Accounting Seed vs. IFS Applications

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
Score 6.4 out of 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
IFS Applications
Score 8.0 out of 10
N/A
IFS Applications is presented by the vendor as an agile application suite that offers enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise project management, handling 4 core processes: Service & Asset Management Full Enterprise Asset Management (EAM), Maintenance Repair and Overhaul (MRO) and Field Service Management (FSM) Manufacturing Enterprise Resource Planning (ERP) with support for process manufacturing, discrete manufacturing…N/A
Pricing
Accounting SeedIFS Applications
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting SeedIFS Applications
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing starts at $3,960/year.
More Pricing Information
Community Pulse
Accounting SeedIFS Applications
Considered Both Products
Accounting Seed
Chose Accounting Seed
I have never used Xero at my current organization, but I used it at Alliance Data before Implementing Accounting Seed. Xero wasn’t updated much during the years that we were using it. Also, Xero failed to integrate with some of third-party applications that we were using. …
Chose Accounting Seed
Well, while I have not interacted with many accounting solutions, I know Accounting Seed is more affordable and capable. I have used it for a long time and I can say it works as expected.
Chose Accounting Seed
We moved from Financial Edge to Accounting Seed because we needed a cloud-based accounting system. Financial Edge allowed us to access the system from a shared server but it was not made for that. Financial Edge was not updated much over the years we used it while technology …
Chose Accounting Seed
Flexibility of data review is superior in Accounting Seed. Ability to work in Salesforce environment like other departments in our organization is helpful for all staff in day-to-day jobs and in a staff person's ability to move from one department to another. Cross training …
Chose Accounting Seed
Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
Chose Accounting Seed
Much easier to have accounting software be native to Salesforce. That's the main reason we went with Accounting Seed and are happy to have made that decision. We also love the customization abilities - just as easy as adding any field in Salesforce.
IFS Applications
Chose IFS Applications
IFS Applications have a very UI rich interface compared to other systems. IFS Applications can be easily and quickly learned with the very good documentation, e learning portals and other learning platforms. The technical implementation of the IFS Applications is very …
Chose IFS Applications
IFS Applications is based on Agile Technology which allows organizations to reconfigure user interface as per user requirements and make it user-friendly. Other applications are lagging on many fronts like User Interface, Online help document availability, Implementation …
Chose IFS Applications
Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP.

