Blackbaud Financial Edge NXT vs. Oracle Fusion Cloud ERP

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
Oracle Fusion Cloud ERP
Score 8.2 out of 10
N/A
Oracle Cloud Enterprise Resource Planning (ERP) is a core suite of Oracle Cloud software-as-a-service (SaaS) applications. Oracle Expense Management and Oracle Risk Management are part of this solution. Other apps include Financials, Revenue Management, Accounting Hub, PPM, and Procurement. The single cloud platform offers built-in industry standards and modern best practices. ERP software is the backbone of many organizations and Oracle aims to offer a modern, connected…N/A
Pricing
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeRequiredRequired
Additional DetailsBlackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.Pricing per user varies by component within the Oracle ERP Cloud solution.
More Pricing Information
Community Pulse
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Top Pros
Top Cons
Features
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
9.0
17 Ratings
22% above category average
Pay calculation00 Ratings8.917 Ratings
Benefit plan administration00 Ratings9.017 Ratings
Direct deposit files00 Ratings9.014 Ratings
Customization
Comparison of Customization features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
7.4
177 Ratings
2% above category average
API for custom integration00 Ratings7.4174 Ratings
Plug-ins00 Ratings7.3147 Ratings
Security
Comparison of Security features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.5
212 Ratings
5% above category average
Single sign-on capability00 Ratings8.7192 Ratings
Role-based user permissions00 Ratings8.4207 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.2
216 Ratings
16% above category average
Dashboards00 Ratings8.5204 Ratings
Standard reports00 Ratings8.2209 Ratings
Custom reports00 Ratings8.0205 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
Oracle Fusion Cloud ERP
8.9
236 Ratings
15% above category average
Accounts payable00 Ratings8.5225 Ratings
Accounts receivable00 Ratings8.3216 Ratings
Global Financial Support00 Ratings8.1167 Ratings
Primary and Secondary Ledgers00 Ratings8.4194 Ratings
Journals and Reconciliations00 Ratings8.3202 Ratings
Configurable Accounting00 Ratings8.5185 Ratings
Standardized Processes00 Ratings8.6198 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.3
159 Ratings
6% above category average
Inventory tracking00 Ratings8.5154 Ratings
Automatic reordering00 Ratings8.6136 Ratings
Location management00 Ratings8.1138 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.3
152 Ratings
7% above category average
Pricing00 Ratings8.3140 Ratings
Order entry00 Ratings8.5145 Ratings
Credit card processing00 Ratings8.2120 Ratings
Cost of goods sold00 Ratings8.3130 Ratings
Order Orchestration00 Ratings8.0122 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.3
202 Ratings
11% above category average
Billing Management00 Ratings8.5159 Ratings
Cash and Asset Management00 Ratings8.3175 Ratings
Travel & Expense Management00 Ratings8.4144 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings8.0142 Ratings
Period Close00 Ratings8.7171 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.2
146 Ratings
8% above category average
Budgeting and Forecasting00 Ratings8.2131 Ratings
Project Costing00 Ratings8.3133 Ratings
Cost Capture00 Ratings8.2122 Ratings
Capital Project Management00 Ratings8.0119 Ratings
Customer Contract Compliance00 Ratings8.2109 Ratings
Project Revenue Recognition00 Ratings8.1115 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.1
105 Ratings
17% above category average
Project Planning and Scheduling00 Ratings8.399 Ratings
Task Insight for Project Managers00 Ratings7.792 Ratings
Project Mobile Functionality00 Ratings7.695 Ratings
Definable Resource Pools00 Ratings7.685 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.4
107 Ratings
11% above category average
Award Lifecycle Management00 Ratings8.291 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.1
142 Ratings
15% above category average
Bids Analyzed and Compared00 Ratings7.899 Ratings
Contract Authoring00 Ratings8.2100 Ratings
Contract Repository00 Ratings7.994 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.0114 Ratings
Supplier Management00 Ratings8.1118 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
7.9
79 Ratings
19% above category average
Risk Repository00 Ratings7.974 Ratings
Control Management00 Ratings7.974 Ratings
Control Efficiency Assessments00 Ratings7.867 Ratings
Issue Detection00 Ratings8.067 Ratings
Remediation and Certification00 Ratings7.967 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
7.9
80 Ratings
14% above category average
Transportation Planning and Optimization00 Ratings7.965 Ratings
Transportation Execution Management00 Ratings8.062 Ratings
Trade and Customs Management00 Ratings8.459 Ratings
Fulfillment Management00 Ratings7.963 Ratings
Warehouse Workforce Management00 Ratings8.361 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.0
73 Ratings
6% above category average
Production Process Design00 Ratings8.066 Ratings
Production Management00 Ratings8.268 Ratings
Configuration Management00 Ratings8.266 Ratings
Work Execution00 Ratings8.064 Ratings
Manufacturing Costs00 Ratings8.164 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
8.3
94 Ratings
14% above category average
Forecasting00 Ratings8.392 Ratings
Inventory Planning00 Ratings8.293 Ratings
Performance Monitoring00 Ratings8.585 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Blackbaud Financial Edge NXT
-
Ratings
Oracle Fusion Cloud ERP
7.8
74 Ratings
7% above category average
Proposal Management00 Ratings8.165 Ratings
Product Master Data Management00 Ratings8.267 Ratings
Best Alternatives
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Sage Intacct
Sage Intacct
Score 8.7 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises

