IFS Applications Review
Product Snapshot
Technology
IFS built their product on service-oriented architecture (SOA) to give customers the ability to adapt their business software to their long-term and daily requirements. It delivers on a low cost of ownership, as well as a high number of deployment options. They use established technologies that have proven security features for maximum protection of your business data—the highest security configuration is always the default. Additionally, IFS evaluates new innovations as they appear, and integrates them if those innovations add value to their product.
Customer Focus
Many of IFS’s customers are leaders within their industries. IFS has over 2,000 customers and over 50 countries, with a focus on enterprises and growing mid-sized businesses. Their ERP software is especially beneficial to manufacturing and supply chain companies.
Select Customers
Colfax, Infratek, Maxwell Technologies, Nestle, NGK, SAAB
Customer Case Study
About IFS Applications
IFS Applications is one, integrated product that supports managing four core processes— Project, Manufacturing, Service and Asset, and Supply Chain. Combined with their industry knowledge and solutions like HR, financials, CRM, and more, it’s a comprehensive ERP solution for your business needs.
IFS Applications delivers a user experience that’s intuitive and efficient, helping customers find what they need to do their jobs so they can spend fewer hours managing their software and focus on managing their business. It’s built using a core principle of manufacturing— producing and assembling components. Customers can choose just the components they need for their business and add new ones as necessary.
About IFS AB
IFS has a focus on agile business, their four core processes being: service & asset management, supply chain, manufacturing, and project. With just one product line, IFS attributes its success to their extensive partnerships and industry knowledge. They work towards building relationships with their customers so as to be more agile as they build a product that those customers really need.
IFS’s user-friendly, agile solutions make it easier for companies to run a more successful business by cutting out the complexity inherent in most ERP systems, leaving a simpler solution. They have customers in over 65 different countries, making their company truly global.
IFS Applications Key Features
- eInvoice
- Budget Management
- Cash Flow
- Accounts Payable
- Accounts Receivable
- Fixed Assets
- Consolidated Accounts
- General Ledger
- Self-Service
- Recruitment
- Employee Development & Certifications
- Training Management
- Expense Management
- Time & Attendance
- Payroll Administration
- Service Contract Management
- Field Service
- Call Center
- Sales Configurator
- Web Store
- Sales & Marketing
- Project Delivery
- Engineering Change Management
- Asset Data Management
- PDM Configuration
- Project Reporting
- Sales Contract Management
- Sub Contract Management
- Risk Management
- Project Planning
- Project Budgeting
- Project Management
- Multi-site Planning
- Constraint-Based Scheduling
- Make To Project
- Engineer to Order
- Make/Configure/Assemble to Order
- Batch Process
- Repetitive Production
- Shop Order
- Costing
- Shop Floor Reporting
- Demand Planning
- Invoicing
- Customer Schedules
- Customer Orders
- Supplier Schedules
- Purchasing
- Inventory
- Complex MRO
- Vehicle Information Management
- Process Automation Integration
- Scheduling & Resource Allocations
- Preventative Maintenance
- Work Order
- Overall Equipment Effectiveness
- Equipment Metering
- Equipment Monitoring
- Equipment
- System Integration & Web Services
- Event Management
- Mobile & Wireless Services
- Personal Portal
- Collaborative Solutions
- IFS Business Performance
- IFS Accounting Rules
- IFS Business Reporting
- IFS Document Management
- IFS Quality Management
- IFS Case Management
- IFS Business Modeler
- IFS Eco-Footprint Management
IFS Applications Screenshots
Pros
- Complete ERP solution.
- Comprehensive feature set.
- Strong focus on agile business processes.
Cons
- Reports of slow response time with IFS installed on client servers/PCs.
- They describe their modules as “solutions,” but you can’t purchase them as separate products.
- Industry focus is mostly on the manufacturing space/construction space.
Overview
IFS Applications is a truly complete ERP system, offering modules in every conceivable business process for a company. Their extensive feature set covers everything from financial management to supply chain to human resources. There are generally no reports of dissatisfaction with the IFS ERP system, though some users have complained of slow response times with IFS Applications installed on their systems.
Though IFS Applications effectively covers all the necessary business processes for construction, manufacturing, distribution, and similar industries, it doesn’t seem to accommodate industries such as retail, eCommerce, etc. As such, there are no retail/eCommerce features within the IFS modules. Additionally, their “solutions” are actually modules within the system, and so cannot be purchased outside their ERP system. That’s a question of semantics, however, and not necessarily a downside depending on how you look at it.
Overall, IFS Applications is a comprehensive, agile ERP software solution that’s perfectly suited for the manufacturing, construction, and high tech industries.
IFS Product Videos
IFS Agile Development Methodology
IFS Agile Development Methodology
IFS Applications in the Cloud
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White Papers and Demos
White Paper provided by IFS
The maximum output of many manufacturing operations is determined primarily by their market.
Case Study provided by IFS
More often than not, companies that implement an ERP system and have trouble achieving rapid return on investment (ROI) may labor under this misconception, or at the very least may underestimate their own role in successful implementation and operation of their new enterprise software environment.
White Paper provided by IFS
Each customer company or individual is a unique entity – and expects to be treated that way. Shorter product lifecycles, product mass-customization and increasing complexity of the supply chain are all symptoms of this new Project Economy.
What Others Say About IFS Applications
- IFS – UltraConsultants.com
“IFS Applications is a strong solution for companies with requirements in manufacturing, supply chain, project management, and service and asset management areas…” - IFS Software Review – Manufacturing-Software.org
“IFS applications amplifies ERP functionality to include customer relationship management (CRM), supply chain management (SCM), product lifecycle management…” - IFS Applications Software – SoftwareAdvice.com
“Developed with open standards, IFS Applications facilitates rapid implementation, smooth upgrades, simple integration with other systems and easy reconfiguration as needs change…” - IFS ERP Software Review – ERP.com
“The underlying philosophy at IFS is that separate components and the use of open standards is the way customers will be able to achieve the best solutions possible in their business…”
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