What users are saying about
7 Ratings
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Score 8 out of 100
16 Ratings
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Score 8.9 out of 100

Likelihood to Recommend

Accounting Seed

The ability to see detail in the data is second to none. The ability to tie into the same data base as other salesforce products is huge. I do believe you need an on site expert. I have found my staff hesitant to "explore" the world outside of their routine. There are certain functions - like accounts payable - that are very similar no matter what program you buy, but it would be helpful if Accounting Seed put together some "Best Practices Procedures" for the A/P person to review and teach themselves. As the manager, it should not be up to me to have to retrain every person that steps into the position from scratch. How much nicer it would be to have something in the knowledge base or in the Accounting Home page that would direct new hires!
Gayle Ulrich | TrustRadius Reviewer

IFS Applications

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.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Customization

Accounting Seed
8.5
IFS Applications
8.5
API for custom integration
Accounting Seed
8.5
IFS Applications
9.0
Plug-ins
Accounting Seed
IFS Applications
8.0

Security

Accounting Seed
9.0
IFS Applications
8.5
Single sign-on capability
Accounting Seed
9.0
IFS Applications
9.0
Role-based user permissions
Accounting Seed
9.0
IFS Applications
8.0

Reporting & Analytics

Accounting Seed
7.3
IFS Applications
8.0
Dashboards
Accounting Seed
7.7
IFS Applications
8.0
Standard reports
Accounting Seed
7.0
IFS Applications
9.0
Custom reports
Accounting Seed
7.3
IFS Applications
7.0

General Ledger and Configurable Accounting

Accounting Seed
8.5
IFS Applications
7.4
Accounts payable
Accounting Seed
8.5
IFS Applications
8.0
Accounts receivable
Accounting Seed
8.5
IFS Applications
8.0
Cash management
Accounting Seed
8.3
IFS Applications
Bank reconciliation
Accounting Seed
8.5
IFS Applications
Expense management
Accounting Seed
7.6
IFS Applications
Fixed asset management
Accounting Seed
9.1
IFS Applications
Multi-currency support
Accounting Seed
8.0
IFS Applications
Multi-division support
Accounting Seed
9.0
IFS Applications
Regulations compliance
Accounting Seed
8.5
IFS Applications
Self-service portal
Accounting Seed
8.0
IFS Applications
Global Financial Support
Accounting Seed
8.0
IFS Applications
Primary and Secondary Ledgers
Accounting Seed
8.5
IFS Applications
Intercompany Accounting
Accounting Seed
8.5
IFS Applications
Localizations
Accounting Seed
9.1
IFS Applications
Journals and Reconciliations
Accounting Seed
8.8
IFS Applications
Enterprise Accounting
Accounting Seed
8.0
IFS Applications
Configurable Accounting
Accounting Seed
9.4
IFS Applications
Centralized Rules Framework
Accounting Seed
9.0
IFS Applications
Standardized Processes
Accounting Seed
9.0
IFS Applications

Inventory Management

Accounting Seed
IFS Applications
8.0
Inventory tracking
Accounting Seed
IFS Applications
8.0
Automatic reordering
Accounting Seed
IFS Applications
8.0
Location management
Accounting Seed
IFS Applications
8.0
Manufacturing module
Accounting Seed
IFS Applications
8.0

Order Management

Accounting Seed
IFS Applications
8.0
Pricing
Accounting Seed
IFS Applications
8.0
Order entry
Accounting Seed
IFS Applications
8.0
Credit card processing
Accounting Seed
IFS Applications
8.0
Cost of goods sold
Accounting Seed
IFS Applications
8.0

Pros

Accounting Seed

  • Ability to create custom reports on the fly.
  • Sharing/flowing information across Salesforce project pages.
  • My favorite, saving tons of time by having all information in one location, not having to stop and compare Salesforce reports to a separate accounting program reports.
Pamela White | TrustRadius Reviewer

IFS Applications

  • Interfaces of IFS are very powerful and varied, making it easier to integrate the tool in your Information System. Based on standard connectors like IFS connect, you can potentially exploit formatted mail flows to avoid or reduce manual work and automate your processes (e.g. auto creation of sales contracts based on a quote), with security mechanisms inside the tool to check consistency and formatting of data before storing it in your database. Other interfaces use standard PL/SQL packages and allow you, based on web services for example, to interact with an external CRM such as Salesforce, with standard PL/SQL API packages to call web services.
  • Reporting is easy with IFS and can be done in many ways : it can be either use the embedded Excel export feature. Secondly you can make use of Business Analytics feature to build complex states and feed dedicated views nightly in order not to impact your production environment while compiling and executing complex SQL statements. Thirdly, your users can make use of quick reports with a set of built-in tools, which are easy to use and learn, with no IT specialist needed, in order to be operational in an effective manner.
  • IFS is based on your organization matrix to efficiently ensure the correct access to the tool, which can be done via menus etc. You can easily adapt or fine tune permissions to work at high level or on very detailed level, and control rights access management depending on your organization matrix role.
Anonymous | TrustRadius Reviewer

Cons

Accounting Seed

  • Most accounting systems have a number of canned reports included with the system. Accounting Seed has a few limited canned reports. These have grown over the past three years.
  • Though using the Salesforce reporting feature makes reporting easy, you are limited by what the Salesforce reporting system can do.
  • Budgeting is connected to project tasks rather than general ledger accounts.
Anonymous | TrustRadius Reviewer

IFS Applications

  • 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.
Anonymous | TrustRadius Reviewer

Alternatives Considered

Accounting Seed

Much easier to have accounting software be native to Salesforce. That's the main reason we went with Accounting Seed and are happy to have made that decision. We also love the customization abilities - just as easy as adding any field in Salesforce.
David Jacoby | TrustRadius Reviewer

IFS Applications

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 Gartner’s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
Anonymous | TrustRadius Reviewer

Return on Investment

Accounting Seed

  • We are too soon into the process to answer this. Our year end is June 30 and our audit will take place in July and August, with completion in October. I am very happy with the program and look forward to the next year being more efficient with my time, but I cannot determine an ROI benefit at this point.
Gayle Ulrich | TrustRadius Reviewer

IFS Applications

  • 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.
Anonymous | TrustRadius Reviewer

Screenshots

Accounting Seed

IFS Applications

Pricing Details

Accounting Seed

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

IFS Applications

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Accounting Seed
8.5
IFS Applications
9.0

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