IFS Applications vs. SAP BPC (Business Planning and Consolidation)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Applications
Score 7.1 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
SAP BPC (Business Planning and Consolidation)
Score 7.4 out of 10
N/A
The SAP BPC software is designed to help users plan and achieve a faster, more accurate close. The SAP BPC software aims to help users spend more time growing their business and less time closing books. The vendor’s value proposition is that their software delivers planning, budgeting, forecasting, and financial consolidation capabilities in a single application. This, in turn, enables them to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with…N/A
Pricing
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
Free Trial
NoNo
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 ApplicationsSAP BPC (Business Planning and Consolidation)
Features
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
2.6
2 Ratings
95% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Pay calculation4.02 Ratings00 Ratings
Benefit plan administration4.02 Ratings00 Ratings
Direct deposit files3.02 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.5
4 Ratings
12% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
API for custom integration8.54 Ratings00 Ratings
Plug-ins8.54 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.7
4 Ratings
15% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Single sign-on capability10.04 Ratings00 Ratings
Role-based user permissions9.54 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
7.8
4 Ratings
7% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Dashboards7.04 Ratings00 Ratings
Standard reports7.54 Ratings00 Ratings
Custom reports9.04 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.4
4 Ratings
3% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Accounts payable9.04 Ratings00 Ratings
Accounts receivable9.04 Ratings00 Ratings
Global Financial Support9.03 Ratings00 Ratings
Primary and Secondary Ledgers8.53 Ratings00 Ratings
Journals and Reconciliations8.03 Ratings00 Ratings
Configurable Accounting8.53 Ratings00 Ratings
Standardized Processes9.03 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.6
4 Ratings
8% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Inventory tracking8.54 Ratings00 Ratings
Automatic reordering9.04 Ratings00 Ratings
Location management9.04 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
5.3
4 Ratings
39% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Pricing8.04 Ratings00 Ratings
Order entry8.54 Ratings00 Ratings
Credit card processing5.93 Ratings00 Ratings
Cost of goods sold6.54 Ratings00 Ratings
Order Orchestration6.53 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.4
3 Ratings
74% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Billing Management6.53 Ratings00 Ratings
Cash and Asset Management7.53 Ratings00 Ratings
Travel & Expense Management7.53 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting6.53 Ratings00 Ratings
Period Close8.53 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
SAP BPC (Business Planning and Consolidation)
-
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
3.6
3 Ratings
63% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Project Planning and Scheduling9.93 Ratings00 Ratings
Task Insight for Project Managers9.03 Ratings00 Ratings
Project Mobile Functionality8.03 Ratings00 Ratings
Definable Resource Pools8.03 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
10.0
1 Ratings
30% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Award Lifecycle Management10.01 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.3
3 Ratings
71% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Bids Analyzed and Compared7.92 Ratings00 Ratings
Contract Authoring6.92 Ratings00 Ratings
Contract Repository6.92 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.43 Ratings00 Ratings
Supplier Management9.43 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.6
3 Ratings
36% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Risk Repository8.03 Ratings00 Ratings
Control Management8.53 Ratings00 Ratings
Control Efficiency Assessments8.03 Ratings00 Ratings
Issue Detection6.03 Ratings00 Ratings
Remediation and Certification7.03 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
6.3
3 Ratings
8% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Transportation Planning and Optimization7.01 Ratings00 Ratings
Transportation Execution Management7.01 Ratings00 Ratings
Trade and Customs Management6.01 Ratings00 Ratings
Fulfillment Management5.02 Ratings00 Ratings
Warehouse Workforce Management8.03 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.2
3 Ratings
18% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Production Process Design8.52 Ratings00 Ratings
Production Management8.03 Ratings00 Ratings
Configuration Management7.53 Ratings00 Ratings
Work Execution8.53 Ratings00 Ratings
Manufacturing Costs9.03 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.5
3 Ratings
16% above category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Forecasting7.53 Ratings00 Ratings
Inventory Planning9.03 Ratings00 Ratings
Performance Monitoring9.02 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Applications
4.3
3 Ratings
51% below category average
SAP BPC (Business Planning and Consolidation)
-
Ratings
Proposal Management7.52 Ratings00 Ratings
Product Master Data Management7.52 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IFS Applications
-
Ratings
SAP BPC (Business Planning and Consolidation)
7.0
39 Ratings
15% below category average
Long-term financial planning00 Ratings6.333 Ratings
Financial budgeting00 Ratings7.535 Ratings
Forecasting00 Ratings7.538 Ratings
Scenario modeling00 Ratings7.034 Ratings
Management reporting00 Ratings6.638 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IFS Applications
-
Ratings
SAP BPC (Business Planning and Consolidation)
6.5
38 Ratings
19% below category average
Financial data consolidation00 Ratings8.034 Ratings
Journal entries and reports00 Ratings6.029 Ratings
Multi-currency management00 Ratings6.027 Ratings
Intercompany Eliminations00 Ratings5.029 Ratings
Minority Ownership00 Ratings7.020 Ratings
Local and consolidated reporting00 Ratings5.232 Ratings
Detailed Audit Trails00 Ratings8.227 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IFS Applications
-
Ratings
SAP BPC (Business Planning and Consolidation)
5.9
38 Ratings
29% below category average
Financial Statement Reporting00 Ratings8.033 Ratings
Management Reporting00 Ratings5.238 Ratings
Excel-based Reporting00 Ratings5.237 Ratings
Automated board and financial reporting00 Ratings5.229 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IFS Applications
-
Ratings
SAP BPC (Business Planning and Consolidation)
5.3
34 Ratings
41% below category average
Personalized dashboards00 Ratings5.323 Ratings
Color-coded scorecards00 Ratings3.720 Ratings
KPIs00 Ratings3.831 Ratings
Cost and profitability analysis00 Ratings7.227 Ratings
Key Performance Indicator setting00 Ratings4.624 Ratings
Benchmarking with external data00 Ratings7.018 Ratings
Integration
Comparison of Integration features of Product A and Product B
IFS Applications
-
Ratings
SAP BPC (Business Planning and Consolidation)
5.1
37 Ratings
46% below category average
Flat file integration00 Ratings6.134 Ratings
Excel data integration00 Ratings5.236 Ratings
Direct links to 3rd-party data sources00 Ratings4.124 Ratings
Best Alternatives
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
Small Businesses
Zoho One
Zoho One
Score 9.2 out of 10

