NetSuite vs IFS Cloud

Last Updated:

Our analysts compared NetSuite vs IFS Cloud based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

IFS Cloud Software Tool

Product Basics

NetSuite ERP is a cloud-based enterprise resource planning (ERP) solution designed to automate and streamline core business processes. It manages all aspects of a company's operations, including financials, accounting, inventory, supply chain, and customer relationship management (CRM). NetSuite is best suited for mid-sized and large businesses with complex needs who require a comprehensive solution to manage their growth. Key benefits include improved visibility, real-time data access, increased efficiency, and enhanced collaboration. Popular features include order management, project management, financial reporting, and business intelligence. User reviews praise NetSuite's scalability, flexibility, and ease of use. However, some users mention the initial implementation cost and learning curve as drawbacks. Pricing is tiered based on the number of users and modules required. Monthly subscription fees can range from $999 to $4,999 per month. Additionally, one-time implementation fees may apply.

Pros
  • Scalable
  • Flexible
  • Easy to use
  • Real-time data
  • Improved visibility
Cons
  • High cost
  • Steep learning curve
  • Limited customization
  • Integration issues
  • Vendor lock-in
read more...
IFS Cloud is a cloud-based ERP system designed to manage all aspects of a staffing agency's operations. It offers features for CRM, financials, payroll, time & attendance, talent acquisition, and more. IFS Cloud is most suited for medium to large staffing agencies that need a comprehensive solution to automate and streamline their processes. Some of the key benefits of using IFS Cloud include improved efficiency, increased profitability, and better customer service. Additionally, it offers popular features such as mobile access, real-time reporting, and integration with other business systems. User reviews suggest that IFS Cloud is a powerful and user-friendly system, but it can be expensive and complex to implement. IFS Cloud is typically priced on a per-user, per-month basis. The cost can vary depending on the size of the agency and the number of features required.

