Financial Edge NXT Review
April 15, 2018

Financial Edge NXT Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Blackbaud Financial Edge NXT

We use it as our accounting ERP system for General Ledger, Accounts Payable, and interface to Raisers Edge. It's used by the accounting department and it addresses most of our accounting-related transaction and reporting issues.

Pros

  • The attachment of scanned invoices and journal entries is valuable.
  • The drill-down capabilities are easy to follow.
  • The visual display of data on the monitor is good.
  • The ease of using a cloud-based solution.

Cons

  • Some of the features in Financial Edge 7 database are not yet available in FE NXT such as Fixed Assets and journal transaction history.
  • Sometimes entries aren't posting in NXT but are able to post in FE 7 database view.
  • The report writer doesn't display all of the reports that are being used and it's a little more difficult than in FE 7 database view.
  • It's helped us speed up month-end closing.
  • It's provided good internal control features.
  • It's improved our Accounts Payable invoice processing.
Financial Edge NXT is easier to use and more appropriate for an organization of our size. FE NXT is also more intuitive.
For non-profits it's very well suited if you're not consolidating entities. It's probably less suited in a manufacturing environment with multiple currencies and entities to consolidate.

Blackbaud Financial Edge NXT Feature Ratings

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