IFS Applications vs. NexusPayables

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Applications
ScoreĀ 7.8Ā outĀ ofĀ 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
NexusPayables
ScoreĀ 8.3Ā outĀ ofĀ 10
N/A
NexusPayables is accounts payable automation software from Nexus Systems. It includes on-site purchasing, POs, approval workflows, invoice data capture, budgets and actuals, vendor compliance, reporting, and it integrates with the user's GL accounting system.N/A
Pricing
IFS ApplicationsNexusPayables
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsNexusPayables
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details——
More Pricing Information
Community Pulse
IFS ApplicationsNexusPayables
Features
IFS ApplicationsNexusPayables
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.2
3 Ratings
55% below category average
NexusPayables
-
Ratings
Pay calculation7.03 Ratings00 Ratings
Benefit plan administration6.53 Ratings00 Ratings
Direct deposit files5.53 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
14% above category average
NexusPayables
-
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
15% above category average
NexusPayables
-
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
8.4
5 Ratings
13% above category average
NexusPayables
-
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
NexusPayables
-
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
11% above category average
NexusPayables
-
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
28% below category average
NexusPayables
-
Ratings
Pricing8.75 Ratings00 Ratings
Order entry8.35 Ratings00 Ratings
Credit card processing8.04 Ratings00 Ratings
Cost of goods sold7.75 Ratings00 Ratings
Order Orchestration7.34 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.7
4 Ratings
68% below category average
NexusPayables
-
Ratings
Billing Management7.74 Ratings00 Ratings
Cash and Asset Management8.34 Ratings00 Ratings
Travel & Expense Management8.34 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.34 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
NexusPayables
-
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
NexusPayables
-
Ratings
Project Planning and Scheduling9.64 Ratings00 Ratings
Task Insight for Project Managers8.64 Ratings00 Ratings
Project Mobile Functionality7.74 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
NexusPayables
-
Ratings
Award Lifecycle Management9.52 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.4
4 Ratings
69% below category average
NexusPayables
-
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
NexusPayables
-
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
NexusPayables
-
Ratings
Transportation Planning and Optimization8.02 Ratings00 Ratings
Transportation Execution Management8.52 Ratings00 Ratings
Trade and Customs Management7.52 Ratings00 Ratings
Fulfillment Management7.03 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
12% below category average
NexusPayables
-
Ratings
Production Process Design9.03 Ratings00 Ratings
Production Management8.74 Ratings00 Ratings
Configuration Management8.34 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
20% above category average
NexusPayables
-
Ratings
Forecasting8.34 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
45% below category average
NexusPayables
-
Ratings
Proposal Management8.03 Ratings00 Ratings
Product Master Data Management8.33 Ratings00 Ratings
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IFS ApplicationsNexusPayables
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User Ratings
IFS ApplicationsNexusPayables
Likelihood to Recommend
8.3
(5 ratings)
5.0
(1 ratings)
Usability
8.3
(4 ratings)
-
(0 ratings)
Support Rating
1.0
(1 ratings)
6.0
(1 ratings)
User Testimonials
IFS ApplicationsNexusPayables
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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Nexus Systems
NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.
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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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Nexus Systems
  • Invoice Tracking
  • Invoice review
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Cons
IFS
  • Handling massive volumes of data can be improved.
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Nexus Systems
  • Not very user-friendly
  • Not intuitive
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.
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Nexus Systems
No answers on this topic
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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Nexus Systems
NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.
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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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Nexus Systems
Our company uses both at the moment, and I find that Concur Invoice is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use Concur Invoice for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.
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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.
Read full review
Nexus Systems
  • Tracking of income
  • Tracking of profit
Read full review
ScreenShots

IFS Applications Screenshots

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