What is IFS Applications?
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:
Categories & Use Cases
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Top Performing Features
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Category average: 8.3
Project Planning and Scheduling
Interactive Gantt chart for establishing tasks, durations, and delivery schedule
Category average: 6.7
Award Lifecycle Management
Manage the life of program funding awards from initial funding to close-out
Category average: 7.2
Areas for Improvement
Capital Project Management
Track and manage capital asset costs
Category average: 7.6
Customer Contract Compliance
Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms
Category average: 8.1
Project Revenue Recognition
Recognize project contract revenue in line with accounting policies and regulations
Category average: 7.8






