ERP from A to Z

Product Overview

IFS Applications is a single, integrated application suite that enables global and demanding businesses to successfully handle four core processes: Service & Asset Management, Manufacturing, Projects, and Supply Chain Management.

 

Full-Suite ERP

IFS Applications includes financials, human resources, quality management, document management, customer relationship management (CRM), business intelligence, sustainability management and other core functionality to facilitate full life cycle management of products, assets, customers, projects and more.

 

 


 

IFS Financials

 


Our financial components give you a comprehensive view of your business from a variety of perspectives. When you spot a trend worth investigating, you can scrutinize the appropriate financial transactions in detail. These components enhance control at all levels of the organization and support regulatory needs around the world.

IFS Consolidation™ enables you to consolidate balances from any number of companies at any number of levels, regardless of charts of accounts and reporting currencies used. Consolidation can be done in multiple corporate structures for operational and managerial purposes. The consolidation process, which can be executed for a single structure node or the complete structure at once, includes automated support for ownership and intercompany elimination. As this component is an integrated part of IFS Applications, it is possible to fetch subsidiary balances at any time and directly drill down to underlying subsidiaries.

 

IFS Budget Management™ lets you manage the financial forecasting workflow in IFS Applications with full traceability on status and input from different contributors. Use budget drivers in combination with data entry from IFS Business Analytics to define individual budget models for an organization or for individual units. Forecasting can be done for fixed years or with a rolling perspective.

 

IFS Cash Flow™ offers you flexible liquidity analyses based on a variety of scenarios that you select. Use customer orders, purchase orders, accounts receivable and payable to generate projections of your cash position. Use this information to analyze your company for better cash management and strategic decision-making.

 

IFS Project Finance™ gives you a continuous view of a project from a financial perspective over any number of years, both when the project is ongoing and after it has been closed. You can also drill all the way down into the data to the source of the transaction for a more detailed analysis. The integrated project accounting rules support different methods of capitalization and revenue recognition requirements.

 

IFS eInvoice™ improves and automates the supplier invoicing workflow by reducing the amount of invoices needing manual registration. Invoice scanning as well as true electronic invoices are enabled. Advanced rules for authorization and matching with purchase orders significantly speed up the invoice processing. Events messages and history logs further improve the process and make follow-up easier.

 

IFS Accounts Payable™ simplifies handling of your supplier invoices and payment processes. Support for self-billing reduces invoice handling. A variety of currency and payment options contributes to the agility of the component while follow-up and analysis capabilities ensure full control.

 

IFS Accounts Receivable™ simplifies customer invoicing and payment processes. It automatically handles coding of routine transactions. Integrated with customer orders and accounting rules functionality, it helps you minimize errors and simplify routines.

 

IFS Fixed Assets™ makes it easier to strategically manage your company’s fixed assets. A fully integrated accounting tool; it includes multi-country support for depreciation methods, making it the perfect fixed asset tool for a global organization.

 

IFS General Ledger™ ensures you have a solid base for financial analysis and reporting, plus powerful simulation capabilities, including multiple general ledgers and advanced distribution rules. It helps you to gather and consolidate financial events from all systems and subsidiaries within a corporate group.


 

IFS Human Resources

 


Our human resources components save you time and money by helping you manage your company’s most valuable resources cost-effectively. You get fast, accurate analysis that meets all your company’s key needs for personnel development. You also get the essential processes for workforce management and successful strategic human capital management.

 

IFS Employee Self-Service™ gives you a complete manager and employee self-service tool that ensures high data quality and employee involvement. Managers perform HR-related tasks through web pages that are designed to match their needs. Employees update their own employee data, apply for leave, internal job opportunities, etc.

 

IFS Health & Safety™ enables you to streamline health and safety processes in your organization in line with the standards specified by regulatory bodies. It covers a wide area of functionality, from incident & illnesses tracking to actions taken, safety management, risk assessment, medical examinations, material hazard information, first aid licenses, and distribution lists, to alert the appropriate people once an incident has been filed.

