INTRODUCTION OF OUR HR & PAYROLL ENTERPRISE SOLUTIONS

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Introduction INTRODUCTION OF OUR HR & PAYROLL ENTERPRISE SOLUTIONS We write to introduce our Company APPMART INTEGRATED LIMITED, our Products Offerings and wish to express our interest to partner with your company in deploying a robust and authentic staff database, automated payroll system and an effective human resource, Pension management and expenditure software for your numerous customers. Our target market ranges from SME, large corporates, Governments institutions, companies with staff strength from 10 to any number. Our unique Payroll, resource, pension and expenditure solution VeriPay is a web-based applications, fully integrated with biometric technology, time attendance, staff clock-in management, pension and expenditure module etc. This solution is currently used to manage biometrics, HR, Payroll and pension for so many institutions including but not limited to Ebonyi State civil service/secondary teachers, and Ebonyi Local Governments, Ebonyi Local Government Education Authorities and Local Govt. Pensioners and others. It has also been deployed in Anambra State civil service, Anambra Local Govt. system, Anambra State Basic Education Board and Anambra state Pension Board based on the referral and proven performance recorded in Ebonyi and other States. Its recently set up for Kano state civil service, cross-river state, Zamfara state Basic education board. OUR MOST RECENT CLIENTS INCLUDE: E-law & Co-Legal Firm Ernest consulting Limited Necton Real Estate Twinker Nigeria Limited Young Angels Schools internationals. Etc AppMart proposals is to deploy the solution at no cost. All set-up, data migration, updates and continuous support will all come at no additional cost. WWW.APPMARTGROUP.COM 1

AppMart is a software development company. We've been partnering with organizations from start-ups to large enterprises, Government institutions to help them accelerate growth and innovation, transform operational efficiency, and deliver new software products to serve their needs. Our various enterprise solutions already developed stretches from Identity Management, Payroll/ Resource optimization software, Internally Generated Revenue & Tax management solutions, school solutions, Small & Medium industry inventory management solutions etc. Technology and software applications are driving evolution on an individual, cultural and social level. As software becomes integral to the way we live, the boundary between our tools and intuition will vanish. At AppMart we are driving this evolution and we believe that software should be accessible and affordable to align with many companies who are increasingly turning to software-as-a-service (a concept known as SaaS) where customers never possess or install the software. Instead, customers pay a subscription fee to access the software through the Internet on the provider's server. The Veripay Resource Management, Payroll, pension and Expenditure solution is served as SaaS to our numerous clients. Our other Products Veripay - HR & Payroll software Revotax - Tax/Revenue central system Skolasuite - School Management software Guava Rewards - Loyalty rewards software Iventa - Inventory Management software for companies Etc. 2

Our VeripayTM Our diverse clients and projects have continued to provide our team with the opportunity to grow and improve on the software. Also note that the Veripay software has API to integrate to existing payroll solutions for Data migration or any other third party platform used by institutions e.g Accounting Softwares. See below the highlights of the Veripay suite.. The version 11 of the Veripay suite which will be ready in three months time will come with both French and Portuguese language to accommodate clients that prefer to work with such interface. See below the modules in the software HUMANC RESOURCE MODULE Recruitment/Employee update/biometric data capture Training Management Leave Management & Loan Management Performance/Appraisal Management Employee health Management Promotions and transfer management Manage Disciplinary actions Exit management Time/Attendance management Staff/company Asset Monitoring. 3

