IFS Cloud vs. M1

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Cloud
Score 8.0 out of 10
N/A
IFS is a low-code / no-code approach to IFS solution suite, supporting various industries including aerospace & defense, construction, energy & utilities, and manufacturing with ERP, EAM and field service management functionality. IFS Cloud can be run as a service from IFS, or in a location of choice including on-premise as a containerized application.N/A
M1
Score 7.5 out of 10
N/A
M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.N/A
Pricing
IFS CloudM1
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS CloudM1
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IFS CloudM1
Features
IFS CloudM1
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Cloud
4.3
3 Ratings
52% below category average
M1
6.6
8 Ratings
10% below category average
Pay calculation2.03 Ratings7.08 Ratings
Benefit plan administration2.03 Ratings5.13 Ratings
Direct deposit files2.03 Ratings7.75 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Cloud
6.5
3 Ratings
13% below category average
M1
7.4
18 Ratings
0% below category average
API for custom integration7.03 Ratings7.415 Ratings
Plug-ins6.03 Ratings7.511 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Cloud
7.5
3 Ratings
10% below category average
M1
8.4
27 Ratings
1% above category average
Single sign-on capability8.03 Ratings8.715 Ratings
Role-based user permissions7.03 Ratings8.127 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Cloud
6.0
3 Ratings
20% below category average
M1
7.4
28 Ratings
1% above category average
Dashboards6.03 Ratings7.626 Ratings
Standard reports6.03 Ratings7.328 Ratings
Custom reports6.03 Ratings7.227 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Cloud
9.0
3 Ratings
16% above category average
M1
7.7
26 Ratings
0% above category average
Accounts payable10.03 Ratings8.025 Ratings
Accounts receivable10.03 Ratings7.826 Ratings
Global Financial Support10.03 Ratings7.79 Ratings
Primary and Secondary Ledgers10.03 Ratings7.816 Ratings
Journals and Reconciliations7.03 Ratings7.221 Ratings
Configurable Accounting8.03 Ratings7.518 Ratings
Standardized Processes8.03 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Cloud
8.5
3 Ratings
7% above category average
M1
8.2
26 Ratings
3% above category average
Inventory tracking8.03 Ratings8.426 Ratings
Automatic reordering8.03 Ratings8.415 Ratings
Location management8.03 Ratings7.721 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Cloud
6.9
3 Ratings
12% below category average
M1
8.0
26 Ratings
3% above category average
Pricing7.03 Ratings7.926 Ratings
Order entry7.03 Ratings8.326 Ratings
Credit card processing2.03 Ratings7.710 Ratings
Cost of goods sold7.03 Ratings8.017 Ratings
Order Orchestration6.03 Ratings8.113 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Cloud
7.9
3 Ratings
6% above category average
M1
7.2
21 Ratings
4% below category average
Billing Management5.03 Ratings8.420 Ratings
Cash and Asset Management6.03 Ratings7.917 Ratings
Travel & Expense Management6.03 Ratings5.09 Ratings
Budgetary Control & Encumbrance Accounting6.03 Ratings6.713 Ratings
Period Close8.03 Ratings7.921 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
15% above category average
M1
-
Ratings
Budgeting and Forecasting9.52 Ratings00 Ratings
Project Costing9.02 Ratings00 Ratings
Cost Capture8.52 Ratings00 Ratings
Capital Project Management9.02 Ratings00 Ratings
Customer Contract Compliance9.02 Ratings00 Ratings
Project Revenue Recognition9.52 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Cloud
8.7
3 Ratings
22% above category average
M1
6.3
16 Ratings
10% below category average
Project Planning and Scheduling8.03 Ratings7.716 Ratings
Task Insight for Project Managers7.03 Ratings8.010 Ratings
Project Mobile Functionality7.02 Ratings4.67 Ratings
Definable Resource Pools7.02 Ratings5.09 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
18% above category average
M1
2.7
2 Ratings
92% below category average
Award Lifecycle Management9.02 Ratings2.72 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Cloud
8.8
3 Ratings
23% above category average
M1
7.2
18 Ratings
3% above category average
Bids Analyzed and Compared8.52 Ratings6.57 Ratings
Contract Authoring9.01 Ratings7.84 Ratings
Contract Repository3.02 Ratings6.76 Ratings
Requisitions-to-Purchase Orders Integrated8.03 Ratings7.810 Ratings
Supplier Management7.03 Ratings7.418 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Cloud
6.9
2 Ratings
5% above category average
M1
5.7
4 Ratings
14% below category average
Risk Repository6.02 Ratings6.82 Ratings
Control Management6.02 Ratings6.54 Ratings
Control Efficiency Assessments4.02 Ratings5.24 Ratings
Issue Detection3.02 Ratings4.73 Ratings
Remediation and Certification3.02 Ratings5.33 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Cloud
6.9
3 Ratings
1% above category average
M1
4.2
10 Ratings
47% below category average
Transportation Planning and Optimization4.03 Ratings2.44 Ratings
