News and Press Releases

Kidz N Kidz CaseStudy

HR Challenges

Affordably and effectively replace manual attendance management with a Robust Solution at 20 different locations in 11 cities of Pakistan.

The manual, paper-based attendance management system in use by Kidz N Kidz was insufficient for the growing needs of their Human Resource. Kidz N Kidz required a turnkey, automated solution to simultaneously track and audit employee time & attendance, at 20 different locations in 11 cities of Pakistan.

Proposed Solution: TimeTrax-Cloud based HCM Software & TT-PT7 Biometric Fingerprint Devices

After evaluation of a variety of HR Solutions and vendors by Kidz N Kidz, they were impressed by the interface, user-friendliness, intuitive nature and wide-ranging features offered by TimeTrax. Keeping in mind the HR challenges faced by Kidz N Kidz, the eAttendance module and TT-PT7 Biometric Fingerprint Devices of the TimeTrax were proposed by the HR Consultants at EfroTech:

  • eAttendance - Attendance Management System
  • TT-PT7- Biometric Fingerprint Devices

Selecting the TimeTrax Solution immediately resolved several issues that were hindering their workforce productivity. With TimeTrax - The Intuitively Managed Employees' Tracking system - Kidz N Kidz has experienced great benefits, ranging from true attendance picture at each outlet, elimination of buddy-punching and most importantly relief to HR personnel from tedious task of gathering and compiling branch-wise attendance data. Thus allowing them to take the organization towards its true HR potential.

They are maintaining employees' late arrivals & early departure details conveniently & completely. Issues in managing employees’ attendance have been eliminated. They have got centralized attendance management in place for 20 remote branches, in 11 cities throughout the Pakistan.

Benefits Delivered

  • Tracking of employee working hours and attendance, no barrier between branches
  • On time attendance information, at all times
  • Reduced absenteeism and improved punctuality
  • Paperless environment, efficiency gain on lessened disruptions & increased productivity


Commenting on implementation of the TimeTrax HCM Solution, Javed A. Rahat (Manager Finance & Accounts/I.T) notes,

“We got TimeTrax cloud-based eAttendance software along with a reliable TT-PT7 Biometric Fingerprint Devices few months ago for our time & attendance management, we approached several companies but eventually we decided to go with TimeTrax the best among the rest and rightly so. It is an amazingly smart and easy-to-use Solution that is adaptable and affordable for any business. Most impressive of all is their customer service, they continue to provide quick support when needed, now Kidz n Kidz has gained true visibility into the entire staff and tracking over 200 employees at 20 different locations, in 11 cities across Pakistan. As per our need rises we are highly convinced to take remaining modules of TimeTrax since it is a complete HCM Software for any company and a highly recommendable too.”

Project Complexity

200 Employees

20 Branches

11 Cities

Project Status

Successfully completed

Proposed Solution

eAttendance Module from the TimeTrax-Cloud based HCM Software
TT-PT7 Biometric Fingerprint Devices

Technologies Used

TT-Cloud 2.0, ASP .Net Framework 3.5,
Crystal Reports & Microsoft SQL Server 2005


IT Ministry Exhibits at Mobile World Congress with Mobile Apps Companies of Pakistan


Barcelona, March 4, 2015. Mobile World Congress (MWC) is the biggest telecom event of the year and is happening in Barcelona, Spain from March 2nd to 5th this year. Pakistan Software Export Board (PSEB), an apex body of Ministry of Information Technology, has setup a Pakistan Pavilion with leading mobile applications companies of Pakistan at the exhibition. “For the first time in the history of MWC, a Pakistan Pavilion has been facilitated and setup by the Pakistan Government. IT companies are showcasing their expertise in mobile applications development through demos of their different mobile apps such as retail mobile apps, health care mobile apps, games, mobile cash and self-care applications.


Minister of State for IT, Ms. Anusha Rahman receiving the GSMA Spectrum for mobile broadband Award 2015 at Mobile World Congress Barcelona Spain.

Speaking on the occasion, Minister of State for Information Technology, Mrs. Anusha Rahman Khan, said that “MWC is the biggest telecom event of the year for telcos and mobile apps companies. This is the first time Pakistan set up a pavilion displaying expertise in Pakistan in the IT sector and we will inshaAllah setup an even bigger pavilion in 2016 with more participation of the IT companies of Pakistan. Talking about the ministry’s vision, Mrs. Khan said, “Our vision is to put in place an accelerated digitization ecosystem to enable socio-economic development, to expand knowledge-based economy and to spur the economic growth. I invite IT investors and customers to consider Pakistan’s IT industry for investment and outsourcing at substantial cost savings for the same IT service quality and standards as in other countries and to capitalize on the economic growth in the local economy.” The Pakistani Pavilion attracted a good number of foreign visitors and it is hoped that the exhibition, which will run till March 5th, will create significant awareness about Pakistan’s IT and mobile apps industry.

