CFOtech Australia - Technology news for CFOs & financial decision-makers
Story image

OneAdvanced partners with Ramco Systems to improve HR tech

Wed, 22nd May 2024

People Management software solutions provider, OneAdvanced, has announced a technology partnership with next-generation enterprise payroll software company Ramco Systems. This collaboration aims to refine the user experience for HR professionals by integrating payroll and workforce management systems, boosting business compliance, efficiency, and cost savings.

The combination of OneAdvanced's workforce management solution with Ramco's payroll technologies represents an ideal synergy. The integrated solution is expected to enable users to seamlessly complete tasks, reduce risk, and enhance compliance within their HR and payroll processes.

Damien Durston, Head of Sales for OneAdvanced People Management (Australia), highlighted the benefits of the partnership, noting that the collaboration merges the strengths of both technologies to offer several value-driven advantages for businesses and employees. "In our experience, we have found that the alignment of HR and payroll data is fundamental to operational excellence. Compliance and business efficiencies are becoming more of a priority in today's workplaces, as companies seek to reduce costs further," said Mr Durston.

According to Mr Durston, the collaboration is designed to address key challenges, thereby alleviating stress on HR teams and allowing them to focus more on their primary responsibilities. Key benefits of the integration include enhanced data integrity, easier implementation, improved workforce engagement, and stronger compliance capabilities.

The enhanced data integrity will minimise the need for duplicate data entry, leading to improved productivity and reducing the likelihood of errors. The integration process will be straightforward, requiring only the provision of business rules and mapping values, along with ongoing testing and maintenance services which will lessen the load on a company's IT resources.

Additionally, employees will benefit from a unified self-service platform for payroll transactions, which will facilitate simple access to important information such as payroll activity and payslips, contributing to a smoother and more satisfactory user experience.

Compliance capabilities will be bolstered by integrating with Ramco's global compliance portal and maintaining updates with statutory payroll requirements. By following legislative changes and updating award interpretations as needed, the integrated solution aims to mitigate compliance risks and ensure adherence to regulations. OneAdvanced applies necessary award interpretation for specific businesses and roles, ensuring compliance and accuracy, effectively eliminating compliance issues, administrative burdens, and payment problems.

Vikas Goel, Business Head - Oceania for Ramco Systems, expressed pride in helping organisations achieve their payroll objectives with Ramco's state-of-the-art payroll platform that can integrate seamlessly with various world-class time-and-attendance platforms. "Our partnership with OneAdvanced is poised to combine the best values of both our platforms and bring a unique value proposition to the market that helps firms enhance their employee experience, stay on top of regulations, and digitally transform their workforce management and payroll processes," Mr Goel stated.

Concluding on the partnership, Damien Durston remarked, "When it comes to business compliance, operational efficiencies, and cost savings, we play a strategic role in helping our customers achieve these outcomes. Through our technology partnership with Ramco, we're proud to say that we have both been able to help our customers make significant improvements; so, it's a win-win solution for everyone."

Follow us on:
Follow us on LinkedIn Follow us on X
Share on:
Share on LinkedIn Share on X