Ramco’s Managed Payroll Services

Designed to efficiently administer your complex processes

Payroll administration is an onerous task involving tedious paperwork, records maintenance, information gathering, calculations & deductions, compliances, reimbursements etc. Yet, month after month this process needs to be carried swiftly and error free, as employee’s satisfaction is in stake.

By and large business rules of an organization and prevailing statutory norms determine the apportionment of the various components of the pay-slip. However, periodically there could be revisions as these rules are susceptible to changes swayed by competition, acquisitions and mergers, periodic statutory changes, and other industry-specific reasons. To efficiently administer this complex process, you need to have advanced technology and a separate department with skilled workforce that call for extra management and additional costs, which always increases year on year.

Managed Payroll services offer a great scope for process improvements, cost optimization and better resource redeployment. By outsourcing your regular, overwhelming payroll processing work, you can free your valuable resources to concentrate more on strategic issues and transform your organization from person driven to process driven entity. With rich experience in implementing Ramco HCM & Payroll application for large number of clients across the globe, Ramco’s venture into providing Managed Payroll Services has truly been noteworthy and Ramco has successfully crossed six years in this service.

Ramco’s Managed Payroll is a proven end-to-end solution for efficient and effective payroll processing. Ramco's Payroll engine consisting of Payroll, Taxes, Time & attendance, Leave management, Loans and Reimbursements and Self Service can comprehensively address your needs. The solution combines the power of Business Analytics and Workflow with the user-friendliness of the browser to deliver a world-class solution.

As a payroll practitioner you gain a fresh perspective to plan, organize, service and manage people for organizational transformation. We offer a flexible and reliable service that will ensure your employees are paid accurately, and on time. Adopting best business practices contributes to the elimination of duplication and waste. Without worrying about complex IT Infrastructure, Huge Capital investment on Proprietary Software or Skilled resources, you can leverage Ramco's BPO services for your entire Payroll requirements.

The Infrastructure

Ramco's Shared Services Center located in Chennai, India, has experts in areas such as HR, Taxation, Accounting and Payroll related statutory compliance. The center utilizes latest technologies to provide "Total Customer Experience". It can help you achieve a "self-service" model for your entire HR functions. We are convinced that the self-service approach will reduce the overall management cost as well as increase employee satisfaction through enhanced flexibility, accessibility and visibility. The point of failure is reduced by this method by collecting the data at source and not at multiple touch points that can lead to duplication. Further, our Shared Services Center's technology allows for better regional business intelligence by providing greater access to centralized data. Ramco’s Statutory compliance network is spread across India and helps you cater to any part of the country.

Ramco provides the Managed Services for UAE and ASEAN countries too.

Ramco Managed Payroll Services
Payroll Processing Income Tax Compliance Statutory/Compliance Provident Fund Employee State Insurance Professional Tax / Labour Welfare Fund Reimbursements		Investments Query resolution Separation Accounting ESS - Employee Self Service MSS - Management Self Service