Stackmark

SystemsVendor profile

IFS

ERP built around asset-heavy and field-service operations, so the service, maintenance and project modules carry as much weight as the financial ones.

61 facts on record4 sourcesverified September 202613 modules

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01Profile

Categories
ERP, Accountingverified 2026-09-07Suggest a correction
Company size fit
200–20,000 employeesverified 2026-09-07Suggest a correction
Cost band
Upper mid-marketverified 2026-09-07Suggest a correction
Deployment
Cloud, On-premise, Hybridverified 2026-09-07Suggest a correction
Headquarters
Linköping, Swedenverified 2026-09-07Suggest a correction
Regions served
EMEA, North America, APACverified 2026-09-07Suggest a correction
Founded
1984verified 2026-09-07Suggest a correction
Owner
IFS ABverified 2026-09-07Suggest a correction
Website
ifs.comverified 2026-09-07Suggest a correction
Customers claimed
14,000 (vendor figure, as of 2026-09-07)[1]verified 2026-09-07Suggest a correction

02Pricing and editions

Pricing model
Per userverified 2026-09-07
Published list price
None published. Stackmark records a cost band, not a modelled figure.

03Functional depth

How deeply each module is covered, as recorded against the sources below. Core and moderate are native; partner means a certified add-on carries it; none is a recorded absence.

Coverage Map · ERP and finance systems · 2026-Q3COVERAGE MAP · ERP AND FINANCE SYSTEMS · 2026-Q3AI featuresAsset managementBusiness intelligenceCRMEcommerceField serviceFinancial managementHR and payrollInventory managementLocalizationsManufacturing managementProcurementProject managementQuality managementSupply chain managementWarehouse managementIFS 1IFS · AI features: Unverified. Unverified — not yet checked against a source. Footnote 1.IFS · Asset management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Business intelligence: Moderate. Moderate — native, documented as secondary or lighter scope. Footnote 1.IFS · CRM: Moderate. Moderate — native, documented as secondary or lighter scope. Footnote 1.IFS · Ecommerce: None. None — the vendor does not offer it. Footnote 1.IFS · Field service: Core. Core — native, documented as a primary module. Footnote 1.IFS · Financial management: Core. Core — native, documented as a primary module. Footnote 1.IFS · HR and payroll: Moderate. Moderate — native, documented as secondary or lighter scope. Footnote 1.IFS · Inventory management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Localizations: Unverified. Unverified — not yet checked against a source. Footnote 1.IFS · Manufacturing management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Procurement: Core. Core — native, documented as a primary module. Footnote 1.IFS · Project management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Quality management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Supply chain management: Core. Core — native, documented as a primary module. Footnote 1.IFS · Warehouse management: Moderate. Moderate — native, documented as secondary or lighter scope. Footnote 1.CoreModeratePartnerNoneUnverifiedRows alphabetical · no totals · reuse with attribution, uncropped

Coverage Map · ERP and finance systems · 2026-Q3

  1. 1IFS — depth stated from 4 sources, verified 2026-09-07; unverified: AI features, Localizations

Unverified: AI features, Localizations. Not checked yet; not a statement either way.

04Vertical focus

Industries the vendor names in its own positioning. Absence from this list is not a statement that the system is unsuitable, only that the vendor does not lead with it.

  • Manufacturing
  • Energy
  • Aerospace & defense
  • Construction

Evaluated for

  • Field serviceBusinesses that dispatch technicians to customer sites, where work orders, parts, contracts and mobile access drive the finance and inventory record.
  • Make-to-order manufacturingDiscrete production where each order carries its own bill of materials and routing, and margin depends on job costing and shop-floor scheduling.
  • Project-based servicesFirms that sell time and deliverables, where revenue, cost and utilisation are tracked by project and billed against milestones or hours.
  • Multi-entity consolidationA group of legal entities, often in several currencies, that needs intercompany eliminations and a consolidated close from one ledger.

