Ramco ERP Features
General Ledger (3)
Journal Entries
Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source.
Tags / Dimensions
Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.
Audit Trail
Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record
Accounts Receivable (3)
Invoice Customization
The layout of the invoice template is fully customizable and you can add or remove fields.
AR Automation
Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions.
Collections Automation
The system automates the dunning process to help drive collections
Accounts Payable (3)
AP Automation
Steamlines data entry by auto populating recurring or predefined vendor values
Payment Processing
Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.
Purchase Orders
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process
Other Functionality (8)
Inventory Tracking / Ordering
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders.
Inventory Pricing and Costing
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit.
Inventory Reporting
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Customizable reporting allows insight into usage of inventory and services.
Multi-Entity / Consolidation
Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations
Recognition Rules
Automates recognition of revenue and expenses by defining recognition rules.
Reconciliations
Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations.
Payroll
Payroll module or integration to an external payroll provider which automates the recording of payroll
Time and Expense
Automated time and expense capture, tracking, approval, reimbursement and reporting
Reporting & Analytics (4)
Financial Statements
General reporting offered covers all of the standard financial statements and meets the basic needs of the business
Custom Reporting
Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer
Budgeting / Forecasting
Create and revise an unlimited number of budget, plan and forecast scenarios.
Dashboards
An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance
Platform (6)
Customization
Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views.
Workflow Capability
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action.
User, Role, and Access Management
Based on 11 Ramco ERP reviews and verified by the G2 Product R&D team. Grants access to select data, features, objects, etc. based on the users, user role, groups, etc.
Internationalization
Enables users to view and transact business with the same content in multiple languages and currencies.
Performance and Reliability
Based on 10 Ramco ERP reviews and verified by the G2 Product R&D team. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
Output Document Generation
Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
Integration (3)
Data Import and Export Tools
Ability to input, modify and extract data from the application in bulk through a structured file.
Integration APIs
Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.
Breadth of Partner Applications
To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product.
Accounting (30)
Chart of Accounts
Deliver out of the box Chart of accounts that can be used across multiple companies or business units This feature was mentioned in 11 Ramco ERP reviews.
AP Automation
Steam lines data entry by auto-populating recurring or predefined vendor values 12 reviewers of Ramco ERP have provided feedback on this feature.
AR Automation
Based on 12 Ramco ERP reviews. Automation helps the user be more efficient by populating default customer data and setting up regular payments from clients.
Journal Entries
Auto-populate based on previously entered information, uplaode journal entries and schedule future entries. 13 reviewers of Ramco ERP have provided feedback on this feature.
Tags & Dimensions
As reported in 11 Ramco ERP reviews. Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc.
Cash Management
Match payments and invoices and perform bank reconciliation in multiple currencies This feature was mentioned in 13 Ramco ERP reviews.
Payment Batches
Payments can be processed by batch without manual intervention
Payments Scheduling
Ability to schedule payments at predefined dates and times
Payment Settlements
Clearing of electronic payments to transfer funds from customers to suppliers
Payment Methods
Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
Chart of Accounts
Deliver out of the box Chart of accounts that can be used across multiple companies or business units.
AP Automation
Steam lines data entry by auto-populating recurring or predefined vendor values.
AR Automation
Automation helps the user be more efficient by populating default customer data and setting up regular payments from clients.
Journal Entries
Auto-populate based on previously entered information, uplaode journal entries and schedule future entries.
Tags & Dimensions
Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc.
Cash Management
Match payments and invoices and perform bank reconciliation in multiple currencies.
Payment Batches
Payments can be processed by batch without manual intervention
Payments Scheduling
Ability to schedule payments at predefined dates and times
Payment Settlements
Clearing of electronic payments to transfer funds from customers to suppliers
Payment Methods
Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
Chart of Accounts
Deliver out of the box Chart of accounts that can be used across multiple companies or business units.
AP Automation
Steam lines data entry by auto-populating recurring or predefined vendor values.
AR Automation
Automation helps the user be more efficient by populating default customer data and setting up regular payments from clients.
Journal Entries
Auto-populate based on previously entered information, uplaode journal entries and schedule future entries.
Tags & Dimensions
Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc.
Cash Management
Match payments and invoices and perform bank reconciliation in multiple currencies.
Payment Batches
Payments can be processed by batch without manual intervention
Payments Scheduling
Ability to schedule payments at predefined dates and times
Payment Settlements
Clearing of electronic payments to transfer funds from customers to suppliers
Payment Methods
Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
Inventory & Warehouse (18)
Inventory Tracking
Based on 14 Ramco ERP reviews. Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders.
