Financial Edge Reviews

22 Ratings
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Score 7.8 out of 101

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Reviews (1-6 of 6)

Stephanie Ulmer profile photo
December 21, 2018

Financial Edge, Use It!

Score 8 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • 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.
  • While the program is highly customizable, it would be helpful if there was more direction on best practices of how to set everything up.
  • Expand on reporting.
  • Ability to report on "open" years.
Read Stephanie Ulmer's full review
Wendy Johnson profile photo
November 29, 2018

Financial Edge Spoiled Me

Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Grant Management - nothing is more harrowing than grant reporting, and FE does it best. It allows for layered budgets and limitless division of expenses among grants, overhead, or other projects/programs.
  • Reporting - Most financial software tries to adapt for-profit accounting into a non-profit mode without addressing the unique needs of a nonprofit for reporting and auditing.
  • Multiple projects and/or cost centers within a budget and system - nothing is more challenging than trying to manage expenses over several cost centers and FE is a champ at allowing that complexity.
  • Not for "out of the box" users - Financial Edge is a great system, but implementation requires support or even an consultant. You want to make sure you have set it up correctly - not duplicating what you have always done, but in a way that makes the robust reporting in FE work for you.
  • Better exported reports - Reports exported to Excel always seem to have too many lines and columns as well as at least one column that is off one cell to the right. Not a huge issue, but it takes a little time to reformat.
Read Wendy Johnson's full review
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February 07, 2019

Easy as 123

Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • It is a quick and easy way to create purchase orders.
  • It is easy to look up vendors and purchases that have been made through them.
  • I do not have any complaints about its functionality.
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Score 7 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Financial Edge does a great job at pulling up reports in the general ledger.
  • Financial Edge is great if you have simple accounting needs.
  • Financial Edge makes entering A/P fairly easy.
  • Financial Edge should not allow for there to have multiple invoices with the same invoice number
  • Financial Edge should be more user-friendly when looking for information
  • Financial Edge should allow more options for financial reporting
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Sunny Reed profile photo
Score 10 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • F-9 Reporting is a great tool. We are able to build custom financials for our Finance Committees and Board of Directors and choose how we want to present information to these parties.
  • The AP Module is easy to use and has a "common sense" format.
  • The ability to reference various dates/periods in one journal entry is awesome!
  • In the list view of Journal Entries, it would be great if we could see the post date in addition to the date added.
  • Fixed Asset module is not set up for some unique scenarios (removing a previously "acquired asset" that was not necessarily disposed of, but place in FA in error).
  • Reporting within the FE application is not so great, so F-9 saves the day with respect to reporting.
Read Sunny Reed's full review
Petra Hall profile photo
Score 9 out of 10
Vetted Review
Verified User
Review Source

Pros and Cons

  • Data entry - detailed, but straightforward.
  • Query - very powerful and easy to use.
  • Overall, the interface looks like something from the early 90s. Users tend to fight the interface until they get used to doing their particular tasks. However, once they know how to make it work in one area, the interface is very similar across the program.
Read Petra Hall's full review

Financial Edge Scorecard Summary

Feature Scorecard Summary

Pay calculation (2)
9.0
Benefit plan administration (1)
7
Direct deposit files (1)
8
Salary revision and increment management (2)
7.5
Reimbursement management (2)
9.0
API for custom integration (2)
9.0
Plug-ins (3)
7.0
Single sign-on capability (2)
8.2
Role-based user permissions (5)
9.1
Dashboards (5)
8.2
Standard reports (5)
8.0
Custom reports (5)
8.7
Accounts payable (5)
8.4
Accounts receivable (4)
7.7
Cash management (5)
7.7
Bank reconciliation (6)
7.9
Expense management (5)
7.5
Time tracking (2)
5.6
Fixed asset management (4)
7.9
Multi-currency support (3)
7.6
Multi-division support (3)
8.0
Regulations compliance (4)
7.6
Electronic tax filing (2)
7.0
Self-service portal (4)
6.4
Global Financial Support (4)
7.1
Primary and Secondary Ledgers (4)
7.4
Intercompany Accounting (4)
7.7
Localizations (3)
8.0
Journals and Reconciliations (4)
8.1
Enterprise Accounting (3)
7.6
Configurable Accounting (4)
7.0
Centralized Rules Framework (3)
7.6
Standardized Processes (4)
7.6
Location management (1)
8
Pricing (1)
8
Order entry (1)
8
Credit card processing (1)
8
Cost of goods sold (1)
8
Order Orchestration (1)
8
End-to-end order visibility (1)
8
Order exception Resolution (1)
8

About Financial Edge

Financial Edge Technical Details

Operating Systems: Unspecified
Mobile Application:No