Financial Edge vs. Sage Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge
Score 6.0 out of 10
N/A
N/AN/A
Sage Accounting
Score 7.7 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.
$10
per month
Pricing
Financial EdgeSage Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Financial EdgeSage Accounting
Free Trial
NoNo
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsVersions and pricing listed are for US products. Versions available and pricing may vary by country.
More Pricing Information
Community Pulse
Financial EdgeSage Accounting
Considered Both Products
Financial Edge

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 EdgeSage Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge
1.0
4 Ratings
153% below category average
Sage Accounting
9.1
14 Ratings
20% above category average
Pay calculation1.03 Ratings9.212 Ratings
Benefit plan administration1.02 Ratings9.18 Ratings
Direct deposit files1.02 Ratings9.19 Ratings
Salary revision and increment management1.03 Ratings9.18 Ratings
Reimbursement management1.04 Ratings9.19 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge
1.0
7 Ratings
150% below category average
Sage Accounting
8.3
17 Ratings
16% above category average
API for custom integration1.05 Ratings9.814 Ratings
Plug-ins1.07 Ratings6.813 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge
1.0
9 Ratings
155% below category average
Sage Accounting
9.0
34 Ratings
12% above category average
Single sign-on capability1.06 Ratings8.624 Ratings
Role-based user permissions1.09 Ratings9.331 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge
1.0
9 Ratings
153% below category average
Sage Accounting
6.5
36 Ratings
15% below category average
Dashboards1.09 Ratings1.933 Ratings
Standard reports1.09 Ratings8.836 Ratings
Custom reports1.09 Ratings8.827 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Financial Edge
1.0
10 Ratings
152% below category average
Sage Accounting
7.8
39 Ratings
5% above category average
Accounts payable1.09 Ratings9.435 Ratings
Accounts receivable1.07 Ratings9.437 Ratings
Cash management1.09 Ratings9.331 Ratings
Bank reconciliation1.010 Ratings9.336 Ratings
Expense management1.08 Ratings9.829 Ratings
Time tracking1.04 Ratings6.89 Ratings
Fixed asset management1.08 Ratings2.523 Ratings
Multi-currency support1.05 Ratings7.214 Ratings
Multi-division support1.06 Ratings4.013 Ratings
Regulations compliance1.07 Ratings8.422 Ratings
Electronic tax filing1.04 Ratings8.819 Ratings
Self-service portal1.07 Ratings8.622 Ratings
Global Financial Support1.06 Ratings8.27 Ratings
Primary and Secondary Ledgers1.08 Ratings8.110 Ratings
Intercompany Accounting1.08 Ratings6.98 Ratings
Localizations1.05 Ratings7.87 Ratings
Journals and Reconciliations1.08 Ratings8.425 Ratings
Enterprise Accounting1.06 Ratings8.39 Ratings
Configurable Accounting1.07 Ratings8.013 Ratings
Centralized Rules Framework1.06 Ratings7.66 Ratings
Standardized Processes1.07 Ratings8.113 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge
1.0
3 Ratings
150% below category average
Sage Accounting
8.1
14 Ratings
14% above category average
Inventory tracking1.02 Ratings6.214 Ratings
Automatic reordering1.02 Ratings9.15 Ratings
Location management1.03 Ratings8.26 Ratings
Manufacturing module1.02 Ratings9.04 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge
1.0
2 Ratings
152% below category average
Sage Accounting
6.7
22 Ratings
10% below category average
Pricing1.02 Ratings8.713 Ratings
Order entry1.02 Ratings7.710 Ratings
Credit card processing1.02 Ratings7.814 Ratings
Cost of goods sold1.02 Ratings6.817 Ratings
Order Orchestration1.02 Ratings4.14 Ratings
End-to-end order visibility1.02 Ratings7.05 Ratings
Order exception Resolution1.02 Ratings5.04 Ratings
Best Alternatives
Financial EdgeSage Accounting
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial EdgeSage Accounting
Likelihood to Recommend
1.0
(10 ratings)
9.6
(45 ratings)
Likelihood to Renew
-
(0 ratings)
9.4
(4 ratings)
Usability
2.0
(1 ratings)
9.4
(16 ratings)
Availability
-
(0 ratings)
8.4
(2 ratings)
Performance
-
(0 ratings)
10.0
(2 ratings)
Support Rating
1.0
(1 ratings)
9.4
(16 ratings)
In-Person Training
-
(0 ratings)
10.0
(1 ratings)
Online Training
-
(0 ratings)
10.0
(2 ratings)
Implementation Rating
-
(0 ratings)
9.4
(3 ratings)
Configurability
-
(0 ratings)
9.2
(2 ratings)
Contract Terms and Pricing Model
-
(0 ratings)
10.0
(1 ratings)
Ease of integration
-
(0 ratings)
10.0
(1 ratings)
Product Scalability
-
(0 ratings)
7.2
(2 ratings)
Professional Services
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
9.6
(2 ratings)
Vendor pre-sale
-
(0 ratings)
9.6
(2 ratings)
User Testimonials
Financial EdgeSage Accounting
Likelihood to Recommend
Blackbaud
  • 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
VAT returns are so simple to do. Just a click of a button and it produces a report for the period in concern. Submitting the return is then just a single click. The only thing I wish it would do is remind me when my VAT submissions are coming up so that I can avoid penalties.
