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Vendor News

Industry developments from the global payroll vendor and research community.

ITOrizon Partners With Ramco Systems

ITOrizon, Inc., a global supply chain solution provider, announced its partnership with Ramco Systems, a global enterprise software company focusing on enterprise cloud platforms, products, and services.

According to the company, Ramco Systems offers flexible end-to-end logistics software, including order management and rating and billing, which features fully integrated HR and finance. By using Ramco’s platform, ITOrizon will heighten and extend its integrated supply chain management solutions for existing and new customers across the five continents it serves.

Shan Muthuvelu, President of ITOrizon Inc., said logistics providers such as Ramco play a critical role in the supply chain industry by offering cost-effective solutions and addressing complex supply chain challenges through innovative features around analytics and seamless integration.

“To improve customer service, 3PLs (third-party logistics) need comprehensive IT solutions for the entire business and supply chain systems with global offerings,” Muthuvelu said. “Ramco’s product is intentionally designed for the logistics provider market and targeted to alleviate their pain points. Partnering with Ramco Systems will help us serve those markets in a more efficient manner under one roof.”

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EU Approves ADP’s Binding Corporate Rules for GDPR

ADP has received approval from the 28 European Union (EU) data protection authorities to implement Binding Corporate Rules (BCRs) as both a data processor and data controller as part of the pending General Data Protection Regulation (GDPR). This approval means that ADP will implement the highest standards of global data protection both as a processor of clients’ data and as a data controller for the personal data of its employees and other business associates.

ADP President and CEO Carlos Rodriguez said that by adopting BCRs, ADP will help its clients meet the highest standards expected by the EU, provide solutions that support multinational business needs, and offer an extra level of governance over the protection of their data. He added that implementing BCRs illustrates ADP’s commitment to protect personal data in accordance with the standards required in the EU, regardless of where the European data is processed, accessed, or hosted.

“We’re passionate about protecting the privacy of our clients’ and employees’ personal information at every stage,” Rodriguez said. “We define, develop, and refine our products and set the policies that govern how we gather and manage data every single day.”

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Paychex Acquires Lessor Group

Paychex, Inc., a provider of integrated human capital management (HCM) solutions for small to medium-sized businesses, announced the acquisition of Lessor Group, a provider of payroll and HCM software solutions headquartered in Denmark and serving clients in Northern Europe.

Lessor provides services under two models—a software-as-a-service and on-premise suite through its Lessor platform and Microsoft Dynamics, and a do-it-yourself, cloud-based platform branded for Denmark, Germany, Norway, and Sweden.

Paychex President and CEO Martin Mucci said Paychex has been looking to expand in European countries beyond its Germany operation. He considers the acquisition to give Paychex significant client and revenue growth opportunities and value for business owners, making it easier for them to be efficient and compliant.

“Our two organizations share a commitment to businesses in the markets we serve,” Mucci said. “The combination of Lessor’s payroll and HCM software products and Paychex’s full-service business process outsourcing service bureau capabilities will provide a complete technology-enabled services platform in our markets.”

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