Ramco HCM on Cloud
Ramco Managed Payroll Services
Finally, a payroll service that's simple for both the employer and employee.
Outsourcing its payroll could be one of the best decisions a company ever takes – 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 an 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 a user-friendly browser thus delivering 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 total management cost, it will also increase employee satisfaction through enhanced flexibility, accessibility and visibility.
Take advantage of our rich offerings
Ramco uses its own Payroll application that is also running successfully in hundreds of enterprises and BPOs across the globe, it will provide you with:
- Payroll Processing
- Income Tax Compliance
- Statutory Compliance
- Provident Fund
- Employee State Insurance
- Professional Tax / Labour Welfare Fund
- Reimbursements Processing
- Query resolution
- Employee Information:
- E-Tax Declaration
- E-Flexi-benefit plan
Free your operational resources
By outsourcing your regular payroll processing work, you can free up your valuable resources to concentrate more on strategic issues.
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 content with their pay slips by paying them accurately. 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.
The Ramco advantage:
Keep up with your growth plans without worrying about additional manpower, technology or infrastructure needs.
Keep abreast of process changes and statutory requirements within short notice.
Enjoy all the benefits of seamless process consistency and accuracy, resulting from end-to-end automation in payroll computations and operation.
Benefit from business-requirement-driven workflow rules for all self-service options:
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.
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.
Ramco has a strong global footprint with presence across 45+ 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.
You can access defined and customized reports or any adhoc report at a faster turnaround time. This in turn helps customers make informed decisions.