Blackbaud Financial Edge NXT Features

Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source.

Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.

Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record

The layout of the invoice template is fully customizable and you can add or remove fields.

Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions.

The system automates the dunning process to help drive collections

Steamlines data entry by auto populating recurring or predefined vendor values

Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow.

Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process

Creation, processing, verification, and execution of invoices till the payment is made

Create, send, and track purchase orders and their statuses

Accept electronic bank-to-bank transfers using a network called the Automated Clearing House (ACH)

Electronically collect payments for goods or services

Electronically collect payments for goods or services

Accept and process credit card transactions

Includes a tool to maintain a general ledger of the institution’s account balances

Manages accounts payable and accounts receivable

Contains integrated collaborative budgeting tools

Automates generating and distributing bills

Manages bill payments submitted by students and parents

Electronically collect payments for goods or services

Produces customized reports and financial statements

Allows reports to be exported in file formats like PDF and Excel or to other software

Compare and match accounting/financial records with corresponding bank statements

Receive data and information in real time

Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity

Create budgets based on historical data and future projections

Use AI to generate content in the form of text, images, videos, etc.

Upload, track, and submit receipts in a central database

Generate reports to assess the financial performance of an organization

Centralized accounting record which tracks all financial transactions

Captures invoice data and maintains comprehensive records for auditing and reporting purposes

Track and manage adherence to policies for any service, product, process, or supplier

Provides a channel for team members to share media files, communicate, and work together

Set up connections to third-party platforms to improve business processes

Manage and track recurring gifts

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Alter the layout and content of reports

Track and view detailed financial donation history made by contacts and members

Pre-designed layouts that can be customized to match preferences and requirements

Monitor and record expenses such as purchases or charges incurred

Track outstanding invoices and the money owed from clients

Print paychecks issued to confirm payment of wages or salary

Track and monitor inventory items, such as raw materials, unfinished goods, and ready-to-sell items

Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances

A financial statement that lists a company's accounts and details the account type and balance

Manage employee salary processes, data, taxes, and records administration efficiently

Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk

An accounting principle that identifies the specific conditions in which revenue is recognized and determines how to account for it.

Application programming interface that allows for integration with other systems/databases

Active reporting of data and metrics

Compare and match accounting/financial records with corresponding bank statements

Manage allocation and performance of financial assets

Manage and handle various international currencies

Monitor application statuses, proposals and award funds

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Plan, manage, and track the financial activities of an individual or organization

Track money owed to a company's creditors/suppliers

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Create, manage, and send invoices or bills to customers

Centralized database to track details of fixed assets such as depreciation and maintenance scheduling/history

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Track and maintain donor relationships throughout various stages/activities including contact information and previous outreach

A statement detailing the financial position of a business including assets, liabilities, and equity at a certain point in time

Access software remotely via mobile devices

Implementation of various strategies to manage tax obligations via planning and maintaining compliance

Track and document all activities across devices, networks, and other systems

Create, design and manage workflows for repetitive tasks

Manage revenue acquired through grants, donations, and other sources (accountability vs. profitability)

A type of financial statement used to record and report an organization's revenues, costs, and expenses over a specific amount of time

Log and record hours worked and costs spent to assist in billing and invoicing

Automated process of charging customers at regular intervals for repeated access or use of a product or service

Manage and track financials on a project-to-project basis

Calculation of consumption tax imposed on the sale of goods/services

Manage, organize, and store contact information

Built-in accounting to manage ledger, accounts payable/receivable, financial reports, etc.

Software specialized for non-profit organizations

Integrate with a third-party accounting system

Software designed for kindergarten through 12th grade schools

Designed to be used by kindergarten, primary, middle, and senior secondary schools.

Create, manage, and send invoices or bills to customers

Calculation of consumption tax imposed on the sale of goods/services

Manage, organize, and store contact information

Software designed for higher education organizations

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Evaluate units, projects, budgets, and other finance-related data to gauge their performance and potential risk

Track money owed to a company's creditors/suppliers

Manage and track all internal and external communication conducted via calls, email, text, or chat

Plan, manage, and track the financial activities of an individual or organization

Use AI to generate content in the form of text, images, videos, etc.

Process of managing an organization's cash resources, including cash on hand, investments, and bank account balances

Monitor and record expenses such as purchases or charges incurred

Workflows that help acquire inventory, issue purchase orders and receive and store items in required quantity

Accept, record, and reconcile financial transactions

Set up connections to third-party platforms to improve business processes

Timed notification for any upcoming task, deadline, appointment, or activity

Track collected or paid charges for services performed or access granted

Oversee the process of issuing refunds

Manage employee salary processes, data, taxes, and records administration efficiently

Active reporting of data and metrics

Calculate tax and make deductions on gross income from sources like wages, investments or self-employment

Track products that are for sale at a reduced price or part of coupon promotions

Create budgets based on historical data and future projections

Manage revenue acquired through grants, donations, and other sources (accountability vs. profitability)

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Manage information and/or provide updates regarding student financial aid

Import and export data to and from software applications

Monitor application statuses, proposals and award funds

Create, send, and track purchase orders and their statuses

Creation, processing, verification, and execution of invoices till the payment is made

Set and manage tuition fees/payments.