Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) applications. Oracle Expense Management and Oracle Risk Management are part of this solution. Other apps include Financials, Revenue Management, Accounting Hub, PPM, and Procurement. The single cloud platform offers built-in industry standards and modern best practices. ERP software is the backbone of many organizations and Oracle aims to offer a modern, connected…
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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
Oracle Fusion Cloud ERP
Ramco ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Oracle Fusion Cloud ERP
Ramco ERP
Free Trial
Yes
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
Required
No setup fee
Additional Details
Pricing per user varies by component within the Oracle ERP Cloud solution.
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More Pricing Information
Community Pulse
Oracle Fusion Cloud ERP
Ramco ERP
Features
Oracle Fusion Cloud ERP
Ramco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Oracle Fusion Cloud ERP
9.0
Ratings
23% above category average
Ramco ERP
8.8
Ratings
20% above category average
Pay calculation
8.90 Ratings
8.00 Ratings
Benefit plan administration
9.00 Ratings
9.00 Ratings
Direct deposit files
9.00 Ratings
10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Oracle Fusion Cloud ERP
7.4
Ratings
2% below category average
Ramco ERP
9.0
Ratings
17% above category average
API for custom integration
7.40 Ratings
9.00 Ratings
Plug-ins
7.30 Ratings
9.00 Ratings
Security
Comparison of Security features of Product A and Product B
Oracle Fusion Cloud ERP
8.6
Ratings
5% above category average
Ramco ERP
8.5
Ratings
4% above category average
Single sign-on capability
8.70 Ratings
9.00 Ratings
Role-based user permissions
8.50 Ratings
8.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Oracle Fusion Cloud ERP
8.3
Ratings
14% above category average
Ramco ERP
9.0
Ratings
22% above category average
Dashboards
8.50 Ratings
10.00 Ratings
Standard reports
8.20 Ratings
8.00 Ratings
Custom reports
8.00 Ratings
9.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Oracle Fusion Cloud ERP
8.9
Ratings
14% above category average
Ramco ERP
-
Ratings
Accounts payable
8.60 Ratings
00 Ratings
Accounts receivable
8.40 Ratings
00 Ratings
Global Financial Support
8.10 Ratings
00 Ratings
Primary and Secondary Ledgers
8.40 Ratings
00 Ratings
Journals and Reconciliations
8.30 Ratings
00 Ratings
Configurable Accounting
8.50 Ratings
00 Ratings
Standardized Processes
8.60 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Oracle Fusion Cloud ERP
8.3
Ratings
5% above category average
Ramco ERP
8.3
Ratings
5% above category average
Inventory tracking
8.60 Ratings
8.00 Ratings
Automatic reordering
8.60 Ratings
00 Ratings
Location management
8.10 Ratings
9.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Oracle Fusion Cloud ERP
8.3
Ratings
5% above category average
Ramco ERP
9.0
Ratings
13% above category average
Pricing
8.30 Ratings
9.00 Ratings
Order entry
8.60 Ratings
9.00 Ratings
Credit card processing
8.20 Ratings
00 Ratings
Cost of goods sold
8.30 Ratings
00 Ratings
Order Orchestration
8.00 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Oracle Fusion Cloud ERP
8.3
Ratings
10% above category average
Ramco ERP
-
Ratings
Billing Management
8.50 Ratings
00 Ratings
Cash and Asset Management
8.30 Ratings
00 Ratings
Travel & Expense Management
8.40 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
8.00 Ratings
00 Ratings
Period Close
8.70 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Oracle Fusion Cloud ERP
8.2
Ratings
7% above category average
Ramco ERP
-
Ratings
Budgeting and Forecasting
8.20 Ratings
00 Ratings
Project Costing
8.30 Ratings
00 Ratings
Cost Capture
8.20 Ratings
00 Ratings
Capital Project Management
8.00 Ratings
00 Ratings
Customer Contract Compliance
8.30 Ratings
00 Ratings
Project Revenue Recognition
8.10 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Oracle Fusion Cloud ERP
8.1
Ratings
17% above category average
Ramco ERP
-
Ratings
Project Planning and Scheduling
8.40 Ratings
00 Ratings
Task Insight for Project Managers
7.70 Ratings
00 Ratings
Project Mobile Functionality
7.60 Ratings
00 Ratings
Definable Resource Pools
7.60 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Oracle Fusion Cloud ERP
8.4
Ratings
12% above category average
Ramco ERP
-
Ratings
Award Lifecycle Management
8.20 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Oracle Fusion Cloud ERP
8.1
Ratings
16% above category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared
7.80 Ratings
00 Ratings
Contract Authoring
8.20 Ratings
00 Ratings
Contract Repository
7.90 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
8.00 Ratings
00 Ratings
Supplier Management
8.10 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Oracle Fusion Cloud ERP
7.9
Ratings
19% above category average
Ramco ERP
-
Ratings
Risk Repository
8.00 Ratings
00 Ratings
Control Management
7.90 Ratings
00 Ratings
Control Efficiency Assessments
7.80 Ratings
00 Ratings
Issue Detection
8.00 Ratings
00 Ratings
Remediation and Certification
7.90 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Oracle Fusion Cloud ERP
7.9
Ratings
17% above category average
Ramco ERP
-
Ratings
Transportation Planning and Optimization
7.90 Ratings
00 Ratings
Transportation Execution Management
8.00 Ratings
00 Ratings
Trade and Customs Management
8.50 Ratings
00 Ratings
Fulfillment Management
7.90 Ratings
00 Ratings
Warehouse Workforce Management
8.40 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Oracle Fusion Cloud ERP
8.0
Ratings
8% above category average
Ramco ERP
-
Ratings
Production Process Design
8.00 Ratings
00 Ratings
Production Management
8.20 Ratings
00 Ratings
Configuration Management
8.20 Ratings
00 Ratings
Work Execution
8.00 Ratings
00 Ratings
Manufacturing Costs
8.10 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Oracle Fusion Cloud ERP
8.3
Ratings
15% above category average
Ramco ERP
-
Ratings
Forecasting
8.30 Ratings
00 Ratings
Inventory Planning
8.20 Ratings
00 Ratings
Performance Monitoring
8.60 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Oracle Fusion Cloud is best suited if a customer moves from Oracle eBusiness Suite (on-prem) to a SaaS offering. The transition is comparatively manageable to implement. However, the customer must understand that we cannot have too many customizations in the SaaS model, so many heavily customized on-prem applications would need to be incorporated in the Cloud by using Cloud tools like Oracle Integration Cloud, Oracle Cloud Infrastructure Autonomous Database, Oracle APEX provisioned on OCI, etc.
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.
By utilizing technology, we were able to maintain our efficiency ratio which gives us a huge advantage over our competitors.
It offers us sets of dependable apps to increase productivity, enhance control
and lower operating costs.
Oracle has been an amazing, reliable, and powerful analytical tool that has streamlined budgeting financials planning, and data infrastructure across the entire enterprise.
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.
This is the product we have chosen to standardize the ERP system throughout our European subsidiaries. We had been operating blindly with each location using their own ERP system. We relied on them to accurately report to us in the US. But now that we are beginning to roll out ERP Cloud, we have much better visibility into day-to-day operations.
I like the program, but it is only as good as the initial implementation and the user support required after go-live. I don't think pre-implementation training needs to be too much of a focus, but once you're live, there needs to be an intense focus on working with users and providing high-quality resources to help.
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.
Yes availability was initially an issue but like I said it has evolved and stabilized a lot better these days. We get hardly 1 or two unplanned outages in a year. That too during off peak hours and would get resolved before we even realize it. If Oracle could resolve even the sporadic unplanned outages then it would be awesome and highly reliable for customers.
The performance of the application is good. Incase of any issues, one has to work with Oracle support. We enabled auditing on certain tables and experienced performance issues. We immediately raised with Oracle support and they helped in improving the performance.One has to proactively work with oracle support to identify the issues.
Support is always providing step by step details to resolve any issue we encounter. If the issue is currently not a functionality or feature of the application they are supportive in offering guidance on submitting an enhancement request. Currently there is an enhancement that will be rolled out by Oracle that was designed for our organization.
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.
The inperson trainings from Oracle University are effective. The trainers have vast experience and teached thousands of students. In person training will make people sit in a class and do the exercises. One can also learn from other students, who come with different background, industry etc. In person training will be an immersive experience and helps learn more in a short period of time.
We bought online training subscription from Oracle University. The subscription allowed our team to learn the nuts and bolts of the application.The subscription model helps access to all the modules as opposed to buying training for one module. We also leveraged guided learning subscription from Oracle. Guided learning is a state of the art learning application from Oracle. It resides within the application and guides the users on each and every step. This is learning by doing and is very effective. Once you buy guided learning, oracle keeps updating it with the release of new functionality in the quarterly upgrades.
Try to use the system as true to generic form as possible and cut over quickly. Parallel implementation is not recommended. If the numbers are accurate and materially similar to prior period - cut over. A small accounting adjustment is much better than millions in project overruns or dual system maintenance.
Oracle is more reliable than other immature products in the market. Oracle has multifold resources available in the market for each and every technology. Oracle support has made available many solutions to the existing problems and their fixes. The database is of high performance and quality as compared to the other products in the market. Oracle solutions for finance and supply chain are compared to none.
Orcle ERP Cloud transformed and stabilized in this past 2 years since it was implemented. We have past the auditor reviews and 24 month end closes and 8 quarter closes and 2 FY closes. Above all we do have SEC reporting with all this data. Having said that our ERP subscription is a worthy investment and highly reliable source of information for our organization's needs