After expanding into China and setting up office in the Philippines, Ramco Systems continues its expansion in APAC with Brunei’s largest bank and flagship Islamic financial institution, Bank Islam Brunei Darussalam Berhad (BIBD) today announcing that it will integrate its business processes across HR and enterprise resource planning functions with Ramco Systems’ Enterprise Resource Planning (ERP) integrated with full suite Human Capital Management (HCM) and Global Payroll.
Cloud software provider Ramco beat global vendors to secure the contract with BIBD, Brunei’s flagship Islamic bank and the country’s largest financial services provider serving all banking sectors. The partnership marks Ramco’s entry into Brunei and strengthening of presence in South East Asia.
Ramco will implement its ERP solution integrated with full suite HCM and Global Payroll, across BIBD’s branches and 900+ employees spread in Brunei’s four districts. The scope of engagement includes Finance and Accounting, Inventory and Procurement, as well as core HR functions, Time & Attendance, Payroll, Training and Recruitment.
Tahir Muzaffar, CIO, Bank Islam Brunei Darussalam, said, “We are excited to embark on a digital journey with Ramco’s ERP integrated with full suite HCM & Global Payroll. This transformative project will support our push into digitizing our back office operations as part of our overall business strategy of streamlining our services & processes to not just our customers and partners, but also our internal staff. Our partnership with Ramco ERP will digitize procurements, payments and hire to retire functions thus bringing better visibility of our assets and improving productivity. With in-built Mobility and Analytics, we will be among the forerunners in bringing modern-day banking experience to our partners and staff.”
Virender Aggarwal, CEO, Ramco Systems, said, “Ramco has been a trusted choice of brands looking for embracing innovative technology solutions that can transform their business. Our partnership with Brunei’s leading financial Institution is a reflection of the strong product capability, innovative features that we bring to the table and above all positive customer sentiment. With BIBD, we expand into yet another new market which holds new promise and opportunity for further growth in Asia.”
Ramco ERP as a postmodern and single integrated ERP platform has been delivering significant innovation, cost savings, and superior business processes to organizations, globally. Ramco’s focus on innovations in usability, context-awareness, mobility, overall flexibility, apart from comprehensive set of functionality has enabled smooth transitions possible for customers. Ramco also offers a comprehensive hire to retire HR Software with Global payroll and Time & Attendance. With a comprehensive coverage of APAC, Middle East and Australia, Ramco Global Payroll covers countries such as Hong Kong, Philippines, Thailand, Indonesia, Singapore, Malaysia, Vietnam, China, India among others in APAC; all of GCC and Egypt, Nigeria, Ghana, Sudan, Republic of S. Africa, in Middle East-Africa; Australia, New Zealand, United States and UK.