Blackbaud Financial Edge NXT vs. Sparkrock

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Sparkrock
Score 9.0 out of 10
Mid-Size Companies (51-1,000 employees)
Sparkrock’s cloud-enabled solution helps organizations manage their finance and accounting, human resources and payroll, human services case management, and donor and fundraising activities. According to the vendor, key benefits and features include: Finance Management with capabilities to help organizations increase transparency and reduce risk. Workforce Management to help front-line employees deliver services to clients, with tools that help them to be…N/A
Pricing
Blackbaud Financial Edge NXTSparkrock
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Blackbaud Financial Edge NXTSparkrock
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequired$50,000 per installation
Additional DetailsBlackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.
More Pricing Information
Features
Blackbaud Financial Edge NXTSparkrock
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.4
3 Ratings
26% above category average
Pay calculation00 Ratings9.03 Ratings
Benefit plan administration00 Ratings9.02 Ratings
Direct deposit files00 Ratings10.03 Ratings
Customization
Comparison of Customization features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
10.0
2 Ratings
32% above category average
API for custom integration00 Ratings10.02 Ratings
Plug-ins00 Ratings10.02 Ratings
Security
Comparison of Security features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.5
5 Ratings
16% above category average
Single sign-on capability00 Ratings10.04 Ratings
Role-based user permissions00 Ratings9.05 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.0
4 Ratings
25% above category average
Dashboards00 Ratings9.03 Ratings
Standard reports00 Ratings9.04 Ratings
Custom reports00 Ratings9.03 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
8.8
5 Ratings
14% above category average
Accounts payable00 Ratings10.05 Ratings
Accounts receivable00 Ratings9.05 Ratings
Global Financial Support00 Ratings10.01 Ratings
Primary and Secondary Ledgers00 Ratings10.01 Ratings
Journals and Reconciliations00 Ratings9.01 Ratings
Configurable Accounting00 Ratings10.01 Ratings
Standardized Processes00 Ratings9.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.3
2 Ratings
17% above category average
Inventory tracking00 Ratings9.02 Ratings
Automatic reordering00 Ratings10.01 Ratings
Location management00 Ratings9.01 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.6
1 Ratings
26% above category average
Billing Management00 Ratings9.01 Ratings
Cash and Asset Management00 Ratings9.01 Ratings
Travel & Expense Management00 Ratings10.01 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings9.01 Ratings
Period Close00 Ratings10.01 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.4
1 Ratings
21% above category average
Budgeting and Forecasting00 Ratings10.01 Ratings
Project Costing00 Ratings9.01 Ratings
Cost Capture00 Ratings10.01 Ratings
Capital Project Management00 Ratings9.01 Ratings
Customer Contract Compliance00 Ratings9.01 Ratings
Project Revenue Recognition00 Ratings10.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.3
1 Ratings
21% above category average
Award Lifecycle Management00 Ratings9.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.6
1 Ratings
32% above category average
Bids Analyzed and Compared00 Ratings9.01 Ratings
Contract Authoring00 Ratings9.01 Ratings
Contract Repository00 Ratings10.01 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.01 Ratings
Supplier Management00 Ratings10.01 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Sparkrock
9.3
1 Ratings
25% above category average
Forecasting00 Ratings9.01 Ratings
Inventory Planning00 Ratings9.01 Ratings
Performance Monitoring00 Ratings9.01 Ratings
Best Alternatives
Blackbaud Financial Edge NXTSparkrock
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Sage Intacct
Sage Intacct
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 7.2 out of 10
Enterprises

No answers on this topic

SAP Business ByDesign
SAP Business ByDesign
Score 7.4 out of 10
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User Ratings
Blackbaud Financial Edge NXTSparkrock
Likelihood to Recommend
7.7
(137 ratings)
9.0
(9 ratings)
Likelihood to Renew
7.5
(13 ratings)
9.1
(1 ratings)
Usability
8.0
(9 ratings)
9.0
(1 ratings)
Support Rating
6.3
(13 ratings)
9.0
(1 ratings)
Implementation Rating
6.5
(7 ratings)
-
(0 ratings)
User Testimonials
Blackbaud Financial Edge NXTSparkrock
Likelihood to Recommend
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.
Read full review
Sparkrock
For all companies that want to improve the performance of their employees and increase productivity, this software helps all daily business tasks to be executed on time efficiently and smoothly. A very useful program that's why we don't stop using it.
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Pros
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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Sparkrock
  • Data collection - the system is robust and we can tailor it to collect the information we need.
  • Easily configurable - the system is easy to configure to meet our specific business needs.
  • Reporting and data extraction - the system allows for easy access to information that helps inform business decisions.
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Cons
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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Sparkrock
  • Many of the improvements are being met with each upgrade. Altus Dynamics has an idea portal that customers can add ideas to and vote on other customer ideas. This means that most issues that come up are resolved with each new upgrade.
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Likelihood to Renew
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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Sparkrock
We are already scheduled for our upgrade to NAV 2016 beginning in May 2016.
Read full review
Usability
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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Sparkrock
Complete workflow management to keep up to date and orderly the daily activities of employees. Allows for seamless cash flow, invoicing, general ledger, payroll, and inventory.
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Support Rating
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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Sparkrock
Complete tracking of employee performance, hours worked, attendance and absences, vacations, and overtime.
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Implementation Rating
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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Sparkrock
No answers on this topic
Alternatives Considered
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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Sparkrock
  • Real-time data that is available at our fingertips
  • Flexibility of the system to address changing needs over time
  • Elimination of the huge administrative burdens that we were experiencing as a result of the previous system due to lack of integration
Read full review
Return on Investment
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.
Read full review
Sparkrock
  • As a technician it's hard for me to say what effect the ROI has had on our organization, however our finance team seems satisfied on it. We look forward to deploying the staff dashboards for better financial tracking throughout our whole organization.
Read full review
ScreenShots

Blackbaud Financial Edge NXT Screenshots

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Sparkrock Screenshots

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