Financial Edge (legacy) vs. SAP Business One

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
SAP Business One
Score 8.3 out of 10
N/A
SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
per month
Pricing
Financial Edge (legacy)SAP Business One
Editions & Modules
No answers on this topic
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
Financial Edge (legacy)SAP Business One
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)SAP Business One
Features
Financial Edge (legacy)SAP Business One
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge (legacy)
1.0
4 Ratings
153% below category average
SAP Business One
9.9
12 Ratings
30% above category average
Pay calculation1.03 Ratings10.011 Ratings
Benefit plan administration1.02 Ratings10.09 Ratings
Direct deposit files1.02 Ratings9.510 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
SAP Business One
9.8
40 Ratings
28% above category average
API for custom integration1.05 Ratings9.738 Ratings
Plug-ins1.07 Ratings9.937 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
9 Ratings
156% below category average
SAP Business One
9.7
44 Ratings
15% above category average
Single sign-on capability1.06 Ratings9.636 Ratings
Role-based user permissions1.09 Ratings9.943 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
SAP Business One
8.8
45 Ratings
18% above category average
Dashboards1.09 Ratings8.640 Ratings
Standard reports1.09 Ratings9.145 Ratings
Custom reports1.09 Ratings8.941 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
SAP Business One
5.9
46 Ratings
26% below category average
Accounts payable1.09 Ratings9.746 Ratings
Accounts receivable1.07 Ratings9.945 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 Ratings9.328 Ratings
Primary and Secondary Ledgers1.08 Ratings8.831 Ratings
Intercompany Accounting1.08 Ratings00 Ratings
Localizations1.05 Ratings00 Ratings
Journals and Reconciliations1.08 Ratings9.638 Ratings
Enterprise Accounting1.06 Ratings00 Ratings
Configurable Accounting1.07 Ratings9.436 Ratings
Centralized Rules Framework1.06 Ratings00 Ratings
Standardized Processes1.07 Ratings9.641 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
SAP Business One
9.3
45 Ratings
16% above category average
Inventory tracking1.02 Ratings9.645 Ratings
Automatic reordering1.02 Ratings9.631 Ratings
Location management1.03 Ratings9.941 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
SAP Business One
7.8
43 Ratings
0% below category average
Pricing1.02 Ratings9.541 Ratings
Order entry1.02 Ratings9.743 Ratings
Credit card processing1.02 Ratings8.324 Ratings
Cost of goods sold1.02 Ratings9.442 Ratings
Order Orchestration1.02 Ratings9.833 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
SAP Business One
7.3
39 Ratings
2% below category average
Billing Management00 Ratings9.534 Ratings
Cash and Asset Management00 Ratings9.830 Ratings
Travel & Expense Management00 Ratings9.223 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings9.528 Ratings
Period Close00 Ratings9.535 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.0
19 Ratings
8% below category average
Budgeting and Forecasting00 Ratings7.017 Ratings
Project Costing00 Ratings7.016 Ratings
Cost Capture00 Ratings7.016 Ratings
Capital Project Management00 Ratings7.011 Ratings
Customer Contract Compliance00 Ratings7.014 Ratings
Project Revenue Recognition00 Ratings6.116 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.9
17 Ratings
23% above category average
Project Planning and Scheduling00 Ratings9.616 Ratings
Task Insight for Project Managers00 Ratings9.413 Ratings
Project Mobile Functionality00 Ratings8.112 Ratings
Definable Resource Pools00 Ratings9.010 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.4
16 Ratings
13% above category average
Award Lifecycle Management00 Ratings10.010 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.5
19 Ratings
19% above category average
Bids Analyzed and Compared00 Ratings9.612 Ratings
Contract Authoring00 Ratings10.013 Ratings
Contract Repository00 Ratings9.011 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.515 Ratings
Supplier Management00 Ratings9.514 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.5
11 Ratings
25% above category average
Risk Repository00 Ratings9.29 Ratings
Control Management00 Ratings8.910 Ratings
Control Efficiency Assessments00 Ratings8.99 Ratings
Issue Detection00 Ratings8.910 Ratings
Remediation and Certification00 Ratings10.07 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.9
25 Ratings
14% above category average
Transportation Planning and Optimization00 Ratings9.417 Ratings
Transportation Execution Management00 Ratings8.915 Ratings
Trade and Customs Management00 Ratings9.315 Ratings
Fulfillment Management00 Ratings8.618 Ratings
Warehouse Workforce Management00 Ratings9.016 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.7
21 Ratings
16% above category average
Production Process Design00 Ratings8.319 Ratings
Production Management00 Ratings10.019 Ratings
Configuration Management00 Ratings8.315 Ratings
Work Execution00 Ratings8.717 Ratings
Manufacturing Costs00 Ratings9.017 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.8
27 Ratings
8% above category average
Forecasting00 Ratings8.325 Ratings
Inventory Planning00 Ratings8.127 Ratings
Performance Monitoring00 Ratings7.921 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
9.5
19 Ratings
27% above category average
Proposal Management00 Ratings7.515 Ratings
Product Master Data Management00 Ratings9.117 Ratings
Best Alternatives
Financial Edge (legacy)SAP Business One
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.6 out of 10
Zoho One
Zoho One
Score 9.3 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
SAP Cloud ERP
SAP Cloud ERP
Score 8.6 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial Edge (legacy)SAP Business One
