What users are saying about
31 Ratings
30 Ratings
31 Ratings
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Score 8.5 out of 100
30 Ratings
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Score 7.3 out of 100

Likelihood to Recommend

Acumatica

We work with clients from various fields and have not yet encountered cases where Acumatica is not suitable. It can be customized for any business. Some business-process a harder for customization but basically, everything is solvable.
Anonymous | 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

Acumatica
9.9
Financial Edge
8.1
Pay calculation
Acumatica
9.9
Financial Edge
8.9
Benefit plan administration
Acumatica
9.9
Financial Edge
7.0
Direct deposit files
Acumatica
9.9
Financial Edge
8.0
Salary revision and increment management
Acumatica
9.9
Financial Edge
7.6
Reimbursement management
Acumatica
9.9
Financial Edge
9.0

Customization

Acumatica
9.8
Financial Edge
8.1
API for custom integration
Acumatica
9.8
Financial Edge
7.7
Plug-ins
Acumatica
9.8
Financial Edge
8.4

Security

Acumatica
9.7
Financial Edge
9.5
Single sign-on capability
Acumatica
9.8
Financial Edge
9.1
Role-based user permissions
Acumatica
9.5
Financial Edge
10.0

Reporting & Analytics

Acumatica
9.0
Financial Edge
8.0
Dashboards
Acumatica
9.1
Financial Edge
5.2
Standard reports
Acumatica
8.6
Financial Edge
9.4
Custom reports
Acumatica
9.3
Financial Edge
9.4

General Ledger and Configurable Accounting

Acumatica
9.3
Financial Edge
8.1
Accounts payable
Acumatica
9.1
Financial Edge
8.9
Accounts receivable
Acumatica
9.0
Financial Edge
7.9
Global Financial Support
Acumatica
9.9
Financial Edge
6.4
Primary and Secondary Ledgers
Acumatica
9.2
Financial Edge
8.8
Intercompany Accounting
Acumatica
9.8
Financial Edge
8.9
Localizations
Acumatica
9.8
Financial Edge
7.3
Journals and Reconciliations
Acumatica
9.2
Financial Edge
8.9
Enterprise Accounting
Acumatica
9.0
Financial Edge
7.7
Configurable Accounting
Acumatica
9.1
Financial Edge
8.9
Centralized Rules Framework
Acumatica
9.3
Financial Edge
8.3
Standardized Processes
Acumatica
9.4
Financial Edge
8.9
Cash management
Acumatica
Financial Edge
8.9
Bank reconciliation
Acumatica
Financial Edge
8.3
Expense management
Acumatica
Financial Edge
8.9
Time tracking
Acumatica
Financial Edge
7.9
Fixed asset management
Acumatica
Financial Edge
8.9
Multi-currency support
Acumatica
Financial Edge
7.3
Multi-division support
Acumatica
Financial Edge
7.7
Regulations compliance
Acumatica
Financial Edge
7.9
Electronic tax filing
Acumatica
Financial Edge
6.4
Self-service portal
Acumatica
Financial Edge
7.0

Inventory Management

Acumatica
9.7
Financial Edge
7.5
Inventory tracking
Acumatica
9.8
Financial Edge
8.2
Automatic reordering
Acumatica
9.5
Financial Edge
6.4
Location management
Acumatica
9.7
Financial Edge
8.2
Manufacturing module
Acumatica
9.8
Financial Edge
7.3

Order Management

Acumatica
9.5
Financial Edge
8.0
Pricing
Acumatica
9.3
Financial Edge
8.0
Order entry
Acumatica
9.0
Financial Edge
8.0
Credit card processing
Acumatica
9.2
Financial Edge
8.0
Cost of goods sold
Acumatica
9.2
Financial Edge
8.0
Order Orchestration
Acumatica
9.9
Financial Edge
8.0
End-to-end order visibility
Acumatica
9.9
Financial Edge
8.0
Order exception Resolution
Acumatica
9.9
Financial Edge
8.0

Subledger and Financial Process

Acumatica
9.4
Financial Edge
Automated Invoice Processing
Acumatica
9.4
Financial Edge
Shared Services Payments
Acumatica
9.2
Financial Edge
Billings Management
Acumatica
9.6
Financial Edge
Customer Receipt Applications
Acumatica
9.5
Financial Edge
Customer Collections
Acumatica
9.2
Financial Edge
Revenue Recognition
Acumatica
9.7
Financial Edge
Cash Management
Acumatica
9.5
Financial Edge
Asset Management
Acumatica
9.2
Financial Edge
Travel & Expense Management
Acumatica
9.1
Financial Edge
Budgetary Control & Encumbrance Accounting
Acumatica
9.5
Financial Edge
Period Close
Acumatica
9.4
Financial Edge
Transactions Tax
Acumatica
9.7
Financial Edge
Subledger Reconciliations
Acumatica
9.4
Financial Edge
3rd Party Accounting Systems
Acumatica
9.9
Financial Edge

Project Financial Management

Acumatica
9.9
Financial Edge
Budgeting and Forecasting
Acumatica
9.3
Financial Edge
Project Costing
Acumatica
9.9
Financial Edge
Cost Capture
Acumatica
9.9
Financial Edge
Capital Project Management
Acumatica
9.9
Financial Edge
Customer Invoicing
Acumatica
9.9
Financial Edge
Customer Contract Compliance
Acumatica
9.9
Financial Edge
Project Revenue Recognition
Acumatica
9.9
Financial Edge
Project Financial Performance Analysis
Acumatica
9.9
Financial Edge
Project Financials Dashboard
Acumatica
10.0
Financial Edge
Real-time Financial Reporting
Acumatica
10.0
Financial Edge
Embedded Business Intelligence
Acumatica
9.9
Financial Edge
Project Planning Collaboration
Acumatica
9.9
Financial Edge

