Blackbaud Financial Edge NXT Features

Blackbaud Financial Edge NXT

Cloud fund accounting software for social good organizations

4.24/5 (154 reviews)

Competitor Feature Comparison

"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Administrative Reporting
Asset Management
Asset Tracking
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Reports
Customizable Templates
Customization
Dashboard
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Aid Management
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
For Grantmakers
For Grantseekers
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fund Accounting
Fundraising Management
General Ledger
Grant Application Management
Grant Award Tracking
Grant Management
Impact Measurement
Income & Balance Sheet
Inventory Management
Invoice Management
Invoice Processing
K-12
Member Database
Membership Management
Mobile Access
Monitoring
Multi-Currency
Multi-Location
Nonprofits
Payment Processing
Payment Tracking
Payroll Management
Performance Metrics
Planning Tools
Process Control
Profit/Loss Statement
Project Accounting
Purchase Order Management
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Records Management
Reporting & Statistics
Reporting/Analytics
Scenario Planning
Self Service Portal
Template Management
Third Party Integrations
Transaction History
Vendor Management
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"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Administrative Reporting
Asset Management
Asset Tracking
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Reports
Customizable Templates
Customization
Dashboard
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Aid Management
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
For Grantmakers
For Grantseekers
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fund Accounting
Fundraising Management
General Ledger
Grant Application Management
Grant Award Tracking
Grant Management
Impact Measurement
Income & Balance Sheet
Inventory Management
Invoice Management
Invoice Processing
K-12
Member Database
Membership Management
Mobile Access
Monitoring
Multi-Currency
Multi-Location
Nonprofits
Payment Processing
Payment Tracking
Payroll Management
Performance Metrics
Planning Tools
Process Control
Profit/Loss Statement
Project Accounting
Purchase Order Management
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Records Management
Reporting & Statistics
Reporting/Analytics
Scenario Planning
Self Service Portal
Template Management
Third Party Integrations
Transaction History
Vendor Management
Visit WebsiteCompare App
"What If" Scenarios
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Activity Tracking
Administrative Reporting
Asset Management
Asset Tracking
Audit Trail
Bank Reconciliation
Billing & Invoicing
Budget Control
Budgeting/Forecasting
CRM
Cash Flow Management
Cash Management
Charting
Check Printing
Collaboration Tools
Compliance Management
Contact Database
Customizable Fields
Customizable Reports
Customizable Templates
Customization
Dashboard
Data Import/Export
Donation Management
Donation Tracking
Donor Management
Dues Management
Event Management
Expense Tracking
Financial Aid Management
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For Government
For Grantmakers
For Grantseekers
For Nonprofits
For Private Schools
For Religious Organizations
For Special Education
Fund Accounting
Fundraising Management
General Ledger
Grant Application Management
Grant Award Tracking
Grant Management
Impact Measurement
Income & Balance Sheet
Inventory Management
Invoice Management
Invoice Processing
K-12
Member Database
Membership Management
Mobile Access
Monitoring
Multi-Currency
Multi-Location
Nonprofits
Payment Processing
Payment Tracking
Payroll Management
Performance Metrics
Planning Tools
Process Control
Profit/Loss Statement
Project Accounting
Purchase Order Management
Purchasing & Receiving
Real Time Data
Real Time Reporting
Receipt Management
Records Management
Reporting & Statistics
Reporting/Analytics
Scenario Planning
Self Service Portal
Template Management
Third Party Integrations
Transaction History
Vendor Management
Visit WebsiteCompare App

Blackbaud Financial Edge NXT Feature Reviews

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

Steve C.

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
Anonymous
(Nonprofit Organization Management company, 11-50 employees)

Financial NXT is a must!

2018-12-14

We use multiple Blackbaud products within my company, including Raiser's, NXT which is very intuitive, WordPress, TeamRaiser, Merchant Services.

Pros

They give you the ability to customize your dashboard and views.

