Global Payroll

Smarter Payroll for Global EnterprisesTo manage complexities of statutory, taxes & payroll compliances for

Global Enterprises

70% of the world’s working population can now run on Ramco’s Payroll PlatformComprehensive HR Software- Core HR| Time & Attendance | Payroll | Talent Management | Recruitment | Planning & Analytics

RecognizesRamco Global Payroll as a “LEADER”

Need for Smarter PayrollExpanding 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

Cost Competitiveness driving shifts in Capital, Labor & Resources to Emerging Economies

Workforce Mobility across Global Markets with the rise of contingent workers

Complexities in outsourcing to multiple payroll vendors and challenges in monitoring compliance risks

Market Opportunity for a Unified Payroll Vendor

Organizations are drifting to unified payroll providers as they bring in structured governance, global reporting, achieve economies of scale , mitigate risks and remain single point of contact.

Question: Are you planning to expand your business into new global markets?

How important is achieving delivery through a single global vendor?

Question: If you were to select a new vendor for global payroll, what would be your top three criteria?

Source : Global Payroll Survey 2014 – One Year on and closer to reality by Ernst & Young

Ramco Global Payroll

Legally CompliantEnsures legal compliance at all levels

CTC Rule/Rule BuilderUse of CTC Rule/Rule Builder to configure pay elements

Global PayrollRamco Payroll serves 70% of the world’s population with Local language support

Payroll BureauDedicated Team for statutory

compliances

Easy IntegrationStandard Interfaces with

third party HRIS/Financial applications

Ramco GlobalPayroll

Ramco Payroll – Unique Features

Payroll Hub One single platform to complete all activities related to payroll with built in contextual intelligence

Ramco Genie Self healing and rectifying intelligent engine which identifies, suggest and resolves errors

Standard/Template based Product Comes with out of box predefined rules as per statutory requirements for different countries

Lightning Fast ProcessingIn memory multi agent technology based Engine (MINNAL) for faster in-memory processing

Automated System Frequently occurring activities run through batch process reducing manual intervention and making it Payroll services friendly

Rule Engine Giving power to end users to configure on their own with a visual interface to define rules

Ramco Global Payroll

Role-based Access

Mobility

ExtensionToolkit

Workflow

AdvancedReporting

Data Uploads

SOA-based Integration

Retroactive Pay & Increments

Financials Integration

Direct Deposit Automation

Gross & Net Pay Calculation

Country-specific Compliance*

Employee & Mgr. Self service

INDIA

MALAYSIA

SINGAPORE

AUSTRALIA

NEW ZEALAND

INDONESIA

PHILIPPINES

TAIWAN

THAILANDVIETNAM

SOUTH AFRICA

GHANANIGERIA

MOROCCO

UK*

GCC

YEMEN

SUDAN

IRAQ

EGYPT

UAE

SAUDI ARABIA

OMAN

PAPUA NEW GUINEA

HONG KONG

Note: Country locations depicted are indicative only

Ever growing footprint of our Global Payroll …

SOUTH KOREA

KENYA

1.2+ Mil. Pay slips processed monthly

APAC : 170KMENA : 140KIndia : 900KOthers : 15K

ALGERIA**

LIBYA **

TUNISIA**

SRILANKA**

CHINA**

EAST TIMORE

LEBANON**

JORDAN**

PayrollBureau

Country based Independent Consultants

Own Research Top 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

12

Perform the most frequent, most needed transactions through mobile phones Personal information

Leave

Timesheet

Paystubs

Expenses

Training requests

Hire requisitions

Mobility

Logically structured payroll – payset

hierarchy

Automated computations/ business

rules

Payroll readiness checksAutomatic mapping of employees to payroll

Employee-level overridesHold salary process/

disbursement

Diverse payroll :Multiple pay structures/ pay

frequencies/ statutory

1

Mid-cycle changesIncentives , Allowances,

Division-specific calculations

2

Missing/ incomplete information.

Missing employee mapping

3

Uninformed exits

4

RAMCO PAYROLL

Key CapabilitiesStandardization with tolerance for exceptions

VARIATIONS

STANDARDIZATION

EXCEPTIONS

SYSTEMATIZATION

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

Simplifying PayrollGeared Up for your Global Demands

Attendance & overtime

Paid time off/leave en-cashing

Tax

Awards & Rewards

Loans & Advances

Arrears & increments

Performance e-incentives

Expense claims & other benefits

PAYROLL

Simplifying PayrollGeared Up for your Global Demands

Simple & Contextual user interface

Hub It!Multiple stopovers make you tired before you get to your destination. Get everything you need to know and do @ a single place. 

Card based designCompose your own UI based on information needed. Shuffle them like a pack of cards.

23000 Employees 14 Countries Across Asia Pacific & Middle

East

US Fortune 10 Giant trusts Ramco for their Global Payroll

Thank you

contact@ramco.com