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Simplify Payroll Processing with factoHR Direct Credit

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Page 1: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

Simplify Payroll Processing with factoHR Direct Credit

Page 2: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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 ”

Page 3: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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

Page 4: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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: [email protected]

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: [email protected]

Our Presences

Page 5: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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What we offer

Human Capital Management

Payroll

Onboarding

Attendance

Leave

Mobile App

Time Sheet

Expense Management

Performance Management

Page 6: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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Value Added Feature - Mobile App

Feature Rich Native Mobile App

Available On

Page 7: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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Some of Our Prestigious Client

Group

Page 8: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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.

Page 9: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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

Page 10: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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

Page 11: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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

Page 12: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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1 - Create Company Profile

• Log-in using the user credentials of company.

• To setup, complete 'Company Profile'.

Page 13: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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'.

Page 14: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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'.

Page 15: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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.

Page 16: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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3 - Connect ICICI Bank Account & Verify

• Login to your ICICI Bank corporate account.

Page 17: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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.

Page 18: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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'.

Page 19: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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.

Page 20: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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

Page 21: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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'.

Page 22: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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

4 - Transfer Salary Directly From factoHR

Page 23: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

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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.

Page 24: Simplify Payroll Processing with factoHR Direct Credit · Navi Mumbai - 400705, Maharashtra, India Email: sales@versionsystems.com Our Presences. 5 What we offer Human Capital Management

Thank YouFor Demo

Call us : +91 782 000 3100Mail us : [email protected]

Visit : www.factohr.com

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

or Scan QR code