ERP Software Review: IFS Applications version 8.0 for the Mining Industry

This enterprise resource planning (ERP) solution software review report examines the ERP software by IFS and its support for mining industry processes against known benchmarks. It assesses IFS Application (v. 80) for ERP functionality and reviews the product’s support capacity with a focus on:

  • Financials
  • Human Resources
  • Process Manufacturing Management
  • Inventory Management
  • Purchasing Management
  • Quality Management
  • Sales Management
  • Project Management
  • Maintenance Management

The report also contains an independent analyst’s review of the ERP software based on a demonstration provided by IFS. The review identifies the features of IFS Applications that distinguishes it from other business process management solutions, including its compatibility with multiple sites and companies, its integrated document management feature, and its support for mobile operations across various devices. In this review, the analyst outlines the software provider’s implementation process, support model, and target user base.

IFS Applications achieved TEC certification status for its ERP software solution by completing TEC’s certification program, which includes a demonstration of the ERP software’s support for specific real-world business process and a detailed functional benchmarking analysis.

Based on a demonstration of IFS Applications, a TEC analyst has assessed the ERP software’s features, evaluating the software against known industry benchmarks, to determine that IFS Applications by IFS is a strong mining industry ERP system.

Download this software review report for product analysis and comparison, an in-depth analyst commentary, and to learn more about how IFS Applications can help mining businesses achieve their ERP objectives.

About This Report

IFS Applications certified by: Aleksey Osintsev, Research Analyst, Technology Evaluation Centers; Ted Rohm, Research Analyst, Technology Evaluation Centers
 
Demonstration conducted by: Elaine Wimberly, Marketing Manager, IFS North America; Carrie Ghai, Senior Business Solutions Consultant, IFS North America; Jeff W. Belanger, Business Solutions Consultant, IFS North America; Melissa Visel, Marketing Specialist, IFS North America
 
Technology Evaluation Centers (TEC) is pleased to announce that the IFS product IFS Applications (v. 8.0) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for the mining industry in the ERP Evaluation Center. The ERP Evaluation Center enables you to compare and evaluate functionality based on TEC’s comprehensive model of ERP software. Data used in the Evaluation Center are obtained from the vendor’s responses to TEC’s research questionnaire.Certification ensures that IFS has demonstrated IFS Applications' support for specific real-world business processes chosen by TEC analysts; and that TEC analysts have analytically and comparatively reviewed research questionnaire data about IFS Applications against known benchmarks.
 
Download the full report for an in-depth look at IFS product IFS Applications (v. 8.0) with detailed functionality descriptions and comparison graphs. 


Report Contents

Company and Product Overview

With 30 years of experience in enterprise business software development, IFS has built its own view of what ERP software should look like. This Swedish software developer offers a single integrated product that comprises 100+ business components. Each component has a well-defined purpose and interface, allowing an organization to implement only the components of IFS Applications that it requires. IFS Applications is rich in functionality and flexible enough to accommodate many different industries and multifaceted businesses.
 
IFS is now a truly global enterprise resource planning (ERP) market player, with a strong presence on all continents, over 70 regional offices, and over 20 support centers around the world. Its client base of more than 2,000 companies represents over 800,000 users in upwards of 60 countries. The company focuses its software on companies of medium size and up (between $75 million and $2 billion [USD] in annual revenue), operating in project-centric, process, and discrete manufacturing, as well as the oil and gas industries, enterprise asset management, and utilities and telecom businesses. Read more
 
 

Benchmark Results for IFS product IFS Applications (v. 8.0) 

The benchmark graphs represent the quantity of support by IFS Applications for the functionality within each module identified in the TEC Focus Indicator, on a scale of 100 points.
 
The TEC Focus Indicator™ shows you which types of functionality are likely differentiators for the IFS Applications (v. 8.0) solution in the small business software space. Get the full results
 

Product Review: IFS product IFS Applications (v. 8.0)  


Ease of Use
Workflow Design
Ease of Implementation
Innovation
 
Get the full review

 

TEC Analyst Observations on IFS product IFS Applications (v. 8.0)  

TEC's review and analysis of data on IFS Applications functionality shows that this ERP software is solid, functionally strong, highly useable, and extendable for medium and large companies. This is particularly true for manufacturers of all types operating in many vertical industries, specifically the asset-intensive and project-based business sectors. Read more
 

Detailed Functionality Graphs for IFS product IFS Applications (v. 8.0)  

The benchmark graphs represent the quantity of support by IFS product IFS Applications (v. 8.0) for the functionality within each module identified in the TEC Focus Indicator, on a scale of 0 to 100 points.
 
  • Financials
  • Human Resources
  • Discrete Manufacturing Management
  • Inventory Management
  • Purchasing Management
  • Quality Management
  • Sales Management

Download the full report for an in-depth look at IFS product IFS Applications (v. 8.0) with detailed functionality descriptions and comparison graphs. 
 

Featured Software Research:

Selecting ERP Software for the Mining Industry

  • Source: IFS
  • Written By:
  • Published:
Most ERP products have been designed from repetitive manufacturing, and thus lack the powerful asset management and project management functionality that mining companies require. But ERP is becoming a higher priority for these organizations. This white paper offers tips on selecting ERP software for the mining industry. Learn how you can you select ERP that can handle the entire mining project and asset lifecycle. Read More

Software Usability Challenge for Electric Power Industry

  • Source: IFS
  • Written By:
  • Published:
Enterprise Resource Planning (ERP)/Enterprise Asset Management (EAM) usability is a challenge for the electric energy industry according to a study conducted for IFS North America. This paper outlines study results of 100 electric energy industry executives and offers advice for selecting ERP and EAM for maximum usability. ERP and EAM with enhanced usability increases productivity and system usage, maximizing value realized. Read More

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Selecting ERP Software for the Mining Industry

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Most ERP products have been designed from repetitive manufacturing, and thus lack the powerful asset management and project management functionality that mining companies require. But ERP is becoming a higher priority for these organizations. This white paper offers tips on selecting ERP software for the mining industry. Learn how you can you select ERP that can handle the entire mining project and asset lifecycle. Read More

IFS Applications (version 7.5) for ERP for the Mining Industry Certification Report

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IFS Applications (version 7.5) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for the mining industry in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

ERP Software Review: IFS Application version 8.0 for the Oil and Gas Industry (Upstream)

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This enterprise resource planning (ERP) solution software review report examines the ERP software by IFS and its support for oil and gas industry processes against known benchmarks. It assesses IFS Application (v. 80) for ERP functionality and reviews the product’s support capacity with a focus on:

  • Financials
  • Human Resources
  • Production Data Capture and Reporting
  • Maintenance Management
  • Supply Chain Management

The... Read More
 
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