Fiserv Prologue Financials vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Prologue Financials
Score 1.0 out of 10
N/A
Prologue Financials from Fiserv, a fully integrated accounting solution, features enhanced, built-in automation and controls and a newly designed user interface, enabling users to increase the efficiency of financial accounting processes.N/A
IFS Applications
Score 8.0 out of 10
N/A
IFS Applications is presented by the vendor as an agile application suite that offers enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise project management, handling 4 core processes: Service & Asset Management Full Enterprise Asset Management (EAM), Maintenance Repair and Overhaul (MRO) and Field Service Management (FSM) Manufacturing Enterprise Resource Planning (ERP) with support for process manufacturing, discrete manufacturing…N/A
Pricing
Fiserv Prologue FinancialsIFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Prologue FinancialsIFS Applications
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Fiserv Prologue FinancialsIFS Applications
Features
Fiserv Prologue FinancialsIFS Applications
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
15% above category average
IFS Applications
2.6
Ratings
94% below category average
Pay calculation9.00 Ratings4.00 Ratings
Benefit plan administration9.00 Ratings4.00 Ratings
Direct deposit files9.00 Ratings3.00 Ratings
Salary revision and increment management9.00 Ratings00 Ratings
Reimbursement management9.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
16% above category average
IFS Applications
8.5
Ratings
11% above category average
API for custom integration9.00 Ratings8.50 Ratings
Plug-ins9.00 Ratings8.50 Ratings
Security
Comparison of Security features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
8% above category average
IFS Applications
9.7
Ratings
17% above category average
Single sign-on capability9.00 Ratings10.00 Ratings
Role-based user permissions9.00 Ratings9.50 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
13% above category average
IFS Applications
7.8
Ratings
8% above category average
Dashboards9.00 Ratings7.00 Ratings
Standard reports9.00 Ratings7.50 Ratings
Custom reports9.00 Ratings9.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
15% above category average
IFS Applications
7.4
Ratings
4% below category average
Accounts payable9.00 Ratings9.00 Ratings
Accounts receivable9.00 Ratings9.00 Ratings
Cash management9.00 Ratings00 Ratings
Bank reconciliation9.00 Ratings00 Ratings
Expense management9.00 Ratings00 Ratings
Time tracking9.00 Ratings00 Ratings
Fixed asset management9.00 Ratings00 Ratings
Multi-currency support9.00 Ratings00 Ratings
Multi-division support9.00 Ratings00 Ratings
Regulations compliance9.00 Ratings00 Ratings
Electronic tax filing9.00 Ratings00 Ratings
Self-service portal9.00 Ratings00 Ratings
Global Financial Support9.00 Ratings9.00 Ratings
Primary and Secondary Ledgers9.00 Ratings8.50 Ratings
Intercompany Accounting9.00 Ratings00 Ratings
Localizations9.00 Ratings00 Ratings
Journals and Reconciliations9.00 Ratings8.00 Ratings
Enterprise Accounting9.00 Ratings00 Ratings
Configurable Accounting9.00 Ratings8.50 Ratings
Centralized Rules Framework9.00 Ratings00 Ratings
Standardized Processes9.00 Ratings9.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
20% above category average
IFS Applications
8.6
Ratings
8% above category average
Inventory tracking9.00 Ratings8.50 Ratings
Automatic reordering9.00 Ratings9.00 Ratings
Location management9.00 Ratings9.00 Ratings
Manufacturing module9.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Fiserv Prologue Financials
9.0
Ratings
15% above category average
IFS Applications
5.4
Ratings
37% below category average
Pricing9.00 Ratings8.00 Ratings
Order entry9.00 Ratings8.50 Ratings
Credit card processing9.00 Ratings6.00 Ratings
Cost of goods sold9.00 Ratings6.50 Ratings
Order Orchestration9.00 Ratings6.50 Ratings
End-to-end order visibility9.00 Ratings00 Ratings
Order exception Resolution9.00 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
3.4
Ratings
75% below category average
Billing Management00 Ratings6.50 Ratings
Cash and Asset Management00 Ratings7.50 Ratings
Travel & Expense Management00 Ratings7.50 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings6.50 Ratings
Period Close00 Ratings8.50 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
2.7
Ratings
95% below category average
Budgeting and Forecasting00 Ratings3.00 Ratings
Project Costing00 Ratings6.00 Ratings
Cost Capture00 Ratings5.00 Ratings
Capital Project Management00 Ratings2.00 Ratings
Customer Contract Compliance00 Ratings2.00 Ratings
Project Revenue Recognition00 Ratings2.00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
3.6
Ratings
63% below category average
Project Planning and Scheduling00 Ratings10.00 Ratings
Task Insight for Project Managers00 Ratings9.00 Ratings
Project Mobile Functionality00 Ratings8.00 Ratings
Definable Resource Pools00 Ratings8.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
10.0
Ratings
30% above category average
Award Lifecycle Management00 Ratings10.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
3.3
Ratings
71% below category average
Bids Analyzed and Compared00 Ratings8.00 Ratings
Contract Authoring00 Ratings7.00 Ratings
Contract Repository00 Ratings7.00 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.50 Ratings
Supplier Management00 Ratings9.50 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
4.6
Ratings
35% below category average
Risk Repository00 Ratings8.00 Ratings
Control Management00 Ratings8.50 Ratings
Control Efficiency Assessments00 Ratings8.00 Ratings
Issue Detection00 Ratings6.00 Ratings
