Great for Fund Accounting for an Organization with a lot of Funds
May 17, 2023

Great for Fund Accounting for an Organization with a lot of Funds

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Blackbaud Financial Edge NXT

We use Financial Edge NXT as our financial software for our not-for-profit Foundation. We primarily use FE-NXT and supplement with Blackbaud database view software where NXT is still lacking. Overall I prefer NXT but some tasks are only possible in the database software. Both versions update the same database. We use Financial Edge for General Ledger, Financial Reporting and Accounts Payable. Our organization has nearly 500 funds, Financial Edge manages fund accounting well.
  • Fund Accounting
  • Payables
  • Cloud-based
  • Cash flow reporting
  • NXT still lacking some features
  • Good for Fund Accounting
  • Lacking in automation ability
In conjunction with RENXT, it increased our data collection and reporting capacity.
It is easier than the database version for setting up dashboards for department heads
FE NXT is significantly better than other Nonprofit software that I have used

Do you think Blackbaud Financial Edge NXT delivers good value for the price?

Yes

Are you happy with Blackbaud Financial Edge NXT's feature set?

Yes

Did Blackbaud Financial Edge NXT live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Blackbaud Financial Edge NXT go as expected?

I wasn't involved with the implementation phase

Would you buy Blackbaud Financial Edge NXT again?

Yes

It is well suited for an organization with a lot of individual funds.

Using Blackbaud Financial Edge NXT