Oracle's PeopleSoft ERP (or PeopleSoft FSCM) is a software solution used to reduce costs by automating and centralizing global transactional processes and the enterprise entire supply chain. Oracle states they have extended support for PeopleSoft to 2034.
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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 PeopleSoft ERP
Ramco ERP
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
Oracle PeopleSoft ERP
Ramco ERP
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
Oracle PeopleSoft ERP
Ramco ERP
Features
Oracle PeopleSoft ERP
Ramco ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Oracle PeopleSoft ERP
7.8
21 Ratings
7% above category average
Ramco ERP
8.8
1 Ratings
19% above category average
Pay calculation
8.321 Ratings
8.01 Ratings
Benefit plan administration
7.519 Ratings
9.01 Ratings
Direct deposit files
9.020 Ratings
10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Oracle PeopleSoft ERP
6.2
23 Ratings
19% below category average
Ramco ERP
9.0
1 Ratings
18% above category average
API for custom integration
6.222 Ratings
9.01 Ratings
Plug-ins
6.219 Ratings
9.01 Ratings
Security
Comparison of Security features of Product A and Product B
Oracle PeopleSoft ERP
8.7
29 Ratings
4% above category average
Ramco ERP
8.5
1 Ratings
2% above category average
Single sign-on capability
8.525 Ratings
9.01 Ratings
Role-based user permissions
8.927 Ratings
8.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Oracle PeopleSoft ERP
7.2
31 Ratings
1% below category average
Ramco ERP
9.0
1 Ratings
21% above category average
Dashboards
7.027 Ratings
10.01 Ratings
Standard reports
7.829 Ratings
8.01 Ratings
Custom reports
6.829 Ratings
9.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Oracle PeopleSoft ERP
7.7
34 Ratings
1% above category average
Ramco ERP
-
Ratings
Accounts payable
7.328 Ratings
00 Ratings
Accounts receivable
7.027 Ratings
00 Ratings
Global Financial Support
7.019 Ratings
00 Ratings
Primary and Secondary Ledgers
8.126 Ratings
00 Ratings
Journals and Reconciliations
8.126 Ratings
00 Ratings
Configurable Accounting
7.322 Ratings
00 Ratings
Standardized Processes
7.724 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Oracle PeopleSoft ERP
7.2
14 Ratings
10% below category average
Ramco ERP
8.3
1 Ratings
5% above category average
Inventory tracking
8.212 Ratings
8.01 Ratings
Automatic reordering
8.011 Ratings
00 Ratings
Location management
7.813 Ratings
9.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Oracle PeopleSoft ERP
8.1
10 Ratings
3% above category average
Ramco ERP
9.0
1 Ratings
14% above category average
Pricing
8.08 Ratings
9.01 Ratings
Order entry
9.49 Ratings
9.01 Ratings
Credit card processing
6.86 Ratings
00 Ratings
Cost of goods sold
9.05 Ratings
00 Ratings
Order Orchestration
9.04 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Oracle PeopleSoft ERP
7.7
30 Ratings
4% above category average
Ramco ERP
-
Ratings
Billing Management
8.520 Ratings
00 Ratings
Cash and Asset Management
8.018 Ratings
00 Ratings
Travel & Expense Management
4.915 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
6.517 Ratings
00 Ratings
Period Close
8.423 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Oracle PeopleSoft ERP
7.4
12 Ratings
2% below category average
Ramco ERP
-
Ratings
Budgeting and Forecasting
7.012 Ratings
00 Ratings
Project Costing
7.111 Ratings
00 Ratings
Cost Capture
7.110 Ratings
00 Ratings
Capital Project Management
8.310 Ratings
00 Ratings
Customer Contract Compliance
8.710 Ratings
00 Ratings
Project Revenue Recognition
8.310 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Oracle PeopleSoft ERP
7.1
9 Ratings
3% above category average
Ramco ERP
-
Ratings
Project Planning and Scheduling
8.69 Ratings
00 Ratings
Task Insight for Project Managers
8.28 Ratings
00 Ratings
Project Mobile Functionality
8.68 Ratings
00 Ratings
Definable Resource Pools
7.68 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Oracle PeopleSoft ERP
9.0
12 Ratings
20% above category average
Ramco ERP
-
Ratings
Award Lifecycle Management
8.011 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Oracle PeopleSoft ERP
6.7
18 Ratings
4% below category average
Ramco ERP
-
Ratings
Bids Analyzed and Compared
8.010 Ratings
00 Ratings
Contract Authoring
9.08 Ratings
00 Ratings
Contract Repository
8.612 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
7.414 Ratings
00 Ratings
Supplier Management
9.412 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Oracle PeopleSoft ERP
7.0
5 Ratings
5% above category average
Ramco ERP
-
Ratings
Risk Repository
7.55 Ratings
00 Ratings
Control Management
8.55 Ratings
00 Ratings
Control Efficiency Assessments
