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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Ideagen Risk Management

    Score7.3 out of 10
    N/AIdeagen's Enterprise Risk Management (ERM) software solution (formerly known as Pentana Risk) fully integrates risk management processes, from identifying and assessing risk business-wide, to assigning and monitoring mitigation plans, all the way through to reporting and defining a long-term strategy for enhanced performance.N/A

    IFS Applications

    Score7.6 out of 10
    N/AIFS 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
    Ideagen Risk ManagementIFS Applications
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Ideagen Risk ManagementIFS Applications
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeOptionalNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Ideagen Risk ManagementIFS Applications
    Governance, Risk & Compliance
    Comparison of Governance, Risk & Compliance features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    7.3
    1 Ratings
    2% below category average
    IFS Applications
    -
    Ratings
    Common repository of GRC items6.41 Ratings00 Ratings
    Risk management8.21 Ratings00 Ratings
    Payroll Management
    Comparison of Payroll Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    4.8
    3 Ratings
    44% below category average
    Pay calculation00 Ratings8.03 Ratings
    Benefit plan administration00 Ratings7.43 Ratings
    Direct deposit files00 Ratings6.43 Ratings
    Customization
    Comparison of Customization features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    8.7
    5 Ratings
    15% above category average
    API for custom integration00 Ratings8.75 Ratings
    Plug-ins00 Ratings8.75 Ratings
    Security
    Comparison of Security features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    9.9
    5 Ratings
    16% above category average
    Single sign-on capability00 Ratings10.05 Ratings
    Role-based user permissions00 Ratings9.85 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    8.8
    5 Ratings
    16% above category average
    Dashboards00 Ratings8.55 Ratings
    Standard reports00 Ratings8.35 Ratings
    Custom reports00 Ratings9.55 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    7.5
    5 Ratings
    3% below category average
    Accounts payable00 Ratings9.55 Ratings
    Accounts receivable00 Ratings9.55 Ratings
    Global Financial Support00 Ratings9.04 Ratings
    Primary and Secondary Ledgers00 Ratings9.34 Ratings
    Journals and Reconciliations00 Ratings9.04 Ratings
    Configurable Accounting00 Ratings8.84 Ratings
    Standardized Processes00 Ratings9.04 Ratings
    Inventory Management
    Comparison of Inventory Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    9.1
    5 Ratings
    13% above category average
    Inventory tracking00 Ratings9.35 Ratings
    Automatic reordering00 Ratings9.55 Ratings
    Location management00 Ratings9.55 Ratings
    Order Management
    Comparison of Order Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    6.3
    5 Ratings
    23% below category average
    Pricing00 Ratings9.05 Ratings
    Order entry00 Ratings8.25 Ratings
    Credit card processing00 Ratings8.74 Ratings
    Cost of goods sold00 Ratings8.35 Ratings
    Order Orchestration00 Ratings7.84 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    3.9
    4 Ratings
    64% below category average
    Billing Management00 Ratings8.34 Ratings
    Cash and Asset Management00 Ratings8.84 Ratings
    Travel & Expense Management00 Ratings8.84 Ratings
    Budgetary Control & Encumbrance Accounting00 Ratings7.84 Ratings
    Period Close00 Ratings9.34 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    2.7
    1 Ratings
    95% below category average
    Budgeting and Forecasting00 Ratings3.01 Ratings
    Project Costing00 Ratings6.01 Ratings
    Cost Capture00 Ratings5.01 Ratings
    Capital Project Management00 Ratings2.01 Ratings
    Customer Contract Compliance00 Ratings2.01 Ratings
    Project Revenue Recognition00 Ratings2.01 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    3.5
    4 Ratings
    68% below category average
    Project Planning and Scheduling00 Ratings9.54 Ratings
    Task Insight for Project Managers00 Ratings8.54 Ratings
    Project Mobile Functionality00 Ratings7.54 Ratings
    Definable Resource Pools00 Ratings8.54 Ratings
    Grants Management
    Comparison of Grants Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    9.3
    2 Ratings
    22% above category average
    Award Lifecycle Management00 Ratings9.32 Ratings
    Procurement
    Comparison of Procurement features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    3.5
    4 Ratings
    68% below category average
    Bids Analyzed and Compared00 Ratings9.33 Ratings
    Contract Authoring00 Ratings8.33 Ratings
    Contract Repository00 Ratings8.33 Ratings
    Requisitions-to-Purchase Orders Integrated00 Ratings9.24 Ratings
    Supplier Management00 Ratings9.24 Ratings
    Risk Management
    Comparison of Risk Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    5.0
    4 Ratings
    30% below category average
    Risk Repository00 Ratings8.54 Ratings
    Control Management00 Ratings8.74 Ratings
    Control Efficiency Assessments00 Ratings8.54 Ratings
    Issue Detection00 Ratings7.54 Ratings
    Remediation and Certification00 Ratings8.04 Ratings
    Logistics
    Comparison of Logistics features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    7.8
    4 Ratings
