+ Human Capital Management
+ Compensation / Payroll
     Salary
     Provident Fund
     Gratuity
     Pension
     Loans / Advances
     Final Settlement
     Expense Management
     Fund Accounting
     JV / Provision
     Overtime
     Bonus
     EOBI / ESSI
     Workers' Profit Participation Fund
     Payroll Budgeting / Planning
Employee Self Service (ESS)


 

       Compensation / Payroll

Salary
This module caters to all company requirements and functions related to Payroll processing. More...

Provident Fund
This module caters to all the requirements and functions related to Employee Provident Fund. More...

Gratuity
Gratuity module helps organizations maintain the gratuity amount payable to an employee. The system has the capability to generate provision for the individual gratuity payable as well as the gratuity liability of the whole company. More...

Pension
Pension module provides the mechanism to calculate the Pension contribution and pension provisions. It provides a complete mechanism to calculate the pension contribution while employee is on job and once an employee is retired, it caters to the post retirement pension payment process to an employee and his dependents. More...

Loans / Advances
This module caters to all the requirements and functions related to Employee Loan Accounting. All loans including PF loans are handled in this module. More...

Final Settlement
Final Settlement module takes care of the dues and liabilities of an employee when he/she is leaving. This module calculates salary, notice pay, Expenses, Leave Encashment, LFA etc. It also takes care of the returnable assets given to an employee during his/her employment. More...

Expense Management
Expense module takes care of the expenses that are reimbursed to employees. The nature of expenses could be medical, travel, fuel, maintenance, entertainment etc More...

Fund Accounting
Fund accounting module provides a complete mechanism to record the general Ledger entries related to funds. Its flexible approach facilitates user-defined chart of account which can be linked with various funds. More...

JV / Provision
This module generates Journal Voucher for the financial system being used in the company. It provides a mechanism to configure user-defined cost centers and their allocation. Using this information it generates an interface file that can be uploaded to the financial system. More...

Overtime
This module takes care of the calculation and disbursement to employees with regard to overtime. Its flexible approach provides a mechanism to enter user-defined overtime formula. More...

Bonus
This module takes care of the bonus calculation and disbursement activity. It uses a flexible approach where user can define their own formula of bonus based on various factors such as individual performance and company’s performance. More...

EOBI / ESSI
Employee old-age Benefits(EOBI) and Employee Social Security(ESSI) contributions are part of this module. More...

Workers' Profit Participation Fund
This module takes care of the Workers’ profit participation fund calculation and disbursement activity. It uses a flexible approach where user can define their own formula of WPPF based on various factors such as company’s profit and different employee categories. More...

Payroll Budgeting / Planning
This module caters to all the requirements and functions related to Payroll Budgeting and Planning Exercise. All compensation elements whether cash or non-cash are handled in this module. More...

© 2007 Sofcom (Pvt.) Limited
Site Designed by www.webinnovation.net