Payce helps companies streamline operations, increase productivity and stay competitive in a rapidly changing digital landscape, he said | Photo: X@RamcoSystems
Ramco Systems is well positioned to capitalize on the opportunity as demand for transformation continues to grow and the focus remains firmly on delivering innovative solutions that increase efficiency and productivity, a senior executive said.
The city-based enterprise software products provider remains firmly focused on delivering innovative solutions that increase efficiency, productivity and competitive advantage for its customers, said chairman PR Venketrama Raja.
“Companies worldwide are significantly increasing their technology investments. Organizations are prioritizing digital transformation initiatives because they recognize that their competitive advantage and value creation depend on effectively deploying technology across processes, products, services and customer experiences,” said Raja.
Ramco Systems saw the beginning of a turnaround with several positive developments in business operations.
“We have worked tirelessly to strengthen our core businesses and seize new growth opportunities. Our strategic initiatives and investments are beginning to bear fruit, heralding a promising future,” he said in the company’s latest annual report.
Raja said one of the major milestones was the launch of the payroll platform ‘Ramco Payce’, which offers a best-in-class AI experience with an easy-to-use, rich user interface.
According to him, Payce helps companies streamline their operations, increase productivity and stay competitive in a rapidly changing digital landscape.
Noting that the company’s efforts laid the foundation for sustainable growth, he said: “We have implemented financial strategies aimed at optimising our resources, reducing costs and improving revenue streams.”
“At Ramco, we strive to foster a culture of operational excellence, customer satisfaction and business agility. We have made significant efforts to modernize our technology so that our solutions remain at the forefront of innovation and meet the ever-changing needs of our customers,” he said.
He said the company is continuously improving its infrastructure by implementing the latest technologies and enhancing its product offering.
“Our focus on research, development and continuous improvement is central to our strategy. It allows us to stay ahead of industry trends and anticipate our customers’ needs,” he said.
Sundar Subramanian, CEO of Ramco Systems, said the company is actively driving its growth plans through continuous modernization and transformation.
“Our focus on five key areas – operational, financial, product, technical and customer – is driving the transformation. By prioritizing high-quality implementation, consistent support and comprehensive managed services, we build lasting partnerships and ensure customer satisfaction,” he said.
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First print: Jul 21, 2024 | 10:19 AM IST