IFS Applications vs. Syncron Inventory

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Syncron Inventory
Score 7.0 out of 10
N/A
Syncron offers a fully integrated solution stack for the optimization of service parts Inventory, Price, and Uptime – all with MasterData and Analytics at its core.N/A
Pricing
IFS ApplicationsSyncron Inventory
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsSyncron Inventory
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
IFS ApplicationsSyncron Inventory
Features
IFS ApplicationsSyncron Inventory
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
2.6
Ratings
94% below category average
Syncron Inventory
-
Ratings
Pay calculation4.00 Ratings00 Ratings
Benefit plan administration4.00 Ratings00 Ratings
Direct deposit files3.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.5
Ratings
11% above category average
Syncron Inventory
-
Ratings
API for custom integration8.50 Ratings00 Ratings
Plug-ins8.50 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.7
Ratings
17% above category average
Syncron Inventory
-
Ratings
Single sign-on capability10.00 Ratings00 Ratings
Role-based user permissions9.50 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
7.8
Ratings
8% above category average
Syncron Inventory
-
Ratings
Dashboards7.00 Ratings00 Ratings
Standard reports7.50 Ratings00 Ratings
Custom reports9.00 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.4
Ratings
4% below category average
Syncron Inventory
-
Ratings
Accounts payable9.00 Ratings00 Ratings
Accounts receivable9.00 Ratings00 Ratings
Global Financial Support9.00 Ratings00 Ratings
Primary and Secondary Ledgers8.50 Ratings00 Ratings
Journals and Reconciliations8.00 Ratings00 Ratings
Configurable Accounting8.50 Ratings00 Ratings
Standardized Processes9.00 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.6
Ratings
8% above category average
Syncron Inventory
-
Ratings
Inventory tracking8.50 Ratings00 Ratings
Automatic reordering9.00 Ratings00 Ratings
Location management9.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
5.4
Ratings
37% below category average
Syncron Inventory
-
Ratings
Pricing8.00 Ratings00 Ratings
Order entry8.50 Ratings00 Ratings
Credit card processing6.00 Ratings00 Ratings
Cost of goods sold6.50 Ratings00 Ratings
Order Orchestration6.50 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.4
Ratings
75% below category average
Syncron Inventory
-
Ratings
Billing Management6.50 Ratings00 Ratings
Cash and Asset Management7.50 Ratings00 Ratings
Travel & Expense Management7.50 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting6.50 Ratings00 Ratings
Period Close8.50 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
Ratings
95% below category average
Syncron Inventory
-
Ratings
Budgeting and Forecasting3.00 Ratings00 Ratings
Project Costing6.00 Ratings00 Ratings
Cost Capture5.00 Ratings00 Ratings
Capital Project Management2.00 Ratings00 Ratings
Customer Contract Compliance2.00 Ratings00 Ratings
Project Revenue Recognition2.00 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
3.6
Ratings
62% below category average
Syncron Inventory
-
Ratings
Project Planning and Scheduling10.00 Ratings00 Ratings
Task Insight for Project Managers9.00 Ratings00 Ratings
Project Mobile Functionality8.00 Ratings00 Ratings
Definable Resource Pools8.00 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
10.0
Ratings
30% above category average
Syncron Inventory
-
Ratings
Award Lifecycle Management10.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.3
Ratings
71% below category average
Syncron Inventory
-
Ratings
Bids Analyzed and Compared8.00 Ratings00 Ratings
Contract Authoring7.00 Ratings00 Ratings
Contract Repository7.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.50 Ratings00 Ratings
Supplier Management9.50 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.6
Ratings
35% below category average
Syncron Inventory
-
Ratings
Risk Repository8.00 Ratings00 Ratings
Control Management8.50 Ratings00 Ratings
Control Efficiency Assessments8.00 Ratings00 Ratings
Issue Detection6.00 Ratings00 Ratings
Remediation and Certification7.00 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
6.3
Ratings
6% below category average
Syncron Inventory
-
Ratings
Transportation Planning and Optimization7.00 Ratings00 Ratings
Transportation Execution Management7.00 Ratings00 Ratings
Trade and Customs Management6.00 Ratings00 Ratings
Fulfillment Management5.00 Ratings00 Ratings
Warehouse Workforce Management8.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.2
Ratings
18% below category average
Syncron Inventory
-
Ratings
Production Process Design8.50 Ratings00 Ratings
Production Management8.00 Ratings00 Ratings
Configuration Management7.50 Ratings00 Ratings
Work Execution8.50 Ratings00 Ratings
Manufacturing Costs9.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.5
Ratings
18% above category average
Syncron Inventory
-
Ratings
Forecasting7.50 Ratings00 Ratings
Inventory Planning9.00 Ratings00 Ratings
Performance Monitoring9.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Applications
