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…
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M1
Score 7.2 out of 10
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M1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.
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Pricing
IFS Applications
M1
Editions & Modules
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No answers on this topic
Offerings
Pricing Offerings
IFS Applications
M1
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
IFS Applications
M1
Features
IFS Applications
M1
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
2.6
2 Ratings
94% below category average
M1
5.7
8 Ratings
23% below category average
Pay calculation
4.02 Ratings
5.38 Ratings
Benefit plan administration
4.02 Ratings
4.63 Ratings
Direct deposit files
3.02 Ratings
7.15 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.5
4 Ratings
11% above category average
M1
7.1
18 Ratings
7% below category average
API for custom integration
8.54 Ratings
7.615 Ratings
Plug-ins
8.54 Ratings
6.611 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.7
4 Ratings
17% above category average
M1
8.1
27 Ratings
1% below category average
Single sign-on capability
10.04 Ratings
9.015 Ratings
Role-based user permissions
9.54 Ratings
7.227 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
7.8
4 Ratings
8% above category average
M1
6.6
28 Ratings
9% below category average
Dashboards
7.04 Ratings
6.726 Ratings
Standard reports
7.54 Ratings
6.428 Ratings
Custom reports
9.04 Ratings
6.627 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.4
4 Ratings
4% below category average
M1
7.0
26 Ratings
10% below category average
Accounts payable
9.04 Ratings
7.025 Ratings
Accounts receivable
9.04 Ratings
7.026 Ratings
Global Financial Support
9.03 Ratings
5.39 Ratings
Primary and Secondary Ledgers
8.53 Ratings
8.216 Ratings
Journals and Reconciliations
8.03 Ratings
6.521 Ratings
Configurable Accounting
8.53 Ratings
6.818 Ratings
Standardized Processes
9.03 Ratings
7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.6
4 Ratings
8% above category average
M1
7.1
26 Ratings
11% below category average
Inventory tracking
8.54 Ratings
7.426 Ratings
Automatic reordering
9.04 Ratings
6.615 Ratings
Location management
9.04 Ratings
7.221 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
5.4
4 Ratings
37% below category average
M1
7.4
26 Ratings
6% below category average
Pricing
8.04 Ratings
6.926 Ratings
Order entry
8.54 Ratings
7.426 Ratings
Credit card processing
6.03 Ratings
7.410 Ratings
Cost of goods sold
6.54 Ratings
7.717 Ratings
Order Orchestration
6.53 Ratings
7.613 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.4
3 Ratings
75% below category average
M1
6.5
21 Ratings
14% below category average
Billing Management
6.53 Ratings
8.120 Ratings
Cash and Asset Management
7.53 Ratings
6.917 Ratings
Travel & Expense Management
7.53 Ratings
4.89 Ratings
Budgetary Control & Encumbrance Accounting
6.53 Ratings
5.013 Ratings
Period Close
8.53 Ratings
7.821 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
1 Ratings
95% below category average
M1
-
Ratings
Budgeting and Forecasting
3.01 Ratings
00 Ratings
Project Costing
6.01 Ratings
00 Ratings
Cost Capture
5.01 Ratings
00 Ratings
Capital Project Management
2.01 Ratings
00 Ratings
Customer Contract Compliance
2.01 Ratings
00 Ratings
Project Revenue Recognition
2.01 Ratings
00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
3.6
3 Ratings
63% below category average
M1
5.3
16 Ratings
26% below category average
Project Planning and Scheduling
10.03 Ratings
6.316 Ratings
Task Insight for Project Managers
9.03 Ratings
5.410 Ratings
Project Mobile Functionality
8.03 Ratings
4.67 Ratings
Definable Resource Pools
8.03 Ratings
4.89 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
10.0
1 Ratings
29% above category average
M1
2.7
2 Ratings
94% below category average
Award Lifecycle Management
10.01 Ratings
2.72 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.3
3 Ratings
71% below category average
M1
6.4
18 Ratings
8% below category average
Bids Analyzed and Compared
8.02 Ratings
6.07 Ratings
Contract Authoring
7.02 Ratings
7.34 Ratings
Contract Repository
7.02 Ratings
6.36 Ratings
Requisitions-to-Purchase Orders Integrated
9.53 Ratings
5.910 Ratings
Supplier Management
9.53 Ratings
6.218 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.6
3 Ratings
35% below category average
M1
5.0
4 Ratings
26% below category average
Risk Repository
8.03 Ratings
6.52 Ratings
Control Management
8.53 Ratings
5.94 Ratings
Control Efficiency Assessments
8.03 Ratings
4.84 Ratings
Issue Detection
6.03 Ratings
3.83 Ratings
Remediation and Certification
7.03 Ratings
3.93 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
6.3
3 Ratings
6% below category average
M1
4.0
10 Ratings
50% below category average
Transportation Planning and Optimization
7.01 Ratings
2.24 Ratings
Transportation Execution Management
7.01 Ratings
2.54 Ratings
Trade and Customs Management
6.01 Ratings
4.73 Ratings
Fulfillment Management
5.02 Ratings
4.98 Ratings
Warehouse Workforce Management
8.03 Ratings
5.58 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.2
3 Ratings
18% below category average
M1
6.6
27 Ratings
12% below category average
Production Process Design
8.52 Ratings
6.319 Ratings
Production Management
8.03 Ratings
7.022 Ratings
Configuration Management
7.53 Ratings
6.219 Ratings
Work Execution
8.53 Ratings
7.520 Ratings
Manufacturing Costs
9.03 Ratings
6.026 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.5
3 Ratings
18% above category average
M1
5.6
20 Ratings
24% below category average
Forecasting
7.53 Ratings
4.714 Ratings
Inventory Planning
9.03 Ratings
6.220 Ratings
Performance Monitoring
9.02 Ratings
5.915 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Order to cash processes and scenario are implemented natively in IFS. An HR module exists for career management also (objectives, comportments, training, mobility) but may be improved in terms of workflow validation (e.g. training to validate by a manager) or reporting.
The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
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.
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 methodology, and post-implementation expenses.
M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
Reporting is now centralized and managed. Previously, reports were outside the information systems and there was a risk of incoherence.
Accounting controls are now in place on the overall processes, including production, which helped the company to reduce closing periods or to produce more easily official mandatory accounting files yearly.
Interfaces between the CRM forecast tool and IFS helped to keep the tools in sync, and to decrease the processing times prior to production launch.