CloudPay and Ramco Systems have formed a strategic partnership to deliver an integrated payroll solutions to enterprises.
Under the new partnership, CloudPay's Software-as-a-Service (SaaS) platform will be combined with Ramco's payroll software. CloudPay will be able to use Ramco's platform to enhance its managed payroll services for existing and new customers.
"We are transforming the way payroll processes and information are leveraged within the enterprise, moving away from fragmentation of data and global non-compliance that challenge multinational organisations. Our partnership with Ramco will allow us to further enhance our platform, provide cost-effective solutions, and address an even wider range of payroll complexities through greater standardisation and innovative features around analytics," said Paul Bartlett, CEO of CloudPay, in a joint press release.
On the other hand, Ramco will leverage CloudPay's managed services solution to extend its Multi-Country Payroll platform to global organisations.
"By combining CloudPay's managed services offering with Ramco's payroll platform, we hope to give multinational organisations a future-ready technology platform to manage their end-to-end payroll needs" said Virender Aggarwal, CEO of Ramco Systems.
Sign up for CIO Asia eNewsletters.