05Strengths and watch-outs

Strengths

  • ERP, enterprise asset management and field service management run on one platform and data model in IFS Cloud.[1]
  • Manufacturing covers configure and make-to-order, project-based, discrete, batch-process, repetitive and component repair modes in one suite.[1]
  • Maintenance, repair and overhaul, predictive maintenance and work-order management are core, with aerospace and defence features such as S1000D support and ITAR compliance.[1]
  • The projects module handles work and cost breakdown structures, subcontract workforces and margin control for contract-based and defence work.[1]
  • Deployable as SaaS, IFS-managed cloud or on-premises, with a choice of data residency.[1]
  • Localisation packs for more than 40 countries and 22 or more interface languages.[1]

Watch-outs

  • IFS Applications 8 to 10 is the legacy line; new evaluations target IFS Cloud (launched 2021) and existing customers face a migration project.[1]
  • No ecommerce module.[1]
  • Reporting and business intelligence depend on third-party tools.[1]
  • Sold and largely supported through partners; the partner bench is smaller than SAP, Oracle or Microsoft, and the customer base has historically been concentrated in Europe.[1]
  • Priced as a custom-quoted annual subscription aimed at mid-market and enterprise deployments; ERP Research judges it a poor fit for small businesses.[1]
  • Third-party extensions are licensed per platform; running IFS on more than one operating system means buying each extension more than once.[1]

06Consider when

  • Consider IFS when physical assets and maintenance work orders drive daily operations, as in aerospace, energy, utilities or complex project manufacturing.[1]

  • Consider IFS when you want ERP, asset management and field service from one vendor rather than integrating three products.[1]

07Implementation

Typical time to go-live
6–14 months[1]verified 2026-09-07
Services, as a multiple of first-year licence
1×–2×, as cited[1]verified 2026-09-07

08Evaluated alongside

Systems with a comparable size fit and cost band, which is why they appear on the same shortlists. Each link opens a head-to-head built from both records. They are the pairings a buyer is likely to shortlist, not a limit on what can be compared: any two systems in the dataset can be laid side by side, including combinations we never pair.

Those are the systems commonly evaluated alongside IFS, not a limit on what can be compared. Choose any system to compare with IFS.

09Module notes

One note per module the system offers: the recorded depth, what to ask in a demonstration, and which other tracked systems carry the module natively.

10Questions buyers ask

What is the difference between IFS Applications and IFS Cloud?
IFS Applications (versions 8 to 10) is the legacy line; IFS Cloud, launched in 2021, unifies ERP, EAM and FSM on one platform. New buyers evaluate IFS Cloud.[1]
Is IFS cloud or on-premise?
Both. IFS hosts and upgrades the cloud version; customers can also run on-premises on Microsoft technologies such as SQL Server, with a choice of data residency.[1]
How is IFS licensed?
Annual subscription bundling software, hosting, upgrades and basic support, scaled by named users, user roles, modules and extensions. On-premises licensing is also available.[1]
How long does implementation take?
ERP Research cites 6 to 14 months as typical, with services usually costing one to two times the annual licence. Implementation runs through certified partners.[1]
Which industries does IFS serve?
Aerospace and defence, construction and engineering, energy, utilities and resources, manufacturing, transportation and telecommunications.[2]
Is IFS suitable for small businesses?
Not typically. The customer base runs from roughly 500 employees to several thousand, and ERP Research describes it as a poor fit for small businesses.[1]
Where is IFS based?
Sweden. IFS was founded in 1984 and has around 5,000 employees across roughly 20 countries.[1]

11Sources

Every fact in this profile was taken from the pages below, on the date shown. Footnote markers on the page point here. The positioning statement is Stackmark’s own.

  1. [1]IFS Applications Review 2026: Pros & Cons | ERP Researchhttps://www.erpresearch.com/en-us/ifs-applications-overview · retrieved 2026-09-07
  2. [2]IFS. AI-Powered Software Built for Your Industryhttps://www.ifs.com/ · retrieved 2026-09-07
  3. [3]Enterprise Resource Planning (ERP) Software Solutions | IFShttps://www.ifs.com/solutions/enterprise-resource-planning · retrieved 2026-09-07
  4. [4]Verify you're humanhttps://docs.ifs.com/ · retrieved 2026-09-07