Standard Chartered and Ramco Systems win the Global Payroll Transformation Project of the Year Award at GPA Awards 2019
- The Payroll Transformation Program was envisaged by Standard Chartered where the technology partner (Ramco) along with the Bank will together aim to deliver a strategic platform for Payroll Operational Reporting and Analytics.
Chennai, India – June12, 2019 – Standard Chartered, a global
multinational banking and financial services company, headquartered in London,
along with its technology partner Ramco Systems, leading
Global Payroll & HR software provider, announced the winning of Global Payroll Transformation Project of
the Year Award 2019,at the Global Payroll Association
Awards (GPA Awards),
for delivering significant transformation in Payroll management.
Presented by the Global Payroll Association, the
GPA Awards held in Budapest, witnessed global professionals come together to
celebrate excellence in software, payroll and consulting. Standard Chartered along
with Ramco Systems had nominated its Global Payroll Transformation Program – a
transformation driven by innovation, this year.
Ramco’s platform-based approach to Payroll
management and modern innovative technologies (ZERO UI — Mail It, Thumb It, Hub
It, and Prompt IT) were the key drivers in Standard Chartered choosing Ramco.
The unified payroll processing system consolidates SCB’s operations across 19
countries in Asia and Middle East, covering 18000+ employees spread across
Taiwan, Vietnam, Myanmar, Macau, Cambodia, Brunei, Bangladesh, Sri Lanka, Nepal,
Iraq, Bahrain, Oman, Qatar, Saudi Arabia, Egypt, Lebanon, Jordan and UAE. The
system in Phase I has gone live in 5 countries.
Commenting on the
win, Jenny Craik, Global Head,
Performance, Reward & ER, Standard Chartered, said, “Payroll is an
integral part of the HR process that touches every employee of the Bank. By
introducing automation and simple, intuitive user interfaces, we have seen
improvement in efficiencies, minimization of operational and compliance risks.”
“Our partnership
approach to transforming this critical part of HR operations has been the key
driving factor for winning the award. We wish Team Ramco the best in continuing
to do what they do best and look forward to continuing our long-term
relationship with them” added Tom Howie,
COO, HR, Standard Chartered.
Commenting on the win, Virender Aggarwal, CEO, Ramco Systems said, “We are proud to receive this prestigious
award for our Global Payroll software. This is our third year of winning the
GPA Award and getting it alongwith our client, Standard Chartered makes the achievement
even more special. The award is a testament to all the hard work SCB and Ramco have
put together to deliver a strategic Payroll platform that not only supports
SCB’s current payroll needs, but also provides them with futuristic strategic
directions.”
“Infused with
Artificial Intelligence & Machine Learning, Ramco’s Global Payroll and HR
Solution is packed with next-generation technology such as Chatbots, Voice UI
and facial recognition-based workforce management. With an aim to offer Zero-UI,
we at Ramco strive to continuously innovate and improve, making life simpler
for companies and employees”, added Aggarwal.
Complete with chatbots, voice, and facial
recognition based workforce management, organizations can deploy Ramco HR with
Global Payroll on-cloud, on premise or leverage as a managed service. The
multi-tenant architecture with embedded intelligence and device agnostics
features now serves more than 500+ clients worldwide. With innovative concepts
of Artificial Intelligence & Machine learning, Context-sensitive Pop-ups
and Chatbots to carry out self-service, and Voice based HR transactions on
Google Assistant & Alexa, Ramco has been setting the benchmark for Innovation
in this segment. With statutory compliance across 45+ countries covering ANZ,
Asia (including Japan & China), Middle-East & Africa, UK and Ireland, Ramco’s Global Payroll is available in English, Japanese, Mandarin, Bahasa, Thai, Malay,
Arabic among others.
About Standard Chartered PLC:
We are a leading
international banking group, with a presence in 60 of the world’s most dynamic
markets, and serving clients in a further 85. Our purpose is to drive commerce
and prosperity through our unique diversity, and our heritage and values are expressed
in our brand promise, Here for good. Standard Chartered PLC is listed on the
London and Hong Kong Stock Exchanges as well as the Bombay and National Stock
Exchanges in India.
For more stories and
expert opinions please visit Insights at sc.com. Follow Standard Chartered on Twitter, LinkedIn and Facebook.
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. Part of the USD 1 billion Ramco Group, Ramco Systems focuses
on Innovation and Culture to differentiate itself in the marketplace. On
Innovation front, Ramco has been focusing on moving towards Active ERP leveraging Artificial
Intelligence and Machine Learning and Event Driven Architecture by
building features such as Talk It - which allows transactions to be
carried out by simple voice commands, Bot it – which allows users to
complete transaction using natural conversations; Mail It – transact
with the application by just sending an email; HUB It - a one screen
does it all concept built to address all activities of a user; Thumb It
– mobility where the system presents users with option to choose rather than
type values and Prompt It – a cognitive ability which will let the
system complete the transaction and prompts the user for approval.
With 1900+ employees spread across 24 offices,
globally, Ramco follows a flat and open culture where employees are encouraged
to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work
and not titles, among others are what makes the team say, Thank God it’s
Monday!
Only APAC vendor to
be positioned in Gartner Magic Quadrant for ERP, Cloud Financials, Cloud HCM
and EAM; Leader in
NelsonHall’s NEAT Matrix for Next Gen Payroll Services
Winner Global Payroll
Transformation Project of the Year – 2019 by Global Payroll Association;Positioned as Major
Contender in Everest Group's Multi-Country Payroll Platform PEAK Matrix
For more information, please visit http://www.ramco.com/payroll
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