What users are saying about
21 Ratings
21 Ratings
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Score 7.8 out of 101

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Likelihood to Recommend

Financial Edge

Financial edge is great for tracking revenue and expenses for specific donor-designated gifts. It is easy to create projects for each designation that allows for tracking and reporting. I would like to see some expansion in reporting based on projects. We currently have built custom reports for reporting to our end-users and donors on project balances.
Stephanie Ulmer profile photo

Feature Rating Comparison

Payroll Management

Financial Edge
8.1
Pay calculation
Financial Edge
9.0
Benefit plan administration
Financial Edge
7.0
Direct deposit files
Financial Edge
8.0
Salary revision and increment management
Financial Edge
7.5
Reimbursement management
Financial Edge
9.0

Customization

Financial Edge
8.0
API for custom integration
Financial Edge
9.0
Plug-ins
Financial Edge
6.9

Security

Financial Edge
8.9
Single sign-on capability
Financial Edge
8.8
Role-based user permissions
Financial Edge
8.9

Reporting & Analytics

Financial Edge
7.7
Dashboards
Financial Edge
7.6
Standard reports
Financial Edge
7.2
Custom reports
Financial Edge
8.2

General Ledger and Configurable Accounting

Financial Edge
7.5
Accounts payable
Financial Edge
8.4
Accounts receivable
Financial Edge
7.7
Cash management
Financial Edge
7.8
Bank reconciliation
Financial Edge
8.1
Expense management
Financial Edge
7.5
Time tracking
Financial Edge
6.0
Fixed asset management
Financial Edge
7.8
Multi-currency support
Financial Edge
7.7
Multi-division support
Financial Edge
8.0
Regulations compliance
Financial Edge
7.6
Electronic tax filing
Financial Edge
7.0
Self-service portal
Financial Edge
6.5
Global Financial Support
Financial Edge
7.2
Primary and Secondary Ledgers
Financial Edge
7.3
Intercompany Accounting
Financial Edge
7.5
Localizations
Financial Edge
8.0
Journals and Reconciliations
Financial Edge
8.2
Enterprise Accounting
Financial Edge
7.7
Configurable Accounting
Financial Edge
6.6
Centralized Rules Framework
Financial Edge
7.7
Standardized Processes
Financial Edge
7.7

Inventory Management

Financial Edge
8.0
Location management
Financial Edge
8.0

Order Management

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

Accounting Firm BPO Features

Financial Edge
8.0
Branded client dashboards
Financial Edge
8.0
Client data roll-up capabilities
Financial Edge
8.0
Client data consolidation for benchmarking
Financial Edge
8.0
Configurable alerts
Financial Edge
8.0
Billing bypass
Financial Edge
8.0
Client template cloning
Financial Edge
8.0
Single sign-on
Financial Edge
8.0
Configurable client onboarding questions
Financial Edge
8.0
Cross-client workflow management
Financial Edge
8.0
Industry-specific versioning
Financial Edge
8.0
Legacy system data migration
Financial Edge
8.0

Pros

  • Grant Management - nothing is more harrowing than grant reporting, and FE does it best. It allows for layered budgets and limitless division of expenses among grants, overhead, or other projects/programs.
  • Reporting - Most financial software tries to adapt for-profit accounting into a non-profit mode without addressing the unique needs of a nonprofit for reporting and auditing.
  • Multiple projects and/or cost centers within a budget and system - nothing is more challenging than trying to manage expenses over several cost centers and FE is a champ at allowing that complexity.
Wendy Johnson profile photo

Cons

  • Overall, the interface looks like something from the early 90s. Users tend to fight the interface until they get used to doing their particular tasks. However, once they know how to make it work in one area, the interface is very similar across the program.
Petra Hall profile photo

Alternatives Considered

We've used Financial Edge for a very long time.
Petra Hall profile photo

Return on Investment

  • That is difficult to answer, as the organization has used Financial Edge for a very long time. I would say the ability to add a project ID to any transaction in the GL makes it much easier to report on all revenue and expenses belonging to a single project, without having to create project-specific accounts.
Petra Hall profile photo

Pricing Details

Financial Edge

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