Cons

All Blackbaud products are very pricey but it's worth the cost. We use so many different Blackbaud products. Customer service could be improved. They send you lots of video tutorials and knowledge base articles and some of the features are kind of cumbersome to understand.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
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Elaine T.

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
Victoria W.

Financial Edge is indispensible for us

2020-10-30

We also have been able to do much more efficient and flexible reporting to business units (detail) and to board management (summary).

Pros

The NXT online service is very easy to use and very flexible to our needs for reporting.

Cons

But it's overall so easy to use that we can live with the small tweaks for now.

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: Software Advice
Helpful?   Yes   No
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Yanli Z.

Financial Edge for Non-profit

2017-01-20

I have been using this product for several months. It is a great product, I really like it.

Pros

The product has a lot of features for fund, grant and project management which is totally necessary for our organization.

Cons

I like the import feature for any module, however the data has to be in csv file, you end up to switch from excel and csv a lot.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
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Chelsea W.

Good software

2018-10-31

I need the numbers to be easy to find and correct.

Pros

I like the ease of use of this product for financial management. It is simple and to the point with easy page to page layouts.

Cons

It gets the job done but doesn’t have any wow factors or a very visual appealing interface.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
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Gregory S.

A step in the right direction

2017-05-23

We no longer have to generate reports for each individual department manager at the end of each month now that they have access to them 24/7.

Pros

- Access anywhere from any device - Drill down capabilities - Easy report creation - Sleek desktop design

Cons

- Needs more concise mobile interface - Can take some time to load information - Inability to schedule report runs

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
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Melissa L.

2013-04-25

The combination of Raiser's Edge and Financial Edge creates a seamless process between constituent (donor) management, including contributions and the subsequent recording in the financial software.

Rating breakdown

Ease of use
Features
Customer support
Source: Software Advice
Helpful?   Yes   No
Read more
Latonya B.

Streamlined Accounting

2018-06-15

I am positive this tool will be the excellent complete package once the transition in completed!

Pros

-Ease of Navigation -Intuitive -Multi-level Filtering on Displays/Dashboards -Detailed Filtering in reporting -Ease of Report Export -Inclusion and detail of Accounts Payable Subsidiary Ledger (Module)

Cons

-Slower transition from Database version, forcing the switch between the two versions to complete all tasks.

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: Software Advice
Helpful?   Yes   No
Read more
Daniel W.

Full featured software but not cheap

2018-07-16

Pros

Great functionality, and able to handle everything our local non-profit organization needs it to do, including integration with the donor management side, Blackbaud Raisers Edge.

Cons

The desktop version is being phased out with customer support and account reps strongly encouraging a move to the web based version, which is in fact more user friendly (per the demos I've seen) but is also more expensive, and it already was not cheap.

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: Software Advice
Helpful?   Yes   No
Read more
Angelo D.

Raiser Edge Platform

2017-03-01

Raiser's Edge is a very useful tool for any Non-Profit Business owner who wants to keep track of their donation and any important contact in the database.

Pros

I like how easily it can track donors donation and give us a complete data of the earnings for the month

Cons

It would be nice if we can scan a business card and easily enable to automatically populate the person information in the system

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: Software Advice
Helpful?   Yes   No
Read more
June S.

Accounting Support

2017-05-30

The exporting from the cloud requires multiple steps.

Pros

The dashboard and real time updates enable us to get an accurate update on accounts.

Cons

Exporting excel spreadsheets and crystal reports is an issue.

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: Software Advice
Helpful?   Yes   No
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Anonymous
(Philanthropy company, 11-50 employees)

FE and RE are standards for managing your data

2018-03-07

Without these we wouldn't be able to interact successfully and efficiently with our clients, donors and partners.

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
Rebekah S.

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 N.

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
Karyn B.

Blackbaud Financial Edge is easy to use.

2017-05-18

Pros

Financial Edge is user friendly, and offers a variety of customizable reporting formats.

