IFS Cloud Platform vs Penta comparison

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IFS Logo
3,345 views|2,212 comparisons
86% willing to recommend
Penta Logo
418 views|278 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IFS Cloud Platform and Penta based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.
To learn more, read our detailed ERP Report (Updated: April 2024).
769,334 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
"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.""What I like about IFS Applications is that it's easier to use and implement than SAP. I also like that the IFS Applications team is more flexible than the SAP team.""We could quickly understand what was going on and what the customer wanted to do.""I like the connectivity and interfaces. In V10, it's easy to modify the interfaces and layouts, but it's becoming more complicated in the cloud. IFS is excellent at asset maintenance and incident management. They have specialized modules for IFS that cover incident and asset management and everything else connected to finance. The reporting in IFS is also easy to use.""The most valuable features of IFS Applications in the latest version are the new user Arena interface. It's from Apps 9, but it brings more flexibility in usage, especially around different devices, such as mobile usage, which doesn't restrict you from using a computer. We are it for the HR side, and it's proving quite good. It has a new modern feel to it similar to a standard cloud application which enhances the user experience.""The main reason for the ERP project was to bring together our fourteen sites, which had until then worked in separate silos.""Feature-wise, I like the way it provides inventory details...It is a stable solution.""The solution overall is very versatile and flexible, especially compared to other products."

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"I believe Penta costs less than SAP"

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Cons
"The solution's initial setup process was complex...The technical support my company receives from the implementation partners of the solution is not that great.""Some kind of bot assistance, some kind of artificial intelligence to help people solve the problems, would be interesting.""Aspects of HR and payroll could be better.""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.""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.""Ability to place approval check-points in the custom workflow, so clients can decide what they want it.""IFS Applications is not robust enough to handle high-volume transactions, so it's not suitable for larger enterprises.""I have seen that one of the areas that my company has identified for improvement might be the rental management capabilities within the solution."

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"However, the production guys tell me that Penta is not suitable for mass production. If we build a hundred cars per day or more, then we'll have problems. At the same time, I can't say whether the issue is Penta or our process. In other words, maybe we have too many manual projects in it."

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Pricing and Cost Advice
  • "It is better to buy implementation services from IFS than from partners"
  • "Licensing is on an annual basis, with no additional costs."
  • "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."
  • "There's an additional yearly cost for support."
  • "There are varying license levels that you can purchase."
  • "IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."
  • More IFS Cloud Platform Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be used for various use cases with thousands of users.
    Top Answer:IFS Cloud Platform is not a cheap solution, and it is an extremely functional one. I consider it to be a well-priced solution compared to other mid-range or high-end ERP solutions. From a price… more »
    Top Answer:I think that with the latest version of the product in the cloud, the user experience is very good since it is highly configurable and very capable software. I have seen that one of the areas that my… more »
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    Ranking
    10th
    out of 69 in ERP
    Views
    3,345
    Comparisons
    2,212
    Reviews
    16
    Average Words per Review
    817
    Rating
    7.8
    35th
    out of 69 in ERP
    Views
    418
    Comparisons
    278
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    IFS Applications, Assyst, IFS Cloud
    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.

    PENTA is construction ERP software, which is short for construction enterprise resource planning software. It combines advanced enterprise technologies with decades of construction industry experience into one, integrated system. Going beyond traditional construction management software, PENTA also incorporates document, content, and business process management capabilities, empowering contractors to:

    • Unify management of construction accounting, financial management, payroll, projects, and service operations into one database.
    • Capture all business content electronically. Eliminate paper and manual process inefficiencies.
    • Mobilize labor, equipment, and material field reporting by crews and technicians with mobile field technology.
    • Analyze historical performance for planning, identify exceptions for action, and trend current performance for forecasting, while "drilling down" to critical supporting detail.
    • Automate multi-location, multi-company, and inter-company accounting.
    Sample Customers
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    Luckinbill, Murphy Company, Waldinger
    Top Industries
    REVIEWERS
    Manufacturing Company46%
    Educational Organization15%
    Transportation Company8%
    Training & Coaching Company8%
    VISITORS READING REVIEWS
    Computer Software Company17%
    Manufacturing Company11%
    Government8%
    Comms Service Provider6%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Retailer12%
    Manufacturing Company10%
    Construction Company8%
    Company Size
    REVIEWERS
    Small Business38%
    Midsize Enterprise34%
    Large Enterprise28%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise17%
    Large Enterprise60%
    VISITORS READING REVIEWS
    Small Business30%
    Midsize Enterprise13%
    Large Enterprise57%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    769,334 professionals have used our research since 2012.

    IFS Cloud Platform is ranked 10th in ERP with 29 reviews while Penta is ranked 35th in ERP. IFS Cloud Platform is rated 7.8, while Penta is rated 7.0. The top reviewer of IFS Cloud Platform writes "Robust, customizable, and modern". On the other hand, the top reviewer of Penta writes "Less expensive than some competing solutions, but it's hard to handle logistics management at scale". 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 Penta is most compared with SAP ERP.

    See our list of best ERP vendors.

    We monitor all ERP 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.