Financial Edge (legacy) vs. Microsoft Dynamics GP

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge (legacy)
Score 6.8 out of 10
N/A
A legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A
Microsoft Dynamics GP
Score 5.4 out of 10
N/A
Microsoft Dynamics GP is an ERP software with accounting capabilities. It includes various packs for customizability and features tailored to specific industries’ needs. GP is offered as a perpetual license or subscription.N/A
Pricing
Financial Edge (legacy)Microsoft Dynamics GP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Financial Edge (legacy)Microsoft Dynamics GP
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Financial Edge (legacy)Microsoft Dynamics GP
Considered Both Products
Financial Edge (legacy)
Chose Financial Edge (legacy)
It doesn't even compare. Sage is far better than Financial Edge. No contest.
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.
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.
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 …
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.
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 …
Microsoft Dynamics GP
Chose Microsoft Dynamics GP
Microsoft Dynamics GP is obviously superior to the other platforms I’ve used simply in its robustness and GAAP compliance features, but with far less usability and even in someways less usable reporting.
Chose Microsoft Dynamics GP
Business Central wasn't out then. Nav, the predecessor, was out, but its user interface was dated until 2009, when the role-tailored client came out; it was much better afterwards. If your company has manufacturing, then Business Central is the way to go. It's unfortunate that …
Chose Microsoft Dynamics GP
It is more powerful in features and ease of use as Microsoft GP provides an intuitive user interface leading to quicker adoption.
Chose Microsoft Dynamics GP
Xero is easier to use, closer to Quickbooks. Most of the background GL is automated, where as in GP it is not.
Chose Microsoft Dynamics GP
Due to the size of our company Microsoft Dynamics GP works better for us than Quickbooks because of the reporting capabilities. However, the NetSuite demo proved to be much more user-friendly with more reporting capabilities.
Chose Microsoft Dynamics GP
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration …
Chose Microsoft Dynamics GP
Quickbooks, SAP, and Netsuite. We are a small-sized business so Dynamics GP is better for our business.
Chose Microsoft Dynamics GP
There are more features and products overall in the Microsoft package at a better price point. Overall, Salesforce has a much sleeker and more user-friendly design.
Chose Microsoft Dynamics GP
We moved from Epicor Eagle N Series to Dynamics GP as an accounting solution for our new POS system. I believe Dynamics GP has more options to create and present financial statements for a large company with many regions and districts. However, because of the weakness of our …
Chose Microsoft Dynamics GP
They both accomplish the same thing, I think Oracle was what I first learned and thus making the change to Microsoft Dynamics GP just took a little bit of time to learn the technology. After you get the hang of it, it becomes much easier and I taught my coworkers how to use it.
Chose Microsoft Dynamics GP
I did not pick Dynamics over Salesforce, my company was using it and eventually switched over to Salesforce. I would say that Dynamics is user-friendly and the interface is quite easy to understand. I really like the reporting capabilities as well. Once again, the aesthetic …
Chose Microsoft Dynamics GP
GP is more robust than QuickBooks bar none.
Chose Microsoft Dynamics GP
At the time of purchase, Microsoft Dynamics GP seemed more appropriate and more in sync with the needs of our company. The software was more responsive, user-friendly and it allowed for more flexibility with the way it was intended to be used. We were also promised better …
Chose Microsoft Dynamics GP
My recollection of Quickbooks pro isn't great, and it was over 10 years ago. Obviously many things have changed in that time frame, so any comparison would likely not be relevant.
Chose Microsoft Dynamics GP
The only product with have shopped was Sage Intacct. It is somewhat unfair to compare the two solutions, because Sage Intacct is a cloud-based solution. That said, Intacct appears to advertise better reporting/business intelligence capabilities. MS Dynamics GP should be aware …
Chose Microsoft Dynamics GP
Microsoft Dynamics GP is one of the best ERP's for a medium or small business in the market today. When we were looking for the right software, it had already a connection developed with our 3rd party logistics system, so the decision was pretty easy since the logistic / supply …
Chose Microsoft Dynamics GP
Dynamics GP is much more flexible and enterprise-oriented than Quickbooks Pro or similar software. It can support many more users and scenarios. However it requires more dedicated infrastructure (such as servers and databases) and more dedicated IT resources to maintain and …
Chose Microsoft Dynamics GP
I love Dayforce for payroll. It has been configured to meet all our needs, is user-friendly and the customer support is fantastic. We originally moved from MDGP payroll to Ceridian Insync payroll due to the issues we had. We upgraded to Dayforce and are very happy with the …
Chose Microsoft Dynamics GP
Learning GP with so many resources from the GP community has been easy. Someone always has the answer or suggestions to point me in the right direction. I've had very few instances where the systems caused an error that required research in order to fix the glitch.
