HCM Business Analyst at a outsourcing company with 201-500 employees
Real User
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
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
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.
Ramco HCM delivers a comprehensive HR suite with Core HR, Payroll, and Recruitment, promoting flexibility and automation. Its stable and scalable platform supports data entry and analytics while enhancing the user experience through tools like chatbots and mobile accessibility.Renowned for robust performance management and integration capabilities, Ramco HCM facilitates self-service options for employees, including leave requests and payslip views. It can be deployed on-premises or via cloud...
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.