The CEO Magazine
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Leverage their seventeen-year expertise to create a solid software foundation for your business: RCS Technologies

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Leverage their seventeen-year expertise to create a solid software foundation for your business: RCS Technologies

RCS Technologies was incepted in the year 1991 with a mission to always push the state of the art as a company. With vision to adapt to changing technology, the company supports customers in many locations across the globe with the help of more the 450 staff. The company has been fortunate to be led by a team of experts who are superior in terms of experience, knowledge and dedication. RCS is a tried-and –true software development company that has been living and breathing technology since its inception. As a bespoke software development company they have delivered a vast range of applications that have made a significant difference in customers’ businesses.

A proven and reliable vendor choice, RCS is passionate in its mission to create attractive, resilient products for its clients. Its powerhouse team has been handpicked of specialties in creating products like TRAXX, CartIQ and COMPAS, and services like Asset Verification Tagging & Reconciliation, Floor-to-Book Reconciliation and Wall-to-Wall Physical Inventory. Being a large app development company in India, RCS has been an Information Technology company providing next generation e-business solutions for fortune 500 companies. Their Browser based products have been providing world class solutions for Asset Management and Tracking, Customer Care and Compliance Management.

Implementing software solution in various industries under one roof, is a challenge on account of various factors, which RCS has successfully achieved by adopting customer centric approach rather than traditional product centric approach. They take unique approach by focusing traditional and new methods to develop quality software at speed, while retaining their personal touch and fastidious attitude to planning. Thoroughly analyzing you business needs, industry and product requirements, the company delivers tailor-made, cost-competitive, scalable and robust software solutions.

RCS’ experience across various industries and being partners to the companies like Wipro, SUN Microsystems, IBM and Citrix translates into a differentiated value proposition and stimulates time-to-market for clients. The company delivers comprehensive services to hundred businesses that include sectors like BPOs with over ten thousand employees and banks. RCS’s transparent, efficient and flexible world class software development process zero down risk of project failures and creates powerful software solutions that meet present as well as future demands.

On being asked about differentiating factors, Mr. Ranjeet Singh says, “We do all the activities pertaining to Fixed Assets Management. We manage FAs from cradle to grave or procurement to retirement. Customers can use our procurement module to procure assets and track vendors. They can use our tracking module to allocate assets to users and transfer them across locations. Our audit module can conduct IFRS complaint asset audits. The depreciation module depreciates on multiple standards.

We also provide FAMS services. Our Verification, Tagging and Reconciliation (VTR) team gathers wall to wall data of assets tag them and update the data in TRAXX our FAM software. We do this for large clients some of them have over 1000 locations.

Our trained asset executives’ work in many locations of our customers, managing our software and supervising logistics for SLA based asset allocations.”

Mr. Ranjeet Singh, in a chat with The CEO Magazine

What is the business problem it hopes to solve with its solutions and offerings? 

Most organizations have variation between their financial asset register (FAR) and physical asset register (PAR). Some cases this variation is up to 35%. Variations are due to improper updating of asset data pertaining to purchase, allocation, movement and retirement.

Compiling a clean PAR with our VTR team and Implementation of TRAXX solves all FAM related business problems.Please tell us about Road Map and Future Plans of your organizations.

  • Stronger focus on our cloud offering
  • Addressing organizations with between 1000 and 10,000 employees. Currently most of our customers are in the above 10,000 employee category
  • Focusing on customers abroad

How do you learn in your life and what is your biggest dream?

Trying to do things better all the time motivates me to learn. I read a lot about successful business leaders. I also read about technology which can help us improve our products and services. However, all the practical learning comes from my interactions with our team and our customers.

Our product has the best features of FAM and is time tested. We want to become the Global Leader in FAM by acquiring customer in other geographies.

What was your journey like to get where you are?

The journey has been very exciting and generally smooth. We owe this to our customers who showed enormous confidence in our capabilities.

Tell me how you’ve approached change.

Being in the technological industry we are always looking for new processes and technologies and new standards as well. We take change very positively. Our adaptability to change is agile.

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