simplify payroll processing with factohr direct credit · navi mumbai - 400705, maharashtra, india...

Simplify Payroll Processing with factoHR Direct Credit

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Our Aim “ Simplifying workforce benefits through digital innovation ”

Our Vision“ Largest & Most valued workforce benefits platform from India ”

Our Mission “ Digital empowerment to every employee of emerging enterprises & revolutionary Benefit management for all Enterprises ”

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Introduction

ISO 9001:2015Certified(TUV)

Benefits domain experts since 14+ years

Solution on contemporary technology

1000+ Clientele

1 million user base

Ticketing System to support client

Monthly feedback from ourexisting clients

SOA compliant datacenters

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Our Presence

Corporate OfficeVersion Systems Pvt. Ltd.

20 – 21 Pranav Complex, Kanaiya Chowk, Raiya Road,

Rajkot - 360007, Gujarat, India.

Ph: (0281)-6190000 / 6193333 Mobile :+91 9328013196

Email: sales@versionsystems.com

Branch OfficeVersion Systems Pvt. Ltd.

2nd floor, Dwarika Complex

Raiya Chowk, 150ft Ring Road,

Rajkot - 360007, Gujarat, India.

Register OfficeVersion Systems Pvt. Ltd.

19,Balaji Towers, Sector 30A, Vashi,

Near Sanpada Railway Station,

Navi Mumbai - 400705, Maharashtra, India

Email: sales@versionsystems.com

Our Presences

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What we offer

Human Capital Management

Payroll

Onboarding

Attendance

Leave

Mobile App

Time Sheet

Expense Management

Performance Management

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Value Added Feature - Mobile App

Feature Rich Native Mobile App

Available On

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Some of Our Prestigious Client

Group

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Direct Salary Transfer with ICICI Bank

Integrate your ICICI Bank corporate account with factoHR through Connected Banking to transfer salary instantly for all employees with factoHR Payroll Solution.

No need of preparing payment instruction file to do the payout.

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Benefits of using factoHR with ICICI Bank Connected Banking Integration

Direct TransferYou can directly transfer salaries of all employees at once without documentation

Data SecurityThe end to end encryption which ensures proper security of transaction history and data on our servers

Seamless Payroll ProcessingRun Payroll with virtually zero errors and utmost accuracy without human intervention

Smart Financial ReportingYou can generate reports such as payment breakdown and reconciliation reports instantly

Centralized ProcessingProcess and Payout salaries of every location/branch centrally at the same time

Zero-Balance Current AccountsOpen ICICI current accounts with zero balance exclusively with factoHR

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Introductory Offer

§ Free Implementation and Training worth INR 26000+ taxes for ICICI Bank Customer*

§ Option upgrade plan to any point of time to take benefits of add on modules like, In depth Travel & Claim, Self On Boarding, Performance Management, Timesheet Leave and Attendance

§ All in one solution best fit for all size of businesses

§ Single solution from Hire to Retire

§ Signup Here ' https://factohr.com/factohr-icici-integration/ '

§ Use Promo Code FACTOHRICICI during signup

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How It Works

1. Create Company Profile

2. Enable Banking Integration

3. Connect ICICI Bank Account & Verify

4. Transfer Salary Directly From factoHR

5. Generate Transaction and Reconcilation Detail Report

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1 - Create Company Profile

• Log-in using the user credentials of company.

• To setup, complete 'Company Profile'.

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2 - Enable Banking Integration

• After complete 'Company Profile' then click on 'Company Bank Detail'.

• In the 'Company Bank Detail' click on 'Bank Integration Registration'.

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2 - Enable Banking Integration

• To open pop-up window 'ICICI Bank Registration'.

• Add your 'Bank Type' , 'Corporate Id' , 'Bank User Id' , 'Bank User Alias Id' and 'Debit Account No'.

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2 - Enable Banking Integration

• On clicking 'Save,' the submitted details will be visible with account status as 'Pending'.

• After registration it will redirect to ICICI Approve Account link to approve integration with factoHR system.

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3 - Connect ICICI Bank Account & Verify

• Login to your ICICI Bank corporate account.

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3 - Connect ICICI Bank Account & Verify

• Open 'Connected Banking Approvals' under 'Connected Banking' module.

• Approve the request received from factoHR platform.

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3 - Connect ICICI Bank Account & Verify

• On approving the request, click on 'Refresh Status' under 'Bank Integration' tab.

• The account status changes to 'Registered' from 'Pending'.

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4 - Transfer Salary Directly From factoHR

• After finalization of salary go to Bank Transfer and select your integrated ICICI Bank Account.

• Click on 'pay Now' to start the process.

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• The System will display Employee Code, Name, Bank Name, Amount etc.

• Click on 'Submit' to receive OTP.

4 - Transfer Salary Directly From factoHR

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4 - Transfer Salary Directly From factoHR

• Here you need to provide OTP which you have receive on your register mobile number.

• Enter the received OTP and click on 'Submit'.

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• On validation of OTP you will receive Transfer Status of all employees.

4 - Transfer Salary Directly From factoHR

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5 - Generate Transaction and Reconcilation Detail Report

• To get individual payment status you can get Unique Request Id from above report. Then unique ID needs to be provided in check payment status window to change status of individual entries.

Thank YouFor Demo

Call us : +91 782 000 3100Mail us : sales@factohr.com

Visit : www.factohr.com

To Avail Offer, Signup with code “FACTOHRICICI”https://factohr.com/factohr-icici-integration

or Scan QR code