What users are saying about
29 Ratings
17 Ratings
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Score 8.4 out of 100
29 Ratings
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Score 8.2 out of 100

Feature Set Ratings

  • Accounting Power ranks higher in 1 feature set: Security
  • Financial Edge ranks higher in 2 feature sets: Customization, General Ledger and Configurable Accounting
  • Accounting Power and Financial Edge are tied in 1 feature set: Reporting & Analytics

Customization

4.0

Accounting Power

40%
8.5

Financial Edge

85%
Financial Edge ranks higher in 2/2 features

API for custom integration

4.0
40%
1 Rating
9.0
90%
5 Ratings

Plug-ins

N/A
0 Ratings
8.0
80%
7 Ratings

Security

9.5

Accounting Power

95%
8.5

Financial Edge

85%
Accounting Power ranks higher in 2/2 features

Single sign-on capability

10.0
100%
1 Rating
8.0
80%
6 Ratings

Role-based user permissions

9.0
90%
1 Rating
9.0
90%
9 Ratings

Reporting & Analytics

8.0

Accounting Power

80%
8.0

Financial Edge

80%
Financial Edge ranks higher in 2/3 features

Dashboards

7.0
70%
1 Rating
7.9
79%
9 Ratings

Custom reports

9.0
90%
1 Rating
8.0
80%
9 Ratings

Standard reports

N/A
0 Ratings
8.0
80%
9 Ratings

General Ledger and Configurable Accounting

8.5

Accounting Power

85%
8.9

Financial Edge

89%
Financial Edge ranks higher in 19/21 features

Accounts payable

9.0
90%
1 Rating
8.0
80%
9 Ratings

Accounts receivable

9.0
90%
1 Rating
9.0
90%
7 Ratings

Cash management

8.0
80%
1 Rating
10.0
100%
9 Ratings

Bank reconciliation

10.0
100%
1 Rating
8.0
80%
10 Ratings

Expense management

9.0
90%
1 Rating
9.0
90%
8 Ratings

Multi-division support

6.0
60%
1 Rating
8.0
80%
6 Ratings

Journals and Reconciliations

8.0
80%
1 Rating
10.0
100%
8 Ratings

Standardized Processes

9.0
90%
1 Rating
9.0
90%
7 Ratings

Time tracking

N/A
0 Ratings
9.0
90%
4 Ratings

Fixed asset management

N/A
0 Ratings
9.0
90%
8 Ratings

Multi-currency support

N/A
0 Ratings
9.0
90%
5 Ratings

Regulations compliance

N/A
0 Ratings
9.0
90%
7 Ratings

Electronic tax filing

N/A
0 Ratings
8.0
80%
4 Ratings

Self-service portal

N/A
0 Ratings
9.0
90%
7 Ratings

Global Financial Support

N/A
0 Ratings
8.0
80%
6 Ratings

Primary and Secondary Ledgers

N/A
0 Ratings
9.0
90%
8 Ratings

Intercompany Accounting

N/A
0 Ratings
8.8
88%
7 Ratings

Localizations

N/A
0 Ratings
9.0
90%
5 Ratings

Enterprise Accounting

N/A
0 Ratings
10.0
100%
6 Ratings

Configurable Accounting

N/A
0 Ratings
10.0
100%
7 Ratings

Centralized Rules Framework

N/A
0 Ratings
9.0
90%
6 Ratings

Payroll Management

Accounting Power

Feature Set Not Supported
N/A
8.0

Financial Edge

80%
Financial Edge ranks higher in 5/5 features

Pay calculation

N/A
0 Ratings
9.0
90%
3 Ratings

Benefit plan administration

N/A
0 Ratings
8.0
80%
2 Ratings

Direct deposit files

N/A
0 Ratings
7.0
70%
2 Ratings

Salary revision and increment management

N/A
0 Ratings
8.0
80%
3 Ratings

Reimbursement management

N/A
0 Ratings
8.0
80%
4 Ratings

Inventory Management

Accounting Power

Feature Set Not Supported
N/A
8.5

Financial Edge

85%
Financial Edge ranks higher in 4/4 features

Inventory tracking

N/A
0 Ratings
8.0
80%
2 Ratings

Automatic reordering

N/A
0 Ratings
9.0
90%
2 Ratings

Location management

N/A
0 Ratings
9.0
90%
3 Ratings

Manufacturing module

N/A
0 Ratings
8.0
80%
2 Ratings

Order Management

Accounting Power

Feature Set Not Supported
N/A
8.7

Financial Edge

87%
Financial Edge ranks higher in 7/7 features

Pricing

N/A
0 Ratings
7.0
70%
2 Ratings

Order entry

N/A
0 Ratings
8.0
80%
2 Ratings

Credit card processing

N/A
0 Ratings
9.0
90%
2 Ratings

Cost of goods sold

N/A
0 Ratings
9.0
90%
2 Ratings

Order Orchestration

N/A
0 Ratings
9.0
90%
2 Ratings

End-to-end order visibility

N/A
