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IFS Applications vs NetSuite ERP comparison

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4,898 views|3,467 comparisons
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6,511 views|4,574 comparisons
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IFS Applications and NetSuite ERP based on real PeerSpot user reviews.

Find out in this report how the two Activity Based Costing Software solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.

To learn more, read our detailed IFS Applications vs. NetSuite ERP report (Updated: September 2022).
632,611 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"One of our favorite features is the "Info-Zone", which provides operational intelligence in flight and in context to guide both business users and support teams to productivity.""Some of the strengths are Enterprise Management Solutions and the series of Management solutions which is number one in Gartner's report and has been for the last five years.""The best feature is the maintenance module, which is essentially an industry-specific workflow designed with a manufacturing module as per industry standards. It's very precise and specific without having complex functionalities. It's straightforward. Field Service Management is definitely a wonderful product that IFS has developed because it caters to field services. The energy and utility sectors can answer their business needs using the software.""The solution overall is very versatile and flexible, especially compared to other products.""The most valuable feature is the distribution module."

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"The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner.""The user interface is very good.""The most valuable feature is that it works according to how the Internet works.""The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools.""I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing.""The most valuable feature in NetSuite ERP is the user interface.""It's integrated into everything well so you can navigate and use it in a very simple way.""NetSuite ERP is good for a trading company that involves buying and selling."

More NetSuite ERP Pros →

Cons
"It would be ideal if, in the future, the product could incorporate IoT and blockchain elements. We'd like to explore more of these types of features going forward.""There are certain digital features that need to be incorporated, such as IOP.""We would like to see AI-driven CSI functions built into the tool that would allow us to quickly tie our improvement goals to metrics and activities, so Assyst will suggest the next steps to help us get closer to our goals.""An area for improvement would be transactions, which can be tedious to complete as the process is very complex.""The integration is a bit complex, and post-implementation support services need to be improved. They have a service center based out of Sri Lanka. The support aspect is good, but the response time is a little slower than we anticipated. In the next release, it would be better if Warehouse Management could be improvised. They have a product line that's a data warehouse management system, but it's still premature and requires a bit of enhancement."

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"If they could provide more integration options to connect with different products, that would be ideal.""The solution is not user-friendly and it is complex to use.""NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it.""It would be great if they offered localization for Central America.""There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect.""The pricing is high.""Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there.""If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers."

More NetSuite ERP Cons →

Pricing and Cost Advice
  • "Ask for all-inclusive pricing, as they are pretty flexible if you ask for custom models."
  • "Pricing is an area that could be improved. They could be more competitive."
  • "IFS Applications is expensive software, but it's on par with SAP and Oracle. It's for large enterprises and government entities and not for small and medium-sized enterprises. They have one licensing model, but if you want to have a module-specific license, they provide component-based licenses. Unlike SAP and Oracle, it doesn't have different levels of licensing. It's one level of licensing."
  • More IFS Applications Pricing and Cost Advice →

  • "When people buy ERP, it's a competitive situation and the pricing is paramount."
  • "It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."
  • "There is an annual license required to use this solution."
  • "The price of the solution is quite high."
  • "NetSuite ERP has a cost per module you want to use, and then you have the license per user."
  • More NetSuite ERP Pricing and Cost Advice →

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    632,611 professionals have used our research since 2012.
    Questions from the Community
    Top Answer:Some of the strengths are Enterprise Management Solutions and the series of Management solutions which is number one in Gartner's report and has been for the last five years.
    Top Answer:It's not cheapest, and it's not mediocre pricing. Pricing is comparatively or sufficiently higher than maybe all other IT solutions. There are no additional fees, and everything is included in the… more »
    Top Answer:There are certain digital features that need to be incorporated, such as IOP. It's a blockchain platform. We are currently exploring these types of features to enhance our solutions for added value… more »
    Top Answer:The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the… more »
    Top Answer:It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a… more »
    Top Answer:There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for… more »
    Ranking
    Views
    4,898
    Comparisons
    3,467
    Reviews
    5
    Average Words per Review
    553
    Rating
    7.2
    Views
    6,511
    Comparisons
    4,574
    Reviews
    8
    Average Words per Review
    1,273
    Rating
    7.6
    Comparisons
    Also Known As
    Assyst
    Learn More
    Overview

    IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service™​​​​​​​. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.

    Global ERP NetSuite OneWorld Allows Companies to Manage Back Office Operations Globally AND Locally. NetSuite OneWorld addresses the complex multi-national and multi-company needs of mid-market organizations. Enable businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up. Get unprecedented visibility of your business worldwide in real time, ensuring consistent, compliant management across the organization, locally and globally. NetSuite OneWorld can populate a single charts-of-accounts across subsidiaries, or use separate charts-of-accounts for each company with postings between subsidiaries such as expense allocation managed via inter-company journals. Local taxes are readily handled across subsidiaries with an embedded tax engine that allows for multiple tax schedules for everything from GST, to VAT, to consumption tax or general sales tax. Revenue recognition, local financial reporting and compliance are also built-in components. And OneWorld allows for global order management and sourcing with the ability to manage inventory and fulfillment across multiple locations with product items represented globally or on a per subsidiary basis.
    Offer
    Learn more about IFS Applications
    Learn more about NetSuite ERP
    Sample Customers
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company25%
    Comms Service Provider16%
    Manufacturing Company9%
    Government6%
    REVIEWERS
    Media Company25%
    Integrator13%
    Recreational Facilities/Services Company13%
    Computer Software Company13%
    VISITORS READING REVIEWS
    Computer Software Company25%
    Comms Service Provider11%
    Educational Organization7%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business46%
    Midsize Enterprise38%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise16%
    Large Enterprise61%
    REVIEWERS
    Small Business61%
    Midsize Enterprise22%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise16%
    Large Enterprise58%
    Buyer's Guide
    IFS Applications vs. NetSuite ERP
    September 2022
    Find out what your peers are saying about IFS Applications vs. NetSuite ERP and other solutions. Updated: September 2022.
    632,611 professionals have used our research since 2012.

    IFS Applications is ranked 7th in Activity Based Costing Software with 5 reviews while NetSuite ERP is ranked 5th in Activity Based Costing Software with 10 reviews. IFS Applications is rated 7.2, while NetSuite ERP is rated 7.6. The top reviewer of IFS Applications writes "A cloud-based ERP solution with a useful maintenance module, but post-implementation support could be better". On the other hand, the top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". IFS Applications is most compared with SAP ERP, Oracle E-Business Suite, IBM Maximo, SAP S/4HANA and BMC Helix ITSM, whereas NetSuite ERP is most compared with SAP S/4HANA, Oracle ERP Cloud, Oracle E-Business Suite, JD Edwards EnterpriseOne and Microsoft Dynamics AX. See our IFS Applications vs. NetSuite ERP report.

    See our list of best Activity Based Costing Software vendors.

    We monitor all Activity Based Costing Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.