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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Zuora
Score 8.0 out of 10
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Zuora is one of the best-known subscription billing platforms. Zuora is an enterprise-level product and, as such, provides comprehensive metrics, tax automation, and support for multiple currencies. It also offers Salesforce and NetSuite integration out-of the-box. It often replaces cumbersome ERP (enterprise resource planning) systems that does not focus exclusively on billing.
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Pricing
IFS Applications
Zuora
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS Applications
Zuora
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
Community Pulse
IFS Applications
Zuora
Features
IFS Applications
Zuora
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
4.4
3 Ratings
50% below category average
Zuora
-
Ratings
Pay calculation
7.43 Ratings
00 Ratings
Benefit plan administration
6.83 Ratings
00 Ratings
Direct deposit files
5.83 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.7
5 Ratings
16% above category average
Zuora
-
Ratings
API for custom integration
8.75 Ratings
00 Ratings
Plug-ins
8.75 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.8
5 Ratings
16% above category average
Zuora
-
Ratings
Single sign-on capability
10.05 Ratings
00 Ratings
Role-based user permissions
9.75 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
8.6
5 Ratings
16% above category average
Zuora
-
Ratings
Dashboards
8.25 Ratings
00 Ratings
Standard reports
8.15 Ratings
00 Ratings
Custom reports
9.45 Ratings
00 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
Zuora
-
Ratings
Accounts payable
9.45 Ratings
00 Ratings
Accounts receivable
9.45 Ratings
00 Ratings
Global Financial Support
9.04 Ratings
00 Ratings
Primary and Secondary Ledgers
9.14 Ratings
00 Ratings
Journals and Reconciliations
8.84 Ratings
00 Ratings
Configurable Accounting
8.74 Ratings
00 Ratings
Standardized Processes
9.04 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
9.0
5 Ratings
13% above category average
Zuora
-
Ratings
Inventory tracking
9.15 Ratings
00 Ratings
Automatic reordering
9.45 Ratings
00 Ratings
Location management
9.45 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
6.1
5 Ratings
25% below category average
Zuora
-
Ratings
Pricing
8.85 Ratings
00 Ratings
Order entry
8.35 Ratings
00 Ratings
Credit card processing
8.24 Ratings
00 Ratings
Cost of goods sold
7.95 Ratings
00 Ratings
Order Orchestration
7.54 Ratings
00 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
Zuora
-
Ratings
Billing Management
7.94 Ratings
00 Ratings
Cash and Asset Management
8.54 Ratings
00 Ratings
Travel & Expense Management
8.54 Ratings
00 Ratings
Budgetary Control & Encumbrance Accounting
7.54 Ratings
00 Ratings
Period Close
9.14 Ratings
00 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
Zuora
-
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 Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
Zuora
-
Ratings
Project Planning and Scheduling
9.64 Ratings
00 Ratings
Task Insight for Project Managers
8.64 Ratings
00 Ratings
Project Mobile Functionality
7.64 Ratings
00 Ratings
Definable Resource Pools
8.44 Ratings
00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
9.4
2 Ratings
24% above category average
Zuora
-
Ratings
Award Lifecycle Management
9.42 Ratings
00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.5
4 Ratings
67% below category average
Zuora
-
Ratings
Bids Analyzed and Compared
9.13 Ratings
00 Ratings
Contract Authoring
8.13 Ratings
00 Ratings
Contract Repository
8.13 Ratings
00 Ratings
Requisitions-to-Purchase Orders Integrated
9.34 Ratings
00 Ratings
Supplier Management
9.34 Ratings
00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.9
4 Ratings
30% below category average
Zuora
-
Ratings
Risk Repository
8.44 Ratings
00 Ratings
Control Management
8.74 Ratings
00 Ratings
Control Efficiency Assessments
8.44 Ratings
00 Ratings
Issue Detection
7.24 Ratings
00 Ratings
Remediation and Certification
7.84 Ratings
00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
7.5
4 Ratings
9% above category average
Zuora
-
Ratings
Transportation Planning and Optimization
8.12 Ratings
00 Ratings
Transportation Execution Management
8.72 Ratings
00 Ratings
Trade and Customs Management
7.72 Ratings
00 Ratings
Fulfillment Management
7.33 Ratings
00 Ratings
Warehouse Workforce Management
8.44 Ratings
00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.7
4 Ratings
10% below category average
Zuora
-
Ratings
Production Process Design
9.13 Ratings
00 Ratings
Production Management
8.84 Ratings
00 Ratings
Configuration Management
8.54 Ratings
00 Ratings
Work Execution
9.14 Ratings
00 Ratings
Manufacturing Costs
9.44 Ratings
00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
9.0
4 Ratings
23% above category average
Zuora
-
Ratings
Forecasting
8.54 Ratings
00 Ratings
Inventory Planning
9.44 Ratings
00 Ratings
Performance Monitoring
9.03 Ratings
00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
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.
