Cloud Fund Accounting for Nonprofit Organizations
Built for compliance with industry accounting standards, Blackbaud Financial Edge NXT is made to manage the complex accounting and reporting requirements of nonprofit organizations while simplifying your daily experience.
- Save time by eliminating manual data entry—and the errors and headaches that come with it
- Create customized reports to show the information you want, the way you want it, and drill down into those reports with a single click to make smart decisions on the fly
- Connect your financial team from any location and securely share reports with other non-financial users on a view-only basis
- Easily customize and scale your solution—thanks to an open API— and always keep up with the latest technology through rapid, ongoing enhancements that happen automatically
Whether your organization manages a diverse revenue stream, is primarily grant-funded, or derives most of its revenue through fundraising efforts, Blackbaud Financial Edge NXT can help you streamline your financial management processes, so you can do more with your resources.
See how Blackbaud Financial Edge NXT simplifies accounting challenges. Take the tour.
Blackbaud Financial Edge NXT simplifies fund accounting so you can work more efficiently and your organization can grow. And Blackbaud Financial Edge NXT is powered by Blackbaud SKY®—the only cloud built to power social good. That means you take advantage of pre-integrated services, secure data, and rapid updates…built in and automatic. What could be simpler?
In this webinar, you’ll see how Blackbaud Financial Edge NXT can help you:
- Save time by eliminating manual data entry—and the errors and headaches that come with it
- Create customized reports to show the information you want, the way you want it, and drill down into those reports with a single click to make smart decisions on the fly
- Connect your financial team from any location, and securely share reports with other nonfinancial users on a view-only basis
- Easily customize and scale your solution thanks to an open API, and always keep up with the latest technology through rapid, ongoing enhancements that happen automatically
Join us to find out how moving to Blackbaud Financial Edge NXT can simplify your everyday.
Daily Disbursements
Disbursements to your account will be made every business day, excluding bank holidays.
More details, including a sample disbursement calendar, are located in the Disbursement Information tab under General Settings from within the Blackbaud Merchant Services Web Portal.
As a reminder, Blackbaud will both deposit funds and debit your bank account for the full amount of any negative or debit balances (including any chargebacks and reversals). Failure of an attempted debit will place all payouts on hold so be sure your bank allows both deposits and debits from these merchant ACH IDs.
Credit Card Updater
Using Credit Card Updater, you can minimize disruptions in monthly revenue. Your first updates will be received in 6-8 weeks, following our security and registration processes, and monthly thereafter.
Credit Card Updater is available in the following Blackbaud solutions. To ensure that it is properly configured and you can begin receiving updates, please review the documentation below:
- Blackbaud Altru®
- Blackbaud CRM™
- Blackbaud Luminate Online®
- Blackbaud Raiser’s Edge NXT®/Raiser’s Edge® (Version 7.95 Patch 2 and higher)
If you are already using Credit Card Updater, you will no longer be charged the per-update rate/monthly minimum as those costs are now included with your new per-transaction rates.
Premium Fraud Management
If your organization is experiencing online credit card fraud, you can enable Premium Fraud Management to help mitigate it and then disable the service once resolved. To enable or disable the service, login to the Blackbaud Merchant Services Web Portal and select:
- Account Management/General Settings
- Edit fraud management options
There is no additional fee charged for screening transactions.
Blackbaud MobilePay
With Blackbaud MobilePay, you can take payments on the go. Your organization is eligible to receive up to six free Blackbaud MobilePay readers. Additional readers may be purchased.
To order your readers, please complete the “Request Reader” form on our website.
Should you have any questions about these features, please join one of our upcoming product tours.
Are you a Blackbaud Financial Edge® 7 customer? Click here.
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“[Blackbaud Financial Edge NXT] is how accounting software should be - customizable, intuitive, fully portable and operational on all forms of technology."
—Jennifer Johnson, Senior Resource Association.
Are you a Blackbaud Financial Edge® 7 customer?
Click here.