Panasonic Group of companies in Malaysia has signed a multi-million-dollar strategic deal with Ramco Systems Sdn. Bhd. Malaysia part of India-headquartered HR software major Ramco Systems to digitize and transform HR and Payroll operations for nearly 20,000 employees nationwide on a unified platform.
Panasonic group of companies in Malaysia, part of the leading Japanese electronics manufacturer, said employees in 21 entities using multiple systems currently will now be powered by integrated Ramco HR software giving a seamless HR experience, group-wide.
Ramco System’s award-winning Human Capital Management (HCM) solution will integrate with multiple Enterprise Applications and Finance systems in individual companies for statutory and payroll requirements.
Panasonic Group of companies in Malaysia will lead the Digital HR transformation initiative with a cloud-hosted Ramco HCM suite covering Core HR, Time & Attendance, Talent Management, Recruitment, Planning & Analytics in addition to Payroll. With this initiative, the role of HR Management in Panasonic Group will evolve from administrative roles to more strategic and business transformation roles by leveraging the Reporting and Analytical capabilities of this new system.
On the part of Employees by using this new integrated system, all the tedious and time consuming HR processes will be simplified and fully automated. Employees can now be able to apply leave, manage claims, and pull pay slips using selfservice features across various platforms including smart phones, tablets and desktops.
Mr. Cheng Chee Chung (Managing Director, Panasonic Management Malaysia Sdn. Bhd. & Panasonic Malaysia Sdn. Bhd.) said, “As our Malaysia operations expand, the complexity of managing Human Resources and Talent also grow multifold. We wanted to be a forerunner in Malaysia in leveraging technology to build a centralized HR & Payroll system. Ramco’s ability to comprehend and offer the solution to the complex needs of our operations, coupled with proven success stories and the ability to offer the power of Cloud, Mobility including Analytics all on © Ramco Systems. All rights reserved. All trademarks acknowledged. Ramco Systems Limited ramco.com a unified HR & Payroll platform sealed the deal in their favor. We look forward to bringing our businesses closer together through this initiative.”
Ramco Systems has seen significant growth in APAC, winning the trust of leading multinationals and Fortune 500 companies. As one of the fastest-growing markets for Ramco, APAC holds immense promise and potential. Ramco HCM with its Global Payroll coverage recently won an order from European Logistics major for consolidating its HR operations across 13 countries.
On the success in APAC, Mr. Virender Aggarwal, CEO, Ramco Systems, said, “We have invested in building statutory compliance and capabilities to address all of APAC including Japan, Australia, New Zealand; Middle East and most parts of Africa. While most Global HR software have been built to address U.S. or Europe markets, our ability to cover this part of the world gives us a unique standing in the market. Ramco HCM with Global Payroll will be our growth lever in 2017 and will play a significant role in consolidating our leadership in the region.”