Chose Microsoft Dynamics GP
We looked at several general ledger software packages. We had excellent customer service and implementation guidance through a third party. Having a knowledgeable consultant is critical to a successful implementation.
Chose Microsoft Dynamics GP
Quickbooks Pro and GP are not on the same playing field. GP is a full account system adhering to GAAP, while QuickBooks is designed for the small business market. While starting out with QuickBooks is easy, if you plan to grow, you will soon outgrow it.
Chose Microsoft Dynamics GP
Microsoft Dynamics is a good, easy to use product for entities that do not have advanced manufacturing.
If I were to go into a distribution or service type business I would highly recommend it.
If I were to go into an advanced manufacturing environment I would not consider GP.
Chose Microsoft Dynamics GP
More user friendly in certain areas and much more cost effective to manage and support
Chose Microsoft Dynamics GP
TechSoup had great privcing, I had experince with GP in previous companys and there are a lot of staff accountants who have relevant experience.
Features
Financial Edge (legacy)Microsoft Dynamics GP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
153% below category average
Microsoft Dynamics GP
6.4
Ratings
17% below category average
Pay calculation1.00 Ratings6.20 Ratings
Benefit plan administration1.00 Ratings5.80 Ratings
Direct deposit files1.00 Ratings7.50 Ratings
Salary revision and increment management1.00 Ratings6.50 Ratings
Reimbursement management1.00 Ratings6.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
Microsoft Dynamics GP
4.3
Ratings
56% below category average
API for custom integration1.00 Ratings2.50 Ratings
Plug-ins1.00 Ratings6.00 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
157% below category average
Microsoft Dynamics GP
6.9
Ratings
18% below category average
Single sign-on capability1.00 Ratings5.70 Ratings
Role-based user permissions1.00 Ratings8.20 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
155% below category average
Microsoft Dynamics GP
5.3
Ratings
39% below category average
Dashboards1.00 Ratings3.40 Ratings
Standard reports1.00 Ratings6.20 Ratings
Custom reports1.00 Ratings6.40 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
Microsoft Dynamics GP
5.0
Ratings
42% below category average
Accounts payable1.00 Ratings6.30 Ratings
Accounts receivable1.00 Ratings5.80 Ratings
Cash management1.00 Ratings6.30 Ratings
Bank reconciliation1.00 Ratings5.60 Ratings
Expense management1.00 Ratings4.40 Ratings
Time tracking1.00 Ratings8.00 Ratings
Fixed asset management1.00 Ratings4.40 Ratings
Multi-currency support1.00 Ratings2.70 Ratings
Multi-division support1.00 Ratings3.00 Ratings
Regulations compliance1.00 Ratings3.20 Ratings
Electronic tax filing1.00 Ratings9.00 Ratings
Self-service portal1.00 Ratings7.00 Ratings
Global Financial Support1.00 Ratings6.00 Ratings
Primary and Secondary Ledgers1.00 Ratings4.70 Ratings
Intercompany Accounting1.00 Ratings3.70 Ratings
Localizations1.00 Ratings4.50 Ratings
Journals and Reconciliations1.00 Ratings4.60 Ratings
Enterprise Accounting1.00 Ratings2.70 Ratings
Configurable Accounting1.00 Ratings3.70 Ratings
Centralized Rules Framework1.00 Ratings3.50 Ratings
Standardized Processes1.00 Ratings6.20 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
152% below category average
Microsoft Dynamics GP
4.3
Ratings
52% below category average
Inventory tracking1.00 Ratings5.80 Ratings
Automatic reordering1.00 Ratings1.00 Ratings
Location management1.00 Ratings4.00 Ratings
Manufacturing module1.00 Ratings3.90 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
153% below category average
Microsoft Dynamics GP
3.6
Ratings
70% below category average
Pricing1.00 Ratings3.60 Ratings
Order entry1.00 Ratings3.60 Ratings
Credit card processing1.00 Ratings1.00 Ratings
Cost of goods sold1.00 Ratings5.10 Ratings
Order Orchestration1.00 Ratings5.10 Ratings
End-to-end order visibility1.00 Ratings3.50 Ratings
Order exception Resolution1.00 Ratings3.40 Ratings
Best Alternatives
Financial Edge (legacy)Microsoft Dynamics GP
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 4.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 4.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.3 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial Edge (legacy)Microsoft Dynamics GP
Likelihood to Recommend
1.0
(0 ratings)
4.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.9
(0 ratings)
Usability
2.0
(0 ratings)
5.4
(0 ratings)
Availability
-
(0 ratings)
10.0
(0 ratings)
Performance
-
(0 ratings)
7.0
(0 ratings)
Support Rating
1.0
(0 ratings)
7.0
(0 ratings)
Implementation Rating
-
(0 ratings)
8.2
(0 ratings)
Product Scalability
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
