IFS (Industrial Financial Solution)

 

IFS (INDUSTRIAL FINANCIAL SOLUTION)

IFS has extensive knowledge of the industries it operates in, being independently recognized as a leading, global supplier of enterprise software both in the cloud and on premise. Our industry experts are committed to ensuring the future success of our customers by providing best-in-class solutions and industry expertise to prepare them for what's next.

IFS provides one complete solution for global businesses that manufacture and distribute goods, maintain assets and manage service-focused operations. It is a leading enterprise software solution that, with its compelling user experience, enables you to define and deliver on your next chapter, whatever that may be. Unlike competitive offerings that are too often generic, IFS Applications provides industry-specific functionality that enables you to create a competitive advantage.

 
IFS FSM Cloud

IFS Service Management is the most powerful service planning, tracking, and optimization solution available. It enables and maximizes profitable service-based revenue streams within a single platform by combining leading service management functionality, including complex asset management, scheduling optimization and mobility, with enterprise class ERP capabilities, such as Supply Chain Management, Human Capital Management and Global Financials.

 
IFS Named a Leader in the 2021 Gartner® Magic Quadrant™ for Field ServiceManagement for the sixth consecutive time
IFS ERP Cloud

IFS Enterprise Resource Planning (ERP) Cloud enables you to exploit a fast-paced, digital, service-driven world. It delivers individualized offerings with best-in-class functionality across Finance, Human Capital Management, Customer Relationship Management, Supply Chain, and more. It includes powerful functionality for discrete, process and multi-mode manufacturing, as well as complex project and service management, across a wide range of industries.

 
IFS a Customers’ Choice in 2020 Gartner Peer Insights ‘Voice of the Customer’ Cloud ERP report
IFS EAM Cloud

IFS Enterprise Asset Management(EAM) Cloud gives you what you need to manage your full asset lifecycle, helping you to reduce the cost of managing your assets. It provides powerful tools to deliver reliability-centered maintenance, preventive maintenance, workforce management, capital project management, overall equipment efficiency and mobility. IFS EAM offers business continuity in the face of disruptive change and unlocks the opportunities of Industry 4.0.

 
IFS the fastest growing top 15 EAM software provider in IDC 2020 EAM Applications Market Share report

IFS Cloud The Functionality You Need, When You Need It

IFS Cloud brings together our market-leading Service Management, Enterprise Resource Planning and Enterprise Asset Management capabilities within a single product that delivers all our class-leading solutions. From automation in Finance to powerful Service solutions, IFS Cloud capabilities are all delivered with a single user experience, with new features added twice a year. Functionality looks and works in the same way across all solutions, and a single version of the data is shared seamlessly so the information you use for planning and decision-making is always reliable and up to date. These capabilities are also flexibly deployable. You can start with the functionality you need right now, and then build out your solution as your needs change.

IFS Cloud delivers the full spectrum of IFS’s class-leading capabilities through solutions tailored to
specific industries and solution areas—all from a single product and supporting platform.
You start with the functionality your business needs and can deploy additional capabilities
as your business needs change and grow.”

IFS Cloud Platform Architecture

IFS Cloud is built on a single technology platform that brings innovation and delightful experiences to life in your business. Our platform combines an intuitive user experience that lets you connect and extend using 100% open APIs, with the benefits of machine learning and optimization, reporting, analytics, and process automation throughout IFS Cloud. It’s supported by an application lifecycle experience with a range of tools that help you get the most business value from each specific stage of your implementation. And all this comes with the security and reliability you need to trust IFS Cloud to run your business.


IFS Cloud Five Differentiators

Industry depth
 
  • Harness levels of industry experience and expertise you simply won't find in other products.
  • Industry-focused accelerators to help customers implement much more efficiently, along with personalised lobbies, reports and dashboards for fast, accurate decision making.
One single product
 
  • Access all our class leading solutions from a single product, build on a common platform.
  • Turn on the capability's customers need today and add more as business needs change, with one common user experience, underlying infrastructure – and new capability updates every six months.
Innovation embedded
 
  • Put emerging technologies to work with clear business relevance and value from day one.
  • Embedding AI, Machine Learning and more into the heart of the product means you capitalize on the latest, most relevant technologies without needing to run expensive or length pilot projects.
Same solution cloud or on prem
  • We offer a choice of operating models whether in our cloud, or managing deployment yourself, where you want to run it.
  • Whether cloud, remote or self-managed, you get the same functional solution- and no forced upgrades, or restrictions on how you can tailor to make it your own.
Delightful experiences
 
  • With a responsive, people first design, IFS Cloud has been built to delight whether you’re at home, out in the field or on the warehouse floor.
  • And it comes with the IFS Lifecycle Experience and portals that support how you buy implement, operate and extend every step of the way.

