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Vendor News

Industry developments from the global payroll vendor and research community.

Ramco Systems Signs with Global Top 5 Aircraft Manufacturer in China

Ramco Systems, a global aviation software provider on cloud and mobile, announced that it has secured an order from one of the global top five aircraft Original Equipment Manufacturers (OEMs) for its joint venture in China. 

Ramco will help the China-based manufacturing center embrace the latest technology to automate its maintenance and engineering, supply chain, finance, human capital management, and payroll functions on a unified platform. The application will enable users to track aircraft components and provide advanced reporting support as well as address local compliance requirements for HR, payroll, and finance. 

“With this win, we now have two of the top five global aircraft OEMs as our clients,” Ramco CEO Virender Aggarwal said. “Ramco’s ability to address the end-to-end needs of the aviation industry with a comprehensive offering and experience with existing customers in the Chinese region played a key role in winning this strategic deal. With China expected to become the world’s largest aviation market in the next decade, this win will pave the way for further growth from the region.” 

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Wolters Kluwer Author Wins International Award 

Wolters Kluwer Legal & Regulatory U.S. author Dr. Marta Papis-Almansa has received the Maurice Lauré Prize for her book, “Insurance in European VAT: Current and Preferred Treatment in the Light of the New Zealand and Australian GST Systems.” 

Dr. Papis-Almansa’s work addresses the legal challenges inherent in the application of European Union value added tax (VAT) to insurance. The study provides legal analysis of the treatment of insurance in the harmonized system of VAT as compared to the treatment of insurance in the New Zealand and Australian Goods and Services Tax (GST) systems. 

David Bartolone, Vice President and General Manager of the International Group at Wolters Kluwer Legal & Regulatory U.S., said the book is the first to draw a comparative in-depth study of the treatment of insurance in the two systems.

“We congratulate Dr. Papis-Almansa on this well-deserved honor,” Bartolone said. “Wolters Kluwer provides industry-leading content for the international global business and academic communities, and we are pleased to add this important work to our acclaimed compendium of resources.” 

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Canadian Credit Union Benefits From UltiPro Software 

Ultimate Software announced that Innovation Credit Union, a Canadian financial cooperative, is using UltiPro to better align company and employee goals and reduce administrative burdens on HR and employees. 

Prior to UltiPro, the company managed its HR processes with manual, time-consuming spreadsheets that prevented the company from tracking employee progress on HR-related tasks, sharing information with managers and executives, and creating efficiencies. 

“We develop annual goals for all employees—regardless of position or department—that focus on our balanced scorecard, company values, and our employees’ personal development,” said Kathy Irwin, Manager of People & Development at Innovation Credit Union. “Management was excited by this new, simplified process that ensured that our corporate goals were worded identically for all staff. In addition, UltiPro’s ability to push out goals in an editable state enables managers to individualize goals if necessary.”

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