The Financial Edge - Top Competitors (Oct 2022)

The Financial Edge Review
ITQlick Score: 80/100
ITQlick Rating:
Pricing: 6.6/10 - high cost
Category: Accounting & Finance -> The Financial Edge review -> The Financial Edge competitors
Ranking:Ranked 91 out of 419 Accounting & Finance systems
Company: Blackbaud
Pricing: starts at $299 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: The Financial Edge review, The Financial Edge pricing guide
Shlomi LaviShlomi Lavi / updated: Oct 04, 2022

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The Financial Edge vs. Alternatives in 2024

Some of the major competitors for the Financial Edge are Aplos Nonprofit Accounting Software and Fund E-Z Fund Accounting.

Aplos Nonprofit Accounting software is a cloud based fund accounting solution. It includes core accounting features such as general ledger, payables & receivables as well as bank reconciliation. Additionally there is support for budgeting, fraud controls to maintain transparency, as well as tax management and filing. The product can also manage both onetime & recurring donations and provides financial reporting options for donor analysis as well as financial performance monitoring.

The Financial Edge in comparison is offered as both an on premise as well as cloud based solution which also addresses similar fund accounting requirements for non profits. However it also supports grants and endowment funding, with options for fixed assets accounting, employee payroll, and APIs for integration with third party applications.

Then there is Fund E-Z Fund Accounting which is available as an on premise solution. It includes the core accounting features present in the Financial Edge, but also supports product billing, loan management as well as financial allocations. There are also financial dashboards to monitor key performance indicators with the option to customize the financial processes to meet specific business requirements.

The Financial Edge on the other utilizes the Visual Basic platform to handle product customization requirements, but provides options for electronic invoicing & purchasing unlike Fund E-Z Fund Accounting. Additionally the product provides advanced budgeting tools that include forecasting, planning and financial scenario modeling.

The Financial Edge alternatives - for small & large Business

Here are the top 4 alternatives to The Financial Edge that are worth checking out: Denali Business for SMBs, MultiCHAX for large size business, Aplos Fund Accounting for growing companies, and BQE Core for low budget organizations.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
The Fina...
ITQlick rating
4.2/5
Score
80/100
Pricing
6.6/10
License pricing
$299 per user/month
Functionality
34
Best for SMBs
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
Best for Enterprise
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Growing
Aplos Fu...
ITQlick rating
4.4/5
Score
90/100
Pricing
3.6/10
License pricing
$29.50 per month
Functionality
3
Compare
Free version
BQE Core
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$19.95 per user/month
Functionality
20
Compare


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.