Blackbaud Financial Edge NXT
About Blackbaud Financial Edge NXT
Awards and Recognition
Blackbaud Financial Edge NXT Pricing
Contact Blackbaud for detailed pricing information.
Starting price:
$0.01 per year
Free trial:
Not Available
Free version:
Not Available
Most Helpful Reviews for Blackbaud Financial Edge NXT
1 - 5 of 166 Reviews
Cain
Philanthropy, 2-10 employees
Used more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed March 2018
Financial Edge - Hands Down the Best Nonprofit Accounting Package
Listen, price is always a concern, but so is the time you'll spend manipulating reports in Excel when you work with lesser software packages. I guarantee you, pit me on Financial Edge against an accountant on any other software, and I can get the job done at least twice as fast, and if it's QuickBooks, five times as fast, and without ever having to go into Excel to do anything.
PROSI've worked with Blackbaud's Financial Edge for over 2 decades now (even back when it was called Accounting for Nonprofits), and it's the best for nonprofit accounting. Its chart of accounts can be changed at any point to accommodate as many segments as you need (I have worked with as many as 4 segments), and reporting of any kind is easily accomplished with the variety of accessible reports and queries. A lot of journal entries that you'd need to create in other software packages are easily handled through invoice entry in accounts payable, at the time of invoice entry, through miscellaneous distributions. Customer service is excellent as well.
CONSThe annual support for customer service is a bit pricey, and designed to keep you on the hook forever (if you don't pay for a year, because you don't think you will need support - and after the first year or two you may not - as soon as you need support, you've got to pay a large percentage of all the years you missed). Not a con, but Blackbaud's products get a bad rep from bookkeepers who are more used to the silliness of QuickBooks than the accountant's dream that Financial Edge really is.
Tim
Non-Profit Organization Management, 51-200 employees
Used daily for less than 12 months
OVERALL RATING:
4
EASE OF USE
4
FUNCTIONALITY
4
Reviewed June 2021
User review
Has been positive but still learning the system since "go-live" migration about 7 months ago.
PROSMigration from previous version was seamless along with BB team to assist where needed. Ability to "copy previous" is very helpful. Helpful training opportunities via on-demand or BB U taught courses. BB support is usually always quick to reply & direct when needed.
CONSUnderstanding parameters that need to be set (i.e. post, etc.) can be confusing. BB support does not seem to have access to your org file when issues arise...that was a bit shocking. I would think behind the scenes that would be able to access & walk through critical problems that need to be addressed. I realize it may be a data security issue but having to add a BB staff as user seems akward.
Reason for choosing Blackbaud Financial Edge NXT
Price consideration & need to migrate to cloud around Covid shutdown.
Anonymous
51-200 employees
Used daily for more than 2 years
OVERALL RATING:
2
EASE OF USE
2
VALUE FOR MONEY
1
CUSTOMER SUPPORT
1
FUNCTIONALITY
3
Reviewed June 2022
The product you are sold is probably not what you will actually get
Our experience with FENxt has really been terrible. It is soooo slow. Features we were promised at implementation do not work or have never been rolled out (where is A/R??). It does not sync with our bill pay system (we were told it would!) so bills have to be manually entered into two systems. It takes a very long time for support and usually the ineffective solution is that we should clear our cookies or history, or we are sent something to read. One of our databases has had problems from the start. Every excel report has to be reformatted to be useful.
PROSIt is good to have project tracking capabilities and to have the ability to work from home if needed.
CONSThe sales team will give you a lot of promises that are not reality. The biggest overall problems are how slow the system is, and features we were promised that never happened.
Reason for choosing Blackbaud Financial Edge NXT
We thought that we were making an investment in a system that would improve the efficiency of our organization.
Reasons for switching to Blackbaud Financial Edge NXT
We switched in hopes of a better system with more integration and easier intercompany transactions.
Sharon
Philanthropy, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed June 2018
Maximizing Time and Effort - Minimizing Paper
If you are having issues, contact support staff. Work with them. If you need to refine your initial setup do so earlier than later, you will appreciate it the long run.
PROSThe integration between Altru (our sub-ledger), BB Merchant Services and FE/NXT is superb in my opinion. You have the ability to track a transaction backwards and forwards. We use the visual chart feature to create our budget in five different views - relating to the grants we are using, thereby eliminating errors in data collection by excel spreadsheet creations not getting updated. Someone mentioned that thinking about the creation of your organization and GL was a big con for them. I disagree. We came on board with expert advice from BB and created a cohesive database that allows us to close the month within two-three days. I think the effort that is put into creating a tool should be as important as the information that you hope to receive from its use.
CONSA few spotty delays when I an running an exceptionally detailed report as you watch the Jeopardy button go around in circles.
Elaine
Non-Profit Organization Management, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2017
Financial Edge has given us an edge up
Financial Edge has been a great experience; we have streamlined data processes and improved our reporting cabability more than 10 fold. We love the project and grant data management pieces as well. The newest addition of Credit Card payment/processing has been a WONDERFUL thing for our office. Our CFO and Accounts Payable Staff can easily see where we are at any given moment in regards to AP/AR balances. Paying invoices is really easy and the load from tables funcationality for GL Disbursments is helpful as well. Financial Edge also has the capabilty to create recurring invoices for those AP invoices that are the same month after month. We are integrated with Raiser's Edge as well and that process is very easy as well.
PROSEase of use in Query and Report Parameters
CONSSome of the more intricate invoices can be cumbersome, but that is only for a few items that we have. I wish the Vendor integration with Raiser's Edge was more robust, but it works for us ok.