Pros
  • Streamlines processes
  • Improves efficiency
  • Increases profitability
  • Mobile access
  • Real-time reporting
Cons
  • Expensive
  • Complex to implement
  • Limited customization
  • Steep learning curve
  • Not ideal for small businesses
read more...
$999/User, Monthly
Get a free price quote
Tailored to your specific needs
Undisclosed
Free Trial is unavailable →
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Customization and visibility: The ability for clients to develop solutions that are tailored to their own business needs is a driving benefit of NetSuite ERP. The tool also provides visibility across workflows, which provides heightened transparency across departments. 
  • Built-in workflows: Built-in workflows are helpful because they allow for the automation or streamlining of various business tasks, therefore improving productivity. This benefit includes more accurate financial management and omnichannel engagement. 
  • Control over business processes: NetSuite ERP gives companies more control over business processes. For example, the program contains a supply chain portal that makes sure your customers benefit from the same experience, no matter where exactly they decide to convert within the sales funnel. 
  • Real-time insights: Real-time data is a key benefit that, when paired with NetSuite ERP’s personalized dashboards, can help your company develop insights more quickly. This can reduce the amount of time you spend filtering and sorting data to develop actionable solutions for your business. 
  • Easily accessible: NetSuite ERP is a cloud-based solution, meaning that as long as you have internet access, you can use it. This means you won’t have to be tied to your desktop computer to work with its suite of tools, which gives you the freedom to work where and when you want. 
  • Relatively low cost of ownership: Cost is an essential factor to consider when implementing an ERP solution, which is why NetSuite ERP seeks to lower its price by eliminating IT expenses (both initially and on an ongoing basis.) It also provides automatic updates so that you don’t have to pay extra for maintenance. 
read more...
  • Improved Efficiency: Automate manual tasks, streamline workflows, and boost productivity with the help of IFS Cloud's automation capabilities. Automate tasks like generating invoices, processing payroll, and sending out reports. Streamline workflows by consolidating data and processes into a single system. Boost productivity by giving employees easy access to the information they need to do their jobs.
  • Increased Profitability: Reduce costs, optimize resource allocation, and make data-driven decisions with IFS Cloud's insightful analytics and reporting features. Reduce costs by eliminating redundant processes and improving efficiency. Optimize resource allocation by using real-time data to make better decisions about where to allocate your resources. Make data-driven decisions by using insights from your data to identify trends and opportunities.
  • Enhanced Visibility: Gain real-time insights into your business performance with IFS Cloud's comprehensive reporting and analytics dashboards. Get a clear picture of your business performance with real-time dashboards that track key metrics. Drill down into the details with interactive reports that allow you to analyze your data in any way you want. Share insights with your team with easy-to-use reporting tools.
  • Improved Collaboration: Facilitate communication and teamwork across departments with IFS Cloud's centralized platform. Break down silos between departments with a single platform that everyone can access. Improve communication with built-in collaboration tools that make it easy to share information and work together on projects. Enhance teamwork with features that make it easy to assign tasks, track progress, and stay organized.
  • Scalability: Adapt to changing business needs and grow your staffing agency with IFS Cloud's flexible solution. Easily add users and modules as your business grows. Scale your system to meet the needs of your business, regardless of its size. Easily adapt your system to changing business needs with IFS Cloud's flexible architecture.
  • Compliance: Ensure adherence to industry regulations and legal requirements with IFS Cloud's built-in compliance features. Stay compliant with industry regulations with built-in features that help you meet all the requirements. Reduce the risk of non-compliance with automated processes that ensure you're always up to date on the latest regulations. Get peace of mind knowing that your data is secure and compliant with IFS Cloud's robust security features.
  • Reduced Risk: Minimize errors and improve data accuracy with IFS Cloud's automated processes. Eliminate the risk of human error with automated processes that handle all the repetitive tasks. Improve data accuracy with features that help you ensure your data is always correct and up to date. Reduce the risk of fraud and theft with IFS Cloud's robust security features.
  • Enhanced Customer Service: Deliver a better experience for candidates and clients with IFS Cloud's improved responsiveness and communication. Give candidates and clients a self-service portal where they can access the information they need. Improve responsiveness with features that make it easy to track and respond to inquiries quickly. Enhance communication with features that make it easy to share information and stay connected with candidates and clients.
  • Competitive Advantage: Gain a strategic edge in the market with IFS Cloud's advanced technology and capabilities. Differentiate yourself from the competition with IFS Cloud's innovative features and functionality. Attract and retain top talent with a modern and user-friendly system. Stay ahead of the curve with IFS Cloud's continuous innovation and commitment to providing the latest technology.
read more...
  • Sales Order Management: The sales order management tool provides automation that works to reduce manual errors and to speed up the billing and order management process. It is also integrated with other business functions such as finance and fulfillment. 
  • Source Management: This tool helps ensure compliance during the purchasing process through its centralized supply portal. It also has forecasting abilities that are able to recalculate predictions based on actual fluctuations. 
  • Warehouse Management: The warehouse management feature streamlines warehouse operations by decreasing overhead and cycle times. It can also improve rates of on-time delivery, therefore improving customer retention and ultimately boosting revenue. 
  • Production Management: The production management tool is integrated with CAD and PLM functionality. This feature assists in the development of quotes, tracking of contract renewals and cost estimation. 
  • Manufacturing Accounting: All of the basic features of accounting are present in this tool, from invoicing to forecasting. It can also help your company determine the amount of taxes you need to pay based on factors such as location and revenue. 
  • Transportation and Logistics: This tool is well-integrated with IoT functionality, as it lets you see in real-time where your transportation units are located. The logistic side of this tool provides inventory estimation based on historical data to help you decide what to order more of and what to order less of. 
read more...
  • Enterprise Resource Planning (ERP): Manage core business operations like financials, accounting, supply chain, and human resources.
  • Enterprise Asset Management (EAM): Track, manage, and optimize the performance of critical assets.
  • Service Management (SM): Provide efficient and effective service to customers.
  • Project Management (PM): Plan, execute, and track projects to ensure successful delivery.
  • Manufacturing Execution Systems (MES): Monitor and control manufacturing processes in real-time.
  • Mobile Access: Access IFS Cloud applications on the go from any device.
  • API Integration: Integrate IFS Cloud with other business systems to streamline workflows.
  • Real-time Reporting and Analytics: Gain insights into your business performance with real-time dashboards and reports.
  • Advanced Configuration: Tailor IFS Cloud to meet your specific business needs.
  • Security and Compliance: Ensure data security and compliance with industry regulations.
  • Scalability: Easily scale IFS Cloud as your business grows.
  • Multilingual Support: Support for multiple languages and currencies.
  • Industry-Specific Solutions: Tailored solutions for specific industries, such as Aerospace & Defense, Energy & Utilities, and Construction & Engineering.
  • Artificial Intelligence (AI) and Machine Learning (ML): Leverage AI and ML to automate tasks, predict outcomes, and make better decisions.
read more...

