LAS VEGAS and CHENNAI, India, Oct. 20, 2015 /PRNewswire/ -- Ramco Systems, a leading enterprise software provider on Cloud, Mobile and Tablets, today announced the launch of its HCM (Human Capital Management) offering for the U.S. market, at the HR Tech Show 2015, in Las Vegas.
Ramco HCM is a comprehensive solution that covers Workforce Management (including Core HR and Time & Attendance), Recruitment, Talent Management, Employee Development, Workforce Planning and Global Payroll. The new-age HR application which can be deployed on Cloud or On-Premise, with built-in mobility integrates all the HR functions and simplifies processes with several intuitive features, which include:
Commenting on the launch, Mr. Virender Aggarwal, CEO, Ramco Systems, said, "We have seen very good traction for our HR offering in the Eastern markets in the last 2 years. During this phase, we have been working on adding specific innovations to ready the offering for a global play. While there are mature players already in the fray in the US, we hope to create a disruptive ripple with our focus on simplification and a comprehensive single fabric offering which is built on the same code base. Our focus is to tap into the mid-market which today has very few full-suite HR products to choose from. In short, with a complete, yet refreshingly simple offering, Ramco HCM is all set for its US foray."
Ramco Systems was cited as a "Sample Vendor" for HRMS via SaaS and Mobile HCM in Gartner's Hype Cycle for Human Capital Management Software, 2015.
Mr. Ron Hanscome, Research VP, Gartner Inc., adds "We continue to see a growing number of organizations of all sizes switch to cloud-based HCM offerings versus choosing to continue to invest in their existing on-premises applications. We have seen an increase in Gartner inquiries from customers who seek a more integrated approach, especially around the talent suite, and we are beginning to see a growing number of organizations that are evaluating a more unified core HRMS and talent strategy."
Ramco HCM has been lauded by customers and industry experts for its 'Cool', user-defined interface and its ability to automate and aid in making smart decisions. The company recently raised around USD 52mn from Institutional investors like HDFC Mutual Fund, Amansa Holdings, Goldman Sachs, Jo Hambro, Axis MF among others to fuel its global expansion plans.
Multi-country Payroll, Mobility, and Intuitive user experience are driving the product to add on an average 1 new customer a week. With a comprehensive coverage of APAC, Middle East and Australia, Ramco Global Payroll was acknowledged as a Leader in NelsonHall's NEAT report.
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About Ramco Systems:
Ramco Systems is part of the USD 1 Billion diversified conglomerate, the Ramco Group of companies. Ramco Systems is a rapidly growing cloud enterprise software company focused on providing multi-tenanted enterprise software to corporates in the area of HCM and Payroll, ERP and M&E MRO for Aviation, with Mobile first philosophy and In-memory based Planning and Optimization engine. At Ramco, we understand that functionality alone cannot help a product succeed in today's crowded marketplace. With utmost importance to usability, Ramco has charted out a product philosophy of MUSIC -- an acronym for Mobility, User Interface, Social, In-Memory and Context-aware applications. Headquartered in Chennai (India), the company has 20 offices spread across India, USA, Canada, Europe, Australia, Middle East, South Africa and APAC.
SOURCE Ramco Systems