Project Cost Management for Construction
Construction cost management software that puts all your numbers in one place
Unlock live data insights and transform your construction cost tracking. Manage budgets, track profitability and prevent overruns, all in one place.
View your project costs as live as it gets
Don't wait months for outdated data. Our construction cost management software offers real-time visibility into your project costs.
Once commitments are made through purchase orders or subcontractor agreements, those costs are reflected against your budget. As expenses and invoices occur, Lentune seamlessly rolls down the committed costs, updating your spend.
That means your project's current costs are always as live as it gets. Pretty neat, huh?
Go way beyond spreadsheets and data entry
Live data at a glance
Lentune puts all your project costs in one easy-to-use dashboard, so you can spot budget creep before it blows out.
A workflow that just clicks
Stop the system switching and tedious workarounds. We build construction software that makes your life easier, not harder.
Accurate back-costing
Dive deep into the details and know where every dollar was spent and why. Use the past to improve future outcomes.
Identify profit centres
Easily identify and understand the sources of your profit, allowing you to replicate success and drive your business forward.
See costs against budget
Lentune allows you to track actuals against the budget as they're incurred, not just as they're processed.
Automate the tedious tasks
Say bye-bye to time-sucking tasks. Our customers report a 70% reduction in admin time on average.
Ready for live data insights?
Request a demo
A real human will be in touch to discuss your business challenges and guide you through how our project cost management software can transform your financial workflow.
Discovery call
We dive deep into understanding the inner workings of your business, so we can expertly align Lentune with your financials, approval process, and organisation structure.
Onboarding plan
We’ll design a personalised implementation plan to get your team up to speed. Our cost management software is made for humans: easy to learn, and easy to use.
Business acceleration
Woohoo — here’s the best part! Save up to 70% of your admin time and experience the joy-giving benefits of better workflow.
Project Cost Management Self-Assessment
Looking to boost project margins and streamline your cost management processes? We’ve put together a self-assessment tool to help you identify areas for improvement and understand the next steps to grow your business.
Learn more about project cost management
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Frequently asked questions
What is construction project cost management software?
Construction project cost management software captures every cost on a project — purchase orders, invoices, subcontractor claims, timesheets, expenses, variations — and tracks them against your budget in real time. The goal is to give you an accurate picture of where your project stands financially at any point, not just at month end. Lentune is built specifically for this, with workflows designed around how construction businesses actually operate.
How does Lentune help Australian builders track costs against budget in real time?
The moment a purchase order is raised in Lentune, that committed cost hits your project budget immediately. As invoices are processed, deliveries confirmed, and claims approved, the financials update automatically. You're not waiting for a manual reconciliation to find out your true position. For Australian commercial builders managing large subcontractor workforces across multiple sites, that live visibility is the difference between catching a margin problem early and finding out about it at month end.
Does Lentune help with Security of Payment Act compliance for retentions?
Yes. Retentions are withheld automatically on both head contracts and subcontracts, tracked through the project lifecycle, and released with a full audit trail. This feature directly supports the documentation and process discipline that Security of Payment obligations require across Australian states.
How does Lentune compare to using spreadsheets for construction cost tracking?
Spreadsheets require manual data entry, are prone to errors, don't update in real time, and give you no automated approval workflows. The bigger your business and the more projects you run, the more the spreadsheet approach breaks down. Customers who move to Lentune report up to 80% reduction in admin time on average. More importantly, they get accurate committed cost visibility before problems compound — not at month-end when it's too late.
What does committed cost tracking mean in construction software?
Committed costs are costs your business has agreed to pay but hasn't paid yet, including purchase orders raised with suppliers, subcontract agreements signed, approved variations. Most accounting systems only show you actual spend, which means you can't see your true financial position until costs are invoiced and processed. Lentune captures committed costs the moment they're created and tracks them against your budget, so you always know your real exposure.
How does Lentune handle subcontractor claims and retentions?
Lentune includes subcontractor claims functionality for creating subcontracts, reviewing and approving subcontractor progress claims, generating payment schedules, and tracking retentions. Claims can be checked against the relevant subcontract, reviewed through Lentune's claim workflow, and approved by the appropriate team members. Retentions can be applied based on the subcontract's retention policy, with retention balances tracked and reported across both head contracts and subcontracts. Retention releases are managed through the relevant subcontract or head contract process and recorded against the contract.