Exact Globe+ vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Globe+
Score 8.2 out of 10
N/A
Exact Global is an ERP for global manufacturing companies, from global company Exact Software headquartered in the Netherlands.N/A
IFS Applications
Score 7.6 out of 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 manufacturing…N/A
Pricing
Exact Globe+IFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Exact Globe+IFS Applications
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Exact Globe+IFS Applications
Features
Exact Globe+IFS Applications
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Exact Globe+
9.0
2 Ratings
20% above category average
IFS Applications
4.3
3 Ratings
52% below category average
Pay calculation9.02 Ratings7.13 Ratings
Benefit plan administration9.02 Ratings6.63 Ratings
Direct deposit files9.02 Ratings5.63 Ratings
Customization
Comparison of Customization features of Product A and Product B
Exact Globe+
9.0
2 Ratings
19% above category average
IFS Applications
8.7
5 Ratings
16% above category average
API for custom integration9.02 Ratings8.75 Ratings
Plug-ins9.02 Ratings8.75 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Globe+
9.5
3 Ratings
13% above category average
IFS Applications
9.8
5 Ratings
16% above category average
Single sign-on capability10.02 Ratings10.05 Ratings
Role-based user permissions9.03 Ratings9.75 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Exact Globe+
9.0
3 Ratings
21% above category average
IFS Applications
8.5
5 Ratings
15% above category average
Dashboards9.03 Ratings8.05 Ratings
Standard reports9.03 Ratings8.05 Ratings
Custom reports9.03 Ratings9.35 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Exact Globe+
8.9
2 Ratings
15% above category average
IFS Applications
7.5
5 Ratings
2% below category average
Accounts payable10.02 Ratings9.45 Ratings
Accounts receivable9.02 Ratings9.45 Ratings
Global Financial Support9.02 Ratings9.04 Ratings
Primary and Secondary Ledgers9.02 Ratings9.04 Ratings
Journals and Reconciliations9.02 Ratings8.74 Ratings
Configurable Accounting8.02 Ratings8.74 Ratings
Standardized Processes9.02 Ratings9.04 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Globe+
9.8
3 Ratings
21% above category average
IFS Applications
8.9
5 Ratings
12% above category average
Inventory tracking10.03 Ratings9.05 Ratings
Automatic reordering9.03 Ratings9.35 Ratings
Location management10.03 Ratings9.35 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Exact Globe+
9.3
3 Ratings
18% above category average
IFS Applications
6.0
5 Ratings
26% below category average
Pricing10.03 Ratings8.75 Ratings
Order entry9.03 Ratings8.35 Ratings
Credit card processing9.02 Ratings8.14 Ratings
Cost of goods sold10.03 Ratings7.75 Ratings
Order Orchestration9.03 Ratings7.44 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Globe+
8.6
2 Ratings
14% above category average
IFS Applications
3.8
4 Ratings
65% below category average
Billing Management9.02 Ratings7.74 Ratings
Cash and Asset Management9.02 Ratings8.44 Ratings
Travel & Expense Management2.01 Ratings8.44 Ratings
Budgetary Control & Encumbrance Accounting9.02 Ratings7.44 Ratings
Period Close9.02 Ratings9.04 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Exact Globe+
7.8
2 Ratings
3% above category average
IFS Applications
2.7
1 Ratings
95% below category average
Budgeting and Forecasting9.01 Ratings3.01 Ratings
Project Costing9.01 Ratings6.01 Ratings
Cost Capture8.01 Ratings5.01 Ratings
Capital Project Management8.01 Ratings2.01 Ratings
Customer Contract Compliance9.02 Ratings2.01 Ratings
Project Revenue Recognition8.01 Ratings2.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Globe+
7.7
1 Ratings
10% above category average
IFS Applications
3.5
4 Ratings
66% below category average
Project Planning and Scheduling9.01 Ratings9.64 Ratings
Task Insight for Project Managers8.01 Ratings8.64 Ratings
Project Mobile Functionality8.01 Ratings7.64 Ratings
Definable Resource Pools8.01 Ratings8.34 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Exact Globe+
8.8
2 Ratings
18% above category average
IFS Applications
9.5
2 Ratings
26% above category average
Award Lifecycle Management8.02 Ratings9.52 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Globe+
9.3
3 Ratings
28% above category average
IFS Applications
3.5
4 Ratings
67% below category average
Bids Analyzed and Compared10.02 Ratings9.03 Ratings
Contract Authoring9.02 Ratings8.03 Ratings
Contract Repository9.02 Ratings8.03 Ratings
Requisitions-to-Purchase Orders Integrated9.02 Ratings9.34 Ratings
Supplier Management9.03 Ratings9.34 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Exact Globe+
5.6
1 Ratings
16% below category average
IFS Applications
4.9
4 Ratings
30% below category average
Risk Repository6.01 Ratings8.34 Ratings
Control Management6.01 Ratings8.74 Ratings
Control Efficiency Assessments6.01 Ratings8.34 Ratings
Issue Detection5.01 Ratings7.04 Ratings
Remediation and Certification5.01 Ratings7.74 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Exact Globe+
6.5
2 Ratings
5% below category average
IFS Applications
7.4
4 Ratings
8% above category average
Transportation Planning and Optimization6.01 Ratings8.02 Ratings
Transportation Execution Management6.01 Ratings8.62 Ratings
