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Kudu Company for Food and Catering is a leading restaurant chain in the Kingdom of Saudi Arabia. It operates over 300 restaurants operating across the country.
Ramco will provide Kudu with a payroll system compliant with the Saudi Arabian statutory requirements, in addition to modules covering core HR, time & attendance and employee benefits including leave, travel and expense management. The organization will also implement Ramco's touchless, facial recognition-based time & attendance system for real-time tracking of its employees across 300 branches.
Rohit Mathur, Head – Ramco Global Payroll & HR Solution, Ramco Systems, said, "It is impressive to witness the trust Ramco has been winning from some of the biggest and most successful fast-food brands. Our thrust and focus on bringing Artificial Intelligence, Machine Learning, Voice, Chatbots and more, continue to offer a digital edge to organizations like Kudu, and fast-track their digital transformation journey. We are confident that Ramco's tech-powered HR & Payroll solution will offer Kudu smarter employee management and a next-gen employee experience."
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.
The company reported a consolidated net loss of Rs 26.38 crore in Q4 March 2022 as against net profit of Rs 7.36 crore in Q4 March 2021. Sales declined 17.31% to Rs 123.92 crore in Q4 FY22 over Q4 FY21.
Shares of Ramco Systems have rallied 19.70% in five straight sessions.
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