Compare The Financial Edge and TimeSolv Legal - Oct 2022

Shlomi Lavi

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

The Financial Edge is more expensive to implement (TCO) than TimeSolv Legal, and TimeSolv Legal is rated higher (86/100) than The Financial Edge (80/100). The Financial Edge offers users more features (15) than TimeSolv Legal (8).

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. TIMESOLV CORPORATION

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 ...

TIMESOLV CORPORATION: TimeSolv was developed by Elite Online Solutions in 1999 and became an independent company in December 2006. It is now solely focused on providing TimeSolv’s superior online solutions coupled with outstanding customer service. TimeSolv is a privately held corporation and is profitable and debt free.

Who is more expensive? The Financial Edge or TimeSolv Legal?

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 TimeSolv Legal.

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. TimeSolv Legal price starts at $39.95 per user/month , When comparing TimeSolv Legal 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 TimeSolv Legal.

Which software includes more/better features?

We've compared The Financial Edge Vs. TimeSolv Legal 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.

TimeSolv Legal: Version Control, Project Collaboration, Time and Expense Tracking, Archiving and Retention, Document Assembly.

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. The software has specifically been designed for legal business and law firms and can be used by small and medium businesses, including individual practices and multi-location firms.