Inventory Costing
Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit. This feature was mentioned in 14 Ramco ERP reviews.
Product Master
Based on 14 Ramco ERP reviews. Manage and track all inventory records across warehouses and retail locations through a single unified database.
Inventory Forecasting
Based on 13 Ramco ERP reviews. Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Integrations
Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms. This feature was mentioned in 11 Ramco ERP reviews.
Shelf Life
Manage the time length for which ingredients may be used and finished products stored and sold 13 reviewers of Ramco ERP have provided feedback on this feature.
Traceability
Ability to trace ingredients from supplier to warehouseing and production, and finally to the customer 13 reviewers of Ramco ERP have provided feedback on this feature.
Hazardous Materials
Identify hazardous materials and provide features for special storage and manipulation instructions This feature was mentioned in 12 Ramco ERP reviews.
Inventory Tracking
Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders.
Inventory Costing
Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit.
Product Master
Manage and track all inventory records across warehouses and retail locations through a single unified database.
Inventory Forecasting
Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Integrations
Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms.
Inventory Tracking
Real-time inventory tracking. Maintains accurate "On Hand" information by matching reserved inventory requested on purchase and sales orders.
Inventory Costing
Ability to establish costing methods such as Average, LIFO, FIFO, and Specific Unit.
Product Master
Manage and track all inventory records across warehouses and retail locations through a single unified database.
Inventory Forecasting
Optimize inventory levels with features that suggest reorder points and economic order quantities (EOQs) that facilitate inventory management.
Integrations
Integrate shopping carts, eCommerce platforms, POS, and accounting with the system to link inventory records across platforms.
Purchasing (12)
Demand
As reported in 13 Ramco ERP reviews. Identify demand based on different types of sales orders and forecasting data.
Purchase Orders
Based on 15 Ramco ERP reviews. Software supports purchase orders and provides the visibility needed to streamline the procure to pay process
In Transit
Track products and raw materials shipped by suppliers, from origin to destination 14 reviewers of Ramco ERP have provided feedback on this feature.
Receiving
Match the products received with the corresponding purchase orders and add them to inventory This feature was mentioned in 14 Ramco ERP reviews.
Demand
Identify demand based on different types of sales orders and forecasting data.
Purchase Orders
Software supports purchase orders and provides the visibility needed to streamline the procure to pay process.
In Transit
Track products and raw materials shipped by suppliers, from origin to destination.
Receiving
Match the products received with the corresponding purchase orders and add them to inventory.
Demand
Identify demand based on different types of sales orders and forecasting data.
Purchase Orders
Software supports purchase orders and provides the visibility needed to streamline the procure to pay process.
In Transit
Track products and raw materials shipped by suppliers, from origin to destination.
Receiving
Match the products received with the corresponding purchase orders and add them to inventory.
Sales & Marketing (17)
Customer Master
Based on 13 Ramco ERP reviews. Manages customer information including multiple ship-to and bill-to locations
ATP
Based on 10 Ramco ERP reviews. Available to promise provides information on future availability of products that are either planned for production or purchased but not received
Order History
Track order history, from quotes to sales orders, invoices, and returns, as well as canceled orders and back orders 13 reviewers of Ramco ERP have provided feedback on this feature.
Returns
Manage return merchandise authorizations (RMS) approval processes and match with the original invoices 13 reviewers of Ramco ERP have provided feedback on this feature.
Credit Limits
Define and monitor credit limits by individual customer or categories of customers, including the option to put customers on hold 11 reviewers of Ramco ERP have provided feedback on this feature.
Pricing & Discounts
Based on 12 Ramco ERP reviews. Manage various types of pricing and discounts associated with product categories and customer types
Customer Master
Manages customer information including multiple ship-to and bill-to locations.
ATP
Available to promise provides information on future availability of products that are either planned for production or purchased but not received.
Order History
Track order history, from quotes to sales orders, invoices, and returns, as well as canceled orders and back orders.
Returns
Manage return merchandise authorizations (RMS) approval processes and match with the original invoices.
Pricing & Discounts
Manage various types of pricing and discounts associated with product categories and customer types.
Customer Master
Manages customer information including multiple ship-to and bill-to locations.
ATP
Available to promise provides information on future availability of products that are either planned for production or purchased but not received.
