Latest from The LiveCosts Blog
Happy Friday! 🎉 Here’s your monthly roundup of the latest industry content from LiveCosts.
As a Fit-Out contractor, wouldn’t it be easier if you were able to automate repeatable actions and orders?
In this blog we discuss 6 methods the role of Accounts Payable can contribute to cost tracking on a construction project.
Any one of these tips, all making use of modern technology, will save any landscaper hours a week that could be better spent generating revenue. So let’s dive in.
Here are the nine most significant ways that plumbing businesses have told us that LiveCosts helps their projects stay profitable.
In a recent survey by KPMG, they found that just 31% of projects came within 10% of budget and just 25% within 10% of original deadlines in the past three years.
LiveCosts are delighted to celebrate this milestone, as we roll out our project cost management software on 5000 projects around the world.
Materials management is one of the most time-consuming, labour-intensive aspects of any electrical project.
It’s not just construction materials that are experiencing record inflation – wage inflation is driving up the cost of projects across Ireland and the UK.
Why Do Construction Materials Costs Keep Going Up? It seems like materials costs are going up every single day. Across Europe, materials costs have reached
Inflation – What Does That Mean To A General Building Contractor? When you ask a Building contractor what is keeping them awake at night, the
| 3 Min Read | 5 Construction Trends To Look Out For In 2022 2021 brought a number of challenges to the construction
| 3 Min Read | How To Avoid The 3 Most Common Construction Purchasing Mistakes Purchasing mistakes are increasingly common and avoiding them can save
| 3 Min Read | 5 Benefits of Digital Time Tracking In Construction Traditionally, the tracking of employee hours would have been done on a
| 3 Min Read | Cloud or Desktop Software For Construction Cloud software is relatively new way of running a business digitally and enables construction
| 3 Min Read | Automating Invoice Processing In Construction Invoice Processing is a workflow that has been established by a company to
| 3 Min Read | How To Choose The Right Construction Accounting Software For Your Company In our accounting series of podcasts ‘What
| 3 Min Read | Accounts Payable Doesn’t belong on Spreadsheets Accounts payable in construction refers to the money due to suppliers and
| 3 Min Read | 6 Tips For Keeping Your Construction Budget On Track In a recent survey by KPMG, they found that just 31%
| 3 Min Read | Construction Overheads & 5 methods to allocate them What are Construction Overheads? Construction Overheads refers to costs that
| 3 Min Read | 5 Steps for a Successful Construction Project Budget A construction budget is a statement of the amount of
| 5 Min Read | Simple Scan In LiveCosts Invoice processing is a pain and more so for contractors with the level of
| 5 Min Read | How Does LiveCosts Benefit Construction Companies Using Xero? Add to the power of Xero with a seamless connection
| 5 Min Read | LiveCosts Feature – Catalogue and Project Specific Pricing Let’s take a look at some of the recent upgrades
| 5 Min Read | 5 Steps To Great ‘Request For Quotations’ On Construction Projects A Request for Quotation or an RFQ in
| 5 Min Read | 5 Considerations for Improving Construction Material Procurement Material Procurement Procurement is a term describing the purchasing process
| 5 Min Read | 8 Methods to track construction project costs and increase profitability According to a study from KPMG, just
| 3 Min Read | Spreadsheets Can Hurt Your Profit And Ability To Track Costs Manual reporting isn’t just data entry, it’s collecting
| 5 Min Read | How Can We Improve Construction Productivity & Profit? With the ‘new normal’ introducing more restrictions to our labour force,
| 5 Min Read | What is LiveCosts? We have written blogs on many construction related topics in this series. We thought it
| 7 Min Read | Choosing The Right Construction Accounting Software After our recent podcast with Stephen Kinch (Kalc Accounting), we at Livecosts thought
| 5 Min Read | Will COVID-19 Affect Construction? – 9 Things To Consider We are exposed to so many updates on COVID-19
| 3 Min Read | Excel For Construction, Is It The Most Powerful Software We Can Use? Excel is arguably the most powerful product
| 5 Min Read | 4 Reasons Construction Software Is A Saving, Not A Cost Work practices within the construction industry have been static
| 3 Min Read | Managing Supplier Statements – 3 Easy Tips A construction company will receive both invoices and a statement at the
| 5 Min Read | Best Practices for Invoice Processing Invoice Processing has commonly been known as the paperwork involved for Accounts Payable
| 5 Min Read | 6 Methods Of Managing Material Orders On Site Materials management is both planning and controlling to make sure
| 5 Min Read | How Exactly Is A Purchase Order Different To A Purchase Requisition? A purchase requisition is a document used when
| 5 Min Read | AI In Construction – 7 Incredible Ways It’s Changing The Industry Artificial intelligence (AI) is an ability for machines
| 5 Min Read | How To Overcome Construction Time Tracking Problems How businesses track employee hours can range from a scribble on a
| 3 Min Read | What Are The Benefits Of Using Purchase Orders on Construction Projects? A purchase order is a must for business
| 5 Min Read | Latest Construction Technology Trends (2020) What’s happening in 2020 The construction sector continues to experience remarkable technology advancements. Some
| 2 Min Read | 5 Simple Steps To Generate Work for Your Construction Company Through Linkedin To get started follow these steps
| 3 Min Read | 3 Basic Tax Saving Tips To Benefit Your Construction Business Deductions from your paycheque require serious consideration, and
| 3 Min Read | 5 Simple Tips for Winning Your Next Construction Project Improve the percentages Bidding/tendering for projects can be an exhausting
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