Ramco Systems

 Cloud ERP is here to stay, but how much can we expect it to grow? Recently the research firm Gartner came up with some estimates for the coming decade. According to it, 47% of the organizations were planning to migrate to cloud within five years. At the same time, though, 30% of the companies said they’d like to retain control and use an on-premises system. However, many experts are of the opinion that the actual growth is very likely to beat these estimates by a huge margin. They reason that as cloud is still far from its maturity peak, its impact potential is not fully understood. Full-Scale Integration: The Key Advantage of Cloud ERP Systems One of the primary reasons for the rapid adoption of Cloud ERP software is its ability to provide full-scale integration. Traditional, on-premises ERP systems often operate in silos, making it difficult to manage data flows and business processes seamlessly across various functions. In contrast, cloud ERP solutions break down these barriers...

  Before the onset of any payroll software, pay calculation and preparation of payslips, reports and tracking pay updates were all done manually. Spreadsheets offered some convenience until the launch of payroll software, which automated the process of paying employees. Companies build these software solutions to track and store information essential to ensure proper payroll management. With today's workforce being ever so diversified and decentralized, payroll services have become just as much challenging and complex. Most companies today - big and small - use cloud-based payroll software for their HR and payroll needs. Cloud payroll systems play an integral role in human resource transformation by automating complex and time-consuming processes and freeing up the valuable time of HR managers. Know More About What are the Most Important Features of Cloud-based Payroll Software? :  https://www.ramco.com/blog/payroll/what-are-the-most-important-features-of-cloud-based-payroll-s...

  What can be more important for an organization than to maintain employee information and process payroll accurately, timely and legally? Payroll is data sensitive. Payroll data is not all about compensation and rewards but also involves employee’s personal and identification information. The context and usage of the personal information varies from one country to another. Multinationals may tend to often overlook or misunderstand the global context risks and regulations around data collection and processing. An easier workaround for them is to outsource their payroll operations. Payroll data security is an employee's fundamental right. It serves to protect their identity from identity theft or potential fraud. With data privacy becoming an issue and risk, it has become challenging for global companies to identify and protect data from payroll outsourcing activities that are at security risks. Know More About Data Safety with Payroll outsourcing :  https://www.ramco.com/blog/...

Aren’t you overcome with nostalgia when you think of the childhood games you played? For me Jeopardy is that game. The clues are presented in the form of answers and the contestants phrase their responses in question form -the game is a lot tougher than it actually sounds. The business transactions between an operator and MRO (Maintenance, Repair and Overhaul) provider is like playing a game of Jeopardy. An airline operator knows that he needs to keep his airplane up and running but still hasn’t figured out the best option to do so. The MRO provider knows that the transition time to carry out maintenance activities on a part or whole aircraft needs to be as low as possible but are still clueless on how to achieve such strict timelines. It boils down to optimized maintenance activities. Let us analyze the growth of an operator and MRO provider over the years to find the question to this answer. Know More About Let’s do Smart Business :  https://www.ramco.com/blog/lets-smart-business...

  Payroll management is essential for running a business effectively. If you keep your employees happy, they will remain loyal and work harder. Accurate and Timely payroll payments to the employees is one of the key obligations of any business. You will also need to manage and track tax and labour laws to save your business from penalties for non-compliance. However, it may be challenging to manage payroll implementation and run a business simultaneously. Especially if you're moving to a new, updated system that involves digital transformation of your HR function. This is where outsourcing payroll implementation helps so that you can focus on your business’ products and services to keep your clients happy. Continue reading to learn more about payroll project implementation, its challenges and best practices. Know More About Payroll Project Implementation: Challenges and Best Practices :  https://www.ramco.com/blog/payroll/payroll-project-implementation-challenges-and-best-prac...

  Everyone is talking about Big Data. What actually is this Big Data? Integrating Big Data in Aviation Industry Big Data is a term used to describe the exponential growth and availability of data, both structured and unstructured. Gartner defines “Big data is high volume, high velocity, and/or high variety information assets that require new forms of processing to enable enhanced decision making, insight discovery and process optimization."3Vs" model is frequently used for describing big data. Volume-Data growth have always been growing exponentially, from bytes of data it has grown into peta bytes of data generated every day with addition of different data sources like videos, music, text..Big data differs from other conventional methods by its virtue of storing large sets of data. Velocity- Huge amount of data is generated and should be analyzed in real time by comparing the past data to predict the outcome based on the business functionality. Big data is capable of process...