FactoHR

What is FactoHR?

FactoHR is a web-based HR and payroll management software used by organisations for tracking employees’ attendance, managing their leave applications, monitoring their performance and calculating the payrolls in an accurate manner. The software also helps in automating the entire payroll processes by offering detailed MIS and HRIS reports. It is compatible with multiple payroll compliances like DA, TA and other regulations set by the government. Moreover, with FactoHR, managers can also set goals for individual employees or groups and monitor their performance through the year, ensuring adequate appraisals.

How does FactoHR help the enterprises in monitoring the travel expenses of an individual employee?

1. Policy Check: The software goes through the amount claimed by an employee and approves the charges based on the city travelled, time plus duration of the entire trip, designation of the employee and other essential factors scheduled by the organisation.
2. Paid by company/self: Within FactoHR, employees can file in expenditures that are paid by them or were deposited from the company’s fund and develop a detailed report.
3. Bulk Proof Submission: Employees can upload e-receipts in bulk as proof of the claimed expenses in multiple file formats. Companies can approve in bulk or schedule inquiries regarding the same thus fast-forwarding the entire process.

Pricing of FactoHR

The pricing of FactoHR is available on request. Do send in a callback request in case you want to know more about the software.

Benefits of FactoHR

1. Employee Self-Service Portal: The software comes with an employee self-service portal, using which employees can record their attendance and make applications for corrections in case of miscalculations in attendance or payroll. Moreover, managers can also monitor the attendance of an individual employee and take necessary steps.
2. Geo-Fencing: Managers can map out the exact area of their office building and monitor the location of an individual employee from time to time. This way employees get to punch in their attendance the moment they enter the office premises.
3. Asset Stock Reports: Organisations can determine the current location of an individual asset along with the accurate date of purchase, assigning and expiry based on the detailed reports offered by FactoHR.