 

IFS Payroll Administration™ enables you to simplify and manage all your payroll procedures. Complete payroll solutions are available in selected markets, and a standard interface to third party payroll solutions is available throughout the world.

 

IFS Time & Attendance™ makes it easier for you to manage information on the working hours of your employees. Wage code distribution and the calculation of flexi-time, overtime, shift premiums, etc. are automatic and checked against the central rules. Moreover, you save critical time when employee input simultaneously feeds payroll and project, maintenance, or production systems. Enhanced control over employees’ absence periods (including actions required), along with an absence planning and requesting solution.

 

IFS Expense Management™ helps you streamline and simplify your company’s traditional expense management and reporting system by automating everything from tax calculations to travel allowances. Employees on the move can use a touch app or the web interface to report their expenses no matter where they are.

 

IFS Training Management™ provides comprehensive support for organizations with extensive internal training operations. It enables you to compile internal training requirements and use them as input for planning training events while automatically updating employee files after courses have been completed.

 

IFS Employee Development™ helps you create strategic human resource plans and processes for your company by defining your organization’s skill/competency requirements and mapping them to your available resources. Once the requirements are defined and mapped, you can use them for recruitment, employee development, or a listing of outdated or over represented competencies.

 

IFS Recruitment™ makes it easier for you to simplify the hiring of new employees by supporting all hiring processes from the personnel requisition to the final transfer of data to the employee file.

 

IFS Employee Management™ allows you to conveniently map position and organization structures within your company into the system and define work requirements and benefits applicable to employees. Providing controlled access to employee data, it simplifies the maintenance of employee information while serving as the foundation for the comprehensive operation of all employee-related processes, also in the context of multi-company and matrix organizations.


 

IFS Engineering

 


Our engineering components make it easier for you to specify and configure design elements, products, assemblies and facilities. They ensure quality by streamlining your administration of all related documentation, including revisions. Everyone in your organization gets the information they need, enabling access to continuously updated data for technical, administrative, and financial decisions. Integration between purchasing, engineering, and manufacturing processes gives you a true cross-company picture.

 

IFS Project Delivery™ lets you coordinate complex deliveries throughout their lifecycles—from tendering, detailed design, procurement, manufacturing, and/or assembly to testing, delivery, after-sale support, and maintenance.

 

IFS Commissioning™ enables you to ensure that all parts of a facility or industrial plant are designed, installed, tested, operated, and maintained according to the operational requirements of the owner or final client though a safe and orderly handover. You can do this in the application through mechanical completion packages and punch lists (also known as snag lists), for example.

 

IFS Compatible Units™ lets you manage a set of operations, parts, standard jobs, tools/facilities etc. to do a specific task, e.g. install a transformer in the field. You can also do project and asset estimations complete with revision handling and to work with parallel revisions/estimates throughout the lifecycle, from idea through realization to redesign or decommissioning. In addition, a configurator allows you to manage template structures to generate compatible unit and execution item structures based on actual characteristics.

 

IFS Asset Design™ gives you powerful tools for engineering processes and support for Internet based collaboration. It is a multidisciplinary engineering framework for creating and maintaining information about objects in plants, power grids, fiber-optic networks, and many other types of structures or facilities. You can directly import project information from suppliers and consultants. Tightly integrated with IFS Projects™ and IFS Procurement™, it supports EPCI projects and material management efficiently. Together with IFS Maintenance™, it provides complete asset lifecycle support, even for large revamp projects, without disrupting the maintenance processes.

 

IFS Engineering Change Management™ simplifies and speeds up your engineering change processes. It lets you receive, review, check, and approve changes before implementing change orders.

 

IFS PDM Configuration™ supports engineering design, configuration control, and follow-up of items and products. Advanced revision management capabilities help you comply with complex regulations. Its powerful “best-fit” search and copy functionality lets you reuse items and designs, making it easier to standardize products and parts.