Great business and investment opportunities between Zambia and Pakistan: Managing Director, Investrust Bank, Zambia


Mr. Friday C. Ndhlovu, Managing Director, Investrust Bank, shared some of his observations during a Business Recorder interview about working with AutoSoft as a Pakistani company and explained why the Bank had chosen AutoBANKER over so many other solutions available.

January 12, 2015

BR Research: Investrust Bank and AutoSoft Dynamics have been working together for two decades. How did a Zambian bank and a Pakistani IT company come to establish such a long-term and persevering relationship?

Friday C Ndhlovu: In the 1980s I was working as the managing director of the largest bank in Zambia. After a change of government caused upheaval in that government-run institution, I left that position and went on to establish a new bank. Thus we established the Investrust Bank in 1995. As we were establishing that bank, we recruited a managing director who in turn introduced us to Mr. Lutfullah Khan whose company had developed a software solution for banking.

In the early days, the bank's funds were limited and we had to be quite careful in our allocations and expenses. We were convinced in favour of the software because it encompassed workflows of the various banking operations, it was already working well for other banks in Zambia and Yemen and was also relatively inexpensive. Since that time our relationship has evolved and strengthened.

The relationship has not always been easy. Over the years there was some pushback from stakeholders within the bank who did not feel that working with a company based in Pakistan was the best alternative due to the security and political risks. As the bank grew and our requirements also scaled up and changed, AutoSoft was consistently able to deliver. I firmly believe that we made the right choice then and over the years AutoSoft Dynamics has worked consistently to help us meeting all emergent challenges.

BRR: It is well established that the cost of production in Pakistan is generally low. Is that the single most important determinant for working with AutoSoft Dynamics?

FCN: We have studied various other banking solutions over the years and have compared their strengths and weaknesses to our existing solutions. Although most banking services are more or less uniform across the international market, each institution has unique internal processes and work flows. In our experience, any IT solutions provider that sets out to provide a solution for any banking operations must first comprehensively understand these processes, requirements and scope. Only after thoroughly internalising these can they provide an adequate software solution for the bank.

But the world's leading enterprise software solutions are not specifically tailored for an institution or even for the banking industry as a whole. The implementation of those solutions would mandate the bank to change its internal processes instead of being customised to suit these work flows. Trained, experienced and affordable resources here in Pakistan enable us to automate operations tailored to our business needs.

BRR: Tell us about the size and business scope of the bank and the industry in Zambia.

FCN: Investrust Bank has 26 branches and a workforce of about 500 personnel. We are a local bank with a capital of about $20 million and we are experiencing strong growth in recent years, offering a gamut of services from retail and corporate to leasing and trade finance, etc. We are managing a portfolio of close to $1 billion at this point in time. Banking penetration is relatively low in Zambia as about 60 percent of the adult population has bank accounts. The total population of Zambia is about 15 million people, similar to the population of Lahore and its suburbs put together.

Banking penetration in Zambia is on the rise and various industries are exhibiting strong growth. Both Investrust Bank and AutoSoft Dynamics have been able to capitalise on this growth through our mutual relationship. As such, they have been able to expand their clientele in Africa while we have also been able to acquire more business from Pakistani firms and individuals. Overall there are great business and investment opportunities between Zambia and Pakistan.

BRR: How do you view the growth of Islamic banking in Zambia?

FCN: In Zambia, the banks are generally willing to lend at high rates; generally a nominal rate of 24 percent as compared to inflation levels around nine percent. That is a considerable spread as compared to here in Pakistan. Islamic banking is now legal and the regulator has listed requirements for the industry. About 10% of the population is Muslim and we believe there is appetite for Islamic banking there, because of its emphasis on asset backing. The economic profile of Zambia and Pakistan is similar and the mushroom growth of Islamic banking here is inspirational for its potential back home.

BRR: Experience in Pakistan versus the prevalent perception.

FCN: Although my association with this country has spanned over two decades thanks to AutoSoft Dynamics, this is my first visit to Pakistan and it has given me a whole new perspective on this country and the people that live here. It is a beautiful country with splendid weather and great people. There is poverty here but overall the conditions here and generally much better than the prevalent perception. The infrastructure in and around Lahore, Islamabad, Muree; places I visited, is also well developed. I came in as a stranger and I am going back as an ambassador of Pakistan.

BRR: Tell us about your own career path and the genesis of AutoSoft Dynamics.

Lutfullah Khan: AutoSoft Dynamics was established in June 2000, but was derived from a predecessor by the name of Automation Software Services. I had been working with BCCI and when it closed down; I inadvertently became an advisor to the liquidators on all the bank branches which became banks when BCCI shut down. I had been working on the concept of a solution that would help us replace the much more costly proprietary hardware that was running at these banks at that time. The idea was pitched to a couple of banks in Yemen and Zambia.

