TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Financial Edge (legacy)

    Score6.8 out of 10
    N/AA legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A
    Pricing
    Financial Edge (legacy)
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    Financial Edge (legacy)
    Free Trial
    No
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    No
    Entry-level Setup FeeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    Financial Edge (legacy)
    Considered Both Products
    Discontinued Products
    Chose Financial Edge (legacy)
    It doesn't even compare. Sage is far better than Financial Edge. No contest.
    Incentivized
    Chose Financial Edge (legacy)
    Financial Edge and Altru work well together when it comes to integration.
    Incentivized
    Chose Financial Edge (legacy)
    I like Financial Edge for non-profit accounting the best as it provides a great foundation for fund accounting. It integrates the best with a donor database and the reporting options are truly amazing.
    Incentivized
    Chose Financial Edge (legacy)
    Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
    Incentivized
    Chose Financial Edge (legacy)
    More customizable and able to utilize more features
    Incentivized
    Chose Financial Edge (legacy)
    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 …
    Incentivized
    Chose Financial Edge (legacy)
    I have used EMPS system, which also works the same as Financial Edge. Financial is easier for A/P entry and A/R entry. However, it isn't very user-friendly when trying to look up batches or check-runs previously made. EMPS system works better when looking for check-runs.
    Incentivized
    Chose Financial Edge (legacy)
    There is no comparison. Fundware was such a dated application and I couldn't believe we were using it as long as we were. Financial Edge allows us to post entries to multiple dates in a single entry and edit the post date as we go. When we used Fundware, we had to edit the …
    Incentivized
    Chose Financial Edge (legacy)
    We've used Financial Edge for a very long time.
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    Features
    Financial Edge (legacy)
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    Pay calculation1.03 Ratings
    Benefit plan administration1.02 Ratings
    Direct deposit files1.02 Ratings
    Salary revision and increment management1.03 Ratings
    Reimbursement management1.04 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    API for custom integration1.05 Ratings
    Plug-ins1.07 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    Single sign-on capability1.06 Ratings
    Role-based user permissions1.09 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    Dashboards1.09 Ratings
    Standard reports1.09 Ratings
    Custom reports1.09 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    Accounts payable1.09 Ratings
    Accounts receivable1.07 Ratings
    Cash management1.09 Ratings
    Bank reconciliation1.010 Ratings
    Expense management1.08 Ratings
    Time tracking1.04 Ratings
    Fixed asset management1.08 Ratings
    Multi-currency support1.05 Ratings
    Multi-division support1.06 Ratings
    Regulations compliance1.07 Ratings
    Electronic tax filing1.04 Ratings
    Self-service portal1.07 Ratings
    Global Financial Support1.06 Ratings
    Primary and Secondary Ledgers1.08 Ratings
    Intercompany Accounting1.08 Ratings
    Localizations1.05 Ratings
    Journals and Reconciliations1.08 Ratings
    Enterprise Accounting1.06 Ratings
    Configurable Accounting1.07 Ratings
    Centralized Rules Framework1.06 Ratings
    Standardized Processes1.07 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    Inventory tracking1.02 Ratings
    Automatic reordering1.02 Ratings
    Location management1.03 Ratings
    Manufacturing module1.02 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy)
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    Pricing1.02 Ratings
    Order entry1.02 Ratings
    Credit card processing1.02 Ratings
    Cost of goods sold1.02 Ratings
    Order Orchestration1.02 Ratings
    End-to-end order visibility1.02 Ratings
    Order exception Resolution1.02 Ratings
    Best Alternatives
    Financial Edge (legacy)
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.3 out of 10
    All AlternativesView all alternatives
    User Ratings
    Financial Edge (legacy)
    Likelihood to Recommend
    1.0
    (10 ratings)
    Usability
    2.0
    (1 ratings)
    Support Rating
    1.0
    (1 ratings)
    User Testimonials
    Financial Edge (legacy)
    Likelihood to Recommend
    Discontinued Products
    • 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).
    Incentivized
    Read full review
    Pros
    Discontinued Products
    • 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.
    Incentivized
    Read full review
    Cons
    Discontinued Products
    • 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.
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Support Rating
    Discontinued Products
    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
    Read full review
    Alternatives Considered
    Discontinued Products
    Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
    Incentivized
    Read full review
    Return on Investment
    Discontinued Products
    • 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.
    Incentivized
    Read full review
    ScreenShots