IFS vs. Wave: Which is Best? - Wheelhouse

IFS vs. Wave: Which is Best?

IFS vs. Wave Best Overall: IFS

In our comparison of IFS vs. Wave, IFS is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

IFS Quick Info
WH Score:
8.6
Pricing Score:
8.4
Feature Score:
8.9
Usability Score:
8.4
Company Size:Mid Market, Large Market
Platforms:
Wave Quick Info
WH Score:
7.8
Pricing Score:
7.1
Feature Score:
7.6
Usability Score:
7.9
Company Size:All Sizes
Platforms:

Pricing

IFS Pricing
Price Range
Contact Us

* Vendor does not share prices.

Wave Pricing
Wave Money Management
Free
per user / per month

Features

IFS Features
  • Manufacturing Resource Planning (MRP)
  • Material Requirement Planning (MRP)
  • Production Planning/Management
  • Product Lifecycle Management (PLM)
  • Assembly Management
  • Shop Floor Control
  • Item Tracking & Traceability
  • Procurement/Replenishment Optimization
  • Purchasing
  • Product Catalog
  • Price Lists
  • Competitor Price Tracking
  • Vendor/Supplier Management
  • Order/Delivery Management
  • Warehouse Management
Wave Features
  • Manufacturing Resource Planning (MRP)
  • Material Requirement Planning (MRP)
  • Production Planning/Management
  • Product Lifecycle Management (PLM)
  • Assembly Management
  • Shop Floor Control
  • Item Tracking & Traceability
  • Procurement/Replenishment Optimization
  • Purchasing
  • Product Catalog
  • Price Lists
  • Competitor Price Tracking
  • Vendor/Supplier Management
  • Order/Delivery Management
  • Warehouse Management

Pros & Cons

IFS Pros & Cons
Pros
  • The low-code customization options enable powerful adaptations, ensuring that the system aligns seamlessly with unique business requirements.
Cons
  • Subpar support experience
  • Issues escalated to the support team often face extended resolution times, sometimes spanning weeks
  • .
Wave Pros & Cons
Pros
  • None.
Cons
  • Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed
  • This can be frustrating when I am working with clients or partners in those areas.

Reviews

IFS Reviews
Top Favorable Review
B
Bertha
Reviewed on Jul 2, 2021

The system's ability to accommodate custom fields, events, and logical units empowers users with potent low-code customization options. This flexibility ensures that the platform can be tailored to meet diverse and specific needs.

The low-code customization options enable powerful adaptations, ensuring that the system aligns seamlessly with unique business requirements.

Subpar support experience. Issues escalated to the support team often face extended resolution times, sometimes spanning weeks.

Top Critical Review
B
Bertha
Reviewed on Jul 2, 2021

The system's ability to accommodate custom fields, events, and logical units empowers users with potent low-code customization options. This flexibility ensures that the platform can be tailored to meet diverse and specific needs.

The low-code customization options enable powerful adaptations, ensuring that the system aligns seamlessly with unique business requirements.

Subpar support experience. Issues escalated to the support team often face extended resolution times, sometimes spanning weeks.

Wave Reviews
Top Favorable Review
L
Leon
Reviewed on Jul 2, 2021

Routines for Wave's bank transactions are utterly failing. Wave lost the settings for connecting to bank accounts in February 2020, and automatic transaction imports ceased. As of January 2021, Wave is unable to resolve this problem and is forcing its clients to perform painful manual transaction uploads.

None

Transaction import function does not works

Top Critical Review
P
Paul
Reviewed on Jul 2, 2021

Wave is solving a major problem for me by making accounting and invoicing much easier and more streamlined. With this tool, I am able to prepare estimates and invoices quickly and accurately, which saves me a lot of time and effort.

I really appreciate how easy it is to do accounting and invoicing with Wave. With just a few accounting entries, I can prepare my accounts quickly and efficiently.

Unfortunately, I have found that Wave has restricted usage in some countries where it is really needed. This can be frustrating when I am working with clients or partners in those areas.

Alternatives

IFS Alternatives
Wave Alternatives
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IFS vs. Wave: Detailed Comparison

IFS vs. Wave Top Ratings & Reviews: IFS

In our rating and review comparison of IFS vs. Wave, IFS has 9 user reviews and Wave has 11. The average star rating for IFS is 3.88 while Wave has an average rating of 3.81. IFS has more positive reviews than Wave. Comparing IFS vs. Wave reviews, IFS has stronger overall reviews.

IFS vs. Wave Best Features & Functionality: IFS

IFS vs. Wave both offer a strong set of features and functionality including Manufacturing/Production Management, Inventory Management, Cash Flow Management, Governance, Risk, & Compliance (GRC), Employee Management, Accounting Features, Project Management Features, Customer Management, Payroll Management, Lead Management, Asset Management, Workforce Optimization, Campaign Management, Shipping & Logistics Management, Reporting & Analytics, Workflow Automation, Expense Management, File Management, Collaboration Tools, Portal Types, Appointments/Scheduling, Reminders/Alerts, Drag-and-Drop Builders/Designers, Report Management, Data Management, Data Migration, Systems/Administrative, Sync/Refresh, Customizable Items, Third-Party Integrations, Identity and Access Management (IAM), Cybersecurity Features, Disaster Recovery, After-Sales Service. In our feature comparison of IFS vs. Wave, IFS offers more of the most popular features and tools than Wave.

IFS vs. Wave Best Pricing: Wave

In our pricing comparison of IFS vs. Wave, Wave's pricing starts at Free/month and is more affordable compared to Wave's starting cost of Free/month.

IFS vs. Wave Best Usability: IFS

Our comparison of IFS vs. Wave shows that IFS scores higher in usability for meets requirements, ease of admin. Wave scores higher in ease of use, learning curve, setup & support, quality of support, but IFS has the best scores overall for system usability.

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