IFS ERP System: 2023 Review, Pricing, Features, and More

Introduction to IFS ERP

Are you searching for an ERP system beyond conventional offerings, providing your business with industry-specific solutions, a user-friendly interface, and cloud deployment options? Look no further! IFS ERP System is here to revolutionize how you manage your operations, assets, human capital management, and supply chain.

In this comprehensive review, we will explore the ins and outs of IFS ERP, diving deep into its unique features and capabilities. By the end of this journey, you’ll clearly understand what sets IFS apart from its competitors and how it can help your business achieve new heights of success. So buckle up, and let’s begin!

Short Summary

  • IFS ERP System is a comprehensive cloud-based enterprise resource planning (ERP) software solution.

  • It offers tailored industry-specific solutions and flexible customization options to meet unique needs.

  • IFS Applications has received positive customer reviews and recognition from Gartner Peer Insights and IDC MarketScape.

IFS ERP System Overview

erp, enterprise, resource

IFS ERP System is an enterprise resource planning (ERP) software solution designed to facilitate business management of operations, assets, and supply chains. As a powerful and versatile system, IFS ERP encompasses a wide range of features that cater to the unique needs of various industries. Its cloud capabilities allow for seamless integration, while the intuitive user interface ensures a smooth and efficient user experience.

Developed by Industrial and Financial Systems (IFS), this cutting-edge ERP software offers a comprehensive suite of service management, supply chain management, and enterprise asset management tools. IFS ERP is designed to streamline business processes and enhance operational efficiency, making it an ideal choice for organizations looking to optimize their operations and achieve their business goals.

The IFS ERP software is available on the cloud, providing businesses with a flexible and scalable solution to manage their operations effectively. This cloud ERP offering ensures that businesses can quickly adapt and respond to changing market demands while benefiting from the latest innovations in the industry.

IFS Applications: A Comprehensive Solution

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IFS Applications is a powerful Enterprise Resource Planning (ERP) system. It is specially designed for mid-market organizations that leverage field and asset-based businesses. This comprehensive solution offers a single platform to facilitate asset tracking and services management across an entire business environment, allowing businesses to effectively maintain assets and manage, manufacture, and distribute goods from beginning to end.

To achieve this, IFS Applications include a wide array of innovative functionalities. For instance, IFS Project Reporting enables project administration and monitors time and costs associated with project activities. At the same time, IFS Dynamic Scheduling optimizes your mobile workforce by considering your multiple locations and business-defined constraints, such as skills and SLAs.

Another key feature of IFS Applications is its cloud deployment option. IFS Cloud is an ERP product that provides an extensive set of industry-specific applications with a proven record of successful deployments by the world’s leading companies. This cloud-based solution allows businesses to scale their operations and leverage the latest innovations in the industry, ensuring they stay ahead of the competition.

IFS ERP Applications’ architecture is based on a multi-tier open architecture. It adopts both object-oriented and service-oriented principles. This mature and flexible architecture ensures that the system can quickly adapt to the changing needs of businesses, making it a future-proof solution for organizations looking to invest in a robust and scalable ERP system.

User Experience and Interface

system, web, news

A key aspect of any successful ERP system is its user experience, and IFS ERP System certainly does not disappoint. With an intuitive user interface, IFS ERP offers users the necessary tools to optimize their business operations and enhance productivity. This attractive, efficient, and user-friendly interface ensures that customers can quickly and easily access the necessary tools to complete their tasks, freeing up time and resources to focus on managing their business.

IFS Aurena, a mobile-first, responsive user interface included with IFS Applications 10, further elevates the user experience. This innovative design ensures that users can access the system from any device, allowing them to work on the go and stay connected with their business operations at all times.

Moreover, IFS Applications provides mobile applications enabling users to submit expense reports and carry out other essential business activities while away from the office. This seamless integration of mobile functionality enhances user experience and empowers businesses to stay agile and responsive in today’s fast-paced business environment.

Industry-Specific Solutions

building, factory, industrial building

IFS Applications stands out from other ERP solutions by offering industry-specific solutions tailored to the needs of each industry, and service industries such as telecommunications, automotive, aerospace & defense, and more. By providing features that are not typically available in general business software, IFS Applications reduce risk and avoid potential penalties while also enabling consistent management of ordering processes and export licenses across the enterprise, leading to improved supply chain management.

Some examples of industry-specific features include IFS FSM, a field service management software designed to optimize field service operations, and IFS EAM, an enterprise asset management software that provides a comprehensive solution for asset lifecycle management, including full traceability from raw materials through intermediates to finished goods. Additionally, the manufacturing industry, IFS Batch Process Manufacturing offers native support for quality management with control plans and analysis, catch weight, multiple units of measure, and shelf-life control, as well as batch balancing and sequencing based on product characteristics to minimize changeover costs.