 

IFS Projects

 


IFS Projects™ makes it easier for you to manage the complete project lifecycle. Fully integrated with other IFS components such as financials, procurement, inventory, customer orders, manufacturing, engineering, human resources, document management, and asset and service management, the solution is used by many types of businesses who use project principles to manage their business, including project-based manufacturing, engineering, construction, contracting and infrastructure, EPCI and R&D organizations.

 

IFS Project Reporting™ allows you to process project cost transactions against a project including time, expenses, materials and other types of miscellaneous costs. You can also use the component as the basis for billing clients where reimbursable contracts are needed and attach price lists to projects to define the rates to be used.

 

IFS Risk Management™ allows you to define project risk assessments. User-definable risk templates help establish consistent working practices. Potential problems and consequences are defined so you can manage the actions and responses required to mitigate the risk.

 

IFS Project Budgeting & Forecasting™ provides you with comprehensive functionality to manage project cost control. User-definable project forecast types enable you to support multiple versions of project estimates, budgets, forecasts, reviews, etc. The system supports Estimate to Complete (ETC) and Estimate at Complete (EAC) principles. Budgets can be controlled by cost (CBS) and work breakdown structures (WBS). Spreading rules are available, including S Curves and Straight Line logic.

 

IFS Planning & Scheduling™ allows you to schedule project schedules in IFS. Gantt display options are available, and the planning logic supports dependencies and constraints. Resource planning and simulation are also supported. IFS Applications provides bi-directional integration to tools such as Microsoft Project® or Primavera®.

 

IFS Project Management™ allows you to create projects using user-defined WBS. Templates can be used to establish business process consistency. Costs, revenue, hours and quantities can be associated with the project WBS. Progress and Earned value are supported. All costs are tracked at all levels of the WBS, including Estimate, Baseline, Latest Forecast, Committed, Earned Value, and Actual. The Projects component holds the project plan, which is then used to generate the sub-plans for other areas such as procurement, engineering, manufacturing, installation and construction.

 

IFS Sub-Contract Management™ makes it easier for you to manage simple or complex sub-contractor activities, e.g. if you sub-contract a construction phase, the component allows you to easily manage the scope. You can track progress and make valuations based on valuation methods such as progress and quantity installed. The solution has strong change management capabilities so you can more easily manage variations to scope. You can send work instructions to your sub-contractors, receive invoices and applications from the sub-contractor, and generate valuation certificates.

 

IFS Sales Contract Management™ enables you to manage the lifecycle of your sales contracts from bid and tendering through completion and handover. You also get application-for-payment functionality and can more easily control defined mark-up and retention rules, certificates, and payments. You can generate invoices and applications based on a number of flexible options including progress, quantity, sales value, cost plus and milestones. Reimbursable project invoicing is also supported. The component has strong change management capabilities to manage variations to scope.


 

IFS Manufacturing

 


Our manufacturing components support all phases of the manufacturing process for all your employees, making it easier to plan, execute, control, and analyze many types of manufacturing. This powerful, multifaceted solution offers a simple, highly automated flow for handling repetitive tasks with advanced management-by-exception functionality to trap and action exceptions. It also supports lean principles and mixed-mode manufacturing, where different types of processing coexist in the same manufacturing environment.

 

IFS Engineer-to-Order™ makes it easier to handle customer-specific design by integrating projects and product structures. The ordered product structures can be a combination of standard products and project-specific structures. Use the project plan to initiate procurement, and you can register every change, ensuring optimal flexibility, control, and cost-effectiveness in the delivery project.

 

IFS Configure | Make | Assemble-to-Order™ helps you manage and simplify the production to order process, from advanced make-to-order (MTO) to simple assemble-to-order (ATO), including multilevel pegged (DOP) structure, possibilities. It comes with order-unique production design for standard products or characteristics-based configuration with built-in production and sales rule logic.

