Ideagen'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.
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IFS Applications
Score7.6 out of 10
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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…
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Pricing
Ideagen Risk Management
IFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Ideagen Risk Management
IFS Applications
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
Optional
No setup fee
Additional Details
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More Pricing Information
Features
Ideagen Risk Management
IFS 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 items
6.41 Ratings
00 Ratings
Risk management
8.21 Ratings
00 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 calculation
00 Ratings
8.03 Ratings
Benefit plan administration
00 Ratings
7.43 Ratings
Direct deposit files
00 Ratings
6.43 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 integration
00 Ratings
8.75 Ratings
Plug-ins
00 Ratings
8.75 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 capability
00 Ratings
10.05 Ratings
Role-based user permissions
00 Ratings
9.85 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
Dashboards
00 Ratings
8.55 Ratings
Standard reports
00 Ratings
8.35 Ratings
Custom reports
00 Ratings
9.55 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 payable
00 Ratings
9.55 Ratings
Accounts receivable
00 Ratings
9.55 Ratings
Global Financial Support
00 Ratings
9.04 Ratings
Primary and Secondary Ledgers
00 Ratings
9.34 Ratings
Journals and Reconciliations
00 Ratings
9.04 Ratings
Configurable Accounting
00 Ratings
8.84 Ratings
Standardized Processes
00 Ratings
9.04 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 tracking
00 Ratings
9.35 Ratings
Automatic reordering
00 Ratings
9.55 Ratings
Location management
00 Ratings
9.55 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
Pricing
00 Ratings
9.05 Ratings
Order entry
00 Ratings
8.25 Ratings
Credit card processing
00 Ratings
8.74 Ratings
Cost of goods sold
00 Ratings
8.35 Ratings
Order Orchestration
00 Ratings
7.84 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 Management
00 Ratings
8.34 Ratings
Cash and Asset Management
00 Ratings
8.84 Ratings
Travel & Expense Management
00 Ratings
8.84 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
7.84 Ratings
Period Close
00 Ratings
9.34 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 Forecasting
00 Ratings
3.01 Ratings
Project Costing
00 Ratings
6.01 Ratings
Cost Capture
00 Ratings
5.01 Ratings
Capital Project Management
00 Ratings
2.01 Ratings
Customer Contract Compliance
00 Ratings
2.01 Ratings
Project Revenue Recognition
00 Ratings
2.01 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 Scheduling
00 Ratings
9.54 Ratings
Task Insight for Project Managers
00 Ratings
8.54 Ratings
Project Mobile Functionality
00 Ratings
7.54 Ratings
Definable Resource Pools
00 Ratings
8.54 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 Management
00 Ratings
9.32 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 Compared
00 Ratings
9.33 Ratings
Contract Authoring
00 Ratings
8.33 Ratings
Contract Repository
00 Ratings
8.33 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
9.24 Ratings
Supplier Management
00 Ratings
9.24 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 Repository
00 Ratings
8.54 Ratings
Control Management
00 Ratings
8.74 Ratings
Control Efficiency Assessments
00 Ratings
8.54 Ratings
Issue Detection
00 Ratings
7.54 Ratings
Remediation and Certification
00 Ratings
8.04 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 Optimization
00 Ratings
8.32 Ratings
Transportation Execution Management
00 Ratings
9.02 Ratings
Trade and Customs Management
00 Ratings
8.02 Ratings
Fulfillment Management
00 Ratings
7.73 Ratings
Warehouse Workforce Management
00 Ratings
8.54 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 Design
00 Ratings
9.33 Ratings
Production Management
00 Ratings
9.04 Ratings
Configuration Management
00 Ratings
8.84 Ratings
Work Execution
00 Ratings
9.34 Ratings
Manufacturing Costs
00 Ratings
9.54 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
Forecasting
00 Ratings
8.84 Ratings
Inventory Planning
00 Ratings
9.54 Ratings
Performance Monitoring
00 Ratings
9.03 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Ideagen Risk Management and IFS Applications
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.
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
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.
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.
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.
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.
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info