Financial Edge - Stable, traditional, but not forward thinking
February 18, 2020

Financial Edge - Stable, traditional, but not forward thinking

William (Bill) Sanders, CPA | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Financial Edge

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.

Pros

  • Stable Platform
  • Understandable to our users

Cons

  • The dashboard is not robust.
  • The online version (FE NXT) seems to operate slow to often.
  • Positive - Data security, system stability, and user understandably
  • Positive - Great at looking backwards (traditional CFO)
Financial Edge and Altru work well together when it comes to integration.
  • 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).

Financial Edge (legacy) Feature Ratings

8.1
Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
7
Expense management
9
Time tracking
8
Fixed asset management
8
Multi-currency support
Not Rated
Multi-division support
8
Regulations compliance
8
Electronic tax filing
Not Rated
Self-service portal
7
Global Financial Support
Not Rated
Primary and Secondary Ledgers
8
Intercompany Accounting
8
Localizations
Not Rated
Journals and Reconciliations
8
Enterprise Accounting
8
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
9
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
9.0
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
9
6.3
Dashboards
1
Standard reports
9
Custom reports
9
8.0
API for custom integration
8
Plug-ins
8
10.0
Role-based user permissions
10
Single sign-on capability
10

Comments

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