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Financial Edge, Use It!
December 21, 2018

Financial Edge, Use It!

Stephanie Ulmer | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Financial Edge

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.
  • 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.
  • We have been able to more effectively track utilization of budgets
  • Scholarship management has more than tripled over a five year period
More customizable and able to utilize more features
Financial edge is great for tracking revenue and expenses for specific donor-designated gifts. It is easy to create projects for each designation that allows for tracking and reporting. I would like to see some expansion in reporting based on projects. We currently have built custom reports for reporting to our end-users and donors on project balances.

Financial Edge Feature Ratings

8.0
Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
8
Expense management
8
Fixed asset management
8
Multi-currency support
8
Multi-division support
8
Regulations compliance
8
Electronic tax filing
8
Self-service portal
8
Global Financial Support
8
Primary and Secondary Ledgers
8
Intercompany Accounting
8
Localizations
8
Journals and Reconciliations
8
Enterprise Accounting
8
Configurable Accounting
8
Centralized Rules Framework
8
Standardized Processes
8
8.0
Location management
8
8.0
Pricing
8
Order entry
8
Credit card processing
8
Cost of goods sold
8
Order Orchestration
8
End-to-end order visibility
8
Order exception Resolution
8
8.0
Pay calculation
8
Direct deposit files
8
Salary revision and increment management
8
Reimbursement management
8
8.0
Dashboards
8
Standard reports
8
Custom reports
8
8.0
API for custom integration
8
Plug-ins
8
8.5
Role-based user permissions
9
Single sign-on capability
8