Nesma, a leading business conglomerate headquartered in Saudi Arabia announced that it has gone live with Human Capital Management (HCM) on Cloud IT solution from Ramco Systems, for their holding company. Further to the successful go-live, Nesma has further placed an order to extend the HCM offering to their group companies.
In the first phase, Nesma Holdings, headquartered in Jeddah, went live on Ramco HCM solution to support talent management, recruitment, training & appraisal, employee data and payroll.
Mubarak Alshahrani, executive manager, IT, Nesma Group, said, ''In line with our efforts to build a unified vision, we embarked on a journey to bring employees across sectors, industries and geographies together on a single integrated HR platform. By leveraging a powerful, scalable HR solution from Ramco, we will be automating HR processes which will help improve productivity and build a closely integrated workforce. Ramco’s ability to address Middle East specific statutory and payroll needs coupled with its unique intuitive mobile-enabled interface has been a key driver in choosing the solution. We are happy with the first phase of implementation and user feedback has been highly encouraging.''
Virender Aggarwal, CEO, Ramco Systems, said, ''Nesma is a well-known conglomerate in the Middle East and we are happy to add them as our client. The adoption of Ramco HCM solution at a group-wide level is indeed a strong endorsement of our capabilities in this space and will augur many more opportunities for us both in the region and across markets.''
Shares of the company declined Rs 1.6, or 0.35%, to trade at Rs 462.10. The total volume of shares traded was 10,998 at the BSE (3.29 p.m., Monday).