Ramco Systems, a leading global enterprise solutions provider specializing in payroll technology, has announced the launch of Ramco Payce, a revolutionary platform-based payroll software, in Saudi Arabia. With Ramco’s two decades of exceptional performance in this domain, this new payroll solution is designed to transform how businesses in the KSA manage their payroll processes by leveraging cutting-edge technologies such as serverless in-memory computing, data analytics, artificial intelligence, and machine learning.
Ramco Systems held a launch event at the Sheraton Riyadh Hotel on Thursday, May 9, featuring key speakers from companies such as Cenomi Group, Almajdouie Holdings, and Tiqmo. Speaking at the event, Sundar Subramanian, CEO of Ramco Systems, emphasized the significance of Ramco Payce for businesses in the Middle East. “Ramco’s journey in the Middle East has been nothing short of remarkable, with the region becoming an integral part of our success story. Having garnered some marquee brand names, Ramco’s payroll solution has witnessed rapid growth in the region in recent years. With enhanced employee experience and global talent retention becoming the need of the hour, organizations are on the lookout for a payroll system that can simplify processes, ensure accuracy and compliance, thereby boosting employee satisfaction. Ramco Payce is here to transform payroll from a back-office function into a strategic tool that empowers workforce and drives business success,” Sundar said.
Payce offers upgrades on several fronts when it comes to payroll management and automation. With AI at its core, some of the intuitive features that Payce offers are an Anomaly & Reasoning Engine for payroll variances, country-specific prebuilt configurations for faster and hassle-free implementations, and an intelligent, personalised chatbot for any payroll-related queries. In addition, the availability of BinGo, an AI-powered reporting and analytics tool lets users get to build on-demand reports, dive into data, and gain real-time insights on the go.
Rohit Mathur, SVP & SBU Head, Global Payroll & HR at Ramco Systems, highlighted the key features that enable this. Mathur stated, “Ramco Payce will streamline and simplify the complex payroll processing, empowering organizations and payroll professionals with enhanced efficiency. With the capability to handle large data volumes within minutes, Ramco’s lightning-fast payroll processing, coupled with features like self-service reporting, no-code rule builder, and payroll workspaces, will redefine the landscape of payroll transformation.”
The launch of Payce in the KSA has further solidified Ramco Systems’ growing presence in the Middle East. Trusted by 500+ customers and with a global payroll coverage across 150+ countries, Ramco’s payroll solution is gearing up for its next growth phase. The company is poised to swiftly introduce Payce to businesses spanning various industries and regions in the Middle East. Earlier in the week, Payce held a launch event in Dubai, further emphasizing its accessibility to businesses.
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