Deloitte India partners with Ramco Systems to redefine the landscape of payroll transformation

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CHENNAI, India, Nov. 30, 2023 /PRNewswire/ -- Deloitte Touche Tohmatsu India LLP, has entered a strategic partnership with Ramco Systems Limited, a leading global payroll technology provider. This partnership leverages Ramco's innovative payroll platform in conjunction with Deloitte's expert advisory and managed services. Together, they are committed to delivering an all-encompassing payroll solution that ensures operation services, compliance, seamless user experience, and comprehensive coverage spanning 150+ countries, all accessible through a single, unified payroll platform.

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PR NewswirePR Newswire
Retrieved on: 
Thursday, November 30, 2023
Information
Tags: 
Machine learning, Organization, Investment, Artificial intelligence, Ramco Systems, Partnership, Payroll, HR, SVP, Accounting, Ramco
Geotags: 
FRANCE, GERMANY, SPAIN, UNITED KINGDOM, UNITED STATES OF AMERICA, INDIA
⚠ generated by AI ↴
Organisation: 
RAMCO SYSTEMS, DELOITTE
Stock Symbol: 
Bombay:532370
Bombay:RAMCOSYS.BO
India:EQRAMCOSYS
India:RAMCOSYS.NS
Summary
Key Points: 
  • It further empowers businesses to achieve ongoing, self-sustained governance, driving efficiency, scalability, and innovation in the digital landscape.
  • "The ever-evolving tax landscape demands swift and adaptable digital infrastructure to enable organisations to address business needs and remain compliant," said Gokul Chaudhri, President, Tax, Deloitte Touche Tohmatsu India LLP.
  • Rohit Mathur, SVP & SBU Head, HR and Payroll, Ramco Systems, said, "Our decade-old partnership with Deloitte exemplifies our commitment to delivering exceptional value to our customers.
  • Together, we look forward to revolutionizing the global payroll landscape and providing unmatched value to businesses.




Deloitte India partners with Ramco Systems to redefine the landscape of payroll transformation

Comprehensive global payroll services powered by robust technology to elevate organisational productivity and efficiency

CHENNAI, India, Nov. 30, 2023 /PRNewswire/ -- Deloitte Touche Tohmatsu India LLP, has entered a strategic partnership with Ramco Systems Limited, a leading global payroll technology provider. This partnership leverages Ramco's innovative payroll platform in conjunction with Deloitte's expert advisory and managed services. Together, they are committed to delivering an all-encompassing payroll solution that ensures operation services, compliance, seamless user experience, and comprehensive coverage spanning 150+ countries, all accessible through a single, unified payroll platform.

(L-R) Rohit Mathur, SVP & SBU Head – HR and Payroll, Ramco Systems, and Gokul Chaudhri, President, Tax, Deloitte Touche Tohmatsu India LLP, during the signing ceremony at the Deloitte office in Bengaluru, India

Highlights of the Partnership:

  • Compliant:
    • Secured and Accurate Managed Services
    • Expat Compliances
    • Last Mile Services
  • Convenient:
    • Global payroll view in a single product
    • Seamless implementation
    • Certified connectors with global HCM providers
    • Query assistance through chatbot and helpdesk
  • Complete:
    • Individual Tax Compliance
    • Advisory – Payroll
    • Advisory – Human Capital

This partnership presents organisations with the chance to harness a full spectrum of services i.e., risk reduction through seamless integration, faster delivery, performance optimisation, and improved visibility. It further empowers businesses to achieve ongoing, self-sustained governance, driving efficiency, scalability, and innovation in the digital landscape.

"The ever-evolving tax landscape demands swift and adaptable digital infrastructure to enable organisations to address business needs and remain compliant," said Gokul Chaudhri, President, Tax, Deloitte Touche Tohmatsu India LLP. "Our strategic partnership with Ramco signifies our commitment to empower businesses with a powerful blend of technology and implementation, ensuring unwavering quality and excellence, regardless of our valued clients' geographical location or the scale of their operations."

Speaking on the partnership, Tapati Ghose, Partner, Deloitte Touche Tohmatsu India LLP, said, "Through this partnership, our collective objective is to offer a comprehensive spectrum of end-to-end payroll services that cater to the employer requirements Leveraging cutting-edge technological innovations such as Artificial Intelligence and Machine Learning (AI-ML), chatbot integration, seamless tech-enabled communications, and central hubs, the alliance has meticulously engineered a robust and infinitely scalable platform that is primed to empower businesses on a global scale. This marks a significant milestone in our ongoing journey towards forging a transformative impact within the realm of business services."

Rohit Mathur, SVP & SBU Head, HR and Payroll, Ramco Systems, said, "Our decade-old partnership with Deloitte exemplifies our commitment to delivering exceptional value to our customers. Right from being our payroll compliance partner offering us technical advice on country-specific regulatory requirements impacting payroll and statutory compliances, our association with Deloitte has come a long way, and we are now leveraging their expertise across multiple facets. With Deloitte's strong expertise in delivering services and Ramco's robust payroll platform, through this partnership, we are all set to empower global businesses and help them embark on a complete payroll transformation. I'm confident that this partnership along with our investments in high-end technologies like low-code framework, lightning-fast in-memory payroll, and AI-powered validations & analytics will prove to be the game-changers."

Subbaraman Ramaswamy, Chief Customer Success Officer (Global Enterprise Business), Ramco Systems, said, "Our strategic partnership with Deloitte represents a significant milestone for both organizations as we join forces to help solve global payroll challenges for our customers. Together, we look forward to revolutionizing the global payroll landscape and providing unmatched value to businesses. I am excited that this association will drive mutual growth and create new opportunities."

Hear Gokul Chaudhri and Rohit Mathur unveil the exciting highlights of this strategic partnership. Watch video HERE

About Deloitte:

This press release has been issued by Deloitte Touche Tohmatsu India LLP. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.

About Ramco Systems:

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has maintained a consistent track record of serving 1000+ customers globally with 2million+ users, and delivering tangible business value in Global Payroll, Aviation Aerospace & Defense, and ERP. Ramco's key differentiator is its innovative approach to develop products through its revolutionary enterprise application assembly and delivery platform. On the innovation front Ramco is leveraging cutting edge technologies around Artificial Intelligence, Machine Learning, RPA and Blockchain, amongst the others, to help organizations embrace digital transformation.

For more information, please visit https://www.ramco.com/products/payroll

Follow Ramco on Twitter @RamcoSystems / @RamcoPayroll and stay tuned to https://www.ramco.com/blog

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