HCM Business Analyst at a tech services company with 201-500 employees
Real User
2020-12-21T00:46:50Z
Dec 21, 2020
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.
Business Analyst at a tech services company with 51-200 employees
Real User
2020-12-09T22:22:34Z
Dec 9, 2020
Ramco's customized solution is pretty expensive but much cheaper than its competitors. With proper planning, documentation of requirements, you can avoid delays and keep costs down. The more you customize, the higher the costs as you'll need a team to build it.
IT Director at a manufacturing company with 5,001-10,000 employees
Real User
2020-12-06T09:56:00Z
Dec 6, 2020
The license is not a subscription model. It's not the SaaS subscription model, but otherwise it runs like an SaaS. They have three or four different licensing models, but we opted for a perpetual license. We own the license and it's hosted and managed by Ramco. It's very straightforward, you could choose a public option or something that's on an SaaS subscription model or you can have your own hosting and your own license. The third option, which we chose, is to have your license hosted by Ramco. We pay the standard, one-time license fee, annual maintenance, and management and hosting charges.
What is benefits administration software? Benefits administration refers to the umbrella of establishing, managing and updating benefits for the employees of an organization. Benefits Administration solutions are the responsibility of a Human Resources (HR) Department, itself usually overseen by Operations and closely maintained by IT. Corporations depend on Benefits Administration to oversee payroll, medical and other insurance choices, HIPAA, IRAs, 401ks, extra-curricular benefits,...
The solution is very expensive.
This solution is priced in the middle compared to other solutions on the market.
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.
Ramco's customized solution is pretty expensive but much cheaper than its competitors. With proper planning, documentation of requirements, you can avoid delays and keep costs down. The more you customize, the higher the costs as you'll need a team to build it.
The license is not a subscription model. It's not the SaaS subscription model, but otherwise it runs like an SaaS. They have three or four different licensing models, but we opted for a perpetual license. We own the license and it's hosted and managed by Ramco. It's very straightforward, you could choose a public option or something that's on an SaaS subscription model or you can have your own hosting and your own license. The third option, which we chose, is to have your license hosted by Ramco. We pay the standard, one-time license fee, annual maintenance, and management and hosting charges.