Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Ramco Systems and KPMG Malaysia Join Hands to Offer HR & Payroll BPaaS

Posted On: 2018-12-04 11:40:47

Enterprise software specialist Ramco Systems ("Ramco") and KPMG Management & Risk Consulting Sdn Bhd ("KPMG") announced today that they will collaborate to use Kuala Lumpur as a springboard to offer advanced cloud-based human resources ("HR") and payroll solutions for growth companies across the region.

KPMG said it will use Ramco's HR and Global Payroll Platform as the cloud-based architecture to roll out its Business Platform as a Service ("BPaaS"). This would include Core HR, Payroll, Travel, Expenses, and Time & Attendance Management, coupled with features like Voice, Chatbots and Mobility.

With rapid growth of mobile usage, Malaysia and the region has reached a critical mass for the adoption of cloud-based solutions which can transform the workforce. The emergence of the ASEAN Economic Community also means that more regional SMEs are conducting business across borders. The factors point to a growing need, and opportunity, for the adoption of state-of-the-art tools and HR and payroll harmonisation - technologies which are now much more affordable and disruptive due to cloud-based technologies.

Ramco HCM with Global Payroll services over 450 customers worldwide with a unique architecture that offers embedded Artificial Intelligence ("AI"), haptic design, context-sensitive pop-ups, self-service chatbots and voice-based HR transactions. Its Global Payroll complies with statutory requirements across more than 45 countries covering ANZ, Asia (including Japan and China), the Middle East and Africa, UK and Ireland. It is available in English, Japanese, Mandarin, Bahasa, Thai, Malay and Arabic, among others. The software has received many awards and recognitions from organizations including but not limited to the Global Payroll Association, NelsonHall, Frost & Sullivan and HR Vendors of the Year.

"Ramco focuses on bringing latest technologies such as Voice, Chatbots, AI and Machine Learning capabilities to HR & Payroll thus enabling organizations move towards a Zero UI and Intelligent enterprise applications era. With the advent of the next wave in technology, revolving around Platform-as-a-Service, there has been a significant increase in the adoption of BPaaS solutions to ensure cost-effective infrastructure and increased flexibility. Our investment in building a robust platform with multi-country capabilities has been well received. This collaboration with KPMG gives us the opportunity to bring our platform strength and further scale our presence in the region," said Virender Aggarwal, CEO, Ramco Systems.

Chan Siew Mei, Head of Advisory of KPMG in Malaysia, said, "At KPMG, we put our clients' needs at the core and that's why we always seek to explore opportunities to integrate innovative approaches and deep expertise to deliver real results for our clients. With the increasing challenges associated with technology, growth and business performance, we constantly drive process efficiency, flexibility and boost productivity to support our clients' changing business requirements. In line with these goals, we decided to work with Ramco, to offer HR & Payroll services as a BPaaS to cater for the growing business needs in Malaysia and potentially across the region."

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.295.5 as compared to the previous close of Rs. 296.15. The total number of shares traded during the day was 2959 in over 270 trades.

The stock hit an intraday high of Rs. 303.75 and intraday low of 294.4. The net turnover during the day was Rs. 881734.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

American Public Life Insurance Company Selects Majesco L&A and Group Core Suite

Flagging off of the first batch of tuna long liner cum gillnet fishing vessels from Cochin Shipyard

Vedanta Ltd denies submitting revised bids for Essar Steel

Huhtamaki PPL Ltd posts net profit of Rs. 17.96 crores in Q4

Linde India Ltd reports PAT of Rs. 15.41 crores in Q4

Tulive Developers Limited board to consider buyback proposal on Feb 22, 2019

GreenPro Certification awarded to Ramco Cements' flagship product - RAMCO SUPERGRADE

Duke Offshore Ltd bags contract from Daewoo - Tata Projects JV

Vyapar Industries Ltd board to consider buyback on Feb 22, 2019

Wipro Positioned as a Leading Player in 'Zinnov Zones for Digital Services in Retail - 2018'

Essel Propack receives Inter Corporate Deposit of Rs. 40 crores

Bajaj Finance announces winners of 'EON'

Gartner Cites Newgen Software as a Niche Player in the 2019 Magic Quadrant for Intelligent BPM Suites

Premier Ltd enters into 10 year lease agreement with Global Icon Projects LLP

ABB wins INR 270 crore order for train technologies from Indian Railways

Nucleus Software's FinnOne Neo Cloud wins the 'Best Cloud Lending Solution' award

HIL Ltd commences commercial production of dry mix plant at Jhajjar, UP

Maharashtra Seamless Ltd pays Rs. 477 crore for acquisition of USTPL

Mac Hotels Ltd Board to consider Interim dividend on March 5, 2019

TCS and Nanoheal to Provide Digital workspace Automation for End-user Devices

IT search at head Divis Laboratories Ltd's premises

TCI Industries Ltd allots 1250 NCRPS

Time Technoplast Ltd receives order worth over Rs. 115 crore

Maruti Suzuki's Compact SUV Vitara Brezza clocks fastest 4 Lakh cumulative sales in under 3 years

BBK Partners with Intellect's Digital Transaction Banking for Digital Transformation of its Transaction Banking Business

Thomas Cook India witnesses a 35% surge in bookings for Japan

Ramco ERP Drives Digital Transformation at PT. Cipta Krida Bahari

63moons filing Rs 10000 cr damage suits against Mr P Chidambaram, Mr K P Krishnan and Mr Ramesh Abhishek

Trident Limited Received 'CSR Leadership Award'

Modulex Construction Technologies Ltd approves corporate guarantee to Give Vinduet Windows and Doors Pvt Ltd

Signet lndustries Ltd secures orders of Rs. 130 crore

Emami Group promoters divest 10% stake for INR 1600 cr in Emami Limited

NLC India Ltd joins hands with NHPC Ltd on power trading

L&T clarifies on action against CTS

Ambuja Cements Limited announces CY2018 results

Cipla wins portion of state ARV tender

Huhtamaki PPL Ltd Board recommends Dividend of Rs. 3 for 2018

Asian Warehousing Limited calls for board meeting on Feb 25, 2019

Cipla and Wellthy Therapeutics announce Partnership

Merck Ltd board to consider dividend on Feb 27, 2019

Ambuja Cements Ltd Board recommends Final Dividend of Rs. 1.50

Wipro launches QuMiC to accelerate migration to Oracle Cloud

Cyient Launches its Connected Equipment Offering for OEMs and Equipment Owners and Operators

V-Mart Retail Limited opens new store in Uttar Pradesh

The Ramco Cements Ltd to contribute Rs. 5 lakhs each for 8 martyrs of Pulwama attack

Satin Creditcare Network Ltd to consider issue of NCDs on Feb 21, 2019

Suditi Industries executes license contract with PSG Merchandising

VBC Ferro Alloys Ltd resumes manufacturing operations at its factory

Tiger Logistics India Ltd strengthens its position in the Auto Logistics Sector

ISG Provider Lens™ Names HCL Technologies a Leader in Development of Next Gen Banking, Financial, and Insurance Applications







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019