IFS ERP supporting business.
January 16, 2025

IFS ERP supporting business.

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with IFS Applications

IFS Applications solution was used in my previous organization by all the manufacturing plants and several companies across the world. The ERP solution was interfaced with the shop floors to seamlessly manage the manufacturing entries. It thus facilitated the reporting across manufacturing plants. The application facilitated the group's global financial reporting.

Pros

  • Easy to configure and customize.
  • Facilitates financial reporting.
  • Easy to interface with external applications.

Cons

  • Handling massive volumes of data can be improved.
  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
The IFS Cloud solution has a better user experience than the IFS Applications EE solution. The cloud solution is user-friendly and offers an enhanced ergonomic experience to users.

Do you think IFS Applications delivers good value for the price?

Yes

Are you happy with IFS Applications's feature set?

Yes

Did IFS Applications live up to sales and marketing promises?

Yes

Did implementation of IFS Applications go as expected?

Yes

Would you buy IFS Applications again?

Yes

IFS Applications are well suited for the manufacturing, defense, construction and engineering, services, and energy sectors. It provided an exhaustive end-to-end solution with a modular approach. IFS Applications have evolved to IFS Cloud solution that offers enhanced user experience.

IFS Applications Feature Ratings

9.4
Accounts payable
10
Accounts receivable
10
Global Financial Support
10
Primary and Secondary Ledgers
9
Journals and Reconciliations
8
Configurable Accounting
10
Standardized Processes
9
6.6
Billing Management
6
Cash and Asset Management
6
Travel & Expense Management
8
Budgetary Control & Encumbrance Accounting
5
Period Close
8
7.7
Inventory tracking
7
Automatic reordering
8
Location management
8
7.0
Pricing
7
Order entry
8
Credit card processing
6
Cost of goods sold
7
Order Orchestration
7
3.7
Pay calculation
4
Benefit plan administration
4
Direct deposit files
3
7.0
Dashboards
6
Standard reports
7
Custom reports
8
7.0
API for custom integration
7
Plug-ins
7
9.5
Role-based user permissions
9
Single sign-on capability
10
Grants Management ()
Not Rated
Project Financial Management ()
Not Rated
8.0
Project Planning and Scheduling
10
Task Insight for Project Managers
8
Project Mobile Functionality
7
Definable Resource Pools
7
8.0
Bids Analyzed and Compared
8
Contract Authoring
7
Contract Repository
7
Requisitions-to-Purchase Orders Integrated
9
Supplier Management
9
6.2
Risk Repository
6
Control Management
7
Control Efficiency Assessments
7
Issue Detection
6
Remediation and Certification
5
6.2
Transportation Planning and Optimization
7
Transportation Execution Management
7
Trade and Customs Management
6
Fulfillment Management
5
Warehouse Workforce Management
6
7.6
Production Process Design
8
Production Management
7
Configuration Management
7
Work Execution
8
Manufacturing Costs
8
7.7
Forecasting
7
Inventory Planning
8
Performance Monitoring
8
7.0
Proposal Management
7
Product Master Data Management
7

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