IFS Review

IFS
Product:
Vendor:
Founded:
Headquarters:
IFS Applications
IFS
1983
Linkoping, Sweden
Ownership:
Customers:
Deployment Model:
Free Trial:
Private
10,000
Cloud, On-Premise
No
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IFS Applications At A Glance

Good: Targeted to a wide variety of industry segments including defense manufacturing, native project management functionality for one-off and recurring projects, flexible deployment options.
Bad: Not intended for small businesses.
Bottom Line: Integrated suite that handles a wide variety of business functions and allows companies to add components to fit their business needs.

Product Overview

IFS Applications is an integrated suite of solutions that handles a wide variety of business functions. The solutions are: Financials, Human Capital Management, Engineering, Projects, Manufacturing, Supply Chain, Maintenance, Sales & Service, and Business Enablers. Each solution has many different components.

IFS Applications is an agile solution, meaning it can quickly adapt to a business or industry’s changing needs and technology. Companies can have the software customized with the modules they need rather than purchase different software. They can also decide to add new components over time as their business needs change.

IFS Applications can be deployed either in the cloud or on-premise. Its cloud solution is delivered on the Microsoft Azure platform, and companies can benefit from anywhere access and no worries on maintaining servers. For companies that want the security of hosting their own data, IFS offers Managed Cloud services with the perpetual licensing model.

In mid-2018, IFS announced a new version called IFS Applications 10 that includes new features and enhancements. One of those features is the IFS Aurena, a browser-based intuitive interface to help increase user engagement and productivity. It also employs artificial intelligence functionality via the Aurena Bot, where users can give voice or text commands for tasks such as checking vacation leave balance. The Aurena Bot is accessible by IFS Aurena, Skype or Facebook Messenger.

Features

Each IFS Applications solution has many components. We’ve focused on the key ones below:

Financials – The Financials solution includes features such as invoicing, accounts payable, accounts receivable, business planning, cash flow, project finance, fixed assets, and general ledger.

Human Capital Management – Features in this solution are self-service, payroll, time and attendance, recruiting, expense management, health and safety, training, and employee development.

Engineering – Features include project deliverables, engineering change management, comissioning, and product data management (PDM) configurations.

Projects – This solution include features such as risk management, project reporting, project management, planning and scheduling, project budgeting and forecasting, and sales contract management.

Manufacturing – The Manufacturing solution has features like materials and resource planning, visual planning and scheduling, project-based manufacturing, discrete manufacturing, batch process manufacturing, and shop floor reporting.

Supply Chain – The supply chain solution’s features are demand forecasting, inventory, shipment management, sales order, and warehouse management.

Sales & Service – Some of the features in this solution are customer relationship management (CRM), web store, call management, field service with mobile functionality, service contract management and what-if scenario explorer.

Maintenance – We’ve covered the Maintenance components in our CMMS review, but features include work order, preventative maintenance and equipment tracking.

Business Enablers – The Business Enablers solution includes mobile functionality, data management, configuration and API access. There’s also an IFS Streams app that provides users with an information stream of notifications, workflows tasks and saved chat conversations.

IFS offers cross-functional features, such as document management, accounting rules, enterprise operational intelligence, reporting and analytics, and quality management.

  • Accounting?
  • Business Intelligence?
  • Customer Relationship Management?
  • Human Resources?
  • Inventory Management?
  • Product and Purchase Planning?
  • Supply Chain Management?

Target Market

IFS Applications serves many industries such as manufacturing, automotive, aerospace, construction, and energy and utilities. It doesn’t publicly release its customer names. Please contact them directly if you’re looking for customer references.

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Implementation/Integration

IFS strives to get its applications implemented in the shortest time possible. Customers will be assigned a dedicated customer service and implementation team for the implementation stage as well as beyond.

IFS also provides training both in the classroom (at IFS training facilities) and online. Classroom training can vary between two to three days based on the course, and web-based training can take anywhere from one to four hours per course.

Customer Service & Support

IFS offers a variety of support packages from a basic maintenance package to one that includes 24/7 emergency support. Other means of support include IFS’ Internet Support Center (where users can request support online) and phone support.

Pricing

IFS doesn’t publicly release its pricing information. Please contact them directly for a quote.

Shortcomings

Since IFS is focused mainly on medium-to-large companies with agile needs, smaller companies may not be able to benefit from using the applications.

Screenshots

IFS Screenshot 1
IFS Screenshot 2
IFS Screenshot 3

IFS Review Q&A

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About

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 our people and solutions, together with commitment to our customers, has made us a recognized leader and the most recommended supplier in our sector. Our team of 3,500 employees supports more than 10,000 customers worldwide from a network of local offices and through our growing ecosystem of partners.

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