IFS Applications vs. M1

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
M1
Score 7.5 out of 10
N/A
M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.N/A
Pricing
IFS ApplicationsM1
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsM1
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
IFS ApplicationsM1
Features
IFS ApplicationsM1
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.3
3 Ratings
52% below category average
M1
6.6
8 Ratings
11% below category average
Pay calculation7.13 Ratings7.08 Ratings
Benefit plan administration6.63 Ratings5.13 Ratings
Direct deposit files5.63 Ratings7.75 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
M1
7.4
18 Ratings
0% below category average
API for custom integration8.75 Ratings7.415 Ratings
Plug-ins8.75 Ratings7.411 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
M1
8.3
27 Ratings
0% below category average
Single sign-on capability10.05 Ratings8.715 Ratings
Role-based user permissions9.75 Ratings8.027 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.5
5 Ratings
15% above category average
M1
7.4
28 Ratings
1% above category average
Dashboards8.05 Ratings7.626 Ratings
Standard reports8.05 Ratings7.328 Ratings
Custom reports9.35 Ratings7.227 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.5
5 Ratings
2% below category average
M1
7.7
26 Ratings
0% above category average
Accounts payable9.35 Ratings8.025 Ratings
Accounts receivable9.35 Ratings7.726 Ratings
Global Financial Support9.04 Ratings7.79 Ratings
Primary and Secondary Ledgers9.04 Ratings7.816 Ratings
Journals and Reconciliations8.74 Ratings7.221 Ratings
Configurable Accounting8.74 Ratings7.518 Ratings
Standardized Processes9.04 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.9
5 Ratings
12% above category average
M1
8.2
26 Ratings
3% above category average
Inventory tracking9.05 Ratings8.426 Ratings
Automatic reordering9.35 Ratings8.415 Ratings
Location management9.35 Ratings7.721 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.0
5 Ratings
26% below category average
M1
8.0
26 Ratings
3% above category average
Pricing8.75 Ratings7.926 Ratings
Order entry8.35 Ratings8.326 Ratings
Credit card processing8.14 Ratings7.710 Ratings
Cost of goods sold7.75 Ratings8.017 Ratings
Order Orchestration7.44 Ratings8.113 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.8
4 Ratings
65% below category average
M1
7.2
21 Ratings
4% below category average
Billing Management7.74 Ratings8.420 Ratings
Cash and Asset Management8.44 Ratings7.917 Ratings
Travel & Expense Management8.44 Ratings5.09 Ratings
Budgetary Control & Encumbrance Accounting7.44 Ratings6.713 Ratings
Period Close9.04 Ratings7.921 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
1 Ratings
95% below category average
M1
-
Ratings
Budgeting and Forecasting3.01 Ratings00 Ratings
Project Costing6.01 Ratings00 Ratings
Cost Capture5.01 Ratings00 Ratings
Capital Project Management2.01 Ratings00 Ratings
Customer Contract Compliance2.01 Ratings00 Ratings
Project Revenue Recognition2.01 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
3.5
4 Ratings
66% below category average
M1
6.3
16 Ratings
10% below category average
Project Planning and Scheduling9.64 Ratings7.716 Ratings
Task Insight for Project Managers8.64 Ratings8.010 Ratings
Project Mobile Functionality7.64 Ratings4.67 Ratings
Definable Resource Pools8.34 Ratings4.99 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.5
2 Ratings
26% above category average
M1
2.7
2 Ratings
92% below category average
Award Lifecycle Management9.52 Ratings2.72 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
M1
7.2
18 Ratings
3% above category average
Bids Analyzed and Compared9.03 Ratings6.57 Ratings
Contract Authoring8.03 Ratings7.84 Ratings
Contract Repository8.03 Ratings6.76 Ratings
Requisitions-to-Purchase Orders Integrated9.34 Ratings7.810 Ratings
Supplier Management9.34 Ratings7.418 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.9
4 Ratings
30% below category average
M1
5.7
4 Ratings
15% below category average
Risk Repository8.34 Ratings6.72 Ratings
Control Management8.74 Ratings6.54 Ratings
Control Efficiency Assessments8.34 Ratings5.24 Ratings
Issue Detection7.04 Ratings4.73 Ratings
Remediation and Certification7.74 Ratings5.23 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.4
4 Ratings
8% above category average
M1
4.2
10 Ratings
48% below category average
Transportation Planning and Optimization8.02 Ratings2.44 Ratings
Transportation Execution Management8.62 Ratings2.74 Ratings
Trade and Customs Management7.52 Ratings5.13 Ratings
Fulfillment Management7.13 Ratings5.28 Ratings
Warehouse Workforce Management8.34 Ratings5.78 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.6
4 Ratings
11% below category average
M1
7.1
27 Ratings
4% below category average
Production Process Design9.03 Ratings6.019 Ratings
Production Management8.74 Ratings7.322 Ratings
Configuration Management8.44 Ratings7.119 Ratings
Work Execution9.04 Ratings7.720 Ratings
Manufacturing Costs9.34 Ratings7.626 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.9
4 Ratings
22% above category average
M1
7.6
20 Ratings
6% above category average
Forecasting8.44 Ratings7.114 Ratings
Inventory Planning9.34 Ratings7.620 Ratings
Performance Monitoring9.03 Ratings8.115 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Applications
4.6
4 Ratings
44% below category average
M1
6.2
9 Ratings
15% below category average
Proposal Management8.03 Ratings5.16 Ratings
Product Master Data Management8.43 Ratings7.39 Ratings
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IFS ApplicationsM1
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User Ratings
IFS ApplicationsM1
Likelihood to Recommend
8.3
(5 ratings)
7.7
(30 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
8.3
(4 ratings)
6.3
(30 ratings)
Support Rating
1.0
(1 ratings)
10.0
(1 ratings)
User Testimonials
IFS ApplicationsM1
Likelihood to Recommend
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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ECI Software Solutions
The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
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Pros
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.
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ECI Software Solutions
  • Allows for component parts to be scheduled independently through the plant
  • Once parts are built, it is easy to duplicate/reuse parts across they quoting and ordering modules and customers
  • If used properly and consistently, M1 will provide accurate job cost analysis to determine estimating, training, efficiency and other issues.
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Cons
IFS
  • Handling massive volumes of data can be improved.
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ECI Software Solutions
  • Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
  • We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
  • Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
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Usability
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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ECI Software Solutions
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
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Support Rating
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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ECI Software Solutions
Support has been great and timely
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Alternatives Considered
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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ECI Software Solutions
M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
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Return on Investment
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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ECI Software Solutions
  • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
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ScreenShots

IFS Applications Screenshots

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M1 Screenshots

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