Zuora is great for smaller subscription businesses that have a limited number of simple or basic products. As more products are added to the catalog, the ability to report on specific product performance has become more challenging. Similarly, as our number of customers has grown significantly over the past few years, the extraction of data through export files is more of a challenge to capture all data points.
The implementation of Zuora is very helpful. Their interactive training guides are one of the best I've used. It is very thorough and any salesperson can learn how to use it very quickly.
Their subscription management offers many ways to sell a subscription. These subscriptions can be evergreen (renewing every month) or termed subscriptions. The subscriptions can be amended to add/remove products very easily.
The ability to quickly pass through large amounts of usage data for our clients is allowing us to perform billing in a time-effective manner. Once usage data is loaded, a few clicks and all of the invoices for our client base can be generated. Invoices are clean and detailed which help us maintain a good customer experience even with our somewhat complex billing model. The reporting is extremely helpful in calculating the end of month commissions, recognizing and deferring revenue, and overall bookkeeping.
User Interface - Zuora's UI is still a weak point, however, this is negated through the use of its API's. Zuora has done a lot of work in releasing new products to limit its UI experience and the addition of Orders allows for more functionality to reduce the UI issue.
Complex system - This is both a pro and a con, but in this instance, it is a con because we may not have taken the time to truly understand the implications of all the options that were available. the Flexibility is great however if you do not take the time to understand the product and what problem you are trying to solve, you can make life difficult for yourself later down the track. Take the time to map out your approach end to end and ensure your assumptions at the start are robust.
Reporting - reporting is weak as such we have moved away to our own reporting data warehouse.
Our business is now, more than ever, focused on our core business rather than homegrown support tools for quoting, contracts, billing, invoicing, payments and the rest of the subscription economy. We evaluated other solutions and found this the best and most viable solution given the strong ties to Salesforce and it's integration. Zuora works, and it works well.
I had 20+ years of accounting experience before taking on the revenue role. I had several things to [learn] but was able to easily master the software in a matter of weeks. Zuora is our preferred billing platform that we currently use - very efficient and much more automated than our other platform/process.
There have only been a few days/instances in the past 2.5 years of using zuora that I, personally have had issues or been notified of issues relating to Zuora.
Zuora does a superb job for all the tasks I use it for. Billing - it is trustworthy and accurate. Customer data- it holds it and keeps past records for even cancelled accounts, and subscription builds - it has the ability to make very difficult subscriptions seem easy.
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.
A support request is emailed to their support team, then an automated response is sent to you in a couple hours saying "Hey, someone will take a look at your support request soon". Then somewhere around 12-18 hours later, an actual support member responds with "Have you checked out our tutorials? Here's one that sounds like it might help you". I don't want a tutorial given to me that I've already read through that only exists because of the terrible user design of Zuora's user interface
I think Zuora did a great job. However, they could have provided more guidance on how to deal with out Payment Gateway and Processor provider, as well as guidance around providing a Mobile Responsive experience for sites using the Zuora HPM.
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.
Zuora provides way more functionality than Recurly or SaaSOptics as a billing engine. However, it is not a general ledger system like NetSuite ERP, it is still designed to be primarily a billing function that feeds into a general ledger via automated general entries. It has simplified our invoice management and automated billing while connecting with Salesforce for high-powered reporting and cross-departmental collaboration. The automation of revenue recognition has the potential to significantly reduce the time spent on accounting close by a few days.
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.