Ramco understands the need to address important issues such as workforce and succession planning, and proactive talent management (HR, M&As, and baby boomer exits). As such, Ramco’s approach is an enterprise solution suite that is tailored to the needs of its clients, where users can install only the modules that they need, and leave out the ones they don’t need. Depending on the country, some of those modules are essential, while others are elective, such as payroll, workforce planning toolkit (HCM Interventions), informed compensation management, and integrated talent management suite.
By co-creating, adapting, or delivering existing solutions that are built for change and innovation, Ramco HCM addresses the entire employee life cycle. So, rather than redeploying an enterprise system as an organization reacts to regulatory changes, corporate initiatives, and market conditions, Ramco’s underlying platform can help businesses leverage their existing business process models to quickly compose new business models. And it quickly delivers these new capabilities with virtually no disruption to the IT infrastructure.
VirtualWorks: Key to Delivery
Some of the key differentiators of Ramco’s HCM and its innovative HCM practice is through its unique technology and analytics platforms which enable rapid co-creation and integration of highly targeted, strategic HCM solutions.
I’ll use the following analogy to give you a better idea how VirtualWorks works. When you want to use a microwave oven, you know that it will have a door, a timer, and some other common features. You do not have to assemble the microwave from parts; you just have to buy one and learn how to use it. You can upgrade your microwave to another model in a few years, and you would not have to relearn how to use it. The microwave is a module with known functionality.
This same concept extends to the careful design of programming modules; they are modules that you can plug into a base. In the case of Ramco HCM, that base is VirtualWorks. The module concept, known as service-oriented architecture (SOA), has a property in which the module is a building block, which you can include or not. The concept of applications using SOA modules is one that most ERP vendors today strive for. Ramco, with their VirtualWorks platform, has implemented SOA.
With the Ramco VirtualWorks platform, application code can be built or assembled from components very quickly. VirtualWorks has a repository of over 1,000 solution components and a code generation engine. What this combination translates to is that one can say yes or no to the inclusion of the module. The HCM application with selected modules is an easily built, flexible business process focused on delivering high-level analytics.
Ramco’s HCM practice is still relatively new, having been formally launched as a practice in the spring of 2008. Its co-creation/tailoring/"solutioning" model leverages its platform (which is built for rapid and constant change) and is radically different from an off-the-shelf solution. As such, potential problems could occur if you—as a customer—decided to move your data to another hosting platform. Would that platform provide the same reliable, rich functionality?
By co-creating, adapting, or delivering existing solutions that are built for change and innovation, Ramco HCM addresses the entire employee life cycle. So, rather than redeploying an enterprise system as an organization reacts to regulatory changes, corporate initiatives, and market conditions, Ramco’s underlying platform can help businesses leverage their existing business process models to quickly compose new business models. And it quickly delivers these new capabilities with virtually no disruption to the IT infrastructure.
VirtualWorks: Key to Delivery
Some of the key differentiators of Ramco’s HCM and its innovative HCM practice is through its unique technology and analytics platforms which enable rapid co-creation and integration of highly targeted, strategic HCM solutions.
I’ll use the following analogy to give you a better idea how VirtualWorks works. When you want to use a microwave oven, you know that it will have a door, a timer, and some other common features. You do not have to assemble the microwave from parts; you just have to buy one and learn how to use it. You can upgrade your microwave to another model in a few years, and you would not have to relearn how to use it. The microwave is a module with known functionality.
This same concept extends to the careful design of programming modules; they are modules that you can plug into a base. In the case of Ramco HCM, that base is VirtualWorks. The module concept, known as service-oriented architecture (SOA), has a property in which the module is a building block, which you can include or not. The concept of applications using SOA modules is one that most ERP vendors today strive for. Ramco, with their VirtualWorks platform, has implemented SOA.
With the Ramco VirtualWorks platform, application code can be built or assembled from components very quickly. VirtualWorks has a repository of over 1,000 solution components and a code generation engine. What this combination translates to is that one can say yes or no to the inclusion of the module. The HCM application with selected modules is an easily built, flexible business process focused on delivering high-level analytics.
Ramco’s HCM practice is still relatively new, having been formally launched as a practice in the spring of 2008. Its co-creation/tailoring/"solutioning" model leverages its platform (which is built for rapid and constant change) and is radically different from an off-the-shelf solution. As such, potential problems could occur if you—as a customer—decided to move your data to another hosting platform. Would that platform provide the same reliable, rich functionality?
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