No answers on this topic

SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
Likelihood to Recommend
7.6
(137 ratings)
8.7
(257 ratings)
Likelihood to Renew
7.5
(13 ratings)
5.5
(12 ratings)
Usability
7.9
(9 ratings)
7.9
(8 ratings)
Availability
-
(0 ratings)
5.0
(4 ratings)
Performance
-
(0 ratings)
6.0
(4 ratings)
Support Rating
6.3
(13 ratings)
8.3
(12 ratings)
In-Person Training
-
(0 ratings)
7.4
(2 ratings)
Online Training
-
(0 ratings)
8.1
(2 ratings)
Implementation Rating
6.5
(7 ratings)
6.7
(11 ratings)
Configurability
-
(0 ratings)
9.0
(3 ratings)
Ease of integration
-
(0 ratings)
9.0
(3 ratings)
Product Scalability
-
(0 ratings)
7.0
(3 ratings)
Vendor post-sale
-
(0 ratings)
7.0
(3 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(3 ratings)
User Testimonials
Blackbaud Financial Edge NXTOracle Fusion Cloud ERP
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
Oracle
We are a publicly-traded healthcare company with over 50000 full-time and part-time employees. We also currently have about 15000 contingent workers in our workforce. Oracle Cloud ERP is very well suited for an enterprise our size. Our financial department relies heavily on Oracle cloud ERP for daily business functions like procurement, supply chain, accounts reconciliation, ledgers, payables, receivables, and supply chain logistics. The executive team uses this system for project management and our risk assessment and management department for Compliance, risk management portfolio.
Read full review
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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Oracle
  • I no longer need VPN to login into the ERP cloud system.
  • I no longer need Java app required for form based application.
  • Data uploading feature using excel was highly required as it makes user life easy.
  • The application is self explanatory and easy to use.
Read full review
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
Read full review
Oracle
  • Wide localization process.
  • Automated (without a human) business operations, better rpa solutions, scanning, mobile app, etc
  • Central systems for the company re using more than one erp systems.
  • Better reporting tools
  • Developer source also not such enough maybe to support them in each (in their market) countries.
  • Price policy also
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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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Oracle
Oracle ERP cloud is a significant investment for our company. It will be an ongoing software cost and there's no looking back on that. Our users have become very accustomed to this tool that it is not practically feasible to rip them off from this system. So yes we will continue to renew the subscription going forward.
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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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Oracle
Because as I said before, there are some good and some bad things. But good things seem to be more than the bad, and the bad things I personally think are going to be solved quickly, maybe with some patches over time.
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Reliability and Availability
Blackbaud
No answers on this topic
Oracle
The application is used by big banks like HSBC is a testament to its reliability. I did not hear or experience any outages.Oracle is in the hosting business since long. In its previous avatar, it used to be called as Oracle on demand. So oracle has enough experience and expertise in hosting and managing customers applications in their datacenters. Oracle is the only major company which has platform as a service, database as a service and software as a service product offerings on the cloud.Hence customers can rely on Oracle as many major fortune 500 companies do.
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Performance
Blackbaud
No answers on this topic
Oracle
Cloud performance is something that they need to improve. Also it is not consistent. Sometimes for some users it is slow while for others it is fast. This is frustrating for users especially when they are in the middle of what they are doing. We communicated this to Oracle and they suggested to submit request for environment re-sizing. But again this we think should be a proactive effort from Oracle rather than relying on customers to reach out. This is something Oracle definitely needs to work on.