8.04 Ratings
00 Ratings
Issue Detection
9.04 Ratings
00 Ratings
Remediation and Certification
9.04 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Oracle PeopleSoft ERP
8.8
3 Ratings
25% above category average
Ramco ERP
-
Ratings
Transportation Planning and Optimization
8.03 Ratings
00 Ratings
Transportation Execution Management
8.03 Ratings
00 Ratings
Trade and Customs Management
7.03 Ratings
00 Ratings
Fulfillment Management
10.03 Ratings
00 Ratings
Warehouse Workforce Management
10.03 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Oracle PeopleSoft ERP
8.8
5 Ratings
17% above category average
Ramco ERP
-
Ratings
Production Process Design
6.04 Ratings
00 Ratings
Production Management
9.25 Ratings
00 Ratings
Configuration Management
9.25 Ratings
00 Ratings
Work Execution
10.04 Ratings
00 Ratings
Manufacturing Costs
9.25 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Oracle PeopleSoft ERP
8.5
11 Ratings
16% above category average
Ramco ERP
-
Ratings
Forecasting
8.211 Ratings
00 Ratings
Inventory Planning
8.810 Ratings
00 Ratings
Performance Monitoring
8.210 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
You really need a big enterprise to take advantage of PeopleSoft. It is not entirely user-friendly, and it often requires massive amounts of customization to make it work for layers if you will. Business experts can figure it out, but if you are expecting someone to easily learn how to use the timekeeping modules without heavy customization, it's really not for you. You need to know going in, that this is not for a small business at all, and not even a medium-sized enterprise. It's geared to massive organizations that need to integrate business processes over geographic areas and multiple departments.
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.
One of the best thing it does is it is customizable. You can implement any business logic you need. This is one of the very key assets of PeopleSoft Financials.
PeopleSoft Financials's accounting methods are in line with industry standards. You can use the process as is and ledger will be taken care of.
It supports multiple ways to integrate with other systems.
PeopleSoft Financials does not address the needs of small organizations that do not have a large enough staff to maintain the software or utilize the features it provides as it requires a moderate staff to keep track of all of the transactions and processing
PeopleSoft licensing costs are significant, which are relative to the features provided but in many cases those features may not be necessary
PeopleSoft licensing structures can be frustrating at times when certain modules would allow you to perform the complex task needed but it would require the entire module to be licensed for just that one feature (e.g. Cash Management for loading bank statements in certain formats)
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.
PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.
The usability is very outdated In my opinion. The screens resemble those of Windows 3.1. Too many clicks and drop-downs or clicks to go to a new screen. The business logic also appears dated and requires an update. Overall, it does not have a pleasing User Interface and should be refreshed, or a new interface should be built from the ground up.
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.
I can't give them a perfect rating because it does often take a long time and usually more [expensive] to resolve trying issues that cannot be solved by our in-house team. PeopleSoft is complicated, and the mix and match of user-created and stock modules cause problems very often. These usually require more customization to completely fix, requiring more money spent with
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.
I recommend that everyone pay special attention to developing a solid testing and training plan if you are even thinking of implementing PeopleSoft. Be ready to obtain good trainers and developers, otherwise, your journey can be unnecessarily painful and much more expensive. Try to stay with an implementation partner who really has your needs at heart, and actually takes the time to understand your organization!
PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
Provides better controls to ensure that spend does not increase beyond the PO amount.
sPro reverse invoicing provides a mechanism to only pay our staff aug firms for only the hours that entered into PeopleSoft. There is no more reconciliation between the vendor invoices and the hours that were charged within the internal time tracking system.
PeopleSoft Financials increases employee efficiency through the use of dashboards and work centers.