A Day in the Life of Payroll Professional

A Day in the Life of Payroll Professional

Finance and hence, Payroll software must understand the time value of money. Payroll software is not an investor but it does handle the payroll dollars, a sum that can be 60% or more of all factor costs in a business. Given the international nature of business, it must understand time zones, local legislation, currencies and industry – business norms to even make a basic entry. We can all agree that this is a tall demand. No guises here,...
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EAM Blog-Reliability management

Reliability & Risk Management with Ramco’s EAM

Most often best-in-class EAM/CMMS systems fail to make the crucial connect with real time assets condition and operations, focusing instead on conventional measures like number of outstanding Work Orders, task completion against standards and norms or MRO inventory costs. The need to improve asset reliability and boost asset uptime and availability are of utmost importance. The future is for Internet of Things (IoT) data driven organization. The...
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QSS

Quick Self-Service, the countenance of HCM Software

Most software do not share your mindset. They make you walk through puddles even during sunny days. A good reporting or interactive experience is predicated on the surface of a keen understanding of engagement. This is not just a subjective word; it has a measure too and is called ‘attention span’. Writers of blogs or software will need to capture audience attention. This ability to elicit focused audience attention comes before delivering...
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malaysian-payroll

Eating Payroll Sushi with Forks – Really!

Of course you can but then would you be able to enjoy IT if it turned into some clumsy Spaghetti and that too with a spoon? Bottom line – Cutlery matters MALAYSIA is beautiful; Malaysia is a cultural melting pot and Malaysia never loses its mystery. If you read any traveller’s account of this lovely region, you would distil the same impression whether it was a food vagabond, financial backpacker, or a business tourist raving about this...
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Talent Pool- The Key of talent management

Talent Pools- The Key for modern Talent Management

HR managers can arm themselves with the information they need on their workforce, if they were to maintain talent pools systematically. Though there are varying definitions of what a talent pool is, it is undeniably an objective source of information on the workforce’s capabilities and even capacities. While skills and tags are capabilities, headcounts in a pool, work experience speak etc. talk of capacities. Talent pool data in Human Resource...
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Succession planning

Succession Planning is no longer a buzz word

While discussing software enablement for the succession planning process, typical audience reaction can range from skepticism, to passivity to even a passionate denial of its need. Indeed the process is far more intricate than the rubric of contemporary IT. No Internet of ‘things’ in Succession Planning, which is usually a process used to identify people within the organization for positions… Succession planning, uncannily, reminds leaders...
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blog

Sourcing/Procurement – Social Collaboration

In this post, I have made an attempt to present an ideation on the concept of using social media to run e-procurement related queries, campaigns and RFx’s cycles. This thereby will render a channel of Sourcing Social Collaboration integrated with Enterprise ERP suites to fulfil all sourcing business function requirements. The below PDF connotes the feasibility to access and utilise professional social networks for facilitating Key sourcing...
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Payroll

Looking for someone twice as fast as Captain America to process your expenses?

67% of companies feel the need to outsource their payroll so that their time can be better spent focusing on strategies impacting business growth. Knowing the fact that one cannot afford errors in payroll calculation, why would companies want their payroll processes to be managed by someone else? A question to ponder over. Payroll being delivered as a managed service is already hewn into our history. A rock steady industry for the last 70+...
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