Staff Self service via both mobile App and web interface: this gives the staff access to all his activities in the institutions e.g, leave request, expense request, training history, loan request, view payslip, all contributions (PAYE, Pension etc.), staff profile etc. HUMANC RESOURCE MODULE - CONTD Automatic retirement policy. Manage staff Benefits/rewards systems Generation of Employee ID card. Shift Management. NUBAN and BVN validator internal communication module Staff chat App. Audit trail Reports PAYROLL MODULE Manage Deductions Manage allowances Manage salary structure manage Overpayment/Underpayment End-to-End integration to Payment Gateways for instant salary payments to all beneficiaries managed from the comfort of your home or office. Monthly salary processing. PENSION MODULE Manage Retirees. Manage pension deductions Manage routine pension routine validations Manage Gratuity manage Overpayment/Underpayment Manage monthly Pension payment. EXPENDITURE MODULE This module allows staff of companies to make request for expenditures or all expenses, purchase are track by the institutions with different reports. It also creates template for the institution to develop their annual budget which is mapped to monthly expenditure. The expenditure module gives you opportunity to configure all the company account in the system irrespective of the bank. This makes it Possible to handle all payment from any of your institution account in any bank, view all institution bank account balances in one window, Set up beneficiary for both present or future payments etc. 4

Module Features FEATURES SECTION DESCRIPTION SYSTEM BASED FEATURES Role based Access System This enables effective control of access rights, privileges and operation of VERIPAY. E.g. Payroll, HR staff are given specific roles, groups roles and general roles to control their activities Web based System The veripay system is a web-based solution. All its applications from staff updates, routine payroll operations, salary processing, approvals and payments can be done from any internet enabled computer or mobile phones via its mobile app that runs on android, IOS etc. System security System The system has undergone different security test to ensure that information and data are secured. Disaster Recovery Policy System All veripay data are backed up in three different locations and can be recovered within one hour of any serious compromise. Communication Hub System Routes all communication and notification within the organization E.g. All registered stakeholders are contacted via mail or SMS once salary payment is approved by assigned authority. Leave notification and alerts, loans or general communications with employer and employee etc. Routine Staff Validation System Ability to enforce biometric identification/reverification of staff at chosen intervals. Integrated Biometric System This aids enrollment and ensures that no staff appears more than once in the system, verification and identification of employees fingerprint and photo capture in real-time. AFIS is also in real-time. Third party attendants solutions can also be integrated for employee clock in and clock out controls Audit Trail systems The system monitors every activity and logs it against the user for trail. Reports System VERIPAY contains various reports for management team, which makes decision making easier. It is customizable and flexible to the customer s needs. API Integration Systems The system is integrated to payment gateways using a standard API interface. HR BASED FEATURES 5

Employee Information Management Recruitment Employee Developments/learning Single page update of all employee information (basic information, employment status, bank information) This provides front end to automate all recruitment cycle, publication of vacancies, application, using the virtual examiner computer based applicants test can be conducted and successful candidates are contacted using the notification hub. Generic interview system also ensure automated decision making during Interview and all interview recommendations and comments are all documented electronically. The feature provides for organized/scheduled training programs to improve the staff knowledge capacity for better productivity. Leave Management Resource Handle scheduling/leave application and approval process Disciplinary Board Resource Manages queries, probation and all disciplinary functions Loan Management Compensation & Benefits Appraisal process Module Retirement/Promotion Hub Contributory pension scheme Exit Management BVN & NUBAN compliant PAYROLL BASED FEATURES Ability to allow staff request for loan through the portal. Both approval and disbursement are logged through the solution. Repayment is automated to ensure consistency. Compensation and staff benefits are processed through the system for proper records and monitoring. This module is a customizable approach according to the company/institutions specifics. This backend operation keeps track of age in service and automatically promotes or retires employees base on preset rules and parameter E.G ability to move retired pensionable people into pension verification scheme. This scheme can also be manually handled as the institutions settings permits The system is developed to assist institutions make pension deductions, keep track of their payments to PFA s. The system tracks reasons for disengagement as well as links all relevant units like control department, corporate services, HR as it relates to the staff during exit process. The system is BVN and NUBAN compliant. It validates both BVN and NUBAN of the employee at the time of registration Advanced Payroll Policy Payroll Include or excludes employees for monthly pay rolling (used for voluntary retirements, disciplinary actions, leave with no pay, etc.) 6

