Blackbaud Financial Edge NXT Features

Blackbaud Financial Edge NXT

Cloud fund accounting software for nonprofits

4.57/5 (30 reviews)

Blackbaud Financial Edge NXT Feature Summary

  • Accounts payable
  • Accounts receivable
  • General ledger
  • Purchasing & receiving
  • Fund accounting
  • Financial reporting
  • Dashboard reporting
  • Nonprofit general ledger
  • Account segments
  • Transaction characteristics
  • Capture transaction details
  • Require funds to balance
  • Change financial statement groupings
  • Complete integration with other Blackbaud solutions
  • Automate information flow
  • Eliminate duplicate data
  • Customizable report templates
  • Internal controls and compliance
  • Automated workflows
  • Financial planning and analysis
  • Configurable dashboards
  • In-depth records
  • Custom reports
  • Create multiple “what if” budget scenarios
  • Monitor budget versus actual performance
  • Update compliant reports
  • Presentation-ready reports
  • Manage grant activity
  • Detailed grant records
  • Complete grant administrative tasks
  • Working capital and expense management
  • Cash flow management

Nonprofit Feature Comparison

Most popular features of all Nonprofit apps

API (28 other apps)
Access Control (29 other apps)
Activity Dashboard (35 other apps)
Activity Tracking (22 other apps)
Attendance Management (34 other apps)
Automatic Notifications (22 other apps)
Automatic Reminders (25 other apps)
Communication Management (26 other apps)
Contact Database (37 other apps)
Credit Card Processing (33 other apps)
Custom Fields (35 other apps)
Customizable Branding (25 other apps)
Customizable Reporting (31 other apps)
Data Import/Export (35 other apps)
Electronic Payments (35 other apps)
Email Integration (26 other apps)
Mobile Integration (26 other apps)
Recurring Billing (23 other apps)
Reporting & Statistics (32 other apps)
Third Party Integration (25 other apps)

Competitor Feature Comparison

Blackbaud Financial Edge NXT Feature Reviews

25 reviewers had the following to say about Blackbaud Financial Edge NXT's features:

Elaine Tucker

Financial Edge has given us an edge up

2017-02-22

The newest addition of Credit Card payment/processing has been a WONDERFUL thing for our office.

Pros

Ease of use in Query and Report Parameters

Cons

I wish the Vendor integration with Raiser's Edge was more robust, but it works for us ok.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10

Recommendations to others considering Blackbaud Financial Edge NXT

We have saved so much time since converting to Financial Edge, I just wish we had made the move sooner.

Source: Capterra
Helpful?   Yes   No
Read more
Sharon Early

The combined Financial Edge, BBMS, and Altru provide for an easy month end close w/ great details

2018-06-14

I have time to assist my departments in dealing with budget issues on a timely basis.

Pros

With this integration of the three services we have also been able to pass on to the departments receiving the income, the fees associated with processing credit card transactions - thus reducing management overhead.

Cons

When in the reporting function, if you are asking for a major detailed report, the system does slow down and could be a bit faster.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Rebekah Snyder

Great product, but installation and set-up support could be a lot better

2017-11-27

Integration with Raisers Edge, easier financial reporting, jazzier charts and graphs.

Pros

It's helpful that the interface is so similar to RE, making it easier to understand.

Cons

The set-up support leaves a lot to be desired, but once you are up and running, the support is fairly good.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Chris Nithiananthan, bCRE-PRO

Excellent!

2017-12-18

Pros

Once you have aligned your system with Finance reports are really easy to produce.

Cons

Raiser's Edge has so many fields that can be used or created, if you don't have an established process things can get messy like any database.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Philanthropy company, 11-50 employees)

FE and RE are standards for managing your data

2018-03-07

Financial Edge allows us to produce accounting reports and maintain our large assets.

Pros

FE makes the process of accounting and check printing very easy.

Cons

Even though RaisersEdge has many different tools - you may not be likely to use many of them regularly. Instead I find I reuse the same tools and end up bypassing a lot of what I could do, instead sticking to the essentials. Those extra functionalities just are not that useful to me

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Ashley Peil

With their continued expanding, focus on what the users want, this product can only get better!

2018-03-13

Pros

The 'in testing' credit card feeds function.

Cons

There is no use for our Payroll Specialist or Accounts Receivable, and with each day having at least 40 invoices to enter at one time, there is no way to enter a bulk amount of invoices like the database view allows so Accounts Payable is limited to using it only once or twice a week.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Julia Stewart

Great for reporting, adds some nice ease-of-use and efficiency features

2017-05-17

Pros

The reporting features are MUCH better than in the old Financial Edge, and many of the other new features they are adding (like setting up a bank feed to automatically download transactions into FE NXT for ease of transaction matching and reconciliation) are increasing our efficiency.

Cons

The roll-out of new features has been slower than I had originally anticipated when we moved to this platform over a year ago, and that's made it a little harder to get some of our staff to adopt use of the new platform over the old "classic" database view.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
( company, 51-200 employees)

Good product but still a work in progress.

2018-03-24

Pros

The system is geared towards non profits. it is very easy to use.

Cons

Third party integration is still lacking compared to most other major accounting platforms.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Paul-Etienne Roy

Blackbaud NXT is the way to be

2017-04-25

What I like more is the API so I can download all my info into a data warehouse on the cloud (Azure) and I can connect it to Power BI.