Industry Wise Solution Details & Use Cases

  • Aerospace & Defense ManufacturersOpen or Close
    IFS offers a single project-orientated ERP suite for Aerospace and Defense Manufacturing. With tight project management control, IFS provides for full product lifecycle management of complex manufacturing projects or engineer-to-order requirements. Fully integrated functionality enables companies to manage projects from design to through-life support and phase out, while controlling contract costs, increasing supply chain efficiencies and adherence to export control regulations and achieving ISO compliance.
    • Contract Management and Control
    • Product Lifecycle Management
    • Manufacturing (Project Delivery, Engineer-to-order)
    • After-Sales Support
    • Program Centric Manufacturing
    • Cost Adherence and Control
    • Asset Tracking and Control
    • Export Control
     
  • Airlines & Fleet OperatorsOpen or Close
    Airlines and fleet operators face high demands in today's evolving market. The challenge is to effectively balance profitability and customer satisfaction without compromising safety and compliance. The changing technological landscape is determining a rise in customer expectations and a more competitive market. In fact, the International Air Transport Association (IATA) expects air passenger growth to double by 2035, with an anticipated 7.2 billion people to travel by air over the next 20 years. Meeting this challenge will require you to maximize efficiencies and deliver bottom-line value with enterprise software that's designed to streamline your operations, support global scalability and embrace digital transformation. To stay ahead of the competition and deliver on business objectives today, airlines and their suppliers will need to:
    • Optimize planning and forecasting
    • Meet safety requirements
    • Improve operational efficiency
    • Comply with industry regulations
    • Identify and manage critical assets
    • Integrate enterprise-wide
    IFS has an unrivaled understanding of market issues with more than 30 years of industry experience. Our aviation software is built on industry standards, so you aren't locked into a proprietary technology and our flexible, modular architecture helps you to adapt and grow no matter where you are on your journey.
  • Defense In-Service SupportOpen or Close
    Defense support software must enable defense contractors and the military to operate effectively within a challenging landscape of budget scrutiny, increased regulatory requirements, increasingly complex fleets of equipment, scarce resources, complex IT landscapes and demanding operational tasking. Defense organizations and the military need software with a 360-degree command level view of processes, performance and value chains in order to:
    • Enhance operational efficiency
    • Optimize maintenance processes, resource planning, forecasting and maintenance visits
    • Improve use of facility capacity
    • Improve financial performance
    • Remain compliant with international operating standards
    • Optimize a scarce and expensive military and civilian workforce
    • Implement best practice supply chain processes
     
  • Independent MROOpen or Close
    Independent maintenance repair and overhaul (MRO) organizations bear the challenge of delivering on the highest quality of service while achieving competitive turnaround times (TAT) and delivering aircraft, engines or other complex assets and component availability to the expectations of their customers within an industry renowned for uncovering the unknown. Today, airlines are signaling their intent to outsource maintenance—including airframe, engine and line maintenance—and are looking to model their spend on outcomes. In fact, the International Air Transport Association (IATA) expects airline outsourced MRO spending to increase by 45 percent over the next decade. In order to take advantage of this huge business opportunity, you must maximize MRO competitiveness and deliver top- and bottom-line value with evolutionary enterprise software that is designed to streamline your operations–from client opportunity management, through to bidding & quoting; visit planning & preparation; executing maintenance to contract; client progress & performance reporting; and commercial invoicing. IFS provides an unrivaled understanding of market issues and more than 30 years of industry experience. Our aviation MRO software is built on industry standards, so you aren't locked into a proprietary technology, and our flexible, modular architecture helps you to adapt and grow no matter where you are on your journey.  
  • Military OperatorsOpen or Close
    IFS delivers military logistics solutions that enable an integrated approach to strategic planning of support, logistics operations, and effective maintenance of military assets. Including fleet and asset management, maintenance repair and overhaul, acquisition, storage, distribution, disposal and resource planning—within a single defense solution.
    • Fleet and Asset Management
    • Heavy Maintenance
    • Complex Assembly MRO
    • Component MRO
    • Enterprise Operational Intelligence
    • Supply chain and warehouse management
    • Maintenance Repair & Overhaul (MRO)
    • Line Maintenance
     
IFS is a leading software vendor to the A&D sector globally. We provide full-spectrum enterprise, project & program-centric manufacturing software to tier 1, 2 and 3 manufacturers & vendors serving the A&D sector. IFS has extensive knowledge of the aerospace & defense industry. Independently recognized as a leading, global supplier of enterprise software, we provide solutions for:
  • Aerospace and defense manufacturing
  • Commercial aviation
  • Defense
  • Fleet and asset management
  • Military logistics
  • Services and performance-based logistics
Our aerospace and defense industry experts are committed to ensuring the future success of our customers by providing best-in-class solutions and industry expertise to prepare them for what’s next.
 
