IFS Applications vs. AccountEdge

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
AccountEdge
Score 6.0 out of 10
Small Businesses (1-50 employees)
AccountEdge is a small business accounting software for Mac and Windows users. AccountEdge allows business owners to organize, process, and report on their financial information. Its features include accounting, integrated payroll, sales and purchases, contact management, inventory, and time billing. It was acquired by Priority Software in January 2018 to expand that company's small business portfolio.
$20
per month
Pricing
IFS ApplicationsAccountEdge
Editions & Modules
No answers on this topic
AccountEdge Pro
$20
per month
AccountEdge Network Edition
$30
per month
AccountEdge Hosted
$50
per month
Offerings
Pricing Offerings
IFS ApplicationsAccountEdge
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IFS ApplicationsAccountEdge
Features
IFS ApplicationsAccountEdge
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.4
3 Ratings
50% below category average
AccountEdge
6.6
6 Ratings
14% below category average
Pay calculation7.43 Ratings10.06 Ratings
Benefit plan administration6.83 Ratings8.04 Ratings
Direct deposit files5.83 Ratings5.04 Ratings
Salary revision and increment management00 Ratings6.05 Ratings
Reimbursement management00 Ratings4.03 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
AccountEdge
5.0
3 Ratings
41% below category average
API for custom integration8.75 Ratings00 Ratings
Plug-ins8.75 Ratings5.03 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
AccountEdge
9.0
7 Ratings
9% above category average
Single sign-on capability10.05 Ratings00 Ratings
Role-based user permissions9.75 Ratings9.07 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.6
5 Ratings
16% above category average
AccountEdge
9.0
7 Ratings
14% above category average
Dashboards8.25 Ratings9.04 Ratings
Standard reports8.15 Ratings9.07 Ratings
Custom reports9.45 Ratings9.06 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
AccountEdge
7.2
8 Ratings
6% below category average
Accounts payable9.45 Ratings9.08 Ratings
Accounts receivable9.45 Ratings9.08 Ratings
Global Financial Support9.04 Ratings00 Ratings
Primary and Secondary Ledgers9.14 Ratings00 Ratings
Journals and Reconciliations8.84 Ratings00 Ratings
Configurable Accounting8.74 Ratings00 Ratings
Standardized Processes9.04 Ratings00 Ratings
Cash management00 Ratings8.12 Ratings
Bank reconciliation00 Ratings6.08 Ratings
Expense management00 Ratings6.06 Ratings
Time tracking00 Ratings6.04 Ratings
Multi-currency support00 Ratings9.03 Ratings
Multi-division support00 Ratings9.02 Ratings
Regulations compliance00 Ratings7.02 Ratings
Electronic tax filing00 Ratings7.04 Ratings
Self-service portal00 Ratings2.71 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
9.0
5 Ratings
13% above category average
AccountEdge
8.0
6 Ratings
9% above category average
Inventory tracking9.15 Ratings8.06 Ratings
Automatic reordering9.45 Ratings8.01 Ratings
Location management9.45 Ratings8.03 Ratings
Manufacturing module00 Ratings8.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.1
5 Ratings
25% below category average
AccountEdge
8.0
7 Ratings
7% above category average
Pricing8.85 Ratings8.05 Ratings
Order entry8.35 Ratings9.05 Ratings
Credit card processing8.34 Ratings6.05 Ratings
Cost of goods sold7.95 Ratings9.06 Ratings
Order Orchestration7.54 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
AccountEdge
-
Ratings
Billing Management7.94 Ratings00 Ratings
Cash and Asset Management8.54 Ratings00 Ratings
Travel & Expense Management8.54 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.54 Ratings00 Ratings
Period Close9.14 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
AccountEdge
-
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
67% below category average
AccountEdge
-
Ratings
Project Planning and Scheduling9.64 Ratings00 Ratings
Task Insight for Project Managers8.64 Ratings00 Ratings
Project Mobile Functionality7.64 Ratings00 Ratings
Definable Resource Pools8.44 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.4
2 Ratings
24% above category average
AccountEdge
-
Ratings
Award Lifecycle Management9.42 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
AccountEdge
-
Ratings
Bids Analyzed and Compared9.13 Ratings00 Ratings
Contract Authoring8.13 Ratings00 Ratings
Contract Repository8.13 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
AccountEdge
-
Ratings
Risk Repository8.44 Ratings00 Ratings
Control Management8.74 Ratings00 Ratings
Control Efficiency Assessments8.44 Ratings00 Ratings
Issue Detection7.24 Ratings00 Ratings
Remediation and Certification7.84 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.5
4 Ratings
9% above category average
AccountEdge
-
Ratings
Transportation Planning and Optimization8.12 Ratings00 Ratings
Transportation Execution Management8.72 Ratings00 Ratings
Trade and Customs Management7.72 Ratings00 Ratings
Fulfillment Management7.33 Ratings00 Ratings
Warehouse Workforce Management8.44 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.7
4 Ratings
10% below category average
AccountEdge
-
Ratings
Production Process Design9.13 Ratings00 Ratings
Production Management8.84 Ratings00 Ratings
Configuration Management8.54 Ratings00 Ratings
Work Execution9.14 Ratings00 Ratings
Manufacturing Costs9.44 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
9.0
4 Ratings
23% above category average
AccountEdge
-
Ratings
Forecasting8.54 Ratings00 Ratings
Inventory Planning9.44 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
AccountEdge
-
Ratings
Proposal Management8.13 Ratings00 Ratings
Product Master Data Management8.53 Ratings00 Ratings
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IFS ApplicationsAccountEdge
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Score 9.3 out of 10
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Infor VISUAL
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Zoho Books
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Enterprises
24SevenOffice
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Score 9.0 out of 10
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User Ratings
IFS ApplicationsAccountEdge
Likelihood to Recommend
8.4
(5 ratings)
6.0
(18 ratings)
