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<\/a><\/p>\nChennai, INDIA\/ Dubai, UAE \u2013 December 20, 2017 \u2013\u00a0<\/b>Ramco Systems<\/b><\/a>, a global enterprise software company focusing on enterprise cloud platform, products and services today announced that Ramco\u2019s Global Tax Engine is configured to address UAE VAT, which is one of the biggest tax reforms being introduced in the Gulf nation. Ramco\u2019s Finance and Accounting Suite will offer clients\u2019 a VAT-ready application to manage the new tax regime.<\/p>\n \n Effective 1st<\/sup>\u00a0January 2018, the UAE government will implement taxation in efforts to diversify its source of revenue. The scalable ERP Financials application from Ramco is VAT compliant and will enable clients\u2019 adhere to statutory regulations as prescribed by the government. The Finance & Accounting module will also handle the input\/ output credit and generate settlement forms, ensuring an efficient & accurate VAT compliant ERP \u2013 which is Cloud, Mobile and Chatbot enabled.<\/p>\n \n Virender Aggarwal, CEO, Ramco Systems,\u00a0<\/b>said,\u00a0\u201c<\/b>The new tax regime opens up opportunity for us to address growing organizations which hitherto managed their Finance on disparate legacy systems that lack the functionality\/ depth required to address the changing Finance needs. The\u00a0<\/b>robustness of\u00a0<\/b>Ramco\u2019s\u00a0<\/b>Global Tax Engine coupled with progressive features built for new-age Finance professionals,\u00a0<\/b>makes for a fully optimized system to manage operations, both across GCC and globally.\u201d<\/p>\n \n Offered both on Cloud as well as on premises,\u00a0Ramco Finance & Accounting<\/b>\u00a0is being leveraged by several medium to large-sized organizations both as an integrated solution part of a full suite ERP as well as stand-alone application. Ramco recently entered the\u00a0Magic Quadrant for Cloud Financials<\/a>\u00a0owing to the focus\u00a0placed on building deep domain-integrated financials and offering next-gen features which bring automation, simplification and cognitive capabilities to the application.<\/p>\n \n Ramco ERP on Cloud with advanced Finance and Accounting modules equips customers with better visibility, tighter control and improved profitability. Ramco\u2019s focus on innovations in usability, context-awareness, mobility, overall flexibility, apart from a comprehensive set of functionality has enabled smooth transition for customers to the VAT-era with multiple customers already upgrading and opting to be VAT ready.<\/p>\n \n About Ramco Systems:<\/b><\/p>\n Ramco is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in the area of HCM and Global Payroll, ERP and M&E MRO for Aviation. Part of the USD 1 billion Ramco Group, Ramco Systems focuses on Innovation and Culture to differentiate itself in the marketplace. On Innovation front, Ramco has been focusing on moving towards Cognitive and Robotic ERP with features such as\u00a0Bot It \u2013\u00a0<\/b>which allows users to complete transaction using natural conversations;\u00a0Mail\u00a0<\/b>it<\/b>\u00a0\u2013 transact with the application by just sending an email;\u00a0HUB It<\/b>\u00a0– a one screen does it all concept built to address all activities of a user;\u00a0Thumb It<\/b>\u00a0\u2013 mobility where the system presents users with option to choose rather than type values and\u00a0Prompt It<\/b>\u2013 a cognitive ability which will let the system complete the transaction and prompts the user for approval.<\/p>\n \n With 1600+ employees spread across 24 offices, globally, Ramco follows a flat and open culture where employees are encouraged to share knowledge and grow. No Hierarchies, Cabin-less Offices, Respect work and not titles, among others are what makes the team say, Thank God it\u2019s\u00a0Monday<\/span><\/span>!<\/p>\n \n Only APAC vendor to be positioned in Gartner Magic Quadrant for Cloud Financials & Cloud HCM Suites; Enters as a Contender in The Forrester Wave\u2122: SaaS Human Resource Management Systems, Q3 2017; Winner of the HR Vendors of the Year 2017 Awards for Best Payroll Software, Best HR Management System and Best Talent Management Software; Recognized as a \u2018Highly Recommended\u2019 Payroll Software Supplier of the Year 2017 by Global Payroll Association; Positioned as \u2018Achiever\u2019 in Everest Group’s Multi-Country Payroll Platform Assessment<\/b><\/p>\n \n For more information, please visit\u00a0http:\/\/www.ramco.com\/erp<\/a><\/p>\n Follow Ramco on Twitter\u00a0@ramcosystems<\/a>\u00a0\/\u00a0@ramcoerp<\/a>\u00a0and stay tuned to\u00a0http:\/\/blogs.ramco.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Middle East businesses to benefit from robust Finance application which enables easy transition to Value Added Tax (VAT) regime \u00a0 Chennai, INDIA\/ Dubai, UAE \u2013 December 20, 2017 \u2013\u00a0Ramco Systems, a global enterprise software company focusing on enterprise cloud platform, products and services today announced that Ramco\u2019s Global Tax Engine is configured to address UAE […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-8217","post","type-post","status-publish","format-standard","hentry","category-corporate"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/8217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8217"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/8217\/revisions"}],"predecessor-version":[{"id":8218,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/8217\/revisions\/8218"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}