The company said that the multinational companies which have struggled with different tax regimes will be able to harmonise their entire payroll into a single unified platform. Its human capital management (HCM) solution can be configured in complaince with different tax regulations, enabling more companies to meet the Chinese Government's taxation compliance standards.
Virender Aggarwal, CEO, Ramco Systems said, "Many of our current and prospective multinational clients have established operations in China for strategic reasons."
The payroll solution also includes Mandarin and English language capabilities for local expatriate staff respectively, said the company.
Ramco Systems is part of $1 billion Ramco Group, offering sofware for HCM, ERP and aviation verticals. The company's payroll solutions are offered in Asia Pacific, Middle East and Australia, among other countries.
