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IFS Enterprise Asset Management Review

Product Snapshot

Product Pricing

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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.

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About IFS Enterprise Asset Management

IFS Enterprise Asset Management IFS Enterprise Asset Management is a part of the IFS Applications ERP solution, which is capable of handling complete control of assets and other organizational needs. The solution includes not only maintenance scheduling and work orders, but users can add additional modules such as human resources, purchasing, risk management, finance, document management and more to support the entire asset lifecycle. IFS manages assets with its equipment repository, preventive maintenance, condition based maintenance, measurement management, RCM, spare part management and shut down preparation.

About the Company

IFS develops and delivers enterprise software for customers around the world who manufacture and distribute goods, maintain assets, and manage service-focused operations. The industry expertise of the company’s people and solutions, together with commitment to their customers, has made IFS a recognized leader and the most recommended supplier in their sector. The IFS team of 3,500 employees supports more than one million users worldwide from a network of local offices and through their growing ecosystem of partners. For more information, visit:


IFS Enterprise Asset Management Key Features

  • Supports the entire asset lifecycle
  • Part of a complete enterprise suite including financials, project management, and workforce management
  • Equipment repository
  • Preventative maintenance
  • Condition based maintenance
  • Measurement management
  • RCM
  • Spare part management
  • Isolations and shut down preparation
  • Plant planning and optimization
  • Document management
  • Inventory and procurement
  • Supply chain management
  • Supplier collaboration
  • Sub contract management


White Papers and Demos

What to Look For in an Enterprise Resource Planning System
White Paper provided by IFS
ERP is a technology strategy that integrates a set of business functions, such as finance, HR, and purchasing, with operational aspects, such as manufacturing or distribution, through tight linkages from operational business transactions to financial records. If you are planning to implement an ERP system, there are multiple areas to consider.
Enterprise Software Usability and Digital Transformation
White Paper provided by IFS
Digital Transformation may be defined in a number of different ways by analysts or enterprise software vendors. But at its heart is the idea that as we use more digital technologies, those technologies change the way we live and, more pointedly, the way we conduct commerce and do business. Businesses are introducing new technologies in innovative ways to reduce cost, create new revenue opportunities and improve the customer experience.
Discover Why Field Service Companies are Moving to Servitization Business Models
White Paper provided by IFS
Field service organizations are looking for new innovative ways to maximize operational efficiency and reduce operational costs. This change has created a fundamental shift in the industry, from expectations through to functionality and approach. As product-based companies move towards a service-based performance model, the shift from commoditization to servitization has become more evident as the way forward.


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