Matrix Time-Attendance for BFSI

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Presentation transcript:

Matrix Time-Attendance for BFSI Right People in Right Place at Right Time

BFSI Challenges

WHY VAM in Corporates? Challenges 1 4 2 3 Centralized Attendance Management of Multiple Locations Time Spent on Trivial Tasks like Attendance Correction, etc. Attendance of Field Employees 4 2 Inaccurate and Late Payroll 3

WHY VAM in Corporates? Time-Attendance as a Solution Advantages Benefits Automated, Fool-proof Attendance Capturing Increase in Productivity and Minimize Overpayments Flexible Time-Attendance Policies, Shifts, Overtime Policies Meets Disparate Needs of Different Functions, Locations, and Individuals Web based Access Saves time, Better Planning of Employees Reports and Charts Easy Interpretation and Decision Making SMS and Email Notifications Faster Response to Exceptional Situations Integration with Third Party Payroll Smooth and Timely Salary Payments

Centralized Attendance Management of Multiple Locations

WHY VAM in Corporates? Solution Offered Centralized Data Monitoring Web Based Management Flexible Time-Attendance Policies Error-free Attendance Data Reports and Charts Generation Holidays and Restricted Holidays Leave Management

WHY VAM in Corporates? Centralized Data Monitoring What How Benefits Monitoring of attendance data of multi-locations Real-time monitoring of employee attendance data captured from multiple branches at a central location using web based software Benefits Application Reduce time in events download from various locations Quick Action on exceptions Increase in productivity Ease in managing complex and large number of attendance data Banks and financial institutes having multiple branches

Centralized Monitoring and Control WHY VAM in Corporates?

WHY VAM in Corporates? Web based Management What How Benefits Attendance management using web from anywhere Connect all devices to the central server using WAN Automatic data push from devices to central server Benefits Application Reduce manual interventions and error Increases productivity Organizations with multiple branches

WHY VAM in Corporates? Flexible Time-Attendance Policies What How Comprehensive and flexible time-attendance policies, absenteeism, overtime, compensatory off, late-in/early-out policies Facilitates the institutions to meet disparate needs of different branches, functions, departments, and individuals offering flexibility in configuring complex time-attendance policies Benefits Application Uniform compliance Meets diverse needs of organizations with multi-level hierarchies Institutes with higher level of hierarchies Large organization having multiple branches

WHY VAM in Corporates? Error-free Attendance Data What How Benefits Managing error-free attendance data for salary processing Offers accurate and automatic attendance data for quick and smooth salary processing Benefits Application Quick and accurate salary processing Increase employee morale Organizations with late and inaccurate salary payment issues

WHY VAM in Corporates? Reports and Charts Generation What How Benefits Generation of various time- attendance reports and charts wiz. branch wise, department wise, etc. Allows creating 150+ various time-attendance and leave related reports and colorful charts using various filters and formats. Benefits Application Renders easy interpretation Helps in decision making Banks, financial institutes

Vehicle Profile Reports and Charts Generation Generate up to 150+ Reports and Charts MS-Excel MS-Excel Data PDF Time - Attendance Reports Leave Management Reports XML Rich Text Format Time - Attendance Charts Daily, Monthly, Yearly RTP MS-Word MS-Word Editable

WHY VAM in Corporates? Holidays and Restricted Holidays What How Various holidays and holiday schedules for multiple branches Allows creating 30 holiday schedule groups with 32 holidays in each group Benefits Application Increases employee morale Ease in configuring multiple holiday schedules for branches located at various geographies Organizations with multi-cultured employees Organizations having branches at varied locations

WHY VAM in Corporates? Leave Management What How Benefits Application Manages leave by offering comprehensive leave policies Offers flexible options to create various leave types with parameters viz. balance check enable/disable, paid/unpaid leave, lay off, accumulation, etc. Benefits Application Reduction in errors caused in salary processing due to unorganized leave data Increase in morale due to transparency Organizations with varied leave policies

Attendance of Field Employees 2 Attendance of Field Employees

WHY VAM in Corporates? Solution Offered Attendance Tracking through GPS Attendance on Move Time-Attendance on Mobile

WHY VAM in Corporates? Attendance Tracking through GPS What How Tracking of field employees and their attendance data using GPS Offers field employee to mark attendance from field, which can be verified by his reporting manager tracking his location through GPS signals received, along with punch details Benefits Application Increase in employee productivity Reduction in loss of time wastage by field employees Organizations having field force, viz. insurance agents, sales personnel, etc.

WHY VAM in Corporates? Attendance on Move What How Benefits Automatic attendance marking of employees using mobile Facilitates automatic attendance marking on entering/exiting a predefined area using smartphone through GPS/Wi-Fi Benefits Application Less time spent after trivial tasks such as attendance corrections Improves employee morale Organizations with field staff Organizations facing issue of missed punches Organization with HR dept. facing numerous attendance correction requests

Attendance on Move WHY VAM in Corporates?

WHY VAM in Corporates? Time-Attendance on Mobile What How Benefits View attendance, shift, leave details Apply leave/tour/attendance correction through mobile application Facilitates employees to view their attendance details through mobile application Employees can apply leave/tour that can be approved by his reporting manager through mobile portal Benefits Application Avoid lengthy procedures of applying tour/leave Ease at monitoring individual’s attendance Organizations with field force

Time-Attendance on Mobile WHY VAM in Corporates?

Inaccurate and Late Payroll

WHY VAM in Corporates? Integration with ERP/Tally/Payroll Software What How Integration of time-attendance application with ERP/Tally/Payroll software Offers smooth integration with third party payroll software for timely salary computation Benefits Application Accurate and quick salary payments Increase in employee morale Organizations with inaccurate and late salary payment issues

Integration with ERP/Tally/Payroll Software WHY VAM in Corporates?

Time Spent on Trivial Tasks like Attendance Correction, etc. 4 Time Spent on Trivial Tasks like Attendance Correction, etc.

WHY VAM in Corporates? Solution Offered Employee Self Service Portal (for Employees) Employee Self Service Portal (for Reporting Managers) SMS and Email Notifications

WHY VAM in Corporates? Employee Self Service Portal (for Employees) What How Portal for applying leave, tour, attendance correction; marking attendance; viewing attendance, leave, shift details. Offers employees to mark attendance, apply leave-tour-attendance correction from anywhere, to view attendance, leave, shift details. Benefits Application Avoids time-consuming paperwork and follow-ups Increase in transparency and trust among employees Increase in employee morale Institutes having numerous employees Organizations having field force, viz. insurance agents, sales personnel, etc.

WHY VAM in Corporates? What How Benefits Application Employee Self Service Portal (for Reporting Managers) WHY VAM in Corporates? What How Portal for approving/rejecting leave, tour, attendance correction; authorizing attendance; viewing team’s attendance, leave, shift details. Offers reporting managers to authorize attendance, approve/reject leave-tour-attendance correction from anywhere, to view team’s attendance, leave, shift details. Benefits Application Decrease in conflicts among reporting managers and their employees Increase in employee morale Smooth attendance management Institutes having numerous employees Organizations having field force, viz. insurance agents, sales personnel, etc.

WHY VAM in Corporates? SMS and Email Notifications What How Benefits Alerts for various events viz. leave-tour-attendance correction application/approval/rejection, missing in/out punch, user entry/exit, daily-monthly attendance, etc. Sends SMS and Email notifications to employees and reporting managers for various time-attendance, leave, shift related events Benefits Application Immediate response to exceptional situations Increase in employee morale and productivity Institutes having numerous employees in-house and on field

Notifications Email SMS Real-time notifications on exceptional situations Notifications SMS and Email notifications Missing Punch Custom alerts on pre-defined contact number or Email Id Shift Change Daily/Monthly Attendance Email Leave Application/Approval Tour Application/Approval SMS Centralized Server Attendance Correction Application/Approval … and more

Time-Attendance: Process

BFSI Customer List

WHY VAM in Corporates? BFSI Customer List Gruh Finance Ltd Money Matters Securities Pvt. Ltd. Reserve Bank of India MF Global Shriram Transport Finance Co. Ltd. State Bank of India NBQ Bank (UAE) Surat Peoples Co-operative Bank Mahindra & Mahindra Financial Services Ltd. Islamic Development Bank (Iraq) Vijaya Bank India Nivesh Surat Co-operative Bank … and more

Case Reference

Shriram Transport Finance Company Ltd. Applications: Time-Attendance for BFSI Segment Solutions Offered: Seamless Integration between COSEC and Shriram HRMS and payroll applications Single COSEC platform and user enrolment for time-attendance Smooth Attendance data capturing through Biometric devices Attendance data management of multiple branches from a single location MIS reports for faster & better decisions Technology: Fingerprint Matrix Offering: Devices: 1000+ Users: 24,000+ Location: Across India Benefits: Online and error-free and time-attendance data Salary calculation time reduced by 25% Significant increase in employees’ productivity

Solution Diagram

Matrix Hardware

Door Controllers DOOR Series PATH Series VEGA Series NGT Series

Matrix Software

Software Time -Attendance Access Control Visitor Management Cafeteria Job Processing and Costing Employee Self - Service Roster Management Vehicle Access Management Contract Workers Management

Vehicle Profile For Further Information - Email More@MatrixComSec.com Contact No +91 265 2630555 Website www.MatrixSecuSol.com Address 394-GIDC Makarpura, Vadodara-390010, Gujarat, India