PeopleSoft vs Ramco HCM comparison

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5,962 views|5,190 comparisons
86% willing to recommend
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398 views|228 comparisons
66% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between PeopleSoft and Ramco HCM based on real PeerSpot user reviews.

Find out in this report how the two Benefits Administration solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed PeopleSoft vs. Ramco HCM Report (Updated: May 2024).
772,679 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"PeopleSoft has been fairly reliable for us. We haven't had any issues with stability.""Its user interface is impressive.""I would recommend the solution. It's very stable and scalable, which makes it a reliable solution.""Very stable in terms of performance and scalability.""I often say that PeopleSoft's greatest feature is how customizable it is.""In general, this solution is user friendly and also performs well. There are two types of forms. One is a standardized form, which you can define things into. The other, you can customize so more repetition can be done in an even manner. That way, it can be designed for what the public or user actually wants. It's not very tough for any person, or layman to understand exactly what the screen requires one to do.""The most valuable feature of the solution is its stability.""I'd like PeopleSoft to be like on the cloud and more mobile-friendly. If I try to access it from a cell phone, it's a bit difficult, so it would be great if PeopleSoft could improve these features."

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"In general, the solution is very flexible and can be configured in multiple ways.""Ramco HCM stands out due to its reliability and up-to-date compliance with legal, statutory, and regulatory requirements.""Ramco is user-friendly. The UA is excellent and so easy to use that a customer can easily understand the process with zero knowledge of the system. We can easily walk a new user through the user guide. For each ESS MSS, I can log in to the ESS access. and documentation is available.""Once we implemented this solution, it was customizable for our needs and this has been the most valuable aspect of this solution.""The performance management system is really good.""It is a good product, and it is suitable for different client requirements. It has customization options and flexibility. You can customize a report or configure the workflow based on your requirements. Everything is there in the product, and you can customize it as per your requirement. Our clients found the automation of the payroll, leave attendance, and onboarding modules the most valuable. The Time and Attendance module is fully integrated with this solution and supports multiple data entry modes, such as barcode, biometric device, fingerprints, and face reading. Its core HR module includes features like movement, expense management, exit, and separation. The compensation and benefits module includes features like welfare, retirement, and superannuation. It also has analytical tools. You can create a real-time report based on your requirements. You can also publish that report in different formats, such as Excel, PDF, HTML, etc. It has a chatbot feature, which is using machine learning and natural language. You can ask questions about your leave balance, attendance, or things like that, and you will get an immediate reply from the chatbot. It also supports approval through email.""Payroll processing is very easy. SQL rules can be attached to any pay elements.""Ramco HCM is a stable system that doesn't have downtime or fluctuation issues. It can also take large volumes and scale up very fast."

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Cons
"PeopleSoft lacks integration capabilities.""I would like for the initial rollout process to be completed faster so that it can be implemented in a more efficient manner.""Parsing of CVs is productive but accuracy can be improved.""In my opinion, it needs more performance, maybe something technical related, because it's very slow for us and even small activities take a while.""The solution needs to work on its mobile technology. We're hoping in the next version we're working on implementing, 9.2, will have more of this.""Areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically.""Response time takes very long and requires a person to be awake night and day to benefit from it.""The API integration could be better."

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"The entire UI/UX of the solution can be improved drastically.""The mobile app and web page user experience could be more user friendly.""The talent management and performance appraisal modules could use some improvement.""The product itself sometimes feels inconsistent because it comes with bugs.""Ramco could be a bit faster and offer more use cases. A prime aim is to get analytics and this is lacking in Ramco. This lack of reporting is one of the reasons we are moving away from using Ramco.""They can improve the configuration time because it takes more time than other products to configure the system. It could be because they are managing this single product for all countries, but it would be good if they improve the implementation time because we need to implement the solutions within a timeline. They should provide some kind of auto-configuration so that the system can be configured and implemented within a certain timeline. Implementors should have a provision to configure the system in a short time. There should also be an option to move the setup or configuration from staging to production to save time. These types of automation should be there.""One area for improvement in Ramco HCM is its UI, which could be more intuitive. Another area for improvement in the system is that it can be challenging to make some modular-based changes to it.""The mobile app for this solution could be improved as it lacks many features."

