An effective Accounting Management system improves short- and long-term business performance by streamlining invoicing and bill collection, eliminating accounting errors, minimizing record-keeping redundancy, ensuring compliance with tax and accounting regulations, helping personnel to quantify budget planning, and offering flexibility and expandability to accommodate change and growth.

Provident Fund Management System (PFM) is an integrated Software to keep track on the Provident Fund. The Key features of the software are Import Option gross salary sheet, Settlement & forfeiture, Distribution of profit income, reporting- member balance, reporting-instruments & collection, Member's log in option to view own status & other required information, Member's loan.

With HR systems moving beyond infancy and into a realm that is more optimal for the vast array of different companies that utilize the systems, it is now possible to pick and choose needed features. In order to select the best features, however, it is imperative to understand what is out there. The following are features that are available with most HR systems, but companies may be able to select and utilize as many or as few features as needed.