Financial Edge NXT
Michael Downs | TrustRadius Reviewer
Updated January 25, 2018

Financial Edge NXT

Score 7 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Financial Edge NXT

FE NXT is being used by our accounting department as we try to migrate off of the client-server version to a SaaS environment. [It's being used by the] accounting department and some in IT with dashboards. NXT helps us eliminate using a Citrix environment for some of the FE use.
  • Dashboards are easy to create and look professional.
  • Learning curve from the client-server version of Financial Edge was minimal.
  • Missing functionality, needs missing modules from the client server version or the DB view.
  • Ability to edit users within NXT.
  • Ability for staff to work remotely without the use of Citrix.
  • Moving to a SaaS environment for our core applications.
  • Operational efficiency
  • Reduced annual audit cost
  • Improved data accuracy
  • Reduced IT expenditure due to cloud deployment
Updates are seamless. We're hoping to have auditors being able to login and audit remotely.
We have tried some of the other applications, Raiser's Edge. We're waiting for completed web development before investigating any further.
We were using the client server version of FE so the migration to NXT was an easy one. I believe we looked at QuickBooks at one point.
It is as advertised. It will be a solid product when all modules are added.

Financial Edge NXT Feature Ratings

Accounts payable
Cash management
Not Rated
Bank reconciliation
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Pay calculation
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Standard reports
Custom reports
API for custom integration
Role-based user permissions
Single sign-on capability

Using Financial Edge NXT

8 - AR, AP, Budgeting, reporting.
2 - IT with some accounting background.
  • Further expand dashboards
  • reporting

Evaluating Financial Edge NXT and Competitors

  • Prior Experience with the Product
  • Existing Relationship with the Vendor
Wait a little longer for development of the software

Financial Edge NXT Implementation

From an IT perspective, read up on the user setup integrated with the DB View
Change management was minimal

Financial Edge NXT Support

Quick, responsive. Keep us in the loop on where the case stands. Chat feature.
Quick Resolution
Knowledgeable team
Problems get solved
Kept well informed
No escalation required
Immediate help available
Support understands my problem
Quick Initial Response
We had an outage and a support rep would email me hourly on the status of the outage.

Using Financial Edge NXT

Still needs development to match the old client server version
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Feel confident using
Lots to learn
  • User Maintenance