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Vendor News

Industry developments from the global payroll vendor and research community.

Ramco Systems Signs Payroll Deal With Panasonic

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Panasonic Group in Malaysia has signed a strategic deal with Ramco Systems. Ramco Systems’ award-winning human capital management (HCM) solution will integrate with multiple enterprise applications and finance systems in individual companies for statutory and payroll requirements. Panasonic Group will lead the Digital HR transformation initiative with a cloud-hosted Ramco HCM suite covering Core HR, time and attendance, talent management, recruitment, planning, and analytics in addition to payroll.

“Ramco HCM has been winning in the home territory of legacy ERP providers, thereby proving that companies are keen to leverage HR systems that offer simplicity and technological superiority,” said PR Venketrama Raja, Vice Chairman and Managing Director of Ramco Systems. “We are seeing a growing trend among multinationals wanting to consolidate their multi-country HR operations on a single platform.”

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Dubai Financial Centre, Accenture Launch FinTech Hive

Dubai International Financial Centre (DIFC), the financial hub for the Middle East, Africa, and South Asian region, and Accenture announced the region’s first FinTech accelerator in Dubai. FinTech Hive at DIFC, according to the company, will bring cutting-edge financial services technology to the MEASA markets, while providing a platform that brings financial services and technology firms together. According to DIFC, Accenture was chosen to set up and operate the DIFC Accelerator because of its experience and expertise in building and running FinTech Innovation Labs.

“DIFC is uniquely positioned to become the regional hub for FinTech,” said Sushil Saluja, Senior Managing Director of Financial Services in Europe, Africa and Latin America at Accenture. “By putting together local banks and FinTech to ideate, collaborate, and partner, DIFC is helping both sectors be at the forefront of the financial services industry.”

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1491250888_18526First Data Expands Software Developer Tools 

First Data has launched First Data Integrated Solutions Group (ISG), a new business segment focused on expanded software developer tools for integration with First Data’s platforms. According to the company, with the formation of the ISG, it is deepening its engagement with independent software vendors, value-added resellers, software developers, system integrators, and other market participants to expand commerce capabilities around the globe.

With support from the ISG, partners will be able to easily integrate and certify their solutions with First Data. First Data is also launching enhancements to its Clover point-of-sale platform that allow developers to build their own branded solutions for merchants within the platform.

“The launch of Integrated Solutions marks an important new chapter of openness for First Data, and continues the spirit of collaboration we have built in recent years,” said Guy Chiarello, President of First Data. “From our point-of-sale operating systems to our eCommerce solutions and mobile technology, First Data has made significant strides in building platforms to spur the development of next-generation FinTech innovations.”

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iiPay Adds Global Sales Leadership as it Changes Global Payroll Market

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Integrated International Payroll (iiPay) announced an aggressive expansion of global sales capabilities undertaken in response to the company’s dramatic growth. Industry veteran Loren Brockhouse, Senior Vice President of Global Sales, will lead the sales effort to accelerate iiPay’s rapid sales growth. Brockhouse has significant payroll experience as a result of his sales leadership roles at ADP, where he started as a major accounts District Manager and advanced to Division Vice President of Sales.

“Internal investments in global sales enable us to grow rapidly and sharpen our focus on changing global payroll for our clients,” said Curtis Holmes, COO for iiPay. “In Loren Brockhouse, we have a proven leader who can help us expand our customer base for our innovative products and services.”

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