Compare The Financial Edge and Clio - Feb 2023

Shlomi Lavi

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

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 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. Clio

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 ...

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...

Who is more expensive? The Financial Edge or Clio?

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 Clio.

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. Clio price starts at $39 per user/month , When comparing Clio to its competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.

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

Which software includes more/better features?

We've compared The Financial Edge Vs. Clio 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.

Clio: Time and Expense Tracking, Billing & Invoicing, Document Management, Time Tracking, Task Management.

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.

Clio Legal Management software serves a range of customers in the legal industry, from solo practitioners to large law firms with multiple locations.