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.
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Oracle Fusion Cloud ERP
Score 7.0 out of 10
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Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) applications. Oracle Expense Management and Oracle Risk Management are part of this solution. Other apps include Financials, Revenue Management, Accounting Hub, PPM, and Procurement. The single cloud platform offers built-in industry standards and modern best practices. ERP software is the backbone of many organizations and Oracle aims to offer a modern, connected…
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Pricing
IFS Cloud
Oracle Fusion Cloud ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS Cloud
Oracle Fusion Cloud ERP
Free Trial
No
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
Yes
Entry-level Setup Fee
No setup fee
Required
Additional Details
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Pricing per user varies by component within the Oracle ERP Cloud solution.
More Pricing Information
Community Pulse
IFS Cloud
Oracle Fusion Cloud ERP
Features
IFS Cloud
Oracle Fusion Cloud ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Cloud
7.9
2 Ratings
7% above category average
Oracle Fusion Cloud ERP
9.0
17 Ratings
20% above category average
Pay calculation
8.42 Ratings
8.917 Ratings
Benefit plan administration
7.92 Ratings
9.017 Ratings
Direct deposit files
7.92 Ratings
9.014 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Cloud
9.3
2 Ratings
21% above category average
Oracle Fusion Cloud ERP
6.5
177 Ratings
15% below category average
API for custom integration
9.52 Ratings
7.5174 Ratings
Plug-ins
9.02 Ratings
5.5148 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Cloud
9.3
2 Ratings
11% above category average
Oracle Fusion Cloud ERP
7.3
212 Ratings
14% below category average
Single sign-on capability
9.02 Ratings
9.0192 Ratings
Role-based user permissions
9.52 Ratings
5.5207 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Cloud
9.7
2 Ratings
27% above category average
Oracle Fusion Cloud ERP
5.4
216 Ratings
31% below category average
Dashboards
9.52 Ratings
6.5205 Ratings
Standard reports
9.52 Ratings
4.1209 Ratings
Custom reports
10.02 Ratings
5.5205 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Cloud
9.0
2 Ratings
16% above category average
Oracle Fusion Cloud ERP
8.5
236 Ratings
10% above category average
Accounts payable
9.02 Ratings
8.0225 Ratings
Accounts receivable
9.02 Ratings
7.0216 Ratings
Global Financial Support
9.02 Ratings
7.5168 Ratings
Primary and Secondary Ledgers
9.02 Ratings
6.5194 Ratings
Journals and Reconciliations
9.02 Ratings
8.0202 Ratings
Configurable Accounting
8.52 Ratings
6.1184 Ratings
Standardized Processes
9.52 Ratings
6.5198 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Cloud
9.9
2 Ratings
22% above category average
Oracle Fusion Cloud ERP
7.3
160 Ratings
9% below category average
Inventory tracking
9.52 Ratings
7.0154 Ratings
Automatic reordering
10.02 Ratings
6.5137 Ratings
Location management
10.02 Ratings
7.5139 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Cloud
9.3
2 Ratings
16% above category average
Oracle Fusion Cloud ERP
7.3
153 Ratings
8% below category average
Pricing
9.02 Ratings
7.0141 Ratings
Order entry
10.02 Ratings
7.0146 Ratings
Credit card processing
8.52 Ratings
6.0120 Ratings
Cost of goods sold
9.52 Ratings
7.5131 Ratings
Order Orchestration
8.52 Ratings
7.0123 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Cloud
8.9
2 Ratings
18% above category average
Oracle Fusion Cloud ERP
7.7
202 Ratings
3% above category average
Billing Management
8.52 Ratings
7.0159 Ratings
Cash and Asset Management
9.52 Ratings
7.0175 Ratings
Travel & Expense Management
9.52 Ratings
7.0144 Ratings
Budgetary Control & Encumbrance Accounting
9.02 Ratings
6.0142 Ratings
Period Close
9.52 Ratings
7.0171 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
Oracle Fusion Cloud ERP
8.2
144 Ratings
8% above category average
Budgeting and Forecasting
9.52 Ratings
8.2129 Ratings
Project Costing
9.02 Ratings
8.3131 Ratings
Cost Capture
8.52 Ratings
8.2121 Ratings
Capital Project Management
9.02 Ratings
8.0118 Ratings
Customer Contract Compliance
9.02 Ratings
8.3108 Ratings
Project Revenue Recognition
9.52 Ratings
8.1113 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Cloud
9.3
2 Ratings
29% above category average
Oracle Fusion Cloud ERP
7.8
104 Ratings
12% above category average
Project Planning and Scheduling
9.02 Ratings
7.099 Ratings
Task Insight for Project Managers
9.02 Ratings
7.092 Ratings
Project Mobile Functionality
10.01 Ratings
6.094 Ratings
Definable Resource Pools
10.01 Ratings
6.085 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
18% above category average
Oracle Fusion Cloud ERP
8.0
106 Ratings
9% above category average
Award Lifecycle Management
9.02 Ratings
6.091 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Cloud
9.4
2 Ratings
29% above category average
Oracle Fusion Cloud ERP
7.8
142 Ratings
11% above category average
Bids Analyzed and Compared
8.52 Ratings
6.099 Ratings
Contract Authoring
9.01 Ratings
6.0101 Ratings
Contract Repository
10.01 Ratings
6.595 Ratings
Requisitions-to-Purchase Orders Integrated
9.52 Ratings
8.0115 Ratings
Supplier Management
9.52 Ratings
8.5119 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Cloud
10.0
1 Ratings
40% above category average
Oracle Fusion Cloud ERP
6.8
79 Ratings
2% above category average
Risk Repository
10.01 Ratings
6.074 Ratings
Control Management
10.01 Ratings
7.074 Ratings
Control Efficiency Assessments
10.01 Ratings
7.067 Ratings
Issue Detection
10.01 Ratings
5.067 Ratings
Remediation and Certification
10.01 Ratings
5.067 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Cloud
8.9
2 Ratings
26% above category average
Oracle Fusion Cloud ERP
7.3
81 Ratings
6% above category average
Transportation Planning and Optimization
9.52 Ratings
