Retirement Benefit Solution

All in one solution for Provident Fund, Superannuation & Gratuity trust that combines investment management

factoHR retirement benefits

FactoHR’s Retirement Solution is a one-stop solution which will be helpful in PF (Provident Fund) Trust Management, superannuation & gratuity trust. With our employees provident fund software, you will be able to address the crucial need for optimizing employees benefits and care in all manner.

E-verify Integration

Developers can inspect layers & copywriters edit copy, but they can’t change your design.

Paperless Task Management

HR can manage all the digitally stored documents of employees in the software and can also provide accessibility option for security purposes.

Increasing HR Productivity

This software saves HR’s time by automating most of the on-boarding task which can be utilized in doing more productive tasks.

Membership management

With help of our FactoHR Retirement benefit software, manage trust members easily and perform transactions quickly.

  • Monthly contribution
  • Loan application / payment / adhoc recovery
  • Settlement application / covering letter
  • Transfer in out application / receipt
  • International worker check points
  • Member's PF statement

Investment management

Manage Investment effectively and increase yield of your fund with the help of our investment module.

  • Investment evaluation
  • Mutual fund / equity purchase
  • Interest accrued
  • Investment yield
  • Investment summary
  • Mark to market facility

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Ease of accounting

With help of our FactoHR Retirement benefit software, manage trust members easily and perform transactions quickly.

  • Bank receipt
  • Bank reconciliation
  • Contra
  • Reports
  • Trial balance
  • Balance sheet

Statutory compliance

Manage Investment effectively and increase yield of your fund with the help of our investment module.

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

User activity control

With help of our FactoHR Retirement benefit software, manage trust members easily and perform transactions quickly.

  • Audit trail
  • Role / rights
  • Maker / checker and approver facility
  • Month / year locking facility

Employee self service portal

Manage Investment effectively and increase yield of your fund with the help of our investment module.

  • PF balance
  • PF statement
  • Loan eligibility & application
  • Settlement application
  • Nomination updation

Other unique features

RTGS / NEFT letter

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

e-TDS return

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Annual slip sending

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Taxable interest report

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

SMS / Email

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Import bulk transactions

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Claim tracker

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

System integration tool

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Chatbot

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Dashboard

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

BI report

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

Interest liability report

RTGS/NEFT letter is the request document required to be submitted to bank for making online payments.

FAQs About Retirement Benefit Software

What is the Retirement Benefits Software?
How does this solution manage investments?
Does your software provide accounting features?
Can I get a mobile application for the same?
Is the employee self-service portal user-friendly and easy-to-use?

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