Oracle HCM Cloud vs Ramco HCM comparison

Oracle and Ramco are both solutions in the Cloud HCM category. Oracle is ranked #4 with an average rating of 8.0, while Ramco is ranked #14 with an average rating of 6.2. Oracle holds a 9.8% mindshare in CHCM, compared to Ramco’s 0.6% mindshare. Additionally, 93% of Oracle users are willing to recommend the solution, compared to 66% of Ramco users who would recommend it.

Oracle HCM Cloud

Read 72 Oracle HCM Cloud reviews

6,220 Views
4,202 Comparison Views

93% willing to recommend

Ramco HCM

Read 12 Ramco HCM reviews

408 Views
257 Comparison Views

66% willing to recommend

Oracle HCM Cloud

Ramco HCM

Comparison Buyer's Guide

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Executive SummaryUpdated on Nov 3, 2024

Oracle HCM Cloud and Ramco HCM compete in the human capital management sector. Oracle HCM Cloud has the upper hand due to its comprehensive features, BI tools, and regular updates that enhance its offerings.

Features: Oracle HCM Cloud offers account management, payroll, and consolidation of HR functions. It includes real-time analytics and social capabilities, with BI tools for data visualization. Ramco HCM provides user-friendly innovations like Mail It and Thumb It, ensuring seamless third-party integration and robust payroll configuration, focusing on automation and flexibility.

Room for Improvement: Oracle HCM Cloud needs better mobile capabilities and integration with legacy systems. Users suggest improving workflow intuitiveness and complex HR process support. Ramco HCM could enhance its mobile applications, modernize its user interface, and expand reporting and analytics capabilities, noting customization may require high effort and cost.

Ease of Deployment and Customer Service: Oracle HCM Cloud offers multiple deployment options but receives mixed integration reviews. Customer service is responsive but varies by region and complexity. Ramco HCM, deployable on multiple cloud types, has a well-managed process, with positive customer service and faster response times.

Pricing and ROI: Oracle HCM Cloud, competitively priced, offers discounts during negotiations and has a cost model that can be costly for smaller companies. Its ROI benefits from integration and automation, though continuous investment is needed. Ramco HCM provides flexible pricing, including perpetual licenses, with ROI driven by customization capabilities but potentially higher costs with extensive customizations.

To learn more, read our detailed Oracle HCM Cloud vs. Ramco HCM Report (Updated: November 2024).

Buyer's Guide

Oracle HCM Cloud vs. Ramco HCM

November 2024

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Categories and Ranking

Oracle HCM Cloud

Ranking in Benefits Administration

2nd

Ranking in Talent Management

4th

Ranking in Cloud HCM

4th

Average Rating

7.8

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

HR Analytics Software (2nd), Talent Acquisition (3rd)

Ramco HCM

Ranking in Benefits Administration

12th

Ranking in Talent Management

17th

Ranking in Cloud HCM

14th

Average Rating

7.0

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

Applicant Tracking and Recruiting Software (7th)

Mindshare comparison

As of December 2024, in the Cloud HCM category, the mindshare of Oracle HCM Cloud is 9.8%, down from 11.8% compared to the previous year. The mindshare of Ramco HCM is 0.6%, down from 0.7% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Cloud HCM

Featured Reviews

OswinSteve

Lead Digital HR Transformation, Product Owner at Chubb

Capable of consolidating data from all countries and providing access to any employee information across locations but poor user experience

Oracle HCM Cloud definitely has a lot to improve from a user experience perspective. The platform is huge and feature-rich, but is it truly appealing to an end user? Is it a two-click solution? Does it match current market trends in user experience? No, it has a lot of catching up to do. For example, is the screen catchy for an employee to see their details or access essential information? No. The user experience is zero. An employee needs training to apply for leave, something as simple as that. They shouldn't need training materials or user guides to navigate the system. We're moving towards empowering users, especially with end-user-facing systems. People should be self-reliant and not need to rely on manuals. Oracle HCM Cloud is very old-school in this regard. It's still stuck in the "PeopleSoft" mentality instead of focusing on a user-friendly experience for employees and managers. So, the user experience needs a major overhaul. So, to summarize, it needs to be more user-friendly and present key information on the login screen. In future releases, I would like to see employee dashboards. Oracle HCM should come up with ready-made employee dashboards, like very simple ones. Right now, an employee dashboard or a manager dashboard, but these should be readily available. You shouldn't expect a customer to go and design something they need. There are a few basic things any employee or manager in any company would want to see. One of the best things would be a very simple org chart. Now, the org chart is quite poor on Oracle. There are applications that focus only on org charts and look really good, giving a lot of details about a team and its employees. But Oracle's org chart is bad, so to be specific, they should improve it a lot.

