STHIRA IT SOLUTIONS PRIVATE LIMITED

In their own words

We are proud to introduce our flagship product SFACTS – Fund Based Accounting and HCM Solution. 'SFACTS' has been successfully implemented the solution at Autonomous and Central Universities across India. Most suited for Institutions which are operated on Grants from Ministry or from Research Funding Agencies and to track the utilization of Fund. It is a web browser based application, conceptualized and developed by Sthira’s software consulting professionals having 30 + years of collective experience in various domain / technology. 'SFACTS' is designed keeping in mind not only the global standards of business processes, but also the specific needs of Grant Accounting and reporting requirements as per the guidelines of GFR & ICAI; 'SFACTS' is a Proprietary application designed to meet the restricted and unrestricted grant accounting and payroll requirements; SFACTS helps institutions in - Timely reporting of Financials (Plan, Non-Plan & Extramural Research Grants) – Income & Expenditure, Balance Sheet, Depreciation Schedule etc - Generate real time Utilization Certificate, Statement of Expenditure; - 7th CPC ready - Automated Leave and Tax Engine with online approval of Requests - Employee access to Payslip, Tax Declaration, Tax Report, Leave, Loan etc., - Connects the users of the Institutions through a Single Platform – Project Investigators, Stores & Purchase, Finance & Accounts, Projects Section - GFR Compliant Tangible benefits of this implementation of SFACTS are: - Optimize the use of manpower resources with Standard Operating Procedures - Standardization of Operations; - Fewer resources to manage large administrative & financial operations – Reduced Cost of Operations; - Real time and accurate data for analysis and decision making – Quicker Decision Making; - Better usage of additional staff by deployment in other Departments / Sections – Optimum usage of Resources; - GFR compliance through eGovernance Initiative – Technological Adoption; - Timely generation of financial records of institutions – Faster compilation of Reporting to Ministry and its departments; - Automation will reduce error – Better and More reliable data for Reporting;

Written by the company on its public Startup India profile. Not verified by us.