What users are saying about
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Top Rated
631 Ratings
95 Ratings
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Score 8.7 out of 100

QuickBooks Desktop Pro

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Top Rated
631 Ratings
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Score 8.4 out of 100

Likelihood to Recommend

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

QuickBooks Desktop Pro

QuickBooks Desktop Pro is ideal for small business owners who want the option of controlling their management costs by maintaining accounting in-house with limited staff/budget. It is easy to purchase, install and use...especially for those who are not necessarily accountants by trade. I would say that above all, its simplicity is its best asset. It can perform the majority of accounting functions quickly and easily, and it counts many users...which is always an advantage in my opinion.
As a disadvantage, I would say that it does have a limit in terms of size of organization for which it be of optimal use. Its low price would be attractive to anyone when factoring accounting software costs, but the fact is that I have seen other software suites that are much more robust, and subsequently more viable for larger enterprises with more complex accounting needs....for example, multiple users, international accounting needs, etc...
Ryan Husbands, MBA, CPA | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Financial Edge NXT
7.3
QuickBooks Desktop Pro
8.4
Pay calculation
Financial Edge NXT
4.9
QuickBooks Desktop Pro
8.8
Direct deposit files
Financial Edge NXT
5.2
QuickBooks Desktop Pro
8.7
Salary revision and increment management
Financial Edge NXT
9.9
QuickBooks Desktop Pro
8.3
Reimbursement management
Financial Edge NXT
9.0
QuickBooks Desktop Pro
8.4
Benefit plan administration
Financial Edge NXT
QuickBooks Desktop Pro
7.8

Customization

Financial Edge NXT
7.8
QuickBooks Desktop Pro
7.5
API for custom integration
Financial Edge NXT
8.5
QuickBooks Desktop Pro
7.9
Plug-ins
Financial Edge NXT
7.0
QuickBooks Desktop Pro
7.2

Security

Financial Edge NXT
8.8
QuickBooks Desktop Pro
8.5
Single sign-on capability
Financial Edge NXT
8.9
QuickBooks Desktop Pro
8.7
Role-based user permissions
Financial Edge NXT
8.6
QuickBooks Desktop Pro
8.2

Reporting & Analytics

Financial Edge NXT
8.2
QuickBooks Desktop Pro
8.5
Dashboards
Financial Edge NXT
7.3
QuickBooks Desktop Pro
8.4
Standard reports
Financial Edge NXT
8.7
QuickBooks Desktop Pro
8.9
Custom reports
Financial Edge NXT
8.7
QuickBooks Desktop Pro
8.3

General Ledger and Configurable Accounting

Financial Edge NXT
8.2
QuickBooks Desktop Pro
8.0
Accounts payable
Financial Edge NXT
9.0
QuickBooks Desktop Pro
8.7
Accounts receivable
Financial Edge NXT
7.0
QuickBooks Desktop Pro
8.4
Cash management
Financial Edge NXT
9.0
QuickBooks Desktop Pro
8.2
Bank reconciliation
Financial Edge NXT
8.7
QuickBooks Desktop Pro
9.2
Expense management
Financial Edge NXT
8.9
QuickBooks Desktop Pro
8.2
Time tracking
Financial Edge NXT
6.4
QuickBooks Desktop Pro
7.4
Fixed asset management
Financial Edge NXT
9.0
QuickBooks Desktop Pro
8.0
Multi-currency support
Financial Edge NXT
7.9
QuickBooks Desktop Pro
7.2
Multi-division support
Financial Edge NXT
9.0
QuickBooks Desktop Pro
7.7
Regulations compliance
Financial Edge NXT
9.8
QuickBooks Desktop Pro
7.5
Electronic tax filing
Financial Edge NXT
5.3
QuickBooks Desktop Pro
8.7
Self-service portal
Financial Edge NXT
9.0
QuickBooks Desktop Pro
7.7
Global Financial Support
Financial Edge NXT
QuickBooks Desktop Pro
6.9
Primary and Secondary Ledgers
Financial Edge NXT
QuickBooks Desktop Pro
8.4
Intercompany Accounting
Financial Edge NXT
QuickBooks Desktop Pro
7.9
Localizations
Financial Edge NXT
QuickBooks Desktop Pro
7.7
Journals and Reconciliations
Financial Edge NXT
QuickBooks Desktop Pro
8.4
Enterprise Accounting
Financial Edge NXT
QuickBooks Desktop Pro
7.7
Configurable Accounting
Financial Edge NXT
QuickBooks Desktop Pro
7.6
Centralized Rules Framework
Financial Edge NXT
QuickBooks Desktop Pro
7.7
Standardized Processes
Financial Edge NXT
QuickBooks Desktop Pro
8.6

Order Management

Financial Edge NXT
5.8
QuickBooks Desktop Pro
8.0
Pricing
Financial Edge NXT
6.5
QuickBooks Desktop Pro
8.3
Credit card processing
Financial Edge NXT
9.4
QuickBooks Desktop Pro
8.2
Cost of goods sold
Financial Edge NXT
1.4
QuickBooks Desktop Pro
8.6
Order entry
Financial Edge NXT
QuickBooks Desktop Pro
8.1
Order Orchestration
Financial Edge NXT
QuickBooks Desktop Pro
8.0
End-to-end order visibility
Financial Edge NXT
QuickBooks Desktop Pro
7.9
Order exception Resolution
Financial Edge NXT
QuickBooks Desktop Pro
7.2

