IFS Applications vs. NEXGEN Asset Management

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
NEXGEN Asset Management
Score 5.0 out of 10
N/A
NEXGEN Asset Management, from the company of the same name in Sacramento, is an asset management software that combines a computer maintenance management system with advanced asset management planning tools. Boasting 25 years of practical asset management program and software implementation experiences, NEXGEN Asset Management is a web-based software that was developed specifically to support a comprehensive asset management program. NEXGEN Asset Management has been implemented globally across…
$2,000
per year per concurrent user
Pricing
IFS ApplicationsNEXGEN Asset Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsNEXGEN Asset Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup fee$25,000 one-time fee per installation
Additional DetailsWith NEXGEN you have full access to everything our software has to offer. This carries into support, maintenance, and upgrades, which are all included in our annual software fee, giving you direct access to the same staff who implemented your software for years to come—all at no extra charge.
More Pricing Information
Community Pulse
IFS ApplicationsNEXGEN Asset Management
Features
IFS ApplicationsNEXGEN Asset Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.2
3 Ratings
55% below category average
NEXGEN Asset Management
-
Ratings
Pay calculation7.13 Ratings00 Ratings
Benefit plan administration6.63 Ratings00 Ratings
Direct deposit files5.63 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
NEXGEN Asset Management
-
Ratings
API for custom integration8.75 Ratings00 Ratings
Plug-ins8.75 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
NEXGEN Asset Management
-
Ratings
Single sign-on capability10.05 Ratings00 Ratings
Role-based user permissions9.75 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.5
5 Ratings
15% above category average
NEXGEN Asset Management
-
Ratings
Dashboards8.05 Ratings00 Ratings
Standard reports8.05 Ratings00 Ratings
Custom reports9.35 Ratings00 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
NEXGEN Asset Management
-
Ratings
Accounts payable9.35 Ratings00 Ratings
Accounts receivable9.35 Ratings00 Ratings
Global Financial Support9.04 Ratings00 Ratings
Primary and Secondary Ledgers9.04 Ratings00 Ratings
Journals and Reconciliations8.74 Ratings00 Ratings
Configurable Accounting8.74 Ratings00 Ratings
Standardized Processes9.04 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.9
5 Ratings
12% above category average
NEXGEN Asset Management
-
Ratings
Inventory tracking9.05 Ratings00 Ratings
Automatic reordering9.35 Ratings00 Ratings
Location management9.35 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.0
5 Ratings
26% below category average
NEXGEN Asset Management
-
Ratings
Pricing8.75 Ratings00 Ratings
Order entry8.35 Ratings00 Ratings
Credit card processing8.14 Ratings00 Ratings
Cost of goods sold7.75 Ratings00 Ratings
Order Orchestration7.44 Ratings00 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
NEXGEN Asset Management
-
Ratings
Billing Management7.74 Ratings00 Ratings
Cash and Asset Management8.44 Ratings00 Ratings
Travel & Expense Management8.44 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.44 Ratings00 Ratings
Period Close9.04 Ratings00 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
NEXGEN Asset Management
-
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
NEXGEN Asset Management
-
Ratings
Project Planning and Scheduling9.64 Ratings00 Ratings
Task Insight for Project Managers8.64 Ratings00 Ratings
Project Mobile Functionality7.64 Ratings00 Ratings
Definable Resource Pools8.34 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.5
2 Ratings
26% above category average
NEXGEN Asset Management
-
Ratings
Award Lifecycle Management9.52 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
NEXGEN Asset Management
-
Ratings
Bids Analyzed and Compared9.03 Ratings00 Ratings
Contract Authoring8.03 Ratings00 Ratings
Contract Repository8.03 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.34 Ratings00 Ratings
Supplier Management9.34 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.9
4 Ratings
30% below category average
NEXGEN Asset Management
-
Ratings
Risk Repository8.34 Ratings00 Ratings
Control Management8.74 Ratings00 Ratings
Control Efficiency Assessments8.34 Ratings00 Ratings
Issue Detection7.04 Ratings00 Ratings
Remediation and Certification7.74 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.4
4 Ratings
8% above category average
NEXGEN Asset Management
-
Ratings
Transportation Planning and Optimization8.02 Ratings00 Ratings
Transportation Execution Management8.52 Ratings00 Ratings
Trade and Customs Management7.52 Ratings00 Ratings
Fulfillment Management7.13 Ratings00 Ratings
Warehouse Workforce Management8.34 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.6
4 Ratings
11% below category average
NEXGEN Asset Management
-
Ratings
Production Process Design9.03 Ratings00 Ratings
Production Management8.74 Ratings00 Ratings
Configuration Management8.44 Ratings00 Ratings
Work Execution9.04 Ratings00 Ratings
Manufacturing Costs9.34 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.9
4 Ratings
22% above category average
NEXGEN Asset Management
-
Ratings
Forecasting8.44 Ratings00 Ratings
Inventory Planning9.34 Ratings00 Ratings
Performance Monitoring9.03 Ratings00 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
NEXGEN Asset Management
-
Ratings
Proposal Management8.03 Ratings00 Ratings
Product Master Data Management8.43 Ratings00 Ratings
Best Alternatives
IFS ApplicationsNEXGEN Asset Management
Small Businesses
Zoho One
Zoho One
Score 9.4 out of 10

