CHENNAI, September 8: Ramco Systems has expanded its range of
Enterprise Business Management (EBM) solutions for the financial services
segment with the launch of Ramco Fixed Asset Management System (FAMS) and
Ramco Procurement and Expense Processing System (PEPS). Ramco's EBM
solutions are designed to help financial service companies improve their
operational efficiency through enhanced process integration, control and
analysis capabilities.
The Ramco EBM solutions will comprise the Ramco Procurement and Expense
Processing System (PEPS), the Ramco Fixed Asset Management System (FAMS)
in addition to the existing Ramco Human Resources Management Solution (HRMS).
Ramco Systems Sales Director Banking and Finance Chandramohan Nair
indicated that, Ramco FAMS and Ramco PEPS were competitively priced and
took into account a number of factors such as number of sub-modules
required, number of users, locations across which the product was to be
implemented and customer-specific features that may need to be
incorporated.
Ramco FAMS is an automated and integrated system catering to
requirements related to fixed asset procurement, maintenance, monitoring
and disposal in addition to financial management and tax requirements. It
supports both centralized and decentralized management of fixed assets.
Ramco PEPS supports the entire procurement and expense processing life
cycle. This includes support for stock items such as security forms as
well as expensed items such as consumables and services, vendor payables
tracking, vendor analysis, budget definition of expense items and the
multi-dimension analysis of budgeted and actual expenses.