IFS Applications vs. Synoptix

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Applications
Score 7.7 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
Synoptix
Score 7.5 out of 10
Mid-Size Companies (51-1,000 employees)
Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.N/A
Pricing
IFS ApplicationsSynoptix
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsSynoptix
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
IFS ApplicationsSynoptix
Features
IFS ApplicationsSynoptix
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.4
3 Ratings
50% below category average
Synoptix
-
Ratings
Pay calculation7.33 Ratings00 Ratings
Benefit plan administration6.83 Ratings00 Ratings
Direct deposit files5.83 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
Synoptix
-
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
Synoptix
-
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
Synoptix
-
Ratings
Dashboards8.15 Ratings00 Ratings
Standard reports8.15 Ratings00 Ratings
Custom reports9.45 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
Synoptix
-
Ratings
Accounts payable9.45 Ratings00 Ratings
Accounts receivable9.45 Ratings00 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
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
9.0
5 Ratings
13% above category average
Synoptix
-
Ratings
Inventory tracking9.15 Ratings00 Ratings
Automatic reordering9.45 Ratings00 Ratings
Location management9.45 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.1
5 Ratings
25% below category average
Synoptix
-
Ratings
Pricing8.85 Ratings00 Ratings
Order entry8.35 Ratings00 Ratings
Credit card processing8.24 Ratings00 Ratings
Cost of goods sold7.85 Ratings00 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
Synoptix
-
Ratings
Billing Management7.84 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
Synoptix
-
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
Synoptix
-
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
Synoptix
-
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
Synoptix
-
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
Synoptix
-
Ratings
Risk Repository8.44 Ratings00 Ratings
Control Management8.74 Ratings00 Ratings
Control Efficiency Assessments8.44 Ratings00 Ratings
Issue Detection7.14 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
Synoptix
-
Ratings
Transportation Planning and Optimization8.12 Ratings00 Ratings
Transportation Execution Management8.72 Ratings00 Ratings
Trade and Customs Management7.72 Ratings00 Ratings
Fulfillment Management7.23 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
Synoptix
-
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
8.9
4 Ratings
22% above category average
Synoptix
-
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
Synoptix
-
Ratings
Proposal Management8.13 Ratings00 Ratings
Product Master Data Management8.53 Ratings00 Ratings
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
6.0
5 Ratings
24% below category average
Pixel Perfect reports00 Ratings5.83 Ratings
Customizable dashboards00 Ratings5.85 Ratings
Report Formatting Templates00 Ratings6.44 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.4
7 Ratings
9% below category average
Drill-down analysis00 Ratings7.37 Ratings
Formatting capabilities00 Ratings7.07 Ratings
Integration with R or other statistical packages00 Ratings7.03 Ratings
Report sharing and collaboration00 Ratings8.24 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.7
5 Ratings
7% below category average
Publish to Web00 Ratings7.64 Ratings
Publish to PDF00 Ratings8.45 Ratings
Report Versioning00 Ratings7.63 Ratings
Report Delivery Scheduling00 Ratings7.34 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
6.9
3 Ratings
11% below category average
Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.33 Ratings
Location Analytics / Geographic Visualization00 Ratings6.82 Ratings
Predictive Analytics00 Ratings6.82 Ratings
Pattern Recognition and Data Mining00 Ratings6.82 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.6
6 Ratings
12% below category average
Multi-User Support (named login)00 Ratings7.36 Ratings
Role-Based Security Model00 Ratings8.05 Ratings
Multiple Access Permission Levels (Create, Read, Delete)00 Ratings7.75 Ratings
Report-Level Access Control00 Ratings7.35 Ratings
Single Sign-On (SSO)00 Ratings7.86 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
6.7
4 Ratings
12% below category average
Responsive Design for Web Access00 Ratings6.74 Ratings
Mobile Application00 Ratings6.82 Ratings
Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.73 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
6.6
8 Ratings
22% below category average
Long-term financial planning00 Ratings6.06 Ratings
Financial budgeting00 Ratings6.57 Ratings
Forecasting00 Ratings6.64 Ratings
Scenario modeling00 Ratings5.94 Ratings
Management reporting00 Ratings7.88 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.6
7 Ratings
4% below category average
Financial data consolidation00 Ratings8.26 Ratings
Journal entries and reports00 Ratings7.03 Ratings
Multi-currency management00 Ratings7.14 Ratings
Intercompany Eliminations00 Ratings6.82 Ratings
Minority Ownership00 Ratings9.12 Ratings
Local and consolidated reporting00 Ratings7.55 Ratings
Detailed Audit Trails00 Ratings7.46 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.2
8 Ratings
11% below category average
Financial Statement Reporting00 Ratings7.18 Ratings
Management Reporting00 Ratings7.78 Ratings
Excel-based Reporting00 Ratings8.07 Ratings
Automated board and financial reporting00 Ratings7.37 Ratings
XBRL support for regulatory filing00 Ratings5.83 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
6.5
6 Ratings
22% below category average
Personalized dashboards00 Ratings6.46 Ratings
Color-coded scorecards00 Ratings5.94 Ratings
KPIs00 Ratings6.73 Ratings
Cost and profitability analysis00 Ratings6.73 Ratings
Key Performance Indicator setting00 Ratings6.73 Ratings
Benchmarking with external data00 Ratings6.73 Ratings
Integration
Comparison of Integration features of Product A and Product B
IFS Applications
-
Ratings
Synoptix
7.4
6 Ratings
11% below category average
Flat file integration00 Ratings7.33 Ratings
Excel data integration00 Ratings8.05 Ratings
Direct links to 3rd-party data sources00 Ratings6.96 Ratings
Best Alternatives
IFS ApplicationsSynoptix
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 7.4 out of 10
Centage
Centage
Score 9.4 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
OneStream
OneStream
Score 8.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IFS ApplicationsSynoptix
Likelihood to Recommend
8.4
(5 ratings)
7.5
(18 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(2 ratings)
Usability
8.4
(4 ratings)
7.1
(7 ratings)
Support Rating
1.0
(1 ratings)
9.1
(2 ratings)
Implementation Rating
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
IFS ApplicationsSynoptix
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
Synoptix
Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround
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
Synoptix
  • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
  • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
  • Easily maintained and monitored with simple upgrade installations and end point installation.
  • Great knowledge base for review and trouble-shooting.
  • Highly knowledgeable and easy to work with staff.
Read full review
Cons
IFS
  • Handling massive volumes of data can be improved.
Read full review
Synoptix
  • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
  • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
  • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
Read full review
Likelihood to Renew
IFS
No answers on this topic
Synoptix
There is no question that we will continue to use this product for as long as it's available
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
Synoptix
It didn't take long to learn how it works and has always been easy to navigate and accomplish all that we have needed. Whenever there have been any issues Synopotix has been great to address them in a timely manner and have always been able to resolve the issues we have had
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
Synoptix
Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
Read full review
Implementation Rating
IFS
No answers on this topic
Synoptix
Good guidance of what steps will halppen.
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
Synoptix
Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious"
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
Synoptix
  • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
Read full review
ScreenShots

IFS Applications Screenshots

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