Transportation Execution Management4.03 Ratings2.74 Ratings
Trade and Customs Management4.02 Ratings5.13 Ratings
Fulfillment Management3.02 Ratings5.28 Ratings
Warehouse Workforce Management6.03 Ratings5.78 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Cloud
8.4
3 Ratings
13% above category average
M1
7.1
27 Ratings
4% below category average
Production Process Design7.03 Ratings6.019 Ratings
Production Management9.03 Ratings7.322 Ratings
Configuration Management8.03 Ratings7.119 Ratings
Work Execution6.03 Ratings7.720 Ratings
Manufacturing Costs7.03 Ratings7.626 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Cloud
7.3
3 Ratings
2% above category average
M1
7.6
20 Ratings
6% above category average
Forecasting6.03 Ratings7.014 Ratings
Inventory Planning7.03 Ratings7.620 Ratings
Performance Monitoring7.03 Ratings8.115 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Cloud
8.1
2 Ratings
12% above category average
M1
6.2
9 Ratings
15% below category average
Proposal Management3.02 Ratings5.16 Ratings
Product Master Data Management7.02 Ratings7.39 Ratings
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User Ratings
IFS CloudM1
Likelihood to Recommend
8.0
(3 ratings)
7.7
(30 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
8.0
(3 ratings)
6.3
(30 ratings)
Support Rating
9.5
(2 ratings)
10.0
(1 ratings)
User Testimonials
IFS CloudM1
Likelihood to Recommend
IFS
The IFS Cloud has well suited to keeping track from beginning to end and engages from the internal team to the external team very well. It takes everything with them and helps them to grow at a wide pace. It creates a systematic workflow process which helps in achieving the goal more fast and friendly environment
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ECI Software Solutions
The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
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Pros
IFS
  • Integration with other third-party application is easy and reliable
  • Product documentation is easy to follow for the new users
  • Web-based product
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ECI Software Solutions
  • Allows for component parts to be scheduled independently through the plant
  • Once parts are built, it is easy to duplicate/reuse parts across they quoting and ordering modules and customers
  • If used properly and consistently, M1 will provide accurate job cost analysis to determine estimating, training, efficiency and other issues.
Read full review
Cons
IFS
  • Easy options to upload data from excel to IFS Cloud
  • AI capabilities
  • Better help functionality
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ECI Software Solutions
  • Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
  • We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
  • Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
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Usability
IFS
I will give a full rating to this software as it has helped me in achieving the Goal faster than expected and has created a systematic work flow that helps us to increase our work productivity and have track of each and every section. It has one product that changes your organization's environment better to perfect.
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ECI Software Solutions
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
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Support Rating
IFS
IFS Support for IFS Cloud product has different levels of support agreement with the customers, including 24*7 support service for the product. Since the customers have the option of selecting IFS-managed cloud for the implementation, all of the responsivities for maintaining the managed services can be handed over to IFS.
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ECI Software Solutions
Support has been great and timely
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Alternatives Considered
IFS
IFS Cloud is an upgrade of IFS Applications. IFS Applications solution is under extended support and would eventually be replaced by cloud solution in coming years.
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ECI Software Solutions
M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
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Return on Investment
IFS
  • Reduced the time taken for the users to prepare and generate reports since most are automatic with IFS Cloud
  • Increased the reliability and visibility of the inventory of the products from procurement of raw materials through the manufacturing of final product to delivering to customer's place
  • Took a considerable time configuring the roles and access of the users while implementation
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ECI Software Solutions
  • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
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ScreenShots

M1 Screenshots

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