No answers on this topic

Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.3 out of 10
Centage
Centage
Score 9.5 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 8.5 out of 10
Prophix
Prophix
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
Likelihood to Recommend
8.0
(4 ratings)
6.6
(39 ratings)
Likelihood to Renew
-
(0 ratings)
7.0
(1 ratings)
Usability
8.0
(3 ratings)
9.0
(2 ratings)
Availability
-
(0 ratings)
9.0
(1 ratings)
Performance
-
(0 ratings)
7.0
(1 ratings)
Support Rating
1.0
(1 ratings)
7.0
(1 ratings)
In-Person Training
-
(0 ratings)
9.0
(1 ratings)
Online Training
-
(0 ratings)
9.0
(1 ratings)
Implementation Rating
-
(0 ratings)
8.0
(1 ratings)
Configurability
-
(0 ratings)
8.0
(1 ratings)
Ease of integration
-
(0 ratings)
6.5
(38 ratings)
Product Scalability
-
(0 ratings)
9.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
IFS ApplicationsSAP BPC (Business Planning and Consolidation)
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
SAP
SAP BPC is well suited for complex planning and consolidations needs where the underlying transactional system is SAP ECC. It suits well if the organization has separate teams with BPC, ABAP, BW, Basis, Hana skillset. SAP BPC is less appropriate for organizations using Agile methodology. It is not suitable for organizations in a hyper-growth cycle as the installation and implementation is time-consuming. It will not work for organizations where the planning and budgeting needs keep changing frequently. The UI of SAP BPC is not very intuitive and very difficult to set up a dynamic dashboard for senior executives and officials of CxO.
Read full review
Pros
IFS
  • Easy to configure and customize.
  • Facilitates financial reporting.
  • Easy to interface with external applications.
Read full review
SAP
  • SAP BPC is real time data. You can send information into the system and see it reflected in your reports immediately. Other systems may require a manual push into a reporting system.
  • SAP BPC is a shared reporting tool, so multiple users can be working in a model/environment at the same time, real time. This is especially helpful if your workbooks incorporated multiple processes requiring multiple users to get into the same model.
  • SAP BPC is a powerful tool designed to help all facets of the company, from cash flow to capital expenditures to headcount management to financial planning to consolidation.
Read full review
Cons
IFS
  • Customer Service
  • User Experience
  • Implementation
  • Follow-through
  • Automation
  • Integrations
Read full review
SAP
  • Being from a law firm, the system needed a lot of custom tailoring in order to fit our full needs (although many companies could say the same thing). Although the ability to highly customize the system to the company's needs is a positive, it frequently results in the system responding in unexplainable and unrepeatable ways which negatively impacts and slows the budget process. Because of the sporadic nature and variety of the issues, we are unable to repeat them on cue and therefore cannot nail down a solution.
Read full review
Usability
IFS
In our organization, the IFS Applications is being used in most processes starting from Business Opportunity processes to Sales Order delivery processes where the IFS Applications helps us to raise procurement requests for SCM, Production schedules for the Shop Floor, Supplier invoicing, Customer Invoicing. Additionally, the Payroll process is completely automated where travel requests to employee attendance is being directly captured in ifs cloud.
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SAP
Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
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.
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SAP
We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
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In-Person Training
IFS
No answers on this topic
SAP
SAP BPC training content and trainers are very good. The training is structured and provides a very good understanding of the product features and functionalities. I attended 6 separate training sessions of week-long or more. I had very good experience in all the sessions. The training is organized very well.
Read full review
Online Training
IFS
No answers on this topic
SAP
SAP Training contents are very good, informative and exhaustive.
Read full review
Implementation Rating
IFS
No answers on this topic
SAP
The implementation was carried out in two phases spread over a period of 4 years with 2 upgrades in between. We also had multiple upgrades to HANA.
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Alternatives Considered
IFS
Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP. We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their feedback. The project manager team and qualification level of technical or consultant teams were differentiating factors too. Finally IFS application was named in the Gartner’s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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SAP
With Hyperion we struggled as it didn’t have integrated planning and consolidation, whereas BPC does have it. BPC is easier for reporting as it is Excel-based. Also BPC has prepackaged business process flows that helped a lot. Hyperion on the other hand has a faster response time for user queries or report generation.
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Return on Investment
IFS
  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
Read full review
SAP
  • Office administrators are able to enter data directly, freeing up accounting staff.
  • Dependent expenses such as taxes and benefits are automatically calculated, saving time for accounting staff.
  • Single source of data for budget information ensures consistency of information when reporting to senior management.
Read full review
ScreenShots

IFS Applications Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

SAP BPC (Business Planning and Consolidation) Screenshots

Screenshot of SAP BPC Home ScreenScreenshot of SAP BPC Web ClientScreenshot of SAP BPC DashboardScreenshot of SAP BPC Web Report