Ramco HCM on Cloud
Expansion and profitability have always been the points that drive any business, but both are hard to get! This is especially true in the Professional Services industry, because this sector is both highly populated and competitive on a global scale. The underlying characteristic of the industry is forcing companies to move up the value chain, incorporate best business methods, predict and analyze near-term requirements, optimize costs, scout perpetual revenue generation opportunities, and truly become a 'global company with a local focus'.
Being in the Professional Services sector for years has helped Ramco understand every aspect of the industry, thereby enabling it to develop its Services Resource Planning (SRP) solution to perfectly suit the needs of service industry —scaling every nuance of business' operations, processes and strategic needs. Ramco delivers integrated enterprise solutions that can boost an organization’s ability to hire, train and retain workforce, implement projects efficiently, manage finances comprehensively and provide superior customer service levels.
Ramco SRP provides an end-to-end solution for customers of service industry by tightly integrating key functions such as HR and Finance with Project Management. Its core functionality is project based billing where projects can be Fixed Bid/Milestone or Time & Material (T&M) in nature. SRP is also equipped with built-in adaptors to integrate with project management tools such as Microsoft Projects and Primavera. It further provides comprehensive project tracking with revenue recognition. SRP has a unique resource management feature which allows an organization to effectively optimize its resources across multiple assignments. Inorder to cater to enterprise level customers, it supports multi-company, multi-currency configuration with global consolidation.