Financial Edge (legacy)Microsoft Dynamics GP
Likelihood to Recommend
  • 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
Microsoft Dynamics GP is well-suited for our environment, as we pay a diverse group of employees, including on-the-road drivers, shop employees (some in other locations), and office employees. It easily tracks time off, taxes, pay, etc. The reporting allows us to verify with our drivers how they are paid each week, whether it be through mileage or stop-offs.
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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.
Read full review
  • User friendly interface
  • Able to be extended into multiple areas of your business
  • One feature we have been using for a few years is EFT for payables - it has significantly reduced the time spent paying vendors and reduced our check printing and mailing costs. It is very easy to setup and use.
Read full review
Cons
  • 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
  • Supply chain management is adequate but not exceptional, and there are challenges tying the product to a website front end. These features are present and work fine in many environments but are often lacking for customers who need more robust systems.
  • Reporting tools often require consulting expertise or an internal business analyst to develop. Many smaller companies don't have this skill set, so it can be costly to upgrade to GP from a smaller packages like QuickBooks.
  • Some features that are available in competing products are still not present in GP, such as full copy-paste functionality and more intelligent workflow/batch processing functions.
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Likelihood to Renew
No answers on this topic
Due the economic challenges that Puerto Rico is having, the company has had to merge some companies in order to be more efficient. It has been easy in GP to process those merges, even thought we had to spend days to accomplish that the process was smooth and accurate. In addition we were able to streamline the purchasing and sales process and the organization is confident to keep renewing GP for the future versions.
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Usability
It's user friendly, when it wants to be.
Read full review
Menus are generally quite difficult to navigate, user-friendliness is lacking, platform can at times be unstable (crashes, etc), reports tha would seem to report one thing do not actually return that data. Usability is probably the biggest weakness of Microsoft Dynamics GP.
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Support Rating
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
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The rating is directed to the thrid party serive provider that we use. I do not now how good the Microsoft direct support is.
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Implementation Rating
No answers on this topic
Basically the challenge with this implementation was the Business Portal, too many errors and even the aplication is up and running the users are still having issues. We will start planning the migraton to GP 2015 soon.
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Alternatives Considered
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
Because GP doesn't do CRM we have looked at D365 Customer Engagement for our field service, and F&O as a replacement. Vaporware, no direct upgrade path, and if you want to continue with GP for your back office and just use Field Service it's an insanely complex integration import/export. D365 F&O is a huge implementation cost, and without a direct migration path every bit of data has to be custom imported. There really is no straightforward way to stack up GP against these programs currently. Again, the future of GP is in some doubt.
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Scalability
No answers on this topic
The functionality that GP and related ISV solutions offer and the ease of integration of GP to other systems makes it an extremely scalable solution
Read full review
Return on Investment
  • We have been able to more effectively track utilization of budgets
  • Scholarship management has more than tripled over a five year period
Read full review
  • We have never missed a payroll using Great Plains. We have the ability to fix any issues that come up quickly.
  • It streamlines our departments that handle money into one unified system. This gives accounting and finance the overall picture in one system.
  • With Integration Manager we have to worry less about taking time to hand key transactions. This cuts down on entry time and increase efficiency for our clerks.
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ScreenShots