IFS Cloud Platform vs SAP S/4HANA comparison

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Comparison Buyer's Guide
Executive Summary

We performed a comparison between IFS Cloud Platform and SAP S/4HANA 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.
To learn more, read our detailed IFS Cloud Platform vs. SAP S/4HANA Report (Updated: September 2023).
734,678 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
"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.""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 feature is the distribution module.""IFS Applications is an all-in-one solution for finance, accounting, and production.""The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users.""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.""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.""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."

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"The scalability has been good.""The most useful features of SAP S4HANA are the consolidation reports. The BI is very strong and the manufacturing and finance sections we like a lot.""SAP S4HANA provides a solution towards a green industry. They keep making a different version of the solution to meet the needs of different industries, such as automotive and utilities.""A robust product with integration between all modules.""S/4HANA offers a lot of additional capability with respect to performance due to its in-built architecture for many functions including finance, production, quality, manufacturing, inventory or sales distribution and logistics.""S/4HANA is so much faster today than it was before. High performance is one of the best features, but the backbone of S/4HANA is its integration capabilities. They've also shifted to a focus on user experience.""The most valuable feature is that HANA loads from memory, which means it loads very quickly.""It is really fast. It is also very stable."

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Cons
"There should be some improvements in the predefined templates in IFS Applications.""Customization needs to be improved.""I'm a business analyst, so I do a lot of customer-facing work. I take calls from businesses I have to troubleshoot. One thing that bugs me is the error messages you get from IFS. If I get an error message, I have to dig to find the cause because, often, the error message doesn't precisely describe the problem. It'll hint about where the problem lies, but you have to work to find the root cause. It doesn't help in my situation. You expect an error message to point to the field or what is causing the issue.""Aspects of HR and payroll could be better.""IFS Applications can improve the reporting capabilities and increase the speed of feedback time in the IFS Applications. This would help with the overall performance of the solution and provide better experiences for customers.""There were initial difficulties when I started using the application.""We have upgraded to the latest version right now. We have issues with the quality. We tried to enroll in their Evergreen program which was meant to help us adopt any service update or anything that the tool’s providers come up with.""IFS Applications is not robust enough to handle high-volume transactions, so it's not suitable for larger enterprises."

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"SAP support provides resolves all our problems, but the response time is slower than our customers expect. Maybe it's because they have such a large customer base and are always occupied, but that's one area all our customers mention.""An area for improvement would be integration with different kinds of legacies. In the next release, I would like the product to be prepared for blockchain technology and the best way to communicate with social networking.""The user interface should be much more convenient and user-friendly.""SAP S4HANA is not suitable for all-size companies. If you have a small company there are better fit solutions for your needs.""During parallel preparation of go-live processes, SAP B1 and S4H transactional data alignment can be difficult to track.""The difficulty level of the initial setup depends on the person's skills. If you know the basic knowledge of the database, then it will be easy, otherwise, it will be very difficult.""So, there is room for improvement in pricing. HANA is not a simple product; it's quite complex by design.""The solution could have a better user experience. However, they are working a lot on the user experience and they have come up with various applications, such as mobile applications. This was lacking over the last two years."

More SAP S/4HANA Cons →

Pricing and Cost Advice
  • "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."
  • "Compared to SAP, the pricing for IFS Applications was very affordable. People using the solution would find that it's worth the money."
  • "The pricing of the solution may appear to be expensive for smaller companies with only tens of users; however, for larger and mid-size industrial companies, IFS is able to win deals and the pricing is competitive in the market."
  • "The additional cost that comes with the solution includes the overhead of the people who are trying to fix the tool issues. These people are trying to reproduce the issue and report it to the technical support and testing with them which is huge. It is the cost of quality in the end."
  • "The pricing is relatively high compared to competitors."
  • "We pay for a license to use the solution, which is not very expensive."
  • More IFS Cloud Platform Pricing and Cost Advice →

  • "There is a license required for the use of this solution and we are on a monthly subscription. The cost of the solution is expensive compared to other solutions."
  • "SAP S4HANA is expensive and for smaller businesses, it is very difficult for them to have the budget."
  • "The price of the solution is on the higher side compared to others."
  • "In Nigeria, we have to consider currency conversion rates with the Euro and Dollar that impact the final cost. But I believe that it'll be cheaper in the cloud where SAP has to do the maintenance of the server and more in the long run."
  • "Though we are talking about a competitively priced model, the pricing could be more cost-effective."
  • "The price of SAP S4HANA is reasonable."
  • "Licensing costs are not transparent"
  • "This is not the cheapest solution on the market, so you need to invest seriously in it. As a solid product, it has a solid price. It's definitely one of the more expensive tools on the market, but it's also one of the best products on the market."
  • More SAP S/4HANA Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Feature-wise, I like the way it provides inventory details...It is a stable solution.
    Top Answer:I won't be able to comment on the pricing since I wasn't looking after the pricing-related details of the solution.
    Top Answer:Regarding an area of weakness in the solution, it is not a user-friendly solution. In future releases, I want to see more reporting features and interactive dashboards included in the solution. In… more »
    Top Answer:SaP Business One is a complete solution for business management. The software applications are broad, ranging from accounting to project management and human resources. It is very versatile and… more »
    Top Answer:The support and price of the solution need to be improved. The solution should incorporate some new innovations.
    Top Answer:Many look for companies and partners who can help them implement SAP S/4HANA. So, we help in the implementation phase. We provide ongoing support as well.
    Ranking
    10th
    out of 64 in ERP
    Views
    3,529
    Comparisons
    2,450
    Reviews
    14
    Average Words per Review
    850
    Rating
    7.4
    2nd
    out of 64 in ERP
    Views
    18,517
    Comparisons
    12,509
    Reviews
    38
    Average Words per Review
    425
    Rating
    8.3
    Comparisons
    Also Known As
    IFS Applications, Assyst, IFS Cloud
    SAP S4HANA
    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.