Product Ranking

#38

among all
ERP Software

#14

among all
ERP Software

Find out who the leaders are

Analyst Rating Summary

80
67
89
61
57
77
91
78
Show More Show More
Project Management
Finance and Accounting
Inventory Management
Customer Relationship Management
Analytics and Reporting
Service Management
Project Management
Human Resource Management
Order Management
Finance and Accounting

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

NetSuite
IFS Cloud
+ Add Product + Add Product
Analytics And Reporting Asset Management Customer Relationship Management Finance And Accounting Human Resource Management Inventory Management Manufacturing Order Management Procurement Project Management Service Management Supply Chain Management Warehouse Management 89 57 91 99 84 97 78 83 86 100 64 67 87 61 77 78 86 94 84 65 89 71 95 98 17 48 0 25 50 75 100
82%
6%
12%
53%
0%
47%
57%
0%
43%
71%
14%
15%
91%
0%
9%
82%
0%
18%
100%
0%
0%
87%
0%
13%
83%
0%
17%
92%
0%
8%
100%
0%
0%
82%
9%
9%
78%
0%
22%
61%
0%
39%
83%
0%
17%
92%
0%
8%
80%
0%
20%
70%
0%
30%
100%
0%
0%
100%
0%
0%
56%
11%
33%
100%
0%
0%
67%
0%
33%
17%
0%
83%
86%
0%
14%
41%
0%
59%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

64%
0%
36%
29%
0%
71%

User Sentiment Summary

Great User Sentiment 6448 reviews
Great User Sentiment 878 reviews
81%
of users recommend this product

NetSuite has a 'great' User Satisfaction Rating of 81% when considering 6448 user reviews from 5 recognized software review sites.

86%
of users recommend this product

IFS Cloud has a 'great' User Satisfaction Rating of 86% when considering 878 user reviews from 4 recognized software review sites.

4.9 (20)
n/a
4.0 (3489)
4.0 (251)
n/a
3.9 (30)
4.2 (1600)
n/a
4.4 (125)
4.5 (560)
4.0 (1214)
3.1 (37)

Awards

SelectHub research analysts have evaluated NetSuite and concluded it earns best-in-class honors for Finance and Accounting and Warehouse Management.

Finance and Accounting Award
Warehouse Management Award

we're gathering data

Synopsis of User Ratings and Reviews

Real-time data and visibility: Gain immediate insights into your business performance with real-time access to all your data.
Improved efficiency and automation: Automate routine tasks and streamline workflows to boost productivity across your organization.
Enhanced collaboration: Break down departmental silos and foster better communication across teams.
Scalability and flexibility: Adapt NetSuite to your unique needs and accommodate your business growth.
Comprehensive features: Manage all aspects of your business operations with a single platform.
Improved decision-making: Get data-driven insights to make informed and strategic decisions.
Strong customer support: Reliable support is available through multiple channels to ensure your success.
High security and compliance: Secure your data and meet industry regulations with robust security features.
Show more
Scalability and Flexibility: IFS Cloud's cloud-based architecture allows for easy scaling to accommodate business growth and changing needs.
Improved Visibility and Insights: Real-time data and powerful analytics tools provide comprehensive insights into business performance.
Reduced IT Costs: Eliminates the need for on-premise hardware and software, reducing IT infrastructure costs.
Enhanced Collaboration: Cloud-based platform facilitates collaboration and communication between teams and departments.
Increased Security: IFS Cloud leverages robust security features and regular updates to ensure data protection.
Show more
High cost: NetSuite's initial implementation and ongoing maintenance fees can be significant, especially for small businesses.
Steep learning curve: The platform's extensive features require significant training and user adoption efforts.
Limited customization options: While customizable, NetSuite requires technical expertise and can be costly compared to competitors.
Vendor lock-in concerns: Switching to a different ERP provider can be challenging due to potential data migration issues and dependence on NetSuite's proprietary features.
Integration challenges with certain applications: While NetSuite offers pre-built integrations, connecting with niche or less popular applications might require complex manual data entry or third-party solutions.
Show more
Limited Customization: IFS Cloud offers less customization compared to on-premise ERP solutions.
Integration Challenges: Integrating IFS Cloud with existing systems can be complex and require additional resources.
Vendor Lock-in: Switching to a different ERP solution from IFS Cloud can be difficult and costly.
Learning Curve: The user interface and features of IFS Cloud may require a steeper learning curve compared to other ERP solutions.
Limited Offline Functionality: Some features and functionalities may require an internet connection.
Show more

