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Blackbaud Financial Edge NXT Logo

Blackbaud Financial Edge NXT

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Cloud fund accounting software for social good organizations

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Blackbaud Financial Edge NXT Pricing, Features, Reviews and Alternatives

Blackbaud Financial Edge NXT FAQs

Q. What type of pricing plans does Blackbaud Financial Edge NXT offer?

Blackbaud Financial Edge NXT has the following pricing plans:
Starting from: $0.01/year
Pricing model: Subscription

These products have better value for money


Q. Who are the typical users of Blackbaud Financial Edge NXT?

Blackbaud Financial Edge NXT has the following typical customers:
Large Enterprises, Mid Size Business, Non Profit, Public Administrations, Small Business


Q. What languages does Blackbaud Financial Edge NXT support?

Blackbaud Financial Edge NXT supports the following languages:
English


Q. Does Blackbaud Financial Edge NXT offer an API?

Yes, Blackbaud Financial Edge NXT has an API available for use.


Q. What other apps does Blackbaud Financial Edge NXT integrate with?

Blackbaud Financial Edge NXT integrates with the following applications:
Blackbaud Raiser's Edge NXT


Q. What level of support does Blackbaud Financial Edge NXT offer?

Blackbaud Financial Edge NXT offers the following support options:
Email/Help Desk, Phone Support, FAQs/Forum, 24/7 (Live rep), Knowledge Base, Chat

Blackbaud Financial Edge NXT product overview

Price starts from

0.01

Per year

What is Blackbaud Financial Edge NXT?

Financial Edge NXT is cloud-based fund accounting platform designed specifically for small to large nonprofits and government entities that enables users to support fundraising efforts, and monitor and track program success in a single platform. Accounting teams are able to efficiently manage transactions, securely share information, and eliminate manual processes, as well as drive transparency and financial control using advanced financial reporting tools.

Key benefits of using Blackbaud Financial Edge NXT

  • Simplify fund accounting and efficiently manage complex reporting requirements and maintain a streamlined chart of accounts with Financial Edge NXT's flexible general ledger structure.
  • Streamline communication across the entire organization and eliminate duplicate data entry with Blackbaud's ERP which helps automate information flow between offices.
  • Review critical information using Blackbaud's configurable dashboards and custom reports, and get a more detailed look at transactions for financial planning and analysis.
  • Limit the need for spreadsheets by storing all grant related data within a single system and complete all grant administrative tasks in one place.
  • Manage accounts payable, accounts receivable, and cash flow with efficient workflows to ensure the organization's spending policies are enforced and reduce time consuming manual processes.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    Email/Help Desk
    Phone Support
    FAQs/Forum
    24/7 (Live rep)
    Knowledge Base
    Chat

    Training options

    Documentation
    Live Online
    Videos
    Webinars
    In Person

    Not sure about Blackbaud Financial Edge NXT? Compare it with a popular alternative

    Blackbaud Financial Edge NXT logo

    Blackbaud Financial Edge NXT

    4.2
    (166)

    Starting from

    0.01

    Per year

    Free plan
    Free trial
    Pricing range

    Starting from

    ic-pricetag

    No pricing info

    Free plan
    Free trial
    Pricing range
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    Value for money
    Customer support
    Ease of use
    Value for money
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    Why am I seeing this?

    Blackbaud Financial Edge NXT pricing information

    Value for money

    3.7

    /5

    166

    Starting from

    0.01

    Per year

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    Blackbaud Financial Edge NXT features

    Functionality

    4.1

    /5

    166

    Total features

    53

    7 categories

    Most valued features by users

    Reporting & Statistics
    Donor Management
    Activity Dashboard
    Customizable Reports
    For Nonprofits
    API
    Accounting
    Accounts Payable

    Functionality contenders

    Blackbaud Financial Edge NXT users reviews

    Overall Rating

    4.2

    /5

    166

    Positive reviews

    89

    %

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend7.97/10
    Rating distribution

    5

    4

    3

    2

    1

    76

    72

    11

    3

    4

    Pros
    The NXT online service is very easy to use and very flexible to our needs for reporting. The support is good, most reps are very responsive and I love Blackbaud University.
    The integration between Altru (our sub-ledger), BB Merchant Services and FE/NXT is superb in my opinion. You have the ability to track a transaction backwards and forwards.
    I like the ease of logging in. I also like the clean looking interface, and am looking forward to more options to come.
    Cons
    There are so many tabs and fields, and they can get very confusing. Also, there are some required fields that can be frustrating (I might not know the gender of a child with a gender neutral name).
    Once blackbaud lures you in you are trapped, then they raise the prices , sometimes by three times the original amount, and your company suffers.
    You are not able to use papersave with it just yet so the drag and drop/ upload feature is obsolete to me.

    Overall rating contenders

    CF
    AvatarImg

    Cain F.

    Civic & Social Organization,

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend10/10

    Share this review:

    The best nonprofit accounting software, period.