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Pros
Blackbaud
  • 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
  • Traceability - where you are spending. I started with a spreadsheet which had a column for 'electronics & computing' this captured everything from monthly software subscriptions to hardware and from light bulbs to dash cams. Sage has helped me streamline the spending.
  • MTD - I am MTD compliant, although I do not need to be as my accountant is and they complete my HMRC submissions. It does mean that I have a contingency plan if I have to change this service.
  • Debtor's - It is easy to be a busy fool and not realise that accounts are overdue. For a small business, the restriction in cash flow due to late paying clients is a killer. The dashboard feature helps with this.
Read full review
Cons
Blackbaud
  • 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
Blackbaud
No answers on this topic
Sage
I could not live without Sage Accounting, it has become an integral part of my everyday. The more I have used Sage Accounting the more I have fallen in love with it. I am excited to be part of this ever-evolving accounting system that has grown from strength to strength, making life easier is something Sage does so well.
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Usability
Blackbaud
It's user friendly, when it wants to be.
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Sage
Sage Accounting is built for the business owner/user and not the accountant, it therefore guides the user and thus detailed accounting knowledge and experience is not a necessarily a prerequisite . It offers a monthly price and therefore no significant up front spend and it tailorable to your business with useful dashboards that again you can tailor to instantly see what's important to you.
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Reliability and Availability
Blackbaud
No answers on this topic
Sage
Sage Accounting availability is generally very good. They post messages which appear on users screen time to time, highlighting where functionality in a particular area is undergoing maintenance. More often than not, maintenance is completed in a timescale quicker than initially estimated by Sage. Where significant maintenance is required, Sage usually perform it overnight.
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Performance
Blackbaud
No answers on this topic
Sage
Sage Accounting work quickly and performs well, I have never had an issue with it running slow. It integrates with other software swiftly, so no waiting for the screen to load. Error messages are only something I have had when I have done something wrong.
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Support Rating
Blackbaud
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
The support is world class - never ever during 30 plus years in business I have received such helpful, knowledgeable and genuine support as I have from Sage. At Sage people matter and i can chat to someone safe in the knowledge that they will actually listen and assist. This also backed up by huge online portfolio of help and resources
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In-Person Training
Blackbaud
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
Blackbaud
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
Blackbaud
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
Blackbaud
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 Accounting is a simpler, more streamlined version of the more complex Sage 50cloud Accounting. For a small, simpler company Sage Accounting is a much more cost-effective option. There are a few features that Sage 50cloud Accounting has that Sage Accounting does not have (such as making e-payments and a few reports are unavailable) but it is still a very good product.
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Contract Terms and Pricing Model
Blackbaud
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
Blackbaud
No answers on this topic
Sage
I do not consider Sage Accounting to be Sage's best product for scaling up business as its functionality for doing so is limited. Sage 50 Accounts or Sage Intaact are far more suited for this. I would evaluate very carefully the possible need in the future for scalability in the first instance before selecting software.
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Professional Services
Blackbaud
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
Blackbaud
  • 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.
Read full review
ScreenShots

Sage Accounting Screenshots

Screenshot of The financial dashboard, with business insightsScreenshot of View of paid and unpaid invoicesScreenshot of Invoice designer, to add a logo, company info, and terms