Pros

Designed for nonprofit organizations

Cons

Been mostly solved by the API.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

9/10

Recommendations to others considering Blackbaud Financial Edge NXT

I would use it with PowerBI or Tableau to make the most of it for further analysis

Source: Capterra
Helpful?   Yes   No
Read more
terri boven

FE2016RCA2

2016-10-05

Switched 2 years ago from fundware as it was no longer supported. Had Raisers edge so it was a natural transition.

Pros

talks well with other blackbaud products

Cons

not too customizable

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
woohyuk cho

It helps me visualize our financial data in more productive way.

2018-02-14

Pros

Each department manager can access to the software and see their budget to actual report and be able to track their purchase order and invoices.

Cons

I think it need to expand their main server to boost up the speed. When i open a few different windows, it slows the performance. It definitely needs to improve.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Other

Source: Capterra
Helpful?   Yes   No
Read more
Wendy Kinsey

FE NXT is the Best

2017-04-14

You can do custom reports.

Rating breakdown

Value for money
Ease of use
Features
Source: Capterra
Helpful?   Yes   No
Read more
Christine Settles

Solid financial reporting software for a mid-sized org, relatively easy to learn.

2018-04-04

Pros

- Love being able to run reports including un-posted transactions - Love being able to attach documents to journal entries in NXT view

Cons

- Journal entry template is clunky to use & requires a lot of clicking - Journal entries are listed "backward" in NXT (compared to database view) - Can't view the entire journal entry on one screen in NXT & only see line numbers once the entry is posted in NXT view

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Lisa Bricker

Financial Edge: Ease in Monthly Reporting

2018-08-31

Financial Edge, once everyone on the team got familiar with the process, provided accurate and easy monthly reporting.

Pros

Financial Edge, coupled with Raiser's Edge fundraising software provides seamless financial reporting opportunities for non-profits.

Cons

Financial Edge and Raiser's Edge have a learning curve if you have never used the software before. When converting from another software, work closely with your Blackbaud team to ensure a successful transition.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
( company, 51-200 employees)

I use NXT for my staff to see vendor history, but use Classic for all AP transactions.

2018-05-18

Pros

My staff love that they can see vendor history and payments.

Cons

There are functions that I need that I can not use in Financial Edge NXT. Therefore my got to is Financial Edge classic for my daily weekly and monthly tasks.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Debra Talbott

Started with Fundware, now Financial Edge ready for FE NXT

2018-03-08

It gives us the information required to invoice for our grants.

Pros

Ability to run many reports, view different scenarios.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Faith Murray

Good quality financial software

2017-02-21

Our organization has used this for many years now. Integrates well with our fundraising software, the Raiser's Edge.

Rating breakdown

Value for money
Ease of use
Features
Customer support
Source: Capterra
Helpful?   Yes   No
Read more
Karen Tuecke

eTapestry is very robust and comparable to RaisersEdge, for a smaller scale organization.

2017-05-04

This is an easy to use software tool!

Pros

The query, reporting and newly added wealth rating features are easy to use and has assisted in the improvement of my interaction with donors.

Cons

If I do not check the updates, my reporting could go wrong.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Steve Canum

We use the full suite of modules and like the integration and support. Payroll is more challenging.

2018-06-14

Pros

Help and support tools / resources are great. Chat support is responsive and gets a solution to the problem.

Cons

Payroll leave time management configuration is challenging for our organization that has a complex leave time structure.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Christian Taplin

Financial Edge NXT is a cloud accounting solution from Blackbaud that provides transparency across t

2018-03-20

Pros

It's a great improvement over the database view and I am looking forward to the continued delivery of new features as they role them out.

Cons

You are not able to use papersave with it just yet so the drag and drop/ upload feature is obsolete to me.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
William Sanders, CPA

Built on a solid foundation

2017-03-16

Yes, accounting and reporting can be fun.

Pros

Intuitive. Accounting can be fun.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Lisa Grooms

Training is Essential

2018-08-20

I'm still learning NXT and all I can say is anyone considering the investment to also look at the total investment and purchase the training package. Your Employees will thank you!!

Pros

I love the training level that Blackbaud has in place I think that to be successful with Blackbaud a training package to meet your companies needs is essential. At the end of the day Blackbaud wants your success with their software and they offer the solution in awesome training opportunities.

Cons

I think the software is designed for larger non-profits.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Brooke Niarchos

I work mostly in the AP portion of the program, some journal entries

2017-05-16

Pros

I love how this software integrates with it's Raiser's Edge program.

Cons

Finding your way around in the beginning takes a little time. Especially when you are looking for something specific.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Jennifer Johnson

I really enjoy using Financial Edge. I can easily gather data on information that I need quickly.

2017-05-03

Pros

I love that I can access my data using my phone or tablet.

Cons

That all the modules are not in FE NXT yet. It would be really good to have a more robust payroll/ HR system that integrated with time clocks.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Steph Ulmer

NXTers on the wagon

2017-02-17

We jumped on the NXT wagon when it first came out. The product was still being developed, but at the same time we were able to provide input and feedback on how we would use the product.

Pros

Web access

Cons

Limited day to day input functionality

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more