NPact’s Endowment Manager is a flexible financial processing tool designed specifically for fund investment accounting. Endowment Manager enables foundations and other non-profits to automate complex recurring calculations regarding endowment fees, spending policies, income allocation, and rebalancing, removing the need for spreadsheets and compiling information from disparate systems. Endowment Manager can be integrated with NPact's GE NXT solution for Grant Management, and with Blackbaud’s FE NXT solution for Finance. Key features include: Manage endowments through configurable and customizable calculation methodologies: Average Daily Balance, Month End Balance, and Rolling Averages Access Fund Record to view the assigned revenue pools, rebalancing strategies, fee schedule, and spending policy pool Allocate investment income, fees, and spending policies while supporting exceptions Rebalance endowments against investment targets or cash Create stewardship reports and identify trends and patterns Reduce the risks associated with accounting for endowments Rapidly respond to requests and provide online access Real-time bi-directional integration with Blackbaud Financial Edge NXT Supports Investment Income, Fees, Spend Policy, Rebalancing Investment Asset Portfolios, Cash Calls
Grant Edge NXT is a comprehensive system designed to handle the entire grants management process.
Having used the software for financial management, this reviewer appreciates the outstanding support from the team, which demonstrates deep knowledge of endowment challenges. The pricing model is expensive and lacks transparency, making it less accessible.
View Full ReviewNPact is a company that specializes in providing software solutions tailored for nonprofits, foundations, and financial institutions involved in philanthropic activities. The company offers comprehensive tools designed to streamline grant management, donor management, and fund accounting processes, thus enhancing operational efficiency and transparency for their clients. NPact's solutions are aimed at facilitating increased engagement, better decision-making, and proactive management of philanthropic endeavors. By leveraging their technology, organizations can efficiently handle the complexities of fundraising, grants, and donor relations.