Try our new research platform with insights from 80,000+ expert users

PeopleSoft vs Ramco HCM comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Nov 4, 2024
 

Categories and Ranking

PeopleSoft
Ranking in Benefits Administration
4th
Ranking in Talent Management
6th
Average Rating
8.0
Number of Reviews
82
Ranking in other categories
ERP (11th), Activity Based Costing Software (6th), Demand Management (2nd), Talent Acquisition (4th)
Ramco HCM
Ranking in Benefits Administration
12th
Ranking in Talent Management
17th
Average Rating
7.0
Number of Reviews
12
Ranking in other categories
Applicant Tracking and Recruiting Software (7th), Cloud HCM (14th)
 

Mindshare comparison

As of November 2024, in the Benefits Administration category, the mindshare of PeopleSoft is 11.9%, down from 15.1% compared to the previous year. The mindshare of Ramco HCM is 0.6%, up from 0.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Benefits Administration
 

Featured Reviews

HarishMahanta - PeerSpot reviewer
Mar 24, 2023
Comprehensive solution for SCM but requires add-ons for fluid pages
I would like to see a chatbot in PeopleSoft as part of artificial intelligence. Moreover, there are already a few things in the cloud. In the market, all companies and entities are moving to the cloud, whether it is Oracle cloud or AWS cloud. The cloud is the most secure platform where we can also have Fusion. Few companies have migrated from PeopleSoft to Fusion or Oracle Cloud, or AWS cloud based on their organization's requirements. Some organizations are moving from PeopleSoft to upgrade their tools or application versions, while others are moving from PeopleSoft to HCM Cloud if they are into HCM. The cost of the product depends on the enterprise's size, and some enterprises are moving in quantity due to the current market. Additional areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically.
Sudarsan Santhosh Kumar S. - PeerSpot reviewer
Dec 30, 2022
It's so easy to use that a customer can easily understand the process with zero knowledge of the system
I'm an implementer, not an end user. I gather equipment from the customer and configure the product end to end for them from scratch. Ramco can be used for ERP, HCM, procurement, sales, CRM, supply chain, etc, but most customers will use HCM for payroll. It's available on-premises and on the cloud…

Quotes from Members

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

Pros

"PeopleSoft is mostly used for payroll and core HR functionality. Some customers use it for its finance module."
"The new version of this solution is very scalable."
"I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI."
"The customizations allow us to come up with a lot of complex labor rules. In the Philippines, there's a lot of different kinds of rules you need to be in compliance with. The solution offers up a lot of flexibility and customization that is perfect for our region's requirements."
"The most valuable feature for us is the integration between the HR Payroll and Financials modules"
"PeopleSoft is scalable."
"The recruiting is most valuable. It saves time in having easy and fast applicants tracking as well as candidates' contact plus pipeline management."
"Scalability-wise, I rate the solution a ten out of ten."
"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."
"Once we implemented this solution, it was customizable for our needs and this has been the most valuable aspect of this solution."
"In general, the solution is very flexible and can be configured in multiple ways."
"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."
"Payroll processing is very easy. SQL rules can be attached to any pay elements."
"The performance management system is really good."
"Ramco HCM stands out due to its reliability and up-to-date compliance with legal, statutory, and regulatory requirements."
 

Cons

"There can occasionally be complexity in the initial setup."
"The product is not intuitive, and finding the right candidate can be arduous."
"I would like to see a better UI."
"The learning and development side of the product is an area of concern where improvements are required."
"The API integration could be better."
"Stability is an area where the solution lacks and needs to be improved."
"I would like to see better support, bug fixing, and documentation."
"I think the inventory part it should be simplified. There is the GR, or good receipt note, which is the time that the materials comes in, and the work days, etc. There is a lot of shuffling through pages, which creates a lot of problems for our users. They don't know which page to go to, where to create a GR, or where to create a stock entry. In other words, all the information is very daunting. It's very easy for people to understand and get a better clarity over it."
"The mobile app and web page user experience could be more user friendly."
"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."
"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."
"The talent management and performance appraisal modules could use some improvement."
"The mobile app for this solution could be improved as it lacks many features."
"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 product itself sometimes feels inconsistent because it comes with bugs."
 

Pricing and Cost Advice

"One of the cheapest solutions available and also one of the best."
"Mostly yearly payments are to be made toward licensing costs. It is not much of an expensive solution."
"Check all options before a decision is made."
"There are no additional costs for licensing."
"The product's cost depends on the number of people in your company or the number of paychecks processed. They charge based on these factors, plus a maintenance fee. I'm not sure about current pricing since Oracle took over."
"It's approximately $3,000,000 to $4,000,000 USD per year."
"The tool is expensive."
"Yearly payments are to be made toward the licensing costs of PeopleSoft. PeopleSoft is not very expensive, so I feel it is an affordable product."
"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."
"Their customized solution is pretty expensive but much cheaper than its competitors."
report
Use our free recommendation engine to learn which Benefits Administration solutions are best for your needs.
814,763 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
11%
Computer Software Company
10%
University
9%
Government
8%
Computer Software Company
19%
Financial Services Firm
9%
Government
8%
Comms Service Provider
7%
 

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...
What do you like most about PeopleSoft?
I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
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.
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...
 

Comparisons

 

Learn More

 

Overview

 

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
Find out what your peers are saying about PeopleSoft vs. Ramco HCM and other solutions. Updated: October 2024.
814,763 professionals have used our research since 2012.