Trade and Customs Management5.01 Ratings7.62 Ratings
Fulfillment Management9.02 Ratings7.13 Ratings
Warehouse Workforce Management9.02 Ratings8.34 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Exact Globe+
9.0
2 Ratings
20% above category average
IFS Applications
6.6
4 Ratings
11% below category average
Production Process Design10.01 Ratings9.03 Ratings
Production Management8.72 Ratings8.74 Ratings
Configuration Management8.72 Ratings8.44 Ratings
Work Execution9.01 Ratings9.04 Ratings
Manufacturing Costs8.62 Ratings9.34 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Exact Globe+
8.8
2 Ratings
21% above category average
IFS Applications
8.9
4 Ratings
22% above category average
Forecasting8.52 Ratings8.44 Ratings
Inventory Planning8.82 Ratings9.34 Ratings
Performance Monitoring9.01 Ratings9.03 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Exact Globe+
6.9
1 Ratings
5% below category average
IFS Applications
4.6
4 Ratings
44% below category average
Proposal Management7.01 Ratings8.03 Ratings
Product Master Data Management7.01 Ratings8.43 Ratings
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User Ratings
Exact Globe+IFS Applications
Likelihood to Recommend
8.0
(3 ratings)
8.3
(5 ratings)
Usability
9.0
(1 ratings)
8.3
(4 ratings)
Support Rating
9.0
(1 ratings)
1.0
(1 ratings)
User Testimonials
Exact Globe+IFS Applications
Likelihood to Recommend
Exact Software
Exact Global is extensively used at EWS as a strategic tool of importance for managing our core Financial processes like Accounts Payable, Accounts Receivable, General Ledger accounts, Financial entries, Transactions etc. It is a critical tool for EWS and integrated with our ERP for a seamless operations of financial processes in the enterprise
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.
Read full review
Pros
Exact Software
  • Exact offers a large range of user defined fields, which is especially useful once you've built a base on the system and need to customize certain aspects. Just last week we added the ability to track customer training by model using custom UDFs.
  • Engineering bills of material are tracked in Exact and the engineering BOM module is pretty intuitive and easy to use. Modification and drill down/up is not difficult once you figure out he basics.
  • Inventory control is fairly simple and offers a lot of information and options to track different kinds of products. We use bulk and each UOMs primarily, but others are used regularly depending on application.
Read full review
IFS
  • It supports the web version in most later versions.
  • It provides various mobile versions of the applications as mobile apps to cater various areas.
  • IFS Applications allows easy configurations of the application without going for costly customization.
  • It covers almost every areas of an industrial company so any other third party applications are minimum.
  • It allows safer and easier built-in options for integrations capabilities.
Read full review
Cons
Exact Software
  • Expand the commercial aliador network.
  • Improve online support
Read full review
IFS
  • Handling massive volumes of data can be improved.
Read full review
Usability
Exact Software
Exact Global is a strategic tool for financial core processes operations at EWS. It is integrated with ERP to seamlessly deliver key processes like O2C, P2P etc. and very well liked by users for its ease of use and flexibility of data moving across different systems. Exact Global is a part of EWS’s enterprise architecture and roadmap aligned to PACE strategy for achieving business objectives
Read full review
IFS
The system is very difficult to use, overly complex, and difficult to learn. It also has limitations that are hard to overcome.
Read full review
Support Rating
Exact Software
Receive Great support from Exact Global team. Timely response and resolution by the vendor and never breach on SLAs - it’s a support team’s dream to support Exact Global.
Read full review
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.
Read full review
Alternatives Considered
Exact Software
I've used other ERP systems in large organizations, one custom and one SAP. SAP is a very powerful suite of software, but comes at a price point that is unobtainable for many smaller companies. Exact is more realistic and accessible for smaller companies that are not necessarily global commodities, but instead smaller manufacturers in niche markets. I haven't had the opportunity to review many other options in this size range.
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IFS
IFS Applications is based on Agile Technology which allows organizations to reconfigure user interface as per user requirements and make it user-friendly. Other applications are lagging on many fronts like User Interface, Online help document availability, Implementation methodology, and post-implementation expenses.
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Return on Investment
Exact Software
  • Monitoring of production cost.
  • Registration and documentation of engineering changes.
Read full review
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

IFS Applications Screenshots

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