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Provident Fund Management (PFM) is an integrated software to keep track on the Provident Fund Investment/Details of a company (if provided). It covers practically all the modules that a company looks for in a Provident Fund Management Software. It is designed to process and provide all information starting form recruitment till final settlement at one click. This product has been developed with extensive HR and Finance domain knowledge under consultation of experienced HR and Finance managers.
When you are opening a Provident Fund account for your employee, it is a one-time job, making contributions for them is not. You will need to remit contributions for your employees once every contribution period (generally the wage period). Selecting the month and year will process contribution automatically for all the employees of that month and you will be notified after the process is complete.
There is also an option of investing in employees by providing those loans and other benefits for extra revenue in a company. This section allows keeping track and updating about the loan being sanctioned and when the loan ends and starts. The loan can be in various reason and the employee will be tabbed in their personal information section with their updated loan status.
Investments can be created with few simple steps. Naturally its much harder to make an investment from an employee can calculate it in other places where it's needed. But our application will do everything for you. Another great feature is creating lons and returning loans. It is now much simpler than you thought.
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