IFS Cloud vs. Ramco ERP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Cloud
Score 8.0 out of 10
N/A
IFS is a low-code / no-code approach to IFS solution suite, supporting various industries including aerospace & defense, construction, energy & utilities, and manufacturing with ERP, EAM and field service management functionality. IFS Cloud can be run as a service from IFS, or in a location of choice including on-premise as a containerized application.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 CloudRamco ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS CloudRamco 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 CloudRamco ERP
Features
IFS CloudRamco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Cloud
6.2
4 Ratings
17% below category average
Ramco ERP
8.8
1 Ratings
18% above category average
Pay calculation5.54 Ratings8.01 Ratings
Benefit plan administration5.04 Ratings9.01 Ratings
Direct deposit files5.04 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Cloud
8.0
5 Ratings
8% above category average
Ramco ERP
9.0
1 Ratings
19% above category average
API for custom integration8.05 Ratings9.01 Ratings
Plug-ins8.05 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Cloud
8.5
5 Ratings
2% above category average
Ramco ERP
8.5
1 Ratings
2% above category average
Single sign-on capability8.75 Ratings9.01 Ratings
Role-based user permissions8.35 Ratings8.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Cloud
8.1
5 Ratings
10% above category average
Ramco ERP
9.0
1 Ratings
20% above category average
Dashboards8.45 Ratings10.01 Ratings
Standard reports8.05 Ratings8.01 Ratings
Custom reports8.05 Ratings9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Cloud
8.7
5 Ratings
13% above category average
Ramco ERP
-
Ratings
Accounts payable9.54 Ratings00 Ratings
Accounts receivable9.04 Ratings00 Ratings
Global Financial Support8.75 Ratings00 Ratings
Primary and Secondary Ledgers9.54 Ratings00 Ratings
Journals and Reconciliations7.54 Ratings00 Ratings
Configurable Accounting8.04 Ratings00 Ratings
Standardized Processes8.05 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Cloud
8.7
5 Ratings
9% above category average
Ramco ERP
8.3
1 Ratings
5% above category average
Inventory tracking8.35 Ratings8.01 Ratings
Automatic reordering8.35 Ratings00 Ratings
Location management8.05 Ratings9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Cloud
8.1
5 Ratings
3% above category average
Ramco ERP
9.0
1 Ratings
14% above category average
Pricing8.05 Ratings9.01 Ratings
Order entry8.35 Ratings9.01 Ratings
Credit card processing5.54 Ratings00 Ratings
Cost of goods sold7.54 Ratings00 Ratings
Order Orchestration7.54 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Cloud
8.3
4 Ratings
11% above category average
Ramco ERP
-
Ratings
Billing Management6.54 Ratings00 Ratings
Cash and Asset Management7.54 Ratings00 Ratings
Travel & Expense Management7.54 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.04 Ratings00 Ratings
Period Close8.04 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
15% above category average
Ramco ERP
-
Ratings
Budgeting and Forecasting9.52 Ratings00 Ratings
Project Costing9.02 Ratings00 Ratings
Cost Capture8.52 Ratings00 Ratings
Capital Project Management9.02 Ratings00 Ratings
Customer Contract Compliance9.02 Ratings00 Ratings
Project Revenue Recognition9.52 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Cloud
8.9
5 Ratings
24% above category average
Ramco ERP
-
Ratings
Project Planning and Scheduling8.35 Ratings00 Ratings
Task Insight for Project Managers8.35 Ratings00 Ratings
Project Mobile Functionality8.04 Ratings00 Ratings
Definable Resource Pools7.74 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Cloud
8.9
4 Ratings
18% above category average
Ramco ERP
-
Ratings
Award Lifecycle Management9.04 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Cloud
8.9
5 Ratings
24% above category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared8.03 Ratings00 Ratings
Contract Authoring8.02 Ratings00 Ratings
Contract Repository6.03 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated8.54 Ratings00 Ratings
Supplier Management8.05 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Cloud
8.5
4 Ratings
25% above category average
Ramco ERP
-
Ratings
Risk Repository8.04 Ratings00 Ratings
Control Management8.44 Ratings00 Ratings
Control Efficiency Assessments7.44 Ratings00 Ratings
Issue Detection7.04 Ratings00 Ratings
Remediation and Certification5.74 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Cloud
7.8
4 Ratings
13% above category average
Ramco ERP
-
Ratings
Transportation Planning and Optimization6.54 Ratings00 Ratings
Transportation Execution Management6.54 Ratings00 Ratings
Trade and Customs Management6.03 Ratings00 Ratings
Fulfillment Management5.53 Ratings00 Ratings
Warehouse Workforce Management7.54 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Cloud
8.8
4 Ratings
17% above category average
Ramco ERP
-
Ratings
Production Process Design8.04 Ratings00 Ratings
Production Management8.54 Ratings00 Ratings
Configuration Management8.04 Ratings00 Ratings
Work Execution7.54 Ratings00 Ratings
Manufacturing Costs8.04 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Cloud
7.6
4 Ratings
6% above category average
Ramco ERP
-
Ratings
Forecasting7.04 Ratings00 Ratings
Inventory Planning7.04 Ratings00 Ratings
Performance Monitoring7.54 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Cloud
8.9
4 Ratings
20% above category average
Ramco ERP
-
Ratings
Proposal Management7.04 Ratings00 Ratings
Product Master Data Management8.04 Ratings00 Ratings
Best Alternatives
IFS CloudRamco ERP
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Score 9.3 out of 10
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Score 7.4 out of 10
Enterprises
24SevenOffice
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Score 9.0 out of 10
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User Ratings
IFS CloudRamco ERP
Likelihood to Recommend
8.0
(3 ratings)
10.0
(1 ratings)
Usability
8.0
(3 ratings)
9.0
(1 ratings)
Support Rating
9.5
(2 ratings)
9.0
(1 ratings)
User Testimonials
IFS CloudRamco ERP
Likelihood to Recommend
IFS
The IFS Cloud has well suited to keeping track from beginning to end and engages from the internal team to the external team very well. It takes everything with them and helps them to grow at a wide pace. It creates a systematic workflow process which helps in achieving the goal more fast and friendly environment
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
  • Store data from different domains
  • Integrates efficiently with other systems
  • Easy to migrate data from different systems. Provides good API Documentation.
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
  • Rich look of user experience of the web-based interface
  • Some areas like HR and Payroll are not fully-suited within the solution
  • Error and issue handling/debugging is difficult
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 overall functionality, the feature set that the IFS Cloud offeres is really good (even though it has some flaws / cons), which reduces the time / administrative effort in managing multiple systems to achieve the same goal / to store the required data.
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
The overall support is perfect and efficient.
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 Cloud is an upgrade of IFS Applications. IFS Applications solution is under extended support and would eventually be replaced by cloud solution in coming years.
Read full review
Ramco Systems
No answers on this topic
Return on Investment
IFS
  • Reduced the time taken for the users to prepare and generate reports since most are automatic with IFS Cloud
  • Increased the reliability and visibility of the inventory of the products from procurement of raw materials through the manufacturing of final product to delivering to customer's place
  • Took a considerable time configuring the roles and access of the users while implementation
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

Ramco ERP Screenshots

Screenshot of Ramco ERP Product Roadmap