EmpIS Provident Fund (PF)

EmpIS Provident Fund Management support contributory fund and has covered practically all the activities that an organization needs to manage PF.

Provident Fund Management Software

EmpIS Provident Fund Management is a complete solution for any organization. The EmpIS PF is designed & developed to support contributory fund and has covered practically all the activities that an organization needs to manage Provident Fund. It relieves the client organization off the burden to do laborious, time consuming period end process as it can automatically calculate the closing balance as well as the opening balance of an employee’s account, company’s account, loan account & investment account besides calculating the distributable income. It supports multi branch, multi department. It is unparallel provident fund management software in the world. EmpIS PF is now in Cloud.

Key Features of EmpIS Provident Fund Management:

  • Member Entry (Enrollment)
  • Member Opening Balances (Own contribution, Company contribution, Own balance of interest, Company balance of interest)
  • Loan, Loan recovery, Reclassification
  • Lapse & Forfeiture
  • Retirement, Resignation, Termination
  • Monthly Office wise Contribution Posting (Own and Company)
  • Final Settlement/Payment
  • Investment in FDR (New FDR, Reissue, Encashment, Interest Received)
  • Investment in Sanchaypatra (Purchase, Profit Received)
  • Profit Distribution
  • Chart of Accounts
  • Voucher/Journal entry 
  • Statement of Total PF Amount (Own contribution, Company contribution, Own balance of interest, Company balance of interest)
  • Statement of Final Settlement (Member wise, final settlement wise)
  • Detail Statement of Forfeiture A/C
  • Statement of Retired, Resigned/Dismissed Member
  • Member Ledger
  • CPF Loan Ending Balance
  • Loan Statement Details
  • Loan Amortization Schedule 
  • CPF Balance Confirmation
  • Receipt & Payment Statement
  • Bank Reconciliation Statement
  • Income and Expenditure (Profit and Loss) Account
  • Ledger
  • Trial Balance
  • Balance Sheet
  • Statement of Fixed Deposit
  • Statement of Sanchaypatra 

 

Benefits of EmpIS Provident Fund Management: 

  • Support for various scheme
  • Define Benefit / Define contribution / Hybrid
  • PF / Gratuity / Superannuation
  • Availability of integration with ERP & import facility
  • Support for different methods of  Interest calculation
  • Auto calculation of part withdrawals 
  • Complete Financial Accounting with Locking and Auditing functionality
  • Enrich MIS & support for business intelligence
  • Built on latest technologies 
  • Comprehensive information at one place
  • Workflow / rule base management
  • Easy accommodation of any changes
  • Speed up the process data insert & migration
  • Time & cost saving
  • Reduce TCO & gives the return on investment 

 

Highlights of EmpIS Provident Fund:

  • Cost effective
  • Customizable
  • Easy to learn, operate & maintain
  • Multi Company, Multi-Branch

Our Valued Clients

We developed long-term relationships with our clients

Delta Life Insurance Co. Ltd.Bangladesh Post OfficeNational Tea Co. Ltd.Aramit GroupMeghna Life Insurance Co. LtdEnergypac Power Generation LtdShah Cement Industries LtdSunlife Insurance Co. Ltd.GDS ChemicalSunflower Life Insurance Co. Ltd.Elevate Global LimitedWalton Hi-Tech Industries PLC