Financial Edge (legacy) vs. SAP Business One

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
SAP Business One
Score 6.9 out of 10
N/A
SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
per month
Pricing
Financial Edge (legacy)SAP Business One
Editions & Modules
No answers on this topic
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
Financial Edge (legacy)SAP Business One
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Financial Edge (legacy)SAP Business One
Features
Financial Edge (legacy)SAP Business One
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
SAP Business One
10.0
Ratings
33% above category average
Pay calculation1.00 Ratings10.00 Ratings
Benefit plan administration1.00 Ratings10.00 Ratings
Direct deposit files1.00 Ratings10.00 Ratings
Salary revision and increment management1.00 Ratings00 Ratings
Reimbursement management1.00 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
SAP Business One
9.5
Ratings
22% above category average
API for custom integration1.00 Ratings9.60 Ratings
Plug-ins1.00 Ratings9.50 Ratings
Security
Comparison of Security features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
157% below category average
SAP Business One
9.3
Ratings
13% above category average
Single sign-on capability1.00 Ratings9.10 Ratings
Role-based user permissions1.00 Ratings9.50 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
155% below category average
SAP Business One
7.3
Ratings
1% above category average
Dashboards1.00 Ratings5.70 Ratings
Standard reports1.00 Ratings8.00 Ratings
Custom reports1.00 Ratings8.30 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
SAP Business One
5.8
Ratings
28% below category average
Accounts payable1.00 Ratings9.70 Ratings
Accounts receivable1.00 Ratings9.70 Ratings
Cash management1.00 Ratings00 Ratings
Bank reconciliation1.00 Ratings00 Ratings
Expense management1.00 Ratings00 Ratings
Time tracking1.00 Ratings00 Ratings
Fixed asset management1.00 Ratings00 Ratings
Multi-currency support1.00 Ratings00 Ratings
Multi-division support1.00 Ratings00 Ratings
Regulations compliance1.00 Ratings00 Ratings
Electronic tax filing1.00 Ratings00 Ratings
Self-service portal1.00 Ratings00 Ratings
Global Financial Support1.00 Ratings7.70 Ratings
Primary and Secondary Ledgers1.00 Ratings9.20 Ratings
Intercompany Accounting1.00 Ratings00 Ratings
Localizations1.00 Ratings00 Ratings
Journals and Reconciliations1.00 Ratings9.20 Ratings
Enterprise Accounting1.00 Ratings00 Ratings
Configurable Accounting1.00 Ratings9.50 Ratings
Centralized Rules Framework1.00 Ratings00 Ratings
Standardized Processes1.00 Ratings9.20 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
152% below category average
SAP Business One
8.5
Ratings
7% above category average
Inventory tracking1.00 Ratings9.40 Ratings
Automatic reordering1.00 Ratings7.00 Ratings
Location management1.00 Ratings9.50 Ratings
Manufacturing module1.00 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Financial Edge (legacy)
1.0
Ratings
154% below category average
SAP Business One
6.2
Ratings
24% below category average
Pricing1.00 Ratings8.00 Ratings
Order entry1.00 Ratings8.80 Ratings
Credit card processing1.00 Ratings2.00 Ratings
Cost of goods sold1.00 Ratings7.70 Ratings
Order Orchestration1.00 Ratings9.20 Ratings
End-to-end order visibility1.00 Ratings00 Ratings
Order exception Resolution1.00 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
6.9
Ratings
8% below category average
Billing Management00 Ratings8.70 Ratings
Cash and Asset Management00 Ratings9.10 Ratings
Travel & Expense Management00 Ratings6.00 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings8.70 Ratings
Period Close00 Ratings9.60 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.0
Ratings
8% below category average
Budgeting and Forecasting00 Ratings7.00 Ratings
Project Costing00 Ratings7.00 Ratings
Cost Capture00 Ratings7.00 Ratings
Capital Project Management00 Ratings7.00 Ratings
Customer Contract Compliance00 Ratings7.00 Ratings
Project Revenue Recognition00 Ratings6.10 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.9
Ratings
13% above category average
Project Planning and Scheduling00 Ratings8.00 Ratings
Task Insight for Project Managers00 Ratings7.00 Ratings
Project Mobile Functionality00 Ratings1.00 Ratings
Definable Resource Pools00 Ratings5.00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.7
Ratings
4% above category average
Award Lifecycle Management00 Ratings7.00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.1
Ratings
16% above category average
Bids Analyzed and Compared00 Ratings8.00 Ratings
Contract Authoring00 Ratings7.50 Ratings
Contract Repository00 Ratings8.60 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.20 Ratings
Supplier Management00 Ratings7.00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.7
Ratings
17% above category average
Risk Repository00 Ratings7.00 Ratings
Control Management00 Ratings8.00 Ratings
Control Efficiency Assessments00 Ratings8.00 Ratings
Issue Detection00 Ratings8.00 Ratings
Remediation and Certification00 Ratings7.70 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
6.5
Ratings
3% below category average
Transportation Planning and Optimization00 Ratings7.40 Ratings
Transportation Execution Management00 Ratings6.90 Ratings
Trade and Customs Management00 Ratings6.30 Ratings
Fulfillment Management00 Ratings4.90 Ratings
Warehouse Workforce Management00 Ratings2.00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
6.1
Ratings
19% below category average
Production Process Design00 Ratings2.00 Ratings
Production Management00 Ratings8.20 Ratings
Configuration Management00 Ratings2.00 Ratings
Work Execution00 Ratings4.00 Ratings
Manufacturing Costs00 Ratings5.00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
7.5
Ratings
