The value of IFS for manufacturers

June 26, 2023 - Research X128

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Nucleus interviewed multiple IFS manufacturing customers and found IFS unified business systems, digitally transformed manufacturing operations, and streamlined financial management for all customers. Specific cited benefits include an over 10 percent improvement in sales professional productivity, an estimated 20 percent improvement in sales forecast accuracy, and an estimated two percent increase in annual revenue due to more accurate and efficient budget setting and tracking, leading to improved decision-making, cost control, and resource allocation. Manufacturers deploying IFS should proactively integrate existing systems with the platform, plan meticulously for migration, leverage its APIs, capitalize on real-time shopfloor visibility, and commit to continuous evaluation and enhancement of the system.

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