Financial Edge vs. SAP S/4HANA Cloud

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge
Score 6.0 out of 10
N/A
N/AN/A
SAP S/4HANA Cloud
Score 8.4 out of 10
N/A
SAP S/4HANA Cloud is a modular cloud ERP software designed for every business need – powered by AI and analytics. SAP S/4HANA Cloud enables users to run mission-critical operations in real time from anywhere, introduce new business models in an industry, and expand globally. It can be deployed either on premise, in the cloud, or in a hybrid combination for quicker time-to-value.
$0
per month FUE users*
Pricing
Financial EdgeSAP S/4HANA Cloud
Editions & Modules
No answers on this topic
SAP S/4HANA Cloud
Custom Pricing
per month FUE users*
Offerings
Pricing Offerings
Financial EdgeSAP S/4HANA Cloud
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional Details* FUE = Full user equivalent, which allows flexible customer choice among: 1 Advanced user, 3 Core-users, or 30 self-service users per FUE. Minimum purchase is 35 FUEs.
More Pricing Information
Community Pulse
Financial EdgeSAP S/4HANA Cloud
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
Financial EdgeSAP S/4HANA Cloud
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge
1.0
4 Ratings
153% below category average
SAP S/4HANA Cloud
7.7
249 Ratings
7% above category average
Pay calculation1.03 Ratings7.4209 Ratings
Benefit plan administration1.02 Ratings7.3212 Ratings
Direct deposit files1.02 Ratings7.4210 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
1.0
7 Ratings
150% below category average
SAP S/4HANA Cloud
7.3
363 Ratings
1% above category average
API for custom integration1.05 Ratings7.3348 Ratings
Plug-ins1.07 Ratings7.2319 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge
1.0
9 Ratings
155% below category average
SAP S/4HANA Cloud
8.3
418 Ratings
2% above category average
Single sign-on capability1.06 Ratings8.5391 Ratings
Role-based user permissions1.09 Ratings8.0411 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge
1.0
9 Ratings
153% below category average
SAP S/4HANA Cloud
7.4
422 Ratings
6% above category average
Dashboards1.09 Ratings7.2392 Ratings
Standard reports1.09 Ratings7.6416 Ratings
Custom reports1.09 Ratings7.3389 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
SAP S/4HANA Cloud
8.3
417 Ratings
8% above category average
Accounts payable1.09 Ratings8.1415 Ratings
Accounts receivable1.07 Ratings8.0397 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 Product A and Product B
Financial Edge
1.0
3 Ratings
150% below category average
SAP S/4HANA Cloud
7.9
362 Ratings
1% above category average
Inventory tracking1.02 Ratings8.2353 Ratings
Automatic reordering1.02 Ratings7.8308 Ratings
Location management1.03 Ratings7.0297 Ratings
Manufacturing module1.02 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge
1.0
2 Ratings
152% below category average
SAP S/4HANA Cloud
8.0
378 Ratings
3% above category average
Pricing1.02 Ratings7.9358 Ratings
Order entry1.02 Ratings8.5367 Ratings
Credit card processing1.02 Ratings7.423 Ratings
Cost of goods sold1.02 Ratings8.1347 Ratings
Order Orchestration1.02 Ratings00 Ratings
End-to-end order visibility1.02 Ratings00 Ratings
Order exception Resolution1.02 Ratings00 Ratings
Best Alternatives
Financial EdgeSAP S/4HANA Cloud
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial EdgeSAP S/4HANA Cloud
Likelihood to Recommend
1.1
(10 ratings)
8.5
(479 ratings)
Likelihood to Renew
-
(0 ratings)
8.9
(9 ratings)
Usability
2.0
(1 ratings)
8.1
(372 ratings)
Availability
-
(0 ratings)
10.0
(2 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
1.0
(1 ratings)
8.4
(75 ratings)
Online Training
-
(0 ratings)
9.0
(1 ratings)
Implementation Rating
-
(0 ratings)
7.3
(4 ratings)
Configurability
-
(0 ratings)
8.0
(1 ratings)
Ease of integration
-
(0 ratings)
6.0
(1 ratings)
Product Scalability
-
(0 ratings)
10.0
(1 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
6.0
(1 ratings)
User Testimonials
Financial EdgeSAP S/4HANA Cloud
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
SAP
SAP S/4HANA Cloud leverages an in-memory database, allowing for real-time data processing and analytics. This enables organizations to make informed decisions based on up-to-the-minute information S/4HANA Cloud integrates various business modules, including finance, procurement, sales, manufacturing, and supply chain. This integration facilitates seamless data flow across different functional areas
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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.
Read full review
SAP
  • Complete production cycle, right from planning to final product manufacturing.
  • Keeping all documents in one place, with ability to upload important stuff against the particular entries.
  • Maintain trail of any changes made to data, validations at the right places and methodological working of each process
