Ramco Services Resource Planning (srp)
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The document provides an overview of Ramco Systems' ERP solution tailored for the services industry, emphasizing the specific needs related to resource management, project tracking, billing, and profitability analysis. It details various integrated functionalities such as contract management, procurement, financials, and workforce management, highlighting the importance of real-time data and analytics. The solution aims to streamline operations across multiple currencies and locations while enhancing collaboration and communication among teams.
Ramco Services Resource Planning (srp)
- 1. 1 Services Resource Planning-Product Overview
- 2. 2 All Rights Reserved. © Copyright 2013. Ramco Systems. Capital vs. Human Asset 2 Are we trying to solve problems of a Human Asset intensive industry with an ERP designed to address Manufacturing needs?
- 3. 3 All Rights Reserved. © Copyright 2013. Ramco Systems. Services Industry has specific needs 3 ITeS/KPO • Outcome / Output based accounting • Process view as against Project • Rate cards • Resource visibility and demand and supply management • Contract and Rate Card Management • Consultant Management • Supplier Direct Invoicing Consulting • Resource Management • Accruals • Tracking DSO • Multi-Country / Multi-Currency operations • MIS Dashboard IT Services Staffing • Reconciliation and Billing challenges • Bulk handling – Recruitment / Payroll • Addressing multiple end-customer operations
- 4. 4 All Rights Reserved. © Copyright 2013. Ramco Systems. And have a Hairball solution With multiple points solutions 4 OPERATIONS CRM ANALYTICS HCM PROJECT MGMT. FINANCE INVENTORY Integration issues can be a serious drain… and information integrity… ‘Questionable’
- 5. 5 All Rights Reserved. © Copyright 2013. Ramco Systems. Imagine an integrated solution for Services Industry … 5 1 Contract based work – T&M, Milestone engagements 2 Managing Multiple currencies, multiple countries, multiple projects 3 Managing resource allocations and their time 4 Workflow for approvals with exception limits 5 Service billing for right amount at the right time based on timesheet 6 Customer based invoice formats 7 Profitability at various dimensions like Business segments, region, employee levels
- 6. 6 All Rights Reserved. © Copyright 2013. Ramco Systems. Ramco now offers … 6 ERPSServices Resource Planning
- 7. 7 All Rights Reserved. © Copyright 2013. Ramco Systems. The Solution 7 Project Mgmt. & Tracking Sales Procurement HCM & Payroll Financials Contact to Contract Requisition to Release Execution to Billing Quote to Cash C2C R2R E2B Q2C
- 8. 8 RAMCO SERVICES RESOURCE PLANNING – PRODUCT GUIDE Procurement Inventory Professional Services Finance & Accounting HCM Project Management Resource Management Timesheet Management Milestone Management Project Expense Management Project Budget Procurement Administration Sourcing & Purchasing Services Contract Inventory Administration Warehouse Management Revenue Recognition Workforce Management Recruitment Talent Management Employee Development Payroll & Benefits Planning General Accounting Receivables Management Payables Management Fixed Assets Management Management Accounting C2C E2B Consolidation Enterprise Add-ons Data UploadsEmbedded Workflow Analytics eSignature Device Integration SOA Integration / Collaboration Advanced Reporting Powered by Ramco VirtualWorks® Mobility Extension Toolkit Wizard Interface Advanced Planning & Optimization Product Guide Rev. 23NOV2012 Workforce Planning Q2C R2R Services PO Project Controlling & Profitability Project Asset Accounting C2C – Contact to Contract E2B – Execution to Billing Q2C – Quote to Cash R2R – Requisition to Release Lead Management
- 9. 9 All Rights Reserved. © Copyright 2013. Ramco Systems. Contact to Contract - addresses the cycle from Sales till Contract 9 Capture end to end activities to track the sales cycle from C2C Full cost estimation & profitability simulations Maintain Contracts, Terms, Billing Schedules Manage customer engagement events , issues, & communication Seamlessly hand off to execution and stay linked on delivery Analyze Pipeline and Opportunity status Track service line success rates Have complete Account Status visibility Forecast Order Booking, Revenue, Resource Demand MSA SOW Rate Card Milestones … …
- 10. 10 All Rights Reserved. © Copyright 2013. Ramco Systems. Requisition to Release – Manages your resources optimally 10 Skill and resource inventory Demand consolidation across Projects, Pipeline , Forecast Supply Visibility internal & external Real time Resource Disposition view Hiring Plan integrated with Demand Gap Demand Supply Analysis Resource and Infrastructure Utilization Bench/Capacity gap analysis Resource forecast
- 11. 11 All Rights Reserved. © Copyright 2013. Ramco Systems. Execution to Billing – streamlines your project operations & accruals 11 Planned versus actual Costing Real-time Project profitability Cash Flow Projections and Residual efforts Alerts and Events Project revenue analysis Execute to bill for T&M, Fixed Bid, Milestone Based work delivery Plan and track performance against milestone and schedules Book Times and report Work Completion, take them through approval workflows Consolidate & Work / Time reporting and Generate Invoices with one click egrate with Project Management: MS Project, Primavera, for detailed scheduling and control
