Global Payroll Integrated with Time & Attendance Global Payroll / Time & Attendance
Need for Smarter Payroll 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
Local Strategy
Global Strategy
Shift from Local towards Global Payroll Strategy… Multi-country statutory compliant solution
Local payroll vendor
Low Touch solution
High Touch administration
Integrated HR/ Finance Shared service strategy
Payroll as administrative job
Global comparative reporting
Focus on local reporting
Are you trying to stitch point solutions for your local requirements ?
Planning & Analytics
Time Management
Employee Self-Service Payroll
Finance
Core HR
Ramco’s Suite of Enterprise Applications is made from a Single Fabric
On cloud Multi tenant Unified reporting Real time analytics Phone to desktop Minimal Programming Intelligence embedded
Leveraging the latest
2.0
powered by
Ramco VirtualWorks®
Unified Solution on a common platform
Solution Map - Global Payroll / Time & Attendance Time & Attendance
Payroll
Schedule Management
Gross & Net Pay Calculation
Paid Time‐Off Management
Retroactive Pay & Increments
Time Entry Management
Financials Integration
Project Time Booking
Direct Deposit Automation
Absence & Overtime Tracking
Country‐specific Compliance
Solution Map - Global Payroll / Time & Attendance Time & Attendance
Payroll
Schedule Management
Gross & Net Pay Calculation
Paid Time‐Off Management
Retroactive Pay & Increments
Time Entry Management
Financials Integration
Project Time Booking
Direct Deposit Automation
Absence & Overtime Tracking
Country‐specific Compliance
Employee & Manager Self‐Service Enterprise Add‐ons Mobility
Workflow
Role‐based Access
Extension Toolkit
Advanced Reporting
Data Uploads
SOA‐based Integration
Salient aspects of Ramco Global Payroll Legally Compliant
Ensures legal compliance at all levels
Easy Integration
Standard Interfaces with third party HRIS/Financial applications
Ramco Global Payroll
CTC Rule/Rule Builder
Use 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 engine
Lightning fast processing for bulk employees
Ramco’s Global Payroll footprint across 35+ countries and 70+ countries through Partners EU Countries
CANADA
IRELAND UK CHINA USA
LEBANON MOROCCO
EGYPT SUDAN
IRAQ
SOUTH KOREA
JAPAN
IRAN SAUDI UAE ARABIA GCC OMAN YEMEN
GHANA NIGERIA KENYA
INDIA
MYANMAR THAILAND
SRILANKA MALAYSIA SINGAPORE
HONG KONG VIETNAM
TAIWAN
PHILIPPINES
INDONESIA
AFRICA EAST TIMOR
PAPUA NEW GUINEA
AUSTRALIA Ramco * Through Partner Network
SOUTH AFRICA NEW ZEALAND
Payroll Bureau 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
Country based Independent Consultants
Researching on Payroll rules and regulations for all the focus countries Managing other Service Providers Manage collaterals and information repository
Payroll Bureau
Own Research
Validation of Payroll rules for countries with complex taxation regulations Inputs when developing payroll for new countries Advisory services on demand
Top Tier Consultancy Firms- E&Y, PwC, Deloitte
Simplifying Payroll Geared Up for your Global Demands
Shift allowances Allowance for substitutes Holiday working Country-specific tax computations Employee-level exceptions
PAYROLL Process period
Payset
Employment Details EMPLOYEE SETUP
Compensation
New Hire Separation Promotion/ Transfer
SALARY ACCOUNTING SALARY PAYMENT
E.g. Incentives calculated on different metrics/ basis Critical incident based Vs. typical performance rewards
Time Management Admin / Time office
Manual Entry
Holiday Master
ARS Interface
Planned schedule
Actual Time
Shift Types Timesheet EXCEPTIONS Shift Deviations Time Deviations Employee Replacements Unplanned days off/ working days
Attendance Processing
Payroll Overtime/Absence
Low Touch Solution Simplification at core
Simplify Access
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
Not everything needs a Smartphone
Ramco supports SMS-based interactions for applying time-off and getting salary information
Contextualize for the User
Your screen, your way Organize your homepage the way it works for you
Contextualize for the Time/Location Geo-Tagged Timesheets
NFC-based Mobile Attendance Kiosks
Enable organizations to accurately determine and tag employee timesheets with their locations – e.g. project/ client locations
Enable disparately located employees to record attendance by scanning their NFC-based ID cards on a centrally-governed mobile device
Location marked Time Clock
Scan NFC ID Cards
No Login. No Apps. Just MAIL It 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”
Global Payroll HUB
Payroll process progress indicators
Stage-wise progress indicators
Click on a status link to open the payroll dashboard
Manage Payroll by exceptions
Manage payroll process by setting exception threshold values at each wage type (pay element) level
Multi-language support across geographies
Employee Self-Service available in: Mandarin Arabic
French Spanish
Time & Attendance (T&A) HUB
Real time information made available on employee clock ins/ clock outs
Efficient employee overtime approval tracker
Helps in tracking employee time tracking exceptions
Time & Attendance (T&A) HUB
Select multiple employees and assign a particular shift with date ranges as well
Consolidated number of employees per shift per day; Helps in Resource planning
User friendly Ad hoc shift scheduling of employees
Proven Integration Capabilities of Ramco Payroll SAP Savior
HRIS Applications
Success factors
Amano Kronos Honeywell Zecons
Workday Oracle
Ramco Payroll/T&A Engine
TREAS
SAP
Smart Link
Infor Financial Applications
Finnacle Oracle
Attendance Management Systems
Awards & Industry Recognition Ramco wins
Ramco wins
for Best Cloud HR & Payroll software
Award
NelsonHall recognizes Ramco as a
CIO Choice recognizes Ramco with
in their Leadership Quadrant
in India
Everest's Multi-country Payroll Platform Report Ranks Ramco In The “Achiever” Quadrant
With over 1600 entrepreneurs
We are a 20 year old startup
Innovating at a crazy pace
Growing with a +ve bottomline
Ramco HCM So complete, yet refreshingly simple
[email protected] ramco.com/hcm
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.