Exact Online vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Exact Online
Score 7.5 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.
$158
per month
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 OnlineIFS Applications
Editions & Modules
Exact for Time & Billing
$158
per month
Exact for Wholesale Distribution
237-554
per month
Exact for Project Management
316-369
per month
Exact for Manufacturing
422-739
per month
No answers on this topic
Offerings
Pricing Offerings
Exact OnlineIFS Applications
Free Trial
YesNo
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
Features
Exact OnlineIFS Applications
Customization
Comparison of Customization features of Product A and Product B
Exact Online
7.5
1 Ratings
1% above category average
IFS Applications
8.7
5 Ratings
16% above category average
API for custom integration8.01 Ratings8.75 Ratings
Plug-ins7.01 Ratings8.75 Ratings
Security
Comparison of Security features of Product A and Product B
Exact Online
8.0
1 Ratings
4% below category average
IFS Applications
9.8
5 Ratings
16% above category average
Single sign-on capability8.01 Ratings10.05 Ratings
Role-based user permissions8.01 Ratings9.75 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
8.5
5 Ratings
15% above category average
Dashboards4.01 Ratings8.05 Ratings
Standard reports6.01 Ratings8.05 Ratings
Custom reports4.01 Ratings9.35 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
7.5
5 Ratings
2% below category average
Accounts payable7.01 Ratings9.35 Ratings
Accounts receivable7.01 Ratings9.35 Ratings
Global Financial Support5.01 Ratings9.04 Ratings
Primary and Secondary Ledgers5.01 Ratings9.04 Ratings
Journals and Reconciliations6.01 Ratings8.74 Ratings
Configurable Accounting7.01 Ratings8.74 Ratings
Standardized Processes8.01 Ratings9.04 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Exact Online
7.0
1 Ratings
12% below category average
IFS Applications
8.9
5 Ratings
12% above category average
Inventory tracking7.01 Ratings9.05 Ratings
Automatic reordering00 Ratings9.35 Ratings
Location management00 Ratings9.35 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
6.0
5 Ratings
26% below category average
Pricing7.01 Ratings8.75 Ratings
Order entry7.01 Ratings8.35 Ratings
Cost of goods sold6.01 Ratings7.75 Ratings
Credit card processing00 Ratings8.14 Ratings
Order Orchestration00 Ratings7.44 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Exact Online
6.7
1 Ratings
11% below category average
IFS Applications
3.8
4 Ratings
65% below category average
Billing Management7.01 Ratings7.74 Ratings
Cash and Asset Management7.01 Ratings8.44 Ratings
Period Close7.01 Ratings9.04 Ratings
Travel & Expense Management00 Ratings8.44 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings7.44 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
4.3
3 Ratings
52% below category average
Pay calculation00 Ratings7.13 Ratings
Benefit plan administration00 Ratings6.63 Ratings
Direct deposit files00 Ratings5.63 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
3.5
4 Ratings
66% below category average
Project Planning and Scheduling00 Ratings9.64 Ratings
Task Insight for Project Managers00 Ratings8.64 Ratings
Project Mobile Functionality00 Ratings7.64 Ratings
Definable Resource Pools00 Ratings8.34 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
9.5
2 Ratings
26% above category average
Award Lifecycle Management00 Ratings9.52 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
3.5
4 Ratings
67% below category average
Bids Analyzed and Compared00 Ratings9.03 Ratings
Contract Authoring00 Ratings8.03 Ratings
Contract Repository00 Ratings8.03 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.34 Ratings
Supplier Management00 Ratings9.34 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
4.9
4 Ratings
30% below category average
Risk Repository00 Ratings8.34 Ratings
Control Management00 Ratings8.74 Ratings
Control Efficiency Assessments00 Ratings8.34 Ratings
Issue Detection00 Ratings7.04 Ratings
Remediation and Certification00 Ratings7.74 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
7.4
4 Ratings
8% above category average
Transportation Planning and Optimization00 Ratings8.02 Ratings
Transportation Execution Management00 Ratings8.62 Ratings
Trade and Customs Management00 Ratings7.62 Ratings
Fulfillment Management00 Ratings7.13 Ratings
Warehouse Workforce Management00 Ratings8.34 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
6.6
4 Ratings
11% below category average
Production Process Design00 Ratings9.03 Ratings
Production Management00 Ratings8.74 Ratings
Configuration Management00 Ratings8.44 Ratings
Work Execution00 Ratings9.04 Ratings
Manufacturing Costs00 Ratings9.34 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
8.9
4 Ratings
22% above category average
Forecasting00 Ratings8.44 Ratings
Inventory Planning00 Ratings9.34 Ratings
Performance Monitoring00 Ratings9.03 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Exact Online
-
Ratings
IFS Applications
4.6
4 Ratings
44% below category average
Proposal Management00 Ratings8.03 Ratings
Product Master Data Management00 Ratings8.43 Ratings
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Exact OnlineIFS Applications
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User Ratings
Exact OnlineIFS Applications
Likelihood to Recommend
4.0
(1 ratings)
8.3
(5 ratings)
Usability
-
(0 ratings)
8.3
(4 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...
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
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.
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
  • 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.
Read full review
IFS
  • Handling massive volumes of data can be improved.
Read full review
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.
Read full review
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.
Read full review
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
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
  • 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.
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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