Pension Management Software
factoHR’s pension management software guarantees clear and secure investment management for employee pension funds that help them after their retirement.
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factoHR Retirement Benefit Platform also offers below mentioned modules
Multiple Pension Scheme
With factoHR pension management, admins can manage multiple pension schemes and perform pension-related transactions quickly from a single place.
Pension Calculation
factoHR provides you a configurable yet flexible pension calculation where you can calculate your members’ pension, control disbursement amount, and download calculation statements within a single platform.
Process your investment details online with factoHR today
Annuity Type
You can select an annuity type from options like ⅓, ⅔, full pension or full refund to claim your pension at the time of retirement.
Claim Settlement
Using our pension management, members can apply for claim settlement and you can track bank entries made in case of insurance amount received by the trust and paid to the member.
Easy Accounting
Streamline your complicated accounting with factoHR using real-time accounting, maker-checker approval, auto voucher posting, and reporting.
Bank Receipt/Payment
Bank Reconciliation
Contra
Journal
Reports
Revenue Account
Balance Sheet
Investment Management
Our investment management feature enables you to monitor returns on your trust’s investments by performing mark to market valuation, managing all types of security, investment evaluation, etc.
Investment Evaluation
Mutual Fund/Equity Purchase
Interest Accrued
Investment Yield
Interest Summary
Mark To Market Facility
factoHR’s Pension Management Software For Employees’ Benefits Administration
Process members’ pension funds with the cloud-based centralized platform and help them secure their future with the time and cost-saving pension management software by factoHR.
Increased Transparency
The process of pension management in the software is transparent, which means members can view their details anytime they want, increasing their satisfaction.
Time-saving
The organized environment of factoHR’s pension management allows employers and members to save enough time to focus on productive tasks.
Reduced Infrastructural Investment
Due to the complete online process, while managing the details and investments, factoHR helps you reduce extra infrastructural costs.
An Exquisite Pension Management Solution That Streamlines Employee Funds
As a prominent leader of retirement benefit solutions, factoHR strives to help businesses manage their employee’s funds in various trusts. It offers an Employee Self Service portal and Mobile Application to simplify different schemes such as Superannuation Fund Management, GPF Management Solution, and many more.
Streamline your Pension Management with factoHR today
factoHR’s simplified and interactive pension management solution allows organizations to handle all the members’ investments online.
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