Ramco Systems bags order from multinational BFSI company

Global enterprise software company Ramco Systems today said that it has bagged a multi-million dollar payroll transformation order from a "multinational banking and financial services" company.
The order would help consolidate its human resources and payroll operations across 14 countries in Asia and Middle East covering over 8,500 employees, a company statement said.
"Ramco will enable the BFSI major in consolidating its multi-country payroll on a unified platform and provide managed payroll services for its associates.", it said.
The scope of the contract includes providing payroll, taxes, time and attendance, leave management, loans and reimbursements.
"This win further reaffirms the strength in our Payroll platform to address multi-country statutory needs with ease", Ramco Systems, CEO, Virender Aggarwal said.

"By leveraging a platform as a service for managing payroll, the banking major will be able to drive standardisation, yet have the required flexibility at country level..", he said.
Part of the USD 1 bn Ramco Group, Ramco Systems has more than 1,600 people across 24 offices, it added.