What users are saying about
3 Ratings
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Score 10 out of 100
95 Ratings
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Score 8.7 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 NXT

I think FENXT is well suited for medium to large sized organizations who are willing to make an investment in their systems. I do not feel this would be worthwhile for small organizations or ones who do not prioritize their database systems.
Brandon Mand | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

AccountMate
8.8
Financial Edge NXT
7.3
Pay calculation
AccountMate
10.0
Financial Edge NXT
4.9
Direct deposit files
AccountMate
9.0
Financial Edge NXT
5.2
Salary revision and increment management
AccountMate
8.0
Financial Edge NXT
10.0
Reimbursement management
AccountMate
8.0
Financial Edge NXT
9.0

Security

AccountMate
9.0
Financial Edge NXT
9.0
Single sign-on capability
AccountMate
9.0
Financial Edge NXT
8.9
Role-based user permissions
AccountMate
Financial Edge NXT
9.0

Reporting & Analytics

AccountMate
7.0
Financial Edge NXT
8.3
Dashboards
AccountMate
6.0
Financial Edge NXT
7.4
Standard reports
AccountMate
9.0
Financial Edge NXT
8.8
Custom reports
AccountMate
6.0
Financial Edge NXT
8.8

General Ledger and Configurable Accounting

AccountMate
7.6
Financial Edge NXT
8.3
Accounts payable
AccountMate
8.0
Financial Edge NXT
9.0
Accounts receivable
AccountMate
9.0
Financial Edge NXT
7.0
Cash management
AccountMate
7.0
Financial Edge NXT
9.0
Bank reconciliation
AccountMate
8.0
Financial Edge NXT
8.8
Expense management
AccountMate
9.0
Financial Edge NXT
9.2
Time tracking
AccountMate
7.0
Financial Edge NXT
6.4
Multi-currency support
AccountMate
7.0
Financial Edge NXT
7.9
Multi-division support
AccountMate
9.0
Financial Edge NXT
9.0
Regulations compliance
AccountMate
7.0
Financial Edge NXT
9.9
Electronic tax filing
AccountMate
8.0
Financial Edge NXT
5.2
Global Financial Support
AccountMate
8.0
Financial Edge NXT
Intercompany Accounting
AccountMate
5.0
Financial Edge NXT
Journals and Reconciliations
AccountMate
8.0
Financial Edge NXT
Enterprise Accounting
AccountMate
7.0
Financial Edge NXT
Configurable Accounting
AccountMate
7.0
Financial Edge NXT
Standardized Processes
AccountMate
7.0
Financial Edge NXT
Fixed asset management
AccountMate
Financial Edge NXT
9.0
Self-service portal
AccountMate
Financial Edge NXT
9.0

Inventory Management

AccountMate
8.0
Financial Edge NXT
Inventory tracking
AccountMate
9.0
Financial Edge NXT
Automatic reordering
AccountMate
8.0
Financial Edge NXT
Manufacturing module
AccountMate
7.0
Financial Edge NXT

Order Management

AccountMate
8.6
Financial Edge NXT
5.9
Pricing
AccountMate
8.0
Financial Edge NXT
6.5
Order entry
AccountMate
9.0
Financial Edge NXT
Credit card processing
AccountMate
9.0
Financial Edge NXT
9.7
Cost of goods sold
AccountMate
9.0
Financial Edge NXT
1.4
End-to-end order visibility
AccountMate
8.0
Financial Edge NXT

Customization

AccountMate
9.0
Financial Edge NXT
7.8
Plug-ins
AccountMate
9.0
Financial Edge NXT
7.0
API for custom integration
AccountMate
Financial Edge NXT
8.5

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 NXT

  • Data entry is much easier with NXT especially for accounts payable
  • Reporting is fantastic with the ability to drill down in the reports to the detail and to export reports in more consistent formats (PDF, Excel)
  • Bank reconciliation is a breeze with the cash management capabilities
Pamela Wittmayer | 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 NXT

  • The dashboards need to be imported onto company website for board review
  • The financial reports generated within the program should be as appealing (not so canned) to the ones we have to format in excel
  • Implementation costs could be a lot less
Anonymous | TrustRadius Reviewer

Likelihood to Renew

AccountMate

No score
No answers yet
No answers on this topic

Financial Edge NXT

Financial Edge NXT 7.8
Based on 3 answers
There aren't too many non-profit specific financial/accounting software solutions available. Even so, Financial Edge NXT meets the needs of our staff and allows us to operate efficiently.
Gregory Seay, CMA, CPA | TrustRadius Reviewer

Usability

AccountMate

No score
No answers yet
No answers on this topic

Financial Edge NXT

Financial Edge NXT 5.5
Based on 1 answer
Still needs development to match the old client server version
Michael Downs | TrustRadius Reviewer

Support Rating

AccountMate

No score
No answers yet
No answers on this topic

Financial Edge NXT

Financial Edge NXT 10.0
Based on 3 answers
Excellent support given by people who fully understand the system and your question. Multiple channels to access support, and an easy-to-use tracking system for support requests. No language barriers, and people unafraid to admit they don't know the answer. If followup is needed, they get back to me when they say they will, and they keep after a problem until it's resolved. I LOVE BLACKBAUD's SUPPORT!
Susan Cornforth | TrustRadius Reviewer

Implementation Rating

AccountMate

No score
No answers yet
No answers on this topic

Financial Edge NXT

Financial Edge NXT 6.4
Based on 1 answer
From an IT perspective, read up on the user setup integrated with the DB View
Michael Downs | 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 NXT

I have used other products such as Banner at previous jobs. When I came to my current job, they already had Financial Edge in place. It was easy to learn and more user-friendly than Banner and other programs I had previously used. We converted to Financial Edge NXT shortly after I started working there. The advantages of Financial Edge NXT are a great benefit.
Tracy Spence | 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 NXT

  • Positive impact on our desire to 'modernize' (i.e. getting a system that looks and feels more contemporary than our previous accounting systems).
  • Generally positive impact in our ability to streamline or simplify some of our accounting processes that took longer in our previous accounting system.
  • Negative cost impact in that we pay much more for NXT than our old system. In retrospect it may not have been worth it to pay for 'NXT', and we might have just gone with the database view, as that is perfectly suitable. But admittedly I am not sure about the pricing difference.
Anonymous | TrustRadius Reviewer

Screenshots

AccountMate

Pricing Details

AccountMate

General

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

Financial Edge NXT

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required

Rating Summary

Likelihood to Recommend

AccountMate
10.0
Financial Edge NXT
8.1

Likelihood to Renew

AccountMate
Financial Edge NXT
7.8

Usability

AccountMate
Financial Edge NXT
5.5

Support Rating

AccountMate
Financial Edge NXT
10.0

Implementation Rating

AccountMate
Financial Edge NXT
6.4

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