LiveCosts: A Case Study by Khired Networks

Streamlining Construction

Operations with Fully-automated

Cost Management Software

LiveCosts: A Case Study by Khired Networks

Streamlining Construction Operations with Fully-automated Cost Management Software

Client’s Introduction

LiveCosts is the provider of cost management services to the construction industry. They wanted to build a robust and fully-automated cost management software to streamline construction operations and bring accuracy to financial calculations. This cloud-based smart construction software enables builders and trade contractors to connect their constriction sites to their offices and calculate their costs in real time with a few clicks. Besides, construction companies can estimate their expenses related to labour, machinery, and building material in excel spreadsheets and download their reports in CVS or PDF formats. Real-time cost calculation improves both the speed and efficiency of construction operations and help builders meet tight deadlines.

Challenges Faced 

Time & Efficiency

  Manual cost calculation is

    time- consuming and less

    efficient

  There is a high probability of

     human error

 

Cost Estimation

  Accurate cost estimation

    requires real-time

    calculation

  Builders need real-time data

     to make informed decisions

Tight Deadlines

  Modern constriction

    projects have tight

   deadlines

  Builders need to speed up

     constriction activities to

     complete their projects on

     time

Time & Efficiency

  Manual cost calculation is

     time-consuming

     and less efficient

  There is a high probability of

     human error

Cost Estimation

  Accurate cost estimation

    requires real-time

    calculation

  Builders need real-time data to

     make informed decisions

Tight Deadlines

  Modern constriction projects

    have tight deadlines

  Builders need to speed up

    constriction activities

    to complete their projects on

    time

The Solution

Khired Networks combined its frontend and back development expertise with automation experience to develop an inclusive cloud-based cost management solution.

9

System Development

We used frontend and backend technologies like Ruby on Rails, JavaScript, Bootstrap, and HTML for the development of a fully-automated cost management software. From MVP development, UI/UX design, and SaaS development, our qualified IT teams collaborated with the client at every stage to deliver a premium quality product.

9

Automation Testing

To validate the performance and reliability of the product, our QA team used different types of functional and non-functional regression testing techniques. For site automation, we used advanced testing tools like RSpec to make sure the software is bug-free and meets the users’ expectations.

9

Sales & Marketing

Next-generation cloud-based solutions need creative and targeted sales and marketing strategies to expand their outreach and engage with more customers. Hence, our experienced sales and marketing teams ran targeted campaigns to interact with potential customers and describe product features to influence their buying decisions. These campaigns helped LiveCosts expand its consumer base in a short time and generate organic leads for higher growth.

9

SaaS Maintenance & Support

Finally, Khired Networks has been providing LiveCosts with SaaS maintenance & support services to enhance the user experiences and continuously improve the product quality.

The Results

This cloud-based cost management software can automate repetitive tasks like invoice processing, procurement to invoice, and calculating expenses related to the building materials and labour costs, etc. Besides, the system can also be integrated with other accounting solutions like Xero, QuickBooks, and Sage. LiveCosts helped global builders and contractors digitally capture and manage millions of construction costs and save endless hours of invoice processing, project administration, and cost management. So far, the world’s leading contractors like M Squared, Cascade Group, and KRP have deployed the LiveCosts for accurate cost estimation and financial calculations of their construction projects.

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