Ramco Systems to manage HR operations of Kuwait Food Company
Ramco Systems Limited has announced that Kuwait Food Company (Americana) K.S.C.C., which is one of the largest food companies in the Middle East, has chosen it to manage the HR operations. Ramco will be implementing its HR suite, including modules to automate core HR, leave, time & attendance, global payroll, talent management and performance management.
In addition to a unified HR platform, Americana will leverage Ramco’s managed payroll services to effectively handle its multi-country, multi-currency operations, thereby strategically helping Americana in its growth and expansion plans. Phase 1 implementation in the UAE for 9,000 employees has gone live.
Americana Group was founded in 1964 in Kuwait. It employs more than 60,000 employees across its two divisions. Americana Restaurants Division operates close to 1,900 restaurants of some of the world’s most popular brands.
Ramco Systems is a next-gen enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HR and global payroll, ERP and M&E MRO for aviation. It is part of the USD 1 billion Ramco Group.
On Wednesday, the stock of Ramco Systems opened at Rs. 212 on the BSE. During the day, it made intra-day high and low of Rs. 215.60 and Rs. 206.55 respectively and got closed at Rs. 209.20.