PeopleSoft vs IFS Cloud

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Our analysts compared PeopleSoft vs IFS Cloud based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

PeopleSoft Software Tool
IFS Cloud Software Tool

Product Basics

PeopleSoft, a software suite developed by Oracle America, offers a comprehensive solution for managing various business processes, including Enterprise Resource Planning (ERP). This versatile software caters to businesses of all sizes and across diverse industries. Its primary purpose is to streamline and automate essential tasks such as financial management, human resources, supply chain management, and customer relationship management. PeopleSoft's user-friendly interface and extensive functionality have garnered positive reviews, with users praising its ease of use and ability to meet the specific needs of their organizations.

Among its popular features are inventory tracking, employee benefits management, and financial reporting tools. PeopleSoft's pricing typically falls within the mid-range for similar ERP software options, and it offers flexible payment options such as monthly or annual subscriptions.

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IFS Cloud is a cloud-based ERP system designed to manage all aspects of a staffing agency's operations. It offers features for CRM, financials, payroll, time & attendance, talent acquisition, and more. IFS Cloud is most suited for medium to large staffing agencies that need a comprehensive solution to automate and streamline their processes. Some of the key benefits of using IFS Cloud include improved efficiency, increased profitability, and better customer service. Additionally, it offers popular features such as mobile access, real-time reporting, and integration with other business systems. User reviews suggest that IFS Cloud is a powerful and user-friendly system, but it can be expensive and complex to implement. IFS Cloud is typically priced on a per-user, per-month basis. The cost can vary depending on the size of the agency and the number of features required.

Pros
  • Streamlines processes
  • Improves efficiency
  • Increases profitability
  • Mobile access
  • Real-time reporting
Cons
  • Expensive
  • Complex to implement
  • Limited customization
  • Steep learning curve
  • Not ideal for small businesses
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$200/User, Monthly
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Product Assistance

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Knowledge Base
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Product Insights

