Superannuation Fund Trust
Comprehensive superannuation fund solution for the fast and efficient administration of superannuation funds. Following are the detailed functionalities of our solution.
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factoHR Retirement Benefit Platform also offers below modules
Accounting
factoHR simplifies your complex accounting process using auto voucher posting, real-time and ready-to-file reporting, and integrated, centralized accounting.
Bank Receipt/Payment
Bank Reconciliation
Contra
Journal
Reports
Balance Sheet
Investment Management
Our investment management feature enables you to monitor returns on your trust’s investments by performing mark to market valuation, evaluation, and managing security.
Investment Evaluation
Mutual Fund/Equity Purchase
Interest Accrued
Investment Yield
Investment Summary
Mark To Market Facility
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LIC Fund Management
If your superannuation funds are managed by LIC, factoHR helps you easily purchase and track annuity, check interest on LIC funds, manage multiple LIC schemes, etc.
LIC Annuity Tracking
LIC Interest Upload Facility
Annuity Purchase Report
Multiple LIC Scheme
Scheme-wise Contribution Uploading
Membership Management
factoHR provides a centralized place to store and manage all your member information and perform contributions, settlement application, transfer in/out, and other member transactions.
Monthly Contribution
Settlement Application/Payment/Covering Letter
1/3, 2/3 Commutation
Member Interest Calculation
Transfer In/Out Application/Covering Letter
Member’s SA Statement
Employee Self Service
Employees can now carry out various fund-related activities such as checking SA balance, applying for settlement, updating nominee and KYC details, etc., anytime with our self-service portal.
SA Balance
SA Statement
Application For Settlement
Manage Nominee Details
Dynamic Mobile Application To Empower Your Employees
factoHR’s Superannuation Fund Trust Software Designed For Robust Workflow
factoHR offers you a superannuation fund solution that simplifies the management of superannuation funds for your business along with investment and member management modules.
Simplified Integration
Integrate factoHR’s superannuation fund solution with various modules, viz., the accounting solution or the retirement benefits solutions.
Automatic Task Management
Access easy and paperless management of your tasks to minimize wastage of paper, thereby encouraging going green.
Enhanced Productivity
As factoHR’s superannuation funds solution takes over the fund management, the HR managers can focus on more critical problems with newfound efficiency.
Frequently Asked Questions About Superannuation Fund
What is Superannuation?
How does your software provide membership management?
Does your software help in LIC fund management?
Do you provide an employee self-service portal?
Is ease of accounting a benefit your software provides?
Could we manage investment through your superannuation software?
What can factoHR’s mobile application for superannuation do?
Simplify your Superannuation Fund Management with factoHR today
Streamline your employees’ investment management and other activities with factoHR’s superannuation fund software.
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