Financial Edge (legacy) vs. Sage 500 ERP

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
Sage 500
Score 7.7 out of 10
N/A
Sage 500 ERP includes accounting and finance, distribution and supply chain, and manufacturing operations support modules. The latest Sage 500 release includes accounts payable enhancements, credit card processing, and general updates, as well as updates to the solution's modules.N/A
Pricing
Financial Edge (legacy)Sage 500 ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Financial Edge (legacy)Sage 500
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)Sage 500 ERP
Features
Financial Edge (legacy)Sage 500 ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge (legacy)
1.0
4 Ratings
153% below category average
Sage 500 ERP
7.0
2 Ratings
5% below category average
Pay calculation1.03 Ratings9.01 Ratings
Benefit plan administration1.02 Ratings6.01 Ratings
Direct deposit files1.02 Ratings7.02 Ratings
Salary revision and increment management1.03 Ratings00 Ratings
Reimbursement management1.04 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge (legacy)
1.0
7 Ratings
153% below category average
Sage 500 ERP
8.5
3 Ratings
13% above category average
API for custom integration1.05 Ratings9.03 Ratings
Plug-ins1.07 Ratings8.03 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
9 Ratings
156% below category average
Sage 500 ERP
8.5
3 Ratings
2% above category average
Single sign-on capability1.06 Ratings7.03 Ratings
Role-based user permissions1.09 Ratings10.03 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge (legacy)
1.0
9 Ratings
154% below category average
Sage 500 ERP
8.0
3 Ratings
9% above category average
Dashboards1.09 Ratings6.03 Ratings
Standard reports1.09 Ratings8.03 Ratings
Custom reports1.09 Ratings10.03 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
10 Ratings
153% below category average
Sage 500 ERP
8.0
3 Ratings
4% above category average
Accounts payable1.09 Ratings10.03 Ratings
Accounts receivable1.07 Ratings10.03 Ratings
Cash management1.09 Ratings00 Ratings
Bank reconciliation1.010 Ratings00 Ratings
Expense management1.08 Ratings00 Ratings
Time tracking1.04 Ratings00 Ratings
Fixed asset management1.08 Ratings00 Ratings
Multi-currency support1.05 Ratings00 Ratings
Multi-division support1.06 Ratings00 Ratings
Regulations compliance1.07 Ratings00 Ratings
Electronic tax filing1.04 Ratings00 Ratings
Self-service portal1.07 Ratings00 Ratings
Global Financial Support1.06 Ratings10.02 Ratings
Primary and Secondary Ledgers1.08 Ratings8.01 Ratings
Intercompany Accounting1.08 Ratings00 Ratings
Localizations1.05 Ratings00 Ratings
Journals and Reconciliations1.08 Ratings10.02 Ratings
Enterprise Accounting1.06 Ratings00 Ratings
Configurable Accounting1.07 Ratings10.02 Ratings
Centralized Rules Framework1.06 Ratings00 Ratings
Standardized Processes1.07 Ratings10.02 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge (legacy)
1.0
3 Ratings
152% below category average
Sage 500 ERP
8.0
3 Ratings
1% above category average
Inventory tracking1.02 Ratings6.03 Ratings
Automatic reordering1.02 Ratings10.03 Ratings
Location management1.03 Ratings10.03 Ratings
Manufacturing module1.02 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge (legacy)
1.0
2 Ratings
153% below category average
Sage 500 ERP
8.8
2 Ratings
12% above category average
Pricing1.02 Ratings8.02 Ratings
Order entry1.02 Ratings9.02 Ratings
Credit card processing1.02 Ratings9.02 Ratings
Cost of goods sold1.02 Ratings10.02 Ratings
Order Orchestration1.02 Ratings8.01 Ratings
End-to-end order visibility1.02 Ratings00 Ratings
Order exception Resolution1.02 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
5.9
2 Ratings
23% below category average
Billing Management00 Ratings10.02 Ratings
Cash and Asset Management00 Ratings8.02 Ratings
Travel & Expense Management00 Ratings8.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings2.01 Ratings
Period Close00 Ratings8.02 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
6.9
1 Ratings
9% below category average
Budgeting and Forecasting00 Ratings1.01 Ratings
Project Costing00 Ratings3.01 Ratings
Cost Capture00 Ratings8.01 Ratings
Capital Project Management00 Ratings9.01 Ratings
Customer Contract Compliance00 Ratings9.01 Ratings
Project Revenue Recognition00 Ratings9.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
4.5
1 Ratings
44% below category average
Task Insight for Project Managers00 Ratings7.01 Ratings
Project Mobile Functionality00 Ratings5.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
7.5
1 Ratings
2% above category average
Award Lifecycle Management00 Ratings6.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
6.0
1 Ratings
15% below category average
