Organizations are increasingly turning to contract labour as a flexible, cost-effective resource to create value and drive profitable growth. A single, centralised software is the need of an hour in labour-intensive industries to manage the contract labour workforce efficiently to reduce costs, improve productivity and ensure compliance.
Here’s a detailed read on the 6 benefits of the Contract Labour Management System that organizations can witness in their business operations.
Accuracy
An automated contract labour management system enables organizations to establish uniform performance standards for all contractors and to monitor contract employee operations and ensure their productivity.
Attendance
Keeping track of the labour workforce’s impromptu absences pose real challenges if done manually. Paper-based time and attendance tracking lack a streamlined process and display hindrances. Organizations may suffer time and resources wastage, unclear project plans, extra costs and in some cases, attendance manipulations. Executing a biometric system that’s integrated with a contract labour management system would be the best answer for labour workforce administration as a result of recognizable proof. There won’t be any attendance and time manipulations.
Insights & Analytics
It’s the automated labour management system that creates the labour workforce data into actionable insights. Real-time dashboards with a variety of interactive charts and graphs, provide quick, valuable insights that guide contractors or field managers to incur quick adjustments and continuous improvements. The robust software also facilitates fact-based decisions, spot issues, patterns, and analyse labour performance to avoid unpredicted expenses.
Productivity & Visibility
Live dashboards provide instant visibility into labour workforce trends. Furthermore, the automated update of real-time information creates visibility and data transparency across the business ecosystem. Interactive data visualisation maximises productivity and minimises costs. Insights gained on the labour performance helps to keep results in line with the expectations.
Compliance
One of the essential things HR does is record and maintain labour compliances. Keeping up with such statutory compliances manually is tedious. Organizations can minimize risk by automating the entire compliance management. The software monitors the compliance and alerts when the expiry dates are nearing via email.
Labour Budget
Organisations need to identify, predict, and manage labour performance and opportunities for cost savings and productivity gains. But achieving productivity gains and staying within budget remains questionable if there’s a lack of a reliable way to measure and analyse labour workforce performance. Contract Labour Management Software controls the impact over labour cost by staying within budget and maintaining predictable labour expenses.
emSphere’s Contract Labour Management System meets the complex requirements of today’s mid and large level organisations. It is the new-age solution that must be implemented by industries of all kinds. Are you in the process of redefining and realigning your contract labour management? Our team of contingent workforce experts would love to help you get started with the structural transformation. Mail your requirements to sales@emsphere.com.