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Sudarsan Santhosh Kumar S.

Senior Application Development Specialist at Accenture

It's so easy to use that a customer can easily understand the process with zero knowledge of the system

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 doesn't charge much when customers request custom KPI calculations and other custom features. Workday and SAP impose a high charge. Ramco's bots are excellent, whereas Workday doesn't have an automated system and is only now developing a mobile app.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"What I like most about Oracle HCM Cloud is that I didn't see any area that needs to be dramatically improved. I also appreciate that it has good integration with other Oracle products. The process of integrating Oracle HCM Cloud is rather explanatory. I also found the Oracle library to be helpful. As Oracle HCM Cloud is quite a robust solution, I like it versus other solutions. I like the people at Oracle."

"Oracle HCM Cloud is essential for security needs and especially for payroll. The payroll feature is very good."

"Our overall evaluation of Oracle HCM Cloud as a general ledger tool is mixed. It is a comprehensive and versatile piece of software."

"All the features are good."

"I like that it is mobile responsive and you can work directly with the vendor on specific requirements that you might have."

"The most valuable feature is fast reporting."

"The solution's scalability potential is very good. We have more than 1,000 users ourselves."

"I like the interfaces, and they are fine. I would like to see more interfaces."

More Oracle HCM Cloud pros

"Once we implemented this solution, it was customizable for our needs and this has been the most valuable aspect of this solution."

"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."

"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."

"The performance management system is really good."

"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."

"In general, the solution is very flexible and can be configured in multiple ways."

"Payroll processing is very easy. SQL rules can be attached to any pay elements."

Cons

"The user interface, as well as the interfaces between modules, should definitely be enhanced."

"Lacks relevancy for the current generation."

"It could be more user-friendly."

"I rate the technical support of Oracle HCM Cloud an eight out of ten. There is some room for improvement."

"Cloud learning can be improved."

"There should be more digital assistance included, like chatbots."

"Oracle needs to make some sort of support repository that is up to date."

"Visually, Oracle HCM Cloud needs improvement. For example, the employee portal looks rather old, so it would be awesome if Oracle refreshed its design or if the portal looked more modern. Oracle HCM Cloud works, but visually, it needs improvement."

More Oracle HCM Cloud cons

"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 entire UI/UX of the solution can be improved drastically."

"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."

"The mobile app for this solution could be improved as it lacks many features."

"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 talent management and performance appraisal modules could use some improvement."

Pricing and Cost Advice

"It is definitely super expensive. Oracle is very, very expensive for what they offer."

"On a scale from one to ten, where one is cheap and ten is expensive, I rate the solution's pricing a five out of ten."

"I cannot comment on the cost, as this is handled by a different team."

"The pricing is reasonable."

"On an annual basis, we pay about $25,000 for our company. This includes the VAT, support, upgrades and everything else."

"There is a license required for the use of this solution and we are on an annual license."

"Oracle HCM Cloud is pricey, but price-wise, it's now more competitive than in the past year. Here in Central Europe, people also look at the pricing, but Central Europe falls under the UAE and Abu Dhabi in terms of headquarters, management, and strategy, but those states don't care too much about the pricing. Pricing is a significant factor in choosing a solution. In the past, Oracle HCM Cloud was compared to the SAP solution, the largest competitor and up to thirty percent higher in price. Now, Oracle HCM Cloud has a price increase of five to ten percent, which could be pricier than SAP now, but it's a more competitive product nowadays and comparable to SAP."

"Oracle HCM offers many features at a low price."

More Oracle HCM Cloud 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."

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Top Industries

By visitors reading reviews

Educational Organization

54%

Computer Software Company

Financial Services Firm

Manufacturing Company

Computer Software Company

17%

Financial Services Firm

Government

Comms Service Provider

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

Questions from the Community

What are the differences between Oracle HCM Cloud and PeopleSoft?

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 organ...

See all answers

What do you like most about Oracle HCM Cloud?

The most valuable features of the solution are the core HR, absence, payroll, and recruitment modules.

See all answers

What is your experience regarding pricing and costs for Oracle HCM Cloud?

Oracle HCM Cloud pricing is a bit expensive compared to newer solutions.

See all answers

What do you like most about Ramco HCM?

Ramco HCM stands out due to its reliability and up-to-date compliance with legal, statutory, and regulatory requirements.

See all answers

What is your experience regarding pricing and costs for Ramco HCM?

The solution is very expensive.

See all answers

What needs improvement with Ramco HCM?

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 y...