User reviews for NetSuite ERP paint a mixed picture, highlighting both its strengths and weaknesses. Many users praise its comprehensive features and real-time data visibility, reporting improvements in efficiency and collaboration. One user commented, "NetSuite has transformed our business by automating tedious tasks and providing us with a single source of truth for all our data." Another added, "The collaboration features are fantastic – we can now work together seamlessly across different departments, which has boosted productivity significantly." However, users also raise concerns about the complexity of the platform and its high cost. Some find the learning curve steep and the customization options limited compared to competitors like SAP Business One and Microsoft Dynamics 365. One user noted, "NetSuite was initially overwhelming for our team due to its complexity. We had to invest heavily in training just to get started." Another commented, "The cost was a major barrier for us. We found other ERP solutions that offered similar features at a fraction of the price." The issue of vendor lock-in is another recurring concern among users. Switching to a different ERP system can be challenging due to data migration issues and dependence on NetSuite's proprietary features. One user expressed their apprehension, "We're worried about getting locked into NetSuite's ecosystem. Switching to another provider seems like a huge headache." Overall, user reviews suggest that NetSuite ERP is a powerful and feature-rich solution but comes with a steep learning curve and high cost. While it may be the perfect fit for large organizations with complex needs and significant resources, smaller businesses might find it overwhelming and expensive. When evaluating NetSuite, it's crucial to carefully consider your specific needs, budget, and technical expertise before making a decision.

Show more

User reviews paint a mixed picture of IFS Cloud. While praised for its scalability and flexibility, users often find it less customizable than competitors like SAP and Oracle. Real-time data and powerful analytics receive high marks, with one user noting, "IFS Cloud finally gave us the insights we needed to optimize our supply chain." Conversely, others report integration challenges with existing systems, highlighting the trade-off cloud-based solutions often present. Despite concerns about vendor lock-in, many users appreciate the reduced IT costs and enhanced collaboration facilitated by IFS Cloud's cloud architecture. One reviewer commented, "After switching to IFS Cloud, our team communication improved dramatically, boosting overall productivity." However, the learning curve is steeper than with some competitors, and some users find the interface less user-friendly. The limited offline functionality is another point of contention, particularly for businesses with unreliable internet access. Overall, IFS Cloud appears best suited for businesses seeking a scalable, secure ERP solution with robust analytics who are willing to invest time in user training and integration. While it may not offer the same level of customization as its on-premise counterparts, the reduced IT costs and improved collaboration can be significant advantages for many organizations.

Show more

Screenshots

Top Alternatives in ERP Software


Acumatica

Cetec ERP

DELMIAworks

Dynamics 365 ERP

Epicor Kinetic

IFS Cloud

Infor M3

Odoo

Oracle Fusion Cloud

Priority ERP

Rootstock

S2K Enterprise

Sage 300 Cloud

SAP Business ByDesign

SAP Business One

SAP S/4HANA Cloud

SYSPRO

SyteLine

Visibility ERP

Related Categories

Show more

Head-to-Head Comparison

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
Table settings