Coreloops - 2026 Pricing, Features, Reviews & Alternatives

Coreloops is a cloud-based financial management platform built for small to mid-sized UK construction businesses, including specialist subcontractors, main contractors, energy efficiency contractors, and electrical contractors, as well as accountants and bookkeepers supporting construction clients. The platform replaces manual, spreadsheet-based processes with a centralised system covering accounts payable, live project cost reporting, labour tracking, contract administration, purchase order management, and team collaboration. Accounting integrations with Xero, Sage, and QuickBooks, alongside Excel import/export and email ingestion via Gmail and Outlook, connect Coreloops to existing business tooling.

At the core of the platform is a live Cost Value Reconciliation (CVR) report that updates automatically across all projects as costs are allocated. AI-powered invoice processing extracts and categorises line-item data from incoming invoices, suggesting the correct project and cost codes based on document content, and routes invoices through configurable approval workflows by supplier, project, or amount, with full audit trails maintained throughout. Labour and timesheet data is imported directly into the platform, with automated pay, CIS tax, and overtime calculations allocating hours to the relevant projects and cost codes. Contract administration tools allow teams to log and track variation orders, payment applications, and schedules of works, while purchase order management covers PO creation, balance tracking, and delivery matching.

CorePilot, an embedded AI assistant, surfaces project insights and financial summaries directly within the platform, reducing the need to manually compile management reports. Document and task assignment, commenting, file uploads, and a complete audit history support cross-team collaboration within a single environment. Sales quote and invoice creation are also available. Coreloops targets construction businesses outgrowing spreadsheets and seeking a single source of truth linking accounts payable to real-time project cost data, with free training, onboarding, and UK-based support included.