0 Ratings
9.0
90%
2 Ratings

Order exception Resolution

N/A
0 Ratings
10.0
100%
2 Ratings

Attribute Ratings

  • Accounting Power is rated higher in 2 areas: Likelihood to Recommend, Usability
  • Financial Edge is rated higher in 1 area: Support Rating

Likelihood to Recommend

9.0

Accounting Power

90%
1 Rating
7.9

Financial Edge

79%
10 Ratings

Likelihood to Renew

10.0

Accounting Power

100%
1 Rating

Financial Edge

N/A
0 Ratings

Usability

10.0

Accounting Power

100%
1 Rating
9.0

Financial Edge

90%
1 Rating

Support Rating

7.0

Accounting Power

70%
1 Rating
9.0

Financial Edge

90%
1 Rating

Implementation Rating

8.0

Accounting Power

80%
1 Rating

Financial Edge

N/A
0 Ratings

Likelihood to Recommend

AccountantsWorld

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review

Blackbaud

With our grants team, we wanted to seek a solution for seamless Grant Management + Accounting. Managing expenses can be difficult but the ease of use on the AP side as well as the layered budgets help for our success. Interfacing with our fundraising software also is a scenario that works extremely well.
Read full review

Pros

AccountantsWorld

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review

Blackbaud

  • 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.
Read full review

Cons

AccountantsWorld

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
Read full review

Blackbaud

  • 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.
Read full review

Pricing Details

Accounting Power

Starting Price

Editions & Modules

Accounting Power editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Financial Edge

    Starting Price

    Editions & Modules

    Financial Edge editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      AccountantsWorld

      I do not see a good alternative in the market
      Read full review

      Blackbaud

      No answers on this topic

      Usability

      AccountantsWorld

      It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
      Read full review

      Blackbaud

      After implementation teams started using Financial Edge rather quickly which helped internally a lot. Especially since we use Raiser's Edge for our fundraising programs... Blackbaud has done a great job with Financial Edge as well as NXT (which I've used also and would speak very highly of as well).
      Read full review

      Support Rating

      AccountantsWorld

      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."
      Read full review

      Blackbaud

      We have received great support whether it be around implementation, training, reporting, or customization features. The support team at Blackbaud has done a great job for over ten years for our organization. I would recommend their support team to anyone. I hope to continue to connect with their team in the future on different projects.
      Read full review

      Implementation Rating

      AccountantsWorld

      Seek out others who have done it and learn from them.
      Read full review

      Blackbaud

      No answers on this topic

      Alternatives Considered

      AccountantsWorld

      I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
      Read full review

      Blackbaud

      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.
      Read full review

      Return on Investment

      AccountantsWorld

      • Allowed for standardized processes
      • Improved efficiency in disbursement processing
      • Bank feed is easily broken
      • ACH payment options are not well established
      Read full review

      Blackbaud

      • 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.
      Read full review

      Screenshots

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