Ramco Global Payroll on a Single Unified Platform
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The document discusses Ramco's global payroll and time & attendance solutions, emphasizing its integration and compliance capabilities across various countries. It highlights the complexity of payroll systems, the shift towards global strategies, and the need for streamlined processes and real-time analytics. Additionally, it showcases Ramco's achievements, including industry recognitions and its innovative approach to payroll management.
Ramco Global Payroll on a Single Unified Platform
- 1. Global Payroll / Time & Attendance Global Payroll Integrated with Time & Attendance
- 2. Expanding Global Footprint Demand Stagnation in developed markets vs Huge Demand Potential in Emerging Economies Business Risks aligned with ever-changing regulatory compliances and their impact on market expansion Workforce Mobility across Global Markets with the rise of contingent workers Complexities in outsourcing to multiple payroll vendors and challenges in monitoring compliance risks Need for Smarter Payroll
- 3. LocalStrategyGlobalStrategy Multi-country statutory compliant solution Local payroll vendor Global comparative reporting Focus on local reporting Payroll as administrative job Integrated HR/ Finance Shared service strategy High Touch administration Low Touch solution Shift from Local towards Global Payroll Strategy…
- 4. Payroll Finance Core HR Time Management Planning & Analytics Employee Self-Service Are you trying to stitch point solutions for your local requirements ?
- 5. On cloud Multi tenant Unified reporting Real time analytics Phone to desktop Minimal Programming Intelligence embedded powered by Ramco VirtualWorks® Leveraging the latest 2.0 Ramco’s Suite of Enterprise Applications is made from a Single Fabric
- 6. Unified Solution on a common platform
- 7. PayrollTime & Attendance Country‐specific Compliance Gross & Net Pay Calculation Retroactive Pay & Increments Financials Integration Direct Deposit Automation Schedule Management Paid Time‐Off Management Time Entry Management Project Time Booking Absence & Overtime Tracking Solution Map - Global Payroll / Time & Attendance
- 8. Data UploadsAdvanced ReportingMobility Role‐based Access Extension Toolkit SOA‐based IntegrationWorkflow Enterprise Add‐ons Employee & Manager Self‐Service PayrollTime & Attendance Country‐specific Compliance Gross & Net Pay Calculation Retroactive Pay & Increments Financials Integration Direct Deposit Automation Schedule Management Paid Time‐Off Management Time Entry Management Project Time Booking Absence & Overtime Tracking Solution Map - Global Payroll / Time & Attendance
- 9. Ramco Global Payroll Legally Compliant Ensures legal compliance at all levels CTC Rule/Rule Builder Use of CTC Rule/Rule Builder to configure pay elements Template based Platform Out of box predefined rules as per statutory requirements for different countries In memory engine Lightning fast processing for bulk employees Easy Integration Standard Interfaces with third party HRIS/Financial applications Salient aspects of Ramco Global Payroll
- 10. MOROCCO GHANA NIGERIA EGYPT SUDAN SAUDI ARABIA YEMEN KENYA IRAQ UAE GCC OMAN INDIA SOUTH AFRICA AUSTRALIA NEW ZEALAND PAPUA NEW GUINEA INDONESIASINGAPORE MALAYSIA CHINA SRILANKA THAILAND TAIWANHONG KONG VIETNAM PHILIPPINES and 70+ countries through Partners USA AFRICA IRELAND UK EU Countries JAPAN SOUTH KOREA EAST TIMOR MYANMAR * Through Partner Network Ramco IRAN LEBANON CANADA Ramco’s Global Payroll footprint across 35+ countries
- 11. Payroll Bureau Country based Independent Consultants Own Research Top Tier Consultancy Firms- E&Y, PwC, Deloitte Partner with Taxation service providers Regular monthly updates w.r.t to Payroll related Statutory changes Services availed for specific assignments / projects Kept on minimum retention to ensure continuity Updates Cover entire ASEAN, ANZ Researching on Payroll rules and regulations for all the focus countries Managing other Service Providers Manage collaterals and information repository Validation of Payroll rules for countries with complex taxation regulations Inputs when developing payroll for new countries Advisory services on demand Payroll Bureau