    SAP S4HANA is an ERP (enterprise resource planning) system that uses sophisticated technologies including machine learning and AI. It is most commonly used to integrate and manage business functions and is an ideal solution for large enterprises. The platform includes supplier relationship management (SRM), customer relationship management (CRM), supply chain management (SCM), and product lifecycle management (PLM) functionality.

    SAP S4HANA offers three different deployment options:

    • On-premises
    • Cloud
    • Hybrid

    SAP S4HANA Features

    SAP S4HANA has many valuable key features, including:

    • Customizable
    • ERP, CRM, SRM, SCM, PLM co-deployed
    • High throughput
    • Fast analytics and reporting
    • Smaller total data footprint
    • SAP HANA multi-tenancy
    • All data: social, text, geo, graph, processing
    • New SAP Fiori UX for any device (mobile, desktop, tablet)
    • Unlimited workload capacity
    • High-volume transaction processing (OLTP)
    • High volume real-time analytical processes (OLAP)
    • Service Management
    • Digital Boardroom Integration

    SAP S4HANA Benefits

    Some of the benefits of using SAP S4HANA include:

    • Speed: S4 HANA applications leverage speed, context, and data accessibility to ensure you can stay up to date with rapidly evolving technology.
    • Improved performance: With SAP S4HANA, you can plan, execute, or generate reports and analytics based on live data to increase performance.
    • Simplicity: SAP S4HANA’s whole infrastructure was designed with simplification in mind — from the management of the solution to the administration of the IT landscape. The solution serves as the digital core for business process simplification and enables the centralizing of hardware and network resources.
    • Cost effective: SAP S4HANA is a cost effective solution. It provides the ability to bring together all the analytical and transactional capabilities of a variety of systems in one location, enabling better decision making.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by SAP S4HANA users.

    A Mechanical Engineer at a construction company says, “It is a very powerful, highly customizable tool. The most valuable feature is that the reporting is fast. We can see the results from that in that our commissions come in fast. That is the main advantage.”

    Another reviewer, a SAP Technology Manager at a financial services firm, mentions, "It is more or less a very, very smooth and seamless product. Day by day they are increasing their technology features and they are keen to resolve the issues. India has a complex business scenario and SAP is thinking about that and resolving the issues day by day. In terms of the features I have found most valuable, I don't think that there is any lack or any gap process-wise. SAP is a very good tool."

    A Project and Service delivery Manager at a tech services company comments, "One of the most valuable features, which we used the most, was the FI module, for finance. It involved controlling, account receivables, account payables, and complete financial steering."

    A Senior Architect at a construction company states, “The POD applications are very useful to us. There are a few POD apps which we are using for different business scenarios. They are quite interesting.” He also adds, “The initial setup is pretty straightforward. The documentation is very good. The solution can scale well. The solution is stable.”

    Offer
    Learn more about IFS Cloud Platform
    Learn more about SAP S/4HANA
    Sample Customers
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    Nestle, O.C. Tanner, Sabre, New York Life Insurance Co., MEMEBOX, Siemens AG.
    Top Industries
    REVIEWERS
    Manufacturing Company42%
    Educational Organization17%
    Training & Coaching Company8%
    Aerospace/Defense Firm8%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Manufacturing Company11%
    Government8%
    Comms Service Provider7%
    REVIEWERS
    Computer Software Company13%
    Manufacturing Company13%
    Financial Services Firm10%
    Retailer10%
    VISITORS READING REVIEWS
    Educational Organization34%
    Computer Software Company11%
    Manufacturing Company8%
    University4%
    Company Size
    REVIEWERS
    Small Business37%
    Midsize Enterprise33%
    Large Enterprise30%
    VISITORS READING REVIEWS
    Small Business24%
    Midsize Enterprise17%
    Large Enterprise59%
    REVIEWERS
    Small Business37%
    Midsize Enterprise21%
    Large Enterprise41%
    VISITORS READING REVIEWS
    Small Business16%
    Midsize Enterprise41%
    Large Enterprise43%
    Buyer's Guide
    IFS Cloud Platform vs. SAP S/4HANA
    September 2023
    Find out what your peers are saying about IFS Cloud Platform vs. SAP S/4HANA and other solutions. Updated: September 2023.
    734,678 professionals have used our research since 2012.

    IFS Cloud Platform is ranked 10th in ERP with 15 reviews while SAP S/4HANA is ranked 2nd in ERP with 42 reviews. IFS Cloud Platform is rated 7.6, while SAP S/4HANA is rated 8.4. The top reviewer of IFS Cloud Platform writes "Robust, customizable, and modern". On the other hand, the top reviewer of SAP S/4HANA writes "Smooth and seamless product with flexible licensing models". IFS Cloud Platform is most compared with SAP ERP, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central, IBM Maximo and SAP S/4HANA Cloud, whereas SAP S/4HANA is most compared with SAP ERP, SAP Business One, Oracle ERP Cloud, NetSuite ERP and Epicor ERP. See our IFS Cloud Platform vs. SAP S/4HANA report.

    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.