Productivity for the outsourcing market
Organizations that outsource labor face unique challenges in maintaining cohesion between global locations, especially in HR and finance. Oftentimes, these businesses leverage multiple systems across their workforce, resulting in data siloes, inconsistencies, and the cost of managing employees across solutions from many providers. Ramco Systems, an HCM provider with functionality for global payroll, ERP, and EAM, can bring together the many tasks faced by outsourcing organizations through a single vendor. This brings greater consistency to the organization as whole, and results in increased productivity among HR staff and reduction in labor cost. Nucleus found that one organization was able to complete monthly close 65 percent faster upon deployment of Ramco Systems.