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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SAP
  • The complex integration we have with ERPs make it difficult to move or upgrade to SAP S4 HANA. Reimplementing all integrations and not impact business is a challenge
  • Requires a lot of tedious testing so that no role or function is impacted
  • Very time consuming to implement or upgrade. For large corporations it would take years to slowly migrate to S4HANA
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Likelihood to Renew
Blackbaud
No answers on this topic
SAP
The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
Read full review
Usability
Blackbaud
It's user friendly, when it wants to be.
Read full review
SAP
Modern User Interface:
The system features a contemporary and visually appealing interface, promoting a more engaging user experience.
Role-Based Access:
Users access role-specific dashboards and functionalities, ensuring a personalized experience tailored to their responsibilities.
Intuitive Navigation:
Streamlined menus and navigation paths contribute to an intuitive user experience, reducing the learning curve for new users.
Responsive Design:
The platform is designed to be responsive across various devices, allowing users to access information and perform tasks on desktops, tablets, or mobile devices
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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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SAP
The technical support received by the ITT design teams and OS implementation team has been very useful in ensuring that the SAP ERP is well-tailored to our company's specific needs and operations. This coupled with the training materials, business process maps, and concept demos (sand-box demos) makes adoption easy on end-users.
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Implementation Rating
Blackbaud
No answers on this topic
SAP
Implementation was as expected. We had minor issues with our Z* transactions, but nothing special. Some tables were extended and needed regeneration. Overall satisfactions is good.
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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.
Read full review
SAP
In our quest for an ERP solution, we evaluated alternatives such as Oracle ERP Cloud and Microsoft Dynamics 365. However, SAP S/4HANA Cloud's reputation for advanced analytics, scalability, and seamless integration with other SAP solutions made it the natural choice for our organization's digital journey.
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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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SAP
  • Cost Savings and Lower Total Cost of Ownership (TCO):
  • While the initial implementation costs might be significant, the centralized data management and automation features can lead to cost savings over time. This might be achieved through reduced manual labor, better inventory control, optimized procurement processes, and streamlined operations, resulting in a lower TCO.
  • Better Visibility and Compliance:
  • The system's ability to offer comprehensive data visibility can enhance compliance efforts, mitigating risks and ensuring adherence to regulatory requirements. This can lead to reduced fines or penalties related to non-compliance issues.
Read full review
ScreenShots

SAP S/4HANA Cloud Screenshots

Screenshot of the Order to Cash Dashboard - For the management of the order-to-cash process more efficiently across revenue streams and business models - including sales of physical and digital goods, services, subscriptions, projects, and bundles.Screenshot of Sales Management Overview - Helps ensure sales reps meet their goals with an overview of orders and key sales performance metrics, with status tracking for each order in real time for the early detection of potential issues.Screenshot of Purchasing Spend Dashboard - For weighing various aspects of purchasing spend through quick access to clear, complete, and real-time data, with less risk, and without opening different reports and transactions.Screenshot of Operational Supplier Evaluation - Provides a transparent overview of suppliers. Users can approve the most reliable vendors and get the right mix to serve business needs while reducing risk.Screenshot of Inventory Management - Provides visibility to manage supply chains, to mitigate risk, avoid unnecessary costs, maximize efficiency, and fulfill customer orders on time.Screenshot of Inventory Processing - Enables real-time supply chain visibility and provides meaningful metrics, with customizable dashboards and reports that display real-time inventory that track the status of inbound and outbound deliveries.