Compare Coda Financials and The Financial Edge - Oct 2022

Shlomi LaviShlomi Lavi / Oct 04, 2022

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

Coda Financials is more expensive to implement (TCO) than The Financial Edge, and Coda Financials is rated higher (85/100) than The Financial Edge (80/100). Both tools offer the same amount of features.

Looking for the right Accounting & Finance 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:

UNIT4 Business Software Vs. Blackbaud

UNIT4 Business Software: UNIT4 is a global business software and services company that creates, provides and supports software – delivered via the cloud or on-premise – for a market sector it calls ‘Businesses Living IN Change’. Its solutions are aimed at helping these dynamic public sector and commercial services organizations to manage their business needs and embrace ch...

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? Coda Financials or The Financial Edge?

The real total cost of ownership (TCO) of Accounting & Finance 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 Coda Financials and The Financial Edge.

Coda Financials price starts at $10 per month , On a scale between 1 to 10 Coda Financials is rated 8, which is higher than the average cost of Accounting & Finance 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 Accounting & Finance software cost.

Bottom line: Coda Financials is more expensive than The Financial Edge.

Which software includes more/better features?

We've compared Coda Financials Vs. The Financial Edge based on some of the most important and required Accounting & Finance features.

Coda Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Credit Card Processing, E-commerce.

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

Target customer size

Coda Financials was developed to support businesses all around the world. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.

Coda Financials

ITQlick rating
(4.3/5)

starts at $10 per month

Unit4 Financials or formerly known as Coda Financials is a cloud-based or on-premise financial and accounting management solution for medium to large companies.

Categories: Billing & Invoicing, Budgeting & CPM, Core Accounting, Financial reporting.

The Financial Edge

ITQlick rating
(4.2/5)

starts at $299 per user/month

Financial Edge is an accounting system best suited for nonprofits and government agencies. This program has an effective solution for grant management. With the user-friendly interface and specific functionalit...

Categories: Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM, Core Accounting.

Compare specifications

Compare features

Coda Financials: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Credit Card Processing
E-commerce
Fixed-Assets
Fund-Accounting
Multi-Currency
Project-Accounting
Purchase Orders
Sales Reporting
Tax compliance

The Financial Edge: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
E-commerce
Fund-Accounting
General-Ledger
Multi-Currency
P&L Statement
Project-Accounting
Sales Reporting
Time & Expense
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Coda Fin...
ITQlick rating
4.3/5
Score
85/100
Pricing
8.4/10
License pricing
$10 per month
Functionality
28
Compare
The Fina...
ITQlick rating
4.2/5
Score
80/100
Pricing
6.6/10
License pricing
$299 per user/month
Functionality
34
Compare
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.