 

IFS Make-to-Project™ offers greater agility when manufacturing in a project context by letting you to connect shop orders, multilevel pegged (DOP) structures, purchase orders, and other items directly to project activities. Inventory functionality can be performed in a project context, and you can transfer material between project activities, and between project inventory and standard inventory.

 

IFS Batch Manufacturing™ supports recipe/formula-based manufacturing typically found in the food & beverage, pharmaceuticals and chemical industries. The solution includes full traceability from raw materials through intermediates to finished goods. Batch balancing makes it easy to deal with batch size restrictions on multiple levels. Sequencing based on product characteristics minimizes changeover cost. IFS Batch Manufacturing comes with native support for quality management with control plans and analysis, catch weight and multiple units of measure.

 

IFS Repetitive Manufacturing™ improves your efficiency by reducing, and even eliminating, transactions in the manufacturing process. Combined with IFS Material Planning™, you can create a hybrid pull/push system using material requirements planning (MRP) to generate production line schedules, plan supplier schedules, and dimension Kanban circuits.

 

IFS Component MRO™ provides you with an extensive support for doing repairs on components in a service or manufacturing environment, with complete control of costs, risk, revenue and scope. It comes with the possibility to define part exchange deals—loan, single- and double exchange—which make your supply chains more agile and efficient.

 

IFS Shop Order™ gives you a comprehensive tool for monitoring and controlling shop orders throughout their lifecycles to ensure that what you plan is what you make. It provides you with support for many production models and is closely integrated with IFS Costing™ and IFS Inventory™.

 

IFS Constraint-Based Scheduling™ optimizes your production schedule so you can quickly respond to changes in the marketplace or customer demands. By identifying production bottlenecks, you can deliver on time and keep production costs under control. Multisite, multilevel capability checks give you an advanced tool for accurate delivery time estimation. With sequencing assistance, you can schedule operations based on characteristic to minimize setup time. The component also includes Advanced Planning Board, an off-line scheduling planning tool which you can operate simultaneously with the on-line client.

 

IFS Shop Floor Reporting™ is an efficient, easy-to-use way for your employees to quickly report production information. It gives you the status of your operations, the quantity of manufactured and discarded items, and the accumulated operator hours.

 

IFS Costing™ gives you insight into the costs associated with your company’s products for better decision-making. It supports traditional costing, activity-based costing (ABC), or a combination of both.


 

IFS Supply Chain

 


Our supply chain components, together with manufacturing, form the basis for your supply chain management solution. These components offer the simplicity you need to better visualize product flows and use the system efficiently, and you can easily adapt to different distribution models and working methods. They give you the agility you need to grow and support change throughout your enterprise and let you take advantage of real-time communication throughout the order-to-delivery chain.

 

IFS Demand Forecasting™ allows you to plan visually using graphical representations. A highly collaborative, graphical, and interactive tool, it is one of the most sophisticated and easy-to-use forecasting tools on the market today.

 

IFS Multi-site Planning™ helps you improve on-time delivery and customer satisfaction by better forecasting supply and demand for your products when working in a multi-site environment. You can develop a comprehensive master production schedule, calculate time-phased material net requirements and optimal lot sizes, create distribution orders, and then calculate the production capacity needed.

 

IFS Inventory Replenishment™ allows you to execute differentiated, highly automated inventory planning integrated with the demand forecast. It also makes inventory replenishment more agile by providing a multitude of planning strategies such as economic order quantity, service level- driven safety stocks and special models to handle slow-moving parts.

 

IFS Distribution™ makes it easier for you to interact with customers by providing flexible support to manage various kinds of charges, campaigns, promotions and rebates. It also gives you support for standardized integration between trading partners using GS1 including support for GTIN (Global Trade Item Number) and SSCC (Serial Shipment Container Code).

 

IFS Customer Orders™ lets you handle your customer order processing at one or more locations and is a fundamental part of the IFS Supply Chain solution. IFS Customer Orders provides a multitude of pricing options for your business, enabling you to work with tailored pricing models.

