Ramco Systems, a global enterprise software company, today announced that it has secured an agreement to implement its Global Payroll & HR Solution for Halliburton, one of the world's largest providers of products and services to the energy industry.
As a part of the agreement, Ramco will deliver its Global Payroll & HR solution for Halliburton's payroll operations in China covering modules for Leave Management, Time & Attendance, Loans & Advances, and Payroll targeted to meet the Chinese Government's taxation compliance standards.
Yasser EL Sernagawy, Finance Director – GBS, Halliburton, said, "Ramco's strong global presence and payroll expertise in the Chinese market will help us address the changing statutory needs efficiently. We are confident that Ramco's innovative solution will enhance our Human Resource Management systems and reporting capabilities to improve our overall payroll process."
Commenting on the win, Virender Aggarwal, CEO, Ramco Systems, said, "We are happy to have Halliburton onboard Ramco's growing clientele. Ramco Payroll's success in the Chinese market will help companies like Halliburton harmonize their Payroll & HR operations on a single unified bilingual platform. We look forward to scale with Halliburton and explore other markets, mutually."
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 500+ clients 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.172.25 as compared to the previous close of Rs. 181.1. The total number of shares traded during the day was 9758 in over 419 trades.
The stock hit an intraday high of Rs. 184.75 and intraday low of 171.4. The net turnover during the day was Rs. 1761405.