IFS offers ERP, EAM, FSM, and MWM software solutions to the Energy, Utilities & Resources industries. Independently recognized as the leading software provider, our solutions support Asset-Centric, Consumer-Centric and Product-Centric organizations to challenge for leadership in their markets.IFS for Asset intensive industries is a cohesive solution combining project management & resource optimization capabilities with asset management excellence and a full enterprise backbone.
  • Power Generation
  • Telecommunications
  • Transmission & Distribution
  • Oil & Gas
  • Mining & Mining Services
  • Ports & Terminals
  • Mills & Metals
  • Water Supply & Treatment
  • Transportation, Infrastructure & Operations
 
Is your organization involved in delivering projects to design, build or refurbish? Does your organization dispose of assets, or is involved in providing maintenance or facilities management services on assets? Or are you involved in both the build and maintain stages of an asset’s life? IFS is a specialist in both Project and Asset Lifecycle management. IFS offers Project Management and Asset Lifecycle software to the engineering, construction and infrastructure industry. Our solutions support the whole asset lifecycle from engineer, make, build to maintain any type of asset for;
  • General Contractors
  • Specialty Contractors
  • Design and Consulting Services
  • Residential
  • Civil Engineering
 
  • AutomotiveOpen or Close
    IFS has a long history as a solution of choice for automotive ERP (enterprise resource planning). Our automotive industry software customers enjoy support for the total lifecycle - from design integration through demand management, supply chain management, full-scale production, sales and aftersales service—fully integrated with financials and human resources. Plus support for lean initiatives like Kanban. IFS solutions' automotive industry ERP software solution is appropriate for vehicle manufacturer/assemblers and tier 1 to tier N suppliers.  
  • ChemicalsOpen or Close
    The management of processes, formulae and materials, regulatory control, the complexities of managing bulk materials and integration with production plant and equipment are just some of the key challenges facing the chemical manufacturing and distribution industry today. In addition, many sectors of the industry have to comply with domestic and international regulations for hazardous materials like REACH, TSCA and CSIA. IFS addresses these needs by providing a fully integrated enterprise resource planning (ERP) software solution for the chemical manufacturing industry. Whether you are struggling with complex processes, keeping up with regulation or simply trying to take the business away from spreadsheet proliferation to build a more cohesive organization, IFS has the solution for you.  
  • Discrete ManufacturingOpen or Close
    We have extensive knowledge of the discrete manufacturing industry, with advanced innovative functionality tailored for the needs of companies and helping them on their fourth industrial revolution journey. IFS is independently recognized as a leading, customer-centric, global supplier of discrete manufacturing ERP, service and customer engagement software, providing value solutions for: Industrial manufacturers High-tech manufacturers Our high-tech & industrial manufacturing industry experts are committed to ensuring the future successes of our customers by providing best-in-class solutions for discrete manufacturing, and industry expertise to prepare them for what's next.  
  • Food & BeverageOpen or Close
    The food and beverage industry is perpetually developing in terms of consumer choice, with increasing demand for high quality fresh, chilled and frozen products and the need to continuously innovate. Major retailers, together with food service, have an enormous influence on the food and beverage market. Increasing regulations on traceability, clean labeling, the need to reduce salt and fats as well as production costs and lead times, require the food industry to be more flexible today than it ever has been. Whether you are struggling to deal with retailers, keep up with changing regulations or simply trying to move your business away from spreadsheet proliferation to build a more cohesive organization, IFS has the software solution for you.  
  • Life SciencesOpen or Close
    Developers, manufacturers and distributors of pharmaceutical and veterinary products are among the most highly regulated of all businesses today, needing an enterprise software solution to match. Compliance with international and national regulatory requirements including FDA (21 CFR) and cGMPs, in addition to the management and control of customer demand and new product innovation, are key challenges facing the pharmaceutical industry today. With new techniques and discovery, manufacturers need to be more innovative than ever and more aware of emerging regulation. Whether you are struggling to adhere to regulation, deal with complex processes or simply trying to take the business away from spreadsheet proliferation to build a more cohesive organization, IFS has the software solution for you.  
Become a smart factory with the IFS cloud manufacturing solution. Digitally transform your business with a tailored, award winning, cloud solution built for the future. Successful manufacturers use business tools that enable them to quickly embrace change and get value from it. IFS is a single, integrated, cloud-enabled application suite that is specifically designed to meet the demands of all types of manufacturing business. Our experts ensure your success with best-in-class solutions that span the whole breadth of manufacturing - whether that's engineer-to-order (ETO), configure-to-order (CTO), make-to-order (MTO), make-to-stock (MTS), make-to-forecast (MTF), mixed mode, custom or short product lifecycle manufacturing as well as service and customer engagement.  
