By navigating our site, you agree to allow us to use cookies, in accordance with our Privacy Policy.

STFC Automates Its Manual Enterprise Need with Matrix Time-Attendance and Access Control Solutions – Case Study


STFC(Shriram Transport Finance Company), headquarter at Mumbai and poised with 700+ operational units across India deployed Matrix – centralized web based Time-Attendance and Access Control solutions with Biometric Fingerprint based door controllers for all their locations.

Business Challenge

  1. Diminishing Manual Intervention
  2. Centralized attendance of multiple locations and making timely salary was a time consuming task and subjected to manipulation and errors.
  3. Centralized Time-Attendance solution for all branches using biometric credentials from their Mumbai based HQ.
  4. Forbid unauthorized user entry at some branches. For fast salary process, company wanted to integrate Time-Attendance software with their HRMS software.

Matrix Offered Solution

In accordance to the requirements, Matrix has offered its enterprise-grade web based COSEC Time-Attendance solution with centralized attendance and leave management features. Biometric fingerprint based devices were installed in all locations to mark user’s attendance. For fast and error free salary process, Matrix has integrated COSEC Time-Attendance with their HRMS payroll software. At branches where company required access control, Matrix has installed biometric fingerprint based access control device to control people movement. This comprehensive solution automated all Time-Attendance processes right from recoding entries and exits up to processing salaries.

  1. Biometric Time-Attendance Terminal at 700+ Locations
  2. Biometric Door Controllers for Access Control
  3. Connected all Locations using Ethernet
  4. Centralized Attendance Management Software
  5. Integration with 3rd Party HRM Software

 Solution Diagram
Matrix Offered Solution


  1. Time required for salary calculation reduced by 30%.
  2. Productivity of employees increased by 15%.
  3. Increased security in sensitive locations.
  4. Error free Time-Attendance data for salary calculation.
  5. Faster decision making using informative reports.


Niloy Banerjee

A generic movie-buff, passionate and professional with print journalism, serving editorial verticals on Technical and B2B segments, crude rover and writer on business happenings, spare time playing physical and digital forms of games; a love with philosophy is perennial as trying to archive pebbles from the ocean of literature. Lastly, a connoisseur in making and eating palatable cuisines.

Related Articles

Upcoming Events