Flexible Pay Cash Register Payroll Easily generate, preview and edit monthly pay register as well as payslip E-payslip Payroll Ability to generate and transmit pay slip electronically through self-service interface Integrated Tax Calculator Engine Payroll Flexible tax calculation option (fixed tax table or automatic calculation using a predefined tax function) with ability to push individual tax records to internal revenue service or any IRS software using xml/service calls. Controlled Salary Administration Payroll This features see to generate salary schedule, approval process and transmission to payment gateway. Easy Clone Payroll Ability to clone new salary schedule from an existing approved salary schedule and salary structure from an existing structure for faster processing Allowance and Deduction manager Payroll Ability to add allowances/deductions in either monthly form (unit allowances) or annual form Flexible System Setup Payroll Dynamically set allowances/deductions as either fixed value or percentage of basic salary etc. Granular System Configuration through Profile Management Payroll Ability to add allowances/deductions based on predefined rule (by category, by MDA, by department, salary structure, grade/step, designation and exclusion of specific employees from certain allowances/deductions Salary Structure management Payroll This provides tool sot create and manage highly complex salary structures scenarios Automatic charges and income deductions Instant remittance to all Micro Finance Banks Beneficiaries Instant payment to all commercial bank beneficiaries Payroll payroll Payroll The system automatically deducts salary processing charges, union dues, statutory deductions and any other charge at the point of payment of salaries and credit all relevant account as supplied by the stake holders. All intermediary or corresponding banks of the Micro Finance banks are credited at the point of approval/payments of the salary. Thus eliminating the Manuel handling involved during this process. The solution does instant salary payment to all bank beneficiaries as soon as approvals are committed in the solution. SELF SERVICE BASED FEATURES Electronic Payslip Self service This is a self-service function by the staff. As long as you have registered your email with the company. On request through the self-service window, the payslip is forwarded to the staff email box. Other self service activities The self-service portal provides opportunity for staff to handle leave request, loan request, view their profiles, view all deductions on their salary etc. SMS Alart/Email system Self service This module allows the organisation/institutions to communicate effectively with their staff. The 7

PENSION BASED FEATURES interface also have an automated alert system to inform the staff of salary payments, e-payslip, loan disbursement and recovery etc. Automatic movement of retired staff to pension interface Pension The system automatically defaults all retired staff to pension interface. Calculation of initial pension/gratuity pension The system automatically calculates the gratuity and the initial pension from the database. Allowing the pension authorities to block any unauthorized/unapproved inclusion of ghost pensioners in the system Routine Online pension verification pension The system is built with a special feature to verify all life pensioners after a specific period as inputted by the authorities in the system. This will guarantee that dead pensioner does not continue to exist in the system. Pension reports System VERIPAY contains various reports for managing pension information 8

Project Deliverables Support Team and Architecture We at Appmart values support as important as the product itself. Thus we have created a support team to ensure that our numerous clients are attended to with dispatch. Our support center has been enhanced to accommodate our new market target. Deployment Timeline It takes our deployment team between 5 and 10 days to fully deploy the Veripay suite for a client depending on the size of their workforce. The schedule below for accomplishment of a project reflects the elapsed time in days for completion of the preliminary data gathering, documentation, system configuration/setup, deployment and go live. TASK Data Gathering Documentations system set-up and configuration Go-Live TIME 2 days 3 days 4 days 1 days 9

Financials The Veripay suite and all its modules are provided as Saas to clients and it s totally free to use. AppMart will provide support, application set up, data migration, system updates at no extra cost. We shall charge an agreed software maintenance fee per staff during monthly salary payment. You can subscribe for Veripay by visiting the link: https://veripay.appmartgroup.com and click on Subscribe for Veripay and follow the prompt. Deployment Requirements The items below are required to use Veripay suite for clients. DESCRIPTION Physical servers REQUIREMENT STATUS Not Applicable Network infrastructures Not Applicable Any Internet Enabled Devices Applicable FOR: APPMART INTEGRATED LIMITED MAKO SYLVESTER CEO(08033093042). 10