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IFS Applications

Score8 out of 10

37 Reviews and Ratings

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:

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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

Who Buys & Uses IFS Applications