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IFS Applications Review

Product Snapshot

Product Pricing

Contact vendor directly for pricing information.

Technology

Product is available as a SaaS solution that requires no additional hardware.

Customer Focus

Vendor works primarily with enterprises and growing midsized businesses, especially manufacturing and supply chain companies.

Select Customers

Agility Group, Brierty, Alumetal, Amefa, AOA

Customer Case Study

View Vendor's Product Page

 

About IFS Applications

IFS Applications IFS Applications is an integrated ERP software solution that manages four core processes: project management, manufacturing, supply chain management and asset management. Combined with various solutions such as HR, financials, CRM and more, IFS Applications is a comprehensive ERP solution that can manage all of your business needs.

IFS Applications delivers a user experience that’s both intuitive and efficient, helping customers find what they need to do their jobs so they can spend fewer hours managing their software, and instead focus time and resources on managing their business. This ERP software is fully customizable so that businesses can choose the components they need, adding or removing these modules as necessary.

About the Company

IFS focuses on agile business, with their four core processes being asset management, supply chain, manufacturing and project management. With just one product line, IFS attributes its success to their extensive partnerships and industry knowledge. They work toward building relationships with their customers to be more agile as they build a product that’s customer driven. IFS’s user-friendly solutions make it easy for companies to run a more successful business by cutting out the complexity that’s inherent in most ERP systems. They have customers in over 65 different countries.

 

IFS Applications Key Features

IFS Financials

  • eInvoice
  • Budget management
  • Cash flow
  • Accounts payable
  • Accounts receivable
  • Fixed assets
  • Consolidated accounts
  • General ledger

IFS Human Resources

  • Self-service
  • Recruitment
  • Employee development and certifications
  • Training management
  • Expense management
  • Time and attendance
  • Payroll administration

IFS Sales & Service

  • Service contract management
  • Field service
  • Call center
  • Sales configurator
  • Web store
  • Sales and marketing

IFS Engineering

  • Project Delivery
  • Engineering Change Management
  • Asset Data Management
  • PDM Configuration

IFS Projects

  • Project reporting
  • Sales contract management
  • Sub contract management
  • Risk management
  • Project planning
  • Project budgeting
  • Project management

IFS Manufacturing

  • Multi-site planning
  • Constraint-based scheduling
  • Make-to-project
  • Engineer-to-order
  • Make/configure/aAssemble-to-order
  • Batch process
  • Repetitive production
  • Shop order
  • Costing
  • Shop floor reporting

IFS Distribution

  • Demand planning
  • Invoicing
  • Customer schedules
  • Customer orders
  • Supplier schedules
  • Purchasing
  • Inventory

IFS Maintenance

  • Complex MRO
  • Vehicle information management
  • Process automation integration
  • Scheduling and resource allocations
  • Preventative maintenance
  • Work order
  • Overall equipment effectiveness
  • Equipment metering
  • Equipment monitoring
  • Equipment

IFS Business Enablers

  • System integration and web services
  • Event management
  • Mobile and wireless services
  • Personal portal
  • Collaborative solutions

Additional IFS Modules

  • 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

 

IFS Product Videos

 

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.

 

White Papers and Demos

Software Selection for Enterprise Resource Planning
White Paper provided by IFS
In our digital, data-driven, constantly accelerating modern business environment, the use of enterprise resource planning (ERP) software is one of the principal tools companies use to manage and leverage change to maintain or improve competitive standing. For most companies, it is the most important technology they will implement to run their business.
The Need For Complete Traceability in the Food and Beverage Industry
White Paper provided by IFS
One of the biggest fears for process manufacturing companies is a product or ingredient being contaminated by an unknown source. The process manufacturing supply chain is long and complex. It includes international and domestically sourced processors, distributors, shippers and consumers. With all this complexity, companies still have to maintain proper regulatory standards while keeping high quality services, in what is an increasingly competitive market.
ERP For Floating Production Storage And Off-Loading
White Paper provided by IFS
When your key assets are production vessels which work offshore in dozens of places around the globe, and were specially converted by engineering and shipyard partners under a complex, multi-year process, those qualities drive particular enterprise software needs. That is why selection of enterprise resource planning (ERP) by companies that own and operate floating production & offloading (FPSO) vessels brings with it a unique set of system capabilities to consider.

 

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