  • Capital & Industrial EquipmentOpen or Close
    Exciting technology advancements are changing the service landscape for capital and industrial equipment. On one hand, large serviceable assets are continuing to increase in complexity, which makes repair and maintenance a sometimes-daunting task. On the other hand, capital and industrial equipment software, when wielded properly, can turn that complexity into an asset for an organization, allowing opportunities for remote resolution, predictive service, and significantly less downtime. When choosing a provider for industrial equipment services , you want to find a partner that won’t force you to compromise on your service potential. IFS represents the most complete industrial equipment service management solutions for high-complexity applications. With the depth of capabilities that IFS has, we are prepared to arm you with a set of tools to not just master today’s service challenge, but challenge what tomorrow’s service success looks like.  
  • High-Tech & Office EquipmentOpen or Close
    Keeping up with every-growing competition in the high tech and office equipment industry offers a great deal of potential challenges for service providers. Between a diverse and inconsistent set of serviceable assets, and an ever-growing level of complexity, maximizing service efficiency and managing downtime is more important than ever. Partner this with an increasing web of security concerns, regulatory issues, and corporate policies, and resolution is almost never as easy as it should be. To tackle these challenges, you need to find a high tech services partner who can support the unique complexity of your service practice, IFS is independently recognized as offering the breadth and the depth to deliver a service support that meets the unique requirements of your business. With IFS FSM, we are prepared to arm you with a set of tools to not just master today’s service challenge, but challenge what tomorrow’s service success looks like.  
  • IT Infrastructure & Professional ServicesOpen or Close
    As a service provider, you understand that service excellence extends far beyond the interaction between the technician and the customer. For your business to be effective, the entire service lifecycle, from initiation through ticket closure, needs to optimized - and IFS can help with industry leading IT company management software. While some professional services management solutions can help optimize some service operations and not others, IFS is independently recognized for not just the depth, but also the breadth of its service solution. With FSM, you can feel confident that you will never need to compromise on integrating your processes, thus increasing uptime, saving operationally, and getting access the holistic data that can help your business move to the next level.  
  • Property & Commercial ServicesOpen or Close
    Leading property and commercial services businesses understand that when issues arise, they need to be ready to address them expediently, and effectively. These solutions come from a dense network of in-house, contracted, and contingent labor sources, all of which need to be centrally managed. Whether it be a residential, retail, or industrial space, organizations need a property management solutions that are tailored to their specific business. With IFS FSM, you have all the tools you need to manage every element of your service lifecycle in one place. From routine maintenance, to break-fix, with IFS property management software, you’re able to make sure that the right person is dispatched to the right place, at the right time, helping minimize downtime and make service a true business asset. Make service more than an obligation. Make it what sets you apart.  
  • RetailOpen or Close
    Retail is changing rapidly and having quality retail industry software to support your business's shopping experience has become more important than ever. With more choices than ever, customers are demanding standout experience from their shopping experiences, both when they purchase a product, and for the long-term. Forward-thinking retail enterprises understand that getting after-sales service right offers them an engine for new product offerings, and a way to engage with customers well beyond the sale. With IFS, retail organizations are finding ways to break out of transactional interactions with customers, which preserve the unique needs, expectations, and brand identity that drives their core business. With our field service software, FSM 6, retail organizations have all the tools that they need to build a retail service management strategy that complement their business without compromise.  
Become a smart factory with the IFS cloud manufacturing solution. Digitally transform your business with a tailored, award winning, cloud solution built for the future. Successful manufacturers use business tools that enable them to quickly embrace change and get value from it. IFS is a single, integrated, cloud-enabled application suite that is specifically designed to meet the demands of all types of manufacturing business. Our experts ensure your success with best-in-class solutions that span the whole breadth of manufacturing - whether that's engineer-to-order (ETO), configure-to-order (CTO), make-to-order (MTO), make-to-stock (MTS), make-to-forecast (MTF), mixed mode, custom or short product lifecycle manufacturing as well as service and customer engagement.  

Key Benefits 5 Fingers

 

Unique industry depth

 

 

One single product

 

 

Innovation embedded

 

 

Choice and parity, over deployment

 

 

Delightful product experiences