  • Increase Profitability: There are several features within the system that help increase profitability. For example, resource management capabilities help you leverage your resources so you can earn as much profit as possible. The Enterprise Pricer feature allows you to test prices analyze margin data. 
  • Collaborate with Suppliers: The eSupplier Connection provides vital information to suppliers and allows you to connect and collaborate with them via a web-enabled interface. This feature saves time for your procurement staff and improves the supplier-buyer relationship. The supply contract management feature fosters this relationship as well because it streamlines the contracting process for both supplier and buyer. 
  • Improve Visibility: The single, unified system provides system-wide visibility to the user. System integrations with modules like the e-procurement solution allow for visibility across departments. 
  • Improve Employee Productivity: The automation of business processes frees up time for employees to do other tasks. PeopleSoft Mobile Approvals allows you to manage approvals from anywhere, streamlining the approval process and saving your employees time. 
  • Manage Project Budgets: Project management features such as program management allow users to manage projects and their data across your entire organization. Project costing also assists in budget management. 
  • Save Money: Asset management capabilities, such as the maintenance management solution, lower the cost of owning assets. Cost management uses a flexible accounting model to handle supply chain costs. 
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  • Improved Efficiency: Automate manual tasks, streamline workflows, and boost productivity with the help of IFS Cloud's automation capabilities. Automate tasks like generating invoices, processing payroll, and sending out reports. Streamline workflows by consolidating data and processes into a single system. Boost productivity by giving employees easy access to the information they need to do their jobs.
  • Increased Profitability: Reduce costs, optimize resource allocation, and make data-driven decisions with IFS Cloud's insightful analytics and reporting features. Reduce costs by eliminating redundant processes and improving efficiency. Optimize resource allocation by using real-time data to make better decisions about where to allocate your resources. Make data-driven decisions by using insights from your data to identify trends and opportunities.
  • Enhanced Visibility: Gain real-time insights into your business performance with IFS Cloud's comprehensive reporting and analytics dashboards. Get a clear picture of your business performance with real-time dashboards that track key metrics. Drill down into the details with interactive reports that allow you to analyze your data in any way you want. Share insights with your team with easy-to-use reporting tools.
  • Improved Collaboration: Facilitate communication and teamwork across departments with IFS Cloud's centralized platform. Break down silos between departments with a single platform that everyone can access. Improve communication with built-in collaboration tools that make it easy to share information and work together on projects. Enhance teamwork with features that make it easy to assign tasks, track progress, and stay organized.
  • Scalability: Adapt to changing business needs and grow your staffing agency with IFS Cloud's flexible solution. Easily add users and modules as your business grows. Scale your system to meet the needs of your business, regardless of its size. Easily adapt your system to changing business needs with IFS Cloud's flexible architecture.
  • Compliance: Ensure adherence to industry regulations and legal requirements with IFS Cloud's built-in compliance features. Stay compliant with industry regulations with built-in features that help you meet all the requirements. Reduce the risk of non-compliance with automated processes that ensure you're always up to date on the latest regulations. Get peace of mind knowing that your data is secure and compliant with IFS Cloud's robust security features.
  • Reduced Risk: Minimize errors and improve data accuracy with IFS Cloud's automated processes. Eliminate the risk of human error with automated processes that handle all the repetitive tasks. Improve data accuracy with features that help you ensure your data is always correct and up to date. Reduce the risk of fraud and theft with IFS Cloud's robust security features.
  • Enhanced Customer Service: Deliver a better experience for candidates and clients with IFS Cloud's improved responsiveness and communication. Give candidates and clients a self-service portal where they can access the information they need. Improve responsiveness with features that make it easy to track and respond to inquiries quickly. Enhance communication with features that make it easy to share information and stay connected with candidates and clients.
  • Competitive Advantage: Gain a strategic edge in the market with IFS Cloud's advanced technology and capabilities. Differentiate yourself from the competition with IFS Cloud's innovative features and functionality. Attract and retain top talent with a modern and user-friendly system. Stay ahead of the curve with IFS Cloud's continuous innovation and commitment to providing the latest technology.
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  • Financial Management: PeopleSoft manages your company’s financials from end to end. It comes with basic financial tools such as a general ledger, receivables and payables. Other more advanced functions include risk management, cost management, cash management, eSettlements and Enterprise Pricer. 
  • Asset Management:  Asset management provides a single, unified database that tracks and stores your company’s assets. It manages associated accounting responsibilities and helps to lower the cost of asset ownership. Maintenance management streamlines the asset management lifecycle and ensures healthy investment levels that meet your financial and utilization goals. 
  • Procurement Tools: The e-procurement function controls purchasing and leverages your company’s supply base to a competitive advantage. It comes equipped with robust search capability and intuitive pages, which makes for ease of navigation. Other primary procurement features include purchasing and inventory management.  
  • Project Management: Resource management capabilities provide the user with the tools to identify and use resources in the most advantageous way. Project costing supports the financial processes within project management with its budgeting, analysis, costing and burdening capabilities.  
  • Supply Chain Management: PeopleSoft automates numerous supply chain processes. Supply planning, strategic sourcing and order management are some of the features that benefit from this type of automation. 
  • Global Transactional Management: The Financial Gateway Datasheet is an electronic payment solution that optimizes payment processing and reduces late payments. Cash management streamlines the planning, processing and reporting requisites of global treasury units.  
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  • Enterprise Resource Planning (ERP): Manage core business operations like financials, accounting, supply chain, and human resources.
  • Enterprise Asset Management (EAM): Track, manage, and optimize the performance of critical assets.
  • Service Management (SM): Provide efficient and effective service to customers.
  • Project Management (PM): Plan, execute, and track projects to ensure successful delivery.
  • Manufacturing Execution Systems (MES): Monitor and control manufacturing processes in real-time.
  • Mobile Access: Access IFS Cloud applications on the go from any device.
  • API Integration: Integrate IFS Cloud with other business systems to streamline workflows.
  • Real-time Reporting and Analytics: Gain insights into your business performance with real-time dashboards and reports.
  • Advanced Configuration: Tailor IFS Cloud to meet your specific business needs.
  • Security and Compliance: Ensure data security and compliance with industry regulations.
  • Scalability: Easily scale IFS Cloud as your business grows.
  • Multilingual Support: Support for multiple languages and currencies.
  • Industry-Specific Solutions: Tailored solutions for specific industries, such as Aerospace & Defense, Energy & Utilities, and Construction & Engineering.
  • Artificial Intelligence (AI) and Machine Learning (ML): Leverage AI and ML to automate tasks, predict outcomes, and make better decisions.
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Product Ranking

#10

among all
ERP Software

#14

among all
ERP Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

PeopleSoft
IFS Cloud
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Analytics And Reporting Asset Management Customer Relationship Management Finance And Accounting Human Resource Management Inventory Management Manufacturing Order Management Procurement Project Management Service Management Supply Chain Management Warehouse Management 61 77 78 86 94 84 65 89 71 95 98 17 48 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Good User Sentiment 1431 reviews
Great User Sentiment 878 reviews
79%
of users recommend this product

PeopleSoft has a 'good' User Satisfaction Rating of 79% when considering 1431 user reviews from 5 recognized software review sites.

