Fund Accounting

Streamline financial processes at your organization with a natively nonprofit experience.

High-impact organizations choose Blackbaud.
Read these stories and more in our customer story showcase.

Why nonprofits need fund accounting software.

Nonprofits are held to a high standard of accountability and transparency and are required to comply with industry accounting and reporting standards to maintain nonprofit status. Commercial accounting systems are ill-equipped to meet these needs, resulting in inefficient processes, error-prone data, and lack of internal controls. Effective management of diverse revenue streams requires a solution tailored to the unique needs of nonprofits.

Blackbaud’s purpose-built fund accounting solutions enable your organization to:

  • Track and report on transactions by net asset class to maintain FASB compliance
  • Maintain a clean account structure with the ability to capture program, grant, and department information unique to your organization
  • Govern your financials—from user-specific access rights to powerful approval controls—so you can rest assured that your data is secure
  • Easily manage unique financial reporting requirements and demonstrate stewardship of contributed funds
  • Give managers and users access to actionable data to drive strategic decision making

With an emphasis on transparency and stewardship, Blackbaud's fund accounting solutions allow organizations to appropriately allocate, track, and report on funds based on donor-imposed restrictions to maintain compliance and demonstrate accountability.

Solutions for Fund Accounting

Blackbaud Financial Edge NXT

A complete cloud-based fund accounting solution designed for nonprofits and government entities.

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Blackbaud Donor Central

Online portal providing access to account and grantmaking information and enabling donors to suggest grants anytime, anywhere.

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Blackbaud FIMS

Fully-integrated foundation management system.

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Resources for Fund Accounting

Ready to learn more?

Contact us today to learn more about the cloud solution for fund accounting.

 

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