Cloud Fund Accounting for Community Health Providers and Federally Qualified Health Centers
Community health providers are facing greater internal and external pressures to demonstrate fiscal responsibility and expand their services. This need for increased transparency coupled with everevolving regulatory requirements means it’s more important than ever for nonprofits to be equipped with comprehensive tools to record, analyze, and understand all of their financial data.
Blackbaud Financial Edge NXT is an intuitive, cloud-based fund accounting solution designed exclusively for nonprofit organizations, so your team can save time on data entry and reporting while demonstrating effective stewardship—all while making better strategic decisions with your data.
- 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
Are you a Blackbaud Financial Edge® 7 customer?
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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.
Want to see how Blackbaud Financial Edge NXT can help you?
Please select the video below that best fits your organization’s funding source:
Primarily Contribution Funded
Blackbaud Financial Edge NXT provides everything you need to expedite monthly reporting, automate operational processes, and ensure the overall financial integrity of your organization.
Primarily Grant Funded
Administer more grants with ease by completing tasks in one system. From data entry to budget checking to report distribution, Blackbaud Financial Edge NXT can significantly reduce grant administrative effort.
Mixed Income
Whether you manage contributions, grants, earned income, etc., Blackbaud Financial Edge NXT has all the tools you need to manage your financial reporting, monitor program success, and ensure overall integrity at your organization.
Want a personalized demo?
See how Blackbaud Financial Edge NXT can solve your challenges.
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Ready to learn more about Blackbaud Financial Edge NXT?
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Curious what the fuss is about?
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“As a Federally Qualified Health Center, the key to our financial staff’s efficiency is effective reporting for a large group of funders and other stakeholders. I’ve always seen this as the strength of Financial Edge, and now Financial Edge NXT simplifies the reporting process and allows us to easily analyze details so we’re confident about the data.”
—Chris Dons, Lawndale Christian Health Center
Missed our live webinar?
Watch it on-demand!