IFS Cloud vs. M1

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IFS Cloud
Score 10.0 out of 10
N/A
IFS is a low-code / no-code approach to IFS solution suite, supporting various industries including aerospace & defense, construction, energy & utilities, and manufacturing with ERP, EAM and field service management functionality. IFS Cloud can be run as a service from IFS, or in a location of choice including on-premise as a containerized application.N/A
M1
Score 7.1 out of 10
N/A
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.N/A
Pricing
IFS CloudM1
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IFS CloudM1
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
IFS CloudM1
Features
IFS CloudM1
Payroll Management
Comparison of Payroll Management features of Product A and Product B
IFS Cloud
7.9
2 Ratings
10% above category average
M1
5.7
8 Ratings
23% below category average
Pay calculation8.42 Ratings5.38 Ratings
Benefit plan administration7.92 Ratings4.63 Ratings
Direct deposit files7.92 Ratings7.15 Ratings
Customization
Comparison of Customization features of Product A and Product B
IFS Cloud
9.3
2 Ratings
20% above category average
M1
7.1
18 Ratings
7% below category average
API for custom integration9.52 Ratings7.615 Ratings
Plug-ins9.02 Ratings6.611 Ratings
Security
Comparison of Security features of Product A and Product B
IFS Cloud
9.3
2 Ratings
13% above category average
M1
8.1
27 Ratings
1% below category average
Single sign-on capability9.02 Ratings9.015 Ratings
Role-based user permissions9.52 Ratings7.227 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
IFS Cloud
9.7
2 Ratings
29% above category average
M1
6.6
28 Ratings
9% below category average
Dashboards9.52 Ratings6.726 Ratings
Standard reports9.52 Ratings6.428 Ratings
Custom reports10.02 Ratings6.627 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
IFS Cloud
9.0
2 Ratings
15% above category average
M1
6.9
26 Ratings
11% below category average
Accounts payable9.02 Ratings7.025 Ratings
Accounts receivable9.02 Ratings6.926 Ratings
Global Financial Support9.02 Ratings5.39 Ratings
Primary and Secondary Ledgers9.02 Ratings8.216 Ratings
Journals and Reconciliations9.02 Ratings6.521 Ratings
Configurable Accounting8.52 Ratings6.818 Ratings
Standardized Processes9.52 Ratings7.919 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
IFS Cloud
9.9
2 Ratings
22% above category average
M1
7.1
26 Ratings
11% below category average
Inventory tracking9.52 Ratings7.426 Ratings
Automatic reordering10.02 Ratings6.615 Ratings
Location management10.02 Ratings7.221 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
IFS Cloud
9.3
2 Ratings
17% above category average
M1
7.4
26 Ratings
6% below category average
Pricing9.02 Ratings6.926 Ratings
Order entry10.02 Ratings7.326 Ratings
Credit card processing8.52 Ratings7.410 Ratings
Cost of goods sold9.52 Ratings7.717 Ratings
Order Orchestration8.52 Ratings7.613 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
IFS Cloud
8.9
2 Ratings
17% above category average
M1
6.5
21 Ratings
14% below category average
Billing Management8.52 Ratings8.120 Ratings
Cash and Asset Management9.52 Ratings6.917 Ratings
Travel & Expense Management9.52 Ratings4.89 Ratings
Budgetary Control & Encumbrance Accounting9.02 Ratings5.013 Ratings
Period Close9.52 Ratings7.821 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
14% above category average
M1
-
Ratings
Budgeting and Forecasting9.52 Ratings00 Ratings
Project Costing9.02 Ratings00 Ratings
Cost Capture8.52 Ratings00 Ratings
Capital Project Management9.02 Ratings00 Ratings
Customer Contract Compliance9.02 Ratings00 Ratings
Project Revenue Recognition9.52 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
IFS Cloud
9.3
2 Ratings
29% above category average
M1
5.3
16 Ratings
26% below category average
Project Planning and Scheduling9.02 Ratings6.316 Ratings
Task Insight for Project Managers9.02 Ratings5.410 Ratings
Project Mobile Functionality10.01 Ratings4.67 Ratings
Definable Resource Pools10.01 Ratings4.89 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
IFS Cloud
8.8
2 Ratings
17% above category average
M1
2.7
2 Ratings
94% below category average
Award Lifecycle Management9.02 Ratings2.72 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
IFS Cloud
9.4
2 Ratings
30% above category average
M1
6.4
18 Ratings
8% below category average
Bids Analyzed and Compared8.52 Ratings6.07 Ratings
Contract Authoring9.01 Ratings7.34 Ratings
Contract Repository10.01 Ratings6.36 Ratings
Requisitions-to-Purchase Orders Integrated9.52 Ratings5.910 Ratings
Supplier Management9.52 Ratings6.218 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
IFS Cloud
10.0
1 Ratings
42% above category average
M1
5.0
4 Ratings
26% below category average
Risk Repository10.01 Ratings6.52 Ratings
Control Management10.01 Ratings5.94 Ratings
Control Efficiency Assessments10.01 Ratings4.84 Ratings
Issue Detection10.01 Ratings3.83 Ratings
Remediation and Certification10.01 Ratings3.93 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
IFS Cloud
8.9
2 Ratings
29% above category average
