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Matrix biometric access control, time-attendance solutions deployed at STFC

At branches where company required access control, Matrix has installed biometric fingerprint based access control device to control people movement
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STFC was looking for a centralised time-attendance & access control solution for all branches

Company profile

Shriram Transport Finance Company is having 700+ branches across India with headquarter at Mumbai. The organisational structure comprises of HO, Regional Offices and Branch Offices. Matrix offered centralised web based Time-Attendance and Access Control solutions with Biometric Fingerprint based door controllers for all their locations.

Business challenge

STFC is having more than 700+ offices across India. It includes head, regional and branch offices. Its Time-Attendance processes were managed separately at each location manually and as well as by using biometric devices of different brands. Managing attendance of multiple locations and making timely salary was a time consuming task and subjected to manipulation and errors.

STFC was looking for a centralised Time-Attendance solution for all branches using biometric credentials from their Mumbai based HQ. They also wanted to control any unauthorised user entry at some branches. For fast salary process, company wanted to integrate Time-Attendance software with their HRMS software.

Matrix access control & time-attendance solution

After discussing all problems and requirements, Matrix has offered its enterprise-grade web based COSEC Time-Attendance solution with centralised 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.

  • Biometric time-attendance terminal at 700+ locations
  • Biometric door controllers for access control
  • Connected all locations using ethernet
  • Centralised attendance management software
  • Integration with 3rd party HRM software


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

Time-attendance and access control products

  • COSEC DOOR FOT – Biometric fingerprint-based door controller
  • COSEC ENROLL FINGER – Fingerprint enrolment station
  • COSEC LE PLATFORM – Web-based application software platform
  • COSEC LE TAM – Time-attendance and leave management module
  • COSEC LE ACM – Access control module
  • COSEC LE USER10000 - 10000 user licence

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