Oracle E-Business Suite vs Ramco HCM comparison

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2,917 views|2,107 comparisons
88% willing to recommend
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436 views|252 comparisons
66% willing to recommend
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Executive Summary

We performed a comparison between Oracle E-Business Suite 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 Oracle E-Business Suite vs. Ramco HCM Report (Updated: March 2024).
768,415 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
"The solution has other core processes that can be implemented with customers according to their needs.""The financial module has excellent features that many find valuable, while the HCM module is also highly regarded.""I like the automation and integration features of Oracle E-Business Suite.""Very flexible in terms of configurations and it's capable of integrations.""The most valuable features of Oracle E-Business Suite are all the 15 to 20 modules. We use them on a day-to-day basis.""The most valuable features are the financial-related capabilities.""This is a world-class application that includes a lot of business processes from other ERPs that Oracle has acquired.""As we have been using this for the past nine years we have had the opportunity to explore the product. Really everything has worked well and all the modules are very good."

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"The performance management system is really good.""In general, the solution is very flexible and can be configured in multiple ways.""Once we implemented this solution, it was customizable for our needs and this has been the most valuable aspect of this solution.""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.""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.""Ramco HCM stands out due to its reliability and up-to-date compliance with legal, statutory, and regulatory requirements.""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."

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Cons
"The document that supports the Oracle E-Business Suite regarding the installation and upgrading is long compared to other products and needs to be enhanced.""We expect Oracle to go into continuous innovation mode and provide simplified integration solutions.""Oracle E-Business Suite uses an old technology (Forms), which is Java-based.""We need more user-friendly fast formulas for all HRMS modules.""Areas for improvement would be that sometimes it's a bit rigid with customization and doesn't always facilitate region-specific requirements.""A downside of Oracle E-Business Suite is its interface because it's less user-friendly than the latest cloud solutions. As an organization, Oracle now has more interest in cloud applications, so nowadays, it doesn't focus much on Oracle E-Business Suite, an on-premises solution, so this is another downside.""It's difficult for some customers to understand in the beginning. A user really has to understand the processes.""Improving the reporting and user interface of Oracle ERP would be beneficial and is something that can be considered for future updates."

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"The mobile app for this solution could be improved as it lacks many features.""The entire UI/UX of the solution can be improved drastically.""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.""The talent management and performance appraisal modules could use some improvement.""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.""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.""The mobile app and web page user experience could be more user friendly.""The product itself sometimes feels inconsistent because it comes with bugs."

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Pricing and Cost Advice
  • "Find a best Oracle partner and get a better discount."
  • "Oracle scales the pricing, but E-Business Suite is still very expensive for small to mid-sized businesses."
  • "It costs too much."
  • "The pricing is high."
  • "In order to minimize the implementation and consultancy costs, business lines should have proper definitions. They need to have a proper way of retrieving their data, which should be structured well."
  • "Both the current projects and future projects should be defined well. Licensing should be done according to current and near future plans."
  • "USD $100,000 annually."
  • "Considering the market at the moment, Oracle needs to adjust the pricing of this solution."
  • More Oracle E-Business Suite 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:It was very easy to integrate the product into our existing infrastructure.
    Top Answer:Oracle generally gives a lot of discounts. If we get discounts, the tool will not be costly. It will cost less than S/4HANA. The product might cost the same as Microsoft Dynamics. The cost is based on… more »
    Top Answer:We find challenges in the manufacturing modules. The users feel that the product is not user-friendly. Continuous manufacturing is very complex. We must automate the whole manufacturing process cycle… more »
    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
    5th
    Views
    2,917
    Comparisons
    2,107
    Reviews
    27
    Average Words per Review
    518
    Rating
    8.0
    12th
    Views
    436
    Comparisons
    252
    Reviews
    6
    Average Words per Review
    519
    Rating
    6.2
    Comparisons
    Also Known As
    Oracle EBS, OEBS
    Learn More
    Overview

    Oracle E-Business Suite (EBS) is considered the most extensive offering of amalgamated worldwide business applications available. Oracle EBS helps facilitate medium to large business enterprise organizations with the ability to enhance critical decision-making processes, streamline business procedures, minimize costs, and improve overall performance and productivity.

    Oracle EBS runs as a complement to Oracle Database software. The applications serve to automate such processes as supply chain management (SCM), human resource management (HRM), customer relations management (CRM), project portfolio management (PPM), financial management, service management, and more.

    Oracle EBS runs best in the cloud. It is a cost-saving option that offers greater productivity and can immediately and easily respond to changing dynamic business needs with an intuitive, automated scalable cloud infrastructure.

