Compare The Financial Edge and Alight Planning Enterprise - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - The Financial Edge or Alight Planning Enterprise?

The Financial Edge is more expensive to implement (TCO) than Alight Planning Enterprise, and Alight Planning Enterprise is rated higher (91/100) than The Financial Edge (80/100). Alight Planning Enterprise offers users more features (16) than The Financial Edge (15). There is a clear winner in this case and it is Alight Planning Enterprise!

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:

Blackbaud Vs. Alight Planning Enterprise

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 ...

Alight Planning Enterprise: Alight Planning takes the budgeting and planning process beyond spreadsheets with a multi-user system designed for executives, financial staff, and line managers who collaborate in developing financial plans and reviewing financial and operating results.With Alight Planning, financial planning is fast and effective, allowing integration of strategi...

Who is more expensive? The Financial Edge or Alight Planning Enterprise?

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 The Financial Edge and Alight Planning Enterprise.

The Financial Edge price starts at $299 per user/month , On a scale between 1 to 10 The Financial Edge is rated 6, which is similar to the average cost of Accounting & Finance software. Alight Planning Enterprise price starts at $6,000 per license , When comparing Alight Planning Enterprise to its competitors, the software is rated 4 - lower than the average Accounting & Finance software cost.

Bottom line: The Financial Edge is more expensive than Alight Planning Enterprise.

Which software includes more/better features?

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

The Financial Edge: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, E-commerce.

Alight Planning Enterprise: Budgeting & Forecasting, Fund-Accounting, Ad-Hoc Analysis, Ad-Hoc Reporting, Automatic Scheduled Reporting.

Target customer size

Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources. Just 4 years after it was founded Alight has manage to gather over 250 customers from different business segments.