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    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

    Slack

    Score9 out of 10
    N/ASlack is a group messaging or team collaboration app that aims to simplify communication for businesses. Features include open discussions, private groups, and direct messaging, as well as deep contextual search and message archiving, and file sharing. Slack integrates with a number of other tools, such as MailChimp, Dropbox, and Google Drive. Slack was acquired by Salesforce in December 2020. The product is free to use, and also has paid plans with more features and greater controls. The…

    $8.75

    per month per user

    Pricing
    Financial Edge (legacy)Slack
    Editions & Modules
    No answers on this topic
    Free
    $0
    Pro
    $7.25*
    per month per user
    Business+
    $12.50*
    per month per user
    Enterprise
    Contact Sales
    Offerings
    Pricing Offerings
    Financial Edge (legacy)Slack
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details*Per active user, per month, when paying once a year. Pro is $8.75 USD per active user when paying month to month. Business+ is $15.00 USD per active user when paying month to month.
    More Pricing Information
    Community Pulse
    Financial Edge (legacy)Slack
    Considered Both Products
    Discontinued Products
    No answer on this topic
    Salesforce
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    97%
    Would buy again
    503 Answers
    Delivers good value for the price
    No answers on this topic
    99%
    Delivers good value for the price
    426 Answers
    Happy with the feature set
    No answers on this topic
    98%
    Happy with the feature set
    510 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    98%
    Lived up to sales and marketing promises
    295 Answers
    Implementation went as expected
    No answers on this topic
    99%
    Implementation went as expected
    330 Answers
    Features
    Financial Edge (legacy)Slack
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    153% below category average
    Slack
    -
    Ratings
    Pay calculation1.03 Ratings00 Ratings
    Benefit plan administration1.02 Ratings00 Ratings
    Direct deposit files1.02 Ratings00 Ratings
    Salary revision and increment management1.03 Ratings00 Ratings
    Reimbursement management1.04 Ratings00 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    153% below category average
    Slack
    -
    Ratings
    API for custom integration1.05 Ratings00 Ratings
    Plug-ins1.07 Ratings00 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    156% below category average
    Slack
    -
    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 Slack
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    Slack
    -
    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 Slack
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    Slack
    -
    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 Slack
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    Slack
    -
    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 Slack
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    152% below category average
    Slack
    -
    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
    Project Management
    Comparison of Project Management features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Slack
    7.9
    628 Ratings
    2% above category average
    Task Management00 Ratings7.6430 Ratings
    Gantt Charts00 Ratings6.961 Ratings
    Scheduling00 Ratings7.8363 Ratings
    Workflow Automation00 Ratings8.0396 Ratings
    Mobile Access00 Ratings9.4601 Ratings
    Search00 Ratings8.2608 Ratings
    Visual planning tools00 Ratings7.3275 Ratings
    Communication
    Comparison of Communication features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Slack
    8.7
    636 Ratings
    8% above category average
    Chat00 Ratings9.6635 Ratings
    Notifications00 Ratings8.8632 Ratings
    Discussions00 Ratings9.2620 Ratings
    Surveys00 Ratings8.1413 Ratings
    Internal knowledgebase00 Ratings7.8412 Ratings
    Integrates with GoToMeeting00 Ratings8.9110 Ratings
    Integrates with Gmail and Google Hangouts00 Ratings8.7182 Ratings
    Integrates with Outlook00 Ratings8.9120 Ratings
    File Sharing & Management
    Comparison of File Sharing & Management features of Financial Edge (legacy) and Slack
    Feature
    Financial Edge (legacy)
    -
    Ratings
    Slack
    8.4
    603 Ratings
    4% above category average
    Versioning00 Ratings8.2326 Ratings
    Video files00 Ratings8.2541 Ratings
    Audio files00 Ratings8.4527 Ratings
    Document collaboration00 Ratings7.9429 Ratings
    Access control00 Ratings8.3411 Ratings
    Advanced security features00 Ratings8.3362 Ratings
    Integrates with Google Drive00 Ratings9.0211 Ratings
    Device sync00 Ratings9.0455 Ratings
    Best Alternatives
    Financial Edge (legacy)Slack
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    Flock
    Score9.5 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Troop Messenger
    Score9.8 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.3 out of 10
    Cisco Business Edition 7000 (discontinued)
    Score9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)Slack
    Likelihood to Recommend
    1.0
    (10 ratings)
    9.1
    (639 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    10.0
    (25 ratings)
    Usability
    2.0
    (1 ratings)
    9.0