By catering to the unique requirements of various industries, IFS Applications ensures that organizations can fully benefit from a tailored solution designed to address their specific business needs. This, in turn, results in greater efficiency, cost savings, and overall success for businesses that choose IFS Applications software as a service for their ERP solution.

Flexibility and Customization

Flexibility and customization are essential for any ERP system in today’s dynamic business environment. IFS ERP System is designed with these principles, enabling customers to select and implement components according to their needs. Configuration in IFS ERP involves adjusting system settings to suit the organization’s unique needs, such as establishing workflows, defining user roles, and customizing system preferences.

On the other hand, extension in IFS ERP refers to creating custom applications or extensions using IFS ERP’s development tools and platforms. By allowing businesses to tailor the system to their specific requirements, IFS ERP ensures that the solution remains relevant and effective as the organization grows more ifs and evolves.

This flexibility and customization not only contribute to a more efficient and streamlined business processes system but also enable businesses to fully leverage the power of their ERP solution to achieve their goals.

Cloud Deployment and Scalability

cloud computing, arithmetic in the cloud, saving data

Cloud deployment is a crucial aspect of modern ERP systems, and IFS Cloud offers businesses a scalable and innovative solution to manage their operations effectively. IFS Cloud deployment provides scalability through the automated deployment of functionalities leveraging Kubernetes and containerization, ensuring that businesses can adapt to changing market demands and benefit from the latest innovations in the industry.

IFS ERP is designed to efficiently manage large amounts of data and transactions, making it an ideal choice for expanding businesses. Its scalable data architecture ensures the system will grow with your organization, allowing for increased data volumes without affecting performance or user experience.

By offering cloud deployment and scalability, IFS ERP System enables businesses to stay agile and responsive in today’s fast-paced business environment. This ensures the system remains future-proof and allows organizations to leverage the power of the cloud to drive innovation and growth.

Security and Data Protection

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Security and data protection are paramount in any ERP system, and IFS ERP System offers robust measures to ensure the safety and integrity of customer data. With features such as encryption at rest and in transit, authentication, and access control, IFS ERP guarantees that sensitive information remains secure and protected at all times.

In addition to these robust security measures, IFS ERP also employs single sign-on (SSO) and two-factor authentication (2FA) functionalities to further enhance user account security. Role-based access control (RBAC) is another efficient access management system IFS ERP provides. It assigns user roles and authorizes permissions based on job roles, guaranteeing that users only access the data necessary to complete their tasks.

IFS ERP fully appreciates the significance of data security for businesses of any size. Accordingly, they have implemented robust security measures to protect customer data and provide a secure environment.

IFS Academy and Training

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A successful ERP implementation requires thorough training and education, and IFS Academy offers comprehensive courses and training for familiarizing new employees ifs customers with ERP software solutions. As a renowned provider of technology training and an Authorized Educational Partner of all Product Companies, IFS Academy plays a crucial role in ensuring the success of ERP implementations.

IFS Development and Training Management oversees employee professional development processes, including reviews and appraisals, employee performance, implementation team training and development activities, and career and succession management. By providing employees with the necessary knowledge and skills, IFS Academy ensures that businesses can fully leverage the power of their ERP solution to achieve their goals.

Proper training is essential for the successful implementation of an ERP system and its ongoing use and maintenance. By offering comprehensive courses and resources through IFS Academy, businesses can ensure that their employees are well-equipped to make the most of their ERP solution and contribute to the organization’s success.

Pricing and Licensing Models

money, home, coin

IFS does not publicly make pricing information available, requiring businesses to contact a company representative for a quote. However, IFS offers various pricing and licensing models, including perpetual license, SaaS subscription, and maintenance fees.

For IFS Cloud ERP software, named-user licensing approaches, subscription-based licensing, and perpetual licensing options are available. Depending on the chosen deployment method, cloud customers typically pay an annual subscription fee, including software, hosting, upgrades, and basic support. Licensing also depends on the number of users, their roles within the system, advanced modules, and third-party extensions.

When considering the pricing and licensing models for IFS Applications, it is important to consider any additional costs that should be considered for ongoing support and maintenance delivering enterprise software. By understanding the complete cost structure, businesses can make informed decisions on choosing the most suitable ERP solution for their needs.

Implementation and Support

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IFS provides implementation and maintenance management and support services to ensure the system’s successful deployment and ongoing use. During the planning and preparation phase of an IFS ERP implementation, key steps include identifying the business goals and objectives, defining the scope of the project, and forming a project team.

The go-live and post-implementation phase of an IFS ERP application implementation entails ensuring a seamless transition, dealing with any potential issues, and providing ongoing support and maintenance. Customers can obtain technical support for IFS Applications ERP through their implementation partner, who will raise a support ticket with IFS if they cannot resolve the issue.

By offering comprehensive implementation and support services, IFS ensures businesses can successfully deploy their ERP solution and fully leverage its capabilities to achieve their objectives. This level of assistance contributes to the implementation’s overall success and demonstrates IFS’s commitment to customer satisfaction.

