Financial Edge (legacy) vs. Sage Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge (legacy)
Score 6.7 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 Accounting
Score 8.6 out of 10
N/A
Sage Accounting is online accounting software made to simplify life for small business owners, entrepreneurs, and freelancers by providing the functions needed to take care of daily business to-dos. Users can create and send professional quotes and invoices, track income and expenses and know where the business' financials stand. Every Sage Business Cloud Accounting subscription includes unlimited access to support as well as automatic backups and product updates.
$19
per month
Pricing
Financial Edge (legacy)Sage Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Financial Edge (legacy)Sage Accounting
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions and pricing listed are for CA products. Versions available and pricing may vary by country. * 2 months free to start, or free for 1 month to try, then $19/$43/$62 +tax/mo (tier depending). Offer valid for new customers only on monthly subscriptions of Sage Business Cloud Accounting. After the promotional period, the monthly subscription rate will renew at the then current rate. May not be combined with any other offers or discounts. To ensure continuous service the subscription plan is an automatically renewing plan. Subsequent months will automatically be billed to the same credit card each month on the anniversary date of purchase. Plans can be terminated at any time prior to the renewal data and not charged for renewal.
More Pricing Information
Community Pulse
Financial Edge (legacy)Sage Accounting
Considered Both Products
Financial Edge (legacy)

