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Immediate access to data Although the software is scalable, it's quite expensive
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.
For the latest information on pricing, visit https://www.blackbaud.com/products/blackbaud-financial-edge-nxt/pricing
Blackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.
The following is a quick overview of editions offered by other software in similar categories
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
FastFund Online from Araize is an SaaS system that integrates nonprofit, fund accounting, fund raising (CRM) and payroll in a single solution. The vendor says FastFund Online is designed to help nonprofits take control of their fiscal and development responsibilities in order to be more accountable…
Aplos is a nonprofit and church management software solution. With online fund accounting made for nonprofits and churches of any size, the software is built on a platform that also includes giving tools, people management, and reporting.
Immediate access to data Although the software is scalable, it's quite expensive
I’ve been satisfied with financial edge NXt. The only thing is the pricing keeps going up, but I would expect that in other software too.
waiting for something to load. Sometimes transactions default to the first value instead of the correct value. My transactions sometimes default to petty … vendor maintenance, check writing, budgeting, producing financial reports, costing construction, managing payroll. I am a one person show. … E…
hope they will improve communication as well as product development. The cost of the software is very high which makes it a barrier to use for small organizations
does not connect easily to social media platforms. The product can be expensive for smaller businesses.
From the onset we worked with a Blackbaud approved valued partner, Sargent Solutions to consult and assist in the transition from
not work the way we had thought. I wanted to link the requisitioner to the cost center and item to g/l account so they would just have to select what they
Financial Edge NXT has as much or as less for a company to choose from. The cost associated with it could be prohibitive to some smaller companies. We are
reporting product does seem a bit pricey, if you want additional tools, they cost, non profit versus for profit users
financial performance from department to department also has allowed for accurate cost comparisons for budget purposes.
processes have been streamlined The costs are high, but the benefits outweigh the cost
Quickbooks. I recall FENXT being more expensive than other software out there, but the efficiencies gained make up for the cost differentiation. You just need
available, helpful in accounting but not for federal grants in viewing/analyzing cost as well tracking and analyzing payroll trends--with the lack of payroll details
I am in charge of doing the accounts payable. FENXT has been so much more user-friendly than our previous software. It is easy to learn and easy to use
Accounts Payable. Credit Card Charges. Vendors. Budgeting.
There has definitely been a negative impact on our budget. This product is expensive, but we have so far been able to remain committed to continuing the efficiencies
No. Company has limited resources and already has a high cost for licenses.
the millions. It is less appropriate for smaller nonprofits due to its price point.
for expense management, cash management, budgeting, fixed asset management, cost allocations, and electronic record storage. I used Blackbaud's Fundware until
modules. However, I wouldn't recommend it for small organizations due to the cost potentially outweighing the benefit.
Knowledge base we have access to Pricing is a challenge every year and do not give enough time to question new charges Some functionality is missing for
entity's needs. However, Blackbaud added a "Payment Enablement Fee" in the middle of our fixed price contract, and despite being a loyal user for over 10 years … cited the fine print of the contract that allowed them to add this additional fee in the middle of our contract.…
single owner business. JD Edwards was far superior to Blackbaud although the cost was much higher. JD Edwards was powerful but complex to learn. Blackbaud
duplicating it on the FE side Fixed Assets. The ability to adjust acquisition cost is helpful