Epicor Kinetic vs IFS Cloud
Last Updated:Our analysts compared Epicor Kinetic 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.
Product Basics
Kinetic (formerly Epicor ERP) is a cloud-based ERP that supports on-premise and hybrid deployment. It connects diverse production workflows and departments into one focused hub for medium and enterprise-level companies. Top modules include project management, project contracts, data analytics, accounts management, core financials and IoT.
Its flexibility and connectivity reduce communication issues and human mistakes while automating processes. The cloud-based deployment option allows employees to leverage its capabilities regardless of physical location. It contains advanced reporting and analysis tools that enable users to develop actionable insights to improve day-to-day operations with real-time information.
Positive user feedback highlights its manufacturing-focused configuration and functionality, with support for financial accounting. There are some negative reviews about poor tech support and limited learning materials, however, overall user sentiment is positive.
In terms of pricing, Kinetic offers a flexible subscription model based on the modules and features required by each business. Specific pricing details may vary depending on customization and implementation needs.
To explore other popular solutions that Epicor offers, visit our Epicor company page.
Pros
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Cons
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Product Assistance
Product Insights
- Chronicle Cash Flow: Save project fees and allocate on-time invoices to manage costs and ensure clients receive their bills. Boost cash flow forecasting via effective financial management.
- Access In-Depth Business Analytics: Make wiser business decisions based on company-specific profit margins, sales information and workflow performance data. Access dashboards and custom reports that analyze real-time data and present actionable insights.
- Simplify Demand and Order Management: Capture customer orders, manage product configurations and automate order fulfillment with a tightly integrated CPQ and eCommerce platform.
- Use Simple MES Data Exchanges: Reduce double-data entries, leverage accurate data between interfaces consistently, and import and export information for advanced MES practices for easier data collecting and transfers.
- Deliver Centralized Client Management: Govern contacts, leads, patrons and more from any mobile device, making it easy to maintain and manage relationships and data anywhere. Supervise region, team and proposal insights in one centralized location instead of traveling to all worksites.
- Exhibit Supply Chain Visibility: Use advanced electronic data interchange (EDI), material requirements planning (MRP), and advanced planning and scheduling (APS) to review inventory levels, manage demand fluctuations and ensure on-time deliveries.
- Access Resources From Anywhere: Review operations, dashboards and vendors on the go with mobile access. Monitor processes on your preferred iOS or Android device via the CRM mobile app.
- 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.
- Project Management
- Planning and Analysis: Leverage user-established cost analytics throughout work breakdown structures (WBS), defining all project components and creating WBS templates for quick reference. Record all general ledger and project transactions in one centralized ledger for base reconciliations and reporting.
- Contract Management: Meet contractual obligations while protecting profitability. Rely on the system to define source cost rates across levels, monitor resource ceilings, link planning contracts with projects and seamlessly develop claims for any or all contract lines on one screen.
- Billing Types: Obtain several billing types, such as progress, fixed price, milestone and quantity. Use bill plans, recurring payment, subscriptions, time and expenses, part price lists, and markups.
- Manufacturing
- Lean Manufacturing: Optimize production processes, reduce waste and manage manufacturing operations by incorporating lean principles. Apply Kanban systems, enable manufacturing without work orders and automatically process material flow.
- Job Management: Access detailed job tracking and reduce overproduction with drag-and-drop planning and material availability checks. Ensure quality and production with job manager assistance and production planners.
- Manufacturing Execution System (MES): Monitor production activities and automatic data collection from equipment via touchscreen interfaces. Support operators in making smart decisions regarding productivity, waste reduction and risk mitigation.
- Quality Assurance: Enhances quality control by providing tools for managing quality processes, inspections, supplier returns and automated debit processing within the manufacturing environment.
- Analytics and Reporting
- Sales and CRM: Uncover more detailed business patterns and obtain deeper awareness of accounts, regions, orders and more. Review net sales, shipped and ordered quantities, material costs, fixed and variable burdens and labor fees.
- Materials Management: Optimize purchase spending and evaluate vendor performances. Track shipment progress and review costs, on-hand amounts, in-transit, bill of lading information and shipped on time, amongst others.
- Financials: Govern cash flows for more trends with a holistic filter for payables, receivables, customer payment cycles and vendor payment conditions. Drill down into organized accounts and payments on income statements and balance sheets.
- Production: Verify high-quality, manufactured products for the ideal client at the right time. Monitor tool quantities, good values, actual setup hours, defined labor rates, production run standards and more.
- Preventive Maintenance: Employ the EDA equipment maintenance data and dashboard to inspect maintenance data for suppliers, tasks, plants and open and closed requests. Boost preventive maintenance services and average response times for obstacles so managers can catch production bottlenecks.
- Field Service: Use EDA data to oversee consumers, parts, service call types and warranty eligibility linked with service requests. Summarize totals, call counts for each service representative and other relevant indications.
- Data Exchange
- Integrations: Import and export data quickly to avoid manual data entry mistakes while maintaining data integrity. Manage specific information, data amounts and file formats for easy storage and sharing. Allocate data expeditiously and handle detailed tasks for IT teams and administrators.
- In and Outbound Data: Import master information from ERP systems and send production details between MRP and ERP solutions. Regulate where data goes and how to handle it with ease.
- Financials Core
- General Ledger: Process and post all purchases made across this and other solutions. Manage manual entries, meet economic compliances, boost productivity and push enterprise efficiency.
- Accounts Payable: Implement petty cash to manage in and outbound cash activities, employee fees and advances, vendor expenditures and customer receipts. Track promissory notes, post-dated checks and other credit tools.
- Accounts Receivable: Establish coherent tools to monitor invoicing, credit, cash and client requirements. Create automatic invoices via order releases to reduce more work and typos.
- Business Architecture: Use the data discovery function to access pre-made financial management, accounts receivable and payable content. The human capital management link transfers information to payroll providers, benefit vendors and more.
- Global Engines: Support financial management across locations, vendors and global boundaries with country-specific implementation packs. Support multi-currency transactions, automate conversions and accurate financial reporting.
- Epicor Automation Studio: Let users connect data and automate workflows across various apps with Epicor Automation Studio, a built-in low-code iPaaS solution. Access an integration marketplace, pre-built workflow automation templates and other native tools.
- Virtual Agents: Rely on chatbots to pinpoint supply chain disruptions and recommend sourcing options based on predictive events.
- 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.
Product Ranking
#11
among all
ERP Software
#131
among all
ERP Software
Analyst Rating Summary
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User Sentiment Summary
Epicor Kinetic has a 'good' User Satisfaction Rating of 78% when considering 935 user reviews from 5 recognized software review sites.
Synopsis of User Ratings and Reviews
Kinetic offers a comprehensive ERP solution designed for multimodal manufacturers. It offers a robust combination of core financials, extensive integrations and country-specific implementation support. The advanced overlaid manufacturing module addresses future scalability needs. Its modern interface supports various business models through manufacturing processes.The user-based subscription model lets businesses adjust costs based on their specific needs. The solution is available in both perpetual and subscription licensing models, providing businesses with the flexibility to choose the most suitable option.Features like MES data exchange and Kanban systems manage production processes and reduce waste. Additionally, in-depth business analytics provide valuable insights into sales, profit margins and workflow performance for informed decision-making.Users praise this vendor’s configurable options and range of functions that cater to their unique business needs. Positive feedback also includes mentions of a unified platform for customer interactions. Despite its robust customization and integration options, many users report a steep learning curve and limited training resources.Overall, Kinetic is a comprehensive ERP solution that offers significant benefits to manufacturers looking to improve their operational efficiency, decision-making and profitability.
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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