Deloitte Touche Tohmatsu India LLP and Ramco Systems Limited have entered into a strategic partnership to redefine the landscape of payroll transformation globally. This alliance brings together Ramco’s innovative payroll platform and Deloitte’s expertise in advisory and managed services. The collaboration aims to deliver a comprehensive payroll solution that caters to operational services, compliance, and offers a seamless user experience, extending coverage to over 150 countries through a unified platform.
The partnership is structured around three core principles:
- Compliance: This includes secured and accurate managed services, expat compliances, and last mile services.
- Convenience: It provides a global payroll view in a single product, seamless implementation, certified connectors with global HCM providers, and query assistance through a chatbot and helpdesk.
- Completeness: The focus here is on individual tax compliance, advisory payroll, and advisory human capital.
The collaboration is designed to offer a full spectrum of services that reduce risks through seamless integration, ensure faster delivery, optimize performance, and improve visibility. It empowers businesses with ongoing, self-sustained governance, driving efficiency, scalability, and innovation in the digital landscape. Key technological innovations such as Artificial Intelligence and Machine Learning (AI-ML), chatbot integration, seamless tech-enabled communications, and central hubs have been integrated into this robust and scalable platform.
Gokul Chaudhri, President of Tax at Deloitte Touche Tohmatsu India LLP, emphasized the need for adaptable digital infrastructure to address the evolving tax landscape and ensure compliance. Rohit Mathur, SVP & SBU Head of HR and Payroll at Ramco Systems, highlighted the decade-long partnership with Deloitte, focusing on delivering exceptional value to customers. The partnership is expected to leverage high-end technologies like a low-code framework, lightning-fast in-memory payroll, and AI-powered validations & analytics.
This partnership marks a significant milestone for both organizations, as they join forces to address global payroll challenges and revolutionize the payroll landscape, offering unparalleled value to businesses worldwide. The collaboration is set to drive mutual growth and create new opportunities, positioning both Deloitte and Ramco as leaders in the realm of payroll services and technology.