The Raiser's Edge and The Financial Edge are designed to manage different tasks regarding gifts. Pledges are primarily managed in The Raiser's Edge, where users may enter and track the progress of a pledge, as well as remind donors that pledge installments are due to be paid. Pledges may be posted to The Financial Edge, where accounting reports may be run regarding the gifts.
The Financial Edge functionality allows users to generate invoices in Accounts Payable. However, these invoices are designed to invoice vendors. In order to send an invoice, users must first create a vendor record in The Financial Edge. These invoices are not designed to be sent to donors who have made pledge gifts, because pledge gifts are entered and tracked in the General Ledger, not in Accounts Payable.
The Raiser's Edge also does not have a specific function for generating invoicing, as it is fundraising software.
While neither The Raiser's Edge or The Financial Edge has specific functionality to create invoices for pledges, users may send notification of outstanding pledge payments by creating Pledge Reminders in the Mail module of The Raiser's Edge.