Financial Edge

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge
Score 6.0 out of 10
N/A
N/AN/A
Pricing
Financial Edge
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Financial Edge
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
Considered Both Products
Financial Edge
Chose Financial Edge
It doesn't even compare. Sage is far better than Financial Edge. No contest.
Chose 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 …
Chose Financial Edge
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.
Chose Financial Edge
Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
Chose Financial Edge
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.
Chose Financial Edge
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 …
Top Pros
Top Cons
Features
Financial Edge
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge
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 Product A and Product B
Financial Edge
1.0
7 Ratings
150% below category average
API for custom integration1.05 Ratings
Plug-ins1.07 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge
1.0
9 Ratings
155% below category average
Single sign-on capability1.06 Ratings
Role-based user permissions1.09 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge
1.0
9 Ratings
153% 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 Product A and Product B
Financial Edge
1.0
10 Ratings
152% 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 Product A and Product B
Financial Edge
1.0
3 Ratings
150% 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 Product A and Product B
Financial Edge
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
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Financial Edge
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Score 9.1 out of 10
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All AlternativesView all alternatives
User Ratings
Financial Edge
Likelihood to Recommend
1.0
(10 ratings)
Usability
2.0
(1 ratings)
Support Rating
1.0
(1 ratings)
User Testimonials
Financial Edge
Likelihood to Recommend
Blackbaud
  • 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).
Read full review
Pros
Blackbaud
  • 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.
Read full review
Cons
Blackbaud
  • 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
Blackbaud
It's user friendly, when it wants to be.
Read full review
Support Rating
Blackbaud
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
Blackbaud
Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
Read full review
Return on Investment
Blackbaud
  • 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.
Read full review
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