Ramco global payroll - PowerPoint PPT Presentation

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Ramco global payroll

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Innovative payroll platform embedded with AI & ML – PowerPoint PPT presentation

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Title: Ramco global payroll


1
Ramco Global Payroll
2
The Ramco Group - At a glance

4B in MCap   1.13B in Revenues 16,000 Employees
Fifth largest Cement producer in India First ERP Solution Company in Asia Most efficiently run spinning mill in India

Textile Cement Building Products Power Logistics Educational Institutions  Software Products
3
About Ramco Systems
Across 40 Countries
over 2 million Users
over 28 Offices
HR Global Payroll
Enterprise Resource Planning
2000 Employees
25 years of Experience
Aviation, Aerospace and Defense
1000 Customers
serving 40 Verticals
Logistics Software
4
Top Executives
Executive Leadership Team (ELT)
Sandesh COO
Sam SBU Head AAD Technology
Rohit SBU Head HRP
Prashanth SBU ERP / Logistics/SRP
Sundar CEO
Manoj Chief Customer Officer AVN
RKC CFO
Rajiv CHRO
Ramas Chief Customer Officer ERP HRP
5
Ramco global payroll
6
Ramco Global Payroll HR Solution Map
Time Attendance
Deployment models
Core HR
Multi-Country Payroll
3rd Party Integrations
Employee Benefits
Schedule Management
Gross Net Pay Calculation
Core HR Integration
Compensation
Organization Masters
Public/ private cloud
Overtime Setup
Retroactive Pay Increments
Financials Integration
Leave
Employee Administration
Payroll managed services
Payroll as a platform
Error Detection
Time Entry
Travel
Time Device Integration
Movements Exits
Salary Advice to Banks
Payslips
Expenses
Grievances Disciplinary Actions
Loans Advances
Country-specific/ Statutory Compliance
Alerts Workflows
Employee Self Service
Manager Self Service
Pre-built Reports
Policy Configurator
Hubs
Platform Enablers
Chatbots
Facial Recognition
Mobile App
Mail It
Voice Assistant
7
Payroll coverage across 150 countries across the
globe
The United States
60 on Ramcos Platform
90 through in country providers
Approximately 2.6 million paystubs processed
every month using our platform
ICP countries in graph are not exhaustive
8
Interoperable Deployment models
Public instance
Managed Services
Platform
Hybrid
Private instance
9
Ramco Digital Managed Payroll Services
Local service delivery Last Mile Services
Timely accurate Payroll leveraging AI and ML
Compliance powered by AI and big 4 consulting
firms
Services aggregated on Ramco platform for 150
counties
End to End Payroll processing automated through
RPA
Real-time status of payroll by country in
Services Hub
Advanced self-service features and tools through
bots
Advanced payroll analytics using global hub
10
Local Delivery Centers
Presence in 13 countries
  • Capability to deliver locally from most of the
    markets in APAC and MEA
  • Local Support centres post implementation
  • Opened Madurai centre in 2022
  • Opened Qatar centre in 2023
  • Strengthened presence in Tokyo
  • Enhanced delivery in Australia, Singapore, Dubai
    and Kuala Lumpur offices with first-level support
    for managed services

Copyright 2023, Ramco Systems Limited.
Information subject to change. All rights
acknowledged
11
Building an HR Payroll Ecosystem
c
Analytics
Finance
HCM
Workforce Management
Ramco Global Payroll
Treasury On-demand Pay
Cloud
12
Awards recognitions
13
Analysts' recognitions
14
Awards
GEC AWARDS 2023
ASIA CEO AWARDS 2023
  • Top Vendor - Enterprise Solutions - HR PAYROLL.
  • Most Innovative Company Of The Year 2023

THE GLOBAL PAYROLL ASSOCIATION
HONG KONG INSTITUTE OF HUMAN RESOURCE MANAGEMENT
  • Best Payroll Software Supplier of the year 2022
  • Elite Innovation Provider Award

HR VENDORS OF THE YEAR 2022, SINGAPORE
HR VENDORS OF THE YEAR 2022, MALAYSIA
  • Best Payroll Software
  • Best Payroll Outsourcing Partner
  • Best Payroll Outsourcing Partner

