factoHR
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Cloud HRMS and payroll software with attendance, leave and retirement-fund management for Indian organisations.
HRMSIndiaSource: Official website
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About factoHR
factoHR is a cloud HRMS and payroll product developed by Version Systems Pvt. Ltd., with its head office in Rajkot, Gujarat. The software covers core HR, recruitment and onboarding, attendance, leave, payroll, OKR-based performance management, learning, travel and expense, timesheets and employee self-service, and it has mobile apps for Android and iOS.
Payroll handles Indian statutory items such as TDS, PF, ESIC and professional tax, with direct bank transfers and journal postings to accounting systems such as SAP and Tally. Attendance can be recorded through selfie and GPS check-ins, geo-fencing, face recognition and more than 200 supported biometric devices. A less common part of the product manages retirement benefits, including provident fund trusts, superannuation, pension, gratuity and benevolent funds.
The product was launched around 2016, and the company reports more than 3,500 client organisations and about 2.6 million employees managed. Besides Rajkot it has offices in Navi Mumbai, Bengaluru and Hyderabad. A free plan covers up to 20 employees, and paid tiers are priced per month with per-employee charges above 50 employees.
- HRMS
- Payroll
- attendance
- freemium
- geo-fencing
- gratuity
- HRMS
- India
- leave management
- OKR
- payroll
- provident fund
- SaaS
Legal name: Version Systems Pvt. Ltd.
Products, software and services
Software
- factoHR HRMS & Payroll
Hire-to-retire HRMS with Indian statutory payroll, attendance, leave, performance and employee self-service.
Freemium
- factoHR Retirement Benefits
Modules for managing provident fund trusts, superannuation, pension, gratuity and benevolent funds.
Contact information
Offices
- Rajkot, India
Countries served
India
Compare factoHR
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