Remediation and Certification00 Ratings7.00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
6.3
Ratings
6% below category average
Transportation Planning and Optimization00 Ratings7.00 Ratings
Transportation Execution Management00 Ratings7.00 Ratings
Trade and Customs Management00 Ratings6.00 Ratings
Fulfillment Management00 Ratings5.00 Ratings
Warehouse Workforce Management00 Ratings8.00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
6.2
Ratings
18% below category average
Production Process Design00 Ratings8.50 Ratings
Production Management00 Ratings8.00 Ratings
Configuration Management00 Ratings7.50 Ratings
Work Execution00 Ratings8.50 Ratings
Manufacturing Costs00 Ratings9.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
8.5
Ratings
18% above category average
Forecasting00 Ratings7.50 Ratings
Inventory Planning00 Ratings9.00 Ratings
Performance Monitoring00 Ratings9.00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Fiserv Prologue Financials
-
Ratings
IFS Applications
4.2
Ratings
52% below category average
Proposal Management00 Ratings7.50 Ratings
Product Master Data Management00 Ratings7.50 Ratings
Best Alternatives
Fiserv Prologue FinancialsIFS Applications
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Fiserv Prologue FinancialsIFS Applications
Likelihood to Recommend
1.0
(0 ratings)
8.0
(0 ratings)
Usability
9.0
(0 ratings)
8.0
(0 ratings)
Support Rating
9.0
(0 ratings)
1.0
(0 ratings)
User Testimonials
Fiserv Prologue FinancialsIFS Applications
Likelihood to Recommend
If I could give this program a zero I would. In my experience, it is horrible to work on and it has caused my staff to lose productivity rather than improve it.
Read full review
Not every Enterprise Resource Planning (ERP) System does not cover all the industry verticals and all the functionalities and requirements for a specific industry as built-in features. Although IFS Applications does not completely cover all the requirements and all the industry verticals, it can be implemented for any industrial company with minimum configurations and customization, which is very good when implementing an ERP system. Since it supports web and mobile versions of the application as well, the users ind it easy to use.
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Pros
  • In my opinion, nothing is done well. I hate this program with an extreme passion.
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  • Accounting
  • Finance
  • Complex Inventory
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Cons
  • Support is only available within business hours.
  • No free trials.
  • Takes time to implement during initial stages.
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  • Project Budget control other than Procurement
  • Customer Advance settlement process should be Manual rather then Auto Adjustment
  • IFS GSO Support should be more proactive
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Usability
Powerful tool that helps us to automate and to streamline our accounting processes and helps to deliver reliable and accurate accessible information that is crucial to the performance of our organization. Its easy to customize and to create financial reports of any kind from the GL and its ability to manipulate data through the system is amazing.
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In overall, the companies get many advantages, where we can forget most of the things which can be considered for room for improvement. The user interface is good. It supports mobile versions an has several mobile applications for specific areas with Android, IOS and Windows versions. It allows several deployment options such as remote hosting, IFS Cloud hosting and on-premise hosting of the servers. IFS Applications can be easily and safely integrated with other systems.
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Support Rating
It provides us with a fully integrated accounting management solution with effective account payables and investment portfolio accounting. It helps us to automate and to streamline our accounting processes and it allows us to create custom financial reports easily enabling faster reports with accurate financial accounting data.
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We have been unable to get answers to our questions, solutions to our problems, and they don't seem interested in working in the construction industry.
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Alternatives Considered
Fiserv Prologue Financials is easily available and deployed in Mac and Windows and allows our financial controllers to create simple custom reports that enable them to report faster with accurate financial data. Great product that provides us with excellent cash management and payment management processes.
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Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP. We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their feedback. The project manager team and qualification level of technical or consultant teams were differentiating factors too. Finally IFS application was named in the Gartner’s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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Return on Investment
  • Instant correction to errors.
  • Real-time financial data.
  • Automatic journal entry reversals.
  • Detailed audit trails that allows effective tracking.
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  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
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ScreenShots

IFS Applications Screenshots

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