M1
4.0
10 Ratings
50% below category average
Transportation Planning and Optimization9.52 Ratings2.24 Ratings
Transportation Execution Management8.42 Ratings2.54 Ratings
Trade and Customs Management10.01 Ratings4.73 Ratings
Fulfillment Management9.01 Ratings4.98 Ratings
Warehouse Workforce Management9.52 Ratings5.58 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
IFS Cloud
9.7
2 Ratings
27% above category average
M1
6.6
27 Ratings
12% below category average
Production Process Design9.52 Ratings6.319 Ratings
Production Management9.52 Ratings7.022 Ratings
Configuration Management10.02 Ratings6.219 Ratings
Work Execution9.52 Ratings7.520 Ratings
Manufacturing Costs10.02 Ratings6.026 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
IFS Cloud
9.4
2 Ratings
28% above category average
M1
5.6
20 Ratings
24% below category average
Forecasting9.52 Ratings4.714 Ratings
Inventory Planning10.02 Ratings6.220 Ratings
Performance Monitoring9.02 Ratings5.915 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
IFS Cloud
9.6
1 Ratings
29% above category average
M1
4.4
9 Ratings
47% below category average
Proposal Management10.01 Ratings4.86 Ratings
Product Master Data Management10.01 Ratings4.09 Ratings
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User Ratings
IFS CloudM1
Likelihood to Recommend
8.5
(2 ratings)
7.3
(30 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(1 ratings)
Usability
9.5
(2 ratings)
6.5
(30 ratings)
Support Rating
9.5
(2 ratings)
10.0
(1 ratings)
User Testimonials
IFS CloudM1
Likelihood to Recommend
IFS
The IFS Cloud has well suited to keeping track from beginning to end and engages from the internal team to the external team very well. It takes everything with them and helps them to grow at a wide pace. It creates a systematic workflow process which helps in achieving the goal more fast and friendly environment
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ECI Software Solutions
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.
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Pros
IFS
  • Integration with other third-party application is easy and reliable
  • Product documentation is easy to follow for the new users
  • Web-based product
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ECI Software Solutions
  • Allows for component parts to be scheduled independently through the plant
  • Once parts are built, it is easy to duplicate/reuse parts across they quoting and ordering modules and customers
  • If used properly and consistently, M1 will provide accurate job cost analysis to determine estimating, training, efficiency and other issues.
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Cons
IFS
  • Easy options to upload data from excel to IFS Cloud
  • AI capabilities
  • Better help functionality
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ECI Software Solutions
  • 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.
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Usability
IFS
I will give a full rating to this software as it has helped me in achieving the Goal faster than expected and has created a systematic work flow that helps us to increase our work productivity and have track of each and every section. It has one product that changes your organization's environment better to perfect.
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ECI Software Solutions
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
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Support Rating
IFS
IFS Support for IFS Cloud product has different levels of support agreement with the customers, including 24*7 support service for the product. Since the customers have the option of selecting IFS-managed cloud for the implementation, all of the responsivities for maintaining the managed services can be handed over to IFS.
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ECI Software Solutions
Support has been great and timely
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Alternatives Considered
IFS
IFS Cloud is an upgrade of IFS Applications. IFS Applications solution is under extended support and would eventually be replaced by cloud solution in coming years.
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ECI Software Solutions
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.
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Return on Investment
IFS
  • Reduced the time taken for the users to prepare and generate reports since most are automatic with IFS Cloud
  • Increased the reliability and visibility of the inventory of the products from procurement of raw materials through the manufacturing of final product to delivering to customer's place
  • Took a considerable time configuring the roles and access of the users while implementation
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ECI Software Solutions
  • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
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ScreenShots

M1 Screenshots

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