LiveCosts

Construction Time Tracking Software

Accurate and Easy Time Tracking Software for Project Teams

Track time for employees, subcontractor dayworks, and equipment usage, while improving project efficiency with software designed specifically for construction professionals

Rated 4.8 / 5 Verified Accounting Marketplace Reviews

"Screenshot showcasing construction time tracking software with a project budget graph and mobile time log approvals, highlighting real-time cost and labor management for Project 1099."

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Discover how our construction management software can help you manage job costs

How can time tracking software help contractors ?

 

“Managing time effectively is critical in construction, where every minute impacts project schedules and budgets. LiveCosts provides a simple time tracking software for construction teams that simplifies the process of monitoring employee hours, subcontractor dayworks, and equipment costs in real time. 

With features like accurate reporting and job-specific allocation, our software ensures you stay on track and within budget, improving efficiency and profitability across all your projects.”

73% of firms using time tracking software gain better visibility into labour expenses, leading to improved cost management. (Source: JBKnowledge)

What makes us different ?
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Built By Contractors

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

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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.

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Great Support

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

We deliver on customer support

Does This Sound Familiar ?

Employee Time Clock Software

Inconsistent Time

Tracking Methods

Relying on a mix of paper timesheets, spreadsheets, and various apps makes it difficult to maintain accurate records

"Performance Metrics in Subcontractor Software: Track project progress with detailed analytics."

Disconnected Time and Budget Tracking

When time tracking isn’t integrated with project budgets, it becomes challenging to assess labour costs, risking budget overruns.

Budget Overrun Icon

Lack of Real-Time

Oversight

Delays in identifying issues due to the absence of real-time tracking can lead to project setbacks and increased costs.

Time Tracking Software Benefits

Track Employee Time

Log employee hours effortlessly using our mobile app or office platform. Add multiple rates for employees and directly assign costs to project budgets, ensuring accurate and efficient cost management.

 

"Screenshot showcasing construction time tracking software with a project budget graph and mobile time log approvals, highlighting real-time cost and labor management for Project 1099."
"Screenshot of a budget report within construction time tracking software, displaying budgets for substructure, foundations, and concrete, with visual progress indicators highlighting efficient cost management under budget."

Subcontractor Dayworks Tracking

Streamline the tracking of subcontractor hours and dayworks. Record and approve work completed in real-time, whether logged from the mobile app or office system, ensuring costs are captured and accounted for within project budgets.

Manage Equipment Costs

Track the cost of your owned equipment from the office or mobile app to understand operational costs. Monitor equipment time spent on individual jobs to improve resource allocation and budgeting.

Connect your favorite accounting softwares
"Xero Logo: A blue circular background with the word 'Xero' written in white lowercase letters, representing the cloud-based accounting software."
"Sage Business Cloud Accounting Logo: Green 'Sage' text above grey words 'Business Cloud' and 'Accounting,' representing Sage's cloud-based accounting software solution."
"Sage 50 Logo: Green 'Sage' text followed by grey '50,' representing Sage's accounting software solution for small to medium-sized businesses."
"Intuit QuickBooks Logo: A green circle with white 'qb' initials, alongside black text 'Intuit QuickBooks,' representing the popular accounting software for businesses."

What Our Customers Say

Previously, our Finance Manager spent hours pulling together weekly timesheets to process wages and allocate labour costs. Now, the team inputs their labour directly into each project, saving time and streamlining the process. Labour hours are instantly assigned to the relevant project, eliminating the need for manual consolidation

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

Time Tracking FAQ's

What is construction time tracking software?

Construction time tracking software is a tool designed to monitor employee hours, subcontractor dayworks, and equipment usage. It provides real-time insights into time allocation and ensures costs are accurately assigned to project budgets.

How does this software benefit construction teams?

By simplifying the process of logging time and allocating costs, the software improves accuracy, reduces errors, and saves time. It also provides valuable insights into project performance and resource utilisation.

Can time be logged from both the office and the job site?

Yes! Time can be logged using the mobile app on-site or from the office platform, giving teams the flexibility to track hours from any location.

How does this software handle subcontractor dayworks?

The software allows subcontractors to log their hours directly, which can be reviewed and approved in real-time. This ensures accurate cost allocation and reduces disputes over recorded hours.

Does the software support multiple rates for employees and equipment?

Yes! You can assign different rates for employees, subcontractors, and equipment, ensuring accurate cost tracking across all projects.

Can the software integrate with Xero Timesheets?

Absolutely. Our time tracking software integrates seamlessly with Xero AUS & UK Versions of Xero Timesheets

 

What are the challenges of managing subcontractors on day rates?

Managing day-rate subcontractors can lead to time entry discrepancies, hidden costs, and budget overruns. Using digital tools for accurate tracking and reconciliation can reduce errors and ensure financial control.

How can digital time tracking help manage labour costs?

Digital time tracking ensures accurate reporting, reduces payroll errors by up to 90%, and offers real-time visibility into labour costs, helping businesses stay within budget and improve efficiency.

What is the best way to track subcontractor day rates?

Implement a standardised time tracking system, reconcile invoices with verified time logs, maintain clear communication with subcontractors, and regularly monitor and audit records to avoid discrepancies and overpayments.

How can geolocation tracking impact employee privacy?

Geolocation tracking can raise privacy concerns. To address this, employers should communicate transparently, obtain consent, and offer alternatives like digital timesheets to ensure employee trust and compliance with data protection laws.

How can technology improve subcontractor management?

Using digital tools for time tracking, invoicing, and reporting enhances transparency, reduces overpayments, and streamlines processes, ensuring subcontractors are paid accurately and on time, while keeping costs under control.

Why is clear communication important in managing subcontractors?

Open communication ensures that subcontractors understand expectations for reporting hours and submitting invoices. It helps prevent disputes and fosters a strong working relationship, improving project efficiency and cost management.

These FAQs address the core challenges and solutions around construction time tracking, focusing on best practices, technology adoption, and privacy concerns.

View More Resources

5 Benefits of Digital Time Tracking in Construction

This article explores how digital time tracking can save time, enhance quote accuracy, monitor contractor hours, manage overtime, and provide insights into project profitability.

How to Overcome time tracking issues

How to Overcome Construction Time Tracking Problems

This post addresses common challenges in construction time tracking, such as time theft and overtime management, and offers solutions like implementing time tracking software to improve accuracy and efficiency.

"Webinar promotional banner by LiveCosts on 'Tracking Time Based Costs Against Projects,' featuring insights on labor, subcontractor rates, equipment time, and reports, hosted by Ciaran Brennan (CEO) and Niall Brennan (COO), scheduled for May 29th, 2024, at 11:00 am."

Tracking Time-Based Costs Against Projects

This webinar replay discusses the importance of tracking time-based costs in construction projects and demonstrates how LiveCosts facilitates this process.