Order History
Track order history, from quotes to sales orders, invoices, and returns, as well as canceled orders and back orders.
Returns
Manage return merchandise authorizations (RMS) approval processes and match with the original invoices.
Credit Limits
Define and monitor credit limits by individual customer or categories of customers, including the option to put customers on hold.
Pricing & Discounts
Manage various types of pricing and discounts associated with product categories and customer types.
Manufacturing (14)
MRP
As reported in 11 Ramco ERP reviews. Determine what raw materials are required for production, based on demand, production capacity, and inventory availability
Formulas & Recipes
Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them
MPS
Create and implement master production plans for multiple production lines and locations
Shop Floor
Based on 12 Ramco ERP reviews. Assign equipment and monitor shop floor activities during various production stages
WIP
Based on 11 Ramco ERP reviews. Track work in process (WIP) across multiple production lines and manufacturing locations
Work Orders
As reported in 13 Ramco ERP reviews. Manage work orders for different types of activities such as production, rework, or maintenance
Co-Products & By-Products
Track products manufactured along with a standard product (co-products) and secondary products (by-products)
Batch Management
Production batches can be resized up and down to include new sales orders and to reprioritize production orders 11 reviewers of Ramco ERP have provided feedback on this feature.
WIP
Track work in process (WIP) across multiple production lines and manufacturing locations.
Work Orders
Manage work orders for different types of activities such as production, rework, or maintenance.
MRP
Determine what raw materials are required for production, based on demand, production capacity, and inventory availability.
BOM
Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them.
MPS
Create and implement master production plans for multiple production lines and locations.
Shop Floor
Assign equipment and monitor shop floor activities during various production stages.
Quality Management (15)
Inspections
Define and implement workflows for inspections, including rules for escalations and notifications 14 reviewers of Ramco ERP have provided feedback on this feature.
Rework
As reported in 14 Ramco ERP reviews. Identify rejected products and decide either they can be repaired or discarded
Waste
As reported in 13 Ramco ERP reviews. Track production waste such as scrap, as well as returns that cannot be repaired
Defects
Monitor product defects, identify causes and provide corrective actions to improve quality 12 reviewers of Ramco ERP have provided feedback on this feature.
Recalls
As reported in 10 Ramco ERP reviews. Define procedures to be implemented during recalls to limit their negative impact on the company and its customers
Compliance
Ensure compliance with regulations and standards for production, storage, packaging, and transportation 13 reviewers of Ramco ERP have provided feedback on this feature.
Customer Requirements
Based on 14 Ramco ERP reviews. Manage customer specific quality standards and requirements
Inspections
Define and implement workflows for inspections, including rules for escalations and notifications.
Rework
Identify rejected products and decide either they can be repaired or discarded.
Waste
Track production waste such as scrap, as well as returns that cannot be repaired.
Defects
Monitor product defects, identify causes and provide corrective actions to improve quality.
Inspections
Define and implement workflows for inspections, including rules for escalations and notifications.
Rework
Identify rejected products and decide either they can be repaired or discarded.
Waste
Track production waste such as scrap, as well as returns that cannot be repaired.
Defects
Monitor product defects, identify causes and provide corrective actions to improve quality.
Distribution (11)
Picking & Packing
Based on 10 Ramco ERP reviews. Define and implement optimal procedures to pick and pack products for shipping
Custom Packing
Create packing options that are specific to one or more customers and can be modified for new clients
Labelling
Create labels that are compliant with governmental standards and with customer requirements
Shipping
Plan deliveries based on inventory availability, transportation costs, and order priority 10 reviewers of Ramco ERP have provided feedback on this feature.
Tracking
Based on 10 Ramco ERP reviews. Track shipments from warehouse to the destination, including drop shipments and multilocation shipping
Picking & Packing
Define and implement optimal procedures to pick and pack product for shipping.
Shipping
Plan deliveries based on inventory availability, transportation costs, and order priority.
Tracking
Track shipments from warehouse to the destination, including drop shipments and multilocation shipping.
Picking & Packing
Define and implement optimal procedures to pick and pack product for shipping.
Shipping
Plan deliveries based on inventory availability, transportation costs, and order priority.
Tracking
Track shipments from warehouse to the destination, including drop shipments and multilocation shipping.
HR (9)
Payroll
Payroll module or integration to an external payroll provider which automates the recording of payroll This feature was mentioned in 12 Ramco ERP reviews.
