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Blackbaud Financial Edge NXT: Cloud Fund Accounting Software

Move your mission forward with cloud accounting software for nonprofits. ​

Empower your finance team with fund accounting software designed specifically to meet the unique needs of nonprofits and government entities. Blackbaud Financial Edge NXT enables you to manage financial reporting, monitor and track program success, and support fundraising efforts all in one system built to ensure the overall integrity of your organization. Intuitive, reliable, and secure, Blackbaud Financial Edge NXT can help streamline financial processes at your organization, so you can spend more time and resources to deliver on your mission.

Nonprofit General Ledger

Simplify fund accounting with our flexible General Ledger structure, so you can efficiently manage even the most complex reporting requirements. Blackbaud Financial Edge NXT delivers a combination of powerful tools—from account segments to transaction characteristics—to deliver an experience that’s tailored to your unique business processes, while providing control and simplicity that commercial systems can’t offer.

  • Maintain a streamlined account structure with the ability to capture transaction details by project, grant, department, or other characteristic outside your chart of accounts
  • Require funds to balance by project, grant, or other characteristic without the need for manual spreadsheets
  • Change financial statement groupings in seconds to seamlessly adapt to changes in funder requirements

ERP for Nonprofits

Streamline communication across your organization with Blackbaud's ERP for nonprofits. Blackbaud Financial Edge NXT delivers complete integration with your other favorite Blackbaud solutions, including Blackbaud Raiser’s Edge NXT™, reducing the potential for error that comes with duplicate data entry processes between systems.

  • Automate information flow between your business and development offices
  • Eliminate duplicate data entry and maintain a tight audit trail
  • Improve donor transparency with dozens of customizable report templates

Internal Controls and Compliance

Demonstrate your commitment to ethical accounting practices with industry-leading control tools to prevent fraud, wasteful spending, breach of policy, and other destructive behavior. Blackbaud Financial Edge NXT bolsters your organization's policies to help make your desired control environment a reality.

  • Structure the control environment to fit your organizational needs
  • Enforce your control activities through automated workflows
  • Monitor ongoing activity to gauge how your controls are impacting real behavior

Financial Planning and Analysis

Budget years into the future so your organization can prioritize its expenditures, assess its funding needs, and make comparisons across fiscal years. Configurable dashboards, in-depth records, and custom reports allow you to quickly review critical information and drill down for a more detailed look at the transactions that are driving results.

  • Create multiple “what if” budget scenarios, and monitor budget versus actual performance to measure the impact of potential change
  • Quickly update out-of-the-box FAS 116 and 117 compliant reports and dozens of nonprofit-specific report templates to meet your requirements
  • Easily share presentation-ready reports with team members and non-financial users across your organization

Grant Accounting

Track and report revenue and expenses at the grant level without creating complexities in your account structure. Detailed grant records provide fields that allow you to track your grants by type, status, amount, and start/end dates. Store grant related information in one place—such as grantor contact details, grant budgets, reimbursable expenses, and more—so you never have to hunt for files again.

  • Manage grant activity using customizable date ranges, not organizational fiscal year
  • Complete grant administrative tasks within one system—limiting the need for spreadsheets and reducing costly errors

Working Capital and Expense Management

Effectively manage your cash flow, accounts payable, and accounts receivable with efficient workflows, automated approvals, and other time saving functionality. And with Expense Management in Financial Edge NXT, you can eliminate time- and resource-consuming manual processes, while automatically ensuring your organization's spending policies are applied and enforced.

We’re committed to your success every step of the way.

When you partner with Blackbaud, you gain access to benefits that reach far beyond our award-winning software solutions. As the world’s leading software company powering the social good community, we are committed to helping you achieve success through our software, services, expertise, and data intelligence. Our proven implementation approach combines expert knowledge and best practices to provide you with a structured framework that’s consistent, reliable, and focused on the critical needs of your organization.

As an ongoing partner, we continue to provide award-winning, expert training and support:

  • Build foundational skills or become a power-user with role-based training paths delivered by Blackbaud University.
  • Our support team is ready to assist you whenever you need some extra help. Just send a chat message to a live analyst directly through Blackbaud Financial Edge NXT.
  • Our active online user community is your place to learn, engage, and connect with more than 40,000 nonprofit professionals.
 
 

Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company powering social good. Serving the entire social good community—nonprofits, foundations, corporations, education institutions, healthcare institutions and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing, and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada and the United Kingdom. For more information, visit www.blackbaud.com.

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