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Financial Edge NXT

Name: Financial Edge NXT
Rating: 4.5 (2 reviews)

By Blackbaud

1371 Interested

Highlights : About Financial Edge NXT

Accounts payable

Accounts receivable

Purchasing & receiving

Fund accounting

Financial reporting

Dashboard reporting

About Financial Edge NXT

Financial Edge NXT is a cloud accounting solution from Blackbaud that provides transparency across teams, security, compliance, and reduces the need for manual processes. The system is a fund accounting solution that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. With a personalized dashboard and customizable views, Financial Edge NXT enables users to closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Financial Edge NXT offers real-time reporting, with one-click drill-down functionality and export capability, to enable data-driven decisions in real time.

Specifications

Business Size

Enterprise

Deployments

Cloud

Language Support

English

Platforms

Product Details

Features

Accounts payable

Accounts receivable

Purchasing & receiving

Fund accounting

Financial reporting

Dashboard reporting

Nonprofit general ledger

Account segments

Transaction characteristics

Capture transaction details

Require funds to balance

Change financial statement groupings

Complete integration with other Blackbaud solutions

Automate information flow

Eliminate duplicate data

Customizable report templates

Internal controls and compliance

Automated workflows

Financial planning and analysis

Configurable dashboards

In-depth records

Custom reports

Create multiple “what if” budget scenarios

Monitor budget versus actual performance

Update compliant reports

Presentation-ready reports

Manage grant activity

Detailed grant records

Complete grant administrative tasks

Working capital and expense management

Cash flow management

General ledger

Benefits

Simplify fund accounting and manage compled reporting.

Simplify fund accounting and efficiently manage complex reporting requirements and maintain a streamlined chart of accounts with Financial Edge NXT's flexible general ledger structure.

Eliminate duplicate data entry

Streamline communication across the entire organization and eliminate duplicate data entry with Blackbaud's ERP which helps automate information flow between offices.

Financial planning and analysis

Review critical information using Blackbaud's configurable dashboards and custom reports, and get a more detailed look at transactions for financial planning and analysis.

Limit the need for spreadsheets

Limit the need for spreadsheets by storing all grant related data within a single system and complete all grant administrative tasks in one place.

Manage accounts payable, accounts receivable, and cash flow with efficient workflows

Manage accounts payable, accounts receivable, and cash flow with efficient workflows to ensure the organization's spending policies are enforced and reduce time consuming manual processes.

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