Al Faisal Holding, one of Qatar’s largest privately held diversified groups, announces that it has chosen to implement Ramco Systems’ global payroll and HR solution to streamline and automate HR and payroll operations for more than 5,000 of its employees in more than 55 organizations across various industries. It will also implement Ramco’s facial recognition-based contactless time and attendance system for real-time employee tracking.
With modules for Payroll, Core Human Resources, Benefits and Time & Attendance, Al Faisal Holding will also leverage Ramco’s Self Explaining Paylips feature, an AI-powered smart service that will enable employees of Al Faisal to receive explanations on their remuneration and payslip via Ramco. CHIA Virtual Assistant.
Kashif Fateh Dad, Chief Information Officer, Al Faisal Holding Company, said, “Focusing on digital and innovative transformations is an important aspect of Al Faisal Holding’s IT strategy to improve all aspects of the business. The pandemic has accelerated adoption of the on-demand work model.
Digital platforms have not only become catalysts for job creation, they are also enhancing employee autonomy and workplace agility. As a staff-intensive organization, we at Al Faisal Holding look forward to leveraging Ramco’s digital platform to improve employee experience, achieve automations and track employee costs in real time. . With Ramco’s innovative features, we are confident that we will be able to further optimize operations, employee engagement and increase employee productivity, to the benefit of Al Faisal and our employees.
Modar Bakir, Human Resources Director of Al Faisal Holding Company, said, “We have worked hard with IT and Ramco to ensure successful implementation of the system by designing workflows that meet the needs of our ever-changing businesses and offer a one-stop solution. employee experience.
This is a business transformation for the whole group and not just a software implementation per se. We hope this will have a positive impact on the Al Faisal Holding Group and its employees.
Rohit Mathur, Head of Ramco’s Global Payroll and HR Solution, Ramco Systems, said, “Ramco’s global payroll solution integrated with Time & Attendance will provide Al Faisal Holding with a technological advantage in monitoring its key assets – its staff.
Whether it’s monitoring and managing employees, scheduling the right resources for the right tasks, performing overtime calculations, or meeting legal compliances, Ramco’s digital platform will help Al Faisal to automate all of its people-centric operations. We are confident that Ramco, with its intuitive features around contactless presence and chatbots, will provide Al Faisal with innovative experiences and employee delight.
At around 2:50 p.m., Ramco Systems was trading at 290.25 rupees per share, down 4 rupees or 1.36% from its previous close of 294.25 rupees per share on BSE.