CLMS

Wage Management System

An all-in-one tool for managing an organization's contract workforce.

Learn more about Wage Management Software

TechnoRishi Contractor and Labour Wage Management module ensures timely and accurate wages calculation, integrate with statutory compliance, also assists organizations in a wide range of transactions, including wages, withholding amounts, deductions, allowances, periodic incentives, one-time payments, overtime, etc.

Saves Time

Our Labour Wage Management System will not only make your job easier, but by getting rid Read More

Cost Effective

Payroll management entails complex and time-consuming processes that must be completed eveRead More

Easy to Use

TechnoRishi Contractor Wage Management Software can be easily adjusted with a variety of fRead More

Statutory Compliance

Compliance under State & Central for BOCW, CLRA, ESIC, Factory Act, Interstate Migration ARead More

Reduce Errors

When wage processing is handled manually, people frequently make mistakes. In the TechnoRiRead More

Data Security

The security of your data is critical, especially since your wage contract payment data isRead More

Feature List

“Easy and robust software that can manage an organization's entire contractor staff wage management with a single click in minutes, which saves time while also improving accuracy and operational transparency. Keep your promise to your contract workforce paying the right pay at the right time, across regions. Our Contractor and Labour Wage Management module is directly synced with the attendance data of your employees thus making the entire process a truly seamless one.”

Complete Payroll Processing

Once you've configured and implemented our wage payroll system in your organization, you can manage your wage payroll with a single click based on your needs. The TechnoRishi Contractor Wage Management application will direct your payroll procedures in accordance with your checklist and automatically calculate proper wages. Several payroll reconciliation solutions are available to you that you can use to confirm the accuracy of each wage. Analyze the payroll for the recent and preceding months, and adjust the wages register and wage payroll statements that suit your requirement.

Enhance Efficiency

Contractor Wage Management is a time-consuming and demanding process. TR Wage Management Module helps an organization to address the various challenges involved in wage processing. Using the TechnoRishiishi Wage Management Module, our clients can manage wages, withholding amounts, earnings, deductions, other allowances, incentives, one-time payments, overtime, among other transactions.

Easily Configure

The TechnoRishi Labour Wage Management Tool provides the ability to manage and build complex wage structures. It is a highly adjustable compensation structure that can be easily customized as per your industry's norms, criteria, or specifications and the category of contract workers. You can build a wage structure that is appropriate for your company by adding and removing an endless number of wage components.

Accurate Pay

TechnoRishi Third-Party Workforce Wage Management System combines all your payroll and post-payroll needs into a single platform. It seamlessly connects with the administrative system, allowing for a quick, simple, and automatic wage calculation procedure. Our automated Contractor Wage Management tools provide all the formulas for flexible earnings and deductions, which reduces errors in wages calculation and improves accuracy. You can adjust the wage pay cycles and pay times. Wage templates, pay slabs, and pay structures can be customized for any worker or contract workforce type. You can quickly add increment components to your current pay structure using our Wage Management Software.

Automated Process

Our Labour Wage Management System tracks all contract employees' monthly attendance, OT, leaves, etc., and automatically calculates wages after considering leaves and statutory deductions into account. Our Wage Management Software automates the entire wage process and reduces the workload of employees.

Integration

Integration with any face biometric system for attendance data & with SAP/any ERP for work order and wages information. Our Wages Management Application provides you seamless integration with leave and attendance management system for all contract workforce/employee as payroll inputs.

Loans and Advances

The company must manage not just basic payroll but also reimbursements, loans, and advances for workers. Our wage management system includes functions like automatic calculation of wage advances, multiple loan repayment and interest options, insurance claims with limit verification, comprehensive reimbursement configurations, fully automated computation of perks and benefits, pausing loan deductions for a set period, and automatic closure upon reimbursement finalization.

Full and Final Settlement

TechnoRishi Contractor and Labour Wage Management System provides you with easy steps for wages processing. For full and final settlement of employees the same steps as just explained in wages processing are to be followed.

Insights

The TechnoRishi Wage Management application makes it simple to create a wide range of statistical monthly wages and advance wages reports. You can generate detailed wage reports for tax purposes and to better understand wage expenditures. Using simple dashboards to provide a complete overview of the organization's whole payroll function.

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