ABBYY FlexiCapture vs. Blackbaud Financial Edge NXT

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ABBYY FlexiCapture
Score 7.9 out of 10
N/A
ABBYY FlexiCapture is an Intelligent Document Processing platform that aims to bring together NLP, machine learning, and recognition capabilities into a single, enterprise-scale platform to handle every type of document, from simple forms to complex free-form documents, and every job size, from ad hoc single documents to large batch jobs requiring tough SLAs. Orchestrating the process from acquisition to delivery, FlexiCapture feeds content-driven business applications such as RPA and BPM, to…
$29.99
per month
Blackbaud Financial Edge NXT
Score 7.6 out of 10
N/A
Financial Edge NXT is a cloud accounting solution tailored for nonprofits that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. It offers real-time reporting, with one-click drill-down functionality and export capability.N/A
Pricing
ABBYY FlexiCaptureBlackbaud Financial Edge NXT
Editions & Modules
500 Pages
$29.99
per month
2,000 Pages
$99.99
per month
5,000 Pages
$199.99
per month
10,000 Pages
$299.99
per month
No answers on this topic
Offerings
Pricing Offerings
ABBYY FlexiCaptureBlackbaud Financial Edge NXT
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsBlackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.
More Pricing Information
Community Pulse
ABBYY FlexiCaptureBlackbaud Financial Edge NXT
Top Pros
Top Cons
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ABBYY FlexiCaptureBlackbaud Financial Edge NXT
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Medium-sized Companies
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No answers on this topic

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User Ratings
ABBYY FlexiCaptureBlackbaud Financial Edge NXT
Likelihood to Recommend
7.7
(2 ratings)
7.7
(137 ratings)
Likelihood to Renew
-
(0 ratings)
7.5
(13 ratings)
Usability
-
(0 ratings)
7.9
(9 ratings)
Support Rating
-
(0 ratings)
6.3
(13 ratings)
Implementation Rating
-
(0 ratings)
6.5
(7 ratings)
User Testimonials
ABBYY FlexiCaptureBlackbaud Financial Edge NXT
Likelihood to Recommend
ABBYY
It is well suited for unstructured documents and automates the scanning operations where users are scanning thousands of documents on a daily basis and process them in the existing line of business application, or it is well suited for the RPA operations where ABBYY FlexiCapture extracts the output of extracted data in Excel, CSV or XML, and RPA applications parse those data and take it into other applications.
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Blackbaud
Blackbaud Financial Edge NXT is great for an independent/private school. It integrates well with enrollment and student information systems sold by Blackbaud. For example, you could send data from the student information system straight into the Blackbaud Financial Edge NXT. The caveat of course is that you would need to be using other Blackbaud products to leverage this integration. However, all Blackbaud products utilize open APIs so with a little programming, one can share data across many systems.
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Pros
ABBYY
  • Integration with workflow tolls
  • Auto data extraction
  • Business rule setup
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Blackbaud
  • Uploading and inputting information is easy due to a clear format and outline.
  • Researching and finding past information is quick and easy to navigate due to searching and filtering options as well as the ability to name the files for quick searches.
  • Pulling project titles and accounts - you can have a large amount of projects and accounts and are able to know them through the system without having to memorize each individual title.
  • Being able to export a general ledger for an account to excel while still being formatted correctly.
  • Having the ability to filter in what transactions are pulled in the general ledger. You are able to easily look at all the activity or only activity in a certain time frame or other specific filters.
  • There is always access to help from Blackbaud services for any sort of difficulty.
  • Learning and the ability to attend Blackbaud classes are readily and easily available so you can increase your knowledge and ability to serve well in your organizations' role.
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Cons
ABBYY
  • Although the back-end of the application is very strong, if it can have a visual workflow for defining tasks like scanning, verification and etc., it will be better.
  • Reporting feature should be enhance more on web
  • Although the result of Arabic Text extraction is very good in ABBYY, if they can focus more on different types of Arabic Fonts, it will be better
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Blackbaud
  • Takes some time to set-up for an organization and there is a learning curve
  • Features & updates are constant due to the online cloud nature. An option to update certain features on demand would be nice or an option to delay.
  • Certain credit card bank feeds are not currently compatible
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Likelihood to Renew
ABBYY
No answers on this topic
Blackbaud
BB seems to forcing changes on customers at a faster rate. This company needs stability because it is understaffed in accounting. There isn't time to drop everything and work up workarounds or even try to judge effects. There also isn't the time to find a replacement suite unless things get really bad.
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Usability
ABBYY
No answers on this topic
Blackbaud
I don't have much to compare it to but if I speak of just the reporting options; sometimes there are so many options I spend more time finding the "perfect" report when a basic report with minimal columns is needed. But I know I can always add to the report if asked.
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Support Rating
ABBYY
No answers on this topic
Blackbaud
No one is perfect, but this support team is as close as it gets. They respond promptly and if the person I'm talking to doesn't have the answer they find someone that does. They also provide documentation and/or resources to support their responses to my questions. The online chat is awesome and usually all I need
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Implementation Rating
ABBYY
No answers on this topic
Blackbaud
The implementation can be easy depending on how familiar you are with Blackbaud products. It is cloud based so there is not a need for IT involvement but you do need to know your business requirement.
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Alternatives Considered
ABBYY
License is cheap w.r.t to IQ BOT More flexibility in terms of custom development Can be used as independent process
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Blackbaud
Blackbaud Financial Edge NXT is far superior to CYMA. We used CYMA for over 20 years. It was tough to transition because Blackbaud Financial Edge NXT follows GAAP, while CYMA did not the way we had it set up. Blackbaud Financial Edge NXT has more robust fund tracking and allows us to create custom reports.
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Return on Investment
ABBYY
  • It has eased the scanning operation and reduced the overall time
  • Automatic indexing created the good impacted on ROI
  • But it only required the specialized IT Admin to maintain the system
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Blackbaud
  • The reporting features that include unposted entries and can be run on-demand to see a year to date budget comparison, have certainly made it easier to stay on task and within budget.
  • We have been able to integrate some of the fundraising features into Blackbaud Financial Edge NXT; consolidating to one system for tracking all key financial parameters, has been invaluable.
  • The budget partner (Zai?) is absolutely terrible and a huge waste of time and money; it does not integrate as advertised and is constantly "broken/down" on our end. It is not as advertised and honestly shouldn't be promoted by Blackbaud - it's that terrible.
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ScreenShots

Blackbaud Financial Edge NXT Screenshots

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