 

IFS Procurement™ lets you streamline your procurement administration and is a fundamental part of the IFS Supply Chain solution. It helps you achieve better pricing from suppliers through centralized purchasing and is well suited for multisite companies operating in the global environment.

 

IFS Rental Management™ provides embedded functionality for supporting the rental processes: renting in, renting out and handling rental demand on project. Rental demands can be supplied both internally, from own inventory or internal supplier through the inter site process, or externally, back-to back. A single solution gathering all data in a central component, it offers common processes for rental and non-rentals e.g. deliveries, receipts, inventory management, and invoicing.

 

IFS Warehousing™ helps you manage the entire warehousing process from goods receipt to point of issue. The solution includes comprehensive support for traceability, shelf life management, consignment stocks and statistics. Multisite environments are fully supported to facilitate movement of goods between sites.


 

IFS Sales & Service

 


Our sales and service components provide business processes vital to your customer relationship management (CRM). They manage your customer interaction chain from the sales lead, through the sales cycle, to the ongoing support and service of the customer. Our sales and service concept allows you to focus on where you can add value to your customer through product, service, and support.

 

What-If Scenario Explorer™ (WISE) is an advanced modeling tool for organizations with a mobile workforce. As planning for change is an integral part of successful service delivery, WISE lets you evaluate alternative courses of action to choose the path with least risk and highest reward. WISE puts the power of the Dynamic Scheduling Engine to work to help you explore different scenarios, more quickly and more accurately than ever before.

 

IFS Component Repair™ enables you to manage the entire business flow from intake of parts to be repaired to final invoicing. The solution provides support for simpler repairs using shop orders or work orders depending on preference, and also supports advanced/multilevel structure repairs with dispositioning functionality in the shop order environment. Repairs under service contracts are supported as well as external service orders.

 

IFS Mapping™ enables you to visualize driving routes, alert on due jobs and efficiently plan last minute jobs. It provides virtual road and satellite maps with overlay information about ongoing and planned jobs and is integrated with Microsoft Bing™ Maps for Enterprise (Software + Service). Any business object such as customers and customer orders in IFS Applications can be configured to be visualized in the map.

 

IFS Call & Case Management™ enables you to effectively provide call center services to your customers for field service or product support. IFS Call & Case Management also supports thorough analytics by bundling a set of prepackaged measures for all parts of the process.

 

IFS Dynamic Scheduling™ enables you to optimize your mobile workforce by dynamically scheduling multiple business-defined constraints, such as skills and SLAs, to improve customer service and work efficiency. A highly scalable scheduling solution, it includes the Dynamic Scheduling Engine (DSE) and an intuitive scheduling workbench for exception management. It is available both on-premise and through the cloud (Software as a Service).

 

IFS Field Service™ enables your service operations to streamline their customer-focused business processes from quotation and order taking to invoicing and analysis. It also supports field service and workforce scheduling, including mobile workforce management, as well as accurate pricing within and beyond warranty periods.

 

IFS Service Contract Management™ lets you accurately specify and control the service level for each of your customers and service activities. It improves efficiency by automatically checking and following up on items agreed in the contract.

 

IFS Sales Configurator™ guides your sales personnel and customers smoothly and conveniently through your selection of products, product characteristics, and accessories. An easy-to-use “product advisor” builds configurations through a series of questions that precisely define requirements.

 

IFS Web Store™ gives you an out-of-the-box solution for web-based order management and an ideal tool for spare parts sales. You get a variety of ways of searching for and selecting products, as well as price and availability checks, customer registration, and order tracking.

 

IFS CRM™ enables you to create one corporate memory with end-to-end visibility to customer information. With it, you can integrate back-office processes directly with front-office processes


 

IFS Maintenance

 


Part of a complete enterprise asset management (EAM) system, our asset components enable you to anticipate and adapt to the rapidly changing demands of the world around you. Easy to work with and access, the solution contains the comprehensiveness and depth of functionality that you need for day-to-day asset requirements as well as continuous development and improvement.

