Ramco ERP on Cloud wins order from MHW
Las Vegas, United States (PRWEB UK) 8 April 2014 -- Ramco Systems, an enterprise software product company, having its US headquarters in NJ, focused on delivering ERP on Cloud, Tablets and Smartphones announced a new order win from MHW Ltd., a leading US-based service provider for wine, spirits, and malt beverage product companies in the US. The announcement was made at the Wine & Spirits Wholesalers of America’s 71st Annual Convention & Exposition held at Caesar’s Palace, Las Vegas.
MHW, Ltd has spent decades perfecting a transparent back-office service model to help its clients (both alcohol manufacturers and distributors) with a cost effective and efficient approach to conducting business in the US beverage alcohol industry. MHW was looking for a comprehensive and integrated solution that would address the entire spectrum of its business processes – from Sales and Distribution, CRM, Supply Chain, Compliance, to Accounting.
Mr. John Beaudette, President, MHW Ltd, said, “We found most standard ERPs rigid with limited scope to extend the solution or build customization. Our nature of business required an application that can be customized to address the changing business scenarios with a support for mobility. After evaluating multiple ERP software, we zeroed in on Ramco ERP on Cloud, as it offered a comprehensive ERP, delivered on a Cloud platform, with extension development toolkits and mobility. The flexibility of the solution to customize without affecting the core product and the innovative architecture, coupled with excellent reference from existing clients ensured we selected Ramco ERP as our IT solution.”
Commenting on this, Mr. Virender Aggarwal, CEO, Ramco Systems, said, “We are glad to be associated with MHW Ltd. This is an important win for us in the US as we were chosen against established cloud vendors in the region for our robust offering and unique capabilities. The Alcohol Beverage industry has been evolving with new product developments and innovation. The MHW win further reinforces the strength of the solution to cater to the entire ecosystem that connects the suppliers, manufacturers and the customers in the alcohol beverage industry. We look forward to adding significant value and business benefits to MHW in its journey ahead.”
Once implemented, MHW aims at bringing all its business functions on to a common IT platform, with the objective of increasing customer satisfaction, reducing operational costs, ensuring quicker turnaround times and bringing cost effectiveness.
About MHW Ltd:
MHW Ltd is the foremost solutions partner for both aspiring and seasoned brands in the spirits, wine and beer industry. As a nationally licensed importer, distributor, and service provider since 1934, MHW Ltd.’s state of the art back-office capabilities help brands navigate the US market.
MHW is headquartered in Manhasset, New York with additional operations in California, New Jersey, and other key markets.
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.”
Please note that the issue of Equity Shares under the proposed Rights Issue to persons in certain jurisdictions outside India may be restricted by legal requirements in those jurisdictions. The equity shares proposed to be issued have not been and will not be registered under the United States Securities Act of 1933, nor listed or otherwise qualified in any jurisdiction outside India and may not be offered or sold in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.
For more information, please visit http://www.ramco.com.
Follow Ramco on Twitter @ramcosystems/read latest updates on http://www.ramco.com/blog.
For further information, contact:
Vinitha Ramani
vinitharamani(at)ramco(dot)com; pr(at)ramco(dot)com
+91-44-3090 4204
Vinitha Ramani, Ramco Systems, http://www.ramco.com, +91 44-30904000 Ext: 4204, [email protected]
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