5% above category average
Forecasting00 Ratings7.40 Ratings
Inventory Planning00 Ratings8.30 Ratings
Performance Monitoring00 Ratings7.50 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Financial Edge (legacy)
-
Ratings
SAP Business One
8.9
Ratings
22% above category average
Proposal Management00 Ratings4.60 Ratings
Product Master Data Management00 Ratings7.70 Ratings
Best Alternatives
Financial Edge (legacy)SAP Business One
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Zoho One
Zoho One
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Infor VISUAL
Infor VISUAL
Score 8.0 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Financial Edge (legacy)SAP Business One
Likelihood to Recommend
1.0
(0 ratings)
8.8
(0 ratings)
Likelihood to Renew
-
(0 ratings)
4.6
(0 ratings)
Usability
2.0
(0 ratings)
10.0
(0 ratings)
Availability
-
(0 ratings)
9.0
(0 ratings)
Performance
-
(0 ratings)
8.0
(0 ratings)
Support Rating
1.0
(0 ratings)
9.0
(0 ratings)
In-Person Training
-
(0 ratings)
7.7
(0 ratings)
Online Training
-
(0 ratings)
4.5
(0 ratings)
Implementation Rating
-
(0 ratings)
2.8
(0 ratings)
Ease of integration
-
(0 ratings)
9.0
(0 ratings)
Product Scalability
-
(0 ratings)
9.0
(0 ratings)
Vendor post-sale
-
(0 ratings)
8.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
8.0
(0 ratings)
User Testimonials
Financial Edge (legacy)SAP Business One
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).
Read full review
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
Read full review
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.
Read full review
  • Customized Reports to fit the companies' special configuration and needs.
  • Individual interfaces for many aspects of the business; manufacturing, inventory, sales, distribution, service, etc. Each department can have its own space.
  • All the modules are connected and can interact with one another.
Read full review
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.
Read full review
  • Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
  • Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
  • Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
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Likelihood to Renew
No answers on this topic
I cannot run my business without SAP Business One in place. I only consult on on product and that is SAP Business One. Business volume goes to zero if I don't use SAP Business One. It is the best product on the market - head and shoulders above other ERP packages I have looked at or implemented in the past.
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Usability
It's user friendly, when it wants to be.
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I rate SAP Business One's overall usability as excellent (10). The system has a user friendly interface that is easy to navigate. I enjoy how much SAP Business One helps to simplify everyday work tasks. This is a wonderful asset for any organization to use across any and all departments.
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Reliability and Availability
No answers on this topic
The SAP Business One software is up and running every time
you need it as it was planned. In more than 6 years that we have been
using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
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Performance
No answers on this topic
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
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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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We had some complex questions and went in a loop with calls emails etc. They where unable to find the right person to talk with us, and when we found 1 he was unable to reach... We ended up working with a local profession for the implementation, and that went smoothly. I would suggest SAP to start with that if there are complex projects...
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In-Person Training
No answers on this topic
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
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Online Training
No answers on this topic
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
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Implementation Rating
No answers on this topic
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
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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.
Read full review
SAP Business One is a good fit for an organization that wants to transform its business operation with a reasonable cost for migration from the legacy system. SAP Business One can match and support the organization needs because it has most of the best business practices deployed in its core modules so the organization can adapt to the standardized business process by choosing SAP Business One solution. Single source of data and information visibility is the huge benefit of using SAP Business One.
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Scalability
No answers on this topic
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there.
Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
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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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  • SAP Business One is intentionally designed keeping flexibility in mind
  • This software can be deployed on-premise or on cloud and you can change the on-premise hosting to cloud anytime in the future
  • It is designed from the ground up. SAP Business One is an affordable product that is quick to install, easy to use, and simple to maintain.
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ScreenShots