KSFE HRMS: Features, Benefits & Login Guide

KSFE stands for Kerala State Financial Enterprise. KSFE HRMS is a software that manages performance, payroll and time tracking of employees. Know more about KSFE HRMS:

What is KSFE HRMS?

KSFE HRMS is a system software responsible for managing the employees’ activity and details. It handles the HR functions very well. It gives transparency and makes the process easier.

Features of KSFE HRMS

The features of KSFE HRMS are as follows :

1. Payroll Processing: KSFE HRMS handles the payment of employees properly. It calculates everything from employee wages and distributing payments to tax deductions. All the above operations can be done manually. However, the KSFE HRMS automates payroll processing. Because of automation accuracy increases and payment processing happens on time.

2. Performance Management: Another important feature of KSFE HRMS is the performance management system. It assesses the performance of employees. While checking the performance of employees different factors need to be considered. Performance evaluation happens by analyzing the activity of employees. Like employee feedback, rewards etc.

3. Attendance Management: Attendance management shows the no. of hours an employee is giving to the company. At this time the employee is coming and leaving the office. Also, how many breaks the employee is taking?  It's responsible for managing the leaves of the employee. How much leave the employee is taking?

4. Employee Self Service: In this feature of KSFE HRMS the employee manages their work portfolio. Whatever the work the employee is doing has to be added to the software. Employees can also make changes in their work. Also, employees can highlight the important work.

5. Compliance and Report: Rules, regulations, and employee policies are the part of company’s compliance. Every employee has to follow the rules and regulations of the company. 

Benefits

The benefits of KSFE HRMS are as follows :

Time-Saving: KSFE HRMS saves the time of the company. Removing the manual tasks and automating them. So in this way, it saves time.

Cost Effective: The company has to manage a lot of things outside the company's main goal or project. And the main thing is money management. When a company is managing the employee’s tasks manually then a lot of cost goes into it. It saves costs by automating tasks.

Data Protection: KSFE HRMS protects the data of employees. It prevents unauthorised access to employee data. To prevent the loss of data KSFE HRMS implements a security mechanism. It also protects the login credentials of employees.  So that hackers cannot log in by hacking the username and password of an employee.

Accessibility: Employees can easily access the KSFE HRMS software. It's a cloud-based software platform. They can log in from anywhere, anytime because it's a remote server hosting platform.

Productivity: Automation increases productivity. Because of this, the HR team can focus on tasks that require more attention.

Login Process

It's easy to access the KSFE HRMS portal. Just follow the given steps :

1. Visit the Official website.

2. Enter the login details username and password.

3. After that click on sign in.

4. OTP will be sent for the confirmation. Therefore enter OTP and then click on ‘Verify OTP’.

5. After OTP verification, login is successful.

Steps to Reset Password

An employee can forget the password. So to prevent any kind of login failure it provides the facility of changing passwords.

Therefore to change your password follow the following steps :

1. Visit the Official Website. 

2. Click on ‘Forgot / Unlock Password’.

4. Authenticate with a Debit or Credit card.

5. Select Debit or Credit card.

6. Enter your card details.

7. Then Click Next

8. Enter the OTP received in the Register Mobile number.

9. Set the new password.

App

An employee can access the KSFE HRMS app in just simple steps : 

• Go to the Google Play Store or Apple Play Store.
• Search KSFE Power.
• Now click on the install option.
• The KSFE Power app will open. Enter all the details there.

This is how the KSFE app can be accessed.

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Products & Services

KSFE HRMS has the following products and services :

1. Chitty: The best financial product of KSFE. It comes under the Central Chit Fund Act 1982. The risk is less which makes the general public feel safe about Chitty. 

2. Deposit Schemes: Here good interest rates are given to the customers. There are two types of deposits i.e. short-term and long-term. On different deposits, different interest rates are there.

3. Fee-Based Services: Fee-based services include express money transfer, safe deposit locker and union money transfer.

4. Securities Acceptable: KSFE provides different securities to different schemes. It provides security to deposits, property, gold etc.

5. Loans Schemes: There are different loan schemes under KSFE. Also, there are low interest rates on loans. The loans are personal loans, chit loans, gold loans, and home loans.

Conclusion

To increase productivity KSFE HRMS plays an important role. A company has to do different operations on a day-to-day basis. To be sure that everything runs fine both speed and accuracy are required. It makes sure that employees get their payment on time.  The amount of work and employee leaves also comes under this. Overall when a company wants to run more efficiently HRMS makes the task easier.