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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Financial Edge (legacy)

    Score6.8 out of 10
    N/AA legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A

    QuickBooks Online

    Score8.2 out of 10
    N/AQuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.

    $38

    per month

    Pricing
    Financial Edge (legacy)QuickBooks Online
    Editions & Modules
    No answers on this topic
    Simple Start
    $38
    per month
    Essentials
    $75
    per month
    Plus
    $115
    per month
    Advanced
    $275
    per month
    Offerings
    Pricing Offerings
    Financial Edge (legacy)QuickBooks Online
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Financial Edge (legacy)QuickBooks Online
    Considered Both Products
    Discontinued Products
    Chose Financial Edge (legacy)
    Financial Edge and Altru work well together when it comes to integration.
    Incentivized
    Intuit
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    81%
    Would buy again
    89 Answers
    Delivers good value for the price
    No answers on this topic
    84%
    Delivers good value for the price
    85 Answers
    Happy with the feature set
    No answers on this topic
    80%
    Happy with the feature set
    88 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    80%
    Lived up to sales and marketing promises
    70 Answers
    Implementation went as expected
    No answers on this topic
    85%
    Implementation went as expected
    83 Answers
    Features
    Financial Edge (legacy)QuickBooks Online
    Payroll Management
    Comparison of Payroll Management features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    4 Ratings
    154% below category average
    QuickBooks Online
    8.5
    81 Ratings
    9% above category average
    Pay calculation1.03 Ratings7.872 Ratings
    Benefit plan administration1.02 Ratings7.033 Ratings
    Direct deposit files1.02 Ratings9.067 Ratings
    Salary revision and increment management1.03 Ratings9.046 Ratings
    Reimbursement management1.04 Ratings9.548 Ratings
    Customization
    Comparison of Customization features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    7 Ratings
    154% below category average
    QuickBooks Online
    8.3
    71 Ratings
    8% above category average
    API for custom integration1.05 Ratings8.757 Ratings
    Plug-ins1.07 Ratings8.058 Ratings
    Security
    Comparison of Security features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    157% below category average
    QuickBooks Online
    9.7
    112 Ratings
    15% above category average
    Single sign-on capability1.06 Ratings9.684 Ratings
    Role-based user permissions1.09 Ratings9.7106 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    9 Ratings
    155% below category average
    QuickBooks Online
    8.1
    136 Ratings
    3% above category average
    Dashboards1.09 Ratings8.6128 Ratings
    Standard reports1.09 Ratings8.1132 Ratings
    Custom reports1.09 Ratings7.5120 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    10 Ratings
    154% below category average
    QuickBooks Online
    8.5
    147 Ratings
    9% above category average
    Accounts payable1.09 Ratings9.1125 Ratings
    Accounts receivable1.07 Ratings9.4135 Ratings
    Cash management1.09 Ratings8.7123 Ratings
    Bank reconciliation1.010 Ratings9.1141 Ratings
    Expense management1.08 Ratings8.7125 Ratings
    Time tracking1.04 Ratings7.057 Ratings
    Fixed asset management1.08 Ratings8.055 Ratings
    Multi-currency support1.05 Ratings7.024 Ratings
    Multi-division support1.06 Ratings9.145 Ratings
    Regulations compliance1.07 Ratings9.241 Ratings
    Electronic tax filing1.04 Ratings9.368 Ratings
    Self-service portal1.07 Ratings8.869 Ratings
    Global Financial Support1.06 Ratings8.018 Ratings
    Primary and Secondary Ledgers1.08 Ratings8.737 Ratings
    Intercompany Accounting1.08 Ratings8.731 Ratings
    Localizations1.05 Ratings8.023 Ratings
    Journals and Reconciliations1.08 Ratings9.376 Ratings
    Enterprise Accounting1.06 Ratings8.027 Ratings
    Configurable Accounting1.07 Ratings7.740 Ratings
    Centralized Rules Framework1.06 Ratings8.326 Ratings
    Standardized Processes1.07 Ratings8.452 Ratings
    Inventory Management
    Comparison of Inventory Management features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    3 Ratings
    152% below category average
    QuickBooks Online
    7.5
    49 Ratings
    2% above category average
    Inventory tracking1.02 Ratings8.046 Ratings
    Automatic reordering1.02 Ratings7.023 Ratings
    Location management1.03 Ratings8.023 Ratings
    Manufacturing module1.02 Ratings7.018 Ratings
    Order Management
    Comparison of Order Management features of Financial Edge (legacy) and QuickBooks Online
    Feature
    Financial Edge (legacy)
    1.0
    2 Ratings
    154% below category average
    QuickBooks Online
    8.4
    90 Ratings
    8% above category average
    Pricing1.02 Ratings8.056 Ratings
    Order entry1.02 Ratings8.054 Ratings
    Credit card processing1.02 Ratings8.566 Ratings
    Cost of goods sold1.02 Ratings9.370 Ratings
    Order Orchestration1.02 Ratings8.022 Ratings
    End-to-end order visibility1.02 Ratings9.021 Ratings
    Order exception Resolution1.02 Ratings8.019 Ratings
    Best Alternatives
    Financial Edge (legacy)QuickBooks Online
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    Sage Accounting
    Score9.1 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    MYOB
    Score7.7 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    Microsoft Dynamics GP
    Score6.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Financial Edge (legacy)QuickBooks Online
    Likelihood to Recommend
    1.0
    (10 ratings)
    8.7
    (165 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    1.8
    (24 ratings)
    Usability
    2.0
    (1 ratings)
    8.7
    (80 ratings)
    Availability
    -
    (0 ratings)
    2.0
    (5 ratings)
    Performance
    -
    (0 ratings)
    1.0
    (4 ratings)
    Support Rating
    1.0
    (1 ratings)
