M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.
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Ramco ERP
Score 8.1 out of 10
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Ramco ERP is a comprehensive cloud ERP solution catering to the needs of fast growing enterprises. Ramco calls its ERP software "cognitive and post-modern", and says it aims to help optimize complex business processes and enable organizations to thrive digitally. Ramco ERP offers Unified solution - Power of One Flexible workflow based approach In Memory based real-time optimization engine Cognitive & self learning…
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Pricing
M1
Ramco ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
M1
Ramco ERP
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
M1
Ramco ERP
Features
M1
Ramco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
M1
5.7
Ratings
23% below category average
Ramco ERP
8.8
Ratings
20% above category average
Pay calculation
5.30 Ratings
8.00 Ratings
Benefit plan administration
4.60 Ratings
9.00 Ratings
Direct deposit files
7.10 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
M1
7.1
Ratings
7% below category average
Ramco ERP
9.0
Ratings
17% above category average
API for custom integration
7.60 Ratings
9.00 Ratings
Plug-ins
6.60 Ratings
9.00 Ratings
Security
Comparison of Security features of Product A and Product B
M1
8.1
Ratings
1% below category average
Ramco ERP
8.5
Ratings
4% above category average
Single sign-on capability
9.00 Ratings
9.00 Ratings
Role-based user permissions
7.20 Ratings
8.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
M1
6.6
Ratings
9% below category average
Ramco ERP
9.0
Ratings
22% above category average
Dashboards
6.70 Ratings
10.00 Ratings
Standard reports
6.40 Ratings
8.00 Ratings
Custom reports
6.60 Ratings
9.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
M1
6.9
Ratings
11% below category average
Ramco ERP
-
Ratings
Accounts payable
7.00 Ratings
00 Ratings
Accounts receivable
6.90 Ratings
00 Ratings
Global Financial Support
5.30 Ratings
00 Ratings
Primary and Secondary Ledgers
8.10 Ratings
00 Ratings
Journals and Reconciliations
6.50 Ratings
00 Ratings
Configurable Accounting
6.80 Ratings
00 Ratings
Standardized Processes
7.90 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
M1
7.1
Ratings
11% below category average
Ramco ERP
8.3
Ratings
5% above category average
Inventory tracking
7.40 Ratings
8.00 Ratings
Automatic reordering
6.60 Ratings
00 Ratings
Location management
7.20 Ratings
9.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
M1
7.4
Ratings
6% below category average
Ramco ERP
9.0
Ratings
13% above category average
Pricing
6.90 Ratings
9.00 Ratings
Order entry
7.30 Ratings
9.00 Ratings
Credit card processing
7.40 Ratings
00 Ratings
Cost of goods sold
7.70 Ratings
00 Ratings
Order Orchestration
7.60 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
M1
6.5
Ratings
14% below category average
Ramco ERP
-
Ratings
Billing Management
8.10 Ratings
00 Ratings
Cash and Asset Management
6.90 Ratings
00 Ratings
Travel & Expense Management
4.80 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
5.00 Ratings
00 Ratings
Period Close
7.80 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
M1
5.3
Ratings
25% below category average
Ramco ERP
-
Ratings
Project Planning and Scheduling
6.30 Ratings
00 Ratings
Task Insight for Project Managers
5.40 Ratings
00 Ratings
Project Mobile Functionality
4.60 Ratings
00 Ratings
Definable Resource Pools
4.80 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
M1
2.7
Ratings
94% below category average
Ramco ERP
-
Ratings
Award Lifecycle Management
2.70 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
M1
6.4
Ratings
8% below category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared
6.00 Ratings
00 Ratings
Contract Authoring
7.30 Ratings
00 Ratings
Contract Repository
6.30 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
5.90 Ratings
00 Ratings
Supplier Management
6.20 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
M1
5.0
Ratings
26% below category average
Ramco ERP
-
Ratings
Risk Repository
6.50 Ratings
00 Ratings
Control Management
5.90 Ratings
00 Ratings
Control Efficiency Assessments
4.80 Ratings
00 Ratings
Issue Detection
3.80 Ratings
00 Ratings
Remediation and Certification
3.90 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
M1
4.0
Ratings
50% below category average
Ramco ERP
-
Ratings
Transportation Planning and Optimization
2.20 Ratings
00 Ratings
Transportation Execution Management
2.50 Ratings
00 Ratings
Trade and Customs Management
4.70 Ratings
00 Ratings
Fulfillment Management
4.90 Ratings
00 Ratings
Warehouse Workforce Management
5.50 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
M1
6.6
Ratings
12% below category average
Ramco ERP
-
Ratings
Production Process Design
6.30 Ratings
00 Ratings
Production Management
7.00 Ratings
00 Ratings
Configuration Management
6.20 Ratings
00 Ratings
Work Execution
7.50 Ratings
00 Ratings
Manufacturing Costs
6.00 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
M1
5.6
Ratings
24% below category average
Ramco ERP
-
Ratings
Forecasting
4.70 Ratings
00 Ratings
Inventory Planning
6.20 Ratings
00 Ratings
Performance Monitoring
5.90 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Implementation is by far the weakest link in the ECI/M1 process. Although the tool is powerful, the client is expected to drive the process of learning the tool, planning the meetings with consultants, identifying risks and making mitigation plans, etc. without any samples, guidance or assistance on the part of ECI. The tool is best suited to high volume, standard product manufacturers who build to inventory or to order without much variation. The shop floor routing and time tracking are straightforward if you can master the convoluted Unit Of Measure calculations. The tool is either hosted locally or accessed through Remote Desktop. Shop floor is web enabled but the main desktop for M1 is still a relay which makes connectivity a potential issue. Moving this platform to a truly web hosted environment would substantially improve connectivity and eliminate compatibility issues with Apple products
It provides a complete real-time solution on the go, if possible. Complete with all the features. I would definitely recommend this to other businesses to have in their ecosystem for a complete understanding of cloud-based digitization of business operations. Best choice for transforming the cloud-based organization into digital transformation.
Manage inventory counts. Good precision on quantities in and out, through shipping, MI, MR, and receipts.
Job costing shows great details on labor, operations, and materials to be used. I wished that would do better in outside operations that would return, but we still think it is great.
Ability to track changes (changelog), showing all changes that had in a particular place. Such as where, when, and by whom a line item unit price was changed in a PO.
Link, traceability, keeping history. If done correctly, it is amazing to keep the history of a part/lot.
The amount of user rights/customization is unbelievable. It can be hard to set up in the beginning, but it is great that you can give some very specific access to a user, and it is not (in general) as a package.
Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
The biggest drawback I have been facing while using the platform is that there must be no compromise on security. There is a need for a few changes in security and data control which helps businesses to trust Ramco ERP more.
Data migration is a bit of hard work along with the reports that are not giving expected results, which need improvements.
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
I have been using this software for some time where I have changed my organization setup with the help of Ramco ERP and it leads to being the best choice, as it has all the features that are needed to be the best. All the processes are very streamlined, easy to use, and the real-time inventory stock update is amazing.
The support team is best in their respective tasks. They are very supportive and responsive to the messages, listen to the problem carefully, and provide a solution on the go. If it is not possible, they will respond after time with the workable solution.
Our customization requirements were not that high and based on a price/cost benefit M1 was the winner. SAP was considered but the upfront costs and challenging learning curve together with the lack of flexibility in the SAP HANA public cloud version made the M1 choice more natural. SAP Services is usually more expensive compared to M1.