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IFS Applications vs. SAP Profitability and Performance Management

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IFS Applications

    Score7.6 out of 10
    N/AIFS 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 Profitability and Performance Management

    Score6 out of 10
    N/ASAP Profitability and Performance Management promises to help optimize business performance and improve the bottom line. The vendor says key capabilities include: Build, maintain, and utilize sophisticated business and financial models that support multiple allocation methods for costs and revenue, for superior profitability modelling and optimization. Empower finance and business teams with actionable insights from sophisticated models such as profitability and cost…N/A
    Pricing
    IFS ApplicationsSAP Profitability and Performance Management
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    IFS ApplicationsSAP Profitability and Performance Management
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeRequired
    Additional Details——
    More Pricing Information
    Features
    IFS ApplicationsSAP Profitability and Performance Management
    Payroll Management
    Comparison of Payroll Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    4.8
    3 Ratings
    44% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Pay calculation8.03 Ratings00 Ratings
    Benefit plan administration7.43 Ratings00 Ratings
    Direct deposit files6.43 Ratings00 Ratings
    Customization
    Comparison of Customization features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    8.7
    5 Ratings
    15% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    API for custom integration8.75 Ratings00 Ratings
    Plug-ins8.75 Ratings00 Ratings
    Security
    Comparison of Security features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    9.9
    5 Ratings
    16% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Single sign-on capability10.05 Ratings00 Ratings
    Role-based user permissions9.85 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    8.8
    5 Ratings
    16% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Dashboards8.55 Ratings00 Ratings
    Standard reports8.35 Ratings00 Ratings
    Custom reports9.55 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    7.5
    5 Ratings
    3% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Accounts payable9.55 Ratings00 Ratings
    Accounts receivable9.55 Ratings00 Ratings
    Global Financial Support9.04 Ratings00 Ratings
    Primary and Secondary Ledgers9.34 Ratings00 Ratings
    Journals and Reconciliations9.04 Ratings00 Ratings
    Configurable Accounting8.84 Ratings00 Ratings
    Standardized Processes9.04 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    9.1
    5 Ratings
    13% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Inventory tracking9.35 Ratings00 Ratings
    Automatic reordering9.55 Ratings00 Ratings
    Location management9.55 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    6.3
    5 Ratings
    23% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Pricing9.05 Ratings00 Ratings
    Order entry8.25 Ratings00 Ratings
    Credit card processing8.74 Ratings00 Ratings
    Cost of goods sold8.35 Ratings00 Ratings
    Order Orchestration7.84 Ratings00 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    3.9
    4 Ratings
    64% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Billing Management8.34 Ratings00 Ratings
    Cash and Asset Management8.84 Ratings00 Ratings
    Travel & Expense Management8.84 Ratings00 Ratings
    Budgetary Control & Encumbrance Accounting7.84 Ratings00 Ratings
    Period Close9.34 Ratings00 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    2.7
    1 Ratings
    95% below category average
    SAP Profitability and Performance 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 IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    3.5
    4 Ratings
    67% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Project Planning and Scheduling9.54 Ratings00 Ratings
    Task Insight for Project Managers8.54 Ratings00 Ratings
    Project Mobile Functionality7.54 Ratings00 Ratings
    Definable Resource Pools8.54 Ratings00 Ratings
    Grants Management
    Comparison of Grants Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    9.3
    2 Ratings
    22% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Award Lifecycle Management9.32 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    3.5
    4 Ratings
    68% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Bids Analyzed and Compared9.33 Ratings00 Ratings
    Contract Authoring8.33 Ratings00 Ratings
    Contract Repository8.33 Ratings00 Ratings
    Requisitions-to-Purchase Orders Integrated9.24 Ratings00 Ratings
    Supplier Management9.24 Ratings00 Ratings
    Risk Management
    Comparison of Risk Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    5.0
    4 Ratings
    30% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Risk Repository8.54 Ratings00 Ratings
    Control Management8.74 Ratings00 Ratings
    Control Efficiency Assessments8.54 Ratings00 Ratings
    Issue Detection7.54 Ratings00 Ratings
    Remediation and Certification8.04 Ratings00 Ratings
    Logistics
    Comparison of Logistics features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    7.8
    4 Ratings
    11% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Transportation Planning and Optimization8.32 Ratings00 Ratings
    Transportation Execution Management9.02 Ratings00 Ratings
    Trade and Customs Management8.02 Ratings00 Ratings
    Fulfillment Management7.73 Ratings00 Ratings
    Warehouse Workforce Management8.54 Ratings00 Ratings
    Manufacturing
    Comparison of Manufacturing features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    6.8
    4 Ratings
    10% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Production Process Design9.33 Ratings00 Ratings
    Production Management9.04 Ratings00 Ratings
    Configuration Management8.84 Ratings00 Ratings
    Work Execution9.34 Ratings00 Ratings
    Manufacturing Costs9.54 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    9.1
    4 Ratings
    21% above category average
    SAP Profitability and Performance Management
    -
    Ratings
    Forecasting8.84 Ratings00 Ratings
    Inventory Planning9.54 Ratings00 Ratings
    Performance Monitoring9.03 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    4.8
    4 Ratings
    42% below category average
    SAP Profitability and Performance Management
    -
    Ratings
    Proposal Management8.33 Ratings00 Ratings
    Product Master Data Management8.83 Ratings00 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    1 Ratings
    25% above category average
    Pixel Perfect reports00 Ratings10.01 Ratings
