Financial Edge NXT® vs. Sage Intacct

Accounting for nonprofits. No workarounds needed.

Request a Demo    Ask About Pricing

Cut the spreadsheet chaos and compliance headaches with purpose-built fund accounting software.

One System for All Your Revenue Sources

Seamlessly track and report on grants, endowments, program fees, and donations in one place.

Clear Transparency for Restricted Funds

Track spending by funds to ensure—and easily show—that usage reflects funder intent, such as with reimbursable grants and government contracts.

Purpose-Built Reporting for Nonprofits

With native reports built just for non-profits, your teams are ready to act—right out of the box with no custom builds needed.

quotes

…[Financial Edge NXT] is so easy to use and has the depth to pull all the reports I need in multiple levels of detail. It is easier to use than my beloved Sage product.

Lynne Ryan

Chief Financial Officer,
United Way of Central New York
TrustRadius Reviewer

Feature-rich for Nonprofits

Here’s how Blackbaud Financial Edge NXT® compares against Sage Intacct:

Blackbaud
Financial Edge NXT®

Sage Intacct

Natively Configured for a Nonprofit

Accounting for nonprofits is more complex than for-profit accounting because of external restrictions on how money is spent. No tricking, rigging, or augmenting to support basic nonprofit needs.

GAAP Compliant Fund Accounting

Perpetual and continuous accounting for nonprofit restricted revenue streams and programmatic spending complexity.

Detailed Subfund Records (Grants, Restricted Funds, Endowments)

Subfund records facilitate proper accounting for equity retention YoY for restricted revenue streams, PLUS enhanced record keeping of related qualitative information (including documents & tasks).

Restricted Revenue and Expense Internal Controls

Native ability to prescribe valid (& invalid) coding combinations (programs, funding sources, locations, departments, projects, restrictions, classes) to strengthen & automate accounting controls.

Budgeting at the Subfund Level

Includes projects, grants, endowments, and restricted funds. Cross fiscal year budgeting to match funder requirements.

17 standard, user-defined “Dimensions” including required Donor Restriction Classes

Don’t pay more to try to manage the inherent complexity in nonprofit accounting. Avoid additional costs for extra dimensions and report customization services to make a for-profit solution “work.”

Templated Nonprofit-specific Financial Statement and Compliance Reporting

Configurable, “out-of-the-box” reporting versus expensive vendor or third-party written custom reports that require significant ongoing maintenance.

Automated Interfund Entries

Facilitates balance sheet accounting, automated release from restriction and reporting on activity between funds.

Standard, Out-of-the-Box Encumbrance Accounting

Restricted Revenue is not fungible. Preventing inadvertent overspending is critical. You shouldn’t have to rig your system using “tax books” to properly track spending commitments or obligations.

quotes

Financial Edge NXT is very well suited for not-for-profit organizations. It has the capability to implement "projects" for various grants or funding opportunities so that expenses and other information can be tracked and maintained easily.

Lisa Andrew

Chief Financial Officer,
 Prevention First
TrustRadius Reviewer

Don’t Settle for a One-Size-Fits-All Solution.

Nonprofit organizations have specialized accounting requirements that for-profit businesses do not.
Shouldn’t your accounting system be specialized too?

  • On TrustRadius*, 100% of the Financial Edge NXT reviews come from the nonprofit and similar sectors, while only 24% of Sage Intacct reviews come from these same sectors. Trust the proven solution.
  • Sage Intacct serves various industries including construction, energy, retailers, wholesalers, and others in the for-profit sector. You deserve a solution built specifically for your nonprofit needs, not a one-size-fits-all.
  • Blackbaud is fully devoted to supporting nonprofit accounting and your mission with Financial Edge NXT.  Commercial, for-profit oriented solutions like Sage Intacct will likely always prioritize business customers over nonprofit organizations.

*TrustRadius research team analysis based on research across publicly available sites and analysis of TrustRadius data as of 7/18/23.

A donut chart of customer breakdown for Financial Edge NXT vs. Intacct. For Financial Edge NXT, most of our customers are in the nonprofit sector (71%), whereas for Intacct, most of their users are in the corporate/ business sector (75%).

Top non-profits trust Blackbaud for their fund accounting.

Get a customized demo of Financial Edge NXT

You’ll learn how Blackbaud is the best choice for complete fund accounting.

All fields required

Thank you for your inquiry.

A Blackbaud representative will be in touch with you shortly.

Prefer to chat now?

Click here if you’d like to speak directly to a Blackbaud representative, today.