| A single solution for Provident Fund trust management + Superannuation + Gratuity TRUSTe is a first-of-its-kind solution that addresses the crucial need for optimizing employee benefits and care. By addressing all the key elements in an integrated manner, TRUSTe-Provident fund trust solution creates a winwin situation for both you and your employees.
Benefits
Direct Link to Employee Master Data (Customize Option) with TRUSTe- Pf trust software
New employees in ERP system will create New Employee record in PF trust software.
Any updates in ERP Employee Master will be reflected provident fund trust sofware Employee Master.
Member s & Employer s Contribution ERP Connected with TRUSTe-Provident fund solution
Direct import of monthly contribution from ERP to provident fund software.
Also facility to import using Excel sheet or other text file
Loans in TRUSTe-PF Trust software.
Recoverableloans & permanent withdrawals are supported by pf trust software
Enables Maintainence of different kind of loans (housing,educational,...etc.), their interest percentage , mandatory document list, etc.
Automatically calculates maximum eligible loan amount and the interest thereon.
Conditional loan and sanctioan checks are available in pf trust software.
EMI report for recoverable loan
Transfer In & Out/Settlement in PF Trust management solution.
At the time of transfer in, bank/cash receipt is also processed and it can take multiple transfers from one company
Processing of transfer out/settlement system automatically calculates payable amount with interest and bank/cash payment transaction
Investment Management in TRUSTe-PF trust software.
Automatic coupon generation, redemption, early redemption options
Accrued interest and amortization facility
Cum and Ex-interest calculations available in TRUSTe- PF trust software
Security bond modules that cover all kinds of transactions like
new application for purchasing from primary market,
investment from secondary market,
selling of security bonds, and
interest receipt on security purchased
Call/Put date options
Security getting matured
Industry-wise, business house-wise, current rating, purchase rating-wise reports
YTM/YTD calculator
Accounts in Provident fund trust software
Another significant area where TRUSTe can make a difference is in the area of accounts management of the trust.
PF trust software helps you to maintain complete book of accounts
Automatic Bank reconciliation and check printing facility
Accounting transaction like bank cash payment/receipt/investment purchase/loan disbursement/journal entry/settlement/transfer in can directly performed
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