Financial Edge NXT Review
June 14, 2018
Financial Edge NXT Review
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with Financial Edge NXT
I work for a Foundation at a college and our whole department uses FENXT. We use it for all of our accounting needs other than Purchase Order management. We use it in conjunction with Raiser's Edge to keep track of all incoming and outgoing money and also to manage the active funds our organization has.
- I love how well FE interacts with Raiser's Edge. This makes it much easier for our organization to stay current and increases our level of trust in the information we are seeing in both systems.
- The reporting features in FE make it easy to pull accurate information in a timely manner.
- I would like to see the price reduced. I work for a medium-sized non-profit and if the price keeps rising, I worry we will no longer be able to use FE. It is an incredible system to use, but if the price keeps rising, it will be difficult for small to medium-sized organizations to justify the cost.
- I would like to see error messages that contain more information. When our accountant runs the process to post gifts from Raiser's Edge, she typically is not able to easily understand the reason for the gift exceptions. It then requires me doing research in RE to find out what the error may have been from.
- I think overall, we receive a positive ROI. We are able to use FE to handle the vast majority of our accounting needs, which is nice.
- Operational efficiency
- Improved data accuracy
- Improved insight into your organization's performance
- Better ability to report to funders and key stakeholders
- Faster month-end process
- Automation of business processes
- Reduced IT expenditure due to cloud deployment
I do feel that all of these outcomes have been achieved.
My organization also utilizes Raiser's Edge, Blackbaud Payment Services, Online Express, and Academic Works.
I have not used any other accounting software or products.