Ramco Systems shines on implementing Payce platform at Air Niugini

Ramco Payce has replaced Air Niugini’s legacy system for payroll and time and attendance, thereby digitally transforming the operations of 2000+ employees across 4 countries

Ramco Systems is currently trading at Rs. 401.00, up by 15.75 points or 4.09% from its previous closing of Rs. 385.25 on the BSE.

The scrip opened at Rs. 389.90 and has touched a high and low of Rs. 404.50 and Rs. 385.25 respectively. So far 5896 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 522.40 on 04-Dec-2024 and a 52 week low of Rs. 270.00 on 04-Mar-2025.

Last one week high and low of the scrip stood at Rs. 409.90 and Rs. 376.80 respectively. The current market cap of the company is Rs. 1496.17 crore.

The promoters holding in the company stood at 53.21%, while Institutions and Non-Institutions held 15.22% and 31.56% respectively.

Ramco Systems has successfully implemented its Payce platform at Air Niugini, the national airline of Papua New Guinea. Ramco Payce has replaced Air Niugini’s legacy system for payroll and time and attendance, thereby digitally transforming the operations of 2000+ employees across 4 countries. Powered with platform driven automation, Payce enables Air Niugini to considerably reduce payroll processing time and paperwork for income tax compliance. 

In addition, the solution provides Air Niugini’s central payroll team with a 360-degree view of the airline’s payroll operations. Payce also seamlessly integrates with Air Niugini’s new ERP and HCM applications, thereby delivering a secure data flow.

Ramco Systems, part of the Ramco Group, has delivered enterprise software and services since 1989.