Leading global provider of payroll software solutions, Ramco Systems, has proudly announced its recognition as a ‘Leader’ and a ‘Star Performer’ in the Everest Group’s Multi-Country Payroll Solutions PEAK Matrix® Assessment 2023 for the APAC region. This assessment, which evaluated 21 MCP service providers based on their market impact, vision, and capability, has solidified Ramco’s reputation as an industry leader.
Ramco’s continued dedication to delivering innovative and value-enhancing features for its customers, combined with its well-established presence in the Asia-Pacific region, has earned it the ‘Leader’ title for the second consecutive year in the APAC PEAK Matrix®. Furthermore, the company has been honored as a ‘Star Performer’ for its significant year-on-year advancements in vision, capability, and market impact, positioning it among the top performers.
In a dynamic marketplace where enterprises are increasingly focusing on cost reduction and resource allocation, the Multi-country Payroll (MCP) solutions market has witnessed steady growth. Businesses now seek comprehensive support beyond traditional payroll management. According to Everest Group, cost reduction and minimizing manual intervention are top priorities for payroll buyers in the current economic landscape, and Ramco’s offering aligns perfectly with these objectives. The company’s strong focus on innovation further sets it apart.
Priyanka Mitra, Vice President of Everest Group, acknowledged Ramco’s achievements, stating, “Cost reduction and low manual intervention are top priorities for payroll buyers in the current economic scenario, and APAC-based buyers are no exception. Ramco’s offering is well suited to cater to these priorities, and its strong focus on innovation is an added differentiator. Ramco has emerged as a Leader and a Star Performer on Everest Group’s APAC Multi-country Payroll (MCP) Solutions PEAK Matrix® Assessment, due to its vision and investments for building a touchless pay experience by leveraging cutting-edge technology”
Rohit Mathur, Head of Ramco Global Payroll & HR Solution at Ramco Systems, said, “I’m elated that Ramco has been positioned as a Leader yet again, and has also been conferred with the Star Performer title, this year. This recognition validates our constant efforts to pursue disruptive ideas and deliver groundbreaking solutions. I’m confident that our investments in some disruptive concepts around low-code framework, lightning-fast in-memory payroll, intuitive reporting tool, and enhanced user experience design will prove to be the game-changers. As a global player and an innovator, we envision to offer a touchless payroll experience by leveraging next-gen technology like AI, ML and RPA in driving employee experience.”
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