 

IFS Overall Equipment Effectiveness™ enables you to increase revenue by making it easier to evaluate proposed improvements in equipment performance and to balance between KPIs to operate as effectively as possible. It manages all operational events such as availability, performance, quality, and OEE. The solution has an easy-to-use graphical interface for operators and process engineers.

 

IFS B2B Contracting™ lets you communicate with approved and evaluated sub-contractors to run the tender process for service and maintenance outsourcing via a collaboration portal. You can more easily compare tenders, get better prices, and cut administration costs. Data quality also improves as information is entered only once. Winning contractors gain access to detailed instructions and report job execution via the portal. All data on finished jobs is then available from a single location.

 

IFS Complex MRO™ helps you provide superior customer service and reduce costs through leaner, more efficient MRO operations. By aligning personnel, material, and other resource requirements, you can reliably meet due dates and improve turnaround times.

 

IFS Vehicle Information Management™ makes integrated fleet and configuration management as well as regulatory compliance easier and more efficient. It supports serialized parts control, operational planning, preventive maintenance planning, and modification management.

 

IFS Preventive Maintenance™ helps you manage schedules for regular preventive maintenance. You can organize and prepare all kinds of tasks in a facility. You can also schedule tasks according to your own maintenance parameters, such as machine condition, specific events, a calendar, or even whether an employee or contractor must perform the tasks.

 

IFS Scheduling & Resourcing™ enables you to plan resources more efficiently by streamlining work order scheduling and activity planning, providing a common way of planning preventive maintenance and initiating corrective maintenance. The graphical drag-and-drop interface lets you make changes quickly and simply. Through integration with IFS Human Resources™, it enables you to automatically compare personnel needs with the availability of various competencies. Constraint based scheduling for work orders is supported for more complex maintenance activities.

 

IFS Work Order™ makes your maintenance operations more efficient, cutting direct and indirect costs and reducing the loss of revenue due to downtime. It manages all tasks affecting your maintenance organization—fault reporting, preparation, planning, execution, and final reporting.

 

IFS Linear Assets™ covers both definition/administration of linear assets, segmentation and elements (used to associate linear assets with non-linear assets), as well as maintenance execution of linear assets. The solution also supports revision management for linear assets, allowing users to view historical and planned configurations.

 

IFS Equipment™ manages and structures information about your machines, buildings, ventilation systems, transport systems or any asset you need to maintain. Fully integrated with IFS Asset Design, it provides a complete asset lifecycle management solution for both new facilities, operations and plant rebuilds.


 

IFS Business Enablers

 


Our business enabler components let you create and enhance relationships, taking advantage of the latest web, mobile and social technologies. You can give employees, customers, suppliers, and other partners personalized, accurate, real-time information through easy-to-use role-based portals, event streams, and built-for-purpose mobile solutions. IFS’ business enabler components also allow you to integrate with internal and external systems through web services while ensuring security, performance, and scalability.

 

IFS Collaborative Solutions™ supports both internal and external collaboration. Internally, users collaborate through the secure, in-context IFS Talk service, much like they would on Facebook or LinkedIn. External collaboration is provided through business-to-business web-based portals for your customers, suppliers, and partners, giving them access to key collaborative processes in IFS Applications.

 

IFS Role-Based Portals™ provides users with an at-a-glance view of the situation for a particular role or process, drawing their attention to key tasks and relevant information. The employee-facing portals are easily tailored to match your organization’s unique needs and the personal preferences of the user. They can be viewed inside IFS Applications, in a browser, or on mobile devices.

 

IFS Mobile Solutions & Apps™ lets your employees perform tasks such as time and expense reporting, authorizations, report access and much more from any device and any location. Available for iPhone/iPad, Android and Windows, the apps let your employees work when and where they want, including from their own devices (BYOD).

