Improvement
Anonymous | TrustRadius Reviewer
October 20, 2017

Improvement

Score 7 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Financial Edge NXT

Financial Edge is being used as our main Accounting system. We use it to reconcile accounts, enter A/P and A/R. General Journal entries and cash deposits are accounted for in our Accounting department.
  • Finding transactions with the searching engine is quite easy.
  • Ability to reconcile accounts easily.
  • Search for check #'s is not hard.
  • Entering invoices that have the same invoice number.
  • Allowing for two or more to enter an invoice and be able to make changes at the same time.
  • Fix bugs and screen freezing.
  • It has had a positive influence on our company due to the easy access for reporting for cash deposits and expense reports.
  • It has been a negative experience due to the non user-friend interface when pulling up reports.
  • It has been a negative experience running financial statements due to its lack of detail.
  • Better ability to report to funders and key stakeholders
  • Faster month-end process
I am not sure I our organization has benefited from this.
It is well suited for our small Accounting department. However, we don't use it to perform financial statements, since it does not give us detail as to where the numbers are coming from. We would like to have more detailed financial statements and be able to pull up the information as to where the numbers are coming from.

Financial Edge NXT Feature Ratings

Accounts payable
8
Accounts receivable
8
Cash management
8
Bank reconciliation
9
Expense management
10
Time tracking
8
Fixed asset management
9
Multi-currency support
8
Multi-division support
8
Regulations compliance
9
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Pricing
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
Dashboards
10
Standard reports
7
Custom reports
9
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated