Ramco Systems positioned as a Major Contender in Everest Group’s PEAK Matrix™ for Multi-Country Payroll Platform (MCPP)

Deepthi | Myequity news | Date : 04-03-2019 14:45:00 IST

Ramco Systems, global enterprise software provider, has made its maiden entry into Everest Group’s Multi-Country Payroll Platform (MCPP) PEAK Matrix™ Assessment and Service Provider Landscape 2019 as a Major Contender payroll platform vendor globally.

Examining the dynamics of the MCPP provider landscape, Everest Group assessed 11 MCPP service providers in terms of their market impact, vision & capability. Ramco’s thrust and focus on building Innovative features including the focus on Artificial Intelligence & Machine Learning powered Global Payroll Engine, Mobility, Chatbots, Voice and much more has been a game-changer ensuring a prominent place as a Major Contender in the PEAK Matrix™.

Citing Ramco’s key strengths, Everest Group’s Practice Director, Anil Vijayan notes – “Ramco's investments in digital technologies such as chatbots, in combination with its suite of end-to-end solutions, including HCM and T&A have garnered it considerable success in the market. Its focus on enhancing its sophisticated payroll platform with extensive and employee-centric features, including MailIT, which enables transactions entirely through email, positions it well to address the evolving needs of the buyers.”

According to Everest Group, the Multi-country Payroll Outsourcing (MCPO) market is among the most competitive and fastest growing markets in the HRO (Human Resource Outsourcing) space. Multi-country Payroll Platform (MCPP), the cornerstone of this market is fast becoming a differentiating element in providing a truly global payroll experience.

Commenting on the recognition, Virender Aggarwal, CEO, Ramco Systems, said, “Unlike most Payroll Outsourcing vendors, we started our journey by building a platform and offering our services on top of it. With a coverage of all of Asia, Australia and Middle East on a single platform coupled with latest technology enablers like Chatbots and Machine Learning, customers get a complete package that is truly Next-Gen. Our entry into Everest Group’s Multi-Country Payroll Platform (MCPP) PEAK Matrix™ is a testament to our consistent efforts in offering a unified payroll experience that not only provides visibility to costs and data reporting, but also offers clients, an engaged and empowered workforce.”

About Ramco Systems:

Ramco is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and Global Payroll, ERP and M&E MRO for Aviation.

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