    11% above category average
    Transportation Planning and Optimization00 Ratings8.32 Ratings
    Transportation Execution Management00 Ratings9.02 Ratings
    Trade and Customs Management00 Ratings8.02 Ratings
    Fulfillment Management00 Ratings7.73 Ratings
    Warehouse Workforce Management00 Ratings8.54 Ratings
    Manufacturing
    Comparison of Manufacturing features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    6.8
    4 Ratings
    10% below category average
    Production Process Design00 Ratings9.33 Ratings
    Production Management00 Ratings9.04 Ratings
    Configuration Management00 Ratings8.84 Ratings
    Work Execution00 Ratings9.34 Ratings
    Manufacturing Costs00 Ratings9.54 Ratings
    Supply Chain
    Comparison of Supply Chain features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    9.1
    4 Ratings
    21% above category average
    Forecasting00 Ratings8.84 Ratings
    Inventory Planning00 Ratings9.54 Ratings
    Performance Monitoring00 Ratings9.03 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of Ideagen Risk Management and IFS Applications
    Feature
    Ideagen Risk Management
    -
    Ratings
    IFS Applications
    4.8
    4 Ratings
    42% below category average
    Proposal Management00 Ratings8.33 Ratings
    Product Master Data Management00 Ratings8.83 Ratings
    Best Alternatives
    Ideagen Risk ManagementIFS Applications
    Small Businesses
    No answers on this topic
    Zoho One
    Score9.1 out of 10
    Medium-sized Companies
    No answers on this topic
    Zoho One
    Score9.1 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Ideagen Risk ManagementIFS Applications
    Likelihood to Recommend
    7.3
    (1 ratings)
    8.5
    (5 ratings)
    Usability
    6.4
    (1 ratings)
    8.5
    (4 ratings)
    Support Rating
    9.1
    (1 ratings)
    1.0
    (1 ratings)
    User Testimonials
    Ideagen Risk ManagementIFS Applications
    Likelihood to Recommend
    Ideagen
    Pentana is great for monitoring PIs and risks. We find it less helpful for monitoring projects (with the Actions module); it isn't quite flexible enough for our needs, though the support team have been very helpful in adding custom fields for us.
    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.
    Incentivized
    Read full review
    Pros
    Ideagen
    • Pentana is excellent for monitoring, recording and reporting on PIs. Very easy to use the PI module.
    • Pentana is excellent for monitoring risks at various levels (service, strategic etc.). Risks are displayed very clearly in a tree structure and the module is relatively easy to use.
    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.
    Incentivized
    Read full review
    Cons
    Ideagen
    • Pentana could improve the free Documents module that comes with Pentana Risk. At the moment documents have to be linked to an action in order to display query results (such as how many documents are due for review) - this can be confusing for users who don't understand why there is an action linked. There is also no easy way for users to see the documents that are assigned to them.
    • We would like to use the Actions module fully in order to monitor our corporate projects, but it a bit confusing for users and not very flexible when a project doesn't mirror Pentana's way of monitoring actions.
    Read full review
    IFS
    • Handling massive volumes of data can be improved.
    Incentivized
    Read full review
    Usability
    Ideagen
    Some modules are more user-friendly than others. It's sometimes not obvious where to click to update the fields (or even that field titles can be clicked on). We have written 'Howdys' to help users. There can also seem to be a lot of steps/clicks to updating risks and actions. The Reports module on Pentana classic is certainly not user-friendly, particularly the Report Layout and Charts modules - we were told these would be integrated into the web version but this hasn't happened yet.
    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
    Ideagen
    The support team are excellent and always answer queries promptly. They are very helpful.
    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
    Ideagen
    We selected Pentana because our neighbouring authorities are users and had spoken highly of the product and given us demonstrations; some of our staff were also familiar with Pentana when it was called Covalent. It seemed to be the best product on the market for monitoring risks, PIs and projects.
    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.
    Read full review
    Return on Investment
    Ideagen
    • Pentana Risk has allowed my team to focus on other areas of work whereas before we would be manually chasing for updates on PIs and risk. Pentana Risk does the chasing for us!
    • We are able to produce reports for audit purposes very easily, rather than sending spreadsheets which is what we used to do.
    • New managers can easily inherit risks, projects and PIs and see all of this on a custom portal, saving them time when they start.
    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.
    Incentivized
    Read full review
    ScreenShots

    Ideagen Risk Management Screenshots

    Screenshot of a dashboard showing the risk profile and scores for each individual risk, with a range of visual toolsProduct screenshotScreenshot of a step-by-step form filling exercise that guides the user through each field

    IFS Applications Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot