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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 launches Payroll Software for Japan

Chennai - June 8, 2017

Chennai, India – June 8, 2017 – Ramco Systems, the global HR and Payroll software provider on Cloud and Mobile, announced the launch of Japan Payroll software on its Global Payroll engine. The highly configurable payroll solution available in both English and Japanese language comes with capability to handle Social and Labour Insurance contributions for all states, Resident tax and reporting, bonus tax, among others.

Complete with chatbots, simplified User Experience, and an intelligent In-memory based engine which identifies, suggest and resolves errors; Ramco Global Payroll has compliance across 40+ countries and comes integrated with Core HR, Time & Attendance, Talent Management, Recruitment and Analytics.

Virender Aggarwal, CEO, Ramco Systems, said, “Growing number of multinationals are looking at consolidating their operations spread across multiple countries on a unified platform. Our success in addressing Fortune 500 and MNCs and drive to strengthen our APAC Payroll coverage led to the addition of Japan Payroll. We are confident that Japanese MNCs will benefit significantly from Ramco’s highly configurable and Innovative platform, which will help streamline their national expansion by automating company-wide payroll and administrative processes.”  

As one of the largest economies of the world, Japan ranks amongst the world’s most innovative countries having a strong electronics and automobile manufacturing hub. With its multi-country Payroll platform, Ramco aims to address both Japanese and Multinational companies looking to automate Payroll operations while enabling them manage both domestic and expatriate staff on a single unified bilingual platform. Some of Ramco’s global clients are already in the process of implementing Japan Payroll for their operations.

Robotic Process Automation (RPA) in payroll is driving organizations to automate repeatable rule-based transactional tasks such as Payroll processing. The Global Payroll market is witnessing tectonic shifts in technology adoption and we are excited to be at the forefront driving this change” added, Aggarwal. 

With options to deploy on-premises, on cloud or as a managed service, Ramco Global Payroll software has a comprehensive coverage of APAC, Middle East and Australia covering countries such as Hong Kong, China, Philippines, Thailand, Indonesia, Singapore, Malaysia, Vietnam, India among others in APAC; all of GCC and Egypt, Nigeria, Ghana, Sudan, Republic of S. Africa, in Middle East-Africa; Australia, New Zealand, United States and UK.

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