Real-time Job Costing for Contractors
Ditch the spreadsheets. LiveCosts gives your team one simple system to track labour, materials, plant, and subcontractors in real time - so you can see budget vs actuals instantly and keep every project on target.
Track costs, reduce manual work, and streamline reporting
with tools built for efficiency.
Instant Job Cost Reports
Business intelligence in real-time, in one place.
Accurate reporting is the key to understanding where your project stands. LiveCosts gives builders and contractors up-to-the-minute reporting tools that make it easy to monitor budgets, track progress, and act quickly when costs start to shift. You’ll have the confidence to make informed financial decisions on every job.
Live Budget v Actuals
Clear financial overviews with real-time
profitability reporting.
Stay on top of every dollar as it’s spent. LiveCosts compares your planned budgets against actual project spend, highlighting variances as they happen. That means you can correct issues early, manage changes confidently, and keep profit margins healthy from start to finish.
Connect with Cubit Estimating
Use project information from your estimate to track your job costs.
Export your estimate from Cubit Estimating in a structured format using the LiveCosts Export function, ready to import and map directly into LiveCosts to start your projects with ease.
Track Employee Time
Track data and costs with greater accuracy, precision, and control.
Capture labour hours seamlessly through the mobile app or web platform. Assign time to specific jobs or cost codes, apply multiple pay rates, and feed that data directly into your project budgets. It’s a straightforward way to maintain accurate job costing and eliminate guesswork when it comes to labour expenses.
Procurement Workflows
Track Purchase Orders with instant visibility and approvals on-the-go.
With LiveCosts, procurement stays connected whether you’re on site or in the office. Your team can raise requisitions, create purchase orders, approve spend, and log deliveries – all from a phone or tablet. Every transaction updates your project budget instantly, giving you clear oversight of costs and commitments in real time.
Buildsoft is a licensed reseller of LiveCosts software in Australia.
Get Started with a Demo
See the benefits of LiveCosts for yourself with a free demonstration.
LiveCosts
Frequently Asked Questions
What is construction cost tracking software?
Construction Cost Tracking Software helps contractors and project managers monitor and control project expenses in real-time. It streamlines tracking of budgets, material costs, labour, and other expenditures to prevent cost overruns.
Can I have a demonstration of your solutions?
Why is cost tracking important in construction projects?
Cost tracking ensures projects stay on budget by providing visibility into where money is spent. It helps identify overspending early, improves profit margins, and ensures accurate financial reporting.
How does cost tracking software work?
The software integrates with accounting tools and project data to track expenses in real-time. It categorises costs like labour, materials, and equipment, giving detailed insights into budget vs actual spending.
Who can benefit from using cost management software?
Contractors, project managers, quantity surveyors, office admin and construction business owners can benefit. It’s ideal for SMBs managing multiple projects where accurate cost control is crucial.
Can cost tracking software integrate with Xero, Sage, or Quickbooks?
Yes, LiveCosts integrates seamlessly with accounting software like Xero, Sage and QuickBooks, ensuring accurate, up-to-date cost tracking across all systems.
Still have questions? Get in touch with us to learn more.