IFS Applications vs. Ramco ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Applications
Score 7.7 out of 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 manufacturing…N/A
Ramco ERP
Score 8.1 out of 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 learning…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 Details
More Pricing Information
Community Pulse
IFS ApplicationsRamco ERP
Features
IFS ApplicationsRamco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.3
3 Ratings
52% below category average
Ramco ERP
8.8
1 Ratings
18% above category average
Pay calculation7.23 Ratings8.01 Ratings
Benefit plan administration6.73 Ratings9.01 Ratings
Direct deposit files5.73 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
Ramco ERP
9.0
1 Ratings
19% above category average
API for custom integration8.75 Ratings9.01 Ratings
Plug-ins8.75 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
Ramco ERP
8.5
1 Ratings
2% above category average
Single sign-on capability10.05 Ratings9.01 Ratings
Role-based user permissions9.75 Ratings8.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.5
5 Ratings
15% above category average
Ramco ERP
9.0
1 Ratings
20% above category average
Dashboards8.15 Ratings10.01 Ratings
Standard reports8.15 Ratings8.01 Ratings
Custom reports9.45 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.5
5 Ratings
2% below category average
Ramco ERP
-
Ratings
Accounts payable9.45 Ratings00 Ratings
Accounts receivable9.45 Ratings00 Ratings
Global Financial Support9.04 Ratings00 Ratings
Primary and Secondary Ledgers9.14 Ratings00 Ratings
Journals and Reconciliations8.74 Ratings00 Ratings
Configurable Accounting8.74 Ratings00 Ratings
Standardized Processes9.04 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.9
5 Ratings
11% above category average
Ramco ERP
8.3
1 Ratings
4% above category average
Inventory tracking9.15 Ratings8.01 Ratings
Automatic reordering9.45 Ratings00 Ratings
Location management9.45 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.1
5 Ratings
25% below category average
Ramco ERP
9.0
1 Ratings
14% above category average
Pricing8.75 Ratings9.01 Ratings
Order entry8.35 Ratings9.01 Ratings
Credit card processing8.24 Ratings00 Ratings
Cost of goods sold7.85 Ratings00 Ratings
Order Orchestration7.44 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.8
4 Ratings
65% below category average
Ramco ERP
-
Ratings
Billing Management7.84 Ratings00 Ratings
Cash and Asset Management8.44 Ratings00 Ratings
Travel & Expense Management8.44 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.44 Ratings00 Ratings
Period Close9.14 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
3.5
4 Ratings
67% below category average
Ramco ERP
-
Ratings
Project Planning and Scheduling9.64 Ratings00 Ratings
Task Insight for Project Managers8.64 Ratings00 Ratings
Project Mobile Functionality7.64 Ratings00 Ratings
Definable Resource Pools8.44 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.5
2 Ratings
25% above category average
Ramco ERP
-
Ratings
Award Lifecycle Management9.52 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared9.13 Ratings00 Ratings
Contract Authoring8.13 Ratings00 Ratings
Contract Repository8.13 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.34 Ratings00 Ratings
Supplier Management9.34 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.9
4 Ratings
30% below category average
Ramco ERP
-
Ratings
Risk Repository8.44 Ratings00 Ratings
Control Management8.74 Ratings00 Ratings
Control Efficiency Assessments8.44 Ratings00 Ratings
Issue Detection7.14 Ratings00 Ratings
Remediation and Certification7.74 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.5
4 Ratings
9% above category average
Ramco ERP
-
Ratings
Transportation Planning and Optimization8.12 Ratings00 Ratings
Transportation Execution Management8.62 Ratings00 Ratings
Trade and Customs Management7.62 Ratings00 Ratings
Fulfillment Management7.23 Ratings00 Ratings
Warehouse Workforce Management8.44 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.7
4 Ratings
11% below category average
Ramco ERP
-
Ratings
Production Process Design9.13 Ratings00 Ratings
Production Management8.74 Ratings00 Ratings
Configuration Management8.44 Ratings00 Ratings
Work Execution9.14 Ratings00 Ratings
Manufacturing Costs9.44 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.9
4 Ratings
21% above category average
Ramco ERP
-
Ratings
Forecasting8.44 Ratings00 Ratings
Inventory Planning9.44 Ratings00 Ratings
Performance Monitoring9.03 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Applications
4.6
4 Ratings
45% below category average
Ramco ERP
-
Ratings
Proposal Management8.13 Ratings00 Ratings
Product Master Data Management8.43 Ratings00 Ratings
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IFS ApplicationsRamco ERP
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User Ratings
IFS ApplicationsRamco ERP
Likelihood to Recommend
8.4
(5 ratings)
10.0
(1 ratings)
Usability
8.4
(4 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.
Read full review
Pros
IFS
  • It supports the web version in most later versions.
  • It provides various mobile versions of the applications as mobile apps to cater various areas.
  • IFS Applications allows easy configurations of the application without going for costly customization.
  • It covers almost every areas of an industrial company so any other third party applications are minimum.
  • It allows safer and easier built-in options for integrations capabilities.
Read full review
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
  • Handling massive volumes of data can be improved.
Read full review
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.
Read full review
Usability
IFS
The system is very difficult to use, overly complex, and difficult to learn. It also has limitations that are hard to overcome.
Read full review
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.
Read full review
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
IFS Applications is based on Agile Technology which allows organizations to reconfigure user interface as per user requirements and make it user-friendly. Other applications are lagging on many fronts like User Interface, Online help document availability, Implementation methodology, and post-implementation expenses.
Read full review
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.
Read full review
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 they’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