Ramco Systems Positioned as a LEADER in Quadrant Knowledge Solutions’ SPARK Matrix™: Multi-Country Payroll Platform, Q4 2022
Ranked among Top 3 Tech Leaders for Technology Excellence and Customer Impact
Chennai, INDIA – April 11, 2023 – Quadrant Knowledge Solutions announced that it has named Ramco Systems as a Q4 2022 Technology Leader in its SPARK Matrix™ analysis of the global Multi-Country Payroll Platform market. Download Report
The Quadrant Knowledge Solutions’ SPARK Matrix: Multi-Country Payroll Platform, Q4, 2022, includes a det ailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The stu dy provides competitive analysis and ranking of the leading Multi-Country Payroll Platform vendors and gives strategic information for users to evaluate vendor capabilities, competitive differentiation, and market position.
According to Nikhilesh Naik, Analyst, Quadrant Knowledge Solutions, “Ramco Systems, through its emerging te chnologies-infused smart payroll software, enables organizations to streamline, simplify, and improve their pay roll process. Through its Ramco payroll processing solution, the company, empowers its users to create orga niza tion-specific rules, formulate policies related to attendance, earnings, bonus, deductions, & leave, maintain comp liance & manage variance according to geographies, and design & implement multi-decimal, multi-currency payr oll. With its proprietary Enterprise Cloud Computing platform, Ramco VirtualWorks, Ramco Systems enables or ganizational decision makers to simplify the process of accommodating new clients and their employees, manag e multiple HR & payroll activities through a single platform, and provide utmost accessibility to employees.”
“Ramco Systems, with its comprehensive technology for the Multi-Country Payroll Platform, has received stro ng ratings across the parameters of technology excellence and customer impact and has been positioned amo ngst the technology leaders in the SPARK Matrix of the Multi-Country Payroll Platform market, Q4, 2022,” Nik hilesh adds.
Commenting on the recognition, Rohit Mathur, Head – Ramco Global Payroll & HR Solution, Ramco Systems, sa id, “Organizations are increasingly turning to payroll solutions that elevate their employee experience and enab le their payroll teams to play a greater role in strategic decision making. Our focus on providing automation and transformation features like anomaly & reasoning engine, pro-active chatbots, self-explaining payslip, financial wellness services, and voice-based navigation powered by AI, ML & RPA has put us ahead of the curve in the mul ti-country payroll market. To provide our clients with greater payroll coverage on a single platform, we continue to add more countries on our payroll engine. Our positioning as a Technology Leader in Quadrant Knowledge Sol utions’ Multi-Country Payroll SPARK Matrix is testament to our efforts to provide a next-generation payroll ex perience for our customers.”
The Multi-Country payroll platforms have gained increasing traction in the recent past due to the increasing geo graphical presence of organizations across the globe. With organizations inducting a plethora of employees from diverse backgrounds, adhering to stricter regulatory compliances and increasingly complex payroll processes an advanced Multi-Country Payroll Platform equipped with emerging technologies is the need of the hour. A next-ge n payroll solution will enable the HR teams to focus more on other employee related issues and design polic ies to improve employee experience.
Download the report to get an understanding of the global Multi-Country Payroll Platform market dynamics alo ng with a detailed vendor profile of Ramco.
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic k nowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Ser v ices. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and st rategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business e nvironments.
For more available research, visit: https://quadrant-solutions.com/market-research/
About Ramco Global Payroll:
Complete with mobile, chatbots, voice, and facial recognition-based workforce management, organizations can deploy Ramco Global Payroll on-cloud, on premise or leverage as a managed service. The multi-tenant architect ure with embedded intelligence, device agnostics features and API integration now serves more than 500+ cust omers worldwide. With innovative concepts of Artificial Intelligence & Machine learning, Context-sensitive Pop -ups and Chatbots to carry out self-service, and Voice based transactions on Google Assistant & Alexa, Ramco ha s been setting the benchmark for Innovation in this segment. With statutory compliance across 60+ countries co vering U.S., ANZ, Asia (including Japan & China), Middle-East & Africa, Ramco’s Global Payroll is available in Eng lish, Japanese, Mandarin, Bahasa, Thai, Malay, and Arabic among others.
