Exact Online vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Online
Score 7.9 out of 10
N/A
Exact Online is a configurable, cloud-based multi-purpose Enterprise Resource Planning (ERP) Suite from global company Exact Software, headquartered in the Netherlands.N/A
IFS Applications
Score 6.9 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 OnlineIFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Exact OnlineIFS 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 OnlineIFS Applications
Top Pros
Top Cons
Features
Exact OnlineIFS Applications
Customization
Comparison of Customization features of Product A and Product B
Exact Online
7.5
1 Ratings
3% above category average
IFS Applications
1.0
2 Ratings
152% below category average
API for custom integration8.01 Ratings1.02 Ratings
Plug-ins7.01 Ratings1.02 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Online
8.0
1 Ratings
3% below category average
IFS Applications
5.5
2 Ratings
40% below category average
Single sign-on capability8.01 Ratings5.02 Ratings
Role-based user permissions8.01 Ratings6.02 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Exact Online
4.7
1 Ratings
43% below category average
IFS Applications
1.3
2 Ratings
139% below category average
Dashboards4.01 Ratings2.02 Ratings
Standard reports6.01 Ratings1.02 Ratings
Custom reports4.01 Ratings1.02 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Exact Online
6.9
1 Ratings
10% below category average
IFS Applications
6.4
2 Ratings
18% below category average
Accounts payable7.01 Ratings8.02 Ratings
Accounts receivable7.01 Ratings8.02 Ratings
Global Financial Support5.01 Ratings6.01 Ratings
Primary and Secondary Ledgers5.01 Ratings6.01 Ratings
Journals and Reconciliations6.01 Ratings6.01 Ratings
Configurable Accounting7.01 Ratings3.01 Ratings
Standardized Processes8.01 Ratings3.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Online
7.0
1 Ratings
13% below category average
IFS Applications
4.3
2 Ratings
60% below category average
Inventory tracking7.01 Ratings1.02 Ratings
Automatic reordering00 Ratings7.02 Ratings
Location management00 Ratings1.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Exact Online
6.7
1 Ratings
15% below category average
IFS Applications
1.0
2 Ratings
154% below category average
Pricing7.01 Ratings1.02 Ratings
Order entry7.01 Ratings1.02 Ratings
Cost of goods sold6.01 Ratings1.02 Ratings
Credit card processing00 Ratings1.02 Ratings
Order Orchestration00 Ratings1.01 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Online
6.7
1 Ratings
10% below category average
IFS Applications
1.0
1 Ratings
153% below category average
Billing Management7.01 Ratings1.01 Ratings
Cash and Asset Management7.01 Ratings1.01 Ratings
Period Close7.01 Ratings1.01 Ratings
Revenue Recognition00 Ratings1.01 Ratings
Travel & Expense Management00 Ratings1.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings1.01 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Exact Online
6.7
1 Ratings
12% below category average
IFS Applications
2.7
1 Ratings
95% below category average
Budgeting and Forecasting8.01 Ratings3.01 Ratings
Project Costing8.01 Ratings6.01 Ratings
Cost Capture7.01 Ratings5.01 Ratings
Capital Project Management7.01 Ratings2.01 Ratings
Customer Contract Compliance6.01 Ratings2.01 Ratings
Project Revenue Recognition7.01 Ratings2.01 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
1.0
1 Ratings
152% below category average
Pay calculation00 Ratings1.01 Ratings
Benefit plan administration00 Ratings1.01 Ratings
Direct deposit files00 Ratings1.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
1.0
1 Ratings
148% below category average
Project Planning and Scheduling00 Ratings1.01 Ratings
Task Insight for Project Managers00 Ratings1.01 Ratings
Project Mobile Functionality00 Ratings1.01 Ratings
Project Candidate Search00 Ratings1.01 Ratings
Definable Resource Pools00 Ratings1.01 Ratings
Talent Profiles00 Ratings1.01 Ratings
Absence Management00 Ratings1.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
1.2
1 Ratings
141% below category average
Bids Analyzed and Compared00 Ratings2.01 Ratings
Catalog Shopping E-Commerce for Employees00 Ratings1.01 Ratings
Contract Authoring00 Ratings1.01 Ratings
Contract Renewal Automation00 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
Exact Online
-
Ratings
IFS Applications
1.0
1 Ratings
145% 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
Exact Online
-
Ratings
IFS Applications
5.0
1 Ratings
32% 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
Exact Online
-
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
Exact Online
-
Ratings
IFS Applications
5.0
1 Ratings
39% below category average
Forecasting00 Ratings5.01 Ratings
Inventory Planning00 Ratings5.01 Ratings
Best Alternatives
Exact OnlineIFS Applications
Small Businesses
Sage Intacct
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Score 8.8 out of 10
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Score 8.8 out of 10
Medium-sized Companies
Infor VISUAL
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Score 8.6 out of 10
Infor VISUAL
Infor VISUAL
Score 8.6 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.8 out of 10
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Score 7.8 out of 10
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User Ratings
Exact OnlineIFS Applications
Likelihood to Recommend
4.0
(1 ratings)
2.0
(2 ratings)
Usability
-
(0 ratings)
1.0
(1 ratings)
Support Rating
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
Exact OnlineIFS Applications
Likelihood to Recommend
Exact Software
If you are a big company and have an active accountant then this system can be for you, it has many options but you need dedication. But the price starts from €39 and then you are not there...Most of the time you need other options to make it complete. Like ERP functions + €199~ want to book hours? +€129. And this is all per month... It goes up so fast that it's not interesting for small companies. When there are better options on the market that are even free...
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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
Exact Software
  • Complete pack with many options, use it as CRM, ERP or simply for your bookings.
  • Many connections with external programs, webshops, etc.
  • Automatic backups.
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IFS
  • Accounting
  • Finance
  • Complex Inventory
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Cons
Exact Software
  • Support... It's bad, and when you want to stop or step back it's near impossible.
  • Price, they tend to increase it without warning, and with all the extras it goes up fast.
  • If you wanna spend all your time in accounting buy Exact... It can be complex and many handlings needs to be done.
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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.
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Usability
Exact Software
No answers on this topic
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
Exact Software
No answers on this topic
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
Exact Software
I would not select Exact Online, but I can direct you to better options. Due to the high price, getting behind the competition and support I would suggest options like Zoho Books for you bookings, or CyberStockroom as ERP. And here in the Netherlands e-boekhouden.nl is a real nice, cheap, and fast working booking platform for the smaller companies.
Read full review
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 Gartner’s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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Return on Investment
Exact Software
  • Negative: High costs and implement time turned 1 client in to the negative, and after 2 years of use wants to stop.
  • Positive: Once an ERP connection is running you can automate a lot in the process.
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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.
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ScreenShots

IFS Applications Screenshots

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