See all answers

Comparisons

SAP SuccessFactors vs Oracle HCM Cloud

Compared 30% of the time

Workday vs Oracle HCM Cloud

Compared 18% of the time

SAP HCM vs Oracle HCM Cloud

Compared 14% of the time

PeopleSoft vs Oracle HCM Cloud

Compared 11% of the time

Oracle E-Business Suite vs Oracle HCM Cloud

Compared 9% of the time

More Oracle HCM Cloud Competitors

SAP SuccessFactors vs Ramco HCM

Compared 51% of the time

DarwinBox vs Ramco HCM

Compared 49% of the time

More Ramco HCM Competitors

Product Reports

Buyer's Guide

Oracle HCM Cloud

December 2024

Download Oracle HCM Cloud product report

Buyer's Guide

Ramco HCM

December 2024

Download Ramco HCM product report

Also Known As

Oracle Human Capital Management Cloud

No data available

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Oracle

Ramco

Overview

Natively built for the cloud, Oracle Fusion Cloud Human Capital Management is a complete solution that connects every human resource process—and every person—across your enterprise. We help you create a community where people feel valued, heard, and like they belong. With a single user experience and data model and seamless processes and infrastructure, Oracle Cloud HCM can help you redefine what best looks like for your people.

Platform capabilities empower every HR process including: Global HR, Talent Management, Recruiting, Learning, Workforce Rewards, Workforce Management, Work Life Solutions, HR Help Desk, Workforce Health and Safety Incidents, Payroll Management, Benefits Management, Advanced HCM Controls, and Strategic Workforce Planning.

Top 10 Reason Why Customers Choose Oracle Cloud HCM:

Tailored User Experience

Employees expect tailored experiences from their work technology and want to feel supported by their organization regardless of where, when, and how they work. Providing employees with a tailored user experience is now a necessity—one that many HR teams are striving for as they evaluate their technology. That’s why Oracle Cloud HCM offers the only complete employee experience platform that empowers your people to connect, grow, and thrive.

Adaptable and Extensible

HR is at the forefront of navigating change and needs to be able to adapt quickly as new challenges arise. Oracle Cloud HCM delivers an adaptable and flexible solution to meet changing business practices, regulations, and environments.

Complete HCM Cloud Solution

Organizations that want to manage the entire employee lifecycle select Oracle Cloud HCM because it’s the most complete HR cloud solution on the market. Built as a single cloud solution for all HR functionalities, it connects every HR process from hire to retire.

Complete Enterprise Solution

One of the many things that sets Oracle apart from other vendors is that we natively built our software-as-a-service (SaaS) applications on our own cloud platform and infrastructure. With applications and data all on one platform, you can gain unobstructed visibility across your organization and increased data security

Improved Business Value

Oracle customers leverage our HCM cloud application to drive business value through better user engagement and adoption, streamlined processes, improved productivity, and lower total cost of ownership

Dedication to Innovation

Innovation is the biggest benefit of moving your systems to the cloud. Our quarterly updates allow us to continuously deliver new and exciting features. With a team of more than 20,000 engineers, Oracle delivers more than 1,000 innovation updates annually—80% of which are based on customer feedback.

Data Security and Privacy

Oracle has a strong security culture and is trusted by

organizations worldwide with strict security requirements. Stored in state-of-the-art data centers, Oracle Cloud HCM and our infrastructure have advanced multilayered security measures that can help customers meet both local and international regulations

Vibrant HR Community

Oracle Cloud Customer Connect is a vibrant online

community of more than 40,000 HCM users and a great place to crowdsource information, discuss the latest releases, register for in-person or virtual events, and submit product suggestions.

Customer Success

Oracle customers have access to an implementation success manager, on-demand education, and success planning tools. We offer 24/7 customer service in 145 countries worldwide to help you maximize the value of your investment.

Global Capabilities

Most enterprises today operate at both the global and local levels, so our customers appreciate that Oracle Cloud HCM is designed to meet both international and regional needs for more than 200 jurisdictions and 27 languages.

Oracle HCM Cloud is a complete HR application suite which helps organizations become more strategic and agile with a best-in-class workforce experience. It integrates HR best practices and technology to provide an engaging, informative, and adaptive HR experience throughout the entire employee lifecycle. Oracle HCM Cloud allows organizations find, develop and retain the best talent, enable collaboration, deliver deep workforce insights, and increase operational efficiency

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

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

Kovaion Consulting India Pvt. Ltd., eVerge Group, Kalpataru, Logicalis Inc., Macmillan Science and Education, Drivestream Inc., Kamal Osman Jamjoom Group LLC, WAXIE Sanitary Supply

Lifestyle, Bata, Dabur

Buyer's Guide

Oracle HCM Cloud vs. Ramco HCM

November 2024

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