Accounting Seed vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
ScoreĀ 8.3Ā outĀ ofĀ 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
IFS Applications
ScoreĀ 6.0Ā outĀ ofĀ 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 manufacturingā€¦N/A
Pricing
Accounting SeedIFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting SeedIFS Applications
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing starts at $3,960/year.ā€”
More Pricing Information
Community Pulse
Accounting SeedIFS Applications
Top Pros
Top Cons
Features
Accounting SeedIFS Applications
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
23% above category average
IFS Applications
1.0
1 Ratings
151% below category average
Pay calculation8.32 Ratings1.01 Ratings
Benefit plan administration8.62 Ratings1.01 Ratings
Direct deposit files9.32 Ratings1.01 Ratings
Salary revision and increment management9.02 Ratings00 Ratings
Reimbursement management9.72 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
4 Ratings
35% above category average
IFS Applications
1.0
2 Ratings
152% below category average
API for custom integration9.74 Ratings1.02 Ratings
Plug-ins9.73 Ratings1.02 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
4 Ratings
21% above category average
IFS Applications
5.5
2 Ratings
39% below category average
Single sign-on capability9.74 Ratings5.02 Ratings
Role-based user permissions9.74 Ratings6.02 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
6 Ratings
21% above category average
IFS Applications
1.3
2 Ratings
137% below category average
Dashboards9.75 Ratings2.02 Ratings
Standard reports8.76 Ratings1.02 Ratings
Custom reports8.86 Ratings1.02 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
8.9
6 Ratings
21% above category average
IFS Applications
6.4
2 Ratings
17% below category average
Accounts payable9.66 Ratings8.02 Ratings
Accounts receivable9.74 Ratings8.02 Ratings
Cash management9.45 Ratings00 Ratings
Bank reconciliation8.66 Ratings00 Ratings
Expense management9.75 Ratings00 Ratings
Time tracking9.72 Ratings00 Ratings
Fixed asset management9.73 Ratings00 Ratings
Multi-currency support7.23 Ratings00 Ratings
Multi-division support8.54 Ratings00 Ratings
Regulations compliance7.63 Ratings00 Ratings
Electronic tax filing8.62 Ratings00 Ratings
Self-service portal9.73 Ratings00 Ratings
Global Financial Support10.03 Ratings6.01 Ratings
Primary and Secondary Ledgers8.74 Ratings6.01 Ratings
Intercompany Accounting9.14 Ratings00 Ratings
Localizations10.03 Ratings00 Ratings
Journals and Reconciliations9.76 Ratings6.01 Ratings
Enterprise Accounting5.54 Ratings00 Ratings
Configurable Accounting8.55 Ratings3.01 Ratings
Centralized Rules Framework9.13 Ratings00 Ratings
Standardized Processes9.14 Ratings3.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
29% above category average
IFS Applications
4.3
2 Ratings
59% below category average
Inventory tracking9.72 Ratings1.02 Ratings
Automatic reordering9.72 Ratings7.02 Ratings
Location management9.72 Ratings1.02 Ratings
Manufacturing module6.92 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Seed
9.4
2 Ratings
28% above category average
IFS Applications
1.0
2 Ratings
154% below category average
Pricing9.72 Ratings1.02 Ratings
Order entry10.02 Ratings1.02 Ratings
Credit card processing10.02 Ratings1.02 Ratings
Cost of goods sold10.02 Ratings1.02 Ratings
Order Orchestration9.72 Ratings1.01 Ratings
End-to-end order visibility6.92 Ratings00 Ratings
Order exception Resolution9.72 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
1.0
1 Ratings
152% below category average
Billing Management00 Ratings1.01 Ratings
Cash and Asset Management00 Ratings1.01 Ratings
Travel & Expense Management00 Ratings1.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings1.01 Ratings
Period Close00 Ratings1.01 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
2.7
1 Ratings
95% below category average
Budgeting and Forecasting00 Ratings3.01 Ratings
Project Costing00 Ratings6.01 Ratings
Cost Capture00 Ratings5.01 Ratings
Capital Project Management00 Ratings2.01 Ratings
Customer Contract Compliance00 Ratings2.01 Ratings
Project Revenue Recognition00 Ratings2.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
1.0
1 Ratings
149% below category average
Project Planning and Scheduling00 Ratings1.01 Ratings
Task Insight for Project Managers00 Ratings1.01 Ratings
Project Mobile Functionality00 Ratings1.01 Ratings
Definable Resource Pools00 Ratings1.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
1.2
1 Ratings
141% below category average
Bids Analyzed and Compared00 Ratings2.01 Ratings
Contract Authoring00 Ratings1.01 Ratings
Contract Repository00 Ratings1.01 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings1.01 Ratings
Supplier Management00 Ratings1.01 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
1.0
1 Ratings
147% below category average
Risk Repository00 Ratings1.01 Ratings
Control Management00 Ratings1.01 Ratings
Control Efficiency Assessments00 Ratings1.01 Ratings
Issue Detection00 Ratings1.01 Ratings
Remediation and Certification00 Ratings1.01 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
5.0
1 Ratings
31% below category average
Fulfillment Management00 Ratings5.01 Ratings
Warehouse Workforce Management00 Ratings5.01 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
1.0
1 Ratings
153% below category average
Production Management00 Ratings1.01 Ratings
Configuration Management00 Ratings1.01 Ratings
Work Execution00 Ratings1.01 Ratings
Manufacturing Costs00 Ratings1.01 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
5.0
1 Ratings
37% below category average
Forecasting00 Ratings5.01 Ratings
Inventory Planning00 Ratings5.01 Ratings
Best Alternatives
Accounting SeedIFS Applications
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
ScoreĀ 9.2Ā outĀ ofĀ 10
Acumatica
Acumatica
ScoreĀ 8.8Ā outĀ ofĀ 10
Medium-sized Companies
Acumatica
Acumatica
ScoreĀ 8.8Ā outĀ ofĀ 10
Infor VISUAL
Infor VISUAL
ScoreĀ 7.1Ā outĀ ofĀ 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
ScoreĀ 8.0Ā outĀ ofĀ 10
SAP Business ByDesign
SAP Business ByDesign
ScoreĀ 7.4Ā outĀ ofĀ 10
All AlternativesView all alternativesView all alternatives
User Ratings
Accounting SeedIFS Applications
Likelihood to Recommend
8.1
(6 ratings)
2.0
(2 ratings)
Usability
8.8
(3 ratings)
1.0
(1 ratings)
Support Rating
7.8
(3 ratings)
1.0
(1 ratings)
User Testimonials
Accounting SeedIFS Applications
Likelihood to Recommend
Accounting Seed
I wouldnā€™t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
Read full review
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.
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Pros
Accounting Seed
  • Accounting Seed is an affordable accounting solution
  • It offers many features making it an ideal accounting solution for business
  • The software integrates well with Salesforce
  • The software comes with a friendly User Interface
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IFS
  • Accounting
  • Finance
  • Complex Inventory
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Cons
Accounting Seed
  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
Read full review
IFS
  • The speed of bug fixes should be improved by the IFS after sales teams. We saw the difference of responsiveness prior to Go Live and after Go Live, with a change of teams. IFS France is working on that point, and strategically wants to innovate by acting now with two other third-party companies in early 2017, to improve the after sales experience for customers.
  • There is no license model between the full licenses, which gives access to all IFS features, and the light licenses, to get access to a specific module like expense sheet. As a consequence, you must acquire a full access license for one team working only with a dedicated module (e.g. general ledger). Maybe an intermediate type license would be welcome to balance the budget. IFS tries to make prices competitive but you have to consider full upgrades of the product too, where requiring full licenses can be hard on the budget.
  • When you have an Active Directory ecosystem with a trust relationship, users from domain B can't natively access IFS, even if AD sync is in place with domain A. It's important to improve that functionality because many companies have a merge and acquisition context, with SOX constraints sometimes, and avoiding maintaining contacts or local accounts simplifies SOX compliance, or to management of accounts within the company.
Read full review
Usability
Accounting Seed
It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
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IFS
The system is very difficult to use, overly complex, and difficult to learn. It also has limitations that are hard to overcome.
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Support Rating
Accounting Seed
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
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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.
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Alternatives Considered
Accounting Seed
Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
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IFS
Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP. We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their feedback. The project manager team and qualification level of technical or consultant teams were differentiating factors too. Finally IFS application was named in the Gartnerā€™s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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Return on Investment
Accounting Seed
  • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
  • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
  • Capturing data on reports that are not submitted, approval times, and policy exceptions.
  • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
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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
ScreenShots

Accounting Seed Screenshots

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IFS Applications Screenshots

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