Xero Construction Add On
Maximise Xero's Potential for Tracking Projects
Construction projects need more than Xero. Add LiveCosts and get end-to-end tracking and reporting on your construction projects.
LiveCosts is a Xero Partner
See why thousands of construction contractors around the world choose LiveCosts to track their project costs with Xero.
Why Livecosts & Xero ?
LiveCosts integrates seamlessly with Xero to provide construction businesses with a comprehensive solution for cost management. By using LiveCosts alongside Xero, users can streamline their project accounting and cost tracking processes. LiveCosts offers specialized features such as real-time cost updates, budget monitoring, and detailed project insights that complement Xero’s financial capabilities. This integration ensures that construction companies can effectively manage their costs, track project profitability, and maintain financial transparency across all stages of their projects. By leveraging LiveCosts and Xero together, businesses can optimise their financial operations, improve project profitability, and make informed decisions that drive growth and success.
Are you struggling with?
Most accounting systems aren’t built to track individual project costs in real time, leaving work arounds
Sensitive financial data means your wider team cant access accounting systems, making it harder for everyone to contribute
Key project data often has to be manually kept in spreadsheets, increasing the risk of errors and inefficiencies.
Construction Procurement
From construction purchase orders to requests for quotations and site deliveries, LiveCosts adds the construction context to Xero.
Dedicated permission sets allow the whole team to contribute.
Benefits of procurement from LiveCosts:
- Assign your costs against project budgets
- Involve the whole team
- Produce procurement reports in seconds
Track Construction Costs on Mobile
Tracking project costs is a team game.
Use the LiveCosts iOS / Android App to give your team the ability to create requisitions, purchase orders from the site, track labour costs and receive delivery updates and even add purchase receipts which your office team can see and approve in real time.
Benefits of Mobile Cost Tracking:
- Track purchase orders / requisitions from the job site
- Record time against a project budget
- Record onsite deliveries in real time
Automate Invoice Data Entry
LiveCosts will scan your invoice & receipts, extract its data, and match it against the relevant project, PO, and delivery. No more paying invoices blind.
Streamline your invoice processing and project cost allocation with our simple workflow and a single-click will sync with Xero.
Benefits of Invoice Extration:
- Auto-Extract Invoice Data and sync to Xero
- 3 way match invoices to Purchase Orders and Deliveries
- Replace manual data entry into Xero
Generate Instant Reports
LiveCosts construction project tracking software lets you see in real time cost v income, what is outstanding, and what is billed.
You can access data for profit margins and including costs to complete and also get an at-a-glance view of profitability in real-time
Benefits of Project Reports:
- Track construction cost progress in real time
- Run Project P&L's
- Accurate financials on individual jobs, and across all jobs
“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.”
“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.”
“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.”
“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.”
Ready to get started?
Discover how easy it can be to track and control costs in real time.