IFS Cloud is a versatile and user-friendly ERP software that offers significant advantages in terms of flexibility, stability, and ease of use. It stands out for its low-code/no-code approach, making it easy to customize and adapt to various business needs.

Best For:

We recommend IFS for organizations in the Aerospace and Defense, Energy Utilities and Resources, Construction and Engineering, Manufacturing, and Service Industries. The software is tailored for sectors requiring robust asset management, service delivery, and industry-specific functionalities.

Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.

Best For:

NetSuite is best for small businesses with 10 to 50 employees, mid-market companies with 50-200 employees, and enterprises with over 10,000 employees.

Not a Good Fit For:

NetSuite isn’t great for process manufacturers since their core manufacturing module focuses more on discrete bill of materials rather than recipes and formulas. It’s also generally overkill and prohibitively expensive for smaller businesses or sole proprietors.

10.0

USER RATING

based on 1 user reviews

Our Verdict:

IFS Cloud can be tailored to various industries, making it widely popular. Its ability to seamlessly integrate all business functions such as human capital management and asset management is commendable. The platform’s composable environment ensures adaptability, allowing businesses to select functionalities as per their needs and expand over time.

However, potential users should be aware of some usability concerns. While many appreciate its robust functionality, a few users have found the interface to be less intuitive than desired. This might pose a slight learning curve for newcomers.

Pros:

Responsive customer support
User-friendly interface
Customizable based on features/modules
Integration with 3rd party applications

Cons:

Requires consult call for pricing
Can be a steep learning curve due to wealth of features

8.3

Our Rating

based on our expert editorial analysis

7.3

USER RATING

based on 25 user reviews

Our Verdict:

We like NetSuite for its robust accounting and supply chain management capabilities. It also offers out-of-the-box functionality and a mature, cloud-native design. Additionally, NetSuite integrates with eCommerce platforms, point-of-sale apps, and more.

We don’t recommend it for startups due to its complexity. It lacks field service management and heavy manufacturing support. Implementation may require technical expertise.

Pros:

Hundreds of third-party add-ons available
Feature sets for multiple industries
Highly customizable
Advanced audit trail
Scalable, web-based ERP software system

Cons:

Must schedule a consult for pricing details
Tedious setup
Difficult to build reports
No equipment management
No field service management

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $250,000 (perpetual license)
Client OS Windows, Web

Price Range
$ $ $ $ $
$ $ $ $ $
Starting Price $99/user/month
Client OS Web

After thorough testing and reviewing by our editorial review staff, we bring to you a comparison between two popular ERP solutions: IFS Applications and NetSuite ERP. Both of these platforms provide robust functionalities and cater to unique business needs.

IFS Applications Overview

IFS Applications is a versatile ERP solution that allows you to select from over 100 business components, each with a well-defined purpose. This unique approach facilitates change within a component without affecting others, allowing businesses to choose only the functions they need and add more as necessary.

While IFS Applications offers a lot of functionality and easy Excel exports, some users reported performance issues and found the platform’s user interface less intuitive, which might pose a learning curve for newcomers. However, the customer support is very responsive, helping mitigate these issues.

IFS Applications is recommended for organizations in the Aerospace and Defense, Energy Utilities and Resources, Construction and Engineering, Manufacturing, and Service Industries. These sectors benefit from IFS’s robust asset management, service delivery, and industry-specific functionalities. The software is available as cloud-hosted or on-premises solutions, catering to different business requirements.

NetSuite ERP Overview

On the other hand, Oracle’s NetSuite ERP is known for its customization and scalability. It’s a multi-tenant ERP software that supports finance, operations, sales, service, and HR needs. It offers out-of-the-box functionality and a cloud-native design. Additionally, NetSuite integrates with eCommerce platforms, point-of-sale apps, and more, adding to its versatility.

NetSuite ERP is offers advanced audit trails. However, setup can be tedious and building reports might be difficult for some users. It does not offer equipment management or field service management.

NetSuite ERP caters to a wide range of business sizes, from small businesses, mid-market companies, and even enterprises. However, due to its complexity, it is not recommended for startups.

IFS Applications vs. NetSuite ERP: Which is Better For Your Business?

Both platforms have their strengths and are suitable for different business needs and industries. However, NetSuite ERP is likely a better fit for most businesses. Its comprehensive functionalities, customization capabilities, and scalability make it a versatile solution for both small businesses and large enterprises.

While it might not be ideal for startups, for most other businesses, its robust accounting and supply chain management capabilities, along with its integration with various platforms, make it a top choice.

If you’re still unsure, take a look at our roundup of the best ERP software to find the right fit for your business needs.

IFS Cloud

★★★★★

(1)

Price Range

$ $ $ $ $

Starting Price

$250,000 (perpetual license)

Client OS

Windows, Web

Deployment

Cloud or On-Premises

NetSuite ERP

★★★★★

(25)

Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.

Price Range

$ $ $ $ $

Starting Price

$99/user/month

Client OS

Web

Deployment

Cloud Hosted