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    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

    QuickBooks Online Advanced

    Score8.2 out of 10
    N/AQuickBooks Online Advanced is a SaaS-based accounting software designed to scale with growing businesses. It includes the functionalities of QuickBooks Online, as well as more robust business analytics, customization, and resource management.N/A
    Pricing
    Financial Edge (legacy)QuickBooks Online Advanced
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Financial Edge (legacy)QuickBooks Online Advanced
    Free Trial
    NoYes
    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)QuickBooks Online Advanced
    Considered Both Products
    Discontinued Products
    No answer on this topic
    Intuit
    Chose QuickBooks Online Advanced
    The product I used clearly appears struggling to catch up but doesn't seem an easy task for them. This other product was not able to finalize some of the modules into the web-base (NXT) system. Intuit already has multiple products (payments, tax filing, payroll, etc) that …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    92%
    Would buy again
    155 Answers
    Delivers good value for the price
    No answers on this topic
    89%
    Delivers good value for the price
    138 Answers
    Happy with the feature set
    No answers on this topic
    93%
    Happy with the feature set
    158 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    91%
    Lived up to sales and marketing promises
    128 Answers
    Implementation went as expected
    No answers on this topic
    88%
    Implementation went as expected
    135 Answers
    Features
    Financial Edge (legacy)QuickBooks Online Advanced
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    QuickBooks Online Advanced
    -
    Ratings
    Pay calculation1.03 Ratings00 Ratings
    Benefit plan administration1.02 Ratings00 Ratings
    Direct deposit files1.02 Ratings00 Ratings
    Salary revision and increment management1.03 Ratings00 Ratings
    Reimbursement management1.04 Ratings00 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    QuickBooks Online Advanced
    7.9
    118 Ratings
    4% above category average
    API for custom integration1.05 Ratings7.797 Ratings
    Plug-ins1.07 Ratings8.0103 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    QuickBooks Online Advanced
    8.4
    213 Ratings
    3% above category average
    Single sign-on capability1.06 Ratings8.4187 Ratings
    Role-based user permissions1.09 Ratings8.3209 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    QuickBooks Online Advanced
    8.2
    228 Ratings
    5% above category average
    Dashboards1.09 Ratings8.3215 Ratings
    Standard reports1.09 Ratings8.5228 Ratings
    Custom reports1.09 Ratings7.7219 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    QuickBooks Online Advanced
    8.2
    236 Ratings
    7% above category average
    Accounts payable1.09 Ratings8.4221 Ratings
    Accounts receivable1.07 Ratings8.5222 Ratings
    Cash management1.09 Ratings8.5195 Ratings
    Bank reconciliation1.010 Ratings9.1226 Ratings
    Expense management1.08 Ratings8.5207 Ratings
    Time tracking1.04 Ratings7.7111 Ratings
    Fixed asset management1.08 Ratings00 Ratings
    Multi-currency support1.05 Ratings6.557 Ratings
    Multi-division support1.06 Ratings7.297 Ratings
    Regulations compliance1.07 Ratings8.3104 Ratings
    Electronic tax filing1.04 Ratings8.8127 Ratings
    Self-service portal1.07 Ratings7.9122 Ratings
    Global Financial Support1.06 Ratings00 Ratings
    Primary and Secondary Ledgers1.08 Ratings8.298 Ratings
    Intercompany Accounting1.08 Ratings8.0101 Ratings
    Localizations1.05 Ratings00 Ratings
    Journals and Reconciliations1.08 Ratings8.4202 Ratings
    Enterprise Accounting1.06 Ratings7.989 Ratings
    Configurable Accounting1.07 Ratings8.4112 Ratings
    Centralized Rules Framework1.06 Ratings8.887 Ratings
    Standardized Processes1.07 Ratings8.4153 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    QuickBooks Online Advanced
    6.2
    91 Ratings
    16% below category average
    Inventory tracking1.02 Ratings6.291 Ratings
    Automatic reordering1.02 Ratings00 Ratings
    Location management1.03 Ratings00 Ratings
    Manufacturing module1.02 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy) and QuickBooks Online Advanced
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    QuickBooks Online Advanced
    6.8
    152 Ratings
    8% below category average
    Pricing1.02 Ratings6.8111 Ratings
    Order entry1.02 Ratings6.5100 Ratings
    Credit card processing1.02 Ratings7.1131 Ratings
    Cost of goods sold1.02 Ratings00 Ratings
    Order Orchestration1.02 Ratings00 Ratings
    End-to-end order visibility1.02 Ratings00 Ratings
    Order exception Resolution1.02 Ratings00 Ratings
    Best Alternatives
    Financial Edge (legacy)QuickBooks Online Advanced
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.1 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.1 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)QuickBooks Online Advanced
    Likelihood to Recommend
    1.0
    (10 ratings)
    7.9
    (238 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.7
    (21 ratings)
    Usability
    2.0
    (1 ratings)
    8.4
    (16 ratings)
    Availability
    -
    (0 ratings)
    8.1
    (4 ratings)
    Performance
    -
    (0 ratings)
    9.1
    (5 ratings)
    Support Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    -
    (0 ratings)
    9.0
    (3 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.4
    (10 ratings)
    Configurability
    -
    (0 ratings)
    8.0
    (5 ratings)
    Ease of integration
    -
    (0 ratings)
    9.2
    (4 ratings)
    Product Scalability
    -
    (0 ratings)
    9.7
    (3 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.2
    (4 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.1
    (3 ratings)
    User Testimonials
    Financial Edge (legacy)QuickBooks Online Advanced
    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
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    Intuit
    Well suited for a larger company with many classes that need to be differentiated. It is relatively intuitive to use, whether you have used other versions of QuickBooks, or any other accounting software. Easy to dig into your accounts from wither the Balance Sheet or the Profit and Loss when trying to analyze performance.
