The transformation of GenAI tools over the last 18 months has begun changing the essence of employment. Remote workers and global workforces have opened up a major challenge for businesses: keeping both employee happiness and productivity high. Businesses in the UAE are riding the global wave by implementing robust policies for pay parity, diversity, benefits, and flexible work schedules. Staying on top of all this from a payroll operations perspective is increasingly challenging. Ramco Payce, a platform-based payroll software, has launched in the UAE to help businesses manage this burden.
Ramco Payce is an advanced tech offering by Ramco Systems, a major player in the global payroll management market. Further, this AI and ML-enabled platform provide strategic insights and a bird’s-eye view of payroll operations. Its data and prediction capabilities are designed to simplify payroll processes and boost employee satisfaction.
Sundar Subramanian, CEO of Ramco Systems, stated, “Ramco’s journey in the Middle East has been remarkable. The region has become integral to our success. Amid increasing globalization, diversification, and remote workforces, businesses face challenges with payroll. Ramco Payce lowers payroll load, simplifies processes, ensures accuracy and compliance, and boosts employee satisfaction.”
Payce’s technology helps business leaders focus on larger strategic challenges by taking the load off their payroll teams. The platform’s automation reduces errors during payments, ensures compliance with country-specific regulations, and addresses payroll-related queries through an intelligent chatbot.
Rohit Mathur, SVP & SBU Head, Global Payroll & HR at Ramco Systems, highlighted Payce’s role. Additionally, “Ramco Payce streamlines complex payroll processing, enhancing efficiency. With the capability to handle large data volumes within minutes, its lightning-fast processing, self-service reporting, no-code rule builder, and payroll workspaces will redefine payroll transformation,” said Rohit.
Additionally, Payce’s analytics and reporting capabilities provide real-time data insights to solve macro trends. Its anomaly and reasoning engine tracks payroll variances, and prebuilt country-specific configurations enable faster hassle-free implementations. Ramco is set to revolutionize payroll management in the UAE, ensuring businesses can navigate modern employment with ease.