Blackbaud Financial Edge NXT

We use Blackbaud Financial Edge NXT as our GL package, we have used the database version for years and now are using Blackbaud Financial Edge NXT more often. We are still learning the ins and outs of our specific needs, but I really like the reports. The reports are easier to access.

We use it for accounts payable, fixed assets and accounting and reporting. I feel that it is a good platform with the exception of the financial statement presentation and the purchasing piece. Our old antiquated system printed the income statement on 2 pages but we cannot get Blackbaud Financial Edge NXT to do so and have discussed with support. My biggest issue is that we want to use it to do purchase requisitions but don't want non-financial users to have to enter a 4-segment account code per item to order. I worked through the set up with our implementation team only to find out that it would 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 were ordering. Because of this we still have to use our old system for requisitions. Supposedly something may be in the works down the road but nothing definite has come through. Besides the time I spent on setup to only find out it would not work that way, we are very disappointed we have to use our old system for that piece. We do not have a large amount of items but need something to use.

I have used Blackbaud Financial Edge NXT for 5 years. I appreciate Blackbaud Financial Edge NXT more than the database view but understand the importance of both. I utilize all of the accounting functions and like the user-friendly interface. There have been times when the functions that we need are momentarily down, but Blackbaud Financial Edge NXT is good at communicating these issues and the status of resolutions through the status webpage. The knowledgebase page is very helpful for common issues that other users have had. I look forward to what Blackbaud Financial Edge NXT has to offer with the conversion to Blackbaud Financial Edge NXT from the database.

We use the BB suite for our student database and fundraising and website as well as FE NXT. One factor is choosing BB was that it included all modules and was integrated. However, this is not exactly what happens in all cases. Our Tuition Mgmt did not originally integrate, and RE does not integrate with FE

I first began with Blackbaud Financial Edge NXT in Accounts Payable and payroll. I now primarily use it for payroll only. I will create invoices for manual payroll checks that need to be re-issued, and then print them through the treasury features. I also use the database view to upload payroll GL entries, and web view to manage GL accounts and entries after the upload.

We replaced our old CYMA software with Blackbaud Financial Edge NXT in order to have a complete accounting system in one program instead of having CYMA along with hundreds of spreadsheets.

I enter new vendors and invoices for payments. I process payments thru Batch Report. I review account balances and invoices. I run Reports and Queries.
I work in all aspects of Accounts Payable.

I use Blackbaud Financial Edge NXT in the daily financial operations of my organization. It's the primary software that our organization uses for expense management, cash management, budgeting, fixed asset management, cost allocations, and electronic record storage. I used Blackbaud's Fundware until that product was no longer supported. Once I made the switch to FE NXT, I realized that I should have switched sooner. The software is very user-friendly and easy to learn. In particular, I love the reporting functionality. I can create and style my own reports to match individualized needs within the organization. Currently, I'm working on launching the Expense Management module, which will allow for the electronic workflow of invoices and expense reimbursements from staff to supervisor to the accounting department. I am also working on linking our company credit cards so that FE NXT will pull in a feed of all transactions. This will eliminate the manual entry of hundreds of transactions annually. Overall, I really love FE NXT!

Financial users within the Foundation use for AP, and GL. Reporting to them is relatively easy. Struggle with providing standard reporting to non-financial users throughout the school that we support. Also still struggle with a very manual AP process. Do not have an expense management module.

We use Blackbaud Financial Edge for Account Payables, Cash Receipts, General Ledger, and Fixed Assets. The integration between Raise's Edge and Financial Edge have dramatically reduced duplication of work. Also the import function within Cash Receipts increases efficiencies by decreasing duplication of data entry.

As a system admin, I don't have much interaction with Blackbaud itself outside of setting up and managing users and occasionally troubleshooting issues. I honestly don't know a whole lot about what it is. All I can say for sure is that our Finance and Business Development departments use it extensively for donation campaigns (Raiser's Edge) and financial management of some sort (Financial Edge). I don't interact directly with either product so I can't comment on their uses for us specifically beyond that.

Training at Blackbaud enabled me to set it up and work with it in less than 6 months. With the arrival of Financial Edge NXT, we adopted that platform. Product support during installation is invaluable. We also have Blackbaud host our data, which keeps our software up-to-date but gives us the security that I must have.- I am able to do budgeting, accounting, allocation, and accounts payable for the endowment and alumni relations. It has also enabled me to have department managers access their own departmental statements and monitor their actual costs against the approved budget.

I use Blackbaud Financial Edge NXT for accounts payable processing and vendor management as well as bank reconciliations and reporting. I also use it for journal entries and analyzing the general ledger. We use expense management to effectively capture all expenses for multiple grants that. Additionally, we use the excel add ins to help us import large journal entries into the general ledger.

We use it for ledger and subledger purposes and reporting.

We use FE NXT for all aspects of our Accounting and Finance: - to enter our Revenue and Expenses (AR/AP); - run financial reports; - track budgets; - and manage treasury accounts. Our FE database is linked to our RE donor database, which eliminates the need for double data entry.

This is our sole accounting platform; it is how we manage all our books. We do fund accounting and need to track over 200 distinct funds with multiple layers of tracking.

We use Blackbaud Financial Edge NXT for all our general ledger, miscellaneous cash receipts, accounts payable, treasury management, and reporting. We have purchased the fixed assets module and intend to implement it for the 22-23 school year. We utilize the Microsoft JE integration features with excel and partner with Paymerang for payment automation. The interfaces are mostly seamless and cut down processing time.

I use Blackbaud Financial Edge NXT for research, drill-ins, and budget adjustments. This product is not robust enough for our complicated agency.

I use Blackbaud Financial Edge NXT for mostly inputting invoices on the payable side. It helps keep things neat and organized.

I use Blackbaud Financial Edge NXT to process accounts payable. The selling point was their email notifications. However, there have been many problems in the past three months, and we have had a case open for over a year.

Reduction in paper invoice processing. Allowing better real time activity.

Use it for an overall accounting system. The integration of the system and releases of new tools are less than adequate. We have to utilize both NXT and database view for several KEY modules. Blackbaud Financial Edge NXT has consistently pushed Blackbaud Financial Edge NXT yet does not have the aptitude to ensure the product is fully rolled out. This integration between modules has been going on for over 3 years. In my experience, Blackbaud Financial Edge NXT is also famous for shutting down functions or modules and forcing the customer to other options, and then in order for the customer to be able to retrieve such historical information, the customer has to pay for that information to be extracted - Blackbaud Financial Edge NXT is a very expensive product for the functionality and new advances it lacks, and likes to additionally bill customers frequently.

FE NXT is our company's accounting software and accounts payable processor. We use it for financial close and reporting, budgeting and integrating with Blackbaud Raiser's Edge CRM. We have offices across the US that enter invoices using the Expense Module to route for approval. They also access reporting.

Financial Edge NXT is used mostly by our foundation staff. We use it as our main accounting software. We use Raisers Edge for recording contributions and then integrate them with Financial Edge. This process is very easy as long as all your accounts are set up correctly. We would like to soon make Financial Edge NXT available for all of our advancement staff and some of our project directors. The challenge in this is being able to easily limit access to only the individual’s projects.

We have been using Blackbaud products for over 20 years and last fall we made the choice to upgrade to the cloud version for the entire school products. Upgrading to Financial Edge NXT was not the driver---the student information system was the driver---but we are reaping many benefits from the NXT environment. Since using Financial Edge NXT, we rarely utilize the database version as the majority of day-to-day activities can now be done in NXT.
The benefits it has provided have been faster access to the system and more efficiency in our business office. We can get things done more quickly with the NXT version.