Contract Authoring00 Ratings8.01 Ratings
Contract Repository00 Ratings10.01 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.01 Ratings
Supplier Management00 Ratings4.01 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
4.3
1 Ratings
43% below category average
Risk Repository00 Ratings3.01 Ratings
Control Management00 Ratings7.01 Ratings
Control Efficiency Assessments00 Ratings4.01 Ratings
Remediation and Certification00 Ratings3.01 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
1.3
1 Ratings
139% below category average
Forecasting00 Ratings1.01 Ratings
Inventory Planning00 Ratings2.01 Ratings
Performance Monitoring00 Ratings1.01 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
Sage 500 ERP
5.3
1 Ratings
31% below category average
Proposal Management00 Ratings7.01 Ratings
Product Master Data Management00 Ratings4.01 Ratings
Best Alternatives
Financial Edge (legacy)Sage 500 ERP
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.9 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
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Score 9.0 out of 10
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User Ratings
Financial Edge (legacy)Sage 500 ERP
Likelihood to Recommend
1.0
(10 ratings)
10.0
(5 ratings)
Likelihood to Renew
-
(0 ratings)
6.3
(2 ratings)
Usability
2.0
(1 ratings)
10.0
(1 ratings)
Support Rating
1.0
(1 ratings)
-
(0 ratings)
Online Training
-
(0 ratings)
6.0
(1 ratings)
Implementation Rating
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
Financial Edge (legacy)Sage 500 ERP
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).
Read full review
Sage
Sage 500 ERP is great for companies with core accounting needs, distributors, and discrete manufacturers. Some areas, such as process manufacturing, would require a companion product from an ISV for the software to be truly functional. Some areas, such as construction or retail apparel, may simply not be well-served.
Read full review
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.
Read full review
Sage
  • Sage is the one-stop-shop for all of our needs. We're able to control contracts, subcontracts, and field reports from the program.
  • Another strength is the ability to database all the information and export it to excel. This makes data-based investigations a breeze.
  • The ability for Timberscan to be imported to Sage is a huge help with invoice management. Prior to this it all had to be done manually and slowed the process to an essential halt as there are thousands of invoices per month.
Read full review
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
Sage
  • The biggest concern/complaint of Sage 500 users is speed. Some of the screen take a while to load.
  • The user interface needs some refreshing. Screens need to be updated to take advantage of shortcuts and to be more intuitive.
Read full review
Likelihood to Renew
Discontinued Products
No answers on this topic
Sage
It's too pricey for our size of company.
Read full review
Usability
Discontinued Products
It's user friendly, when it wants to be.
Read full review
Sage
I have been using Intacct for almost 10 years in 2 different companies and I just simply love it. I tried SAP (GUI) and Netsuite and they dont come close to what Ive seen.
Read full review
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
Sage
No answers on this topic
Online Training
Discontinued Products
No answers on this topic
Sage
The online training courses are not up to date. We experienced technical issues with two of the classes.
Read full review
Implementation Rating
Discontinued Products
No answers on this topic
Sage
Keep your database and application in different servers.
Install Microsoft Office on your application server so you can use some of the data analysis tools in Sage.
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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.
Read full review
Sage
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.
Read full review
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.
Read full review
Sage
  • Positive: The program allows for a lot of data entry and splitting of information. It has the capability of replacing multiple programs and therefore saving cost.
  • Negative: The modules are cumbersome and not user friendly at all. As a result not many user are comfortable using it. This means that the program is not being used to its capacity.
  • Negative: Although the program has the capacity to be great, the user interface destroys that potential. Sage needs to seriously work on their program to simplify it. It's as if it still uses Command-line entries from 1995. Needs to be updated ASAP.
Read full review
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