1. Home
  2. Nonprofit Accounting Software
  3. Blackbaud Financial Edge NXT Reviews
  4. User Review of Blackbaud Financial Edge NXT
Grant specific tracking
June 14, 2023

Grant specific tracking

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

Overall Satisfaction with Blackbaud Financial Edge NXT

Blackbaud Financial Edge NXT manages all our grant tracking needs for AR,AP, and Financial Budgets. It tracks expenses for each project so we can compare and report on each grant and category separately. Along with Budget to actual monthly reports. Blackbaud Financial Edge NXT is the best tool I have used in the 32 years of my career, most of which has been non-profit accounting. It is very easy to learn and understand in the web view. They are making enhancements to the web view often.
  • Separate project accounting
  • Easily reclass expenses by Invoice
  • Reporting is easy to understand
  • Journal entries can be copied and edited
  • Accounts Receivable is not the most user friendly module
  • Some feature to consolidate Project FS, and have each in a column for reporting
  • I wish AP entries were updated in real time, not just when you validate and post
  • Allows us to see programs the need to be adjusted in expense category easily
  • We do not need a contract management system because AP has all the details
  • Year end reporting for 1099 are easier with Blackbaud Financial Edge NXT
We do not have donor or funder trust.
I am sure there are more tools that would be helpful, but I do not know how to set up the info to give quick snapshots of important info I need.
Blackbaud Financial Edge NXT is much easier to learn and understand in reports than MAP, easier to separate for reporting than Quickbooks and you can copy JE entries to make monthly entries easier, and just update the costs in the new JE. No other product functions this way. For Tracking, Blackbaud Financial Edge NXT only allows you to reverse a wrong entry, which also makes it easier to correct mistakes. I truly like using Blackbaud Financial Edge NXT very much.

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

Blackbaud Financial Edge NXT is very well suited for multiple grants/projects and tracking for each project separately. The AR function is not very clear on what is receivable, and making write-off adjustments is by Journal Entry. I wish I knew more advanced usage of the program because I feel there is much it can do, but we do not know how to use it. What I know, I enjoy using it.