Shlomi Lavi /
Jan 25, 2023
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Bottom Line: Which is Better - SAP ERP or The Financial Edge?
SAP ERP is more expensive to implement (TCO) than The Financial Edge, and SAP ERP is rated higher (97/100) than The Financial Edge (80/100). Both tools offer the same amount of features.
Looking for the right ERP 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:
SAP Vs. Blackbaud
SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...
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? SAP ERP or The Financial Edge?
The real total cost of ownership (TCO) of ERP 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 SAP ERP and The Financial Edge.
SAP ERP price starts at $108 per user/month , On a scale between 1 to 10 SAP ERP is rated 10, which is much higher than the average cost of ERP 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 ERP software cost.
Bottom line: SAP ERP is more expensive than The Financial Edge.
Which software includes more/better features?
We've compared SAP ERP Vs. The Financial Edge based on some of the most important and required ERP features.
SAP ERP: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Accounting Module, Business Intelligence Module, CRM Module, Human Resources Module.
The Financial Edge: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.
Target customer size
SAP ERP is a remedy that is best fit for large companies. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.