Our editorial review staff demoed and tested IFS Applications and Sage Intacct. We’ve compared these two ERP solutions side by side and evaluated them on multiple parameters.
When comparing IFS Applications and Sage Intacct, there are distinct differences in their strengths and target markets. IFS Applications is better suited for larger organizations in need of robust asset management and industry-specific functionalities. On the other hand, Sage Intacct is more suited for SMBs and mid-market companies seeking multi-dimensional financial reporting and project accounting.
Developed by IFS North America, Inc., IFS Applications is an ERP solution that offers over 100 business components. IFS Applications offers a composable infrastructure which allows businesses to choose only the functionalities they need and expand as required.
It’s best for organizations in Aerospace and Defense, Energy Utilities and Resources, Construction and Engineering, Manufacturing, and Service Industries. These sectors greatly benefit from its robust asset management, service delivery, and industry-specific functionalities.
However, the user interface isn’t the most intuitive, posing a learning curve for newcomers. While it boasts a deep feature set, some users have reported performance issues and limited customization options.
Sage Intacct is a GAAP-compliant financial management system that operates on a cloud-based model. It offers features such as multi-entity financial reporting, powerful integrations, and industry-specific services. Its target market primarily includes SMBs (50-200 employees) and mid-market companies (200-1,000 employees) in the professional services, nonprofit, retail, and healthcare industries.
The platform stands out for its scalable multi-entity support, project accounting, and multi-dimensional reporting. It also integrates well with Salesforce, Versapay, and other tools. However, Intacct falls short in areas like budgeting and interactive reporting, which come at an additional cost. It also lacks a mobile app and is primarily tailored for the US market.
For most businesses, we recommend Sage Intacct. Its scalability for multi-entity support and user growth, coupled with its simple and responsive UI, makes it an attractive choice. However, businesses should be aware that certain features come at an extra cost and it lacks a mobile app.
Check out our roundup of the best ERP software to explore more alternatives.