IFS Applications vs. NEXGEN Asset Management

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
NEXGEN Asset Management
Score 7.0 out of 10
N/A
NEXGEN Asset Management, from the company of the same name in Sacramento, is an asset management software that combines a computer maintenance management system with advanced asset management planning tools. Boasting 25 years of practical asset management program and software implementation experiences, NEXGEN Asset Management is a web-based software that was developed specifically to support a comprehensive asset management program. NEXGEN Asset Management has been implemented globally across…N/A
Pricing
IFS ApplicationsNEXGEN Asset Management
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS ApplicationsNEXGEN Asset Management
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup fee$25,000 one-time fee per installation
Additional DetailsWith NEXGEN you have full access to everything our software has to offer. This carries into support, maintenance, and upgrades, which are all included in our annual software fee, giving you direct access to the same staff who implemented your software for years to come—all at no extra charge.
More Pricing Information
Community Pulse
IFS ApplicationsNEXGEN Asset Management
Considered Both Products
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
NEXGEN Asset Management
Chose NEXGEN Asset Management
Nexgen is much more widely use and required less upfront investment in training. it was also less costly than Upkeep. The marketing was about the same for both, but it seemed like a simple decision as one of our key people had used nexgen previously and had good things to say …
Chose NEXGEN Asset Management
NEXGEN Asset Management is more user-friendly, intuitive, and easy to use. NEXGEN Asset Management integrates with GIS and CCTV which Accela could not do.
Chose NEXGEN Asset Management
We are using NEXGEN in a totally different manner than I used other systems, so it is not feasible to compare.
Chose NEXGEN Asset Management
NEXGEN is a superior product to both and the main attribute of NEXGEN is its tech support team
Chose NEXGEN Asset Management
Lucity and Cityworks were on my radar when I was looking at NEXGEN in 2009.
Chose NEXGEN Asset Management
The customization options, ability to link work orders and service requests, ease of use, preventive maintenance module, knowledge base, and support are far superior compared to the other asset management software used previously. The ability to request a future enhancement …
Chose NEXGEN Asset Management
NEXGEN is much more user-friendly, has the capabilities we need for our department, and is much more reliable. When using Tyler the program will crash on a regular basis and isn't accessible during that time, which is a huge issue for me because I am primarily working within …
Chose NEXGEN Asset Management
I do like the admin simplicity, UI, and tools of NEXGEN better. Maximo and Cityworks have very few bugs. NEXGEN needs better QA and response time on development issues.
Features
IFS ApplicationsNEXGEN Asset Management
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Applications
2.6
Ratings
94% below category average
NEXGEN Asset Management
-
Ratings
Pay calculation4.00 Ratings00 Ratings
Benefit plan administration4.00 Ratings00 Ratings
Direct deposit files3.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Applications
8.5
Ratings
11% above category average
NEXGEN Asset Management
-
Ratings
API for custom integration8.50 Ratings00 Ratings
Plug-ins8.50 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Applications
9.7
Ratings
17% above category average
NEXGEN Asset Management
-
Ratings
Single sign-on capability10.00 Ratings00 Ratings
Role-based user permissions9.50 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Applications
7.8
Ratings
8% above category average
NEXGEN Asset Management
-
Ratings
Dashboards7.00 Ratings00 Ratings
Standard reports7.50 Ratings00 Ratings
Custom reports9.00 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Applications
7.4
Ratings
4% below category average
NEXGEN Asset Management
-
Ratings
Accounts payable9.00 Ratings00 Ratings
Accounts receivable9.00 Ratings00 Ratings
Global Financial Support9.00 Ratings00 Ratings
Primary and Secondary Ledgers8.50 Ratings00 Ratings
Journals and Reconciliations8.00 Ratings00 Ratings
Configurable Accounting8.50 Ratings00 Ratings
Standardized Processes9.00 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Applications
8.6
Ratings
8% above category average
NEXGEN Asset Management
-
Ratings
Inventory tracking8.50 Ratings00 Ratings
Automatic reordering9.00 Ratings00 Ratings
Location management9.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Applications
5.4
Ratings
37% below category average
NEXGEN Asset Management
-
Ratings
Pricing8.00 Ratings00 Ratings
Order entry8.50 Ratings00 Ratings
Credit card processing6.00 Ratings00 Ratings
Cost of goods sold6.50 Ratings00 Ratings
Order Orchestration6.50 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Applications
3.4
Ratings
75% below category average
NEXGEN Asset Management
-
Ratings
Billing Management6.50 Ratings00 Ratings
Cash and Asset Management7.50 Ratings00 Ratings
Travel & Expense Management7.50 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting6.50 Ratings00 Ratings
Period Close8.50 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Applications
2.7
Ratings
95% below category average
NEXGEN Asset Management
-
Ratings
Budgeting and Forecasting3.00 Ratings00 Ratings
Project Costing6.00 Ratings00 Ratings
Cost Capture5.00 Ratings00 Ratings
Capital Project Management2.00 Ratings00 Ratings
Customer Contract Compliance2.00 Ratings00 Ratings
Project Revenue Recognition2.00 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Applications
3.6
Ratings
63% below category average
NEXGEN Asset Management
-
Ratings
Project Planning and Scheduling10.00 Ratings00 Ratings
Task Insight for Project Managers9.00 Ratings00 Ratings
Project Mobile Functionality8.00 Ratings00 Ratings
Definable Resource Pools8.00 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Applications
10.0
Ratings
29% above category average
NEXGEN Asset Management
-
Ratings
Award Lifecycle Management10.00 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Applications
3.3
Ratings
71% below category average
NEXGEN Asset Management
-
Ratings
Bids Analyzed and Compared8.00 Ratings00 Ratings
Contract Authoring7.00 Ratings00 Ratings
Contract Repository7.00 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated9.50 Ratings00 Ratings
Supplier Management9.50 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Applications
4.6
Ratings
35% below category average
NEXGEN Asset Management
-
Ratings
Risk Repository8.00 Ratings00 Ratings
Control Management8.50 Ratings00 Ratings
Control Efficiency Assessments8.00 Ratings00 Ratings
Issue Detection6.00 Ratings00 Ratings
Remediation and Certification7.00 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Applications
6.3
Ratings
6% below category average
NEXGEN Asset Management
-
Ratings
Transportation Planning and Optimization7.00 Ratings00 Ratings
Transportation Execution Management7.00 Ratings00 Ratings
Trade and Customs Management6.00 Ratings00 Ratings
Fulfillment Management5.00 Ratings00 Ratings
Warehouse Workforce Management8.00 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Applications
6.2
Ratings
18% below category average
NEXGEN Asset Management
-
Ratings
Production Process Design8.50 Ratings00 Ratings
Production Management8.00 Ratings00 Ratings
Configuration Management7.50 Ratings00 Ratings
Work Execution8.50 Ratings00 Ratings
Manufacturing Costs9.00 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Applications
8.5
Ratings
18% above category average
NEXGEN Asset Management
-
Ratings
Forecasting7.50 Ratings00 Ratings
Inventory Planning9.00 Ratings00 Ratings
Performance Monitoring9.00 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Applications
4.2
Ratings
52% below category average
NEXGEN Asset Management
-
Ratings
Proposal Management7.50 Ratings00 Ratings
Product Master Data Management7.50 Ratings00 Ratings
Best Alternatives
IFS ApplicationsNEXGEN Asset Management
Small Businesses
Zoho One
Zoho One
Score 8.9 out of 10

