Financial Edge NXT Reviews

95 Ratings
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Score 8.6 out of 100

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Feature Scorecard Summary

Pay calculation (9)
4.9
Direct deposit files (8)
5.2
Salary revision and increment management (7)
10.0
Reimbursement management (4)
9.0
API for custom integration (11)
8.5
Plug-ins (17)
7.0
Single sign-on capability (33)
9.0
Role-based user permissions (34)
9.3
Dashboards (33)
7.5
Standard reports (38)
8.9
Custom reports (37)
8.9
Accounts payable (39)
9.0
Accounts receivable (17)
7.0
Cash management (29)
9.0
Bank reconciliation (32)
8.9
Expense management (25)
9.3
Time tracking (6)
6.4
Fixed asset management (20)
9.0
Multi-currency support (6)
7.9
Multi-division support (16)
9.0
Regulations compliance (11)
10.0
Electronic tax filing (9)
5.2
Self-service portal (19)
9.0
Pricing (8)
6.5
Credit card processing (11)
9.9
Cost of goods sold (3)
1.4

What is 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, banking, and more.

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.

Financial Edge NXT Features

General Ledger and Configurable Accounting Features

Has featureAccounts payable
Has featureAccounts receivable
Has featureCash management
Has featureBank reconciliation
Has featureExpense management
Has featureFixed asset management
Has featureMulti-division support
Has featureRegulations compliance
Has featureElectronic tax filing
Has featureSelf-service portal

Order Management Features

Has featurePricing
Has featureCredit card processing
Has featureCost of goods sold

Payroll Management Features

Has featurePay calculation
Has featureDirect deposit files
Has featureSalary revision and increment management
Has featureReimbursement management

Reporting & Analytics Features

Has featureDashboards
Has featureStandard reports
Has featureCustom reports

Customization Features

Has featureAPI for custom integration
Has featurePlug-ins

Security Features

Has featureRole-based user permissions
Has featureSingle sign-on capability
Has featureMulti-factor authentication
Has featureUser-level audit trail
Additional Features
Has featureCloud Based
Has featureManage advanced allocations within product
Has featureFlexible chart-of-accounts structure
Has featureProject, Grant and Endowment reporting comes standard

Financial Edge NXT Screenshots

Financial Edge NXT Videos (4)

Financial Edge NXT Downloadables

Financial Edge NXT Integrations

PaperSave, BizNet Software, Advanced Budget Management, Paramount Workplace, Infor F9, Avid Exchage

Financial Edge NXT Competitors

Sage Intacct, Abila, Microsoft

Financial Edge NXT Pricing

  • Does not have featureFree Trial Available?No
  • Does not have featureFree or Freemium Version Available?No
  • Has featurePremium Consulting/Integration Services Available?Yes
  • Entry-level set up fee?Required

Financial Edge NXT Support Options

 Paid Version
Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar

Financial Edge NXT Technical Details

Deployment Types:SaaS
Operating Systems: Unspecified
Mobile Application:Apple iOS, Android, Mobile Web
Supported Countries:United States, Canada
Supported Languages: English