 | System Introduction:
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.
Key Benefits:
- Flexibility to import various data elements from Excel or CSV format
- Provision of handling different type investment transaction i.e. Capital market, Money market
- Statutory & internal limit on portfolio
- Open End, Close End, Share & Debt Securities
- Integrated with General Ledger
- Data Portability into Excel & PDF
- Flexibility to allocate profit to members on Monthly, Quarterly and Yearly basis
- Flexibility to disburse profit to outgoing members to 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 main up to four levels chart of accounts
- Oracle 10G & Forms 6i based solution
- Audit trail on critical data change
- User friendly dynamic menu options with different type privileges
- Used parameterization concept in various level
- Handling of all types of vouchers
- Dual authorization option on critical transactions
- Application and Database security controls
- Flexibility to integrate with 3rd Party GL
- Rapid implementation methodology start from Project kick-off till Go Live of PFMS
Product Reference  | Meezan Bank | | Meezan bank limited is Pakistan’s largest Islamic Bank with a network of 201 branches in 54 cities. Meezan bank automates its employee provident fund with plexus Provident Fund Management Software…….. To download PF Case History click here..... | | | |  | Pak Kuwait Investment Company | | | Pakistan Kuwait Investment Company (Private) Limited (PKIC) is Pakistan’s leading Development Financial Institution (DFI) engaged in investment and development banking activities in Pakistan. Plexus is in the the process of implementing the PF solution their | |
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