Enterprise software for automating and managing Provident Fund (PF) trust operations, ensuring compliance, transparency, and efficiency.
Vendor
Andolasoft
Company Website




PF Trust Management Software is an enterprise solution designed to automate and streamline the management of employee Provident Fund (PF) trusts. It handles member accounts, contributions, withdrawals, investment tracking, and compliance reporting. The software is built for organizations managing in-house PF trusts, reducing manual errors, ensuring statutory compliance, and providing real-time insights for all stakeholders, including HR teams, trustees, and employees. It integrates with HR and payroll systems and offers secure, remote access through web and mobile interfaces, supporting both customization and scalability for varied organizational needs.
Key Features
Automated PF Administration Automates the management of PF contributions, withdrawals, and member accounts.
- Reduces manual data entry and errors
- Saves administrative time
Compliance Management Ensures adherence to changing statutory regulations with automated updates.
- Generates statutory reports
- Keeps organizations audit-ready
Self-Service Portals Provides employees and trustees with secure, on-demand access to PF balances and transactions.
- Improves transparency
- Empowers users to track their own benefits
Integration Capabilities Seamlessly connects with HR and payroll systems for consistent data flow.
- Minimizes duplication of work
- Ensures data accuracy
Security & Access Control Implements robust security measures to protect sensitive financial data.
- User authentication and access management
- Data encryption and audit trails
Customizable & Scalable Adapts to unique organizational workflows and scales as needs grow.
- Customizable modules
- Supports organizations of varying sizes
Benefits
Efficiency & Error Reduction Automates routine tasks and reduces the risk of human error.
- Frees up HR and finance resources
- Improves accuracy of PF management
Regulatory Compliance Keeps organizations compliant with evolving legal requirements.
- Reduces compliance risk
- Simplifies statutory reporting
Transparency & Employee Satisfaction Enhances trust and satisfaction by providing clear, real-time information.
- Builds employee confidence in benefit management
- Reduces queries and support requests
Cost Savings Streamlines operations and reduces overhead associated with manual processes.
- Lowers administrative costs
- Enables focus on strategic HR initiatives