Blackbaud Financial Edge NXT®

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Easily manage programs, government grant or contract spending and reporting.  

Manage Multiple Audits

Easily respond to multiple agency audits, saving staff time.

Strong Internal Controls

Let the system enforce spending compliance requirements.

Accept More Funding

Manage funding increases without adding staff.

Reduce risk. Maintain compliance. Boost accountability.

Blackbaud Financial Edge NXT is designed specifically for sub-fund and grant accounting.  Segregate and manage multiple revenue sources, each with their own compliance and spending rules.

  • Internal controls restrict account use, enforce budgeted spending limits, approval routing, and data visibility. Let the system enforce, so you can focus on strategy.
  • Purpose-built fund accounting designed for your needs, without frustrating workarounds commercial systems require for the complexity of restricted funds and sub-funds.
  • Automated payables, bank, and credit card reconciliation speeds time to close, increases visibility, reduces errors and potential fraud.
  • Budget by grant, program or project to reduce time spent compiling, distributing, and consolidating worksheets across multiple grants or program areas.
  • Configurable, flexible, out of the box reporting to meet grant, contract, or program reporting format requirements. No custom reports needed.
  • View-only licenses reduce time spent responding to ad hoc reporting requests to drive program accountability.

Be agency audit ready at any time.

Get the transparency and auditability you need—from anywhere/anytime.  Financial Edge NXT is the only cloud accounting system that allows you to create an individual financial record for each restricted fund. If multiple agencies fund your programs, each grant can be managed discretely.

  • Store grant, contract, and donor agreements, plus other important documentation, in the system to create a sole source of truth and eliminate file cabinets.
  • Drill into transaction detail. Attach invoices. Review spending approvals to ensure spending is within guidelines.
  • Streamline audits by keeping all details in the system and readily accessible.
  • Create and manage budgets for each restricted fund, grant, or program to ensure clear reporting.
  • Track activities and deadlines for each fund or grant to maintain compliance.
  • View current financial activity and position for each grant, contract, or program without running a report.

Confidently drive program growth.

Protect and grow your organization’s future. System features and controls expand what your financial and program staff can manage. Build more capacity and drive impact.

  • Enforce spending rules, monitor budgets, control access, and segregate duties to ensure compliance across your organization.

  • Get strong audit trails to maintain the integrity of your data and streamline your processes.

  • Uniquely manage each individual restricted fund or grant without running multiple reports.

  • Employ advanced security to control access and visibility of financial data—all from an easy-to-use interface available anytime, anywhere.

  • Data at your fingertips to easily monitor activity and deepen financial analysis.

quotes

With their ability to work faster and deliver more detailed reports with Blackbaud Financial Edge NXT, Community Health Center of Lubbock has seen their grant funding increase by roughly 25%.

Barbra Moore

Finance Director, Community Health Center of Lubbock

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More flexibility. More impact.

Amplify the value of Financial Edge NXT with vetted, effective apps in the always-growing Blackbaud Marketplace, or create your own integrations and automations.

  • Integrate your tech stack by connecting with common third-party apps, including Microsoft Excel®, Paycor® for payroll, and Questica® for headcount budgeting.
  • Expand purchasing workflows with Paramount Workplace and Smart PO.
  • Take reporting to the next level with multiple options for reporting and business intelligence integrations.
  • Create your own solutions with SKY Developer tools to connect patient or client billing systems or use low code options to automate workflows with Microsoft Power Platform.

Schedule a demo

Take the next step toward your organization’s success with Blackbaud Financial Edge NXT. A Blackbaud expert will reach out to schedule a customized demo.

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