IQMS Enterprise IQ vs Infor M3 comparison

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4,236 views|3,358 comparisons
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Comparison Buyer's Guide
Executive Summary

We performed a comparison between Infor M3 and IQMS Enterprise IQ 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: March 2024).
765,234 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 most valuable feature of this solution is the Infor GL tool that allows us to do our application support and development.""The most valuable feature of Infor M3 is the level of detail it has about the different manufacturing processes compared to other ERP solutions. Other ERP solutions provide the same level of integration as Infor M3, but Infor M3 specializes in several functions, such as planning and manufacturing.""The user interface and user experience were good.""Infor M3 has tailor-made packages for each and every industry.""It's very stable, and it handles all types of industrial and manufacturing businesses in very good ways. I've found it to be easy.""Infor comes up with different tools every year, and they are all compatible with Infor M3, which makes it a more reliable and trustworthy tool. The integration is very smooth.""M3 has several useful features for managing supply chains, production, and customer orders. It's an excellent system that helps me meet all my requirements for fixed costs.""The most valuable feature of the solution is that it is highly customizable."

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"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

More IQMS Enterprise IQ Pros →

Cons
"An area for improvement in Infor M3 is training. There should be more training resources available for clients. Clients also find it challenging to get consultants or integrators for Infor M3. The product doesn't have enough resources in the market to help clients.""We can't make modifications to fit the client's requirements.""It should be improved in terms of procurement of the supply chain and business intelligence analysis. We have the Infor BI tool, but it's more complex to use than, for example, Power Pivot or QlikView in the market.""The solution is stable but not agile.""The solution's technical support is an area with shortcomings that need improvement, especially the support for the product named M3 rather than the support offered by Infor as an organization.""The solution must provide more learning documents.""The implementation could be simplified, it's complex.""Infor should create one product to handle the whole business. At present, they make ERP systems for each type of business, and then sell additional features. I would like to have one system handing all organizations or all the business in deep ways and not have to buy additional features."

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"Setup is very complex."

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Pricing and Cost Advice
  • "There is a yearly licensing cost. The price is based on the modules you need. There are several modules, such as HR module, accounting module, sales module, scheduling module, etc., and the price will vary depending on the number of modules you choose. The customers always say that it's very expensive. It can cost a lot of money if your organization is huge. It's not implemented in a lot of organizations in my country because it's too expensive."
  • "Infor M3 is a tier-two product and is cheaper than tier-one products such as SAP and Oracle. However, it is more expensive than some other tier-two products. The licensing cost is dependent on the number of users. Also, if you purchase other tools from Infor as a package, then there may be other discounts offered."
  • "The cost is between $50 and $100 per user annually."
  • "I'm not part of the team that manages Infor M3 pricing, but it depends on the client, integration, ship-out, and training levels. You get the price from the solution provider, but it would be best to discuss it because nothing is set in stone regarding pricing."
  • "If you compare Infor M3 to SAP, Infor M3 is less expensive than SAP, but if you compare Infor M3 to Dynamics 365, Infor M3 is more expensive. It also depends on the model that you buy. It depends on whether you have the complete package or whether you have separate models."
  • "The tool’s licensing is yearly."
  • More Infor M3 Pricing and Cost Advice →

  • "We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
  • More IQMS Enterprise IQ Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The user interface and user experience were good.
    Top Answer:The solution must provide more learning documents. Researching and going through the configuration takes a lot of time. I took a lot of time on how to find the portals. It would be nice if more… more »
    Top Answer:We used the product for warehouse management.
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Top Answer:We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months.
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Ranking
    12th
    out of 66 in ERP
    Views
    4,236
    Comparisons
    3,358
    Reviews
    9
    Average Words per Review
    685
    Rating
    8.4
    22nd
    out of 66 in ERP
    Views
    703
    Comparisons
    349
    Reviews
    1
    Average Words per Review
    472
    Rating
    8.0
    Comparisons
    Also Known As
    Infor Lawson M3, Lawson M3
    Enterprise IQ
    Learn More
    IQMS
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    Overview

    Infor M3 offers ultimate flexibility in operations, technology, and scale. As a multi-site, multi-country, and multi-company solution, M3 empowers your organization to adapt to changing business needs. It provides flexibility in managing mixed-mode and complex environments, with the agility to make quick adjustments at any time. Written in Java, M3 also gives you platform independence and choice.

    IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.
    Sample Customers
    Grosfillex, High Five Sportswear, L_derach, OTK Group, PHS Group, Propper International, Red Wing Shoe Company, Reynolds Catering Supplies, Saudi Diesel, Sheetz, Zeppelin, Zodiac Aerospace
    Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company14%
    Manufacturing Company11%
    Retailer6%
    Wholesaler/Distributor6%
    VISITORS READING REVIEWS
    Manufacturing Company16%
    Healthcare Company13%
    Computer Software Company12%
    Construction Company8%
    Company Size
    REVIEWERS
    Small Business36%
    Midsize Enterprise36%
    Large Enterprise27%
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise16%
    Large Enterprise57%
    VISITORS READING REVIEWS
    Small Business32%
    Midsize Enterprise19%
    Large Enterprise48%
    Buyer's Guide
    ERP
    March 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    Infor M3 is ranked 12th in ERP with 12 reviews while IQMS Enterprise IQ is ranked 22nd in ERP with 1 review. Infor M3 is rated 8.2, while IQMS Enterprise IQ is rated 8.0. The top reviewer of Infor M3 writes "The solution is a reliable, stable, and cost-saving ERP". On the other hand, the top reviewer of IQMS Enterprise IQ writes "Allows customization for production and has good sales, distribution, and quality management features". Infor M3 is most compared with SAP ERP, Infor LN, SAP S/4HANA, Infor CloudSuite Industrial and Microsoft Dynamics 365 Business Central, whereas IQMS Enterprise IQ is most compared with SAP ERP, Oracle E-Business Suite, JD Edwards EnterpriseOne and Microsoft Dynamics 365 Business Central.

    See our list of best ERP vendors.

    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.