Ramco awarded five-year contract for integration of HR systems for Vopak Asia

SINGAPORE: Ramco Systems today announced that it has been awarded a five-year contract from the Asia division of Vopak, the world's largest independent tank storage provider, to integrate a part of its regional Human Resource functions into a single platform. Ramco will offer its HRO (Human Resource Outsourcing) services on top of Ramco's HCM (Human Capital Management) product which is being used by leading multinationals globally.

Under the five-year contract, Ramco's HCM Solution and HRO Services will be made available to over 700 employees across eight Vopak entities in Singapore, Indonesia, Vietnam, Australia and India. Ramco HCM on Cloud will integrate payroll, e-leave, benefits processing, employee self-service and time management functions into a single platform, and offer services that will allow access to Vopak employees and advanced HCM analytics for business and HR leaders.

Virender Aggarwal, CEO, Ramco Systems, said: "Ramco is deeply committed to providing mobility and intuitive interfaces with differentiated value. This win reaffirms our team's efforts to offer a comprehensive HCM product that is scalable and deployable across a wide region. Our ability to address every need of the HR community with a combination of platform, product and service is helping us get the winning edge in a cluttered market."

With close to 400 years of history, Vopak, headquartered in the Netherlands, operates 79 terminals in 29 countries, with the Asia division accounting for 26 terminals in 10 countries. Ramco's HCM platform will enable standardization of HR policies and centralization of operations across countries in Vopak Asia.