Ramco...

Chennai-based Ramco Systems, a global ERP-II player, is introducing Ramco Business Decisions to address corporate performance management. This will be a critical part of the next-generation ERP-II suite of products, Ramco iEnterprise Series 4.0, that will be launched later this year. 

"An unified, transparent corporate performance management solution is becoming imperative in businesses worldwide. Based on initial reviews with leading consultants, we believe we have a winner at hand. Ramco Business Decisions has all the promise and potential to become a world-class corporate performance management solution," said Kamesh Ramamoorthy, Vice President-Enterprise Products, Ramco Systems.

Ramco Business Decisions, a web-architected software product provides relevant information in the form of metrics/related reports and links this information with appropriate actionable processes in the form of business rules, alerts and workflow. It also monitors critical events on a near-real time basis to facilitate preventive actions.

The Balanced Scorecard methodology propounded by Robert Kaplan and David Norton has been incorporated as the strategic performance management framework in Ramco Business Decisions. In addition, closed-loop planning and control framework is also available to address the tactical and operational perspectives. These frameworks allow managers to focus on the issues at hand in the form of easy to understand goal hierarchies.