Ramco HCM Suite
For Strategic Management of Your Most Critical Business Asset: The Human Resource.
Ramco HCM & Payroll Solution is the result of 15 years of Ramco's experience in the international Talent Management and Payroll Application space. With competency driven HR processes, business rule driven administrative and payroll processes, workflow, and user-definable security, it handles the employee life cycle in its entirety. With simplicity and usability at the core, Ramco HCM comes with built-in Analytics, and insightful dashboards. Customers can choose to implement the solution on premise, on Cloud or run it as a Managed Service offering. With 48 country payroll and integration to any standard ERP, Ramco HCM supports business goals such as talent management, business to HR alignment, self-service and statutory reporting. Our unified payroll platform helps customers maintain statutory compliance that arise out of regulatory, industry-specific and organization-specific environments.
With Ramco HCM, you are equipped with a whole new league of necessary tools and framework to manage your recruit-to-retire cycle, strategically, and transform your traditional HR functions into a comprehensive Human Capital Management (HCM) programme.
Ramco HCM enables you to draw the essential connect between "people practices" and organizational performance to create business value for all stakeholders across the board—right from your HR professionals and line managers to executives, and your entire workforce.
Ramco HCM can help step up the efficiency of your HR department and professionals and empower them to make sound business decisions using service records and performance data; focus more on strategy than the regular administrative activities and address employee complaints and grievances, effectively. Your Entire workforce can save time and enhance corporate profitability by accessing a single window for all their requirements.
Most importantly, the HR team and the management can gain critical insights into how your organizations' competitiveness and performance changed over a period of time by gauging employee performance levels, employee satisfaction levels, reasons for attrition, and so on. You can also leverage this data to make future strategies related to recruitment, retention, training and promotion of your most invaluable asset, i.e., your workforce.
Simplify Employee Credentials Management. Know Them Better.
This module of Ramco HCM makes it easier to manage employee records, systematically and comprehensively. The software allows you to capture 450 discrete pieces of information about the employee through pre-built functions. This sets the basis for all HR processes. You can record details related to their qualifications, family background, previous employment details, and track and map other areas of interest and skills. Based on these details, your HR team can manage and develop an internal talent pool, mapping employees' skills with the organization requirements and assign roles based on this evaluation, and plan training programmes to further hone their skills.
- Perform comprehensive and systematic employee records management.
- Know your employees better so that you can assign apt roles based on their skills and experience.
- Manage and develop you talent pool by proactively suggesting training programmes to groom them for key positions.
Ensure Your Employees Stay Smiling and Growing.
Appraisals are crucial for an employee, and the HR department plays a prominent role in successfully ensuring the same. Ramco HCM helps you automate your performance management process, increase performance transparency, foster widespread communication of enterprise strategies and align employee initiatives and goals with this function. Ramco HCM equips you to get a multi-dimensional view of the employee's performance. The HR management software module provides options for employees to rate themselves, while, providing options for other associated stake holders to rate them. With the system generated KRA/KPI, you can conduct a detailed competence assessment, focus on individuals and their development.
- Automate your performance management and assessment process.
- Assess employee performance, justly, through a 360-degree appraisal mechanism.
- Gain a multi-dimensional view of the employee's performance.
- Plan rewards and reforms based on the performance assessment results.
Be Precise with Employee Punctuality Measurement.
Tracking time and attendance of the employees is very important, because it forms the basis for many HR activities like payroll, administration, and so on. Moreover, it is very important that they meet the required time schedules. Ramco HCM helps you manage your employees' time and attendance data, effectively. You can ensure that employees record their work times using employee self-services, while you can centrally record all these data in the human resource management system.
- Ensure discipline by setting transparent time and attendance management system.
- With Ramco HCM have complete control over your employees' working hours
- View attendance records, anytime, to measure employee punctuality. Plan rewards or reforms, accordingly.
Compensation, Benefits & Reimbursements
Give Your Employees Error-free, Tailor-made Pay Packets.
Payroll processing is an important, and at the same time, complex process. You need to consider various parameters, comply with statutory norms, and check for discrepancies. Ramco HCM is packed with functionalities that enable you to comprehensively, yet simplistically, handle payroll processing. The payroll processing software allows you to create rules that exist in your organization, and define your business logic for Earnings, Deductions, Bonus, Arrears, Leave and Attendance, Taxes, statutory requirements and other important areas. Ramco HCM offers scope to cater a wide range of complexities and implement personalized pay packets. It can deal with multi-element, multi-decimal, multi-currency, and multi-payout payroll.
- Perform quick payroll readiness checks to preempt errors in payroll. Generate alerts on missing inputs, missed out employees, and so on.
- Easily define payroll exceptions at employee level or element level, which override the pre-defined computation logic for a specific process period or a range of process periods.
- Ramco HCM's multi-stage security architecture allows you to secure sensitive payroll-related data, thoroughly.
Design Inspiring Growth Paths for Your Employees.