    Reviewed 8 years ago
    Pros

    FE is quite flexible, especially its chart of accounts and the number of segments you can report on. Setup is easy, and unlike other packages, you're not glued to what you set up originally. If down the road you find you need to add a segment to your chart of accounts for reporting purposes, you can do that on the fly. And you don't need to be concerned at set-up with adding future account segments. But make no mistake: you've got to have a basic understanding of accounting in order to appreciate this product for all it can do. Customer support, through annual maintenance contracts, is excellent.

    Cons

    I too would like to be able to export financial reports into Excel without having to re-format when I get to Excel. That's a mild inconvenience, but there are times when you want to put stuff, data onto financial reports that can't get there any other way than through manipulation in Excel.

    RE
    AvatarImg

    Robert E.

    Philanthropy, 11-50 employees

    Used daily for less than 6 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend6/10

    Share this review:

    Blackbaud Financial Edge (BBFE)

    Reviewed 8 years ago

    BBFE has both strengths and weaknesses, as might be expected. It is a true fund accounting software with the ability to handle thousands of funds. Being able to push data in and exporting data out are 2 features that are usually very important, and BBFE mostly does that well. BBFE allows for attaching various homegrown codes to the data at the fund, account, and transaction level. This is not a panacea but can be helpful. The software can be used in a fairly high volume a/p environment and the g/l functionality is also pretty good.

    Pros

    Exporting data is easy, so long as the export you are looking for is available. Importing fund codes is do-able but may require some significant preparation of the upload. BBFE allows for a seemingly unlimited amount of codes to be attached to funds, accounts, and transaction lines. This is very helpful. BBFE has some built in custom reporting facilities that can be helpful. BBFE has a detailed security model that can help with internal controls.

    Cons

    Reports: many of the builtin reports do not contain running totals and grand totals as well as header information page-to-page as one would like. Exports: the data exports are not true sql type, but are a simplified version, which is sometimes adequate. You might need another sql facility to adequately access the data and control the data joins. BBFE imposes credit memos and disallows negative invoices--depending...

    AM
    AvatarImg

    Angie M.

    Philanthropy, 501-1,000 employees

    Used daily for 1-2 years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend3/10

    Share this review:

    FE- no thanks!

    Reviewed 6 years ago

    We were pushed into FE after our original program, Fundware, was "sunsetting". In hindsight, we should've researched other programs before settling with this one.

    Pros

    I guess if not being "too complex" is a pro, that would be it for Financial Edge. It is a simple product and doesn't have too many bells and whistles so its pretty easy to pick up on.

    Cons

    Hmm where to being.... I will preface this by saying that our implementation of FE was a nightmare. They had people leaving the company left and right and in our 3 month implementation and data conversion, we were passed along to 3 different Project managers. Because of this we were playing a constant game of catch up and I don't think we were ever really given a good training of how to use the product....

    GH
    AvatarImg

    George H.

    Education Management, 1,001-5,000 employees

    Used weekly for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    Financial Edge - the application that works with Raiser's Edge

    Reviewed 5 years ago

    Overall, FE is a good application if you are already RE but do not have an existing accounting application. If your organization is small and do not have an IT team, then look at Blackbaud to host your RE and FE applications and let the professionals take care of your application hardware infrastructure.

    Pros

    If you are using Blackbaud's Raiser's Edge (RE) software and need another application to perform accounting functions, Financial Edge (FE) is the application that will take care of Vendor tracking, A/R, A/P, etc. Rather than using another accounting application (ie. Quickbooks), Financial Edge integrates with Raiser's Edge. When you post gifts from Raiser's Edge, it goes over to Financial Edge and updates the information. The information for batch number, Appeal, Funds, Campaign migrate over to FE from RE. The user interface, look and feel between Financial Edge and Raiser's are the same. If you know RE, then FE will be easy to catch on. If you are hosted by Blackbaud, then you will be looking for FE/NXT

    Cons

    While there is a lot of integration from RE to FE, this comes at a cost. The FE application is expensive compared to other financial applications. If you are hosting FE on-premise, I believe Blackbaud charges by the number of users. You also need to a server with SQL to run FE. This is not like QuickBooks which can install on a local PC. If you are hosted by Blackbaud, then you will be looking at FE/NXT and again price will your main concern.

    JP
    AvatarImg

    Jeremiah P.

    Nonprofit Organization Management, 51-200 employees

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

    Share this review:

    Financial Edge User

    Reviewed 7 years ago

    I have been using Financial Edge for almost four years now and the the strides they have made from my first impression to now are outstanding. When I first started my job I was thrown into the systems and provided little training and while the system (Accounts Payable, General Ledger) were easy to learn they were a little clunky looking and the features that made them powerful (attributes, global...

    Pros

    New functionalities being rolled out that allow us to use more systems working together instead of isolated. Community boards to allow users to make suggestions and learn from each other.

    Cons

    That NXT is not complete yet (but I understand why and agree with their methodology). Customer support can be clunky at times when the first person is not able to help you.

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