Chennai, India (PRWEB UK) 17 February 2014
• New solution aimed at catering to businesses with a globally distributed workforce, having multiple small office set-ups across locations, or with a need to track employee movements in highly secure work environments and so on…
- Smart attendance enables seamless and hassle-free integration and accounting of Time & Attendance data for processing payroll
Ramco Systems, an enterprise software product company focused on delivering ERP, HCM and Aviation on Cloud, Tablets and Smart phones, today announced that its comprehensive HR & Talent Management solution, Ramco HCM on Cloud (Human Capital Management) will now be available with GPS (Global Positioning System) and NFC (Near Field Communication) Support. With this new feature, Ramco HCM will offer its customers an option to record NFC based time and attendance to authenticate, trace, and interact with employees at various levels.
In an increasingly changing business environment where a sizeable number of employees are on the move addressing business needs in remote locations, the need to capture employee attendance and integrating it back to payroll has become a challenge. Also businesses are unable to get complete visibility of workforce distribution to enable them to plan resource allocation effectively.
Commonly used attendance mapping systems such as Biometric and Swipe cards are limited in scope, high on investment and do not scale to the needs of a geographically dispersed workforce. Ramco HCM with its GPS + NFC based attendance management system is aimed at addressing this pain point of an organization.
Talking about the latest capability, Mr. Virender Aggarwal, CEO, Ramco Systems, adds, “Ramco is driving a move towards enabling a ‘Digital Enterprise’ and with Internet of Things becoming mainstream, we are using the tectonic shift in technology to drive business benefits in a manner not thinkable earlier. With the emergence of a young breed of millennial workforce, HR Managers are forced to relook at their current systems. With the launch of GPS and NFC based attendance system, we are providing enterprises with a new technology to address the attendance, billing and payroll needs of a complex workforce.”
NFC is a set of radio frequency communication standards that allow enabled phones / devices to read contactless tagged cards in a range of 4-10 centimeters. The NFC feature provided also prevents proxies and increases the accuracy of attendance. For Attendance clocking, employees are issued a card that contains an NFC tag. Upon holding the card close to an NFC enabled device, such as a smart phone, employee is instantly recognized and authenticated. The smart phone acts/becomes a Kiosk.
Ramco HCM on Cloud is a comprehensive solution that covers every aspect of an employee lifecycle: Workforce Management, Recruitment, Talent Management, Employee Development, Workforce Planning and Payroll & Benefits. Ramco’s experience and knowledge gained over the years has been invested in re-architecting the product to bring in a Gen-Y interface, making it accessible on Smart phones (iPad, Android and Windows 8), integrating it with Social channels, besides bringing in the speed and agility of an In-memory engine and the intuitiveness of a context-aware solution.
About Ramco Systems:
Ramco Systems provides next generation, end-to-end enterprise solutions that render complete transformation of the business in real time. Built on Ramco VirtualWorks®, all Ramco products are cloud architected by design and address the entire business cycle from transaction to analytics. Part of the USD 1 Billion Ramco Group, the company offers ERP, HCM, MRO, M&E, SCM, CRM, Financials, Service Management, Asset Management, Process Control, Project Management and Analytics to multiple verticals on the most appropriate cloud model—public, private and community. Ramco focuses on providing innovative business solutions that can be delivered quickly and cost-effectively in complex environments. Globally, Ramco has over 150,000 users from 1000+ customer organizations. The company has 20 offices spread across India, USA, Canada, Europe, Australia, Middle East, South Africa and APAC.
“Ramco Systems Limited (the “Company”) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares and has filed its Draft Letter Of Offer with the Securities and Exchange Board of India (“SEBI”). The Draft Letter of Offer is available on the website of SEBI at http://www.sebi.gov.in, on the website of the lead manager at http://www.centrum.co.in and of the Company at http://www.ramco.com. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the section titled 'Risk Factors' at page xiii of the aforementioned Draft Letter of Offer.”
For more information, please visit http://www.ramco.com.
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