Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
406.20
-32.80 (-7.47%)
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Ramco Systems expands across South East Asia

Date: 23-11-2016

After expanding into China and setting up office in the Philippines, Ramco Systems continues its expansion in APAC with Brunei’s largest bank and flagship Islamic financial institution, Bank Islam Brunei Darussalam Berhad (BIBD) announcing that it will integrate its business processes across HR and enterprise resource planning functions with Ramco Systems’ Enterprise Resource Planning (ERP) integrated with full suite Human Capital Management (HCM) and Global Payroll.

Cloud software provider Ramco beat global vendors to secure the contract with BIBD, Brunei’s flagship Islamic bank and the country’s largest financial services provider serving all banking sectors. The partnership marks Ramco’s entry into Brunei and strengthening of presence in South East Asia.

Ramco will implement its ERP solution integrated with full suite HCM and Global Payroll, across BIBD’s branches and 900+ employees spread in Brunei’s four districts. The scope of engagement includes Finance and Accounting, Inventory and Procurement, as well as core HR functions, Time & Attendance, Payroll, Training and Recruitment.