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Blackbaud Financial Edge NXT

Blackbaud Financial Edge NXT
Formerly Financial Edge

Overview

What is Blackbaud Financial Edge NXT?

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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Awards

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Pricing

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What is Blackbaud Financial Edge NXT?

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.

Entry-level set up fee?

  • Setup fee required
For the latest information on pricing, visithttps://www.blackbaud.com/products/blac…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Blackbaud Financial Edge NXT?

Financial Edge NXT is a cloud accounting solution from Blackbaud that is designed to provide transparency across teams, security, compliance, and reduce the need for manual processes. The system is a fund accounting solution that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, and banking.

This solution includes a personalized dashboard and customizable views. Financial Edge NXT enables users to closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Financial Edge NXT offers real-time reporting, with one-click drill-down functionality and export capability, to enable data-driven decisions in real time.

The system allows users access to grant and project accounting that allows for streamlined management of budget, as well as a way to effectively monitor accounts and generate reports. The vendor’s value proposition is that by using Financial Edge NXT, nonprofits can reduce dependency on manual processes, thus improving data entry accuracy.

Blackbaud Financial Edge NXT Features

  • Supported: Cloud Based
  • Supported: advanced allocations management
  • Supported: Flexible chart-of-accounts structure
  • Supported: Project, Grant and Endowment reporting

Blackbaud Financial Edge NXT Screenshots

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Blackbaud Financial Edge NXT Integrations

Blackbaud Financial Edge NXT Competitors

Blackbaud Financial Edge NXT Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android, Mobile Web
Supported CountriesUnited States, Canada
Supported LanguagesEnglish

Frequently Asked Questions

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.

Sage Intacct, MIP Fund Accounting, and Microsoft Dynamics 365 are common alternatives for Blackbaud Financial Edge NXT.

Reviewers rate Usability highest, with a score of 8.2.

The most common users of Blackbaud Financial Edge NXT are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 156)

Blackbaud Financial Edge NXT

Rating: 8 out of 10
April 23, 2025
Vetted Review
Verified User
Blackbaud Financial Edge NXT
3 years of experience
  • User friendly
  • Intuitive
  • Robust training
Cons
  • Report writing is a little complex
  • Disabling functions without having adequate alternatives in place
  • In my experience, Support is inconsistent at times

Financial Edge NXT as a partner in the Finance Department

Rating: 8 out of 10
April 24, 2025
Vetted Review
Verified User
Blackbaud Financial Edge NXT
8 years of experience
  • Flexibility in setting up account numbers
  • Creating custom reporting
Cons
  • With the transition from database to web based, the JE upload is an ongoing issue.
  • Upgrades are not always vetted through clients who use the functionality, therefore, not working properly in the field.

Blackbaud Financial Edge NXT

Rating: 9 out of 10
April 22, 2025
Vetted Review
Verified User
Blackbaud Financial Edge NXT
4 years of experience
  • Intuitive user interface
  • Ease of data transfer between BB modules
  • Helpful and timely support
  • Ease of searching for transaction details
Cons
  • More flexibility in custom reporting
  • Cleaned-up version of the "Add Adjustment" functionality
  • Advanced searchability using more transaction detail info

Reliable and thorough. At times cumbersome

Rating: 7 out of 10
April 16, 2025
Vetted Review
Verified User
Blackbaud Financial Edge NXT
5 years of experience
  • Keeps vendor records organized
  • Useful for accounting
  • Allows convenient access to vendor information
Cons
  • fields are somewhat outdated
  • steps to log in can be cumbersome
  • some people report they have trouble adding attachments
  • would be nice if one can refer to attachments that have previously been added rather than adding the same file to multiple invoice requests

Improved productivity

Rating: 9 out of 10
April 10, 2025
Vetted Review
Verified User
Blackbaud Financial Edge NXT
3 years of experience
  • Runs fantastic reports
  • Ease of use from a user standpoint
  • Regions bank cards
  • Bank reconciliation
  • ease of deposits
Cons
  • bank info not loading completely. If i don't get everything from the bank feed , i ignore it all and do it manually. it's too much work if it doesn't all load. this happens regularly
  • the green dot of death is frustrating when it happens.
  • Running queries out of database view
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