IFS Applications vs Workday
Side-by-side comparison of IFS Applications and Workday — features, pricing, modules, and deployment options.
IFS Applications vs Workday at a Glance
| Criteria | IFS Applications | Workday |
|---|---|---|
| Best For | Asset-intensive industries needing ERP, EAM, and field service in one platform | People-centric organisations needing unified HR + finance |
| Starting Price | $110/user/mo | Custom quote |
| Pricing Model | per-user | custom |
| Deployment | cloud, on-premise, hybrid | cloud |
| Company Size | 251-1000, 1001-5000, 5000+ | 1001-5000, 5000+ |
| Implementation | 6–14 months | 6–12 months |
| Typical Cost | $200K–$1M+ | $300K–$2M+ |
Module Comparison
| Module | IFS Applications | Workday |
|---|---|---|
| Finance & Accounting | ★★★ Strong | ★★★ Strong |
| Manufacturing | ★★★ Strong | — N/A |
| Supply Chain | ★★★ Strong | ★ Basic |
| CRM | ★★ Moderate | — N/A |
| HR & Payroll | ★★ Moderate | ★★★ Strong |
| Project Management | ★★★ Strong | ★★★ Strong |
| Inventory Management | ★★★ Strong | ★ Basic |
| Procurement | ★★★ Strong | ★★★ Strong |
| Warehouse Management | ★★ Moderate | — N/A |
| Ecommerce | — N/A | — N/A |
| Business Intelligence | ★★ Moderate | ★★★ Strong |
| Quality Management | ★★★ Strong | — N/A |
| Field Service | ★★★ Strong | — N/A |
| Asset Management | ★★★ Strong | ★ Basic |
Pros & Cons
IFS Applications
Pros
- +Best-in-class field service management (FSM)
- +Integrated enterprise asset management (EAM)
- +Excellent for project-based and engineer-to-order manufacturing
- +Strong MRO (maintenance, repair, overhaul) capabilities
Cons
- -No ecommerce module
- -Smaller partner ecosystem than SAP/Oracle/Microsoft
- -Less known in North America (strong in Europe)
- -Reporting/BI relies on third-party tools
Workday
Pros
- +Best-in-class HCM — payroll, talent, workforce planning
- +Excellent financial planning and analytics (Adaptive Planning)
- +Unified data model — no separate data warehouses needed
- +Consumer-grade UX with strong mobile experience
Cons
- -No manufacturing, warehouse, CRM, or ecommerce
- -Not a full-suite ERP for product-based businesses
- -Very expensive for mid-market companies
- -Limited supply chain capabilities
When to Choose IFS Applications
- You need an ERP best suited for asset-intensive industries needing erp, eam, and field service in one platform
- Your company has 251-1000 or 1001-5000 or 5000+ employees
- You operate in Aerospace & Defense, Construction, Oil & Gas
- You prefer cloud / on-premise / hybrid deployment
- Your budget aligns with $110/user/mo starting price
When to Choose Workday
- You need an ERP best suited for people-centric organisations needing unified hr + finance
- Your company has 1001-5000 or 5000+ employees
- You operate in Professional Services, Healthcare, Education
- You prefer cloud deployment
Frequently Asked Questions
Is IFS Applications better than Workday?
It depends on your business needs. IFS Applications is best for asset-intensive industries needing erp, eam, and field service in one platform, while Workday is best for people-centric organisations needing unified hr + finance. IFS Applications starts at $110/user/mo and Workday starts at custom pricing.
How does IFS Applications pricing compare to Workday?
IFS Applications uses a per-user pricing model starting at $110/user/mo, while Workday uses a custom model. IFS Applications typical total cost is $200K–$1M+ vs $300K–$2M+ for Workday.
Which is better for aerospace & defense: IFS Applications or Workday?
Both vendors serve aerospace & defense companies. IFS Applications is typically chosen by 251-1000, 1001-5000, 5000+ employee organizations, while Workday targets 1001-5000, 5000+ employee companies. Consider your company size and specific module needs to decide.
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