    Customizable dashboards00 Ratings10.01 Ratings
    Report Formatting Templates00 Ratings9.01 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.5
    2 Ratings
    20% above category average
    Drill-down analysis00 Ratings10.02 Ratings
    Formatting capabilities00 Ratings9.02 Ratings
    Integration with R or other statistical packages00 Ratings10.01 Ratings
    Report sharing and collaboration00 Ratings9.01 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.3
    1 Ratings
    16% above category average
    Publish to Web00 Ratings10.01 Ratings
    Publish to PDF00 Ratings9.01 Ratings
    Report Versioning00 Ratings9.01 Ratings
    Report Delivery Scheduling00 Ratings9.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    2 Ratings
    28% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings10.02 Ratings
    Location Analytics / Geographic Visualization00 Ratings9.02 Ratings
    Predictive Analytics00 Ratings10.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    2 Ratings
    14% above category average
    Multi-User Support (named login)00 Ratings10.02 Ratings
    Role-Based Security Model00 Ratings9.02 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings10.02 Ratings
    Single Sign-On (SSO)00 Ratings10.02 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.8
    1 Ratings
    29% above category average
    Responsive Design for Web Access00 Ratings10.01 Ratings
    Mobile Application00 Ratings9.01 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings10.01 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.8
    2 Ratings
    19% above category average
    Long-term financial planning00 Ratings10.02 Ratings
    Financial budgeting00 Ratings10.02 Ratings
    Forecasting00 Ratings10.02 Ratings
    Scenario modeling00 Ratings9.02 Ratings
    Management reporting00 Ratings10.02 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    2 Ratings
    22% above category average
    Financial data consolidation00 Ratings10.01 Ratings
    Journal entries and reports00 Ratings9.02 Ratings
    Multi-currency management00 Ratings10.02 Ratings
    Intercompany Eliminations00 Ratings10.01 Ratings
    Minority Ownership00 Ratings10.01 Ratings
    Local and consolidated reporting00 Ratings10.01 Ratings
    Detailed Audit Trails00 Ratings9.02 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.4
    2 Ratings
    15% above category average
    Financial Statement Reporting00 Ratings10.01 Ratings
    Management Reporting00 Ratings9.02 Ratings
    Excel-based Reporting00 Ratings9.02 Ratings
    Automated board and financial reporting00 Ratings10.01 Ratings
    XBRL support for regulatory filing00 Ratings9.01 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    2 Ratings
    25% above category average
    Personalized dashboards00 Ratings10.01 Ratings
    Color-coded scorecards00 Ratings9.01 Ratings
    KPIs00 Ratings10.02 Ratings
    Cost and profitability analysis00 Ratings10.02 Ratings
    Key Performance Indicator setting00 Ratings9.01 Ratings
    Benchmarking with external data00 Ratings10.02 Ratings
    Integration
    Comparison of Integration features of IFS Applications and SAP Profitability and Performance Management
    Feature
    IFS Applications
    -
    Ratings
    SAP Profitability and Performance Management
    9.7
    2 Ratings
    18% above category average
    Flat file integration00 Ratings9.02 Ratings
    Excel data integration00 Ratings10.02 Ratings
    Direct links to 3rd-party data sources00 Ratings10.02 Ratings
    Best Alternatives
    IFS ApplicationsSAP Profitability and Performance Management
    Small Businesses
    Zoho One
    Score9.1 out of 10
    No answers on this topic
    Medium-sized Companies
    Zoho One
    Score9.1 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IFS ApplicationsSAP Profitability and Performance Management
    Likelihood to Recommend
    8.5
    (5 ratings)
    10.0
    (2 ratings)
    Usability
    8.5
    (4 ratings)
    -
    (0 ratings)
    Support Rating
    1.0
    (1 ratings)
    7.0
    (1 ratings)
    User Testimonials
    IFS ApplicationsSAP Profitability and Performance 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.
    Incentivized
    Read full review
    SAP
    SAP Profitability and Performance is well suited in an organization/scenario where it aims to grow their profitability and optimize their business performance. It will offer strong financial analytics that are applicable in modern organizations and it will assure improved performance and enable purposeful marketing of your goods/services at prevailing profitable rate.
    Incentivized
    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.
    Incentivized
    Read full review
    SAP
    • Data enrichment (complex joins, lookups, and derivations).
    • Complex allocations and calculations.
    • Operates at a very high speed without disrupting the host HANA environment.
    • Connectivity to BW HANA and BPC.
    Incentivized
    Read full review
    Cons
    IFS
    • Handling massive volumes of data can be improved.
    Incentivized
    Read full review
    SAP
    • We were forced to train some of our staff a bit as they faced various hurdles before getting familiar with the platform and using it efficiently.
    Incentivized
    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
    SAP
    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.
    Read full review
    SAP
    We did get excellent support from SAP during our implementation project. We will see about the SAP support over the long term.
    Incentivized
    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
    SAP
    No answers on this topic
    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.
    Incentivized
    Read full review
    SAP
    • Helps us make sound decisions that positively impact our future.
    • Has simplified our financial planning process in our organization.
    • Our portfolio has doubled and grown immensely.
    Incentivized
    Read full review
    ScreenShots

    IFS Applications Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot

    SAP Profitability and Performance Management Screenshots

    Screenshot of SAP Profitability and Performance Management offers a user-friendly environment for modeling, analysis and reporting.Screenshot of SAP Profitability and Performance Management Modeling Environment: Allocating Products and Service Costs to Customers.Screenshot of SAP Profitability and Performance Management Modeling Environment: Cost Allocation Flow Diagram.Screenshot of Reporting and Simulation in SAP Profitability and Performance Management: Profitability and Cost Management Report.Screenshot of Reporting dashboard in SAP Profitability and Performance Management.Screenshot of Value and Cost Flow Trace Visualization in SAP Profitability and Performance Management: Value Flow Diagram.