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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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Oracle
Support is always providing step by step details to resolve any issue we encounter. If the issue is currently not a functionality or feature of the application they are supportive in offering guidance on submitting an enhancement request. Currently there is an enhancement that will be rolled out by Oracle that was designed for our organization.
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In-Person Training
Blackbaud
No answers on this topic
Oracle
The inperson trainings from Oracle University are effective. The trainers have vast experience and teached thousands of students. In person training will make people sit in a class and do the exercises. One can also learn from other students, who come with different background, industry etc. In person training will be an immersive experience and helps learn more in a short period of time.
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Online Training
Blackbaud
No answers on this topic
Oracle
We bought online training subscription from Oracle University. The subscription allowed our team to learn the nuts and bolts of the application.The subscription model helps access to all the modules as opposed to buying training for one module. We also leveraged guided learning subscription from Oracle. Guided learning is a state of the art learning application from Oracle. It resides within the application and guides the users on each and every step. This is learning by doing and is very effective. Once you buy guided learning, oracle keeps updating it with the release of new functionality in the quarterly upgrades.
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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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Oracle
Try to use the system as true to generic form as possible and cut over quickly. Parallel implementation is not recommended. If the numbers are accurate and materially similar to prior period - cut over. A small accounting adjustment is much better than millions in project overruns or dual system maintenance.
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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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Oracle
Oracle ERP Cloud is very powerful in giving us reliable financial management analysis that helps us run our business and makes sure our business is growing and developing each and [every] day. The support team from this tool is very useful, reliable[,] and supportive 24/7.
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Scalability
Blackbaud
No answers on this topic
Oracle
Orcle ERP Cloud transformed and stabilized in this past 2 years since it was implemented. We have past the auditor reviews and 24 month end closes and 8 quarter closes and 2 FY closes. Above all we do have SEC reporting with all this data. Having said that our ERP subscription is a worthy investment and highly reliable source of information for our organization's needs
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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.
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Oracle
  • A tool that has made us able to get much ROI by the bank account integration, management of cash, and controlling business unit.
  • Project management is made easy with its module and tracking with the exact time and issuance makes it more convenient and compatible for the return.
  • Automation in pay and expenses improve the company’s visibility in the market.
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ScreenShots

Blackbaud Financial Edge NXT Screenshots

Screenshot of Screenshot of Screenshot of Screenshot of Screenshot of

Oracle Fusion Cloud ERP Screenshots

Screenshot of Critical information is available at a glance with comprehensive details a click away.Screenshot of Social collaboration meets the modern communication needs of today's employees and breaks down barriers between teams.Screenshot of A simple, modern interface provides easy access to information across areas, personalized for each user.Screenshot of Critical information is available at a glance with comprehensive details a click away.Screenshot of Analytics provide insight to understand what is happening across your business today and to predict future events by analyzing trends.Screenshot of Social collaboration meets the modern communication needs of today's employees and breaks down barriers between teams.