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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

    Yooz

    Score8.8 out of 10
    Small Businesses (1-50 employees)
    Yooz delivers intelligent financial operations automation that aims to reduce waste, mitigate risk, prevent fraud, and eliminate errors from the AP process. Yooz provides Lean Financial Operations™ for companies of all sizes, offering clarity and control in the most complex environments. The Yooz platform combines a workflow engine, real-time applied AI, and transparency, with advanced fraud detection. Boasting over 7,000 customers worldwide and processing more than 300 million…N/A
    Pricing
    IFS ApplicationsYooz
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    IFS ApplicationsYooz
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Subscription price based on the volume of documents processed. Unlimited number of users. 4 hours of complimentary service to start.
    More Pricing Information
    Community Pulse
    IFS ApplicationsYooz
    Considered Both Products
    IFS
    No answer on this topic
    Yooz
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    87%
    Would buy again
    41 Answers
    Delivers good value for the price
    No answers on this topic
    94%
    Delivers good value for the price
    31 Answers
    Happy with the feature set
    No answers on this topic
    89%
    Happy with the feature set
    42 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    82%
    Lived up to sales and marketing promises
    14 Answers
    Implementation went as expected
    No answers on this topic
    91%
    Implementation went as expected
    29 Answers
    Features
    IFS ApplicationsYooz
    Payroll Management
    Comparison of Payroll Management features of IFS Applications and Yooz
    Feature
    IFS Applications
    4.7
    3 Ratings
    46% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    8.7
    5 Ratings
    14% above category average
    Yooz
    -
    Ratings
    API for custom integration8.75 Ratings00 Ratings
    Plug-ins8.75 Ratings00 Ratings
    Security
    Comparison of Security features of IFS Applications and Yooz
    Feature
    IFS Applications
    9.9
    5 Ratings
    16% above category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    8.8
    5 Ratings
    15% above category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    7.5
    5 Ratings
    3% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    9.1
    5 Ratings
    13% above category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    6.3
    5 Ratings
    23% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    3.9
    4 Ratings
    64% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    2.7
    1 Ratings
    95% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    3.5
    4 Ratings
    68% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    9.3
    2 Ratings
    22% above category average
    Yooz
    -
    Ratings
    Award Lifecycle Management9.32 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of IFS Applications and Yooz
    Feature
    IFS Applications
    3.5
    4 Ratings
    68% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    5.0
    4 Ratings
    30% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    7.8
    4 Ratings
    11% above category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    6.8
    4 Ratings
    10% below category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    9.1
    4 Ratings
    21% above category average
    Yooz
    -
    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 Yooz
    Feature
    IFS Applications
    4.8
    4 Ratings
    42% below category average
    Yooz
    -
    Ratings
    Proposal Management8.33 Ratings00 Ratings
    Product Master Data Management8.83 Ratings00 Ratings
    Payment Management
    Comparison of Payment Management features of IFS Applications and Yooz
    Feature
    IFS Applications
    -
    Ratings
    Yooz
    8.7
    41 Ratings
    13% above category average
    Customizable Approval Policies00 Ratings8.931 Ratings
    Financial Document Management00 Ratings8.230 Ratings
    Payment Status Tracking00 Ratings8.819 Ratings
    Payment Audit Trail00 Ratings9.021 Ratings
    Duplicate Bill Detection00 Ratings8.739 Ratings
    Advanced OCR00 Ratings8.830 Ratings
    Electronic Funds Transfer00 Ratings8.711 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of IFS Applications and Yooz
    Feature
    IFS Applications
    -
    Ratings
    Yooz
    8.5
    42 Ratings
    17% above category average
    Automated Accounts Payable Processes00 Ratings9.142 Ratings
    Vendor Management00 Ratings8.035 Ratings
    Best Alternatives
    IFS ApplicationsYooz
    Small Businesses
    Zoho One
    Score9.2 out of 10
    Tipalti
    Score7.7 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Basware AP Automation
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IFS ApplicationsYooz
    Likelihood to Recommend
    8.5
    (5 ratings)
    8.6
    (47 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.6
    (3 ratings)
    Usability
    8.5
    (4 ratings)
    8.9
    (20 ratings)
    Support Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    IFS ApplicationsYooz
    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
    Yooz
    Yooz is perfect for reoccurring invoices, such as utilities, as you can search by account# to show a list of entries allowing consistency across the board. Color coding can be used to differentiate between utilities or responsibilities. This also helps when exporting specific items. I can select one by one or by group.
    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
    Yooz
    • Yooz allowed for the uploading of purchase orders and the matching of purchase orders to invoices for smooth processing of invoices.
    • Yooz performed three way matching in a stream lined manner.
    • Yooz was a user friendly software that integrated well with Oracle NetSuite.
    Incentivized
    Read full review
    Cons
    IFS
    • Handling massive volumes of data can be improved.
    Incentivized
    Read full review
    Yooz
    • when exporting we have to change the total column's to numbers or it will export with the incorrect totals.
    • Yooz needs to not allow itself to add a line to the total and change what you are posting. instead it needs to freeze you from moving on.
    Incentivized
    Read full review
    Likelihood to Renew
    IFS
    No answers on this topic
    Yooz
    I love Yooz and everything it has brought to our organization!
    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
    Yooz
    It has helped me with invoices and able to see if i have a duplicate and to see how many times vendor has been processed in the system and also to see who is late if it has been in yooz and it needs to get paid soon and also how many coding i have used
    Incentivized
    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
    Yooz
    No answers on this topic
    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
    Yooz
    Chrome River is slow and full of inconsistencies. Capturing invoices is confusing, as you have to assign approvers and coding at that time. No time to save it and research those details. It has multiple screens labeled inbox but are for different stages in the approval process that aren't specified unless you go into the invoice and review. When you go to exit the invoice, it takes you back to the main menu instead of the inbox you were currently working in. It is live, but the updates are every 10-15 minutes as opposed to immediately.
    Incentivized
    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.
    Incentivized
    Read full review
    Yooz
    • Yooz has delivered a positive ROI for our AP function by reducing invoice processing time and cost, accelerating approvals, and improving control over duplicate/exception handling.
    • Cost per invoice down through automation like less paper/postage.
    • Easy to find the invoice by using invoice number.
    Read full review
    ScreenShots

    IFS Applications Screenshots

    Product screenshotProduct screenshotProduct screenshotProduct screenshotProduct screenshot

    Yooz Screenshots

    Screenshot of how Yooz works - The solution provides artificial intelligence (AI) and machine learning technologies to help AP teams with invoice automation.Screenshot of Purchase: Automates PR/PO and approvals using workflows. Additionally users can create purchase requests, automate approval workflows, automatically generate purchase orders, manage deliveries and monitor the budget.Screenshot of Capture: AI based data extraction to extract invoices. Works for almost any format (PDF, Factur-X, UBL, CII, EDIFACT, etc.)Screenshot of No touch: Intelligent workflows to automate approvals and paymentsScreenshot of Pay: A Digital Invoice Payment Workflow. Invoices can be paid individually or as a batch,  and vendors receive payment through Virtual Card, ACH, eCheck, or Paper Check.Screenshot of Export: Invoice capture and automation that integrates with accounting software, or with more than 200 ERPs worldwide.