Focus remains strong in delivering innovative solutions: Ramco Systems

Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations

Ramco systems
Payce helps businesses streamline operations, boost productivity and stay competitive in a rapidly evolving digital landscape, he said | Photo: X@RamcoSystems
Press Trust of India Chennai
2 min read Last Updated : Jul 21 2024 | 10:20 AM IST

Ramco Systems was well-positioned to capitalise on the opportunity as demand for transformation continues to grow and focus remains strong to deliver innovative solutions that drive efficiency and productivity, a top official has said.

The focus of the city-based enterprise software product provider, remains strong to deliver innovative solutions that drive efficiency, productivity and competitive advantage for the clients, Chairman P R Venketrama Raja said.

"Businesses worldwide are significantly increasing their technology investments. Organisations are prioritising digital transformation initiatives, recognising that their competitive edge and value creation depend on effectively leveraging technology across processes, products, services and customer experiences," Raja said.

Ramco Systems was witnessing the beginning of a turnaround with several positive developments across operations.

"We have been working tirelessly to strengthen our core operations to seize new growth opportunities. Our strategic initiatives and investments are starting to pay off, signalling a promising future ahead," he said in the company's latest annual report.

Raja said one of the most significant milestones witnessed was the launch of payroll platform 'Ramco Payce' offering best in class AI enabled experience, with an easy to use rich user interface.

Payce helps businesses streamline operations, boost productivity and stay competitive in a rapidly evolving digital landscape, he said.

Observing that the efforts taken by the company was setting the stage for a sustainable growth, he said, "we have implemented financial strategies aimed at optimising our resources, reducing costs and enhancing revenue streams."

"At Ramco, we are committed to fostering a culture of operational excellence, customer satisfaction and business agility. We have undertaken significant efforts to modernise our technology, ensuring our solutions remain at the forefront of innovation and meet the ever evolving needs of our clients," he said.

He said the company was continuously upgrading its infrastructure by adopting latest technologies and enhancing product offerings.

"Our focus on research and development and continuous improvement is central to our strategy enabling us to stay ahead of industry trends and anticipate the needs of our clients," he said.

Ramco Systems CEO Sundar Subramanian said the company was actively driving the growth plans through continued modernisation and transformation.

"Our focus on the five key areas -- operational, financial, product, technical and customer is driving the transformation journey. By prioritising high quality implementation, consistent support and comprehensive managed services, we are building lasting partnerships and ensuring client satisfaction," he said.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Ramco SystemsCompaniessoftware

First Published: Jul 21 2024 | 10:19 AM IST

Next Story