No answers on this topic

Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
IFS Applications
IFS Applications
Score 8.0 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
IFS Applications
IFS Applications
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IFS ApplicationsNEXGEN Asset Management
Likelihood to Recommend
8.0
(0 ratings)
8.1
(0 ratings)
Usability
8.0
(0 ratings)
9.1
(0 ratings)
Support Rating
1.0
(0 ratings)
-
(0 ratings)
User Testimonials
IFS ApplicationsNEXGEN Asset Management
Likelihood to Recommend
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
In my opinion, this product was designed for water/wastewater application, and my recommendations would be to other utilities. But, NEXGEN Asset Management has developed versatility in its modules to accommodate multiple industries. NEXGEN University has been a great tool to help me educate end-users with deployment. Also, I have been able to use the knowledge base articles to resolve small issues and educate myself on the functionalities incorporated within the software.
Read full review
Pros
  • Accounting
  • Finance
  • Complex Inventory
Read full review
  • Preventive maintenance scheduling
  • Vertical asset hierarchies by class and location
  • Allows customization of asset attributes through User Defined Fields
  • Allows multiple editing of work orders, service requests, and inspections to populate commonly used fields quickly.
  • Offers timely and helpful support assistance.
Read full review
Cons
  • Project Budget control other than Procurement
  • Customer Advance settlement process should be Manual rather then Auto Adjustment
  • IFS GSO Support should be more proactive
Read full review
  • Am currently having issues with getting PM's to generate
  • Customer service is great 75% of the time, but there are more difficult issues on the occasion that it takes me a while to hear back on, and I have to check-in
Read full review
Usability
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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It is super easy to use and very easy to share, the only downside is you need to invest in training people for it just like any other software, I advise using a mix of in-person hands on training and web tools, because the web tools dont seem to be adequate for everyone
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Support Rating
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.
Read full review
No answers on this topic
Alternatives Considered
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
Read full review
Nexgen is much more widely use and required less upfront investment in training. it was also less costly than Upkeep. The marketing was about the same for both, but it seemed like a simple decision as one of our key people had used nexgen previously and had good things to say about it
Read full review
Return on Investment
  • Positive impact in terms of global process alignment.
  • Positive impact in terms of a single system of truth and reporting.
Read full review
  • Decrease travel time by reviewing groups of work orders for scheduling multiple jobs at one location.
  • Improved work order completion rate by giving us an effective work status review tool.
  • Improved communication between all parties by having updated information in one location (on the work order).
Read full review
ScreenShots

IFS Applications Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

NEXGEN Asset Management Screenshots

Screenshot of The NEXGEN CMMS is a versatile software features the advanced technology to conquer the most difficult challenges and day-to-day tasks.Screenshot of Asset Management Intelligence - Used to proactively monitor and maintain aging equipment and deteriorating infrastructures in real-time, allocate CIP resources, ensure regulatory compliance, and mitigate risk with advanced predictive analytics.Screenshot of Esri ArcGIS & Vertical Assets Centric - As Esri development partners, NEXGEN's dynamic spatial capabilities come to life with tools that are built directly into NEXGEN’s proprietary GIS viewer.  NEXGEN was specifically designed with the ability to manage both horizontal and vertical assets in one system.Screenshot of Modern & Intuitive Mobile Solutions - NEXGEN mobile technology provides iOS and Android apps to perform a range of tasks with access the entire asset database in real-time, or offline in those hard-to-reach spaces.