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Ramco becomes India's first GST compliant Cloud ERP, ASP & GSP for Mid to Large Enterprises

Chennai - June 30, 2017

Chennai, India – June 30, 2017 – Ramco Systems, a global enterprise software company focusing on enterprise cloud platform, products and services announced that its cloud ERP offering can seamlessly enable organizations to comply with Goods Services and Tax (GST) regime which comes into effect in India from July 1, 2017.

Ramco is a GST Suvidha Provider (GSP) who is also a Cloud ERP and ASP provider thus able to give seamless transaction flow which brings efficiency and heightened data confidentiality to the complete process. Ramco recently became the only Asia Pacific-based cloud financial applications vendor to make it to the Magic Quadrant for Cloud Financials.

Benefits of Ramco ERP on Cloud for Extended Enterprises

- Improved Manufacturer-Dealer-Customer experience

- Flexible, customizable and scalable technology (Federated architecture) with lower TCO

- One comprehensive suite to manage all business operations – Finance, HR, Supply Chain

- Greater operating efficiencies and improved employee productivity

- Compliance to Regulatory needs and ability to realize input tax credit

Speaking on this, Virender Aggarwal, CEO, Ramco Systems, said, “Most businesses reach their end users through a value-add / distribution channel. In the GST-era, the ecosystem will benefit if every stakeholder is GST-compliant. Ramco ERP on Cloud is geared to address this statutory need holistically for a stakeholder with the ability to extend it across the value add network. With Ramco ERP on Cloud, customers will get the benefits of a comprehensive ERP solution coupled with the benefits of a scalable, flexible, and cost-effective cloud solution.”

Ramco ERP on Cloud equips customers with better visibility, tighter control and improved profitability. With options to be deployed both on premise and on Cloud, Ramco ERP is a SOA-based, multi-tenant solution accessible anywhere and on any device. Ramco’s focus on innovations in usability, context-awareness, mobility, overall flexibility, apart from comprehensive set of functionality has enabled smooth transition possible for customers to the GST-era.

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