IQMS Enterprise IQ vs SAP ERP comparison

IQMS and SAP are both solutions in the ERP category. IQMS is ranked #29, while SAP is ranked #1 with an average rating of 8.2. IQMS holds a 0.5% mindshare in ERP, compared to SAP’s 21.5% mindshare. Additionally, 100% of IQMS users are willing to recommend the solution, compared to 86% of SAP users who would recommend it.

IQMS Enterprise IQ

Read 1 IQMS Enterprise IQ review

549 Views
313 Comparison Views

100% willing to recommend

SAP ERP

Read 104 SAP ERP reviews

17,972 Views
16,227 Comparison Views

86% willing to recommend

IQMS Enterprise IQ

SAP ERP

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between IQMS Enterprise IQ and SAP ERP based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.

To learn more, read our detailed ERP Report (Updated: November 2024).

Buyer's Guide

ERP

November 2024

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Categories and Ranking

IQMS Enterprise IQ

Ranking in ERP

29th

Average Rating

8.0

Number of Reviews

Ranking in other categories

No ranking in other categories

SAP ERP

Ranking in ERP

1st

Average Rating

8.0

Reviews Sentiment

6.8

Number of Reviews

104

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of December 2024, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.5%, up from 0.4% compared to the previous year. The mindshare of SAP ERP is 21.5%, down from 22.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

ERP

Featured Reviews

Vasanth Rajendran

Retired at Retired

Allows customization for production and has good sales, distribution, and quality management features

Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.

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Srinivasan Kuppuswamy

Founder Partner & Chief Consultant at Sagesse Abundance

The amazing, robust framework with unlimited scalability earns its #1 status

The solution is not ready for the current e-commerce environment. Its was built for large enterprises who need to predictably optimize their human, material, and financial resources. ERP has evolved and businesses are changing. There are not many large corporations. Most are small enterprises with the capabilities of large enterprises through networking and platform integration. Some companies promote products but get things done with other enterprises as a network. Companies do not want to create new capacity but want to leverage existing capacity with innovative products. They do not want to spend resources on duplicating capacity or facilities. I do not think any ERP product is ready to support this environment so ERPs as a whole might end up being used for back-office functions only. It is not easy to evolve an ERP product because its intent is to integrate functions and processes within an organization. Whereas, in the new business model, processes are not limited to one's own enterprise but cut across different enterprises. There is no enterprise solution as this point in time for the current e-commerce environment so companies must integrate with many solutions.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

"It provides great visibility into the details of enterprise resource planning."

"ERP can help manage all enterprise resources. It brings them together and provides some analytical data to inform management decisions."

"I like the solution’s features in finance, supply chain, sales, and distribution."

"The initial setup was straightforward."

"SAP ERP provides the perfect database and options for additional production. It's also good for finance analytics, production drill-down, and other types of analysis."

"Well-integrated multilingual technology."

"The stability is SAP ERP is not good only because the version is old. They could work on improving the versions."

"The valuable feature of SAP ERP is that everything is connected and under one roof, creating a unified system."

More SAP ERP pros

Cons

"Setup is very complex."

"It is on the expensive side."

"In previous generations, SAP was stable and the roadmap was very predictable, but currently it's very difficult."

"The product does not update budgeting based on exchange rates which is important for BPM."

"Implementing SAP ERP can be very costly, particularly for smaller organizations with limited resources."

"The power of ABAP Development Tools is the main valuable feature in the SAP ECC system. Every couple of years SAP upgrades ABAP technology significantly, which facilitates developers' work."

"SAP is more expensive than some of its competitors."

"Although you can use SAP as a Warehouse Management System, and you don’t need any other program for that purpose, it is not enough as a Transportation Management System. You need another program which is integrated with SAP."

"There will always be something within our business that it won't fit."

More SAP ERP cons

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."

"SAP is a bit on the costly side, but they also provide support and other things. We are paying for licenses and the use of the cloud."

"The on-premises licensing model comes with annual maintenance whereas the cloud-based licensing model is a yearly subscription. The tool’s pricing is normal and not expensive."

"I rate the product's price a seven on a scale of one to ten, where one is cheap, and ten is expensive. SAP ERP is a costly tool."

"I don't know the price, but I know its licensing is on a yearly basis."

"The solution is expensive and is best-suited for large enterprises."

"I rate the product's price a nine on a scale of one to ten, where one is cheap or affordable, and ten is really expensive. The solution is expensive."

"I am not sure. However, extensions cost approximately $100,000 or$200,000."

"The licensing costs are slightly on the higher side. They need to make it more competitive."

More SAP ERP pricing and cost advice

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Top Industries

By visitors reading reviews

Manufacturing Company

18%

Computer Software Company

12%

Healthcare Company

10%

Energy/Utilities Company

Manufacturing Company

14%

Computer Software Company

12%

Retailer

University

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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Is Anaplan better than SAP ERP?

There are different aspects of both Anaplan and SAP ERP that I like and dislike. Anaplan improves forecast accuracy and drives up the quality of analytics. Rather than spending all of their time co...

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What do you like most about SAP ERP?

The solution has made the most significant impact on our human resources function, specifically in HR operations and HR analytics. One feature of SAP ERP that I found most valuable is its use of co...

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What needs improvement with SAP ERP?

There is a need for improvement in the business analytics aspect in financial reporting and also in sales and marketing analytics.

See all answers

Comparisons

Oracle E-Business Suite vs IQMS Enterprise IQ

Compared 19% of the time

Epicor ERP vs IQMS Enterprise IQ

Compared 16% of the time

NetSuite ERP vs IQMS Enterprise IQ

Compared 15% of the time

JD Edwards EnterpriseOne vs IQMS Enterprise IQ

Compared 14% of the time

More IQMS Enterprise IQ Competitors

SAP S/4HANA vs SAP ERP

Compared 27% of the time

Microsoft Dynamics AX vs SAP ERP

Compared 12% of the time

Anaplan vs SAP ERP

Compared 10% of the time

Infor M3 vs SAP ERP

Compared 10% of the time

Infor LN vs SAP ERP

Compared 7% of the time

More SAP ERP Competitors

Product Reports

Buyer's Guide

ERP

November 2024

Download IQMS Enterprise IQ product report

Buyer's Guide

SAP ERP

November 2024

Download SAP ERP product report

Also Known As

Enterprise IQ

No data available

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IQMS

SAP

Overview

IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.

SAP ERP addresses the core business software requirements of midsize and large organizations in all industries and sectors. SAP ERP includes four individual solutions that support key areas of enterprise resource planning: human capital management, financials, operations, corporate services.

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components

B&G Manufacturing, Unilever, Life is good Inc., Joy Global Inc., City of Cape Town, Bhopal Municipal, Corporation (BMC), adidas Group, Butcher & Packer Supply Company, Franklin Valve L.P., Evoshield, Prime Meats, a Norsan Group company, EMC Corporation, Varian Medical Systems Inc., FC Bayern Mªnchen AG, AkzoNobel Chemicals B.V., T¾V Rheinland, Pacific Drilling S.A., Fire & Rescue New South Wales, University of Amsterdam, Pa_alon S.A.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: November 2024.

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