HRO Insight blog
Please visit NelsonHall's HRO Insight blog for further updates from our analysts daily
Ramco - Payroll Services 2023
Vendor Analysis
published on Aug 29, 2023
Access to this report is restricted to logged in clients with access. Login to get full access
Report Overview:
This NelsonHall vendor assessment analyzes Ramco's offerings and capabilities in Payroll Services.
Who is this Report for:
NelsonHall’s Payroll Services profile on Ramco is a comprehensive assessment of Ramco’s offerings and capabilities, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of Payroll Services and identifying vendor suitability for security services RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the Payroll Services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of Ramco’s Payroll Services offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Ramco Systems (Ramco), part of the Ramco Group of companies, which collectively represent ~$11.3bn in revenues, has ~16k employees, is headquartered in Chennai, India, and is a provider of artificial intelligence and machine learning-infused ERP software and services, including:
- HR and global payroll software and services
- Aviation, Aerospace, and Defense systems and services
- Enterprise Resource Planning (ERP) systems
- Logistics software
- Services resources planning which offers ERP for the services segment (staffing and contract workforce management).
Ramco supports ~1k clients and has ~2k employees across 30 offices. Ramco Systems was formed in 1992 as the R&D division of Ramco Industries Limited.
Ramco has ~25 years of experience delivering payroll technology and services, and its payroll business has ~500 clients, and supports ~2.6m pay slips monthly through its proprietary cloud payroll platform. The platform is configured to support ~60 countries and covers ~90 countries through its partner network. The company is working towards a ‘Zero UI’ experience, infusing intelligent technologies throughout its enterprise applications leveraging artificial intelligence and machine learning by design.