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TrustRadius
Financial Edge

Financial Edge

Overview

Recent Reviews

Do Not Recommend

1 out of 10
January 05, 2023
I use Financial Edge daily. As the Accounts Manager, I create invoices, manage monthly recurring statements, processing reimbursements, …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 44 features
  • Bank reconciliation (10)
    1.0
    10%
  • Role-based user permissions (9)
    1.0
    10%
  • Standard reports (9)
    1.0
    10%
  • Dashboards (9)
    1.0
    10%
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Pricing

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N/A
Unavailable

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Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

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Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

What is Xero?

Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features…

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Product Demos

How to Install The Financial Edge, The Education Edge and Student Information System

YouTube
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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

1
Avg 7.5

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

1
Avg 7.0

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

1
Avg 7.9

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

1
Avg 7.6

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

1
Avg 7.4

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

1
Avg 7.0

Order Management

The ability to process orders, and track them from quote to cash.

1
Avg 7.4
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Product Details

What is Financial Edge?

Financial Edge Video

Introduction to The Financial Edge

Financial Edge Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(34)

Attribute Ratings

Reviews

(1-10 of 10)
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January 05, 2023

Do Not Recommend

Score 1 out of 10
Vetted Review
Verified User
I use Financial Edge daily. As the Accounts Manager, I create invoices, manage monthly recurring statements, processing reimbursements, you name it. Everything Receivable and Payable is my territory.

I have to say, Financial Edge is a joke. Their website is constantly "under maintenance", and until it's done, the website is frozen.
They have this plug-in, essentially, called the Database View, which is used for reporting and posting things. It looks exactly like Windows 98 did, and I've never seen it in a state that's not buffering.
The most frustrating part is to create monthly recurring statements, we have to use what is called the Crystal Report. This generates all the data we've input for the year, and it puts the data in a template that we can then print and mail out. It was acting crazy one day so I contacted customer support, and they told me that they're not offering support for it anymore. Meaning, they carry and advertise this part of their software, but when it doesn't work properly and you lose data, it's not their fault. Okay bro.
Wendy Johnson | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
Incentivized
Financial Edge is the premier nonprofit software I have worked with. It allows for deep segmenting and analysis of expenses as well as grant management. If an organization has two or more grants, I highly recommend Financial Edge to them. One of the better features is dashboards that allow department or team managers to quickly review their budgets and expenses at a glance without burdening the accounting team.
William (Bill) Sanders, CPA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Our accounting team uses Financial Edge daily. Our senior management across departments accesses reports directly on a bi-weekly basis. We import Altru general ledger entries into Financial Edge. It addresses our accounting, internal controls, and business needs.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Financial Edge is primarily utilized by our Development Office for planning and tracking of fundraising, philanthropic gifts, and event planning. As a non-profit organization, Financial Edge is useful in recording the financial success of fundraising activities, and overall donations (monetary and otherwise) provided on a monthly and annual basis. Reporting, tracking, and expenses are also managed in FE.
December 21, 2018

Financial Edge, Use It!

Stephanie Ulmer | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Financial edge is used as the financial, accounting software for my organization. It is also used for subsidiary corporations. We are able to track debits and credits, provide balances for departments across the university campus, examine budgeting scenarios and reporting. We utilize a number of candid reports but also have built a number of custom reports.
Sunny Reed | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Financial Edge in our business department to serve the accounting and finance needs of our organization. We utilize the General ledger, Accounts Payable, and Fixed Asset Modules. Since our organization has two entities, Financial Edge enables us to manage the finances of both business entities within one system and we are able to house reports and other information in one location. This makes it easy for us to retrieve information requested from our department and enables all users of the system to pull reports in the event someone is out of the office, making our processes more timely and efficient.
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