Labor Funds Management System
 

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SolidSoft Solutions proudly introduces its new labor union business solution, the Labor Funds Management System.

The Labor Funds Management System (LFMS) is a membership management software package that has been designed to assist local unions in tracking their member and employer information, provide funds management, record and track pension information, and perform comprehensive health claims management.  LFMS is easy-to-use and fully integrated to eliminate data redundancy.  LFMS generates professional reports easily and quickly, and provides the user with various selection criteria choices.

Security is provided in LFMS at a functionality level and each user is granted permission for each function provided.  This is extremely helpful in maintaining HIPAA compliance.  Based on the user sign-on, LFMS keeps track of who made the last change / update to the information for each screen provided and when the change was made.

LFMS accurately keeps track of each of the funds (Dues, Pension, and Health & Welfare) at both the employer and member levels.

At the heart of LFMS is the Member Maintenance functionality that provides access to the member information repository, including:

  • Employer

  • Contact Information

  • Job Classification

  • General Information

  • Fund Participation

  • Deductibles (Member & Family)

  • Voter Registration Information

In addition, at the touch of a button the following detail information for each member is available:

  • Dependents

  • Beneficiaries

  • Categorized Comments

  • Fund Contributions

    • Pending Contributions

    • Dues Receipts History

    • Pension Payment Receipts History

    • Health & Welfare Payment Receipts History

  • Pension Benefit Summary

Contribution Billing:

Based on information stored in the Employer and Member files, Contribution Billings for the Dues, Pension and Welfare Funds can be automatically prepared for mailing to each respective employer.  This information is automatically posted to a pending file that is used to determine funds that are in arrears and delinquent.

 
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