Workforce Management
Based on 11 Ramco ERP reviews. Manage personnel availability and allocate human resources to production and inventory operations
Time & Attendance
As reported in 13 Ramco ERP reviews. Track the time spent by employees performing various tasks related to production or inventory management
Payroll
Payroll module or integration to an external payroll provider which automates the recording of payroll.
Workforce Management
Manage personnel availability and allocate human resources to production and inventory operations.
Time & Attendance
Track the time spent by employees performing various tasks related to production or inventory management.
Payroll
Payroll module or integration to an external payroll provider which automates the recording of payroll.
Workforce Management
Manage personnel availability and allocate human resources to production and inventory operations.
Time & Attendance
Track the time spent by employees performing various tasks related to production or inventory management.
Discrete Manufacturing (6)
MRP
Determine what raw materials are required for production, based on demand, production capacity, and inventory availability.
MPS
Create and implement master production plans for multiple production lines and locations.
Shop Floor
Assign equipment and monitor shop floor activities during various production stages.
WIP
Track work in process (WIP) across multiple production lines and manufacturing locations.
Work Orders
Manage work orders for different types of activities such as production, rework, or maintenance.
BOM
Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them.
Process Manufacturing (3)
Formulas & Recipes
Define the structure of finished products to identify which raw materials, operations, and labor are needed to produce them
Co-Products & By-Products
Track products manufactured along with a standard product (co-products) and secondary products (by-products)
Batch Management
Production batches can be resized up and down to include new sales orders and to reprioritize production orders
ETO Manufacturing (3)
Engineering
Implement engineering changes across all manufacturing activities and locations
Product Configuration
Support advanced product configuration features to adapt to specific customer needs
Concurrent Engineering
Integrate design, engineering, manufacturing, and other functions to reduce the time to market.
Service (3)
Field Service
Manage field service activities related to the finished products delivered, such as installation and repairs
Warranty Management
Maintain information on warranties for the products delivered and for their components
Maintenance
Track maintenance operations for the products sold, such as calibration or preventive maintenance
Cash Flow (3)
Track Cash Flow
Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds.
Income and Expenses
Add one-time or recurring cash flow items and add line items for each payment or deposit.
File Exports
Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.
Budgeting & Forecasting (4)
Budgeting / Forecasting
Create and revise an unlimited number of budget, plan and forecast scenarios.
Data Import
Import trial balance, monthly P&L, balance sheets, and other types of financial data
Versioning
Keeps track of all versions of a budget and allows users to compare versions
Historical Data
Forecasting is based on past transactions and historical financial or operational data
Revenue (3)
Revenue Types
Supports multiple types of revenues, such as recurring and transaction based
Revenue Allocation
Allows users to allocate revenues to various business entities or departments
Scheduling
Automatic scheduling to ensure that revenue is recognized at the proper time
Payroll (3)
Direct Deposit
Automatically deposits paychecks into employees' bank accounts.
Tax Calculation
Calculates taxes due and may include resources or tools for federal and state tax compliance.
Reporting and Dashboards
Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes.
Generative AI (2)
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
Generative AI (4)
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
AI Text Generation
Allows users to generate text based on a text prompt.
AI Text Summarization
Condenses long documents or text into a brief summary.
AI (10)
Data Extraction
Uses AI to automatically input data from receipts, invoices, and other documents
Invoice Processing
Uses AI to generates, send, and track invoices
Expense Management
Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns
Fraud Detection
Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time
Tax Compliance
Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns
Support Chatbots
Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports
Bank Reconciliations
Uses AI to match transactions recorded in the accounting system with those in bank statements
Report Generation
Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business
Customizable Alerts
Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances
Predictive Analytics
Uses AI to analyze data to identify trends and make predictions
Mobile Applications - Accounting (6)
Cloud Integration
Enables synchronization of accounting data across devices in real-time
Notifications
Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines
UI
Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables
Offline
Allows users to view and update certain data without an internet connection
Expense Tracking
Allows users to capture and upload expense receipts directly from mobile devices
Invoice Management
Enables creation, editing, and sending of invoices
Agentic AI - Mixed Mode ERP (3)
Adaptive Learning
Improves performance based on feedback and experience
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Agentic AI - Process ERP (3)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Agentic AI - Accounting (1)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Agentic AI - Discrete ERP (3)
Cross-system Integration
Works across multiple software systems or databases
Natural Language Interaction
Engages in human-like conversation for task delegation
Decision Making
Makes informed choices based on available data and objectives
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