The evolution of business and the shift toward digitalization has given companies HRMS cloud-based AI-powered HR management tools. These tools allow the company management teams to efficiently handle their HR-related operations.
In case you are living in Kerala and have a savings account at KSFE’s Chit system, The KSFE HRMS portal can allow you to manage chitty funds, track contributions, and know real-time updates online. You will also get payroll automation and shift management and make financial services easier for the employees and customers.
KSFE is a financial company in Kerala that offers high-end technology services and products. Their main objective is to support the Kerala government and help underprivileged communities access financial services. Also, KSFE has taken various social responsibility initiatives such as educational support for students of Kerala.
What is KSFE HRMS?
KSFE is a financial company owned by the government. Its full form is Kerala State Financial Enterprises which was initiated in 1969. The company offers various financial services such as home loans, vehicle loans, chitty schemes, etc. It’s a completely state-owned body in Kerala and helps citizens to meet their financial needs.
KSFE acts as an alternative to private chit organizers and offers safer and more reliable options to customers.
Features of KSFE HRMS
The key features of KSFE HRMS are:
- Payroll processing: KSFE HRMS is responsible for handling the employee’s salaries and wages efficiently. It manages everything efficiently from salary distribution to deductions. KSFE HRMS offers automated payroll processing which further increases accuracy and punctuality.
- Performance Management: The performance management feature of KSFE HRMS enables the company to assess employees’ performance on various factors. It analyzes the activity of employees and makes their performance reports accordingly.
- Attendance Management: Attendance management depicts the number of hours an employee is working in the company. This time is recorded from the moment an employee enters the company to the moment he leaves per day. Also, it tracks the break time the employee is using. HRMS is also responsible for managing the leaves.
- Employee self-service: KSFE HRMS enables employees to manage their work portfolios. The employee adds all the work he is doing on the software and can make changes if necessary. It allows employees to handle important tasks.
- Compliance and Report: Company compliance includes the rules and regulations of the company that every employee has to follow. The HRMS takes care of the employees who are working as per company policy.
Services offered by KSFE HRMS
The services offered by KSFE HRMS are:
- Employee insurance: HRMS manages the employee insurance plans and provides coverage and benefits to whoever is required.
- Custody management: The software helps in tracking the custody access of the employees for the company assets such as equipment, documents, etc.
- Advance salary: HRMs allow the employees to request for advance salary and use the amount before their actual salary day.
- Employee shift management: The software also manages the employee’s schedules on different shifts and ensures the smooth functioning of the company.
- Employee background check: KSFE HRMS allows the company to check the employee’s background and criminal record before hiring them. It also depicts the working experience of the employee.
KSFE HRMS Login Process
If you wish to log in to your KSFE HRMS portal, you must follow the steps below:
- Go to the official website of KSFE HRMS at – “https://hrms.ksfe.com/hrapps/login”
- Input your username and password in the space provided.
- Press the “Sign in” button.
- You will get an OTP on your mobile number, enter this OTP in the space provided correctly.
- Press “Verify OTP”.
- You are now logged in to your KSFE HRMS account.
How to reset the KSFE HRMS Password?
If you have lost or forgotten your password for the HRMS login, you can easily reset it by following the simple steps mentioned below:
- Go to the official website for KSFE HRMS at https://hrms.ksfe.com/hrapps/login.
- Here, click on “Forgot Password”.
- You will see an option for “new Password”. Click it.
- Create your new password by following the instructions given on the screen.
How to Access the KSFE HRMS App?
If you have a smartphone or iPhone, you can easily download and use the KSFE HRMS app by following the steps below:
- Use Google Play Store or Apple Play Store to download the KSFE HRMS app “KSFE Power” on your mobile phone. You can also use the link “https://play.google.com/store/apps/details?id=com.ksfeapp&hl=en_IN”.
- Install the app on your mobile device.
- Enter all the required details.
- Check your mobile phone for OTP and enter it in the space provided.
- KSFE Power is now open for you to use. You can use all the features available on the app using your mobile device easily.
Benefits of the KSFE Power App
KSFE power app offers various amazing benefits as mentioned below:
- Chitty Monthly Remittance
- Proxy submission
- Chitty passbook Download
- Chitt Auction Results update
Challenges with KSFE HRMS
Some of the challenges that the HRMS KSFE users face are:
- Login issues: Make sure you are entering the correct username and password, otherwise, your HRMS KSFE login will be rejected. Also, you must take care the Caps lock is off while typing your password and username.
- Data Accuracy: You might find duplicate or conflicting information in HRMS. Many times former employees are marked as active on HRMS KSFE. The main reasons behind these issues are input errors, self-service access, etc. You must always update your data and keep everything clear in HRMS to ensure these mistakes are not happening.
- Cybersecurity: HRMS handling requires a robust IT team and if the company lacks it, it can lead to data breaches. Make sure to encrypt the sensitive data and conduct regular security checks to avoid such complications.
KSFE HRMS Contact Details
In case of any query, you can reach out to the Kerala State Finance Enterprise at their office number – 0487-2337711
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Conclusion
KSFE HRMS and mobile applications are very useful tools for employees and customers to manage their operations. The system allows performance management, payroll automation, and many other facilities to ensure the smooth functioning of the organization. It offers transparency among the company, employees, and customers. The KSFE Power app offers monthly remittance tracking, proxy submission, and many other benefits to the users.
FAQ’s
What is the meaning of “sala” in chitty?
Ans. “Sala Means” Sum of all subscriptions paid by the users for any chit installment without any deductions. It is usually called “Chit Amount”.
What does Proxy mean?
Ans. Proxy in chits enables the users to subscribe to bid in action while not physically present. The HRMS provides a video guide teacher to teach the user how to add or manage proxies.
Explain 3 ways of proxies.
Ans. The 3 ways of proxies include transparent, anonymous, and elite. They all have different features and safety concerns.
What to do if I lose my KSFE HRMS login password?
Ans. No need to worry, you can easily reset the password from the official website of the KSFE HRMS.
How can I talk to customer service on KSFE HRMS?
Ans. You can directly call the office number – 0487-2337711 and get instant resolution of your issues.