Non-profits profit from Financial Edge!
January 10, 2020

Non-profits profit from Financial Edge!

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Financial Edge

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.
  • Single-place to record all donations gifts to organization.
  • Tracking and follow up for philanthropic gifts and endowments is user-friendly.
  • Metrics in the reporting features could be enhanced to allow for cross-year/event comparisons.
  • It does not allow for single-sign-on from other platforms, requiring additional keystrokes for access/exit.
  • Financial Edge is great for management of diverse funding sources.
  • FE is best suited for mid-sized non-profit organizations.
  • GuideStar for Grant Applications (G4G)
Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
GuideStar for Grant Applications (G4G)
Financial Edge works well for small to medium-sized non-profit organizations. It allows for good data management of donations, gifts, endowments, and managing budgets for event planning. For larger organizations with more complex funding sources, FE does not provide advanced reporting features; albeit it is possible these were not included in our organization's particular subscription feature.

Financial Edge Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
10
Bank reconciliation
7
Expense management
8
Time tracking
Not Rated
Fixed asset management
7
Multi-currency support
8
Multi-division support
8
Regulations compliance
7
Electronic tax filing
7
Self-service portal
8
Global Financial Support
7
Primary and Secondary Ledgers
7
Intercompany Accounting
7
Localizations
8
Journals and Reconciliations
9
Enterprise Accounting
8
Configurable Accounting
7
Centralized Rules Framework
8
Standardized Processes
9
Inventory tracking
9
Automatic reordering
7
Location management
9
Manufacturing module
8
Dashboards
10
Standard reports
9
Custom reports
7
API for custom integration
8
Plug-ins
6
Role-based user permissions
9
Single sign-on capability
7