Facto HR : Proven HR Software Review

Description

factoHR is a modern, mobile-driven, plug-and-play, hire-to-retire HCM platform that enables businesses to automate their daily HR functions and delivers actionable insights to achieve business objectives faster.

factoHR is best suited for organizations of all sizes and industries. Its modules have in-depth functionality that meets any business’s requirements.

Unmatched Exclusive Features

• Geo-Fencing
• Chatbot
• Face Recognition
• Open architecture for API integration
• Mobile Apps
• Make direct salary payments through connected banking

Let’s have a look at the main modules of FactoHR:

• Recruitment
• Onboarding
• Core HR
• Attendance & Time Management
• Attendance from Mobile
• Employee Shift Management
• Time Sheet
• Leave Management
• Payroll Management
• HR Analytics
• Travel & Expense Management
• Performance Management
• Mobile App

Let’s have a look at the main modules of FactoHR in detail:

1) Recruitment Module

• Manpower requirement request
• Job posting on the company page
• Interview scheduling
• Customized offer letters

2) Onboarding

• Offer letter generation
• Pre-onboarding invitation
• Post-onboarding activities
• Create an employee from the candidate
• Alerts to the candidate on important events

3) Core HR

• Centralized employee database
• Multiple CTC structure
• Organization chart
• Letter and document management
• Workflow-based approval
• Alert on important events
• Multiple entities/companies

4) Attendance & Time Management

Attendance from Mobile

• Face recognition
• Selfie with punch
• Mobile punch with geo-fencing
• Attendance approval

Employee Shift Management

• Shift roaster / flexi shift
• Change shift request
• Multiple attendance cycles

Time Sheet

• Time tracking & productivity report with cost-revenue analysis for projects
• Task creation and assignment
• Time tracking
• Client, project and product selection
• Approval workflow
• Plan vs actual hours report
• Project cost and P&L reports
• Integration with payroll
• Integration with travel & expense management

Other Attendance & Time Solutions

• Work from home with approval
• Biometric machine integration
• Multiple time zones support
• Multiple attendance policy
• Automated canteen deductions
• Attendance regularization
• Regular late comers alerts
• Statutory compliance reports
• Absconding employee alerts
• Automated attendance arrears
• Auto absent settlement with leaves
• Cut-off for both employees and admin

5) Leave Management (Employee Absence Management)

• Comp-Off leave
• Multiple leave policies
• Pending approval alerts
• Workflow-based leave approvals
• Departmental leave management

6) Payroll Management

• Tax filing (Form24Q)
• Direct salary credit/bank integration
• JV / accounting integrations (Quickbooks, Zoho, Zero, Tally, SAP, etc)
• Time attendance integrations
• Off-cycle payslip
• Investment declaration
• Mutual funds investment integration
• Bonus /exgratia payments
• Exit process check-list, assets and due recoveries
• Increment and attendance arrears

7) E-Resignation & Clearance

• Smoother employee exit with e-resignation & clearance
• Submission of e-resignation
• Exit process checklist
• Assets and due recoveries
• Self-service portal for off-boarding
• Alert on notice completion
• Workflow bases approval
• Integration with payroll and loan
• Full & final settlement with relieving letter

8) HR Analytics

• Get insight from data with powerful analytical capability
• Custom report writer
• Attrition analysis
• Joined vs resigned analysis
• Employee mood analysis
• Employee strength analysis

9) Travel & Expense Management

• Multiple currencies and exchange rate
• Both auto and manual exchange rate update option
• Time zone wise travel plan
• Travel advance eligibility and the top-up option
• Multiple advance restriction and recovery in salary
• Auto attendance update
• City wise, grade-wise eligibility matrix
• User-defined approval workflow
• Deviation workflow
• Scrutiny of bills by admin
• CTC and Non-CTC Claim reimbursement
• Auto payment of the unclaimed amount as taxable
• Eligibility with/without GST consideration
• JV integration with ERP/accounts
• Kilometer wise DA/lodging eligibility
• Guesthouse and hotel eligibility option
• City classification and eligibility matrix
• Mileage claim / local conveyance request

10) Performance Management

• Continuous performance evaluation
• Performance linked payroll
• Goals management (OKR)
• Flexible review cycle
• Multi-level performance review
• Bell curve
• Informative dashboard

11) Employee Self Service Portal

• Mood analysis
• CEO’s speak
• HR announcement
• Birthday and anniversary greetings
• Document sharing
• Online punch
• Investment declaration (Proof Attachment)
• Payslip, Leave, Travel, Expense, PMS, Attendance, Reporting, etc.

12) Mobile App

• Punch with selfie + location
• Chatbot
• Geo-fencing
• Investment declaration & proof attachment ( as per new and old regime )
• Document sharing
• Payslip, Leave, Travel, Expense, Attendance, Reporting, etc.