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Vendor News

Industry developments from the global payroll vendor and research community.

1499842643_fhh3y2ttreMexico City Teams With Mastercard

Mexico City is working with Mastercard to tap the potential of electronic payments. Mexico City’s major subway and bus networks carry 5.5 million travelers each day, and they require different ticketing systems. In addition, about nine million daily trips take place on small buses that take cash only. Mastercard will work with local banking partners to launch a debit card that can be used for both transit payments as well as everyday purchases. According to the company, for many citizens, such a card may be the first step toward building a digital identity—a critical component to fully participate in the formal economy.

“Mexico City has tremendous experience in managing the daily operations of a mega city—a task that is constantly evolving,” said Antonio Junco, President of Mastercard Mexico and Central America. “We look forward to providing our expertise to help Mexico City continue on its path to become a smart, connected, and inclusive city—advancing a better quality of life for all its citizens.”

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1499842644_fhh3y38zc9Conduent Appoints Iyengar as European Leader

Conduent Incorporated, a leading business services provider, has named Srikanth Iyengar as Group Chief Executive-Europe. In his role, Iyengar will be responsible for transforming and growing the company’s presence in Europe.

Iyengar will be based in the U.K. and report to Conduent CEO Ashok Vemuri. Iyengar joins Conduent from Capgemini, where he was a member of the Group Executive Committee and Group Sales Officer and also had direct oversight of the company’s strategic global accounts.

“Srikanth brings a wealth of experience in delivering growth and operational excellence in business services,” Vemuri said. “Under his leadership, Conduent Europe will drive significant profitable growth by implementing a focused strategy and making our operations more streamlined and efficient.”

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1499842645_fhh3y41u30Ramco Develops Payroll Software for Japan

Ramco has announced that its payroll software is now available in Japan. Instead of offering payroll solutions through partners, Ramco has now developed software in both Japanese and English to provide customers with a single solution. According to the company, the software is fully localized and reduces the number of software solutions customers need, making it more cost-efficient.

Ramco Systems CEO Virender Aggarwal said a growing number of multinational organizations are looking to consolidate their worldwide operations on a unified platform.

“Our success in addressing Fortune 500 and MNCs and drive to strengthen our APAC Payroll coverage led to the addition of Japan Payroll,” Aggarwal said. “We are confident that Japanese MNCs will benefit significantly from Ramco’s highly configurable and innovative platform, which will help streamline their national expansion by automating companywide payroll and administrative processes.”

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