Blackbaud Financial Edge NXT - Pricing, Features, and More
Know what makes Blackbaud Financial Edge NXT such a great nonprofit accounting software, its best features, and what alternatives and add-ons are available.
Blackbaud Financial Edge NXT is cloud fund accounting software for nonprofits, corporations, foundations, and clients in the education and healthcare sectors. Blackbaud Financial Edge NXT is backed by over 40 years of experience in providing financial management solutions to those in the social good space.
If you’re in the market for accounting software for your nonprofit organization, you may have even considered purchasing Blackbaud Financial Edge NXT. But should you? In this post, we’ll explore the company’s history, features, alternatives, and more. Hopefully, by the end of reading it, you’ll have a better idea of whether or not it’s the right choice for you.
The History of Blackbaud Financial Edge NXT
Blackbaud, the company behind Financial Edge NXT, is the world's leading cloud software provider serving those who work toward social good. The company's history can be traced back to 1981, when its founder, UK native Anthony Bakker, developed a computerized billing system for the Nightingale-Bamford School of Manhattan. Soon, Bakker could quit his job as a banker and start his own business, Blackbaud Microsystems.
The company's initial product offering was Student Billing, which was an accounts receivable solution designed for private grade schools. Blackbaud's flagship product, The Raiser's Edge, was developed from its Student Billing product.
Since then, Blackbaud has grown into a publicly-traded company that leads at the intersection of technology and social good, providing cloud-based software solutions, services, expertise, and data intelligence to empower and connect people driving impact for social good.
Blackbaud serves the entire social good community with software solutions for nonproﬁts, foundations, corporations, educational institutions, healthcare organizations, and the individuals who support them.
Blackbaud Financial Edge NXT Pricing
There is currently no published Blackbaud Financial Edge NXT price information available either on the Blackbaud website or any of the popular review websites. However, you can request pricing information by filling out a form on the company's website that states it will calculate the most accurate price for your organization's size and its unique needs.
Blackbaud Financial Edge NXT’s Top Features
Blackbaud Financial Edge NXT promises to provide transparency, security, and compliance while reducing manual processes. This leading nonprofit accounting solution allows users to manage their general ledger, grants, projects, endowments, fixed assets, accounts payable and receivable, banking, and more, from a singular platform.
Blackbaud Financial Edge NXT's customizable views and personalized dashboard allow nonprofit organizations to closely monitor key metrics, such as cash balances, program-to-expense ratios, income statements, and more. With Blackbaud Financial Edge NXT, you'll get real-time reporting with single-click drill-down functionality and exporting capabilities, so your nonprofit can make data-driven decisions in real time.
Users can access grant and project management, allowing for streamlined accounting and effective monitoring. In addition, Blackbaud Financial Edge NXT reduces your tax-exempt organization's dependency on manual processes to improve efficiency and accuracy. Here are their top features:
Blackbaud Financial Edge NXT’s Accounting Limitations
Blackbaud Financial Edge NXT’s Alternatives
Blackbaud is one of the most trusted names in nonprofit finance, accounting, and management software, but it certainly isn't for everyone. Luckily, there are plenty of Blackbaud Financial Edge NXT alternatives available. We’re sharing a few of them below.
Serenic Navigator for NPO
Serenic Navigator, a leading cloud-based ERP designed exclusively for nonproﬁts, schools, and local governments, provides functionality and business insight to support the unique challenges of those organizations. Regardless of whether you represent a large-scale nonprofit organization that provides services worldwide or if you are part of a small to mid-size nonprofit that works regionally or locally, Serenic Navigator is a formidable Blackbaud Financial Edge NXT alternative.
Fund EZ is nonprofit accounting software and an affordable Blackbaud Financial Edge NXT alternative for organizations with limited resources. With Fund EZ, a small nonprofit can get all the tools it needs in a single, convenient, easy-to-use software suite at a price it can afford. Fund EZ helps eliminate the stress and complexity often associated with nonprofit accounting by offering dynamic features and a user-friendly interface.
Sparkrock is a SaaS application integrating workforce and financial management into a single solution. Sparkrock is designed for nonprofit organizations, health and human services organizations, and schools that want predictive control over their funding and operations. Sparkrock helps nonprofits become more cost-effective by increasing overall efficiency and productivity. Sparkrock also features customization options for the unique needs of your organization.
SendGrant - The Latest and Greatest Add-On on the Market
If you are considering Blackbaud Financial Edge NXT or one of its competitors and represent a nonprofit organization that distributes grant payments or scholarships, you may want to consider SendGrant, a nonprofit grant payment software solution specifically designed for nonprofit organizations. SendGrant is backed and built by the team behind the popular SmarterSelect scholarship and grant management software.
If your nonprofit organization is looking to streamline its scholarship and grant management and distribution, SendGrant offers the ideal solution to meet your needs. You can get started today by joining the SendGrant Pre-Launch!
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