15
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16
customer success stories
17
Client LEADING PROVIDER OF SUSTAINABLE ENERGY
Key Business Challenges
Solution Offered
Key Business Benefits
  • Need of an application to process Payroll
    centrally for 20 countries.
  • Handling statutory compliance across all 20
    countries in scope
  • Challenges around last mile activities
  • Multiple integration with other applications
  • Scope includes 8,131 employees across 20
    countries
  • Integration with Workday for Core HR information
  • SAP integration for Finance
  • Integration with e-Time for time and attendance
  • Payroll Managed services were offered
  • Provision for employees to download pay slips and
    perform tax declarations online
  • Last mile services
  • Reporting across all countries
  • Centralized system for processing payroll on a
    single platform for 20 countries.
  • Successful integration with different
    applications like SAP for finance and Workday for
    core HR information
  • Ease of data flow and processes across
    cross-functional business units
  • Updated statutory compliance
  • Smooth processing of last mile activities

The company offers grids offers grid automation,
grid integration, High voltage products and
Transformers to their customers in order for them
to manage their electricity needs in a
sustainable and economic fashion.
18
Client LEADING PROFESSIONAL SERVICES COMPANY
Key Business Challenges
Solution Offered
Key Business Benefits
  • Huge volumes of data to be frequently verified to
    process payroll for 90,000 employees
  • Bi-monthly payroll with 1000 pay elements,
    receiving around 2.4 Million interface records,
    with arrear processing for 14 cycles
  • Multiple iterations of checking and
    cross-checking due to absence of an automated
    system
  • Data for many payroll permutations (bi-monthly,
    1000 pay elements, etc.) sourced from multiple
    systems
  • Accurate Ramcos Artificial Intelligence infused
    Global Payroll solution detects payroll anomalies
    , processing high volumes of employee data and
    payroll with over 99 accuracy
  • Timely Automated payroll reduces efforts
    resulted in 93 reduction in the process time
  • Simple Easy Ramco Global Payroll streamlines
    and automates payroll processes- making the
    seemingly complex task look easy
  • Well-integrated Integrated with legacy
    applications, Ramcos Global Payroll solution
    covers over 1000 pay elements and extends the
    ability of the solution to develop 100 custom
    reports covering payroll controls, SOX
    compliance, statutory and much more.
  • Pay 90,000 employees every 15 days
  • Handle 900 pay components
  • Deal with 100K recurring pay components, 200K
    non-recurring pay components and 200K
    overtime-based inputs
  • Verify validate 500K records per pay cycle
    using automated processes
  • Accomplish all these in 5 days

It is an Irish-based multinational professional
services company that specializes in IT services
and consulting. A Fortune Global 500 company,
with approx. 700K employees.
19
Client LEADING HVAC COMPANY
Client Testimonial
Some of the benefits we saw from this payroll
transformation include better employee
experience. Employees now can resolve their
queries anytime, anywhere through mobile or their
laptop. AskPECA is our first line of defence, it
resolves most of our employee queries
automatically. This frees up the payroll teams
time to focus on data analytics and strategic
tasks. -Director of HR Shared service
Key Business Challenges
Solution Offered
Key Business Benefits
  • Managing payroll for multiple countries each
    having its own peculiarities and statutory
    requirements.
  • Managing payroll data for 14 countries in scope.
  • Handling Statutory compliance for 14 countries
    centrally.
  • Integration with multiple systems
  • Scope includes 14,000 employees across 14
    countries.
  • WD interface implemented for JCI including cost
    center data and bank payment data.
  • Payroll Managed Service
  • Countries configured using rule configurator.
  • Time Integration with ARS devices
  • Finance Integration with Oracle
  • Core HR integration with Workday
  • One system providing payroll and statutory
    compliances for all the countries
  • Single solution that meets all business needs for
    payroll.
  • Multi-country payroll for 14 countries on single
    platform
  • E-access to payslips through email and mobile app
  • Ramco chatbots helping employees in answering up
    to 70 of employee queries

It is a multinational conglomerate, headquartered
in Cork, Ireland. It produces fire, HVAC
(Heating, Ventilation, Air Conditioning) and
security equipment for buildings.
20
THANK YOU
contact_at_ramco.com www.ramco.com
Copyright 2023, Ramco Systems Limited.
Information subject to change. All rights
acknowledged. The contents and information
contained in this brochure are intended for
general marketing purposes only and should not be
relied upon by any person as being complete or
accurate. Ramco Systems Limited, its group,
employees, agents and other representatives will
not accept any liability suffered or incurred by
any person arising out of or in connection with
any reliance on the content of or information
contained in this brochure. This limitation
applies to all loss or damage of any kind,
including but not limited to, compensatory,
direct, indirect or consequential damage, loss of
income or profit, loss of or damage to property
and claims by third party.
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