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Ramco Systems drives Payroll modernization across Australia & New Zealand

Posted On: 2019-04-09 17:04:02

Close on the heels of being positioned in Everest Group's Multi-Country Payroll Platform (MCPP) PEAK Matrix™ 2019 as a Major Contender, Ramco Systems, the global enterprise software provider, announced the winning of a Payroll modernization mandate from one of Australia & New Zealand's leading telecom providers. Ramco will help the telecom major digitize its payroll operations and also comply to the region's payroll statutory and new tax office direct filing requirements for its 5000+ employees spread across ANZ.

Ramco's Global Payroll and Time & Attendance solution with Core HR will replace the client's existing legacy Payroll application enabling the customer to provide superior employee experience. Ramco's Payroll solution while being compliant with the regional statutory requirements, will also provide automated payroll, bringing in increased efficiency in the entire process.

Virender Aggarwal, CEO, Ramco Systems, said, "Each new win is as exciting for us as the last one. In the current year we witnessed some large enterprises from Australia and New Zealand choosing our platform for payroll. We were able to win the trust of the clients as they found our platform to be robust, helping them comply with local statutory while giving their employees a truly digital experience."

"Being associated with one of the largest telecom providers in the region is indeed an honour. Businesses today are looking for technology platforms that can transform and enable them to embrace the future. Our focus on Innovation driven by Artificial Intelligence, Facial Recognition, Chatbots and more, is helping us be the preferred choice of futuristic businesses", added Aggarwal.

Complete with chatbots, voice, and facial recognition-based workforce management, organizations can deploy Ramco HR with Global Payroll on-cloud, on premise or leverage as a managed service. The multi-tenant architecture with embedded intelligence and device agnostics features now serves more than 450 customers worldwide. With innovative concepts of Artificial Intelligence & Machine learning, Context-sensitive Pop-ups and Chatbots to carry out self-service, and Voice based HR transactions on Google Assistant & Alexa, Ramco has been setting the benchmark for Innovation in this segment. With statutory compliance across 45+ countries covering ANZ, Asia (including Japan & China), Middle-East & Africa, UK and Ireland, Ramco's Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay, Arabic among others.

Shares of RAMCO SYSTEMS LTD. was last trading in BSE at Rs.238.1 as compared to the previous close of Rs. 244.45. The total number of shares traded during the day was 2601 in over 174 trades.

The stock hit an intraday high of Rs. 247.65 and intraday low of 237.85. The net turnover during the day was Rs. 629432.

*Google Assistant™, virtual personal assistant is a trademark of Google LLC | Alexa and all related logos are trademarks of Amazon.com, Inc. or its affiliates


Source: Equity Bulls

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