Compare Clio and The Financial Edge - Feb 2023

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Clio or The Financial Edge?

The Financial Edge is more expensive to implement (TCO) than Clio, and Clio is rated higher (96/100) than The Financial Edge (80/100). The Financial Edge offers users more features (15) than Clio (6).

Looking for the right Legal Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Clio Vs. Blackbaud

Clio : Clio provides a full suite of web-based practice management tools targeted specifically at the administrative needs of sole practitioners and small firms. Clio is a single resource that eliminates the need for multiple specialized applications by incorporating the principal talents of each. Web-based, secure, and easy-to-use, Clio seeks to over...

Blackbaud: Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 27,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 ...

Who is more expensive? Clio or The Financial Edge?

The real total cost of ownership (TCO) of Legal Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Clio and The Financial Edge.

Clio price starts at $39 per user/month , On a scale between 1 to 10 Clio is rated 2, which is much lower than the average cost of Legal Management software. The Financial Edge price starts at $299 per user/month , When comparing The Financial Edge to its competitors, the software is rated 6 - similar to the average Legal Management software cost.

Bottom line: The Financial Edge is more expensive than Clio.

Which software includes more/better features?

We've compared Clio Vs. The Financial Edge based on some of the most important and required Legal Management features.

Clio: Time and Expense Tracking, Billing & Invoicing, Document Management, Time Tracking, Task Management, Vendor/Client Portal.

The Financial Edge: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

Clio Legal Management software serves a range of customers in the legal industry, from solo practitioners to large law firms with multiple locations. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.