IFS Applications vs. Ramco ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Applications
ScoreĀ 6.0Ā outĀ ofĀ 10
N/A
IFS Applications is presented by the vendor as an agile application suite that offers enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise project management, handling 4 core processes: Service & Asset Management Full Enterprise Asset Management (EAM), Maintenance Repair and Overhaul (MRO) and Field Service Management (FSM) Manufacturing Enterprise Resource Planning (ERP) with support for process manufacturing, discrete manufacturingā€¦N/A
Ramco ERP
ScoreĀ 8.3Ā outĀ ofĀ 10
N/A
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 learningā€¦N/A
Pricing
IFS ApplicationsRamco ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsRamco ERP
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Detailsā€”ā€”
More Pricing Information
Features
IFS ApplicationsRamco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
1.0
1 Ratings
151% below category average
Ramco ERP
8.8
1 Ratings
20% above category average
Pay calculation1.01 Ratings8.01 Ratings
Benefit plan administration1.01 Ratings9.01 Ratings
Direct deposit files1.01 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
1.0
2 Ratings
152% below category average
Ramco ERP
9.0
1 Ratings
21% above category average
API for custom integration1.02 Ratings9.01 Ratings
Plug-ins1.02 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
5.5
2 Ratings
39% below category average
Ramco ERP
8.5
1 Ratings
4% above category average
Single sign-on capability5.02 Ratings9.01 Ratings
Role-based user permissions6.02 Ratings8.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
1.3
2 Ratings
137% below category average
Ramco ERP
9.0
1 Ratings
25% above category average
Dashboards2.02 Ratings10.01 Ratings
Standard reports1.02 Ratings8.01 Ratings
Custom reports1.02 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
6.4
2 Ratings
17% below category average
Ramco ERP
-
Ratings
Accounts payable8.02 Ratings00 Ratings
Accounts receivable8.02 Ratings00 Ratings
Global Financial Support6.01 Ratings00 Ratings
Primary and Secondary Ledgers6.01 Ratings00 Ratings
Journals and Reconciliations6.01 Ratings00 Ratings
Configurable Accounting3.01 Ratings00 Ratings
Standardized Processes3.01 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
4.3
2 Ratings
59% below category average
Ramco ERP
8.3
1 Ratings
5% above category average
Inventory tracking1.02 Ratings8.01 Ratings
Automatic reordering7.02 Ratings00 Ratings
Location management1.02 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
1.0
2 Ratings
154% below category average
Ramco ERP
9.0
1 Ratings
15% above category average
Pricing1.02 Ratings9.01 Ratings
Order entry1.02 Ratings9.01 Ratings
Credit card processing1.02 Ratings00 Ratings
Cost of goods sold1.02 Ratings00 Ratings
Order Orchestration1.01 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
1.0
1 Ratings
152% below category average
Ramco ERP
-
Ratings
Billing Management1.01 Ratings00 Ratings
Cash and Asset Management1.01 Ratings00 Ratings
Travel & Expense Management1.01 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting1.01 Ratings00 Ratings
Period Close1.01 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
1 Ratings
95% below category average
Ramco ERP
-
Ratings
Budgeting and Forecasting3.01 Ratings00 Ratings
Project Costing6.01 Ratings00 Ratings
Cost Capture5.01 Ratings00 Ratings
Capital Project Management2.01 Ratings00 Ratings
Customer Contract Compliance2.01 Ratings00 Ratings
Project Revenue Recognition2.01 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
1.0
1 Ratings
149% below category average
Ramco ERP
-
Ratings
Project Planning and Scheduling1.01 Ratings00 Ratings
Task Insight for Project Managers1.01 Ratings00 Ratings
Project Mobile Functionality1.01 Ratings00 Ratings
Definable Resource Pools1.01 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
1.2
1 Ratings
141% below category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared2.01 Ratings00 Ratings
Contract Authoring1.01 Ratings00 Ratings
Contract Repository1.01 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated1.01 Ratings00 Ratings
Supplier Management1.01 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
1.0
1 Ratings
147% below category average
Ramco ERP
-
Ratings
Risk Repository1.01 Ratings00 Ratings
Control Management1.01 Ratings00 Ratings
Control Efficiency Assessments1.01 Ratings00 Ratings
Issue Detection1.01 Ratings00 Ratings
Remediation and Certification1.01 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
5.0
1 Ratings
31% below category average
Ramco ERP
-
Ratings
Fulfillment Management5.01 Ratings00 Ratings
Warehouse Workforce Management5.01 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
1.0
1 Ratings
153% below category average
Ramco ERP
-
Ratings
Production Management1.01 Ratings00 Ratings
Configuration Management1.01 Ratings00 Ratings
Work Execution1.01 Ratings00 Ratings
Manufacturing Costs1.01 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
5.0
1 Ratings
37% below category average
Ramco ERP
-
Ratings
Forecasting5.01 Ratings00 Ratings
Inventory Planning5.01 Ratings00 Ratings
Best Alternatives
IFS ApplicationsRamco ERP
Small Businesses