Ramco HCM helps you to enable your employees climb the corporate ladder. It facilitates definition of the typical career tracks for the employee in the organization. Depending on the employee's competency, an appropriate career model may be selected.
- Define innovative, challenging and inspiring career models that motivate your workforce to go that extra mile and grow as a professional.
- Select appropriate career plans for all employees based on their competency and help them realize these milestones.
Empower Your Business with the Right People.
Hiring the right person is perhaps the most important responsibility of HR, and it involves hefty costs in the process. Ramco HCM software's end-to-end recruiting functions enable you to quickly find the right talent and build long-term relationship with current and potential employees at far lesser costs.
This software allows users to captures staffing requirements, collaborate with recruitment agencies, enter and shortlist profiles of potential candidates, schedule interviews, and rate and select applicants.
- Plan and execute the recruitment process in a streamlined manner.
- Reduce recruitment costs, and at the same time, acquire the best talent.
- Create a databank of suitable candidates that can be searched, filtered, updated, modified and used, as and when required.
Help Your Employees to Grow and Shine, Continually.
Ramco HCM takes care of the end-to-end training and development process of your employee, beginning from maintaining faculty, courses, modules and programs to maintaining the training calendar and recording participant assessment and faculty feedback, recording the participant feedback. Training needs are identified by matching job requirements with an employee's competencies, and analyzing qualification and skill-set gaps.
- Scientifically, identify training needs of employees to enrich employee with the right skills. Plan training programmes based on these observations.
- Maintain training calendar along with subject- and faculty-wise details.
- Record faculty and participant feedback.
Provide a Window for Tracking Travels and Related Expenses.
Ramco HCM's Travel Management feature provides your employees an end-to-end facility to manage their travel—from the time they plan their travel and solicit approvals to finally filing for expense claims for reimbursement. On the other hand, the feature provides supervisor and senior managers the window to view and approve/disapprove their team's travel plans and related expenses.
- Save time and effort by enabling self-service for travel planning
- Facilitate claim filing through self-service
Equip Your Workforce with the Right Competency Skills.
Ramco HCM effectively handles competency management by splitting competencies across three parameters—knowledge, skills and attributes—and applies them to different positions. This implies, there is a provision for maintaining an inventory of competencies. Both job-wise and position-wise mapping of competencies can be carried out and employees can be assigned positions based on a competency profile match. When there is a gap between the required level and the assessed level on the employee's position competencies, the HR team can suggest suitable development action.
- Perform detailed and objective job-wise and position-wise mapping of employee competencies.
- Indentify gaps between the required level and the assessed level on the employee's position competencies.
- Plan employee development strategies based on competency analysis.
Establish an 'Open' System. Capture Your Employee's Voice.
Ramco HCM helps in effectively managing employee grievances. This in turn helps improve the employee relationships at the work place. The system has the provision for employees to record their grievance. In the system, there is a provision for sending email alerts to the employees to whom the issue has been raised to. The employees receiving the raised grievance can record their response and record/provide resolution to the grievance.
- Provide a window to your employee to air grievances and get them resolved.
- Based on grievance reports, measure gaps existing in the organizational bureaucracy and plan corrective actions.
A Hassle-free Way to Automate Leave Records.
With Ramco HCM, leave management will never be a pain area for your business—neither for your HR team and managers, nor for your employees. Ramco HCM allows employees to holistically maintain leave data and information, apply for leave and get approval from their managers, online, through an extensive set of user-defined parameters available in the application. This saves time and hassle both for employees and their managers.
Your HR team can define leave rules for establishing an automated rules-driven work flow. Based on pre-defined criteria, the system easily allocates different types of leaves to employees, such as casual leave (CL), privilege leave (PL) and sick leave (SL).
- Establish a transparent and automated leave records maintenance system for the convenience of all stakeholders.
- Save time for employees as well as managers by setting up online leave application and approval system.
- Check leaves status, and tasks such as support encashment of leaves and leave payout on termination of employees (in Full and Final Settlement), at the click of a few buttons.
Loans & Arrears
Lend a helping hand to your employees in their hour of need.
Ramco HCM enables you to disburse, track and maintain loans and advances recovery deductions given to your employees. You can benefit from the user definable interface, which features multiple options. The loan and funds function of Ramco HCM supports loan recovery and fund deductions. You can effectively recover loans with EMI options, recover systematically and maintain history of loan balances employee–wise.
- Pre-define loan eligibility criteria.
- Automate loan recovery process.
- Maintain employee-wise loan balance records.
Employee Self Service
Provide an Exclusive Window to Employees.
Ramco HCM provides access to employees to directly record and access their personal and payroll related details, such as details pertaining to appraisal, payslips, time-sheet bookings, leave application, IT support, and other basic tasks. Your on-site employees can also access the HCM software, record time spent on projects and assignments, and other business activities. Ramco HCM enables you to reduce considerable time and efforts required to administer such regular HR activities, and increase profitability.
- Enable time savings for your HR team by making employees self-reliant.
- Provide employees an exclusive and personal facility to record and access information related to self and payroll, independently.