6.065 Ratings
Transportation Execution Management
8.42 Ratings
7.062 Ratings
Trade and Customs Management
10.01 Ratings
6.059 Ratings
Fulfillment Management
9.01 Ratings
7.064 Ratings
Warehouse Workforce Management
9.52 Ratings
7.061 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Cloud
9.7
2 Ratings
27% above category average
Oracle Fusion Cloud ERP
7.1
74 Ratings
4% below category average
Production Process Design
9.52 Ratings
7.067 Ratings
Production Management
9.52 Ratings
6.069 Ratings
Configuration Management
10.02 Ratings
6.567 Ratings
Work Execution
9.52 Ratings
6.065 Ratings
Manufacturing Costs
10.02 Ratings
7.065 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Cloud
9.4
2 Ratings
26% above category average
Oracle Fusion Cloud ERP
7.7
95 Ratings
6% above category average
Forecasting
9.52 Ratings
8.092 Ratings
Inventory Planning
10.02 Ratings
7.594 Ratings
Performance Monitoring
9.02 Ratings
7.086 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
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
Oracle Fusion Cloud is best suited if a customer moves from Oracle eBusiness Suite (on-prem) to a SaaS offering. The transition is comparatively manageable to implement. However, the customer must understand that we cannot have too many customizations in the SaaS model, so many heavily customized on-prem applications would need to be incorporated in the Cloud by using Cloud tools like Oracle Integration Cloud, Oracle Cloud Infrastructure Autonomous Database, Oracle APEX provisioned on OCI, etc.
Oracle ERP cloud is a significant investment for our company. It will be an ongoing software cost and there's no looking back on that. Our users have become very accustomed to this tool that it is not practically feasible to rip them off from this system. So yes we will continue to renew the subscription going forward.
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.
I like the program, but it is only as good as the initial implementation and the user support required after go-live. I don't think pre-implementation training needs to be too much of a focus, but once you're live, there needs to be an intense focus on working with users and providing high-quality resources to help.
The application is used by big banks like HSBC is a testament to its reliability. I did not hear or experience any outages.Oracle is in the hosting business since long. In its previous avatar, it used to be called as Oracle on demand. So oracle has enough experience and expertise in hosting and managing customers applications in their datacenters. Oracle is the only major company which has platform as a service, database as a service and software as a service product offerings on the cloud.Hence customers can rely on Oracle as many major fortune 500 companies do.
Cloud performance is something that they need to improve. Also it is not consistent. Sometimes for some users it is slow while for others it is fast. This is frustrating for users especially when they are in the middle of what they are doing. We communicated this to Oracle and they suggested to submit request for environment re-sizing. But again this we think should be a proactive effort from Oracle rather than relying on customers to reach out. This is something Oracle definitely needs to work on.
Support is always providing step by step details to resolve any issue we encounter. If the issue is currently not a functionality or feature of the application they are supportive in offering guidance on submitting an enhancement request. Currently there is an enhancement that will be rolled out by Oracle that was designed for our organization.
The inperson trainings from Oracle University are effective. The trainers have vast experience and teached thousands of students. In person training will make people sit in a class and do the exercises. One can also learn from other students, who come with different background, industry etc. In person training will be an immersive experience and helps learn more in a short period of time.
We bought online training subscription from Oracle University. The subscription allowed our team to learn the nuts and bolts of the application.The subscription model helps access to all the modules as opposed to buying training for one module. We also leveraged guided learning subscription from Oracle. Guided learning is a state of the art learning application from Oracle. It resides within the application and guides the users on each and every step. This is learning by doing and is very effective. Once you buy guided learning, oracle keeps updating it with the release of new functionality in the quarterly upgrades.
Try to use the system as true to generic form as possible and cut over quickly. Parallel implementation is not recommended. If the numbers are accurate and materially similar to prior period - cut over. A small accounting adjustment is much better than millions in project overruns or dual system maintenance.
User documentation of IFS Cloud is very well organized, and easy to follow. So, the time taken for the key business users to be trained is comparatively less. The integration with other well-suited third-party applications for HR and Payroll has been standardized and easy to setup, because of the REST APIs.
Oracle ERP Cloud is very powerful in giving us reliable financial management analysis that helps us run our business and makes sure our business is growing and developing each and [every] day. The support team from this tool is very useful, reliable[,] and supportive 24/7.
Orcle ERP Cloud transformed and stabilized in this past 2 years since it was implemented. We have past the auditor reviews and 24 month end closes and 8 quarter closes and 2 FY closes. Above all we do have SEC reporting with all this data. Having said that our ERP subscription is a worthy investment and highly reliable source of information for our organization's needs
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