“We believe that professionals and work forces around the world need a single point platform to run their professional lives easily, intuitively, and securely.”

TeamNest is cloud-based software that makes simple employee and organizational processes for businesses. It provides businesses with the self-signup system so that their operation can be managed easily. Unlike other solutions that offer various features, TeamNest brings all such functions under one platform, ensuring that this experience will be streamlined and cohesive.

The platform avails an intuitive user interface that is accessible both via the web and mobile applications and that makes it easy for teams to navigate and manage their everyday tasks. Being a multi-tenant, the TeamNest prioritizes data security by ensuring that each organization's information is stored in its private location, separate from others. TeamNest is trying to simplify and improve the overall employee experience by consolidating several organizational features into one product, which will help businesses operate smoothly and securely.

Key Features of TeamNest

Attendance

TeamNest provides thorough time and location tracking capabilities designed to streamline employee attendance and productivity. The system allows a business to create customized attendance policies, manage remote and physical attendance, and implement location-based punch-ins. All employee time is tracked through app and web-based punch-in functionality with powerful rule sets to prevent issues like buddy punching.

It also makes shift management easy through the creation of working hours, overtime rules, and rosters based on specific organizational needs. With real-time data integration, HR managers get detailed information on average in/out times, deficit working hours, and monthly summary attendance and leave records. TeamNest also features a Visual Attendance Heatmap that gives an eagle eye view of punch-in and punch-out trends. This data-driven approach ensures punctuality, boosts productivity, and simplifies wage calculations for businesses of any size.

Leaves

TeamNest simplifies the whole process of leave application and management with a self-service, user-friendly leave management system that allows organizations to have flexible leave policies based either on calendar year or financial year and an intuitive interface available for web and mobile for requesting and approving employee leaves. The system also supports the encashment of accumulated leaves according to company policies and ensures seamless transfer of carry-forward leaves to the new leave year, maintaining accurate opening balances.

TeamNest allows business organizations to customize leave policies according to the organization's requirements. Custom approval workflows allow configuring parallel or sequential hierarchy for approving or rejecting leave requests. With Team Leaves Planning Calendar, the HR managers and the supervisors get an overview of all the planned leaves of each team member and can help in workforce planning and the seamless operations. All these make the leave management feature quite efficient, clear, and according to company policies.

Expenses

TeamNest enhances the tracking and reimbursement processes of expenses by allowing employees to input business and travel expenses directly. They simply enter expense details on the mobile app, click photos of receipts, upload them, and the reimbursement request is made.

It also has built-in support for travel and business expenses while providing users with the ability to create custom categories that may be specific to their needs. TeamNest provides flexible and customizable approval workflows that ensure expenses are reviewed and approved according to your organization's policies.

TeamNest allows for easy tracking of all expenses, no matter whether they are small business expenses or bigger project budgets. It supports multiple approval workflows so that different types of expenses can be handled efficiently. The reimbursement process is streamlined, with higher transparency and compliance with internal financial policies.

Payroll

TeamNest streamlines payroll processing by making the payroll wizard easy to understand. As an HR manager, one can run payroll very conveniently and quickly. It has a feature to allow customizing salary structures as per organization policies and employee benefits. Its payroll processing will always be convenient whether you take attendance and leave records from TeamNest or upload them from any other system for efficient processing.

The payroll module ensures compliance with tax regulations by automatically computing statutory deductions based on employee earnings and tax-related investments. The system also supports the creation of a compliance calendar to track and manage statutory deadlines, offering an easy way to upload and download tax computations for employees.

With the customized CTC builder, an organization can define and alter the gross salary, HRA, statutory deductions, and retirement benefits. TeamNest empowers businesses to run payroll anywhere and anytime, ensuring timely and compliant payroll processing with minimal hassle.

Mahesh Jethani – CEO