    (255 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (2 ratings)
    Performance
    -
    (0 ratings)
    10.0
    (2 ratings)
    Support Rating
    1.0
    (1 ratings)
    10.0
    (68 ratings)
    Implementation Rating
    -
    (0 ratings)
    8.8
    (5 ratings)
    Configurability
    -
    (0 ratings)
    10.0
    (2 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    10.0
    (1 ratings)
    Ease of integration
    -
    (0 ratings)
    9.7
    (2 ratings)
    Product Scalability
    -
    (0 ratings)
    10.0
    (1 ratings)
    Professional Services
    -
    (0 ratings)
    10.0
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    10.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Financial Edge (legacy)Slack
    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
    Salesforce
    Slack is ideal for Scrum and agile teams that need continuous communication during sprint planning, daily stand-ups, backlog refinement, testing, and retrospectives. Slack is well-suited for maintaining team knowledge through searchable conversations and dedicated channels, where experienced team members help onboard new QA analysts.
    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
    Salesforce
    • Customer issues: Threads feature allows us to group a particular issue in a single thread and discuss within that thread. I can use the thread link to embed in JIRA ticket for tracking progress in JIRA (which is our details engineering tracking system).
    • Ability to add folder to Slack channel helps keep important information, documents easily accessible. e.g., we use this to keep a "ramp up" folder that can be used by any new joiner.
    • Global search is effective when I forget which group a particular message was in.
    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
    Salesforce
    • Would love a better integration with GitHub. For example, notifications when your PR is updated, when review is requested, @-mention in comments, etc.
    • Improved "Later" tab, for example the ability to create to-do lists or making the "Later" tab into a more powerful to-do list (annotate items with notes)
    • More powerful integrations, e.g. Google Calendar could render a calendar view within Slack, rather than sending the daily schedule
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Salesforce
    To be more transparent, I give 10 because Slack serves our collaboration needs. It provide us a good platform for team communication relaying important update within the company, it has even mobile app where you can install in your phone to monitor any updates within that team that needs your immediate attention and intervention.
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Salesforce
    Slack has good usability. Devs that are not familiar with the platform are able to jump into conversations and start sharing code and links within just minutes. Non developers are also able to understand the layout such as the Project Managers that are keeping the projects on track. We have not seen any tickets where employees are having trouble understanding Slack.
    Incentivized
    Read full review
    Reliability and Availability
    Discontinued Products
    No answers on this topic
    Salesforce
    Yes, the app works 24/7. I don't even recall having any period that we could not use since the implementation. Even the maintenance periods are barely noticeable and our work is not impacted by it when it happens.
    Incentivized
    Read full review
    Performance
    Discontinued Products
    No answers on this topic
    Salesforce
    Slack is a soft app, we don't have many issues with it. I recall one or two people complaining about something during our usage period, but I didn't have a bad experience. When the app is slow, usually the problem is with my computer or my internet. The app works just fine.
    Incentivized
    Read full review
    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
    Salesforce
    Whenever I've had to troubleshoot an issue with Slack (which, to be honest, has not happened very often), their online documentation has been easy to locate, easy to understand, and effective in resolving my issue. Slack's ever-growing popularity also means that there's a large community of practice out there that can be depended upon.
    Incentivized
    Read full review
    Implementation Rating
    Discontinued Products
    No answers on this topic
    Salesforce
    I was not part of the implementation team, but I recall being 100% happy and excited to learn and use a new tool. I'm still am to be honest.
    Incentivized
    Read full review
    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
    Salesforce
    I like Slack better than ClickUp, because I would spend 30-60 minutes a day updating my ClickUp tasks. The way ClickUp was used was very micromanaging. I billed by the hour, so I was willing to put in the time to alert the boss what tasks I was working on.
    One of my jobs used Hive - I mostly just ran it in the background in case anyone messaged me. I did not use it often.
    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
    Salesforce
    • Slack has been incredibly helpful in connecting various tech apps and ecosystems, creating a more streamlined and responsive process.
    • Slack has made it significantly easier to communicate with our team members across multiple time zones, creating a more engaging environment for our all-remote team.
    Incentivized
    Read full review
    ScreenShots