Financial Edge (legacy)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Financial Edge (legacy)
Score 6.8 out of 10
N/A
A legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A
Pricing
Financial Edge (legacy)
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Financial Edge (legacy)
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Financial Edge (legacy)
Features
Financial Edge (legacy)
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
Pay calculation1.00 Ratings
Benefit plan administration1.00 Ratings
Direct deposit files1.00 Ratings
Salary revision and increment management1.00 Ratings
Reimbursement management1.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
API for custom integration1.00 Ratings
Plug-ins1.00 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
157% below category average
Single sign-on capability1.00 Ratings
Role-based user permissions1.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
155% below category average
Dashboards1.00 Ratings
Standard reports1.00 Ratings
Custom reports1.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
Accounts payable1.00 Ratings
Accounts receivable1.00 Ratings
Cash management1.00 Ratings
Bank reconciliation1.00 Ratings
Expense management1.00 Ratings
Time tracking1.00 Ratings
Fixed asset management1.00 Ratings
Multi-currency support1.00 Ratings
Multi-division support1.00 Ratings
Regulations compliance1.00 Ratings
Electronic tax filing1.00 Ratings
Self-service portal1.00 Ratings
Global Financial Support1.00 Ratings
Primary and Secondary Ledgers1.00 Ratings
Intercompany Accounting1.00 Ratings
Localizations1.00 Ratings
Journals and Reconciliations1.00 Ratings
Enterprise Accounting1.00 Ratings
Configurable Accounting1.00 Ratings
Centralized Rules Framework1.00 Ratings
Standardized Processes1.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
152% below category average
Inventory tracking1.00 Ratings
Automatic reordering1.00 Ratings
Location management1.00 Ratings
Manufacturing module1.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
Pricing1.00 Ratings
Order entry1.00 Ratings
Credit card processing1.00 Ratings
Cost of goods sold1.00 Ratings
Order Orchestration1.00 Ratings
End-to-end order visibility1.00 Ratings
Order exception Resolution1.00 Ratings
User Ratings
Financial Edge (legacy)
Likelihood to Recommend
1.0
(0 ratings)
Usability
2.0
(0 ratings)
Support Rating
1.0
(0 ratings)
User Testimonials
Financial Edge (legacy)
Likelihood to Recommend
  • 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).
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Pros
  • Grant Management - nothing is more harrowing than grant reporting, and FE does it best. It allows for layered budgets and limitless division of expenses among grants, overhead, or other projects/programs.
  • Reporting - Most financial software tries to adapt for-profit accounting into a non-profit mode without addressing the unique needs of a nonprofit for reporting and auditing.
  • Multiple projects and/or cost centers within a budget and system - nothing is more challenging than trying to manage expenses over several cost centers and FE is a champ at allowing that complexity.
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Cons
  • Customer service blames the customer, and never offers solutions other than "wait it out." I've always been told it's my computer, even though everyone else at my work has the same issues.
  • Website is constantly "under maintenance" and it somehow never gets better.
  • The Database View is outdated and glitchy. Honestly get rid of it.
  • The Crystal Report is the only way to handle monthly recurring statements, and Financial Edge does not offer support for it anymore. Good luck figuring that out on your own.
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Usability
It's user friendly, when it wants to be.
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Support Rating
I would give this a zero if I could. Here's the deal. Once you request a chat with a representative, they immediately respond. So responsiveness: 10/10. However, they have a tendency to (always) tell you that whatever problem you're experiencing is your problem, not theirs. They offer no solutions and never take responsibility for their website malfunctioning
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Alternatives Considered
Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
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Return on Investment
  • We have been able to more effectively track utilization of budgets
  • Scholarship management has more than tripled over a five year period
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ScreenShots