HRMantra Software Pvt. Ltd. is India-based HR & Payroll software Product Company with strong HR domain with Microsoft web technology skills. The company is 100% focussed in the development, marketing and support of the HR & Payroll software since the year 2000. The company manages the entire designing, coding, testing, deployment, support and marketing processes of its product.
The team at HRMantra has a very rich implementation experience with over 125 installations across industries like finance, software and services firms. It has spent over 500 man-years on the development of the software.
Even a vendor having less than 5 years' experience in the development of an HCM software will claim that their product automates the entire hire to retire lifecycle of an employee but the devil is in the details. Let us give you an example. In 2002, our leave structure had a simple one pager mentioning about 15 basic policies that too without any formulae builders. Slowly the list of conditions increased and formulae builders got added to handle various complexities in the leave rules of our clients.
In the previous .net version, there were 12 formulae builders and the latest 7th global multilingual version developed using Angular technologies has over 33 formulae builders enabling the creation of millions of possible conditions. Most of the best rated such products focus only on the transformational processes like recruiting, HRIS, performance & learning management ignoring the transactional issues like Assets, Projects, attendance, leave, travel & payroll which usually waste over 70% time of your employees. HRMantra has given due justice to these modules also in a big way, saving 30 precious minutes of all your employees daily allowing them to focus on your core business objectives.
Since 1999, we’ve been dedicated to automating hire-to-retire HR activities, continuously upgrading technologies, and enhancing UX. Our 6-hour online demo showcases our deep expertise and passion for addressing users’ evolving needs.
Most of the ventures are loss-making, and a majority of the founders sell their stake to VCs who typically expect to receive 10X returns within 5 years horizon whereas product companies usually become profitable after 15 years of dedication, hard work and investments of millions of US$. There are hundreds of such vendors who launch a good-looking product with a terrific marketing campaign before the product gets mature to handle complicated HR requirements. Your investment in such product may get wiped off in such uncertain markets, so just do not think of opting for any product from vendors having less than 15 years of HRMS expertise. No point in repenting later on.
What makes our opportunity apart?
Franchise prerequisites:
Support & Benefits Offered:
Operations Commenced On 1996
Franchise Commenced On 2010
Investment INR 5lakh - 10lakh
Franchise/Brand Fee INR 000
Anticipated percentage return on investment 60 %
Likely pay back period of capital for a Unit Franchise 5-6 Months
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Domestic
Floor area requirement 250 - 500 Sq.ft
Preferred location of unit franchise outlet PAN INDIA
Franchisee training location Head office
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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