No answers on this topic

Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.9 out of 10
IFS Applications
IFS Applications
Score 7.6 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
IFS Applications
IFS Applications
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IFS ApplicationsNEXGEN Asset Management
Likelihood to Recommend
8.3
(5 ratings)
8.1
(10 ratings)
Usability
8.3
(4 ratings)
9.1
(10 ratings)
Support Rating
1.0
(1 ratings)
-
(0 ratings)
User Testimonials
IFS ApplicationsNEXGEN Asset Management
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.
Read full review
NEXGEN Asset Management
It is very easy to use and everyone knows about it. It integrates quite easily with most everything. Our clients have not complained about it and seems to be well suited to the manufacturing sector where we work, but for small mom and pop shop it's a bit much, we would recommend a more simple product to those clients
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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.
Read full review
NEXGEN Asset Management
  • Preventive maintenance scheduling
  • Vertical asset hierarchies by class and location
  • Allows customization of asset attributes through User Defined Fields
  • Allows multiple editing of work orders, service requests, and inspections to populate commonly used fields quickly.
  • Offers timely and helpful support assistance.
Read full review
Cons
IFS
  • Handling massive volumes of data can be improved.
Read full review
NEXGEN Asset Management
  • Am currently having issues with getting PM's to generate
  • Customer service is great 75% of the time, but there are more difficult issues on the occasion that it takes me a while to hear back on, and I have to check-in
Read full review
Usability
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
NEXGEN Asset Management
The mobile platform has improved a lot in the 5-6 years we've been involved. In my opinion, NEXGEN Asset Management has targeted making mobile devices as user-friendly and useful as possible for field users. NEXGEN University has been a great tool to educate the use of these mobile platforms.
Read full review
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.
Read full review
NEXGEN Asset Management
No answers on this topic
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.
Read full review
NEXGEN Asset Management
Nexgen is much more widely use and required less upfront investment in training. it was also less costly than Upkeep. The marketing was about the same for both, but it seemed like a simple decision as one of our key people had used nexgen previously and had good things to say about it
Read full review
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.
Read full review
NEXGEN Asset Management
  • Decrease travel time by reviewing groups of work orders for scheduling multiple jobs at one location.
  • Improved work order completion rate by giving us an effective work status review tool.
  • Improved communication between all parties by having updated information in one location (on the work order).
Read full review
ScreenShots

IFS Applications Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

NEXGEN Asset Management Screenshots

Screenshot of The NEXGEN CMMS is a versatile software features the advanced technology to conquer the most difficult challenges and day-to-day tasks.Screenshot of Asset Management Intelligence - Used to proactively monitor and maintain aging equipment and deteriorating infrastructures in real-time, allocate CIP resources, ensure regulatory compliance, and mitigate risk with advanced predictive analytics.Screenshot of Esri ArcGIS & Vertical Assets Centric - As Esri development partners, NEXGEN's dynamic spatial capabilities come to life with tools that are built directly into NEXGEN’s proprietary GIS viewer.  NEXGEN was specifically designed with the ability to manage both horizontal and vertical assets in one system.Screenshot of Modern & Intuitive Mobile Solutions - NEXGEN mobile technology provides iOS and Android apps to perform a range of tasks with access the entire asset database in real-time, or offline in those hard-to-reach spaces.