Acumatica
Acumatica
ScoreĀ 8.8Ā outĀ ofĀ 10
Acumatica
Acumatica
ScoreĀ 8.8Ā outĀ ofĀ 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
ScoreĀ 7.2Ā outĀ ofĀ 10
Infor VISUAL
Infor VISUAL
ScoreĀ 7.2Ā outĀ ofĀ 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
ScoreĀ 7.4Ā outĀ ofĀ 10
SAP Business ByDesign
SAP Business ByDesign
ScoreĀ 7.4Ā outĀ ofĀ 10
All AlternativesView all alternativesView all alternatives
User Ratings
IFS ApplicationsRamco ERP
Likelihood to Recommend
2.0
(2 ratings)
10.0
(1 ratings)
Usability
1.0
(1 ratings)
9.0
(1 ratings)
Support Rating
1.0
(1 ratings)
9.0
(1 ratings)
User Testimonials
IFS ApplicationsRamco ERP
Likelihood to Recommend
IFS
Order to cash processes and scenario are implemented natively in IFS. An HR module exists for career management also (objectives, comportments, training, mobility) but may be improved in terms of workflow validation (e.g. training to validate by a manager) or reporting.
Read full review
Ramco Systems
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.
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Pros
IFS
  • Accounting
  • Finance
  • Complex Inventory
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Ramco Systems
  • I am pretty much impressed by their unified solution for every problem, workflow-based approach, and real-time optimizing engine in memory.
  • Interference of Ramco ERP is the reason for choosing it.
  • It is a completely cost-effective and reliable ERP solution.
  • The best feature that helps me to keep working on Ramco ERP is that it easily integrated with other existing software very easily.
Read full review
Cons
IFS
  • The speed of bug fixes should be improved by the IFS after sales teams. We saw the difference of responsiveness prior to Go Live and after Go Live, with a change of teams. IFS France is working on that point, and strategically wants to innovate by acting now with two other third-party companies in early 2017, to improve the after sales experience for customers.
  • There is no license model between the full licenses, which gives access to all IFS features, and the light licenses, to get access to a specific module like expense sheet. As a consequence, you must acquire a full access license for one team working only with a dedicated module (e.g. general ledger). Maybe an intermediate type license would be welcome to balance the budget. IFS tries to make prices competitive but you have to consider full upgrades of the product too, where requiring full licenses can be hard on the budget.
  • When you have an Active Directory ecosystem with a trust relationship, users from domain B can't natively access IFS, even if AD sync is in place with domain A. It's important to improve that functionality because many companies have a merge and acquisition context, with SOX constraints sometimes, and avoiding maintaining contacts or local accounts simplifies SOX compliance, or to management of accounts within the company.
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Ramco Systems
  • 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.
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Usability
IFS
The system is very difficult to use, overly complex, and difficult to learn. It also has limitations that are hard to overcome.
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Ramco Systems
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.
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Support Rating
IFS
We have been unable to get answers to our questions, solutions to our problems, and they don't seem interested in working in the construction industry.
Read full review
Ramco Systems
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.
Read full review
Alternatives Considered
IFS
Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP. We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their feedback. The project manager team and qualification level of technical or consultant teams were differentiating factors too. Finally IFS application was named in the Gartnerā€™s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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Ramco Systems
No answers on this topic
Return on Investment
IFS
  • Reporting is now centralized and managed. Previously, reports were outside the information systems and there was a risk of incoherence.
  • Accounting controls are now in place on the overall processes, including production, which helped the company to reduce closing periods or to produce more easily official mandatory accounting files yearly.
  • Interfaces between the CRM forecast tool and IFS helped to keep the tools in sync, and to decrease the processing times prior to production launch.
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Ramco Systems
  • Support team is great; it helps me where I am stuck.
  • It has a very intuitive nature and is very well designed on modernized UI to have the best workflow.
  • I am very much satisfied with their services and features theyā€™re offering.
Read full review
ScreenShots

IFS Applications Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

Ramco ERP Screenshots

Screenshot of Ramco ERP Product Roadmap