4.2
Ratings
52% below category average
Syncron Inventory
-
Ratings
Proposal Management7.50 Ratings00 Ratings
Product Master Data Management7.50 Ratings00 Ratings
Supply Chain Planning
Comparison of Supply Chain Planning features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
4.9
Ratings
40% below category average
Custom alerts00 Ratings6.00 Ratings
Scenario-based planning00 Ratings4.00 Ratings
Resource optimization00 Ratings6.00 Ratings
Supply forecasting00 Ratings3.00 Ratings
Capacity estimation00 Ratings5.00 Ratings
Employee allocation00 Ratings3.00 Ratings
Supply network coordination00 Ratings7.00 Ratings
Procurement Management
Comparison of Procurement Management features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
6.8
Ratings
8% below category average
Raw material sourcing00 Ratings6.00 Ratings
Supply market analysis00 Ratings5.00 Ratings
Cost analysis00 Ratings8.00 Ratings
Expense Logging00 Ratings8.00 Ratings
Order Fulfillment Management
Comparison of Order Fulfillment Management features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
5.8
Ratings
30% below category average
Order fulfillment optimization00 Ratings4.00 Ratings
Return services00 Ratings6.00 Ratings
Purchase order generation00 Ratings5.00 Ratings
Purchase order tracking00 Ratings8.00 Ratings
Supplier delivery scheduling00 Ratings5.00 Ratings
Pricing and product configurations generation00 Ratings7.00 Ratings
Logistics and Transportation Management
Comparison of Logistics and Transportation Management features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
5.8
Ratings
23% below category average
Packaging00 Ratings6.00 Ratings
Delivery planning00 Ratings5.00 Ratings
Route optimization00 Ratings8.00 Ratings
Shipping performance00 Ratings4.00 Ratings
Fleet management00 Ratings6.00 Ratings
Warehouse & Inventory Management
Comparison of Warehouse & Inventory Management features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
6.2
Ratings
24% below category average
Automation of warehouse operations00 Ratings6.00 Ratings
Inventory storage00 Ratings7.00 Ratings
Stock monitoring00 Ratings6.00 Ratings
Inventory tracking00 Ratings5.00 Ratings
Warehouse asset management00 Ratings8.00 Ratings
Inventory and price forecasting00 Ratings5.00 Ratings
Demand Management
Comparison of Demand Management features of Product A and Product B
IFS Applications
-
Ratings
Syncron Inventory
5.7
Ratings
25% below category average
Demand signal sensing00 Ratings6.00 Ratings
Demand forecasting00 Ratings4.00 Ratings
Customer analytics00 Ratings6.00 Ratings
Inventory stock optimization00 Ratings6.00 Ratings
Sales and operations planning00 Ratings7.00 Ratings
Pricing and promotion tracking00 Ratings5.00 Ratings
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IFS ApplicationsSyncron Inventory
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User Ratings
IFS ApplicationsSyncron Inventory
Likelihood to Recommend
8.0
(0 ratings)
6.0
(0 ratings)
Usability
8.0
(0 ratings)
-
(0 ratings)
Support Rating
1.0
(0 ratings)
-
(0 ratings)
User Testimonials
IFS ApplicationsSyncron Inventory
Likelihood to Recommend
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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Syncron gets you targeted customers for your products. It hits the right audience. The global price management feature is unique and up to mark on various factors, for example, region, products, etc. It offers a relaxed culture and great customers and is fully remote. It is basically a strong and strategic organization that has an eye on the present and future for the benefit of users.
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Pros
  • Accounting
  • Finance
  • Complex Inventory
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  • Price management
  • Better price on various factors.
  • Fully remote
  • Get you targeted customers
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Cons
  • 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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  • Report analysis.
  • Must be able to multitask.
  • Burnout is a big factor.
  • Mediocre support from management.
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Usability
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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No answers on this topic
Support Rating
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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No answers on this topic
Alternatives Considered
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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No answers on this topic
Return on Investment
  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
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  • Career advancement opportunities.
  • Hits the targeted audience.
  • Many level of mangement.
  • Slow to move.
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ScreenShots

IFS Applications Screenshots

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