Inventory Management

Financial Edge NXT
QuickBooks Desktop Pro
7.7
Inventory tracking
Financial Edge NXT
QuickBooks Desktop Pro
7.7
Automatic reordering
Financial Edge NXT
QuickBooks Desktop Pro
7.5
Location management
Financial Edge NXT
QuickBooks Desktop Pro
8.2
Manufacturing module
Financial Edge NXT
QuickBooks Desktop Pro
7.2

Pros

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

QuickBooks Desktop Pro

  • Inventory management with low stock indicators has made it easy to ensure I have the necessary parts and supplies I need for my jobs.
  • Time tracking and being able to invoice on that time makes it simple to bill clients for work I have performed. Prior to QuickBooks I had time that I wasn't getting paid for because I would forget to invoice for it.
  • The extensive number of reports available as well as customizations allows me to see how my sales are doing on a regular basis in different areas of the market.
Bill Greganti | TrustRadius Reviewer

Cons

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

QuickBooks Desktop Pro

  • QuickBooks largest setback is the UI. It is a bit cumbersome and not entirely intuitive if you have never used QuickBooks before.
  • Occasionally QuickBooks has a hard time communicating with your bank, but it is usually fixed after a couple attempts.
  • QuickBooks does need to be bought each year to stay up to date.
Heath Achatz | TrustRadius Reviewer

Likelihood to Renew

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

QuickBooks Desktop Pro

QuickBooks Desktop Pro 10.0
Based on 18 answers
Overall the features of PRO are just not enough to run a great company with good reporting and smooth accounting. If you're serious about getting your finances organized, step up to PREMIER or ACCOUNTANT. The small additional investment will be well worth while. And for truly world-class security and performance, please consider having your QuickBooks hosted on a virtual network. By doing this you will relieve yourself of the hassle, expense, and danger of making your own backups, protecting your QuickBooks files from viruses, and of course, getting hacked. A hosted platform will protect you from all of these things and make your QuickBooks files available to your team from anywhere in the world.
David Worrell | TrustRadius Reviewer

Usability

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

QuickBooks Desktop Pro

QuickBooks Desktop Pro 8.3
Based on 10 answers
It does require some training to get used to, it's not really something you can figure out on your own. Every company is also going to have their own custom features. But, I feel really confident using it now after months of training and scenarios
Ariel Dunay | TrustRadius Reviewer

Support Rating

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

QuickBooks Desktop Pro

QuickBooks Desktop Pro 9.5
Based on 8 answers
I haven't had any major issues or complaints. I think there is always room for improvement; the software isn't flawless, but it has been super helpful in creating manageable financials for our start-up business. When I have needed support help, which hasn't been real often, usually the problem is resolvable. I have occasionally had to pay extra fees for help, but nothing unreasonable.
Erika Neilson | TrustRadius Reviewer

In-Person Training

Financial Edge NXT

No score
No answers yet
No answers on this topic

QuickBooks Desktop Pro

QuickBooks Desktop Pro 10.0
Based on 1 answer
Best thing I ever did was to attend a two day training seminar on QuickBooks, I learned an immense amount in a short time with hands on training by experts. I strongly recommend such training for anyone using any part of the software. It will pay for itself in the first month.
Chuck Bunn | TrustRadius Reviewer

Implementation Rating

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

QuickBooks Desktop Pro

QuickBooks Desktop Pro 9.0
Based on 6 answers
We implemented the software ourselves. The training we received on the software was done by taking a community course teaching us how to use QuickBooks. It allowed me to get started with some basics of how to use the program and have not needed much assistance since completing the course work.
Erika Neilson | TrustRadius Reviewer

Alternatives Considered

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

QuickBooks Desktop Pro

I would recommend QuickBooks Pro over QuickBooks Online for almost everyone. It is easy to learn the basics, the payroll is so much easier to use, the reports are better and easier to use. The advantages of QBP far outweigh those of QBO. When asked, I recommend QBP almost every time.
Meredith Turcotte | TrustRadius Reviewer

Return on Investment

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

QuickBooks Desktop Pro

  • By entering our bills as they arrive we get reminders when payment dates are coming due as well as making it easy to track where the money is going
  • Invoicing has made tracking money owed to us easy and cut down on having to call people looking for money owee to us.
  • Quickbooks built-in templates for invoicing & quotes we have been able to have a more professional look to present to customers
Heather Pellegrini | TrustRadius Reviewer

Screenshots

QuickBooks Desktop Pro

Pricing Details

Financial Edge NXT

General

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

QuickBooks Desktop Pro

General

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

Rating Summary

Likelihood to Recommend

Financial Edge NXT
8.2
QuickBooks Desktop Pro
8.7

Likelihood to Renew

Financial Edge NXT
7.8
QuickBooks Desktop Pro
10.0

Usability

Financial Edge NXT
5.5
QuickBooks Desktop Pro
8.3

Reliability and Availability

Financial Edge NXT
QuickBooks Desktop Pro
8.3

Support Rating

Financial Edge NXT
10.0
QuickBooks Desktop Pro
9.5

In-Person Training

Financial Edge NXT
QuickBooks Desktop Pro
10.0

Implementation Rating

Financial Edge NXT
6.4
QuickBooks Desktop Pro
9.0

Scalability

Financial Edge NXT
QuickBooks Desktop Pro
8.0

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