simplify workforce benefits€¦ · helping clients to buy best investments from markets assisting...

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Provident Fund + Gratuity + Benevolent Fund + Superannuation + Managed Services + Invest Plug Simplify Workforce Benefits Statutory Compliance Employee Management ESS & Mobile App Business Intelligence MIS Investment Management Financials & Accounting Mobile APP is now available on Retirement Benefit Platform TM Enterprise SaaS Outsourcing Our Offerings Retirement Benefit Platform TM E-mail : [email protected] | www.factohr.com Call Us : +91 93280 13196 | +91 281 6190012

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Page 1: Simplify Workforce Benefits€¦ · Helping clients to buy best investments from markets Assisting for Audits and providing Audit Services with help on board Auditor Providing Actuarial

Provident Fund + Gratuity + Benevolent Fund +Superannuation + Managed Services + Invest Plug

Simplify Workforce Benefits

StatutoryCompliance

EmployeeManagement

ESS & MobileApp

BusinessIntelligence MIS

InvestmentManagement

Financials &Accounting

Mobile APP is now available on Retirement Benefit Platform

TM

EnterpriseSaaSOutsourcing

Our OfferingsRetirement Benefit Platform

TM

E-mail : [email protected] | www.factohr.com Call Us : +91 93280 13196 | +91 281 6190012

Page 2: Simplify Workforce Benefits€¦ · Helping clients to buy best investments from markets Assisting for Audits and providing Audit Services with help on board Auditor Providing Actuarial

E-mail : [email protected] | www.factohr.com Call Us : +91 93280 13196 | +91 281 6190012

Encrypted Database forbetter Data Security

$ Transparency, Accuracy & Consistencyto increase process e�ciency

Strong Statutory ComplianceError free process & no hidden costsemployee satisfaction

Improve Operation E�ciency$ Reduce cost and risk

Get technological advantage withworkflow based Mobile App

$ Leverage domain expertise

Focus on Core ActivitiesPeace of mind

BenefitsOf selecting Version Systems as business partner

Providing Employee Self Service Portalfor Balance/Withdrawal/Claim etc.

Helping clients to buy best investmentsfrom markets

Assisting for Audits and providing AuditServices with help on board Auditor

Providing Actuarial valuation with helpof Actuary on Board

Providing platform for Managing andIncreasing Asset

Platform for Liability Management

Platform for Gratuity, Superannuation,Pension and Benevolent Funds

Drafting Various Trust deed and help inTaking Exemption from competentauthorities

Liasioning with PF o�ce, handlinginspections, compliance and audits

Our Offerings

Why Version Systems?A right combination of People, Process, Technology

Process

People Technology

Best-in-class policies andprocesses to ensure

customer satisfaction

Robust technologyplatform that is highlyconfigurable & scalable

for all business sizes

In-depth domain expertisewith proven track record

across India

Page 3: Simplify Workforce Benefits€¦ · Helping clients to buy best investments from markets Assisting for Audits and providing Audit Services with help on board Auditor Providing Actuarial

E-mail : [email protected] | www.factohr.com Call Us : +91 93280 13196 | +91 281 6190012

Easy asset & liability managementwith e�ective reporting tools

Provident Fund

» Accounting» Reports» Investment Management» Loans & Withdrawals» Role / Rights» Reminders» Statutory Compliance» Bonus Interest Calculation» Member Interest Calculation» Membership Management» Import Bulk Transactions

Manage superannuation trusteasily and e�ciently

Superannuation

» Accounting» Reports» Investment Management» 1/3, 2/3 Commutation» LIC Annuity Tracking» LIC Interest Upload Facility» Annuity Purchase Report» Role / Rights» Reminders» Import Bulk Transactions

Replace excel and calculate complexgratuity quickly and accurately

Gratuity

» Data for Actuary Valuation» Custom Formula for Gratuity Payment» Accounting» Reports» Investment Management» Gratuity, Company & IT Act» Import Bulk Transactions

Easy pension management withe�ective reporting tools

Benevolent Fund

» Contribution Upload

» PRMAS Scheme

» DBS Scheme

» Scheme wise Claim

Tracking

» Investment Management

» Scheme wise Balance

Sheet

» Scheme wise Revenue

Account

FOU

ND

AT

ION

Accounting

Complete your audit wellbefore time

» Bank Receipt/Payment» Bank Reconciliation» Contra» Journal» Ledger report» Voucher report» Trial balance» Revenue account» Balance sheet» Cashflow

