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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.

Ramco Global Payroll now on Cloud with Statutory for Middle East, Asean and parts of Africa

Chennai - February 26, 2015

Chennai, India – February 26, 2015 – Ramco Systems, a leading enterprise cloud software provider on Cloud, Mobile and Tablets, today announced the addition of Payroll software capability for Iraq, Yemen and Morocco. With this, Ramco HCM (Human Capital Management) with Payroll becomes tax compliant for Middle East, Asean and major parts of Africa.

Global MNCs and organizations with multi-country operations face severe difficulties in managing Payroll and complying with local statutory needs of the country of operation. Ramco’s cloud Payroll software has evolved to address 35+ countries including India, Philippines, Thailand, Taiwan, Indonesia, Singapore, Malaysia, Vietnam among others in ASEAN; all of GCC and Egypt, Nigeria, Ghana, Sudan in Middle East-Africa; Australia, United States and UK.

Ramco’s Payroll solution helps handle complex Payroll and Tax matters on a single unified platform that can be automatically calibrated to comply with different jurisdictions.

Commenting on this, Mr. Virender Aggarwal, CEO, Ramco Systems, said, “The addition of Iraq, Yemen, and Morocco related Payroll to Ramco HCM offering underscores our determination to offer a complete solution to clients. While the addition of Morocco, a major tourist destination, with many hospitality related corporations, opens up the North African market for Ramco HCM, we will also get to address Oil & Petroleum corporations holistically with the addition of Iraq and Yemen.”

Ramco HCM is a comprehensive HR & Talent Management solution with multi-country Payroll available on cloud as well as on-premises. Since the global launch of its cloud based HR software, Ramco has added on an average one customer a week including leading Fortune 100 and multinational brands across the globe.

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