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Solutions » Provident Fund Management System

        Features
Provident Fund Management (PFM) is integrated software to keep track on the Provident Fund Investment/Details etc. It has covered practically all the modules that a company looks for in Provident Fund Management Software.
The Plexus’s Provident Fund Management System is design to automate a complete life cycle of PF transactions like detection of contribution, investments, profit calculation/ allocation to members etc.
PF is built on top of an industry strength relational database.
 pf
        Key Benefits
Flexibility to import various data elements from Excel or CSV format.
Provision of handling different types of investment transactions i.e. Capital market and Money market.
Statutory & internal limit on portfolios .
Open End, Close End, Share Debt Securities.
Built in General Ledger System.
Data portability into Excel & PDF.
Flexibility to allocate profit to members on monthly, quarterly and yearly basis.
Flexibility to disburse profit to outgoing members partially or completely.
Hold any specific amount of profit as reserve.
Comprehensive various MIS reports related with Investments, GL, member contribution & allocated Profit.
        Specifications
Ability to handle define unlimited Assets
Flexibility to maintain up to four levels chart of accounts
Oracle 10G & Forms 6i based solution
Audit trail on critical data change
User friendly dynamic menu options
Parameterization concept in various levels
Handling of all types of vouchers
Dual authorization option on critical transactions
Application and Database security controls
Flexibility to integrate with Third Party General Ledger
Rapid implementation methodology starts from Project kick-off till Go Live of PFMS

 

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Reference
Meezan Bank
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Pak Kuwait Investment Company

 

  
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