- 12. Process period Payset Compensation Employment Details EMPLOYEE SETUP Employee-level exceptions New Hire Separation Promotion/ Transfer PAYROLL SALARY ACCOUNTING SALARY PAYMENT Country-specific tax computations Shift allowances Allowance for substitutes Holiday working E.g. Incentives calculated on different metrics/ basis Critical incident based Vs. typical performance rewards Simplifying Payroll Geared Up for your Global Demands
- 13. EXCEPTIONS Shift Deviations Time Deviations Employee Replacements Unplanned days off/ working days Overtime/Absence Payroll Attendance Processing Admin / Time office Holiday Master Timesheet ARS Interface Manual Entry Planned schedule Actual Time Shift Types Time Management
- 14. Low Touch Solution Simplification at core
- 15. Employees and managers can carryout their most frequent, transactions such as requests and approvals through mobile phones, including: • Personal information • Time off • Timesheet • Paystubs • Expenses • Training requests • Hire requisitions Simplify Access
- 16. Ramco supports SMS-based interactions for applying time-off and getting salary information Not everything needs a Smartphone
- 17. Your screen, your way Organize your homepage the way it works for you Contextualize for the User
- 18. Geo-Tagged Timesheets Enable organizations to accurately determine and tag employee timesheets with their locations – e.g. project/ client locations NFC-based Mobile Attendance Kiosks Enable disparately located employees to record attendance by scanning their NFC-based ID cards on a centrally-governed mobile device Scan NFC ID Cards Location marked Time Clock Contextualize for the Time/Location
- 19. Natural language processing to converse directly with your HCM system Sometimes even login to a system is a challenge when you are out “Mail it” No Login. No Apps. Just MAIL It
- 20. Multiple Activities Number of Screens Many Tasks / Actions to be performed a typical Payroll function Multiple stopovers make you tired before you get to your destination now lets Hub it Get everything you need to know and do @ a single place Stage-wise progress indicators Click on a status link to open the payroll dashboard Transactions impacting payroll that are yet to be closed. Payroll process progress indicators Global Payroll HUB
- 21. Manage payroll process by setting exception threshold values at each wage type (pay element) level Manage Payroll by exceptions
- 22. Employee Self-Service available in: Mandarin Arabic French Spanish Multi-language support across geographies
- 23. Helps in tracking employee time tracking exceptions Efficient employee overtime approval trackerReal time information made available on employee clock ins/ clock outs Time & Attendance (T&A) HUB
- 24. Select multiple employees and assign a particular shift with date ranges as well User friendly Ad hoc shift scheduling of employees Consolidated number of employees per shift per day; Helps in Resource planning Time & Attendance (T&A) HUB
- 25. HRIS Applications Workday Success factors Oracle SAP Financial Applications Infor Finnacle Oracle SAP Ramco Payroll/T&A Engine Savior Amano Kronos Honeywell Zecons TREAS Smart Link Attendance Management Systems Proven Integration Capabilities of Ramco Payroll
- 26. Ramco wins CIO HONOR award for Best Cloud HR & Payroll software NelsonHall recognizes Ramco as a LEADER in Global Payroll in their Leadership Quadrant Ramco wins Best HR Management & Payroll Software Award CIO Choice recognizes Ramco with Best HR & Payroll Software in India Awards & Industry Recognitions
- 27. Everest's Multi-country Payroll Platform Report Ranks Ramco In The “Achiever” Quadrant
- 28. We are a 20 year old startup With over 1600 entrepreneurs Innovating at a crazy pace Growing with a +ve bottomline
- 29. Copyright 2016, Ramco Systems Limited. Information subject to change. All rights acknowledged. The contents and information contained in this brochure are intended for general marketing purposes only and should not be relied upon by any person as being complete or accurate. Ramco Systems Limited, its group, employees, agents and other representatives will not accept any liability suffered or incurred by any person arising out of or in connection with any reliance on the content of or information contained in this brochure. This limitation applies to all loss or damage of any kind, including but not limited to, compensatory, direct, indirect or consequential damage, loss of income or profit, loss of or damage to property and claims by third party. contact@ramco.com ramco.com/hcm Ramco HCM So complete, yet refreshingly simple