- 12. 12 All Rights Reserved. © Copyright 2013. Ramco Systems. Quote to Cash – Quantifies and help realize your earnings 12 Profitability at Group, BU, LOB, and Delivery Center Level AR, Ageing, DSO drillable to Sales Persons, Projects Cash flow simulations for Project scenarios Cost Controlling against Budgets Revenue Recognition in line with IFRS & US/Indian GAAP Multi Currency transactions in a project Multi Finance Book, Multi Company Transactions and Consolidation Integrated Accounting with Receivables and Payables Budgetary Controls on Project Expenditure with Role Specific override facility
- 13. 13 All Rights Reserved. © Copyright 2013. Ramco Systems. Role Based Dashboards 13 • Billing & Collection • Manpower deployment plan • Residual Effort • Project status review • Time booking • Project Review Status • Order Booking per quarter – multi dimensional • Time booking planned vs actuals • Residual Efforts per project • Monthly Billing • Collection past due • Revenue booking details • Geo –wise cost & revenue • Revenue – Multiple dimensions LOB, department • Quarterly Performance • Revenue & cost – geo & quarter wise • New Customer & Sales • DSO • Margins Executive Management Finance PMO Project Manager
- 14. 14 All Rights Reserved. © Copyright 2013. Ramco Systems. Key Differentiators 14 Project Management tightly integrated with HCM & Financials Comprehensive Project Tracking with revenue recognition Support for both Milestone and T&M based project model Optimized Resource Utilization across Projects Multiple Currency, Multiple Company & Multiple Location Configuration with global consolidation Multiple Rate Cards Configuration Integration with MS-Project/Primavera
- 15. 15 All Rights Reserved. © Copyright 2013. Ramco Systems. The MUSIC behind SRP 15
- 16. 16© Ramco Systems www.ramco.com Mobility – Transactions on Mobile
- 17. 17 All Rights Reserved. © Copyright 2013. Ramco Systems. Workspaces – One screen does it all 17 Recruiter HR Manager Project Manager Employee Finance Manager Supervisor Analy&cs Visualiza&on Transac&on Op&miza&on Role-‐Based WorkSpaces
- 18. 18 All Rights Reserved. © Copyright 2013. Ramco Systems. 18 Casual Leave Privilege Leave Transactional Analytics Transaction History Actual Data Entry Common Actions Frequently Accessed Functional Groups
- 19. 19 All Rights Reserved. © Copyright 2013. Ramco Systems. Wizard Interface 19
- 20. 20 All Rights Reserved. © Copyright 2013. Ramco Systems. Making Business Social – using Online Collaboration 20 • Common platform for resources working on a project to discuss and share ideas • Interactive knowledge sharing mechanism • Enhanced resource productivity and teamwork • Task assignment made quick and easy • Option to share a task among team members • Helps stay connected with customers
- 21. 21 All Rights Reserved. © Copyright 2013. Ramco Systems. Workforce Management aligned to business needs 21 Loca&on Based QR Code Google Maps Loca&on Based NFC Cards Phone as a Kiosk
- 22. 22 All Rights Reserved. © Copyright 2013. Ramco Systems. Global payroll aggregation now with in-memory power 22 Employee Level Exceptions Payroll Payset, Process Period, Compensation, Emplacement Details Employee Setup New Hire Separation Promotion / Transfer Salary Accounting Salary Payment Performance Incen&ves Country Specific Tax Expense Claims & Benefits Paid Time Off / Leave Encash AQendance & Over&me Loans & Advances Awards & Rewards Arrears & Increments 40+ Countries Payroll India APAC Australia MEA UK USA
- 23. 23 All Rights Reserved. © Copyright 2013. Ramco Systems. MINNAL - In-memory processing engine 23 World’s Largest Staffing Company India’s Operations – 85 Branches, 110,000 Associates, 1,500 Clients Bulk Payroll Processing in the window 21st to 5th of the months Tremendous rush to run Payroll to simulate Invoice Generation Huge volumes lead to processing capacity outages A Job that usually took was completed in 0 1 3 1 2 6 hrs min sec 0 0 0 4 0 2 hrs min sec
- 24. 24 All Rights Reserved. © Copyright 2013. Ramco Systems. Context Aware Analytics 24
- 25. 25 To handle multiple divisions with diversified business process Able to manage multiple businesses staffing, recruiting, engineering services with a single solution and flexible enterprise modeling. Client specific invoice formats made their life easy
- 26. 26 Managing multi-currency, multi-location operations through multiple disparate systems. Time sheet based billing Flexible taxation, timesheet integrated with billing gave an edge and improved their end to end operations.
- 27. 27 Handling multiple disparate solutions, generating complex billing mechanism Rate card configurator gave a huge relief through automated billing Handling multi country and multi currency reduced the reconciliation efforts drastically
- 28. 28 Their HR Services are Project specific – leave, benefits, and payroll are tuned to the project at hand KPMG has been using it successfully for 3 years and believes that the level of automation / accuracy has increased.
- 29. 29 Unique business processes, handling over 1500 client’ invoices & 50,000 associate’s payroll Successfully connected all 75 branches across India Invoice and Payroll run successfully for 150,000 employees every month
- 30. 30© Ramco Systems www.ramco.com On-PremisePublic Cloud Private Cloud A Perfect Solution for You!
- 31. 31 All Rights Reserved. © Copyright 2013. Ramco Systems. Thank you 31
- 32. 32 Thank you