TrustRadius
Financial Edge NXT works for WSU
https://www.trustradius.com/accountingFinancial Edge NXTUnspecified8.790101
Phil Sonnenberg profile photo
October 17, 2017

Financial Edge NXT works for WSU

Score 9 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with Financial Edge NXT

Financial Edge NXT is a cloud-based software that supports the general ledger accounting and reporting needs globally for our organization. It is user-friendly in the form of being accessible to users anywhere via multiple platforms. Prior to being cloud-based, this was not a possibility.
  • Flexible cloud-based reporting.
  • Instant access to records
  • User-friendly with a modern feel for new hires.
  • Extend functionality of desktop version to web version
  • Designated support contact upon implementation/conversion to NXT
  • Cost of product is greater than competitors
  • General ledger accounting is a necessity so integration with existing products is convenient. However, Blackbaud could make this product more competitively priced.
  • The ability to utilize Blackbaud Merchant Services to process credit cards has reduced costs and streamlined the process.
  • Chat with support services has proved to be effective.
  • Operational efficiency
  • Increased scalability due to cloud deployment
  • Reduced IT expenditure due to cloud deployment
This product is well designed and has led to the review of internal processes and yielded the ability for our organization to modernize and save resources.
The crossover abilities between the Blackbaud family of products is what keeps us Blackbaud customers. They have also partnered or acquired complimentary services which make this product offering even more attractive.
Suited for organizations that have invested in the Blackbaud family of products, specifically Raiser's Edge. The integration among the products is seamless and intuitive.

Financial Edge NXT Feature Ratings

Accounts payable
7
Accounts receivable
7
Cash management
9
Bank reconciliation
9
Expense management
7
Time tracking
7
Fixed asset management
7
Multi-currency support
7
Multi-division support
7
Regulations compliance
7
Electronic tax filing
7
Self-service portal
7
Pricing
Not Rated
Credit card processing
9
Cost of goods sold
Not Rated
Pay calculation
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
7
Standard reports
8
Custom reports
7
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
9
Single sign-on capability
5