Summer Internship Project Report

Project 1
A study on HRIS with special reference to Payroll and Off-Boarding

Submitted By:
Ruta Padhye
Roll No: 50
PGDM Batch 2021-2023

Prof. Gopa Das Mr. Rahul Patil

Faculty Mentor Company Mentor
(IMDR, Pune) (Flexisales Marketing Pvt. Ltd.)

Deccan Education Society’s

Institute of Management Development and Research, Pune
 Acknowledgement

I am using this opportunity to express my gratitude to everyone who supported me throughout the course of
the project report. I am thankful for their aspiring guidance, invaluably constructive criticism during the
project work. I am sincerely grateful to them for sharing their truthful and illuminating views on several
issues related to the project.

I express my warm thanks to Mr. Rahul Patil, HR Head for his cordial support and guidance throughout my
internship at Flexisales Marketing Pvt. Ltd. The internship opportunity I had with the company was a great
learning experience and those experiences have fostered in my professional development.

I am extremely thankful and pay my profound gratitude to my faculty mentor Prof. Gopa Das for her
exemplary guidance, monitoring, constant encouragement, and support throughout the completion of this
project.
DES’S IMDR, Pune
 DES’S IMDR, Pune
Executive Summary

A human resources information system (HRIS) is a software solution that maintains, manages, and processes
detailed employee information and human resources-related policies and procedures.

With a good human resources information system (HRIS) in place, your HR department can collect and
parse workforce data to streamline processes. By putting all relevant HR data in one location, an HRIS can
help keep your business properly organized and compliant with government regulations. When looking for
an HRIS, consider features such as automated applicant-tracking functions, payroll processing and
customizable reports for your business.

Flexisales Marketing Pvt. Ltd. installed SPINE, an HRIS is a leading software development company having
over two decades of experience in the domain of Human Resource and Fixed Asset Management. Our
products are modular and can be brought into use as per your organization’s workflow. Continuous Research
& Development ensures that we up to date with the new technology and changing demands of the market.
Services provided by SPINE Technologies are HR Payroll, Leave Management, Time and attendance,
Document management, Employee Self Service, Performance Management System, etc.

Flexisales Marketing Pvt. Ltd. decided to install an HRIS to make all the important HR operations
automated. The fundamental analysis helps the company to understand how the HRIS has helped its
employees with regards to, their leave balances, planning their leaves, applying for the leaves just at click,
and many more other features. It also helped the HR department as the payroll was fully automated. The
paperwork reduced as the documents could be uploaded on the employee’s profile.

The report deals with HRIS, Payroll management and off boarding. The research methodology for this
report is in the form of a questionnaire. I, interviewed the employees from the operations team of the
company as well as my fellow colleagues from the HR department to deduce the conclusion. This report of
fundamental analysis is done with the help of company analysis. The report would give the company an idea
about the installation process and the advantages of the HRIS to the company.
 DES’S IMDR, Pune
Table of Contents

Sr. No. Chapter Name Page No.

1 Introduction to the Summer Internship 01
2 Introduction to Company 02-05
2.1 Introduction to Company 02
2.2 Vision 02
2.2 Mission, Vision 2025 03
2.3 History of the company 03
2.4 Management Team 04
2.5 Services Offered by the Company 04-05
2.6 Clients of the Company 05
3 Objectives of the study 06
4 Research Methodology 07-10
5 Literature Review 11
6 Introduction 12-15
6.1 Fundamental Analysis 12
6.2 Introduction to the Banking Industry 13-15
7 Industry Analysis 16-22
7.1 Scope and Growth of Banking Sector: 16-18
7.2 Investments and Developments 18-19
7.3 Challenges Faced by the Industry 19
7.4 Competitors in the Private Banking Sector in India: 20
7.5 Porter’s Five Forces Model on the Banking Sector 21-22
8 Brief company profiles 23-28
8.1 ICICI Bank 23-24
8.2 Kotak Mahindra Bank 25-26
8.3 Axis Bank 27-28
9 Company Analysis 29-31
 DES’S IMDR, Pune 1

Chapter 1

Introduction to the Summer Internship

The Summer Internship was carried on as partial fulfilment of the Post-Graduation

Diploma in Management at the Institute of Management Development and Research,
Pune. The internship was for 6 months from January to July of the year 2022. The
internship was performed at Flexisales Marketing Pvt. Ltd.

The role offered in the internship was that of a Human Resource Intern. It was a work-
from-office internship. The work was to assist the local HR Team at Pune in a variety of
Operations initiatives. I was responsible for providing support in HR database building
and maintenance, data entry, record keeping, support department in carrying out revamp
of various human resources programs, policies and procedures for all employees,
auditing employee files, maintains accurate information in HRIS, support with HRMS
implementation and other administrative duties to the HR Operations and Systems
Team. I was also given a task of assisting the Payroll Executive in processing the payroll
for the Pune office for 400 employees. I also assisted in hiring for lateral and frontline
positions like Finance Manager, Research Analyst, MIS Executive, Human Resource
Business Partner, and many such roles. I was given a target according to the requirement
of the organization. I was formulating and revamping various policies that were
introduced and newly implemented in the organization. Apart from this, I also took care
of the documentation, on boarding, exit management and employee engagement of the
employees.
DES’S IMDR, Pune