Compare SAP Financials On Demand and The Financial Edge - Oct 2022

Shlomi LaviShlomi Lavi / Oct 04, 2022

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Bottom Line: Which is Better - SAP Financials On Demand or The Financial Edge?

The Financial Edge is more expensive to implement (TCO) than SAP Financials On Demand, and SAP Financials On Demand is rated higher (89/100) than The Financial Edge (80/100). The Financial Edge offers users more features (15) than SAP Financials On Demand (3).

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:

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 Financials On Demand 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 SAP Financials On Demand and The Financial Edge.

SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 SAP Financials On Demand is rated 4, which is lower 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: The Financial Edge is more expensive than SAP Financials On Demand.

Which software includes more/better features?

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

SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

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

Target customer size

Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.



SAP Financials On Demand

ITQlick rating
(4.5/5)

SAP launched Financials OnDemand in late 2012 as a stand-alone financial management solution designed exclusively for the cloud. It tracks end-to-end financial transactions from order to cash and procurement to...

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

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons

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
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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.