Project Execution Management

Acumatica
8.0
Financial Edge
Project Planning and Scheduling
Acumatica
8.0
Financial Edge
Project Manager Dashboard
Acumatica
8.0
Financial Edge
Resource Manager Dashboard
Acumatica
8.0
Financial Edge
Task Insight for Project Managers
Acumatica
8.0
Financial Edge
Team Member Task Collaboration
Acumatica
7.0
Financial Edge
Talent Profiles
Acumatica
9.0
Financial Edge
Real-Time Project Reporting
Acumatica
8.0
Financial Edge

Grants Management

Acumatica
7.8
Financial Edge
Award Lifecycle Management
Acumatica
7.0
Financial Edge
Spending Control
Acumatica
8.0
Financial Edge
Indirect Cost Management
Acumatica
8.0
Financial Edge
Billing
Acumatica
8.0
Financial Edge

Procurement

Acumatica
7.7
Financial Edge
Sourcing Team Collaboration
Acumatica
6.3
Financial Edge
Sourcing Analysis
Acumatica
8.0
Financial Edge
Bids Analyzed and Compared
Acumatica
8.0
Financial Edge
Catalog Shopping E-Commerce for Employees
Acumatica
7.0
Financial Edge
Invoice Automated Matching
Acumatica
7.0
Financial Edge
Requisitions-to-Purchase Orders Integrated
Acumatica
9.0
Financial Edge
Supplier Assessment
Acumatica
8.0
Financial Edge
Supplier Management
Acumatica
9.0
Financial Edge
Supplier Portal
Acumatica
7.0
Financial Edge

Logistics

Acumatica
9.4
Financial Edge
Transportation Planning and Optimization
Acumatica
9.9
Financial Edge
Transportation Sourcing Management
Acumatica
9.9
Financial Edge
Transportation Process Integration
Acumatica
10.0
Financial Edge
Transportation Execution Management
Acumatica
10.0
Financial Edge
Trade Management
Acumatica
8.0
Financial Edge
Customs Entry Management
Acumatica
10.0
Financial Edge
Customs Document Management
Acumatica
10.0
Financial Edge
Customs Document Collaboration
Acumatica
10.0
Financial Edge
Fulfillment Management
Acumatica
8.0
Financial Edge
Inventory Visibility
Acumatica
8.0
Financial Edge
Warehouse Workforce Management
Acumatica
10.0
Financial Edge

Manufacturing

Acumatica
9.7
Financial Edge
Production Process Design
Acumatica
9.9
Financial Edge
Supply Chain Business Flows
Acumatica
9.9
Financial Edge
Production Management
Acumatica
9.7
Financial Edge
Contracted Manufacturing Management
Acumatica
9.9
Financial Edge
Configuration Management
Acumatica
9.9
Financial Edge
Work Definition
Acumatica
9.6
Financial Edge
Work Execution
Acumatica
9.6
Financial Edge
Advanced Fulfillment
Acumatica
9.5
Financial Edge
Manufacturing Costs
Acumatica
9.4
Financial Edge

Supply Chain

Acumatica
9.8
Financial Edge
Forecasting
Acumatica
9.6
Financial Edge
Inventory Planning
Acumatica
9.6
Financial Edge
Multi-tier Supply Chain Planning
Acumatica
9.9
Financial Edge
Performance Monitoring
Acumatica
10.0
Financial Edge

Product Lifecycle Management

Acumatica
9.0
Financial Edge
Ideation Management
Acumatica
10.0
Financial Edge
Requirements Management
Acumatica
10.0
Financial Edge
Proposal Management
Acumatica
9.9
Financial Edge
Product Master Data Management
Acumatica
9.0
Financial Edge
Vendor Portal
Acumatica
7.0
Financial Edge
Project Portfolio Management
Acumatica
8.0
Financial Edge

Pros

Acumatica

  • Expense reporting - enabled by a smartphone, you can image receipts and create claims quickly
  • Chart of accounts - being able to drill down in an expense category to see the individual claims that make up the total is helpful
  • Reporting - I appreciate the ability to pull a standard report and export to Excel quickly and easily
Anonymous | 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

Acumatica

  • Email integration: Horribly clunky, requires users to share email password with Acumatica to allow use of outbound emails. Should be using a more secure method like access tokens.
  • Expense approval process: Once expense claims are approved, approvers (depending on role) can no longer see the approved/denied claims. Denial of claims requires a manual email/call to submitter instructing them to correct and resubmit the claim.
  • CRM: Allow for tracking of cases by the opportunity in addition to business accounts. This would allow for more accurate tracking of issues related to specific opportunities.
Anonymous | 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

Likelihood to Renew

Acumatica

Acumatica 9.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive | TrustRadius Reviewer

Financial Edge

No score
No answers yet
No answers on this topic

Alternatives Considered

Acumatica

Acumatica trumps over QuickBooks Enterprise Solutions in many ways. First, Acumatica being in the cloud has given us agility in accessing the platform anywhere and anytime. Second, the dashboard creation feature of Acumatica has given us the ability to customize each dashboard of each of our employees. Lastly, the CRM solution of Acumatica enables us to track, manage, and monitor our sales team.
Parker Ong | 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

Acumatica

  • Acumatica has saved us so much time, previously having multiple disparate systems for handling our many processes. Now we have one fully integrated system saving us time and money.
Nicole Ronchetti | 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

Acumatica

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

Acumatica
9.1
Financial Edge
7.5

Likelihood to Renew

Acumatica
9.0
Financial Edge

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