    Incentivized
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    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
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    Intuit
    • Budgeting is easy to input. Our entities have multiple departments, so using classes to separate and report the results of each department is important.
    • Reports are easy to customize to provide meaningful data to the board and department managers.
    • QuickBooks Online Advanced has a large market share of accounting software in use, so it is relatively easy to find new employees with prior experience with QuickBooks Online Advanced.
    • Able to open both entities at the same time, which is helpful due to the number of transactions between the two entities.
    Incentivized
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    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
    Intuit
    • Continued growth around AI usage and tool.
    • There are still some reporting gaps that make setting up custom reports not absolutely top-tier.
    • There can be a lot of UI clutter as different features keep getting turned on. Can become harder to navigate.
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Intuit
    It has become second nature to use Quick Books at the company. If you need a report you log in and pull the report. It helps expedite reconciliation of bank accounts, the automation of most tasks make it easy to get mundane tasks completed quickly.
    Incentivized
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    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Intuit
    QuickBooks Online Advanced is highly usable and intuitive for most day-to-day financial tasks. Its interface is clear, and core functions such as invoicing, reconciliation, and reporting are easy to perform. While some advanced features like report customization or integrations can be less straightforward, overall the platform offers a smooth and efficient user experience.
    Incentivized
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    Reliability and Availability
    Discontinued Products
    No answers on this topic
    Intuit
    In the 5 years I have been using it, I cannot recall there ever having been an outage or not being able to access the system. Sure, there are issues with internet speeds sometimes that are unrelated to Intuit but it is a very reliable system.
    Incentivized
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    Performance
    Discontinued Products
    No answers on this topic
    Intuit
    Since we do not integrate the software with other systems, I do not have any issues with speed related to that. Pages tend to load pretty quickly, but there are times when reports or other pages take a little longer to load than usual. It is not an overly frustrating amount of time, though, and it happens infrequently.
    Incentivized
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    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
    Intuit
    No answers on this topic
    Online Training
    Discontinued Products
    No answers on this topic
    Intuit
    The online training is good enough.
    Incentivized
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    Implementation Rating
    Discontinued Products
    No answers on this topic
    Intuit
    I did not participate in this part particularly much. The implementation was simple and easy to perform. There were not any major issues that arose during the process. QuickBooks has made the processes pretty streamless and I believe they had anticipated many difficulties ahead of time. This was easy enough
    Incentivized
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    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
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    Intuit
    QBO is great because it does accounting very well, and it can integrate well with everything. I appreciate that it has third-party integrations with many other software companies, so we can focus on doing our accounting through QuickBooks while adding other software as needed through those integrations.
    Incentivized
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    Scalability
    Discontinued Products
    No answers on this topic
    Intuit
    Software is very flexible
    Incentivized
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    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
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    Intuit
    • Spreadsheet sync reduces manual data entry significantly. Exporting data into my customized Excel workbook that has complex formulas and macros for automating makes uploading changes and reconfiguring easy and convenient, saving a lot of time.
    • Automating AP approval has reduced lost paper copies, improved internal controls, and reduced audit findings.
    • Having banking connections has improved cash flow management, streamlined credit card expenses and reconciliation. I have found that utilizing it for my primary operating account actually makes things more difficult and can easily double-post payments, so I avoid using it on the checking account. It has been well for the credit card account, though.
    Incentivized
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