What users are saying about
7 Ratings
30 Ratings
7 Ratings
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Score 8.3 out of 100
30 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 7.3 out of 100

Likelihood to Recommend

AccountMate

AccountMate is a great product for wholesale and distributors. It manages the inventory cycles comprehensively, from purchasing to stocking, to sales and delivery. There are a great many tools available to manage inventory, properties, and financials. The availability to have third-party add-ons offers even greater opportunities to meet the needs of the end-user.The system is not really suited for certain types of service industries: legal, medical, and those businesses that invoice on time.
Les Kule | 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

Payroll Management

AccountMate
8.8
Financial Edge
8.1
Pay calculation
AccountMate
10.0
Financial Edge
8.9
Direct deposit files
AccountMate
9.0
Financial Edge
8.0
Salary revision and increment management
AccountMate
8.0
Financial Edge
7.6
Reimbursement management
AccountMate
8.0
Financial Edge
9.0
Benefit plan administration
AccountMate
Financial Edge
7.0

Security

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

Reporting & Analytics

AccountMate
7.0
Financial Edge
8.0
Dashboards
AccountMate
6.0
Financial Edge
5.2
Standard reports
AccountMate
9.0
Financial Edge
9.4
Custom reports
AccountMate
6.0
Financial Edge
9.4

General Ledger and Configurable Accounting

AccountMate
7.6
Financial Edge
8.1
Accounts payable
AccountMate
8.0
Financial Edge
8.9
Accounts receivable
AccountMate
9.0
Financial Edge
7.9
Cash management
AccountMate
7.0
Financial Edge
8.9
Bank reconciliation
AccountMate
8.0
Financial Edge
8.3
Expense management
AccountMate
9.0
Financial Edge
8.9
Time tracking
AccountMate
7.0
Financial Edge
7.9
Multi-currency support
AccountMate
7.0
Financial Edge
7.3
Multi-division support
AccountMate
9.0
Financial Edge
7.7
Regulations compliance
AccountMate
7.0
Financial Edge
7.9
Electronic tax filing
AccountMate
8.0
Financial Edge
6.4
Global Financial Support
AccountMate
8.0
Financial Edge
6.4
Intercompany Accounting
AccountMate
5.0
Financial Edge
8.9
Journals and Reconciliations
AccountMate
8.0
Financial Edge
8.9
Enterprise Accounting
AccountMate
7.0
Financial Edge
7.7
Configurable Accounting
AccountMate
7.0
Financial Edge
8.9
Standardized Processes
AccountMate
7.0
Financial Edge
8.9
Fixed asset management
AccountMate
Financial Edge
8.9
Self-service portal
AccountMate
Financial Edge
7.0
Primary and Secondary Ledgers
AccountMate
Financial Edge
8.8
Localizations
AccountMate
Financial Edge
7.3
Centralized Rules Framework
AccountMate
Financial Edge
8.3

Inventory Management

AccountMate
8.0
Financial Edge
7.5
Inventory tracking
AccountMate
9.0
Financial Edge
8.2
Automatic reordering
AccountMate
8.0
Financial Edge
6.4
Manufacturing module
AccountMate
7.0
Financial Edge
7.3
Location management
AccountMate
Financial Edge
8.2

Order Management

AccountMate
8.6
Financial Edge
8.0
Pricing
AccountMate
8.0
Financial Edge
8.0
Order entry
AccountMate
9.0
Financial Edge
8.0
Credit card processing
AccountMate
9.0
Financial Edge
8.0
Cost of goods sold
AccountMate
9.0
Financial Edge
8.0
End-to-end order visibility
AccountMate
8.0
Financial Edge
8.0
Order Orchestration
AccountMate
Financial Edge
8.0
Order exception Resolution
AccountMate
Financial Edge
8.0

Customization

AccountMate
9.0
Financial Edge
8.1
Plug-ins
AccountMate
9.0
Financial Edge
8.4
API for custom integration
AccountMate
Financial Edge
7.7

Pros

AccountMate

  • Ease of use
  • Ability to easily adapt the solution to fit the needs of the end user
  • Integration of data across different platforms
Les Kule | 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

AccountMate

  • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
  • True cloud-based solution is missing
Les Kule | 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

Alternatives Considered

AccountMate

We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).
Les Kule | 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

AccountMate

  • Allows us to quickly gain insight into the current and past performance of the company
Les Kule | 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

Pricing Details

AccountMate

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

AccountMate
10.0
Financial Edge
7.5

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