Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.
$1,000
per year
Blackbaud Financial Edge NXT
Score 7.5 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
Acumatica
Blackbaud Financial Edge NXT
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Acumatica
Blackbaud Financial Edge NXT
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
No setup fee
Required
Additional Details
Pricing is always consumption-based with no five-year lock-ins or termination penalties.
The Acumatica ERP pricing structure allows adding casual users, suppliers, and customers without paying for additional licenses.
The cost is based on the features and resources utilized, not on the number of users who access the system. An Acumatica partner works with users to understand specific requirements, determine the proper resources and modules for the company, and presents a price for the license.
Acumatica works well for medium to large businesses with strong accounting procedures in place, it is a program for those companies that have outgrown Sage50 or QuickBooks Desktop and need to take their Finance software to the next level. The added complexity and some of the restrictions that come with robust finance software would likely be a burden on smaller organizations. Being an Acumatica Construction user, the Construction version specifically is well suited to any construction company that wants to take the leap to digitizing their construction processes.
This software is very remote worker friendly! If you need software out-of-the box, this may not be it. There is a learning curve and some set-up required, but once up and running this software is robust and is fully customizable to all sizes of non-profit organizations. And technical support is readily available and responsive! I would not recommend this software in for-profit industries.
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.
We often run into strange one-off glitches that cause a Sales Order or invoice to miscalculate and provide inaccurate order totals.
The return process in terms of a PO return receipt can be quite confusing, as when linked to a drop ship PO it does not re-open the sales order by itself.
It would be impossible to please every user. Some like the "old" way. As in database view. It is hard to take time to learn new things sometimes.
Any missing functionality can be discussed on the community forum and if enough user have the same opinion, Blackbaud is good at considering changing things.
Journal Entries are much easier to use now than when we went live with Blackbaud Financial Edge NXT. And they continue to improve the functionality.
Acumatica has lots of potential for our company. I can see where our company will be in the next coming year or two as we start utilizing all of the features that Acumatica has
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.
We have users of all levels and it works well for any user, the user interface is very easy to get used to and the screen feedback and delivery is very well done. We have many users using this product all day every day and all levels have become very accustomed to its ease of use.
Blackbaud is overly complicated with a steep learning curve. Examples are the many steps required to enter a fixed asset transaction, Difficulty in running past financial statements. (There should be a run-time fiscal period entered in which the column specs refer to) Pluses are a fairly powerful financial statement report writer.
We used Acumatica Support directly for the first year or so. Overall it's pretty good, but sometimes the support staff wasn't educated on the customizations we had, nor was I as the Customer as I couldn't remember which things were customized and which things were out of the box, so when there was an error, there were some misunderstandings.
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
We selected Acumatica based on the licensing model. We also selected Acumatica based on the flexibility. We also selected Acumatica based on recommendations from our VAR. We liked the overall TCO of Acumatica vs other ERP systems. We also liked the fact that it was able to do the inter company accounting necessary for our business.
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.
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.
