Renesas Electronics Corporation Trusts Ramco

Business needs

Legacy Payroll system was not scalable and robust enough to handle complex requirements
Standalone leave and attendance management requiring lot of duplication and manual intervention leading to lot of errrs
Since the factory environment was having multiple shifts and rotation patterns, tracking employees across shifts was difficult
Reporting to management was tedious and time consuming
HR &roll team were occupied with transactional administrative work rather than strategic initiatives for the HR team

Fully integrated solution on a single platform
Time Evaluation and Performance Management processes are now fully automated and proessed online
Access to real-time reports and data access anytime is now possible with Ramco's web based solution
Fully automated attendance processing and time based allowances calculation
Automatic demerit points calculation in Performance appraisal based on tardiness

Renesas uses Ramco HCM for its manufacturing facilities in Malaysia (handling 2500 employees) and Singapore (handling 1000 employees)
Rensasdeployed Full Suite HCM to manage their HR & payroll activities
- Core HR - Organization Setup, Employee Details, Employee Movements, Grievance & Disciplinary Action, Benefits Administration (Claims)
- Time & Attendance Management - Schedule Management, Paid Time-odd Management, Time Entry Management, Absence, and Overtime Tracking
- Payroll - Gross & Net Pay Calculation, Retroactive Pay & Increments, Financials (integrate with SAP), Direct Deposit Automation (with Malaysia & Singapore Statutory)
- Talent Management - Competency Management, Performance & Goal Management, Succession Planning, Career Planning & Training Management
- Recruitment Management - Employee Onboarding, Talent Sourcing
Seamless Integration with time clock management in the factory