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Ramco, Police and Nurses Bank ink pact for digital HR
Western Australian member-owned retail bank, P&N Bank (Police and Nurses Limited) has signed an agreement with Ramco Systems to launch a digital HR transformation with Ramco HCM integrated with Global Payroll.
Chennai
Ramco will implement its endto-end HCM solution across all P&N Bank branches in Western Australia, including its Head Office and customer support centre in Perth. This win marks Ramco’s entry into the Banking segment in Western Australia, aiding the company make further inroads into the segment.
The installation of Ramco HCM integrated with Global Payroll comes amidst a movement to digitise Australian Payroll, with Single Touch Payroll (STP) Reporting.
The law which comes into effect from 1 July 2018, requires employers in Australia with 20 or more employees to report employees’ tax and super information to the Australian Taxation Office using Single Touch Payroll (STP) enabled software. This new regulation has triggered organisations to re-look at their Payroll platform. Ramco with its STP-ready Payroll software has been actively working with payroll professionals to enable a smooth transition.
Mark Smith, GM – People & Culture, P&N Bank said “Ramco HCM will help us transition from manual to automated processes.” “This partnership with P&N Bank underscores our growing presence in Australia and New Zealand, following critical acclaim from companies across the APAC region” said Virender Aggarwal, CEO, Ramco Systems.
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