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Third Quarter Fiscal 20-21 Results

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Digital Transformation, Inspired by Innovation – Annual Report 2020

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Fiscal Year 19-20 Highlights

Annual Revenue

USD81.03Mn

EBITDA

13%Growth YoY

Profit After Tax

USD1.45Mn

Million-Dollar-Plus’ Deals

21

Unexecuted Order Book (as on March 31, 2020)

USD166.55Mn
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In the world of business today, speed matters more than anything else, and Digital Transformation will be possible only when organizations are agile. Transforming operations will bring in operational excellence that will be driven by technology thus paving way for innovation and excellence. This is where Digital Transformation steps in. We, at Ramco, continue to emphasize on the fact that a true Digital Transformation is all about results that should be driving an improvement that is not just incremental but substantial. What was expected to become a need by 2025, has now become urgent and important.

Leading International, Property and Investment Group, Lendlease GOES LIVE on Ramco Global Payroll

Chennai / Sydney - October 21, 2020

Sydney, AUSTRALIA/ Chennai, INDIA – October 21, 2020 – Global Payroll platform cum managed services provider, Ramco Systems announced that it has successfully implemented its Payroll solution at Lendlease, a international property and investments group with core expertise in shaping cities and creating strong and connected communities.

Ramco has replaced Lendlease’s multiple aging payroll systems under diverse support models and several vendors, standardizing operations of 5000+ employees across Australia, Singapore and Malaysia.

This project marks one of Ramco Systems’ largest and most complex payroll transformations in the Australia region. Powered with platform driven automation, Ramco’s Payroll solution delivers accurate regional payrolls, improved overall payroll readiness and optimized processing time, thus enhancing user experience at Lendlease.

On go-live, Lendlease was able to see reduction in payroll processing time, automation of data, while third party and compliance reports were completely automated. On the integration front, Ramco also performed PECI-based Workday integration, integration with Kronos and Oracle R12, thereby enhancing its capability to deliver seamless data flow for Lendlease.

Virender Aggarwal, CEO, Ramco Systems, said, “With our track record of delivering successful payroll transformation around the world, Ramco is no stranger to replacing multiple legacy systems and streamlining manual processes for companies large or small. Infused with artificial intelligence and machine learning, Ramco Payroll has enabled Lendlease to consolidate its multi-country Payroll operations on a single platform. The implementation underlines Ramco’s versatility and commitment to simplify complexities of Payroll automation.” 

Complete with chatbots, voice, and facial recognition-based workforce management, organizations can deploy Ramco HR with Global Payroll on-cloud, on premise or leverage as a managed service. The multi-tenant architecture with embedded intelligence and device agnostics features now serves more than 500+ customers worldwide. With innovative concepts of Artificial Intelligence & Machine learning, Context-sensitive Pop-ups and Chatbots to carry out self-service, and Voice based HR transactions on Google Assistant & Alexa, Ramco has been setting the benchmark for Innovation in this segment. With statutory compliance across 50+ countries covering U.S., ANZ, Asia (including Japan & China), Middle-East & Africa, UK and Ireland, Ramco’s Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay, and Arabic among others.

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