    1.1
    (68 ratings)
    Implementation Rating
    -
    (0 ratings)
    3.0
    (6 ratings)
    Configurability
    -
    (0 ratings)
    10.0
    (1 ratings)
    CPA Rating
    -
    (0 ratings)
    7.4
    (18 ratings)
    Ease of integration
    -
    (0 ratings)
    1.3
    (2 ratings)
    Product Scalability
    -
    (0 ratings)
    1.0
    (2 ratings)
    Vendor post-sale
    -
    (0 ratings)
    1.0
    (2 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    1.0
    (2 ratings)
    User Testimonials
    Financial Edge (legacy)QuickBooks Online
    Likelihood to Recommend
    Discontinued Products
    • 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).
    Incentivized
    Read full review
    Intuit
    I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
    Incentivized
    Read full review
    Pros
    Discontinued Products
    • Financial edge is able to be customized in a way that fits our organization.
    • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
    • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
    Incentivized
    Read full review
    Intuit
    • Workflows for accounts payable invoice review are terrific.
    • Bill payment allows you to pay vendors online via ACH or check without having to write a physical check, which reduces admin time.
    • The cloud based login lends well to a remote or hybrid work environment for staff.
    • QuickBooks Online allows you to pre-configure vendors' general ledger expense accounts. This helps with general ledger coding accuracy and consistency.
    • QuickBooks Online integrates with Rippling HRIS, Coast, Capital One, JPMorgan Chase, etc., which lends well to an efficient month-end closing and reduced administrative time.
    Incentivized
    Read full review
    Cons
    Discontinued Products
    • 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.
    Read full review
    Intuit
    • The upsells have gotten worse over time and are on every screen in the most awkward positions. I don't need a constant reminder to upgrade, especially on a very old account that's paid thousands over the years.
    • The interface has never been especially intuitive, but I was an old Quicken user and it was somewhat familiar. Over time, it's gotten worse, and in the last 2 years, the program seems to move things more often than I would expect.
    • The software constantly adds features that I don't want and want to turn off, but the interface is so difficult to use that I find myself skipping it. Imagine seeing a message that the system recognized invoices that hadn't been paid so it prepared reminder notices for you that can be sent at the click of a button. Who thinks using canned reminders that you've never seen is a good thing?
    • A lot of functionality seems to derive from connecting your bank accounts to QBO. I don't want Intuit to have an always-on connection to any bank accounts, even checking.
    Incentivized
    Read full review
    Likelihood to Renew
    Discontinued Products
    No answers on this topic
    Intuit
    It like the product 'right out of the box' and I trust Intuit will continually improve it over the years based on my experience with their desktop products. The large providers of Apps makes customizing the entire package relatively easy and seamless for a wide variety of business types.
    Incentivized
    Read full review
    Usability
    Discontinued Products
    It's user friendly, when it wants to be.
    Read full review
    Intuit
    I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
    Incentivized
    Read full review
    Reliability and Availability
    Discontinued Products
    No answers on this topic
    Intuit
    We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
    Incentivized
    Read full review
    Performance
    Discontinued Products
    No answers on this topic
    Intuit
    Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
    Incentivized
    Read full review
    Support Rating
    Discontinued Products
    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
    Read full review
    Intuit
    In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
    Incentivized
    Read full review
    Implementation Rating
    Discontinued Products
    No answers on this topic
    Intuit
    The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
    Incentivized
    Read full review
    Alternatives Considered
    Discontinued Products
    Financial Edge is more economical than GuideStar, and more focused on the financial successes than simply the management of funds and general data.
    Incentivized
    Read full review
    Intuit
    As a freelance bookkeeper, the Desktop version of QuickBooks Online doesn't allow for ease of access from any device. Having to be on a computer with the software downloaded creates additional work to gain access to all required filings etc. Also, I personally find the linking functionality on the Online version to be much more streamlined and user friendly.
    Read full review
    Scalability
    Discontinued Products
    No answers on this topic
    Intuit
    As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
    Incentivized
    Read full review
    Return on Investment
    Discontinued Products
    • Like any enterprise software, there are costs/investments ahead of return. It isn't something you would implement without support.
    • During the significant financial downturn, we were able to use FE to forecast trends and make budget adjustments easily. It transformed communication about forecasting and cuts with assurance.
    Incentivized
    Read full review
    Intuit
    • QuickBooks has given us a useful portal by which to get an overview of our financials.
    • QuickBooks has given us a relatively easy way to send out invoices quickly and efficiently.
    • Due to the customization limitations on QuickBooks, we've had to get creative in third-party implementations to better represent our brand and to track financials.
    Incentivized
    Read full review
    ScreenShots

    QuickBooks Online Screenshots

    Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard