Accounting Seed vs. IFS Cloud

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
Score 7.6 out of 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
IFS Cloud
Score 8.2 out of 10
N/A
IFS is a low-code / no-code approach to IFS solution suite, supporting various industries including aerospace & defense, construction, energy & utilities, and manufacturing with ERP, EAM and field service management functionality. IFS Cloud can be run as a service from IFS, or in a location of choice including on-premise as a containerized application.N/A
Pricing
Accounting SeedIFS Cloud
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting SeedIFS Cloud
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.
More Pricing Information
Community Pulse
Accounting SeedIFS Cloud
Features
Accounting SeedIFS Cloud
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
18% above category average
IFS Cloud
6.2
4 Ratings
17% below category average
Pay calculation8.32 Ratings5.54 Ratings
Benefit plan administration8.62 Ratings5.04 Ratings
Direct deposit files9.32 Ratings5.04 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
25% above category average
IFS Cloud
7.5
4 Ratings
1% above category average
API for custom integration9.74 Ratings7.54 Ratings
Plug-ins9.73 Ratings7.54 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
4 Ratings
17% above category average
IFS Cloud
8.3
4 Ratings
1% below category average
Single sign-on capability9.74 Ratings8.54 Ratings
Role-based user permissions9.74 Ratings8.04 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
6 Ratings
16% above category average
IFS Cloud
7.2
4 Ratings
2% below category average
Dashboards9.75 Ratings7.54 Ratings
Standard reports8.76 Ratings7.04 Ratings
Custom reports8.86 Ratings7.04 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
16% above category average
IFS Cloud
8.9
4 Ratings
15% above category average
Accounts payable9.66 Ratings9.54 Ratings
Accounts receivable9.74 Ratings9.04 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 Ratings9.54 Ratings
Primary and Secondary Ledgers8.74 Ratings9.54 Ratings
Intercompany Accounting9.14 Ratings00 Ratings
Localizations10.03 Ratings00 Ratings
Journals and Reconciliations9.76 Ratings7.54 Ratings
Enterprise Accounting5.54 Ratings00 Ratings
Configurable Accounting8.55 Ratings8.04 Ratings
Centralized Rules Framework9.13 Ratings00 Ratings
Standardized Processes9.14 Ratings8.54 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
20% above category average
IFS Cloud
8.8
4 Ratings
10% above category average
Inventory tracking9.72 Ratings8.54 Ratings
Automatic reordering9.72 Ratings8.54 Ratings
Location management9.72 Ratings8.04 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
23% above category average
IFS Cloud
7.9
4 Ratings
1% above category average
Pricing9.72 Ratings7.54 Ratings
Order entry10.02 Ratings8.04 Ratings
Credit card processing10.02 Ratings5.54 Ratings
Cost of goods sold10.02 Ratings7.54 Ratings
Order Orchestration9.72 Ratings7.54 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 Cloud
8.3
4 Ratings
10% above category average
Billing Management00 Ratings6.54 Ratings
Cash and Asset Management00 Ratings7.54 Ratings
Travel & Expense Management00 Ratings7.54 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings7.04 Ratings
Period Close00 Ratings8.04 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.8
2 Ratings
15% above category average
Budgeting and Forecasting00 Ratings9.52 Ratings
Project Costing00 Ratings9.02 Ratings
Cost Capture00 Ratings8.52 Ratings
Capital Project Management00 Ratings9.02 Ratings
Customer Contract Compliance00 Ratings9.02 Ratings
Project Revenue Recognition00 Ratings9.52 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.9
4 Ratings
23% above category average
Project Planning and Scheduling00 Ratings8.04 Ratings
Task Insight for Project Managers00 Ratings8.04 Ratings
Project Mobile Functionality00 Ratings8.03 Ratings
Definable Resource Pools00 Ratings7.53 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.6
3 Ratings
16% above category average
Award Lifecycle Management00 Ratings8.03 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.9
4 Ratings
24% above category average
Bids Analyzed and Compared00 Ratings8.03 Ratings
Contract Authoring00 Ratings8.02 Ratings
Contract Repository00 Ratings6.03 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.54 Ratings
Supplier Management00 Ratings7.54 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.0
3 Ratings
19% above category average
Risk Repository00 Ratings7.03 Ratings
Control Management00 Ratings7.53 Ratings
Control Efficiency Assessments00 Ratings6.53 Ratings
Issue Detection00 Ratings5.53 Ratings
Remediation and Certification00 Ratings5.53 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
7.8
4 Ratings
13% above category average
Transportation Planning and Optimization00 Ratings6.54 Ratings
Transportation Execution Management00 Ratings6.54 Ratings
Trade and Customs Management00 Ratings6.03 Ratings
Fulfillment Management00 Ratings5.53 Ratings
Warehouse Workforce Management00 Ratings7.54 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.8
4 Ratings
17% above category average
Production Process Design00 Ratings8.04 Ratings
Production Management00 Ratings8.54 Ratings
Configuration Management00 Ratings8.04 Ratings
Work Execution00 Ratings7.54 Ratings
Manufacturing Costs00 Ratings8.04 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
7.6
4 Ratings
6% above category average
Forecasting00 Ratings7.04 Ratings
Inventory Planning00 Ratings7.04 Ratings
Performance Monitoring00 Ratings7.54 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Cloud
8.5
3 Ratings
16% above category average
Proposal Management00 Ratings5.53 Ratings
Product Master Data Management00 Ratings7.03 Ratings
Best Alternatives
Accounting SeedIFS Cloud
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.9 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
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User Ratings
Accounting SeedIFS Cloud
Likelihood to Recommend
8.1
(6 ratings)
8.0
(3 ratings)
Usability
8.8
(3 ratings)
8.0
(3 ratings)
Support Rating
7.8
(3 ratings)
9.5
(2 ratings)
User Testimonials
Accounting SeedIFS Cloud
Likelihood to Recommend
Accounting Seed
I wouldn’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
The IFS Cloud has well suited to keeping track from beginning to end and engages from the internal team to the external team very well. It takes everything with them and helps them to grow at a wide pace. It creates a systematic workflow process which helps in achieving the goal more fast and friendly environment
Read full review
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
Read full review
IFS
  • Integration with other third-party application is easy and reliable
  • Product documentation is easy to follow for the new users
  • Web-based product
Read full review
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
  • Data is stored in projections, so finding the required details is time consuming.
  • Sometimes the mapping between mapping of UI fields and actual backend is broken / does not work.
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
Read full review
IFS
Overall, IFS Cloud offers a complete solution across different business units. The inbuilt dashboards and reporting capabilities responds well to day to day basic reporting needs. Cloud solution is accessible from all platforms and provides good control from role & access perspective.
Read full review
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
The overall support is perfect and efficient.
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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
User documentation of IFS Cloud is very well organized, and easy to follow. So, the time taken for the key business users to be trained is comparatively less. The integration with other well-suited third-party applications for HR and Payroll has been standardized and easy to setup, because of the REST APIs.
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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.
Read full review
IFS
  • I am not aware about ROI by using this tool, as the details are only available to higher reps in our orgnization.
Read full review
ScreenShots

Accounting Seed Screenshots

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