We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their …
Chose IFS Applications
IFS Cloud, IFS Applications and IFS Field Service Management
Features
Accounting SeedIFS Applications
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
Ratings
15% above category average
IFS Applications
2.6
Ratings
94% below category average
Pay calculation8.30 Ratings4.00 Ratings
Benefit plan administration8.60 Ratings4.00 Ratings
Direct deposit files9.30 Ratings3.00 Ratings
Salary revision and increment management9.00 Ratings00 Ratings
Reimbursement management9.70 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
Ratings
24% above category average
IFS Applications
8.5
Ratings
11% above category average
API for custom integration9.70 Ratings8.50 Ratings
Plug-ins9.70 Ratings8.50 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
Ratings
15% above category average
IFS Applications
9.7
Ratings
17% above category average
Single sign-on capability9.70 Ratings10.00 Ratings
Role-based user permissions9.70 Ratings9.50 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
Ratings
14% above category average
IFS Applications
7.8
Ratings
8% above category average
Dashboards9.70 Ratings7.00 Ratings
Standard reports8.70 Ratings7.50 Ratings
Custom reports8.80 Ratings9.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
8.9
Ratings
13% above category average
IFS Applications
7.4
Ratings
4% below category average
Accounts payable9.60 Ratings9.00 Ratings
Accounts receivable9.70 Ratings9.00 Ratings
Cash management9.40 Ratings00 Ratings
Bank reconciliation8.60 Ratings00 Ratings
Expense management9.70 Ratings00 Ratings
Time tracking9.70 Ratings00 Ratings
Fixed asset management9.70 Ratings00 Ratings
Multi-currency support7.20 Ratings00 Ratings
Multi-division support8.50 Ratings00 Ratings
Regulations compliance7.60 Ratings00 Ratings
Electronic tax filing8.60 Ratings00 Ratings
Self-service portal9.70 Ratings00 Ratings
Global Financial Support10.00 Ratings9.00 Ratings
Primary and Secondary Ledgers8.70 Ratings8.50 Ratings
Intercompany Accounting9.10 Ratings00 Ratings
Localizations10.00 Ratings00 Ratings
Journals and Reconciliations9.70 Ratings8.00 Ratings
Enterprise Accounting5.50 Ratings00 Ratings
Configurable Accounting8.50 Ratings8.50 Ratings
Centralized Rules Framework9.10 Ratings00 Ratings
Standardized Processes9.10 Ratings9.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
Ratings
20% above category average
IFS Applications
8.6
Ratings
8% above category average
Inventory tracking9.70 Ratings8.50 Ratings
Automatic reordering9.70 Ratings9.00 Ratings
Location management9.70 Ratings9.00 Ratings
Manufacturing module6.90 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Seed
9.4
Ratings
20% above category average
IFS Applications
5.4
Ratings
37% below category average
Pricing9.70 Ratings8.00 Ratings
Order entry10.00 Ratings8.50 Ratings
Credit card processing10.00 Ratings6.00 Ratings
Cost of goods sold10.00 Ratings6.50 Ratings
Order Orchestration9.70 Ratings6.50 Ratings
End-to-end order visibility6.90 Ratings00 Ratings
Order exception Resolution9.70 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
3.4
Ratings
75% below category average
Billing Management00 Ratings6.50 Ratings
Cash and Asset Management00 Ratings7.50 Ratings
Travel & Expense Management00 Ratings7.50 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings6.50 Ratings
Period Close00 Ratings8.50 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
2.7
Ratings
95% below category average
Budgeting and Forecasting00 Ratings3.00 Ratings
Project Costing00 Ratings6.00 Ratings
Cost Capture00 Ratings5.00 Ratings
Capital Project Management00 Ratings2.00 Ratings
Customer Contract Compliance00 Ratings2.00 Ratings
Project Revenue Recognition00 Ratings2.00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
3.6
Ratings
61% below category average
Project Planning and Scheduling00 Ratings10.00 Ratings
Task Insight for Project Managers00 Ratings9.00 Ratings
Project Mobile Functionality00 Ratings8.00 Ratings
Definable Resource Pools00 Ratings8.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
10.0
Ratings
30% above category average
Award Lifecycle Management00 Ratings10.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
3.3
Ratings
71% below category average
Bids Analyzed and Compared00 Ratings8.00 Ratings
Contract Authoring00 Ratings7.00 Ratings
Contract Repository00 Ratings7.00 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.50 Ratings
Supplier Management00 Ratings9.50 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
4.6
Ratings
35% below category average
Risk Repository00 Ratings8.00 Ratings
Control Management00 Ratings8.50 Ratings
Control Efficiency Assessments00 Ratings8.00 Ratings
Issue Detection00 Ratings6.00 Ratings
Remediation and Certification00 Ratings7.00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
6.3
Ratings
6% below category average
Transportation Planning and Optimization00 Ratings7.00 Ratings
Transportation Execution Management00 Ratings7.00 Ratings
Trade and Customs Management00 Ratings6.00 Ratings
Fulfillment Management00 Ratings5.00 Ratings
Warehouse Workforce Management00 Ratings8.00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
6.2
Ratings
18% below category average
Production Process Design00 Ratings8.50 Ratings
Production Management00 Ratings8.00 Ratings
Configuration Management00 Ratings7.50 Ratings
Work Execution00 Ratings8.50 Ratings
Manufacturing Costs00 Ratings9.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
8.5
Ratings
18% above category average
Forecasting00 Ratings7.50 Ratings
Inventory Planning00 Ratings9.00 Ratings
Performance Monitoring00 Ratings9.00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Accounting Seed
-
