Ramco Managed Payroll Services

Finally, a payroll service that's simple enough for the employer and employee

Outsourcing your payroll could be one of the best decisions that your company ever takes. That's because choosing to do the payroll function in-house can be a real killer of time, effort and money.

Ramco Managed Payroll Services is a proven end-to-end solution for efficient and effective payroll processing, Ramco's Payroll engine consists of Payroll, Taxes, Time & Attendance, Leave Management, Loans and Reimbursements and Self Service. The solution combines the power of Business Analytics and Workflow with the user-friendliness of the browser to deliver a world-class solution. Over the last six years, Ramco has provided Payroll services for a large number of clients across the globe.

Ramco's Shared Services Center has experts in areas such as HR, Taxation, Accounting and Payroll related statutory compliance. Utilizing the latest technologies to provide a "Total Customer Experience", the Service Center helps you achieve a "self-service" model for your entire HR function. Not only will this reduce the overall management cost, it will also increase employee satisfaction through enhanced flexibility, accessibility and visibility. By collecting the data at source and not at multiple touch points, duplication and point of failure are reduced.

Take advantage of our rich offerings

By the virtue of Ramco using its own Payroll application that is running successfully in hundreds of enterprises and BPOs across the globe, it will provide you with:


  • Services Offered
  • Benefits
  • The Ramco Advantage
  • Payroll Processing
  • Income Tax Compliance
  • Statutory Compliance
    • Provident Fund
    • Employee State Insurance
    • Professional Tax / Labour Welfare Fund
  • Reimbursements Processing
  • Investments
  • Query resolution
  • Separation
  • Accounting
  • Employee Information:
    • E-Leave
    • E-Claims
    • E-Tax Declaration
    • E-Flexi-benefit plan
    • E-Payslip

Free your operational resources

By outsourcing your regular payroll processing work, you can free up your valuable resources to concentrate more on strategic issues.

Reduce costs

Several analyses by leading research firms indicate that in the long run, direct costs accrued by companies for processing their payroll in-house are much higher than the cost of outsourcing it.

Pay accurately and timely (month/quarter/ yearly)

Ensure your employees are contented with their pay slips by paying them accurately and on time. The Self-Service Electronic Pay Slip relieves you of the responsibility of providing employees with a hard copy of their pay slip, since they can view or print their pay slip via an internet connection.

Access and benefit from world-class technology, people and processes

Ramco's HR & payroll professionals are constantly working on next-generation applications with constant feature enhancements and upgrades. This enables you to access quality services with speed and accuracy. Moreover, robust, mile-stone based processes for project management, migration, delivery, and reporting minimizes the effort of tracking constantly changing rules and forms.

Comply with prevailing norms

Ensure that your payroll process is compliant with statutory deductions such as professional tax and income tax. It also allows you to make timely payments to the concerned authorities, thereby avoiding penalties.

Innovate and Integrate

Ramco's solution can be integrated to a host of third-party standard ERP/HR /Time & Attendance systems. This means that you can access and benefit from our payroll solution, while retaining your existing systems and processes.

Scalability

Keep pace with your growth plans without worrying about additional manpower, technology or infrastructure needs.

Quick Changes

Keep abreast of process changes and statutory requirements within short notice.

Process Consistency

Enjoy all the benefits of seamless process consistency and accuracy, resulting from end-to-end automation in payroll computations and operation.

Workflow

Benefit from business-requirement-driven workflow rules for all self-service options:
  • Authorization
  • Re-routing
  • Escalation

Anytime Anywhere Access

Being a browser-based application that can be accessed from any system, it does not require any component to be installed on your system. Employees and supervisors can access self-services options from any system including their home PC. Users will be able to access only those functions for which they have the rights.

Certification

Ramco is ISAE 3402 (SAS 70 type II) compliant and ISO 9001:2008 certified.

Top-notch data Security

In-house, multi-directional, multi-level security ensures utmost data safety.

Global Presence

Ramco has a strong global footprint with presence across 35 countries around the world.

Integration with Legacy Systems

Ramco ERP integrates easily with all SAP and Oracle based applications. Its flexible and modular platform also allows it to integrate easily with other in-house legacy systems.

Insightful Reports

You can access defined and customized reports or any adhoc report at a faster turnaround time. This in turn helps customers make informed decisions.

Round-the-clock Support

Ramco offers unprecedented support in over 35 countries. Ramco's helpdesk channels include:
  • Onsite Helpdesk (after the pay slip disbursal on a monthly basis)
  • Dedicated phone lines
  • Dedicated email support
  • Online support using a web ticket system

IP3 Framework

World over, we are among the very few companies who have the (IP3) framework advantage. This framework helps organizations to switch models; from BPO to Licensing to Hosting.

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Ramco HCM

Ramco HCM has enabled several companies across the globe to manage their workforce in its entirety. Ramco HCM runs in 34 countries, with 195+ customers across 740+ locations. Over 800,000 customer employees worldwide receive their paychecks through Ramco's HCM.

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