TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    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

    Sage HRMS

    Score9.8 out of 10
    N/ASage HRMS is an HR management solution that integrates payroll, benefits, recruiting, employee self-service, and analytics capabilities.N/A
    Pricing
    Financial Edge (legacy)Sage HRMS
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Financial Edge (legacy)Sage HRMS
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Financial Edge (legacy)Sage HRMS
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    Sage HRMS
    4.8
    7 Ratings
    52% below category average
    Pay calculation1.03 Ratings6.17 Ratings
    Benefit plan administration1.02 Ratings2.16 Ratings
    Direct deposit files1.02 Ratings8.07 Ratings
    Salary revision and increment management1.03 Ratings3.06 Ratings
    Reimbursement management1.04 Ratings3.27 Ratings
    Support for external payroll vendors00 Ratings4.04 Ratings
    Off-cycle/On-Demand payment00 Ratings6.92 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    Sage HRMS
    -
    Ratings
    API for custom integration1.05 Ratings00 Ratings
    Plug-ins1.07 Ratings00 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    Sage HRMS
    -
    Ratings
    Single sign-on capability1.06 Ratings00 Ratings
    Role-based user permissions1.09 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    Sage HRMS
    -
    Ratings
    Dashboards1.09 Ratings00 Ratings
    Standard reports1.09 Ratings00 Ratings
    Custom reports1.09 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    Sage HRMS
    -
    Ratings
    Accounts payable1.09 Ratings00 Ratings
    Accounts receivable1.07 Ratings00 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 Ratings00 Ratings
    Primary and Secondary Ledgers1.08 Ratings00 Ratings
    Intercompany Accounting1.08 Ratings00 Ratings
    Localizations1.05 Ratings00 Ratings
    Journals and Reconciliations1.08 Ratings00 Ratings
    Enterprise Accounting1.06 Ratings00 Ratings
    Configurable Accounting1.07 Ratings00 Ratings
    Centralized Rules Framework1.06 Ratings00 Ratings
    Standardized Processes1.07 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    Sage HRMS
    -
    Ratings
    Inventory tracking1.02 Ratings00 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 Sage HRMS
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    Sage HRMS
    -
    Ratings
    Pricing1.02 Ratings00 Ratings
    Order entry1.02 Ratings00 Ratings
    Credit card processing1.02 Ratings00 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
    Human Resource Management
    Comparison of Human Resource Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    5.5
    9 Ratings
    39% below category average
    Employee demographic data00 Ratings8.08 Ratings
    Employment history00 Ratings8.09 Ratings
    Job profiles and administration00 Ratings1.39 Ratings
    Workflow for transfers, promotions, pay raises, etc.00 Ratings7.99 Ratings
    Organizational charting00 Ratings6.04 Ratings
    Organization and location management00 Ratings6.06 Ratings
    Compliance data (COBRA, OSHA, etc.)00 Ratings1.27 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    1.2
    7 Ratings
    149% below category average
    Approval workflow00 Ratings1.26 Ratings
    Balance details00 Ratings1.27 Ratings
    Annual carry-forward and encashment00 Ratings1.06 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    3.9
    8 Ratings
    72% below category average
    View and generate pay and benefit information00 Ratings4.18 Ratings
    Update personal information00 Ratings4.27 Ratings
    View company policy documentation00 Ratings1.16 Ratings
    Employee recognition00 Ratings6.04 Ratings
    View job history00 Ratings4.05 Ratings
    Asset Management
    Comparison of Asset Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    7.0
    2 Ratings
    14% below category average
    Tracking of all physical assets00 Ratings7.02 Ratings
    HR Reporting
    Comparison of HR Reporting features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    3.7
    8 Ratings
    69% below category average
    Report builder00 Ratings2.07 Ratings
    Pre-built reports00 Ratings1.28 Ratings
    Ability to combine HR data with external data00 Ratings8.06 Ratings
    Onboarding
    Comparison of Onboarding features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    7.0
    4 Ratings
    14% below category average
    New hire portal00 Ratings7.04 Ratings
    Manager tracking tools00 Ratings7.03 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    7.3
    2 Ratings
    11% below category average
    Corporate goal setting00 Ratings8.01 Ratings
    Individual goal setting00 Ratings7.02 Ratings
    Line-of sight-visibility00 Ratings8.01 Ratings
    Performance tracking00 Ratings6.02 Ratings
    Performance Management
    Comparison of Performance Management features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    7.8
    5 Ratings
    2% below category average
    Performance plans00 Ratings9.03 Ratings
    Performance improvement plans00 Ratings8.03 Ratings
    Review status tracking00 Ratings7.03 Ratings
    Review reminders00 Ratings8.04 Ratings
    Multiple review frequency00 Ratings7.03 Ratings
    Succession Planning
    Comparison of Succession Planning features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    8.5
    1 Ratings
    7% above category average
    Create succession plans/pools00 Ratings9.01 Ratings
    Candidate ranking00 Ratings8.01 Ratings
    Candidate search00 Ratings8.01 Ratings
    Candidate development00 Ratings9.01 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of Financial Edge (legacy) and Sage HRMS
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Sage HRMS
    7.6
    3 Ratings
    4% below category average
    Job Requisition Management00 Ratings5.02 Ratings
    Company Website Posting00 Ratings7.23 Ratings
    Publish to Social Media00 Ratings9.01 Ratings
    Job Search Site Posting00 Ratings7.01 Ratings
    Duplicate Candidate Prevention00 Ratings8.01 Ratings
    Applicant Tracking00 Ratings8.02 Ratings
    Notifications and Alerts00 Ratings9.01 Ratings
    Best Alternatives
    Financial Edge (legacy)Sage HRMS
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    UZIO
    Score9.4 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Zoho People
    Score8.6 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    PeopleStrong
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)Sage HRMS
    Likelihood to Recommend
    1.0
    (10 ratings)
    1.2
    (10 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.0
    (1 ratings)
    Usability
    2.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    1.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Financial Edge (legacy)Sage HRMS
    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
    Read full review
    Sage
    Sage HRMS is a software that fits in all organizations whether small or large and this makes it the most suitable HR solution as it will help you manage your workforce even if it may appear small. The software has analytics and reporting tools that are applicable in performance management where you will use them in assessing the productivity of your employees and plan on how to improve further as a workforce. It further helps in employee on-boarding, payroll management, and talent management
    Incentivized
    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.
    Incentivized
    Read full review
    Sage
    • Ability to see history (like job history) easily at a glance.
    • Ability to make changes easily.
    • Organizing info in the employee record.
    Incentivized
    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
    • We changed our chart of accounts. The system does not allow you to change the numbering format, so we had to start over with new databases.
    • The tax return portion of the software does not file local taxes. We would definitely like to see this functionality in the future.
    • The payroll piece does not handle complicated move up and move downs for union pay. This could definitely be improved upon.
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Sage
    I do not work with this software anymore, and I am not involved with the renewal of it. However, if I were, I would still suggest using it unless something better was introduced
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Sage
    No answers on this topic
    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
    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
    Read full review
    Sage
    Sage HRMS was very cost effective for a non-profit. It does all that we needed as a company and more. It also allows us to handle payroll ourselves instead of outsourcing [it].
    Incentivized
    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.
    Incentivized
    Read full review
    Sage
    • there can be a high ROI when processing payroll in house compared to outsourced. Not to mention the flexibility you gain.
    Incentivized
    Read full review
    ScreenShots