What users are saying about
8 Ratings
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Score 8.8 out of 100
30 Ratings
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Score 7.3 out of 100

Likelihood to Recommend

Accounting Power

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Steven Brewer | TrustRadius Reviewer

Financial Edge

  • Financial Edge is well suited for traditional day to day accounting, accounts payable, and related needs.
  • Financial Edge dashboard does not provide a snapshot view of data that I have found are available through other platforms (like QBO).
William (Bill) Sanders, CPA | TrustRadius Reviewer

Feature Rating Comparison

Security

Accounting Power
9.5
Financial Edge
9.5
Single sign-on capability
Accounting Power
10.0
Financial Edge
9.1
Role-based user permissions
Accounting Power
9.0
Financial Edge
10.0

Reporting & Analytics

Accounting Power
8.0
Financial Edge
8.0
Dashboards
Accounting Power
7.0
Financial Edge
5.2
Custom reports
Accounting Power
9.0
Financial Edge
9.4
Standard reports
Accounting Power
Financial Edge
9.4

General Ledger and Configurable Accounting

Accounting Power
8.5
Financial Edge
8.1
Accounts payable
Accounting Power
9.0
Financial Edge
8.9
Accounts receivable
Accounting Power
9.0
Financial Edge
7.9
Cash management
Accounting Power
8.0
Financial Edge
8.9
Bank reconciliation
Accounting Power
10.0
Financial Edge
8.3
Expense management
Accounting Power
9.0
Financial Edge
8.9
Multi-division support
Accounting Power
6.0
Financial Edge
7.7
Journals and Reconciliations
Accounting Power
8.0
Financial Edge
8.9
Standardized Processes
Accounting Power
9.0
Financial Edge
8.9
Time tracking
Accounting Power
Financial Edge
7.9
Fixed asset management
Accounting Power
Financial Edge
8.9
Multi-currency support
Accounting Power
Financial Edge
7.2
Regulations compliance
Accounting Power
Financial Edge
7.9
Electronic tax filing
Accounting Power
Financial Edge
6.4
Self-service portal
Accounting Power
Financial Edge
7.0
Global Financial Support
Accounting Power
Financial Edge
6.4
Primary and Secondary Ledgers
Accounting Power
Financial Edge
8.8
Intercompany Accounting
Accounting Power
Financial Edge
8.9
Localizations
Accounting Power
Financial Edge
7.3
Enterprise Accounting
Accounting Power
Financial Edge
7.7
Configurable Accounting
Accounting Power
Financial Edge
8.9
Centralized Rules Framework
Accounting Power
Financial Edge
8.3

Payroll Management

Accounting Power
Financial Edge
8.1
Pay calculation
Accounting Power
Financial Edge
8.9
Benefit plan administration
Accounting Power
Financial Edge
7.0
Direct deposit files
Accounting Power
Financial Edge
8.0
Salary revision and increment management
Accounting Power
Financial Edge
7.6
Reimbursement management
Accounting Power
Financial Edge
9.0

Customization

Accounting Power
Financial Edge
8.1
API for custom integration
Accounting Power
Financial Edge
7.7
Plug-ins
Accounting Power
Financial Edge
8.4

Inventory Management

Accounting Power
Financial Edge
7.5
Inventory tracking
Accounting Power
Financial Edge
8.2
Automatic reordering
Accounting Power
Financial Edge
6.4
Location management
Accounting Power
Financial Edge
8.2
Manufacturing module
Accounting Power
Financial Edge
7.3

Order Management

Accounting Power
Financial Edge
8.0
Pricing
Accounting Power
Financial Edge
8.0
Order entry
Accounting Power
Financial Edge
8.0
Credit card processing
Accounting Power
Financial Edge
8.0
Cost of goods sold
Accounting Power
Financial Edge
8.0
Order Orchestration
Accounting Power
Financial Edge
8.0
End-to-end order visibility
Accounting Power
Financial Edge
8.0
Order exception Resolution
Accounting Power
Financial Edge
8.0

Pros

Accounting Power

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Steven Brewer | TrustRadius Reviewer

Financial Edge

  • Financial edge is able to be customized in a way that fits our organization.
  • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
  • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
Stephanie Ulmer | TrustRadius Reviewer

Cons

Accounting Power

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
Steven Brewer | TrustRadius Reviewer

Financial Edge

  • Metrics in the reporting features could be enhanced to allow for cross-year/event comparisons.
  • It does not allow for single-sign-on from other platforms, requiring additional keystrokes for access/exit.
Anonymous | TrustRadius Reviewer

Usability

Accounting Power

Accounting Power 10.0
Based on 1 answer
It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
Steven Brewer | TrustRadius Reviewer

Financial Edge

No score
No answers yet
No answers on this topic

Support Rating

Accounting Power

Accounting Power 7.0
Based on 1 answer
Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
Steven Brewer | TrustRadius Reviewer

Financial Edge

No score
No answers yet
No answers on this topic

Alternatives Considered

Accounting Power

I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
Steven Brewer | TrustRadius Reviewer

Financial Edge

Most FE installations I have participated in were from QuickBooks Pro. QuickBooks, if set up well, is a great alternative for the smaller association or nonprofit, but it has challenges handling some of the unique aspects of nonprofit accounting. Recent editions of QuickBooks Pro have included a new nonprofit component, but it can be difficult to use.
Wendy Johnson | TrustRadius Reviewer

Return on Investment

Accounting Power

  • Allowed for standardized processes
  • Improved efficiency in disbursement processing
  • Bank feed is easily broken
  • ACH payment options are not well established
Steven Brewer | TrustRadius Reviewer

Financial Edge

  • Financial Edge has enabled us to save time with respect to monthly reporting.
  • Financial Edge has helped us streamline some larger entries that were once a pain to enter in Fundware.
  • The F-9 plug allows us to report information in our desired format as opposed to using the reports within the FE application.
  • Overall, I would say that Financial Edge definitely saves us time on closing each month which frees us up for other projects within our department.
Sunny Reed | TrustRadius Reviewer

Screenshots

Pricing Details

Accounting Power

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Financial Edge

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Accounting Power
9.0
Financial Edge
7.5

Usability

Accounting Power
10.0
Financial Edge

Support Rating

Accounting Power
7.0
Financial Edge

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