Likelihood to Recommend
1.0
(10 ratings)
8.5
(50 ratings)
Likelihood to Renew
-
(0 ratings)
4.6
(9 ratings)
Usability
2.0
(1 ratings)
8.7
(14 ratings)
Availability
-
(0 ratings)
9.0
(3 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
1.0
(1 ratings)
9.0
(11 ratings)
In-Person Training
-
(0 ratings)
7.7
(2 ratings)
Online Training
-
(0 ratings)
4.5
(2 ratings)
Implementation Rating
-
(0 ratings)
2.8
(24 ratings)
Ease of integration
-
(0 ratings)
9.0
(1 ratings)
Product Scalability
-
(0 ratings)
9.0
(2 ratings)
Vendor post-sale
-
(0 ratings)
8.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
Financial Edge (legacy)SAP Business One
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
SAP
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
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
SAP
  • SAP Business One is more suitable for small and medium scale enterprises
  • SAP Business One is : analytics, mobile technologies, cloud technologies
  • SAP Business One has exceptional performance in handling business functions such as purchasing and operations and customer relationship management
  • An important key features of SAP Business One is Reporting and Analytics.
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
SAP
  • Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
  • Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
  • Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
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Likelihood to Renew
Discontinued Products
No answers on this topic
SAP
As I said before, it is a first level tool, well developed, and with very strong development support, although the learning curve, its implementation, the cost-benefit ratio, the price and the user experience is not the most suitable for small and medium-sized companies. It is a company with extensive experience, market positioning, technical support and expanded use
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Usability
Discontinued Products
It's user friendly, when it wants to be.
Read full review
SAP
I would like to give 8 out of 10 rating for SAP Business One because SAP Business One is a good choice for the mostly used business management solutions for the small and medium-sized companies. SAP Business One can help in optimizing the existing business process and enables streamline business processes for the daily activities for all users across the entire organization. The importance realization of SAP Business One implementation is based on the selection of the good reputation partner and its approach for the entire implementation. SAP Business One is a user-friendly and easy to use Enterprise system that the organization can benefit its features and functionalities by utilizing it.
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Reliability and Availability
Discontinued Products
No answers on this topic
SAP
The SAP Business One software is up and running every time
you need it as it was planned. In more than 6 years that we have been
using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
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Performance
Discontinued Products
No answers on this topic
SAP
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
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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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SAP
I rate my experience with SAP Business One's support team as excellent (10). They are easy to contact and effortless to work with on any issue or concern. I like the support SAP provides for any of their products. SAP has a great backing and I would recommend them to any of my colleagues.
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In-Person Training
Discontinued Products
No answers on this topic
SAP
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
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Online Training
Discontinued Products
No answers on this topic
SAP
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
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Implementation Rating
Discontinued Products
No answers on this topic
SAP
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
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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
SAP
SAP provides the most robust solution, with modules available for all department managers and even options for customization according to the company's special needs. We especially used the Crystal reports options to provide reports for each module. Overall, even if it's not the least expensive option, it has the best value for money.
Read full review
Scalability
Discontinued Products
No answers on this topic
SAP
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there.
Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
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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.
Read full review
SAP
  • Employee efficiency has definitely increased with SAP Business One. This is attributed in a lot of ways to information visibility. Our employees are able to gather the data they need, quickly, and effectively.
  • Identifying inconsistencies in pricing has also been accomplished through use of reporting off individual tables. Previously, we weren't able to access our data in such a way as to enable us to write custom reports in-house.
  • We have also benefited greatly from having a single source of all business information. We utilize SAP Business One exclusively in-house. All documentation is attached to specific orders and Business Partners, as well as serialized equipment that has been sold.
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