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…
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TermSync
Score10 out of 10
N/A
TermSync is a cloud-based accounts receivable management platform. It helps companies get paid faster, reduce administrative costs, and improve customer relationships. It works with clients’ existing accounting systems and can be up in running in a day or less. Companies can choose from various modules including invoice delivery, customer portals, collection workflow management, and advanced reporting & analytics. TermSync was acquired by French company Esker in January 2015.
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Pricing
IFS Applications
TermSync
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS Applications
TermSync
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Features
IFS Applications
TermSync
Payroll Management
Comparison of Payroll Management features of IFS Applications and TermSync
Feature
IFS Applications
4.7
3 Ratings
46% below category average
TermSync
-
Ratings
Pay calculation
8.03 Ratings
00 Ratings
Benefit plan administration
7.43 Ratings
00 Ratings
Direct deposit files
6.43 Ratings
00 Ratings
Customization
Comparison of Customization features of IFS Applications and TermSync
Feature
IFS Applications
8.7
5 Ratings
14% above category average
TermSync
-
Ratings
API for custom integration
8.75 Ratings
00 Ratings
Plug-ins
8.75 Ratings
00 Ratings
Security
Comparison of Security features of IFS Applications and TermSync
Feature
IFS Applications
9.9
5 Ratings
16% above category average
TermSync
-
Ratings
Single sign-on capability
10.05 Ratings
00 Ratings
Role-based user permissions
9.85 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of IFS Applications and TermSync
Feature
IFS Applications
8.8
5 Ratings
15% above category average
TermSync
-
Ratings
Dashboards
8.55 Ratings
00 Ratings
Standard reports
8.35 Ratings
00 Ratings
Custom reports
9.55 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of IFS Applications and TermSync
Feature
IFS Applications
7.5
5 Ratings
3% below category average
TermSync
-
Ratings
Accounts payable
9.55 Ratings
00 Ratings
Accounts receivable
9.55 Ratings
00 Ratings
Global Financial Support
9.04 Ratings
00 Ratings
Primary and Secondary Ledgers
9.34 Ratings
00 Ratings
Journals and Reconciliations
9.04 Ratings
00 Ratings
Configurable Accounting
8.84 Ratings
00 Ratings
Standardized Processes
9.04 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of IFS Applications and TermSync
Feature
IFS Applications
9.1
5 Ratings
13% above category average
TermSync
-
Ratings
Inventory tracking
9.35 Ratings
00 Ratings
Automatic reordering
9.55 Ratings
00 Ratings
Location management
9.55 Ratings
00 Ratings
Order Management
Comparison of Order Management features of IFS Applications and TermSync
Feature
IFS Applications
6.3
5 Ratings
23% below category average
TermSync
-
Ratings
Pricing
9.05 Ratings
00 Ratings
Order entry
8.25 Ratings
00 Ratings
Credit card processing
8.74 Ratings
00 Ratings
Cost of goods sold
8.35 Ratings
00 Ratings
Order Orchestration
7.84 Ratings
00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of IFS Applications and TermSync
Feature
IFS Applications
3.9
4 Ratings
64% below category average
TermSync
-
Ratings
Billing Management
8.34 Ratings
00 Ratings
Cash and Asset Management
8.84 Ratings
00 Ratings
Travel & Expense Management
8.84 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
7.84 Ratings
00 Ratings
Period Close
9.34 Ratings
00 Ratings
Project Financial Management
Comparison of Project Financial Management features of IFS Applications and TermSync
Feature
IFS Applications
2.7
1 Ratings
95% below category average
TermSync
-
Ratings
Budgeting and Forecasting
3.01 Ratings
00 Ratings
Project Costing
6.01 Ratings
00 Ratings
Cost Capture
5.01 Ratings
00 Ratings
Capital Project Management
2.01 Ratings
00 Ratings
Customer Contract Compliance
2.01 Ratings
00 Ratings
Project Revenue Recognition
2.01 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of IFS Applications and TermSync
Feature
IFS Applications
3.5
4 Ratings
68% below category average
TermSync
-
Ratings
Project Planning and Scheduling
9.54 Ratings
00 Ratings
Task Insight for Project Managers
8.54 Ratings
00 Ratings
Project Mobile Functionality
7.54 Ratings
00 Ratings
Definable Resource Pools
8.54 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of IFS Applications and TermSync
Feature
IFS Applications
9.3
2 Ratings
23% above category average
TermSync
-
Ratings
Award Lifecycle Management
9.32 Ratings
00 Ratings
Procurement
Comparison of Procurement features of IFS Applications and TermSync
Feature
IFS Applications
3.5
4 Ratings
68% below category average
TermSync
-
Ratings
Bids Analyzed and Compared
9.33 Ratings
00 Ratings
Contract Authoring
8.33 Ratings
00 Ratings
Contract Repository
8.33 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
9.24 Ratings
00 Ratings
Supplier Management
9.24 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of IFS Applications and TermSync
Feature
IFS Applications
5.0
4 Ratings
30% below category average
TermSync
-
Ratings
Risk Repository
8.54 Ratings
00 Ratings
Control Management
8.74 Ratings
00 Ratings
Control Efficiency Assessments
8.54 Ratings
00 Ratings
Issue Detection
7.54 Ratings
00 Ratings
Remediation and Certification
8.04 Ratings
00 Ratings
Logistics
Comparison of Logistics features of IFS Applications and TermSync
Feature
IFS Applications
7.8
4 Ratings
11% above category average
TermSync
-
Ratings
Transportation Planning and Optimization
8.32 Ratings
00 Ratings
Transportation Execution Management
9.02 Ratings
00 Ratings
Trade and Customs Management
8.02 Ratings
00 Ratings
Fulfillment Management
7.73 Ratings
00 Ratings
Warehouse Workforce Management
8.54 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of IFS Applications and TermSync
Feature
IFS Applications
6.8
4 Ratings
10% below category average
TermSync
-
Ratings
Production Process Design
9.33 Ratings
00 Ratings
Production Management
9.04 Ratings
00 Ratings
Configuration Management
8.84 Ratings
00 Ratings
Work Execution
9.34 Ratings
00 Ratings
Manufacturing Costs
9.54 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of IFS Applications and TermSync
Feature
IFS Applications
9.1
4 Ratings
21% above category average
TermSync
-
Ratings
Forecasting
8.84 Ratings
00 Ratings
Inventory Planning
9.54 Ratings
00 Ratings
Performance Monitoring
9.03 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of IFS Applications and TermSync
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
If you are one person or managing 10, TermSync allows you to track what you and your team is working on. When to follow up with customers so that no one is missed. It allows you to see if each teammate is pulling their weight and getting done what needs to be done or if more help is needed. The Executive Metrics reports give you all the information for month end reporting and also shows you the weaknesses so you can motivate your team to excel in those areas.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Reporting. It is hard for TermSync to create a report for every business type out there so you may need to have some things customized, but they are always willing to assist.
The requirements needed to accept payments online requires some information that larger companies may not want to give out.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
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.
When researching for this type of product, I did reach out to other vendors. I worked closely with Billtrust in the past and they were lacking in this area when I was ready to make my move. It is my understanding that they have something very robust in the works but I can't say where that will fall on the cost spectrum. By comparison, other companies, like Get Paid had priced themselves right out of our market. TermSync gave us the tools we needed at a price we could afford in the least amount of time and very little assistance from our IT Group, which was a big relief.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
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.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info