No answer on this topic

Sage Accounting
Chose Sage Accounting
Although I've used a number of other accounting systems, Sage is really comparable to Xero and QuickBooks Online, as it is competing in the same basic accounting software category. Sage One Accounting has been selected in certain client situations where they were already using …
Top Pros
Top Cons
Features
Financial Edge (legacy)Sage Accounting
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 Accounting
9.3
19 Ratings
22% above category average
Pay calculation1.03 Ratings10.015 Ratings
Benefit plan administration1.02 Ratings9.312 Ratings
Direct deposit files1.02 Ratings8.812 Ratings
Salary revision and increment management1.03 Ratings9.310 Ratings
Reimbursement management1.04 Ratings9.112 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge (legacy)
1.0
7 Ratings
154% below category average
Sage Accounting
8.4
23 Ratings
9% above category average
API for custom integration1.05 Ratings9.220 Ratings
Plug-ins1.07 Ratings7.517 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
9 Ratings
156% below category average
Sage Accounting
9.7
42 Ratings
18% above category average
Single sign-on capability1.06 Ratings9.931 Ratings
Role-based user permissions1.09 Ratings9.639 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 Accounting
8.7
44 Ratings
11% above category average
Dashboards1.09 Ratings7.040 Ratings
Standard reports1.09 Ratings9.644 Ratings
Custom reports1.09 Ratings9.535 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 Accounting
8.7
67 Ratings
14% above category average
Accounts payable1.09 Ratings9.360 Ratings
Accounts receivable1.07 Ratings9.945 Ratings
Cash management1.09 Ratings8.456 Ratings
Bank reconciliation1.010 Ratings7.764 Ratings
Expense management1.08 Ratings9.934 Ratings
Time tracking1.04 Ratings6.611 Ratings
Fixed asset management1.08 Ratings7.228 Ratings
Multi-currency support1.05 Ratings9.918 Ratings
Multi-division support1.06 Ratings9.818 Ratings
Regulations compliance1.07 Ratings9.429 Ratings
Electronic tax filing1.04 Ratings7.938 Ratings
Self-service portal1.07 Ratings9.925 Ratings
Global Financial Support1.06 Ratings8.78 Ratings
Primary and Secondary Ledgers1.08 Ratings9.415 Ratings
Intercompany Accounting1.08 Ratings7.611 Ratings
Localizations1.05 Ratings8.09 Ratings
Journals and Reconciliations1.08 Ratings9.033 Ratings
Enterprise Accounting1.06 Ratings7.710 Ratings
Configurable Accounting1.07 Ratings9.018 Ratings
Centralized Rules Framework1.06 Ratings8.58 Ratings
Standardized Processes1.07 Ratings9.420 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge (legacy)
1.0
3 Ratings
153% below category average
Sage Accounting
7.1
17 Ratings
5% below category average
Inventory tracking1.02 Ratings6.617 Ratings
Automatic reordering1.02 Ratings8.46 Ratings
Location management1.03 Ratings6.37 Ratings
Manufacturing module1.02 Ratings7.05 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 Accounting
7.8
28 Ratings
3% above category average
Pricing1.02 Ratings9.917 Ratings
Order entry1.02 Ratings7.715 Ratings
Credit card processing1.02 Ratings8.118 Ratings
Cost of goods sold1.02 Ratings7.220 Ratings
Order Orchestration1.02 Ratings6.66 Ratings
End-to-end order visibility1.02 Ratings7.47 Ratings
Order exception Resolution1.02 Ratings7.55 Ratings
Best Alternatives
Financial Edge (legacy)Sage Accounting
Small Businesses
Sage Accounting
Sage Accounting
Score 9.2 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 9.1 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
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial Edge (legacy)Sage Accounting
Likelihood to Recommend
1.0
(10 ratings)
8.9
(74 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(8 ratings)
Usability
2.0
(1 ratings)
8.1
(41 ratings)
Availability
-
(0 ratings)
8.6
(4 ratings)
Performance
-
(0 ratings)
9.4
(4 ratings)
Support Rating
1.0
(1 ratings)
9.9
(18 ratings)
In-Person Training
-
(0 ratings)
9.5
(2 ratings)
Online Training
-
(0 ratings)
9.4
(4 ratings)
Implementation Rating
-
(0 ratings)
9.4
(3 ratings)
Configurability
-
(0 ratings)
9.2
(3 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
9.6
(2 ratings)
Ease of integration
-
(0 ratings)
9.6
(2 ratings)
Product Scalability
-
(0 ratings)
8.2
(4 ratings)
Professional Services
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
9.4
(3 ratings)
Vendor pre-sale
-
(0 ratings)
9.4
(3 ratings)
User Testimonials
Financial Edge (legacy)Sage Accounting
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).
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Sage
Pastel also helps users to save time when it comes to bank and supplier reconciliations. Capturing into pastel is also easy. The merit of pastel is that it is very efficient and simplifies most of the financial accounting and human resource management tasks. I have discovered that some long batches (more than 2000), if posted during peak hours, tend to fail during posting and resume later, but at this point, doubling, trebling, or even quadrupling transactions.
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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.
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Sage
  • Bank integration - being able to extract banking transaction into Sage Accounting.
  • Allocation rules - transactions are auto-allocated once allocation rules have been set up. This is a great time-saver.
  • Flexibility - the ability to view transactions, click on them to the allocation point and rectifying if required saves having to create journals, and therefore time. General ledgers therefore stay cleaner and more user-friendly.
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.
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Sage
  • I find it difficult to record journals in cloud accounting. Maybe I just don’t have the knowledge.
  • It’s important to export all unrecorded sync bank transactions to Excel to send to clients to explain the payment receipts before being posted. This function is not available on the cloud and makes life harder, having to call out the transactions to clients over the phone.
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Likelihood to Renew
Discontinued Products
No answers on this topic
Sage
We're very happy with the functionality and overall experience of using Sage Accounting for our accounting needs. Currently, we are not even considering whether we would need to look around for a different option. The only things that would make us consider changing would be a significant increase in price or changes to the software which reduce it's ease of function.
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Usability
Discontinued Products
It's user friendly, when it wants to be.
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Sage
I was new to accounts and am constantly doing more through Sage than we have ever done in the company. Our accounts software has taken the stress out of many aspects of accounting. Highlights would be statement runs, purchase automation, and quick and professional remittance advice.
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Reliability and Availability
Discontinued Products
No answers on this topic
Sage
Sage has been always available when I want it. If there is any maintenance work to be done by the Sage team, you are told well in advance. Maintenance is generally carried out late at night or before the day begins for most of us. It continues to be the most reliable software I use.
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Performance
Discontinued Products
No answers on this topic
Sage
Performance is top notch, if it is not, it is probably your wi-fi connection. It has happened that pages load slowly because of an error on Sage side but almost never. Overall reports load fine, the site is fast, navigation is fine. I have a client that has so many invoices, it is slow or gets stuck when you try to load a report for a whole year but it is just too many invoices, it makes sense. Just take 2 report for 6 months and combine them, its not an issue for me. I am happy with Sage Accounting's performance.
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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
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Sage
Sage Accounting are easy to contact and have knowledgeable and helpful staff. Whenever I've encountered a problem I've always been able to get assistance and guidance and it feels like the person at the end of the phone/screen knows the product well.
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In-Person Training
Discontinued Products
No answers on this topic
Sage
Staff are always friendly, and patient, always work at a speed that suits you. You are never rushed, and In only a short time they seem to be able to help you make great strides. It has been a pleasure not a chore, learning how SAGE Accounting works and benefits me and the company.
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Online Training
Discontinued Products
No answers on this topic
Sage
I find the online training was very informative and they answered all my questions. I am also certified in Sage One and provided online training in the program which I have set up several people on and they love how it keeps them organized.
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Implementation Rating
Discontinued Products
No answers on this topic
Sage
The clients' business owner worked with Sage on implementation before I began working for them. After consultation with them it is clear the process was quickly performed and without complication. The key takeaway was that Sage is seen as a partner to the business. That said, it was always necessary to engage with an accountant such as myself to extract the best out of the software.
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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.
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Sage
Sage was just easier for me to use and more familiar for my staff, who had some experience with enterprise versions of Sage in the past. It became a no-brainer when I made the final decision about which package to go with.
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Contract Terms and Pricing Model
Discontinued Products
No answers on this topic
Sage
The pricing structure is fair and offers good value for money. The billing is done through their online system and you can access your bills at any time. Most contacts only require 30 days' notice, so no need to feel tied in, although I can't imagine why you would want to leave Sage.
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Scalability
Discontinued Products
No answers on this topic
Sage
You can use Sage in your company for various aspects/positions such as bookkeepers, invoicing clerks, accountant, purchasing etc. Everyone can have their own user login and permissions can be set that specific people can do specific jobs without being able to access other peoples progress or accounts of the company.
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Professional Services
Discontinued Products
No answers on this topic
Sage
Sage has always been extremely professional, and they continue to be professional in their dealings with me.
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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.
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Sage
  • Sage One has allowed us to provided better customer service to all our clients. It has allowed us to provide a reasonable price accounting product to our customer who typically just have handwritten invoices, or Excel spreadsheets.
  • Sage One has reduced the manual data entry that my team does on a monthly basis, which in turn allows us to have more time for our customers.
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ScreenShots

Sage Accounting Screenshots

Screenshot of the All-in-One DashboardScreenshot of the Accounting DashboardScreenshot of an Invoicing Quote EstimateScreenshot of the Purchases TrackerScreenshot of Stock InventoryScreenshot of a VAT Returns List