RE: The Financial Edge Cost

How much does it cost to purchase and implement The Financial Edge?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?

admin Vice Professor Asked on July 3, 2024 in Business Intelligence.
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1 Answers

Software price

The Financial Edge software offers a subscription-based pricing model. The cost of the license per month starts at $249 for the Essentials plan, $499 for the Essentials Plus plan, and $899 for the Advanced plan.

For different business sizes, the pricing varies. For example, for 1 user, the Essentials plan costs $249 per month, while for 10 users, it costs $999 per month. The pricing for 100 users is $4,999 per month, and for 1,000 users, it is $24,999 per month. Global enterprise pricing is available upon request.

Plans compared

The Essentials plan includes basic financial management features, while the Essentials Plus plan offers advanced budgeting and forecasting capabilities. The Advanced plan includes additional modules for grant and project management.

Key differences between the plans include the number of users supported, access to advanced features, and customization options.

Plans fit

The Essentials plan is best suited for small businesses and startups looking for basic financial management tools. The Essentials Plus plan is ideal for growing businesses that require advanced budgeting features. The Advanced plan caters to larger organizations and non-profits with complex financial needs.

Other costs

Implementation costs for The Financial Edge can vary based on the complexity of the setup and the size of the organization. On average, implementation costs range from $1,000 to $10,000.

Customization costs are optional and can range from $500 to $5,000 depending on the level of customization required. Training costs vary as well, with an average of $500 to $2,000 per business size/type.

One-time fees

The Financial Edge does not require specific hardware or servers for implementation. However, there may be additional one-time fees for data migration, integration with other systems, or on-site training. These costs can range from $500 to $5,000.

Alternatives compared

Compared to alternatives such as QuickBooks, Xero, and FreshBooks, The Financial Edge is positioned as a more comprehensive financial management solution with pricing that reflects its advanced features and capabilities.


The Financial Edge is priced competitively within the financial management software market, offering a range of plans to cater to different business sizes and needs. With its feature-rich options and scalability, it provides value for organizations looking for robust financial tools. On a pricing grade scale of 1 to 100, The Financial Edge would score a solid 85.

Vice Professor Answered on July 3, 2024.
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