Likelihood to Renew
-
(0 ratings)
8.8
(10 ratings)
Usability
8.4
(4 ratings)
9.0
(3 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Support Rating
1.0
(1 ratings)
9.0
(3 ratings)
Implementation Rating
-
(0 ratings)
7.0
(1 ratings)
User Testimonials
IFS ApplicationsAccountEdge
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
Priority Software
If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
Read full review
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
Priority Software
  • AccountEdge has a robust report menu that allows a user to slice and dice data for analysis. Report on projects for the life of the project across fiscal years. Report on different departments with segregated income statements.
  • For users who want to run payroll in house that is easily done through the payroll module. Print physical checks or direct deposit to employee's account, process payroll taxes and file year end W2s.
  • My personal favorites are time billing and retainers. As a service based business I can at my fingertips review how much money a client has on deposit with me and how much of that will be billed out at the end of the month. The integration with AccountEdge Mobile rounds it all out with being able to log my time on-site.
  • Last but not least AccountEdge Mobile in general, as the companion app for the desktop software is invaluable. My heaviest use is the spend money feature. Excellent for logging travel receipts & cash expenses while they are fresh on the brain. Really cuts back the data entry at the end of a trip and trying to recall what something may have been for.
Read full review
Cons
IFS
  • Handling massive volumes of data can be improved.
Read full review
Priority Software
  • My biggest frustration, and one that I've mentioned to Acclivity for many years, is that it only permits opening nine windows at a time (plus the home window). I hit that limit almost daily, and then I have to decide what do I close so I can complete the transaction that needed the "9th" window.
  • The Accounts section includes two quick reports, "Analyze Profit and Loss" and "Analyze Balance Sheet. These can be filtered for the current month or any prior month in the current fiscal year. And that's fine most of the year, but at the beginning of the next year, when I haven't yet started the new fiscal year, these only go to December of the prior year. The regular reports for these can select "next year;" why can't these?
  • It would be helpful if the journal entry number would have one or two additional digits available. For example, when I am entering journal entries for a client, I would like to use a number such as CPA2014001, CPA2014002, etc. to distinguish what I enter from the "automatic" entries that AccountEdge does. But that's one more digit than AccountEdge allows, so if I had over 100 adjustments, I would run out of entry numbers.
Read full review
Likelihood to Renew
IFS
No answers on this topic
Priority Software
Without a doubt, when you need to do accounting use the program that will get the job done in the least amount of time with the least amount of errors. Once you are using a program that works you stay with it year after year and you will find yourself even excited about the updates
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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.
Read full review
Priority Software
The intuitive interface does all the tasks we need our accounting software to do. Some tasks are slower to process than I would like but overall very usable. Customizable forms let us choose to either go with the easy ready-made out-of-the-box options or retool them to better fit our specific needs.
Read full review
Reliability and Availability
IFS
No answers on this topic
Priority Software
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
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
Priority Software
On the few occasions we have needed tech support over the years, they were responsive and worked to get to the root of the issues. However, even though Checkout POS is a separate application, it was pitched to us as a natural extension of the functionality of our AE software that would integrate seamlessly. The company's support for Checkout has been minimal at best, and now totally abandoned. That colors our view of Priority's support unfortunately. And to be honest, that's why it's a 9 instead of a 10. So to be fair, AccountEdge's support itself has been very good over the years.
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Implementation Rating
IFS
No answers on this topic
Priority Software
unfortunately no.
Read full review
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
Priority Software
For Mac enthusiasts, AccountEdge is the complete installed software solution for small to medium-sized businesses, as it has so many capabilities that QuickBooks for Mac lacks. However, it holds your hand less than QuickBooks for Mac does, so you ought to know what your are doing in keeping business books properly. If your needs are simple, QuickBooks for Mac may be a better solution. QuickBooks Online and Xero are excellent cloud accounting solutions that can be used on the Mac equally well as on Windows. QuickBooks Online offers a similar set of features as QuickBooks for Mac, with the addition of anywhere, anytime access. Xero is a great basic accounting solution in the cloud that can also be used equally well on Macs and WIndows, and offers endless customization and flexibility through its extensive third-party app integration for almost any need.
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
Priority Software
  • Increased employee efficiency - Time is no longer spent switching between programs because all of the information can be found in one place.
  • Customer service has also improved because employees find the program much easier to use, even at the point of sale.
  • Better record keeping - AccountEdge has a very simple invoicing application that allows us to keep track of and balance our accounts.
Read full review
ScreenShots

IFS Applications Screenshots

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AccountEdge Screenshots

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