    Below are some of the valuable features of popular application offerings available within Oracle EBS:

    Supply Chain Management (SCM): Every possible supply chain process can be fully automated, from planning, creation, and appropriation to development and fulfillment, delivering a comprehensive solution application to ensure organizations have robust, intelligent-driven, value-added chains. Some applications include:

    • Manufacturing
    • Value Chain Planning and Execution
    • Procurement and Fulfillment
    • Lifecycle Management
    • Business Intelligence and Analytics

    Human Resource Management (HRM): The solution offers a sturdy group of outstanding human resource processes that enable users to improve productivity, enhance overall business performance, and lower TCO. Some processes include:

    • Workforce Management
    • Talent Management
    • Global Personnel Policy Management
    • Human Resource Analytics

    Customer Relations Management (CRM): This application provides for a streamlined, unique global gathering of information that will ensure all selling channels are continually following the organization's objectives and protocols. Some features include:

    • Oracle Service
    • Oracle Marketing
    • Oracle Order Management
    • Oracle Channel Revenue Management

    Project Portfolio Management (PPM): Oracle EBS provides a comprehensive, full lifecycle offering of project and portfolio management. Users get a single fully transparent view of all project-related ventures coupled with a superb performance process that grants users the ability to choose the best, most dynamic portfolio ventures.

    • Project Collaboration
    • Project Management
    • Project Analytics
    • Project Cost
    • Project Billing

    Financial Management: Users are able to perform more effectively, improve productivity and efficiency, develop productivity tools and integrated performance management, and develop processes for shared services to reduce overall operating costs. Some features include:

    • Asset Lifecycle Management
    • Financial Control and Reporting
    • Travel and Expense Management
    • Lease and Finance Management
    • Risk Management and Compliance

    Service Management: This application allows users access to the best data necessary to provide correct, precise, reliable information to their clients to ensure that every expectation is exceeded and consistently satisfied.

    • Inbound and outbound telephony
    • Project Collaboration
    • Project Cost
    • Billing
    • Project Management

    Reviews from Real Users:

    Kopano R., Freelancer at a tech services company, says, “What I found most valuable in Oracle E-Business Suite is the patching because it is straightforward. As long as you follow Oracle's best practices, you are able to finish the task of patching without a problem. I like that it's also easy to add products, e.g. if you want to add on financials, you can, or if you don't have financials, you can expand on that. I like that Oracle E-Business Suite is really scalable.”

    Mohammed G., Senior Oracle Application Consultant at a comms service provider, writes, “Oracle E-Business Suite consists of a lot of streams, such as financial and HR processes of the enterprise companies. We are using most of the Oracle financial modules, and we have an Oracle stream, FI procurement stream, and HR streams, which have a lot of applications. Oracle E-Business Suite has over 20 different modules to choose from, it is comprehensive. Additionally, the integration is very good. “

    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
    Colab, Portobello, Saudi Telecom Company, DG Khan Cement, Dubai Holding
    Lifestyle, Bata, Dabur
    Top Industries
    REVIEWERS
    Comms Service Provider13%
    Energy/Utilities Company7%
    Government6%
    Manufacturing Company6%
    VISITORS READING REVIEWS
    Educational Organization57%
    Computer Software Company6%
    Manufacturing Company5%
    Financial Services Firm4%
    REVIEWERS
    Manufacturing Company29%
    Recruiting/Hr Firm29%
    Energy/Utilities Company14%
    Consumer Goods Company14%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Government10%
    Financial Services Firm8%
    Comms Service Provider8%
    Company Size
    REVIEWERS
    Small Business23%
    Midsize Enterprise16%
    Large Enterprise61%
    VISITORS READING REVIEWS
    Small Business11%
    Midsize Enterprise60%
    Large Enterprise29%
    REVIEWERS
    Small Business17%
    Midsize Enterprise33%
    Large Enterprise50%
    VISITORS READING REVIEWS
    Small Business24%
    Midsize Enterprise18%
    Large Enterprise58%
    Buyer's Guide
    Oracle E-Business Suite vs. Ramco HCM
    March 2024
    Find out what your peers are saying about Oracle E-Business Suite vs. Ramco HCM and other solutions. Updated: March 2024.
    768,415 professionals have used our research since 2012.

    Oracle E-Business Suite is ranked 5th in Benefits Administration with 141 reviews while Ramco HCM is ranked 12th in Benefits Administration with 12 reviews. Oracle E-Business Suite is rated 7.8, while Ramco HCM is rated 7.0. The top reviewer of Oracle E-Business Suite writes "Offers valuable finance tools". 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". Oracle E-Business Suite is most compared with Oracle HCM Cloud, SAP S/4HANA, SAP ERP, NetSuite ERP and Salesforce Sales Cloud, whereas Ramco HCM is most compared with DarwinBox, SAP SuccessFactors, Workday, Oracle HCM Cloud and SAP HCM. See our Oracle E-Business Suite vs. Ramco HCM report.

    See our list of best Benefits Administration 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.