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.
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Pricing
Blackbaud Financial Edge NXT
Editions & Modules
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Offerings
Pricing Offerings
Blackbaud Financial Edge NXT
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
Yes
Entry-level Setup Fee
Required
Additional Details
Blackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.
Blackbaud Financial Edge NXT offers robust reporting tools out of the box, with very little customization required to meet reporting needs. Other systems I have used required skilled report writers to develop financial and operational reports needed for internal and external …
Blackbaud Financial Edge NXT is clearly designed for the non-profit industry organizations, and it shows! The features would not necessarily be a great asset to some for-profit businesses given the design and focus on grant/fund reporting, but for non-profits it hits the "ball …
Our CIO vetted some other products as he is also an accountant and felt that Blackbaud Financial Edge NXT appeared to be much more efficient than what we had and it had a lot more functionality than the previous and competitors. He also felt that Blackbaud Financial Edge NXT …
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 …
It's unreal the difference that Blackbaud Financial Edge NXT is compared to CYMA. Blackbaud Financial Edge NXT is quick and much more efficient , especially the day to day. Bank recs are insanely easier in Blackbaud Financial Edge NXT. The process time has been lessoned …
CYMA was very clunky and the reporting was insufficient. The data and transactions do not flow from one module to the other until they are posted and permanent, so it is hard to get a full picture at any point in time. To get things in you have to fully post, and then …
Blackbaud Financial Edge NXT, compared to CYMA, offers both the database view as well as the desktop view making it incredibly user-friendly and offers easy access to and visibility of the financial statements. You are able to clearly and easily filter the reports and work in …
FENXT was our first choice when we switched from QB Desktop. QB no longer met our needs because its ability to accommodate fund accounting is very limited, as is its budgeting module. We use QBO for a subsidiary, but it has the same top-level limitations. We evaluated Sage, …
Blackbaud Financial Edge NXT allows for multiple companies/entities to be tracked much easier than Quickbooks allowed. The online capabilities in Blackbaud Financial Edge NXT were also much more useful.
The overall feel of Blackbaud Financial Edge NXT is better. JobBOSS utilizes more of a database type feel/view. However, it is designed for manufacturers, so the modules and flow really tie back to a customer's purchase order and builds from there. About 80% of the modules …
I didn't select this software and I would not have considering my role focuses on A/R and grants management and this software doesn't do a good job of helping to track and manage grants or offer full capabilities for both on the online/web-based tools which are much easier to …
QuickBooks is not set up to handle projects, grants, or fund accounting. CYMA is not set up to handle fund accounting either. This made it very difficult to track items at the project level without having to rely on spreadsheets and a highly manual process to combine the …
Ellucian Banner Higher Education Finance Quickbooks for Nonprofits
Blackbaud Financial Edge NXT was selected because of its user-friendliness and reporting capabilities. The ability to integrate with Raiser's Edge was also important.
Blackbaud Financial Edge NXT is much easier to learn and understand in reports than MAP, easier to separate for reporting than Quickbooks and you can copy JE entries to make monthly entries easier, and just update the costs in the new JE. No other product functions this way. …