Accounting Seed vs. Financial Edge

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
Score 8.3 out of 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
Financial Edge
Score 6.0 out of 10
N/A
N/AN/A
Pricing
Accounting SeedFinancial Edge
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Accounting SeedFinancial Edge
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing starts at $3,960/year.
More Pricing Information
Community Pulse
Accounting SeedFinancial Edge
Considered Both Products
Accounting Seed
Financial Edge

No answer on this topic

Top Pros
Top Cons
Features
Accounting SeedFinancial Edge
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
18% above category average
Financial Edge
1.0
4 Ratings
153% below category average
Pay calculation8.32 Ratings1.03 Ratings
Benefit plan administration8.62 Ratings1.02 Ratings
Direct deposit files9.32 Ratings1.02 Ratings
Salary revision and increment management9.02 Ratings1.03 Ratings
Reimbursement management9.72 Ratings1.04 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
4 Ratings
32% above category average
Financial Edge
1.0
7 Ratings
150% below category average
API for custom integration9.74 Ratings1.05 Ratings
Plug-ins9.73 Ratings1.07 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
4 Ratings
21% above category average
Financial Edge
1.0
9 Ratings
155% below category average
Single sign-on capability9.74 Ratings1.06 Ratings
Role-based user permissions9.74 Ratings1.09 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
6 Ratings
18% above category average
Financial Edge
1.0
9 Ratings
153% below category average
Dashboards9.75 Ratings1.09 Ratings
Standard reports8.76 Ratings1.09 Ratings
Custom reports8.86 Ratings1.09 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
8.9
6 Ratings
18% above category average
Financial Edge
1.0
10 Ratings
152% below category average
Accounts payable9.66 Ratings1.09 Ratings
Accounts receivable9.74 Ratings1.07 Ratings
Cash management9.45 Ratings1.09 Ratings
Bank reconciliation8.66 Ratings1.010 Ratings
Expense management9.75 Ratings1.08 Ratings
Time tracking9.72 Ratings1.04 Ratings
Fixed asset management9.73 Ratings1.08 Ratings
Multi-currency support7.23 Ratings1.05 Ratings
Multi-division support8.54 Ratings1.06 Ratings
Regulations compliance7.63 Ratings1.07 Ratings
Electronic tax filing8.62 Ratings1.04 Ratings
Self-service portal9.73 Ratings1.07 Ratings
Global Financial Support10.03 Ratings1.06 Ratings
Primary and Secondary Ledgers8.74 Ratings1.08 Ratings
Intercompany Accounting9.14 Ratings1.08 Ratings
Localizations10.03 Ratings1.05 Ratings
Journals and Reconciliations9.76 Ratings1.08 Ratings
Enterprise Accounting5.54 Ratings1.06 Ratings
Configurable Accounting8.55 Ratings1.07 Ratings
Centralized Rules Framework9.13 Ratings1.06 Ratings
Standardized Processes9.14 Ratings1.07 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
25% above category average
Financial Edge
1.0
3 Ratings
150% below category average
Inventory tracking9.72 Ratings1.02 Ratings
Automatic reordering9.72 Ratings1.02 Ratings
Location management9.72 Ratings1.03 Ratings
Manufacturing module6.92 Ratings1.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Seed
9.4
2 Ratings
24% above category average
Financial Edge
1.0
2 Ratings
152% below category average
Pricing9.72 Ratings1.02 Ratings
Order entry10.02 Ratings1.02 Ratings
Credit card processing10.02 Ratings1.02 Ratings
Cost of goods sold10.02 Ratings1.02 Ratings
Order Orchestration9.72 Ratings1.02 Ratings
End-to-end order visibility6.92 Ratings1.02 Ratings
Order exception Resolution9.72 Ratings1.02 Ratings
Best Alternatives
Accounting SeedFinancial Edge
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Medium-sized Companies
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Accounting SeedFinancial Edge
Likelihood to Recommend
8.1
(6 ratings)
1.1
(10 ratings)
Usability
8.8
(3 ratings)
2.0
(1 ratings)
Support Rating
7.8
(3 ratings)
1.0
(1 ratings)
User Testimonials
Accounting SeedFinancial Edge
Likelihood to Recommend
Accounting Seed
I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
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Blackbaud
  • 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).
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Pros
Accounting Seed
  • Accounting Seed is an affordable accounting solution
  • It offers many features making it an ideal accounting solution for business
  • The software integrates well with Salesforce
  • The software comes with a friendly User Interface
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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.
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Cons
Accounting Seed
  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
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Blackbaud
  • Customer service blames the customer, and never offers solutions other than "wait it out." I've always been told it's my computer, even though everyone else at my work has the same issues.
  • Website is constantly "under maintenance" and it somehow never gets better.
  • The Database View is outdated and glitchy. Honestly get rid of it.
  • The Crystal Report is the only way to handle monthly recurring statements, and Financial Edge does not offer support for it anymore. Good luck figuring that out on your own.
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Usability
Accounting Seed
It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
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Blackbaud
It's user friendly, when it wants to be.
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Support Rating
Accounting Seed
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
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Blackbaud
I would give this a zero if I could. Here's the deal. Once you request a chat with a representative, they immediately respond. So responsiveness: 10/10. However, they have a tendency to (always) tell you that whatever problem you're experiencing is your problem, not theirs. They offer no solutions and never take responsibility for their website malfunctioning
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Alternatives Considered
Accounting Seed
Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
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Blackbaud
Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
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Return on Investment
Accounting Seed
  • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
  • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
  • Capturing data on reports that are not submitted, approval times, and policy exceptions.
  • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
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Blackbaud
  • Like any enterprise software, there are costs/investments ahead of return. It isn't something you would implement without support.
  • During the significant financial downturn, we were able to use FE to forecast trends and make budget adjustments easily. It transformed communication about forecasting and cuts with assurance.
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ScreenShots

Accounting Seed Screenshots

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