globalpayroll integrated with time & · pdf fileintegrated with time & attendance. ......
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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
Lo
ca
l S
tra
teg
yG
lob
al S
tra
teg
y Multi-country statutory compliantsolution
Local payroll vendor
Global comparative
reporting
Focus on local
reporting
Payroll as administrative
job
Integrated HR/ Finance
Shared service strategy
High Touch administration
Low Touchsolution
Shift from Local towards Global Payroll Strategy…
PayrollFinance
Core HR
Time ManagementPlanning & Analytics
Employee Self-Service
Are you trying to stitch point solutions for your local requirements ?
On cloud
Multi tenant
Unified reporting
Real time analytics
Phone to desktop
Minimal Programming
Intelligence embedded
powered byRamco VirtualWorks®
Leveraging the latest
2.0
Ramco’s Suite of Enterprise Applications is made from a Single Fabric
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
Data UploadsAdvancedReportingMobility Role‐based
AccessExtension
ToolkitSOA‐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
RamcoGlobalPayroll
Legally CompliantEnsures legal compliance at all levels
CTC Rule/Rule BuilderUse 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 engineLightning fast processing for bulk employees
Easy IntegrationStandard Interfaces with third
party HRIS/Financial applications
Salient aspects of Ramco Global Payroll
MOROCCO
GHANANIGERIA
EGYPT
SUDANSAUDIARABIA
YEMEN
KENYA
IRAQ
UAEGCC
OMAN
INDIA
SOUTH AFRICA
AUSTRALIA
NEW ZEALAND
PAPUANEW GUINEA
INDONESIASINGAPORE
MALAYSIA
CHINA
SRILANKA
THAILAND
TAIWANHONG KONG
VIETNAMPHILIPPINES
and 70+ countries through Partners
USA
AFRICA
IRELANDUK
EU Countries
JAPANSOUTH KOREA
EAST TIMOR
MYANMAR
* Through Partner Network
Ramco
IRAN
LEBANON
CANADA
Ramco’s Global Payroll footprint across 35+ countries
PayrollBureau
Country based Independent Consultants
Own ResearchTop 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
Process periodPayset
CompensationEmployment
Details
EMPLOYEE SETUP
Employee-level exceptions
New Hire
Separation
Promotion/ Transfer
PAYROLL
SALARY ACCOUNTING
SALARY PAYMENT
Country-specific tax computations
Shift allowancesAllowance for substitutesHoliday working
E.g. Incentives calculated on different metrics/ basis
Critical incident based Vs. typical performance rewards
Geared Up for your Global DemandsSimplifying Payroll
EXCEPTIONSShift DeviationsTime DeviationsEmployee ReplacementsUnplanned 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
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
Ramco supports SMS-based interactions for applying time-off and getting salary information
Not everything needs a Smartphone
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
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
Payroll process progress indicators Stage-wise progress indicatorsClick on a status link to open the payroll dashboard
Global Payroll HUB
Manage payroll process by setting exception threshold values at each wage type (pay element) level
Manage Payroll by exceptions
Employee Self-Service available in:
Mandarin
Arabic
French
Spanish
Multi-language support across geographies
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
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
HRIS ApplicationsWorkday
Success factors
Oracle
SAP
Financial Applications
Infor
Finnacle
Oracle
SAP
RamcoPayroll/T&A Engine
Savior
Amano
Kronos
Honeywell
Zecons
TREAS
Smart Link
Attendance Management Systems
Proven Integration Capabilities of Ramco Payroll
Ramco wins
for Best Cloud HR & Payroll software
NelsonHall recognizes Ramco as a
in their Leadership Quadrant
Ramco wins
Award
CIO Choice recognizes Ramco with
in India
Awards & Industry Recognition
We are a 20 year old startup
With over 1600 entrepreneurs
Innovating at a crazy pace
Growing with a +ve bottomline
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.
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