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Pricing and Cost Advice
  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft Pricing and Cost Advice →

  • "Their customized solution is pretty expensive but much cheaper than its competitors."
  • "I am not aware of the price because I was working in the implementation team, but pricing is generally based on the requirement, modules, headcount, and country."
  • "This solution is priced in the middle compared to other solutions on the market."
  • More Ramco HCM Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
    Top Answer:Ramco HCM stands out due to its reliability and up-to-date compliance with legal, statutory, and regulatory requirements.
    Top Answer:Ramco is a complex system that does not come with GPS tracking functionality. Customization of Ramco is a big problem and can be costly. When you open Ramco, you should see a dashboard that gives you… more »
    Ranking
    3rd
    Views
    5,962
    Comparisons
    5,190
    Reviews
    15
    Average Words per Review
    500
    Rating
    8.0
    12th
    Views
    398
    Comparisons
    228
    Reviews
    6
    Average Words per Review
    519
    Rating
    6.2
    Comparisons
    Oracle HCM Cloud logo
    Compared 16% of the time.
    Workday logo
    Compared 13% of the time.
    SAP SuccessFactors logo
    Compared 10% of the time.
    SAP ERP logo
    Compared 7% of the time.
    DarwinBox logo
    Compared 33% of the time.
    SAP SuccessFactors logo
    Compared 28% of the time.
    SAP HCM logo
    Compared 20% of the time.
    Workday logo
    Compared 18% of the time.
    Learn More
    Overview

    PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Ramco HR & Global Payroll is a complete and refreshingly simple cloud HR software covering HR needs from hire to retire. It offers Core HR, Time and Attendance, Global Payroll (across 45+ countries), Talent Management, Recruitment, Planning & Analytics. Ramco HCM empowers through innovative tech like bots, Zero UI, mobility, in-memory payroll, enabling Digital HR.

    Ramco HCM’s unique offerings encompasses but not limited to

    • Unified HR platform with Global Payroll

      • Use of Chat-bots

      • Rapid Deployment capabilities

      • EmpSense - an app to capture employee mood in real-time

      • Talent Tagging - helps managers tag skill-sets to employees for identifying right employee for a project

      • SMS based Employee Self Service ESS - allows users to apply leave, raise queries,via a text message

      Ramco HR & Global Payroll is scalable and can be deployed on cloud or on-premise. It integrates with most of the existing ERP, Financial business applications. It caters to medium and large enterprises- 500+ to 100000+ employees. For more details, please visit http://bit.ly/2cIqeCq.

      Ramco is a fast growing cloud enterprise software player across HR and Global Payroll, ERP, Asset Management, Logistics and Aviation MRO. Trusted over 500+ multinationals, Ramco has been recognized by Nelson Hall, Everest Group, CIO Honour, Human Resources Group & CIO Choice


    Trusted over 400+ multinationals across 35+ countries, Ramco HCM has been globally recognized by Nelson Hall, Everest Group, CIO Honour, Human Resources Group & CIO Choice.

    Click here for more information or write to us at contact@ramco.com.

    Sample Customers
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Lifestyle, Bata, Dabur
    Top Industries
    REVIEWERS
    University12%
    Manufacturing Company10%
    Financial Services Firm10%
    Computer Software Company10%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University9%
    REVIEWERS
    Manufacturing Company29%
    Recruiting/Hr Firm29%
    Energy/Utilities Company14%
    Consumer Goods Company14%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Government11%
    Comms Service Provider9%
    Financial Services Firm7%
    Company Size
    REVIEWERS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise13%
    Large Enterprise71%
    REVIEWERS
    Small Business17%
    Midsize Enterprise33%
    Large Enterprise50%
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    Buyer's Guide
    PeopleSoft vs. Ramco HCM
    May 2024
    Find out what your peers are saying about PeopleSoft vs. Ramco HCM and other solutions. Updated: May 2024.
    772,679 professionals have used our research since 2012.

    PeopleSoft is ranked 3rd in Benefits Administration with 80 reviews while Ramco HCM is ranked 12th in Benefits Administration with 12 reviews. PeopleSoft is rated 8.0, while Ramco HCM is rated 7.0. The top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". On the other hand, the top reviewer of Ramco HCM writes "It's so easy to use that a customer can easily understand the process with zero knowledge of the system". PeopleSoft is most compared with Oracle HCM Cloud, Workday, SAP SuccessFactors, Oracle Fusion Cloud ERP and SAP ERP, whereas Ramco HCM is most compared with DarwinBox, SAP SuccessFactors, SAP HCM and Workday. See our PeopleSoft vs. Ramco HCM report.

    See our list of best Benefits Administration vendors and best Talent Management vendors.

    We monitor all Benefits Administration reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.