Customer Reviews and Recognition

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IFS Applications has earned exceptional reviews and has been identified as a leader by Gartner Peer Insights and IDC MarketScape. Gartner has provided a positive review of IFS Cloud ERP, noting its strong functionality and capability to meet the needs of businesses across different sectors. On G2Crowd, 70 out of 86 reviews rate IFS Cloud with either 4 or 5 stars, showcasing high customer satisfaction with the product.

Customers implementing IFS ERP have reported streamlined operations, increased efficiency, greater flexibility, and customizable features. However, it has been noted that the learning curve is manageable, and the price tag may be considered high. Overall, IFS Applications has received overwhelmingly positive user feedback, demonstrating its effectiveness and value in the enterprise software market.

In addition to customer reviews, IFS Applications has also been recognized by the IDC MarketScape report on Cloud-Enabled ERP. It provides IT professionals, business executives, and the investment community with the necessary information to make informed decisions on technology purchases and business strategy. This recognition further establishes IFS ERP as a leading solution in the financial management industry.

Comparing IFS ERP with Competitors

When choosing an ERP solution, comparing IFS ERP with competitors like SAP, Oracle, Microsoft Dynamics, and Infor is crucial to determine which solution best meets your business needs. Each ERP system offers its own features, advantages, and pricing models, making it essential to consider your organization’s unique requirements when making a decision.

IFS ERP System provides a comprehensive suite of applications, a user-friendly interface, industry-specific solutions, flexibility and customization, cloud deployment and scalability, security and data protection, IFS Academy and training, pricing and licensing models, implementation and support, and customer reviews and recognition. These features and advantages make IFS ERP an ideal choice for businesses seeking a powerful and versatile ERP solution that fulfills their requirements.

However, it is important for businesses to consider how the software meets their own company needs rather than focusing exclusively on reviews. By thoroughly evaluating the features, capabilities, and pricing models of IFS ERP and its competitors, businesses can decide ifs enterprise software is the best ERP solution for their organization.

In conclusion, IFS ERP System stands out as a comprehensive and powerful ERP solution that provides many features and advantages, making it an ideal choice for businesses seeking an ERP solution that fulfills their requirements. By carefully considering their unique business needs and evaluating the offerings of IFS ERP and its competitors, organizations can select the most suitable solution to drive their success.


As we conclude our exploration of the IFS ERP System, it becomes evident that this powerful enterprise resource planning software offers businesses a comprehensive and complete solution for managing their operations, assets, and supply chain. With its unique features, industry-specific solutions, and cloud deployment options, IFS ERP is ideal for organizations looking to optimize their business processes and enhance their overall efficiency.

However, it’s important to remember that each organization has unique needs and requirements. Therefore, businesses should carefully consider how IFS ERP and its competitors align with their specific needs before deciding. By thoroughly evaluating the features, capabilities, and pricing models of IFS ERP and its competitors, businesses can decide on the best ERP solution for their organization.

In conclusion, IFS ERP System is a comprehensive and powerful ERP solution that provides many features and advantages, making it an ideal choice for businesses seeking an ERP solution that fulfills their requirements. By carefully considering their unique business needs and evaluating the offerings of IFS ERP and its competitors, organizations can select the most suitable solution to drive their success.

Frequently Asked Questions

What does IFS stand for in ERP?

IFS stands for Industrial and Financial Systems in the ERP market. It helps organizations achieve improved efficiency, customer service, and visibility with greater control over operations.

IFS Applications is an all-in-one ERP solution offering comprehensive business intelligence capabilities across multiple industries.

Is IFS an ERP system?

Yes, IFS is an ERP system. It offers a comprehensive suite of business software applications for enterprise resource planning (ERP), customer relationship management (CRM), enterprise asset management (EAM), supply chain management, and product lifecycle management (PLM).

With its flexible architecture and intuitive user interface, IFS Applications provides the tools to manage your entire business efficiently and effectively.

What is IFS in the operating system?

IFS in the operating system is an Installable File System (IFS) API allowing the system to access different file systems without being natively configured in a particular format. This enables applications to access specific storage segments and logical units such as files, directories, libraries, and objects.

What does IFS stand for in ERP?

IFS stands for Industrial and Financial Systems, one of the top ERP solutions today. This specialized system offers enterprise resource planning to help businesses streamline their operations and remain competitive.

With IFS, businesses can manage their finances, inventory, and customer relationships more efficiently. It also provides powerful analytics and reporting capabilities to help businesses make informed decisions. Additionally, IFS offers a range of services.


  • Fredrik Filipsson

    Fredrik Filipsson possesses 20 years of experience in Oracle license management. Having worked at Oracle for 9 years, he gained an additional 11 years of expertise in Oracle license consulting projects. Fredrik has provided assistance to over 150 organizations worldwide, ranging in size and tackling various Oracle licensing challenges, including Licensing Assessments, Oracle audits, Oracle ULAs, and more.