IFS Cloud Platform vs Oracle Fusion Cloud ERP comparison

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3,347 views|2,176 comparisons
86% willing to recommend
Oracle Logo
2,681 views|2,020 comparisons
97% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IFS Cloud Platform and Oracle Fusion Cloud ERP based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.
To learn more, read our detailed ERP Report (Updated: June 2024).
772,679 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The product is quite flexible.""IFS Applications' best feature is the user-friendly interface that has a .NET Framework application in the front end and an Oracle database and WebLogic middleware.""I like the connectivity and interfaces. In V10, it's easy to modify the interfaces and layouts, but it's becoming more complicated in the cloud. IFS is excellent at asset maintenance and incident management. They have specialized modules for IFS that cover incident and asset management and everything else connected to finance. The reporting in IFS is also easy to use.""The best feature is the maintenance module, which is essentially an industry-specific workflow designed with a manufacturing module as per industry standards. It's very precise and specific without having complex functionalities. It's straightforward. Field Service Management is definitely a wonderful product that IFS has developed because it caters to field services. The energy and utility sectors can answer their business needs using the software.""IFS has been completely rebuilt, modernized, and cloud-based so we don't need bulky software installations.""The main reason for the ERP project was to bring together our fourteen sites, which had until then worked in separate silos.""The workflow of the solution is very good.""The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users."

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"The best part of Oracle ERP Cloud is that everything can be found in a single place.""It's easy to deploy, and we don't have to worry about upgrading anything.""The solution is user-friendly with a good integration layer.""The product has good functionality.""The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market.""Oracle ERP Cloud is a well-established and well-known product that is cost-effective for the customer.""I use Oracle ERP Cloud for implementation support.""It provides our management a real-time view of operations."

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Cons
"The user interface can be improved. When you're clicking through the screens, there are some icons or symbols that really need updating and would be more useful and noticeable if they are aesthetically pleasing.""There were initial difficulties when I started using the application.""The next version has already been released, and some of the technical things are a little bit behind the curve in development. This is specifically security, maintenance, security role maintenance, and creation. This is in their new product, called IFS Cloud.""The solution needs to improve its documentation and user-friendliness.""Some kind of bot assistance, some kind of artificial intelligence to help people solve the problems, would be interesting.""Customization needs to be improved.""The support provided by IFS Applications has room for improvement. I'm based in Poland, and when my company had an issue, finding people from IFS to give my company the support it needed was difficult.""Sometimes from the sales perspective, clients don't always fully understand how large a task or a project they're getting involved in when they decide, "We're going to switch across to IFS." They could probably do a little bit more, maybe around preparing people for these projects."

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"The expenses mobile app calculates different mileages than the URL version.""The solution's new analytics information, dashboard, and flexibility of reporting could be improved.""The interface could be improved in future releases.""I would like to see Oracle improve the automation of data entry.""I would like to improve the tool’s budgeting and reporting. I know that Oracle is working on the tool’s analytics part so I expect the analytical feature in its future releases.""UI is not very presentable for a cloud solution.""Technical support is good, however, sometimes we do need to wait for an answer.""We have had concerns about the security and flexibility of the application. The approach with Oracle ERP Cloud should be more holistic rather than user or computer-based."

More Oracle Fusion Cloud ERP Cons →

Pricing and Cost Advice
  • "It is better to buy implementation services from IFS than from partners"
  • "Licensing is on an annual basis, with no additional costs."
  • "Ask for all-inclusive pricing, as they are pretty flexible if you ask for custom models."
  • "Pricing is an area that could be improved. They could be more competitive."
  • "IFS Applications is expensive software, but it's on par with SAP and Oracle. It's for large enterprises and government entities and not for small and medium-sized enterprises. They have one licensing model, but if you want to have a module-specific license, they provide component-based licenses. Unlike SAP and Oracle, it doesn't have different levels of licensing. It's one level of licensing."
  • "There's an additional yearly cost for support."
  • "There are varying license levels that you can purchase."
  • "IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."
  • More IFS Cloud Platform Pricing and Cost Advice →

  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be used for various use cases with thousands of users.
    Top Answer:IFS Cloud Platform is not a cheap solution, and it is an extremely functional one. I consider it to be a well-priced solution compared to other mid-range or high-end ERP solutions. From a price… more »
    Top Answer:I think that with the latest version of the product in the cloud, the user experience is very good since it is highly configurable and very capable software. I have seen that one of the areas that my… more »
    Top Answer:The user interface is the best feature.
    Top Answer:I'm not aware of the Oracle Fusion Cloud ERP pricing details because I don't have information about it before deployment.
    Top Answer:The ability to customize must be improved. The tool must enable users to customize the reports.
    Ranking
    9th
    out of 68 in ERP
    Views
    3,347
    Comparisons
    2,176
    Reviews
    15
    Average Words per Review
    861
    Rating
    7.9
    2nd
    out of 18 in Cloud ERP
    Views
    2,681
    Comparisons
    2,020
    Reviews
    20
    Average Words per Review
    392
    Rating
    8.2
    Comparisons
    Also Known As
    IFS Applications, Assyst, IFS Cloud
    Learn More
    Overview

    IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers – at the Moment of Service​​​​​​​. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • Sample Customers
    Carlsberg, Pukka, Aston Martin, Sky, China Airlines, Cimcorp, Mini, Pepsi.
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    Top Industries
    REVIEWERS
    Manufacturing Company46%
    Educational Organization15%
    Training & Coaching Company8%
    Aerospace/Defense Firm8%
    VISITORS READING REVIEWS
    Computer Software Company18%
    Manufacturing Company11%
    Government7%
    Comms Service Provider6%
    REVIEWERS
    Computer Software Company33%
    University11%
    Financial Services Firm11%
    Energy/Utilities Company11%
    VISITORS READING REVIEWS
    Educational Organization41%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business38%
    Midsize Enterprise34%
    Large Enterprise28%
    VISITORS READING REVIEWS
    Small Business23%
    Midsize Enterprise18%
    Large Enterprise60%
    REVIEWERS
    Small Business41%
    Midsize Enterprise16%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise46%
    Large Enterprise40%
    Buyer's Guide
    ERP
    June 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: June 2024.
    772,679 professionals have used our research since 2012.

    IFS Cloud Platform is ranked 9th in ERP with 29 reviews while Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 35 reviews. IFS Cloud Platform is rated 7.8, while Oracle Fusion Cloud ERP is rated 8.2. The top reviewer of IFS Cloud Platform writes "Robust, customizable, and modern". On the other hand, the top reviewer of Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". IFS Cloud Platform is most compared with SAP ERP, SAP S/4HANA, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central and IBM Maximo, whereas Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, PeopleSoft, JD Edwards EnterpriseOne and SAP Business One.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.