We performed a comparison between IFS Cloud Platform and NetSuite OneWorld based on real PeerSpot user reviews.
Find out in this report how the two ERP solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."When it comes to financing, the solution has helped us to concentrate finance functions like accounting processes in one system. This includes about 70 internal entities around the world."
"IFS Applications is an all-in-one solution for finance, accounting, and production."
"The most valuable features of IFS Applications are their intuitiveness and ease of use. The navigations are also straightforward, which makes it easy to train users. The feedback I always receive is that it is very user-friendly."
"The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users."
"Having a young talented programmer, during the six years of use, we were able to save around 75 000 EUR preparing simple modifications using customization rather than ordering them in IFS / Partner."
"The product is quite flexible."
"All the modules are valuable in their own right, but everything has to go through the ERP. IFS has done an excellent job integrating the various modules to complete these processes. My expertise is in the finance module, but I have used the other verticals. It's an all-around good product."
"The main reason for the ERP project was to bring together our fourteen sites, which had until then worked in separate silos."
"NetSuite is a great solution, fast to bring up and makes everyone's life easier."
"NetSuite OneWorld, the consolidation feature has been incredibly valuable. However, I cannot speak to the full range of features and functionalities offered by OneWorld as I am not familiar with all of them. I have utilized OneWorld primarily in the biotech industry, with a focus on operating expenses and financial reporting, such as capital contributions and foreign currency adjustments. I am confident, however, that OneWorld offers a robust module for reporting and consolidating revenue, though I have not had the opportunity to directly utilize this aspect of the software."
"We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier invoices, but we're simplifying those too. We're also exploring integrating with other tools like Power BI for better data analytics and reporting. Currently, our automation focuses on general tasks, not document understanding or anything complex like that."
"NetSuite OneWorld is a single instance that allows you to do different business functions, such as reporting, order-to-cash, design-build, and procure-to-pay. This feature is what's most valuable in the solution."
"The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."
"The ability to customize it to create custom fields that are reportable, and then to be able to write script behind it to automate other processes that might otherwise be manual is great."
"The solution is scalable."
"Utilizes best practices that are simple to implement."
"The CRM was shaky and although this improves in Apps 10, there is room for improvement."
"Sometimes from the sales perspective, clients don't always fully understand how large a task or a project they're getting involved in when they decide, "We're going to switch across to IFS." They could probably do a little bit more, maybe around preparing people for these projects."
"I have seen that one of the areas that my company has identified for improvement might be the rental management capabilities within the solution."
"The user interface can be improved. When you're clicking through the screens, there are some icons or symbols that really need updating and would be more useful and noticeable if they are aesthetically pleasing."
"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."
"Aspects of HR and payroll could be better."
"An area for improvement would be transactions, which can be tedious to complete as the process is very complex."
"Customization needs to be improved."
"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."
"The Project Management User Interface is lacking."
"Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use."
"Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me."
"NetSuite OneWorld, the consolidation feature has been incredibly valuable. However, I cannot speak to the full range of features and functionalities offered by OneWorld as I am not familiar with all of them. I have utilized OneWorld primarily in the biotech industry, with a focus on operating expenses and financial reporting, such as capital contributions and foreign currency adjustments. I am confident, however, that OneWorld offers a robust module for reporting and consolidating revenue, though I have not had the opportunity to directly utilize this aspect of the software."
"Needs time entry for billable employees."
"I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The tool is cheaper than SAP or Core."
"The solution could improve by having more integration."
IFS Cloud Platform is ranked 9th in ERP with 29 reviews while NetSuite OneWorld is ranked 14th in ERP with 13 reviews. IFS Cloud Platform is rated 7.8, while NetSuite OneWorld is rated 8.4. The top reviewer of IFS Cloud Platform writes "Robust, customizable, and modern". On the other hand, the top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". IFS Cloud Platform is most compared with SAP ERP, SAP S/4HANA, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central and IBM Maximo, whereas NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and SAP S/4HANA. See our IFS Cloud Platform vs. NetSuite OneWorld report.
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