Provident Fund Software

factoHR’s provident fund solution addresses pain areas that any PF trust administrator faces in managing trust activities with features like investment management, financial accounting, employee self-service access, reporting tools, and reminders.

Unique features offered by factoHR’s provident fund software

factoHR’s provident fund software lets you manage benefits schemes for retirements like defined contribution, hybrid funds, benevolent trust, provident fund, and various other gratuity plans.

Provident Fund

Manage all your workforce’s provident fund-related activities along with accounting and reporting in factoHR’s PF Software.

Superannuation

Manage superannuation trust quickly and efficiently with benefits of pension plans after retirement.

Gratuity

Replace excel and calculate complex gratuity quickly and accurately by implementing a custom formula for gratuity payments to members.

Why go with our PF Software?

factoHR provides all in one solution to manage all activities related to employees retirement benefit funds.
Refer below detailed functionalities offered by factoHR

Provident Fund

  • Accounting
  • Reports
  • Loans & withdrawals
  • Reminders
  • Import bulk transactions
  • Bonus interest calculation

Accounting

  • Bank Transactions
  • Bank Reconciliation
  • Inter-Bank Entries
  • Journalization
  • Ledger Reports
  • Balance Sheet

Manage your provident fund with factoHR Today

Membership Management

  • Monthly contribution
  • Loan application
  • Settlement application
  • Transfer application & annexure K
  • International worker check points
  • Member's PF statement

Investment Management

  • Investment evaluation
  • Mutual Fund/equity
  • Accrued Interest
  • Auto-Computed Yield
  • Investment Reports
  • Mark to Market Facility

Employee Self Service Portal

  • PF balance & statement
  • Loan eligibility & application
  • Settlement application
  • Nomination updation
  • UAN KYC
  • Prefilled forms

Statutory

  • ECR file generation
  • Monthly e-return
  • KYC ECR generation
  • Statement IW
  • Break in service
  • Form Generation

Next gen mobile app for next gen workforce

PF & SA Balance

Facility to check as on date PF & SA balances anytime anywhere.

Loan Eligibility

Check eligibility and apply for loan online.

Nominee Details

Members can check and update nominee details through mobile application.

PF & SA Statement

Facility to generate PF & SA statements for current & past financial Year.

KYC Document

Employee can upload and update KYC documents from Mobile.

Transfer in History

Members can check their transfer in application status on mobile.

FAQ on PF Software

What is PF software?
What are the unique features that PF software provides?
How employee self service assists employees in PF
software?
Why should one choose factoHR's PF software?
Can one access their PF details with mobile phones?

Monitor your investments with factoHR Today

Manage your employees’ PF details and investments, avoiding papers and spreadsheets with factoHR’s provident fund solution.
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