Ramco Systems secures multi-million dollar payroll transformation contract

From British Multinational Banking & Financial Services company

Ramco Systems announced that it has won a Multi-million dollar Payroll Transformation order from one of the FTSE 100 constituent and British Multinational Banking & Financial Services company. Ramco will enable the BFSI major in consolidating its multi-country Payroll on a unified platform and provide Managed Payroll Services for its associates spread across 14 countries.

With Ramco's Global Payroll platform, the BFSI major will derive benefits of a unified payroll processing system which will effectively and efficiently handle operations of 8500+ employees across Asia covering Vietnam, Brunei, Bangladesh, Sri Lanka & Nepal; and the Middle East covering Iraq, Bahrain, Oman, Qatar, Saudi Arabia, Egypt, Lebanon, Jordan and UAE in Phase 1. The scope includes providing Payroll, Taxes, Time & Attendance, Leave Management, Loans and Reimbursements and Self Service.

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