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Financial Edge NXT Nonprofit Accounting Software

Financial Edge NXT

Cloud-Based Innovation, Fund Accounting Expertise

Over 30 years of research and development went into making Financial Edge the most comprehensive, purpose-built fund accounting software for nonprofits. With Financial Edge NXT, we’re bringing this thorough understanding of the unique needs and desires of nonprofits to the cloud, delivering a whole new level of performance and accessibility. Reliable, intuitive, and fully-integrated, our all-in-one solution brings you the most advanced technology and powerful tools to empower transparency, stewardship, and compliance.

Financial Edge NXT At a Glance

Experience the Best Accounting Software for Nonprofits

Leveraging our expertise and experience as the only fund accounting solution designed specifically for nonprofits, Financial Edge NXT delivers the same unparalleled grant management, reporting, budgeting, and expense management as its predecessor but with improved data accuracy and dramatically reduced manual processes and duplicative entry.

  • General Ledger: Use a flexible, user-defined account structure for easy set up and intuitive review. Maintain traditional fund structures you choose, and meet FAS 117 reporting requirements.
  • Project, Grant, and Endowment Management: Extra levels of tracking make it simple to separate and report on activity for all your projects and programs without creating complex account structures.
  • Allocation Management: Benefit from automatic mechanisms for direct and indirect allocations, as well as reallocations.

Inspire Confidence through Streamlined Reporting and Budgeting

Financial Edge NXT brings your organization’s finances into clear view with instant access to real-time information and analytics. Intuitive dashboards, drill-down reporting, and custom layout tools help you focus on the information that’s most important to you, making it easier than ever to gather critical insight needed to inform important decisions for your organization.

  • Reports: Fast, flexible reporting in the cloud allows you to customize formats to your needs and access critical information on the spot.
  • Budget Management: Build complicated budgets with ease while managing multiple years, scenarios, and programs on any time periods.
  • Advanced Budget Management: Take advantage of powerful budgeting as well as in-depth analysis and reporting features, such as statistical accounts and expanded access for budget managers.

Efficiently Run Your Operations

With Financial Edge NXT, your entire team—from the CFO to line accounting roles—can enjoy a highly accessible and user-friendly experience that saves time and makes collaboration easier, all within a modernized interface.

  • Accounts Receivable: Track individual clients, organizations, and funding sources separately.
  • Accounting Queue: Schedule a sequence of tasks that can be executed automatically and unattended.
  • WebInvoicing and WebPurchasing: Exchange information, manage invoice requests, approve expenses, and initiate workflows in real-time through an integrated online portal.

Maintain Data Integrity

Expect a high-performance cloud solution that dramatically eliminates manual processes, reduces your IT burden, and lowers your total cost of ownership. On your behalf, Blackbaud manages, safeguards, and updates the cloud system at no additional cost!

  • Advanced Security: Protect confidential information with full security on accounts, projects, reports, and queries.
  • Raiser’s Edge Integration: The built-in interface helps your business office operate more efficiently and protects the integrity of your data by allowing direct transaction data flow with the world’s leading fundraising database.
  • Secure Cloud Environment: Benefit from Blackbaud’s expertise to keep your data secure and available in our cloud environment.

Understand and Manage Costs

Easy to use and always accessible, Financial Edge NXT will allow you to pay bills efficiently by scheduling even the most irregular payment schedules with ease. Handle multiple payment terms and user-defined schedules for payments. And generate POs easily while allowing for unlimited items per PO or reusing existing PO templates.

  • Accounts Payable: Make payments easier and more efficient, using whatever method you deem best.
  • Cash Management: Manage multiple accounts, and make payment adjustments, account activity, and bank reconciliation with ease.
  • Purchase Orders: Track the order process from the initial requisition through generation of accounts payable invoices.
 
 

Serving the nonprofit, charitable giving, and education communities for more than 35 years, Blackbaud (NASDAQ:BLKB) combines technology solutions and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to support more than 35,000 customers, including nonprofits, K–12 private and higher education institutions, healthcare organizations, foundations, and other charitable giving entities, and corporations.

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