Upon completion of AutoBANKER, developed using UNIX and COBOL, we offered it to clients in Zambia and Yemen. Initial licenses were signed with Union Bank of Zambia and Yemen Commercial Bank whereby the system offered its clients core retail banking, with subsequent modules covering various optional functionalities.

In 1994, I joined Prime Commercial Bank (PCBL), a Lahore-based institution as Executive Vice President with a clear understanding from the Bank that Automation Software Services would continue to provide services to its overseas clients. The bank at the time decided to take the AutoBANKER IT system, and also took all AutoBANKER related modules as those were developed. Overseas Clients of Automation Software Services ie UNION Bank Zambia, Investrust Bank Zambia, Yemen Commercial Bank Sana'a and Watani Bank for Trade and Investment, Yemen, also continued to take services from our team.

In 1998, AutoSoft Dynamics was initially conceived as a joint Collaboration project with Sheikh Khalid Bin Mahfouz Family (owners of National Commercial Bank Jeddah and also sponsors of PCBL) to be formed with a US $1 million capitalisation. It was agreed that NCB would eventually outsource its software support to AutoSoft in Pakistan. The project never however materialised due to the take-over of NCB by the Saudi Government.

In 2000, we decided to start the operations of AutoSoft Dynamics and the operations of Automation Software Services were merged with AutoSoft Dynamics and on July 1, the company signed PCBL as his company's first customer. 18 members of the bank's IT team joined AutoSoft to form the initial team of the Company.

An architecture was adopted which capitalised on cost effective scalability that cutting-edge technology made possible. AutoBANKER IT was created as a centralised system based on N-Tier architecture thus requiring minimal branch deployments while allowing banks to perform real-time reconciliation across a large number of branches.

BRR: Tell us about the range of IT solutions offered by the company and its impact on banking industry as a whole.

LK: AutoSoft's product suite automates both simple and complex processes for banks. Simple tasks include opening accounts, issuing cheque books, checking balances, processing deposits, transfers and ATM withdrawals. More complex automation provided by AutoSoft includes trade finance (import, export and export refinance activities) and treasury automation (foreign exchange, money market and corporate office transactions). Additionally, modules that automate administrative tasks such as human capital and fixed asset management are also part of AutoSoft's offering.

Aside from conventional banking products, AutoSoft has a strong portfolio of products catering to the fast-growing USD1.5 Trillion Islamic Banking industry. Islamic banking products are based on distribution of profits and losses of investments as opposed to interest based computations in conventional banking. Islamic Banking products require highly specialised processes and transactional workflows that must be compliant with Islamic jurisprudence (Shariah). AutoSoft was one of the first banking software automation companies to develop and deploy a fully Shariah compliant product suite.

AutoSoft 's management and core development team have decades of experience in the local and International banking industry and its Automation. AutoSoft provides its clients a full spectrum of products and services that cater to meet the ever-changing needs of the financial services industry.

At this time, its systems are being used in 13 National and seven international financial institutions in the Middle East, Asia and Africa. The company has been profitable since its inception and at this time, AutoSoft's solutions have over 1000 banking site installations and are used to support over 2 Million banking customers and transact a deposit portfolio of more than Rs265 Billion and an advances portfolio in excess of Rs125 Billion. The company houses over 120 employees with offices across three major cities of Pakistan.


National Mobile App Competition

Last Date to Register: 15th February, 2015




Systems Limited Lists and Commences Trading on KSE

Karachi, Pakistan – February 3, 2015 – Systems Limited, the region’s premier software house and the leading provider of next-generation IT and technology-led BPO services, today listed its shares on the Karachi Stock Exchange following the gong-striking ceremony led by Mr. Asif Peer, CEO and Managing Director of Systems Limited. This marked the commencement of the trading session.

Systems Limited is now trading under the ticker symbol ‘SYS’.



The ceremony was attended by Mr. Asif Peer, CEO and MD; Mr. Sajid Hamid, SVP, and Ms. Naureen Anwar, VP – Systems Limited. Also present were the officials from KSE including Mr. Nadeem Naqvi, MD; Mr. Haroon Askari, DMD; Mr. Muhammad Ghufran, DGM Company Affairs; and from AKD Securities Limited including Mr. Farid Alam, CEO; Mr. Khurram Shahid, SVP Investment Banking among others.



Speaking at the occasion, Mr. Peer said, “Today marks the beginning of a new era for Systems Limited. Since December 2014 when the company launched its IPO, the response from investors to the offering has been immense”. He continued, “We are fully committed to contributing towards the development of the IT industry in Pakistan and looking ahead, we aspire to position ourselves as a global technology brand that stands at par in delivering sustainable value. As we continue to grow, we look forward to creating value for our shareholders”.

Systems Limited’s book building portion was oversubscribed by 3 times at the upper price band, and the general public portion had also been an equally remarkable success being subscribed by 3.17 times.

Mr. Peer concluded his remarks by saying, “We wish to thank all the investors for showing confidence in the company.”