 

IFS Integration & Data Management™ provides the integration capabilities you need to connect IFS Applications to your other applications, or to your enterprise service bus—be it with web services, messaging software, or good old file transfer. Data migration and replication build on the integration capabilities to provide support during implementation or ongoing master data management.

 

IFS Event Management™ lets you proactively notify people and initiate actions as business events take place. Integrated with IFS Connect, the application lets you subscribe to and receive notifications through a wide range of communication channels, such as e-mail, SMS, or the IFS Streams service. Users can subscribe to business events, such as status changes.


 

Cross-Functional Components

 


Our cross-functional components provide you with a set of powerful tools that streamline, simplify, and handle critical processes found within most industries and businesses. These processes include business intelligence, sustainability management, supply chain management, process modeling, and document, quality and lifecycle management.

 

IFS Accounting Rules™ offers you a common set of rules for all manual and automatic postings within IFS Applications. You get an excellent overview that secures your company’s accounting model. Standardized interfaces make it easy for you to handle transactions sent to and received from IFS Applications and non-IFS business solutions.

 

IFS Sustainability Management™ gives you comprehensive support for all stages of a product’s lifecycle, through the entire supply chain to the use phase and end of life. It leverages existing data, lets you create material declarations and environmental product declarations, and serves as a base for environmental reporting such as GRI. Due to its flexible nature you can use it for all kinds of compliance purposes, e.g. REACh, RoHS or WEEE, as well as eco-label proofing.

 

IFS Lifecycle Management™ puts you firmly in control of whatever lifecycle you handle, be it asset, product, project, customer, service, or any other crucial business or operational flow. From design to disposal and beyond, all information and feedback are documented in the same system and easily available to anyone authorized to access them—today and well into the future. This means you can learn from the past, reduce errors and continuously improve your business processes.

 

IFS Document Management™ gives you full control over your company’s documentation. It handles the creation and development process for documents and includes easy-to-use search tools. Other functionality includes workflow, templates, version and release management, support for invoice scanning (OCR) and redlining. IFS Document Management can satisfy any of your power users, yet its web-based interface is so user-friendly that new users can be up and running

 

IFS Business Intelligence™ includes a built-in and prepackaged BI solution. With IFS Business Analytics™ you can do analytical reporting directly in Microsoft® Excel® based on data from IFS Information Sources™. It is also the main reporting tool for financial reporting. IFS BI Analysis Package™ is a set of prepackaged OLAP cubes with business-oriented measures and dimensions in different product areas for interactive analysis or as a basis for predefined analysis views or dashboards. It is powered by Microsoft BI. IFS Information Sources also enables connectivity to other 3rd party BI tools, so you can implement your BI strategy of choice.

 

IFS Enterprise Operational Intelligence™ (IFS EOI™) enables integrated end-to-end performance management. This allows companies to achieve intelligent business operations by combining data from multiple sources. IFS EOI offers predictive to prescriptive analytics ranging from strategic visual insight down to influencing operational decisions to enable better and faster decision-making. A key differentiator for IFS EOI is its model-centric rather than data-centric architecture.

 

IFS Quality Management™ provides a fully integrated solution that streamlines and standardizes quality management data across the entire value chain. It covers a wide area of functionality, from quality control, including Control Plans, SPC Charts, and Capability Indices, to quality assurance areas such as FMEA, Quality Audits, Non-Conformance Reporting, MRB and CAPA.

 

IFS Process Models™ provides you with an integrated package of tools, methods, and graphical models for developing and communicating your company’s work procedures, routines, and responsibilities. You can use it to tune and communicate your company processes while implementing IFS Applications. The graphical documents produced become models for your corporate structure and processes.

 

IFS Configuration & Extensibility™ enables organizations to tailor their IFS Applications to even better fit their business by extending the data model, adapting or adding to the user experience, and complementing the application flow logic.

 

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