Cons

We recently upgraded to a hosted database from housing on our own server.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Sharon E.

Maximizing Time and Effort - Minimizing Paper

2018-06-26

If you are having issues, contact support staff.

Pros

We came on board with expert advice from BB and created a cohesive database that allows us to close the month within two-three days.

Cons

A few spotty delays when I an running an exceptionally detailed report as you watch the Jeopardy button go around in circles.

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: Software Advice
Helpful?   Yes   No
Read more
Tina P.

Great Product That's Getting Better

2020-02-04

Pros

Easy to use Wide range of training available Excellent customer support

Cons

Expensive Exporting reports and spreadsheets is cumbersome

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Sara S.

Financial Edge Review

2016-02-24

Pros

I like the dashboard feature the best.

Cons

I can't seem to get certain reports to work

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Likelihood to recommend

7/10

Recommendations to others considering Blackbaud Financial Edge NXT

If you have a lot of donor restricted funds, make sure to ask plenty of questions to fully understand how to separate donor restricted from unrestricted funds.

Source: Software Advice
Helpful?   Yes   No
Read more
Robert E.

Blackbaud Financial Edge (BBFE)

2016-10-04

Being able to push data in and exporting data out are 2 features that are usually very important, and BBFE mostly does that well.

Pros

Exporting data is easy, so long as the export you are looking for is available.

Cons

Exports: the data exports are not true sql type, but are a simplified version, which is sometimes adequate.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

6/10

Recommendations to others considering Blackbaud Financial Edge NXT

My advice is to look very carefully and vet the software very carefully for your specific needs before you buy. Don't simply allow vague assurances of business rule enforcement or of reporting greatness to hurry you to sign on the line. Not only should you be able to replicate your existing functionality, but you should be able to gain functionality that will increase efficiency. Only careful and thoughtful analysis will help here. Make sure that your consultant understands the importance of completing tasks early--if the consultant's perspective of "go live is the date we really knuckle down" and that doesn't match yours, your conversion will be very stressful as you anticipate the approaching go live date and compare it with your to-do list.

Source: Software Advice
Helpful?   Yes   No
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Candace C.

Financial Edge, Student Billing and Raiser's Edge - Powerful Tools!

2015-05-20

Pros

The Student Billing module allows a school to record all payment activity for a student and tie that directly to the GL.

Cons

I have encountered many organizations that purchased Blackbaud Software without being properly trained. As a result, they become frustrated with the product which leads to negative comments. The sales reps should not be allowed to sell the software without a training package included.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Likelihood to recommend

10/10

Recommendations to others considering Blackbaud Financial Edge NXT

Take training! No matter how smart you are - you will learn something. The complexities of this program allow for very detailed and complex reporting. While it may seem like you can "teach yourself" - I don't recommend it. You will have a much more productive use of your software if you invest in training.

Source: Software Advice
Helpful?   Yes   No
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Karen T.

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
Kenton S.

Good product - backward implementation

2021-02-25

They should have allowed us to use our own data in a "sandbox" model to learn how things work.

Pros

I love the fact that you can create journal entries and invoices and include that information in reports before posting them.

Cons

The database view is archaic and not user friendly.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Daily

Likelihood to recommend

7/10
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
Mark W.

Very good software for nonprofits of all sizes

2016-10-27

I have used Financial Edge 7 for Nonprofits after having used QuickBooks Online, Abila (fka Sage), and Microsoft GP Dynamics for nonprofit financials.

Pros

Intuitive mapping of how to complete processes, dynamic reporting and general ledger options, excellent support.

Cons

No ability to "drill down" into reports (something that is fixed in Financial Edge NXT), some slower processes in general.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Daily

Likelihood to recommend

7/10

Recommendations to others considering Blackbaud Financial Edge NXT

Blackbaud is moving its support and development fully into Financial Edge NXT. Watch for new developments in the software as they continue to release new features.

Source: Software Advice
Helpful?   Yes   No
Read more