Ratings
IFS Applications
4.2
Ratings
52% below category average
Proposal Management00 Ratings7.50 Ratings
Product Master Data Management00 Ratings7.50 Ratings
Best Alternatives
Accounting SeedIFS Applications
Small Businesses
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Score 8.9 out of 10
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Score 8.9 out of 10
Medium-sized Companies
Zoho Books
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Score 9.0 out of 10
Infor VISUAL
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Score 8.0 out of 10
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Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
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User Ratings
Accounting SeedIFS Applications
Likelihood to Recommend
8.1
(0 ratings)
8.0
(0 ratings)
Usability
8.8
(0 ratings)
8.0
(0 ratings)
Support Rating
7.8
(0 ratings)
1.0
(0 ratings)
User Testimonials
Accounting SeedIFS Applications
Likelihood to Recommend
Accounting Seed is a great solution for businesses looking for reliable accounting software. It offers all the features needed and works as expected. In addition, it is not as pricey as many competitors and therefore a great choice. I would recommend it for both startups and established businesses.
Read full review
Not every Enterprise Resource Planning (ERP) System does not cover all the industry verticals and all the functionalities and requirements for a specific industry as built-in features. Although IFS Applications does not completely cover all the requirements and all the industry verticals, it can be implemented for any industrial company with minimum configurations and customization, which is very good when implementing an ERP system. Since it supports web and mobile versions of the application as well, the users ind it easy to use.
Read full review
Pros
  • When making a deposit for a donation we can tag the account record.
  • Anyone can recognize donors that are also vendors.
  • Extracting general ledger detail is accurate and easy - allowing us to ensure the GL matches revenue detail from donations, box office and education.
  • Budgeting is actually pretty nimble now that I am using it more.
Read full review
  • Accounting
  • Finance
  • Complex Inventory
Read full review
Cons
  • Sometimes when creating a receipt it can't seem to find the company I am searching for in the drop-down, I have to go out to the company and enter from there.
  • Some of the accounting reports seem to be limited, though at times this may just be the user! Still learning as I go! But there have been some reports that state I would need to add another partner app to do, which would mean more cost.
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  • Project Budget control other than Procurement
  • Customer Advance settlement process should be Manual rather then Auto Adjustment
  • IFS GSO Support should be more proactive
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Usability
Accounting Seed was easy to implement and use without third-party service providers' intervention. Furthermore, the vendor forwarded us a copy of articles and documentation on implementation, customization and integration, which made it much easier for us to integrate it with company API and other external programs.
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In overall, the companies get many advantages, where we can forget most of the things which can be considered for room for improvement. The user interface is good. It supports mobile versions an has several mobile applications for specific areas with Android, IOS and Windows versions. It allows several deployment options such as remote hosting, IFS Cloud hosting and on-premise hosting of the servers. IFS Applications can be easily and safely integrated with other systems.
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Support Rating
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
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We have been unable to get answers to our questions, solutions to our problems, and they don't seem interested in working in the construction industry.
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Alternatives Considered
I have never used Xero at my current organization, but I used it at Alliance Data before Implementing Accounting Seed. Xero wasn’t updated much during the years that we were using it. Also, Xero failed to integrate with some of third-party applications that we were using. Finally, Accounting Seed was highly navigable, had clean UI/UX unlike Xero.
Read full review
Microsoft AX, QAD (in continuation of our previous ERP), Sage X3 was an out of the box ERP that was part of initial RFP. We have chosen IFS based on the compromise between costs & budget, functionality, technical features, and feedback from similar customers that gave their feedback. The project manager team and qualification level of technical or consultant teams were differentiating factors too. Finally IFS application was named in the Gartner’s mid-market ERP Magic Quadrant, along with SAP, and helped us to finalize our choice
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Return on Investment
  • Accounting Seed has been available to use at a reasonable annual cost.
  • Installation, setup and integration cost were reasonable.
  • Customization is simple so we do it our selves and saved money not using outside consultants
Read full review
  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
Read full review
ScreenShots

Accounting Seed Screenshots

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IFS Applications Screenshots

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