MembersManage trust members easily and

perform transactions quickly

» Monthly Contribution» Loan Application/ Payment/Adhoc recovery» Settlement Application/ Payment/Covering Letter» Transfer In Application/ Receipt/Covering Letter» Transfer Out Application/ Payment/Ann-K/Covering Letter» International Worker check points» Member’s PF Statement

InvestmentManage investment e�ectivelyand increase yield of your fund

» Investment Evaluation/ Purchase» Mutual Fund/Equity Purchase» Interest Accrued» Investment Yield» Interest Summary» Investment Amortization» Investment Register» Investment Summary» Mutual Fund/Equity Management» Mark to Market facility

Statutory

Remain compliant with RPFCor IT and eliminate penalty

» ECR file generation» Monthly e-Return» KYCECR file preparation» Form 11 Generation» Form 4/5 PS» Appendix B» Statement-IW» Form 2 Rev» Form 10C/10D» Break In Service» Form 13 Rev

TR

AN

SAC

TIO

NS &

RE

PO

RTS

Unique FeaturesGet complete analytics of

retirement benefits

» RTGS/NEFT letter» PF & EPS No. Generation» e-TDS Return» Month/Year Locking facility» Investment Intelligence Report (BI Report)» Interest Yield Report» Annual Slip sending through e-Mail» Interest Liability Report» Taxable Interest Report» Audit Trail» User define letter Generation

Invest PlugEvaluate investment options withtransparency and secure bidding

» Increase Transparency» Auto suggest L1» Fast Decision making» Improve ROI with best deals» Workflow based approval» Integration with Investment module» PKI based encryption» Developed as per CVC guideline» STQC compliant

Employee SelfService

Empower employee withdirect access to information

» PF Balance

» PF Statement

» Loan Eligibility &

Application

» Settlement Application

» Nomination Updation

» UAN KYC

» Prefilled Form 10C

» Prefilled Form 10D

» Prefilled Form 2 (R)

» Loan & Transfer In History

Mobile ApplicationProvides flexibility to accessinformation from any where,

any time through single touch

» PF Balance

» PF Statement

» Superannuation Balance

» Superannuation

Statement

» Unexempted PF Balance

/Check EPFO Balance

» Gratuity Calculator

» Loan Eligibility &

Application

VA

LUE

AD

DE

D F

EA

TU

RE

S

Page 4: Simplify Workforce Benefits€¦ · Helping clients to buy best investments from markets Assisting for Audits and providing Audit Services with help on board Auditor Providing Actuarial

All brand names and registered trademarks acknowledged.

Contact UsMo. : +91 93280 13196 | Ph: +91 281-6190012 | Email : [email protected]

www.versionsystems.com | www.factohr.com

We provide compliance at Mumbai, Chennai,Bangalore, Hyderabad, Kolkata & NCR

Customers Testimonials

Strong Brand

ISO 9001:2008Certified(BVQI)

HR DomainExpertise since

11 years

Solution oncontemporary technology

Available ClientSupport Team

Consulting many corporates

150 +Corporates

Database ofEmployees

10,00,000 lac+ head counts

1 millionUser base

TicketingSystem to

support client

Monthlyfeedback fromour existing

clients

SOA compliant datacenters

$

12,000 Cr ofTrust fundsmaintained

“ We implemented FACTOHR Retirement Benefitssolution in just 3-weeks and integrated with SAP,their after sales support is excellent and productis worth investing. ”

Brakes India Ltd.(TVS Group)

“ Outsourcing Payroll and Retirement Benefits toVersion Systems was an excellent move for us.We have eliminated need for inhouse expertiseand made a huge di�erence on monthlyworkload and cost. ”

Bombay Stock ExchangeLtd.

“ Version Systems provides excellent post salessupport for all retiral trusts. Under their guidancewe are able to complete audit well before time. ”

Titan Industries Ltd.(A TATA Enterprise)

“ After evaluating many vendors, we selectedversion systems as our retirement benefitoutsourcing partner. They are domain expertsin this area, with detail knowledge in compliance,liasioning and trust accounting. We stronglyrecommended all future prospectors clientto opt for their service. ”

SKF India Ltd.