs in real time and protect your margins.

Find out More

Ready to get started?

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

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What is Job Costing Software?

LiveCosts provides small and medium contractors with the tools to track every aspect of project costs in real-time, ensuring you’re always on top of your budget. Our construction industry focused solution removes the need for complicated spreadsheets and manual updates, giving you clear, actionable insights into your job costs at every stage.

72% of construction firms report improved job costs management a when leveraging job costing software.(Source: JBKnowledge Construction Technology Report)

Before LiveCosts vs. After LiveCosts

  • Scattered invoices and paperwork
  • Manual data entry into spreadsheets
  • Finding out profitability after projects end
  • Guessing if you're making money
  • Disconnected systems and processes
  • Working overtime on spreadsheets
  • Invoices scanned and matched to projects automatically
  • Instantly turns invoices into accurate job costs
  • Instantly turns invoices into accurate job costs
  • Committed cost tracking before you spend
  • Everything flows into one unified system
  • Automated reporting and budget alerts

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

With 88% of spreadsheets containing errors, relying on manual cost tracking for job costs leads to mistakes, wasted time, and budget overruns.

2
Easy To Use

Nearly 85% of construction industry projects go over budget, often because job cost overruns aren’t spotted early enough to take corrective action.

3
Great Support

Only 31% of projects stay within 10% of their original budget, making it difficult for construction companies to accurately forecast job costs.

4
Real construction workflows

Designed by industry professionals who know construction job costing, site operations, and productivity challenges.

5
Simple for site teams

Time can be captured quickly on mobile devices, reducing resistance from operatives and supervisors. 

6
Fast implementation

LiveCosts is typically configured and fully operational in just 4 hours — no lengthy IT implementation required. 

What are the benefits of Job Costing?

Detailed Job Budgets

No two construction projects or companies are the same, and your job costing system should reflect that. Our job costs tracking solution allows you to create budgets that align with your unique business and reporting needs.

  • Organise projects with simple or complex budget structures.
  • Improve accuracy in tracking labour, materials, subcontracts, equipment etc.
  • View costs in Real time

Live Budget v Actuals

Our “Live Budget v Actuals” feature provides instant insights into how your actual job costs compare to your planned budget, helping you stay on top of costs and make adjustments before it’s too late.

  • Gain a clear financial overview for individual projects.
  • Contact Value and Budget Variation Management
  • Real Time Profitablility Reporting

Instant Job Reports

Accurate reporting is essential for understanding the financial health of your projects. Our construction accounting software provides detailed reports that enable you to monitor budgets, track performance, and take corrective action when needed. Thats business intelligence all in real-time and in one place.

  • Budget v Actual Job Costs
  • Work in progress Reports
  • Profit and Loss (P&L) Statements

Connect your favourite accounting software

homepage livecosts construction cost tracking software with xero
homepage livecosts construction cost tracking software with sage 50
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“The ease of use, quick support, and tangible benefits make LiveCosts a no-brainer. It consolidates hundreds of invoices each week into one easy system, saving time and reducing human error.”

Ruth Green
Rivendale Developments

“LiveCosts has reduced our accounts data entry by over 60%, freeing the team to focus on more valuable work. What you pay for the system, you save many times over. It gives you full control, saves time, and keeps your finances in check. Cash is king, and LiveCosts helps you protect it.”

Dawie Spangenberg
CEO X-Pro Projects (PTY) Ltd.

“I think that month end WIP process is a lot slicker. Now when Finance and Operations leave the room, we’re all on the same page. There’s no massive queries around finance supposed to cost the wrong job, missing data, that type of thing. Which detracts from the process. So the removal of all those queries, has been a bit of a game changer.”

Gordon Spence
Finance Director, Hankinson Whittle

“The most beneficial aspect of LiveCosts is the cost and reports for each project and the live profit margins. They’re being shown right there on the home page once you log in so it’s easy and clear to see all the real-time information with our reports being pulled up within minutes.”

Julie Donaghey
Finance Manager, O’Neill Mechanical & Electrical Services Ltd

Ready to get started?

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

Watch a Demo
Book a Demo

Frequently asked questions

What is construction job costing software?

Job costing is a method of tracking costs for individual construction projects. It allows you to monitor expenses for labour, materials, and other resources to ensure budgets are met and profitability is maintained. Check out this short video on Construction Job Costing Software

How does job costing benefit construction companies?

Job costing software provides clear insights into project expenses, helping construction industry companies identify cost overruns, improve profitability, and make informed decisions about resource allocation.

Can this software integrate with accounting tools?

Yes! Our job costing construction software integrates seamlessly with popular accounting platforms like Xero, QuickBooks and Sage accounts, ensuring accurate and consistent financial data. With LiveCosts, you can track actual costs against the overall budget in your construction project dashboard, set budgets for each phase for deeper tracking, and visualise costs as a project progresses.

Is Xero job costing similar to LiveCosts

Xero Job Costing or Xero Projects is a simplified version of the LiveCosts system. Xero Projects is built generically for project based work from any industry but not specifically Construction. LiveCosts is built for contractors and provides extra functionality like budget and variation creation, time allocation for employees, suppliers and equipment, procurement workflows detailed project reports ensuring financial control at budget level.

Does the software handle multiple projects simultaneously?

Absolutely. The software is designed to manage job costs across multiple projects, giving you detailed insights for each one while maintaining an overview of company-wide budgets.

How can job costing software improve decision-making?

By offering real-time cost tracking and detailed reporting, the software equips construction professionals with the data they need to make proactive decisions, ensuring projects stay on track and within budget.

What are the common mistakes SMB contractors make when tracking job costs ?

Construction companies often rely on spreadsheets, fail to allocate costs accurately, and struggle with poor communication between teams. These issues can lead to costly errors, inefficiencies, and budget overruns.

Why are spreadsheets not the best option for tracking construction job costs?

Spreadsheets are prone to errors, time-consuming to manage, and provide outdated data. They also create silos that disconnect teams, making it hard to collaborate and maintain accurate cost tracking. construction management software however removes the risk from these outdated workflows.

How can I improve communication between teams on construction projects?

Implementing real-time, collaborative tools that integrate field and office data can ensure everyone is on the same page, reduce errors, and improve decision-making, ultimately keeping projects on track.

What’s the problem with using cost codes for live project costing?

Construction Industry Cost codes often don’t account for real-time changes like material price fluctuations or unexpected delays. Integrated tools that track estimates and live costs together provide more accurate, up-to-date insights.

How detailed should cost tracking be for small vs. large construction projects?

For smaller projects (€500k) require detailed tracking for better cost control and variance analysis. Complexity and client needs influence the level of detail.

What’s the benefit of holding project post-mortems on cost tracking?

Project post-mortems help identify missed opportunities and prevent future financial mistakes. Using accurate, real-time committed cost tracking ensures your post-mortem is based on reliable, up-to-date data, reducing budget overruns. These FAQs address the key pain points and solutions highlighted in your posts and can help guide potential customers through the decision-making process.