Shlomi Lavi /
Mar 02, 2023
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Bottom Line: Which is Better - Workday HCM or Ramco HCM?
Workday HCM is more expensive to implement (TCO) than Ramco HCM, and Workday HCM is rated higher (98/100) than Ramco HCM (71/100). Ramco HCM offers users more features (15) than Workday HCM (0).
Looking for the right Human Resources solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Workday Vs. Ramco Systems
Workday: In 2005, software visionaries Dave Duffield and Aneel Bhusri met for brunch at a Truckee diner, a few miles north of Lake Tahoe. They decided to form a startup—one that would sell cloud-based finance and HR software. The two longtime friends had plenty of experience. Dave founded PeopleSoft in 1987 and served as the company's CEO and board chairma...
Ramco Systems: Ramco Systems, a part of the USD 1 Billion Ramco Group, is a leading software company focused on consulting, products, and managed services business. Started as an R & D division of Ramco Industries Limited in 1992, Ramco Systems was later established as an independent company in 1999. Headquartered in Chennai, the company has 17 offices spread acr...
Who is more expensive? Workday HCM or Ramco HCM?
The real total cost of ownership (TCO) of Human Resources software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Workday HCM and Ramco HCM.
Workday HCM price starts at $45 per employee/month , On a scale between 1 to 10 Workday is rated 10, which is much higher than the average cost of Human Resources software. Ramco HCM price starts at $80 per feature , When comparing Ramco HCM to its competitors, the software is rated 8 - higher than the average Human Resources software cost.
Bottom line: Workday HCM is more expensive than Ramco HCM.
Which software includes more/better features?
We've compared Workday HCM Vs. Ramco HCM based on some of the most important and required Human Resources features.
Workday HCM: We are still working to collect the list of features for Workday HCM.
Ramco HCM: Appraisal Performance, Benefits Administration, Software Customization, Employee Self-Service, HR Management.
Target customer size
Workday HCM is used by businesses of all sizes and across a variety of industries. Ramco HCM is perfect for large enterprises.