PFRDA

Need open-source or cheap pension fund administration software for medium size business?

We have a definied contribution pension plan at my medium-size company. The contibutions are being added to a fund. Then employees can take loans from the fund. It hasn't been administered well, or seperately, and now I'm trying to clean things up. Does anyone know of a decent fund administration program I can use to keep track of each employees account accurately? Open source or cheap is ideal. Don't have much of a budget. We've been trying to use Excel but it's more than a bit of a mess.

Public Comments

1. Try using Access instead of Excel since you probably already have that. Access is designed more towards "keeping track" of people and things than Excel is. If you don't have MS Office Suite and only have Excel (highly doubtful), but if that is the case you can get Open Office for free here: http://www.openoffice.org/ OO is the Open Source 'equivalent' to MS Office. It will run on any platform (E.G.: Windows, Mac, Linux) and will allow you to work with documents that you already have that have been written with MS Office. More information can be gleaned from the OO Website. Another Open Source program that you may find useful is GNUcash. Get that here: http://www.gnucash.org/ You can find more Open Source software that you may find useful here: http://sourceforge.net/ I hope this helps. Good Luck!