IFS Cloud

Score8 out of 10

11 Reviews and Ratings

What is IFS Cloud?

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.

Categories & Use Cases

Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.2
Primary and Secondary Ledgers
Record and report across multiple currencies and accounting standards with primary and secondary ledgers
Category average: 7.9
Budgeting and Forecasting
Establish project budgets and forecast future project financials
Category average: 7.7

Fulfillment Management
Support for multi-channel demand and execution fulfillment processes
Category average: 7.5
Benefit plan administration
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
Category average: 7.4
Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Category average: 7.6

Verified User

Analyst in Information Technology (501-1000 employees employees)

Use Cases and Deployment Scope

We are using it to store our vendors, sites, incidents, and information related to HR as well. The problem we were facing before was the ability to integrate with other systems together. Currently we are integrating it with Boomi, Azure Blobs, and Snowflake. We are picking data stored in the IFS Cloud and build reports out of it. We send data to clients on a regular basis so that they can business decisions on top of it.

Pros

Store data from different domains
Integrates efficiently with other systems
Easy to migrate data from different systems. Provides good API Documentation.

Cons

We need a table or view where we can correlate fields available in the UI and at the backend like in API responses.
Exporting a table is quite confusing sometimes as there is an option of selecting fields you want to extract but even though we select the fields it comes with other fields as well.

Usability

Alternatives Considered

Quickbase

Other Software Used

Quickbase, Azure Blob Storage, Boomi

Verified User

Administrator in Information Technology (51-200 employees employees)

Use Cases and Deployment Scope

<div>We are using the IFS Cloud in our orgnization to handle HR information.</div><div>We also use the the dashboard to get some of the buisness insights in one place. </div><div>The IFS Cloud platform is also useful for us to store Vendor information, sites, etc, details easily in a single stop shope fashion.</div>

Pros

IFS cloud has good documentation
User interface is easy to use / understand.
Its like a centralised repository, where we get all the relevant data such as HR, Vendors, etc.

Cons

Data is stored in projections, so finding the required details is time consuming.
Sometimes the mapping between mapping of UI fields and actual backend is broken / does not work.

Return on Investment

I am not aware about ROI by using this tool, as the details are only available to higher reps in our orgnization.

Usability

Other Software Used

Microsoft SharePoint, Google Sheets, Microsoft Excel

Ketan Garud View profile

Managing Solution Architect in Information Technology at Capgemini (10,001+ employees employees)

Use Cases and Deployment Scope

IFS Cloud provides a single unified platform for enterprise solutions across different workstreams like finance, supply chain, manufacturing, project management and maintenance.

Cloud Ever green approach provides regular improvements every 6 months that help to keep the solution up to date and to meet the local TLS requirements with efficiency.

Pros

Unified platform for business users across different functions
User friendly ergonomy
Inbuilt reporting

Cons

Easy options to upload data from excel to IFS Cloud
AI capabilities
Better help functionality

Return on Investment

Improved data availability
Reporting and compliance improvement
Faster approval cycle and audit compliance

Usability

Alternatives Considered

IFS Applications

Other Software Used

CoPilot, Microsoft Teams, Atlassian Jira

Verified User

Analyst in Corporate (1001-5000 employees employees)

Use Cases and Deployment Scope

It helps us to organize our work in a very systematic way and create a smooth workflow of work efficiency which helps to boost our productivity. It helps us to keep track of each and every section of the organization keeps a record of everything involved from beginning to last. It decrease our work flow and increase our productivity.

Pros

Keeping track of everything
Engage customers
It optimize the assets

Cons

It can create more templates
It should increase designing in the software

Return on Investment

It has increased our ROI up to 50%
It has decreased our time and cost in managing things
It has accurate stock inventory management data

Usability

Verified User

Employee in Professional Services (51-200 employees employees)

Use Cases and Deployment Scope

I am using IFS Cloud in my organization to consult and support the industrial companies and their who use IFS Cloud as their Asset Management solution. To implement their project-based manufacturing business process, certain modules in IFS Cloud were implemented, and mapped with the processes. The use case mainly was the manufacturing, procurement, selling and maintaining of asset-type products.

Pros

Integration with other third-party application is easy and reliable
Product documentation is easy to follow for the new users
Web-based product

Cons

Rich look of user experience of the web-based interface
Some areas like HR and Payroll are not fully-suited within the solution
Error and issue handling/debugging is difficult

Return on Investment

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

Alternatives Considered

IFS Applications and Infor M3

Other Software Used

Microsoft Teams, Microsoft 365, IFS Customer Engagement

Usability

NetSuite ERP

SAP BW/4HANA

Ability 585 ERP

IFS Cloud

What is IFS Cloud?

Categories & Use Cases

Key Features

Top Performing Features

Accounts payable

Primary and Secondary Ledgers

Budgeting and Forecasting

Areas for Improvement

Fulfillment Management

Benefit plan administration

Direct deposit files

Reviews

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Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

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Usability

Other Software Used

Use Cases and Deployment Scope

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Return on Investment

Usability

Alternatives Considered

Other Software Used

Use Cases and Deployment Scope

Pros

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Usability

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

Usability

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