86%
of users recommend this product

IFS Cloud has a 'great' User Satisfaction Rating of 86% when considering 878 user reviews from 4 recognized software review sites.

4.6 (20)
n/a
3.7 (645)
4.0 (251)
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3.9 (30)
4.0 (249)
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4.3 (284)
4.5 (560)
4.2 (233)
3.1 (37)

Synopsis of User Ratings and Reviews

Functionality: According to 92% of reviewers, Oracle PeopleSoft provides robust functionality.
User-Friendliness: Though there were some complaints about the user-friendliness of the system, almost 80% of reviewers who mentioned the user interface said the system is easy to use once you complete training.
Integration: With fully-integrated applications, 100% of users who mentioned integration in their review were happy with the connectivity of the system.
Support: Amongst conflicted reviews concerning customer support and training, PeopleSoft came out with about 60% happy respondents.
Customization: All of the reviewers mentioning customization applauded the system’s ability to adapt to their processes and preferences.
Data Management: According to 100% of reviewers, PeopleSoft provides abundant data storage and organized data management.
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Scalability and Flexibility: IFS Cloud's cloud-based architecture allows for easy scaling to accommodate business growth and changing needs.
Improved Visibility and Insights: Real-time data and powerful analytics tools provide comprehensive insights into business performance.
Reduced IT Costs: Eliminates the need for on-premise hardware and software, reducing IT infrastructure costs.
Enhanced Collaboration: Cloud-based platform facilitates collaboration and communication between teams and departments.
Increased Security: IFS Cloud leverages robust security features and regular updates to ensure data protection.
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Navigation: The most widespread complaint amongst reviewers is concerned with complicated, disjointed navigation. Of the users who mentioned the navigation, 83%were unhappy with the UI/UX of Oracle PeopleSoft.
Reporting: Reporting capabilities of the system are considered sub-par with just over 50% of reviewers issuing complaints. Out-of-the-box reports are not robust enough and custom reports are difficult to build.
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Limited Customization: IFS Cloud offers less customization compared to on-premise ERP solutions.
Integration Challenges: Integrating IFS Cloud with existing systems can be complex and require additional resources.
Vendor Lock-in: Switching to a different ERP solution from IFS Cloud can be difficult and costly.
Learning Curve: The user interface and features of IFS Cloud may require a steeper learning curve compared to other ERP solutions.
Limited Offline Functionality: Some features and functionalities may require an internet connection.
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Oracle PeopleSoft poses issues such as difficulties in navigating the system and generating valuable reports. Otherwise, reviewers were satisfied with the system functionality, ease of use, connectivity, support, data management and ability to customize. It’s recommended that anyone adopting this system have tech-savvy end users.

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User reviews paint a mixed picture of IFS Cloud. While praised for its scalability and flexibility, users often find it less customizable than competitors like SAP and Oracle. Real-time data and powerful analytics receive high marks, with one user noting, "IFS Cloud finally gave us the insights we needed to optimize our supply chain." Conversely, others report integration challenges with existing systems, highlighting the trade-off cloud-based solutions often present. Despite concerns about vendor lock-in, many users appreciate the reduced IT costs and enhanced collaboration facilitated by IFS Cloud's cloud architecture. One reviewer commented, "After switching to IFS Cloud, our team communication improved dramatically, boosting overall productivity." However, the learning curve is steeper than with some competitors, and some users find the interface less user-friendly. The limited offline functionality is another point of contention, particularly for businesses with unreliable internet access. Overall, IFS Cloud appears best suited for businesses seeking a scalable, secure ERP solution with robust analytics who are willing to invest time in user training and integration. While it may not offer the same level of customization as its on-premise counterparts, the reduced IT costs and improved collaboration can be significant advantages for many organizations.

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