Ramco Systems announced that it has been positioned in Nucleus Research, Inc.’s Workforce Management (WFM) Technology Value Matrix 2018. New to the WFM Value Matrix, Ramco debuts in the Facilitator quadrant and was ranked among the Top 5 Usability leaders.
According to the report, Ramco is at an advantage, as it provides technology to encompass more of the enterprise than just HCM. With ERP, the suite includes the General Ledger (GL), which receives information from the rest of the system—including, most critically, WFM-related activities. As Nucleus has repeatedly noted, the best first place to integrate HCM with the rest of the enterprise is with ERP financials. The report also cites, Ramco offers Global Payroll in 43 countries; an option to extend HR and WFM to GL and ability to address complete ERP and EAM on a single platform.
“Factors similar to those that drive users to obtain as much technology for human capital management as possible from just one vendor, drive them to obtain as much functionality for the entire enterprise from just one vendor, too,” said Brent Skinner, principal analyst at Nucleus Research covering technology for HCM.
“Ramco is a notable option among providers able to accommodate this enterprise-spanning strategy. The solution provides a General Ledger, connecting it tightly with Ramco-originating WFM. Our research shows the potential boost to return on investment is significant at the intersection of these two areas of the enterprise especially. As Ramco further expands its footprint in global payroll, the vendor will become an even greater competitive threat in the United States”, he added.
Commenting on this recognition, Virender Aggarwal, CEO, Ramco Systems, said, “Workplaces are continuously transformed by modern technologies, minimizing exceptions and boosting employee productivity and efficiency. Organizations globally are re-strategizing employee experience to manage HR effectively. It is indeed a proud moment to be recognized by Nucleus Research, a leading investigative IT research firm. Interestingly, Nucleus sees in Ramco a vendor committed to innovation in product. This is a true testament to the fact that Ramco has been innovating at the speed of trust.”
“Bundled with the latest technological stacks, Ramco has been at the forefront of innovation. From conversational chatbots, facial recognition based time & attendance, to the latest voice based HR transactions, Ramco’s disruptive innovations are aimed at aiding organizations smoothly transition to the Frictionless era.”
