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Blackbaud Financial Edge NXT vs. Financial Edge (legacy)

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Blackbaud Financial Edge NXT

    Score8.5 out of 10
    N/AFinancial Edge NXT is a cloud accounting solution tailored for nonprofits that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. It offers real-time reporting, with one-click drill-down functionality and export capability.N/A

    Financial Edge (legacy)

    Score6.8 out of 10
    N/AA legacy software offering, Blackbaud now instead offers and supports their cloud-based accounting solution, Blackbaud Financial Edge NXT as a modern alternative.N/A
    Pricing
    Blackbaud Financial Edge NXTFinancial Edge (legacy)
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Blackbaud Financial Edge NXTFinancial Edge (legacy)
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional DetailsBlackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.—
    More Pricing Information
    Community Pulse
    Blackbaud Financial Edge NXTFinancial Edge (legacy)
    Considered Both Products
    Blackbaud
    Chose Blackbaud Financial Edge NXT
    Reporting is more detailed and customized to a certain point.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    Financial Edge NXT is easier to use and more appropriate for an organization of our size. FE NXT is also more intuitive.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    Raiser's Edge integrates well with Financial Edge.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    Our school decided as a whole to upgrade, the Financial Edge NXT was just for our business office. What we were sold on, is not available in NXT right now. I still have to currently use Blackbaud hosting services for efficiency and accuracy without the back and forth …
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We did not evaluate other comparable products, we were hosted with FE 9, so beginning to explore the features and uses of Financial Edge NXT was a logical next step.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    just Financial Edge... DUE TO STUDENT BILLING SUNSETTING, WE NOW USE SCHOOL ADMIN FOR ADMISSIONS, ENROLLMENT AND BILLING [WHICH WERE ONCE ALL DONE THROUGH BLACKBAUD]
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We previously had Fundware by Blackbaud
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We did not evaluate another software, that I am aware of.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We are satisfied with Financial Edge as an accounting package. NXT is a nice add on but we don't give it a lot of weight since it is not complete.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    PeachTree Accounting Software which we discontinued because of the batching and it now having "real time". Red Wing Controller was extremely user friendly and I generally recommend that to constituents. QuickBooks was another option used by our sister company and it was able …
    Incentivized
    Chose Blackbaud Financial Edge NXT
    None
    Incentivized
    Chose Blackbaud Financial Edge NXT
    I've used other small programs in previous jobs. They were fine as well. I don't know if any of them were much better or worse. But the linking to RE NXT makes it the best for us. Without RE, I don't know if we'd go for it necessarily.
    Incentivized
    Chose Blackbaud Financial Edge NXT
    I had used Oracle in previous positions. While it is robust, I feel Financial Edge NXT has a better GUI and also more features/functionality that is easier to use. Being a smaller organization it fits our needs better. We did review over 11 software providers and chose …
    Incentivized
    Chose Blackbaud Financial Edge NXT
    NBS has been using Blackbaud's Financial Edge since the late 1990s, Blackbaud's donor management software for nearly as long, and their student information system for the past five years. It would be unbelievably difficult and complex to switch to another financial package.

    Black…
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We were using QuickBooks prior to Financial Edge and they do not compare in the least. QuickBooks does not have the capability or the scalability that we needed in order to prepare our organization for growth. Financial Edge allowed us the freedom to grow without increasing the …
    Incentivized
    Chose Blackbaud Financial Edge NXT
    We previously used QuickBooks and while we were comfortable with the functionality and ease of use, we chose to move forward with Financial Edge and then the NXT version because of the integration with the other modules and being able to link all of the data together to reduce …
    Incentivized
    Chose Blackbaud Financial Edge NXT
    More flexibility when it comes to number or tracking options (project, dept, etc). QuickBooks is a good solution for small organizations but we had outgrown it (but still use if for our offices overseas).
    Incentivized
    Chose Blackbaud Financial Edge NXT
    No comparison. NXT is easy to understand what you are looking at and easy to create reports on the fly.
    Incentivized
    Discontinued Products
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Blackbaud Financial Edge NXTFinancial Edge (legacy)
    Payroll Management
    Comparison of Payroll Management features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    4 Ratings
    Pay calculation00 Ratings1.03 Ratings
    Benefit plan administration00 Ratings1.02 Ratings
    Direct deposit files00 Ratings1.02 Ratings
    Salary revision and increment management00 Ratings1.03 Ratings
    Reimbursement management00 Ratings1.04 Ratings
    Customization
    Comparison of Customization features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    7 Ratings
    API for custom integration00 Ratings1.05 Ratings
    Plug-ins00 Ratings1.07 Ratings
    Security
    Comparison of Security features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    9 Ratings
    Single sign-on capability00 Ratings1.06 Ratings
    Role-based user permissions00 Ratings1.09 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    9 Ratings
    Dashboards00 Ratings1.09 Ratings
    Standard reports00 Ratings1.09 Ratings
    Custom reports00 Ratings1.09 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    10 Ratings
    Accounts payable00 Ratings1.09 Ratings
    Accounts receivable00 Ratings1.07 Ratings
    Cash management00 Ratings1.09 Ratings
    Bank reconciliation00 Ratings1.010 Ratings
    Expense management00 Ratings1.08 Ratings
    Time tracking00 Ratings1.04 Ratings
    Fixed asset management00 Ratings1.08 Ratings
    Multi-currency support00 Ratings1.05 Ratings
    Multi-division support00 Ratings1.06 Ratings
    Regulations compliance00 Ratings1.07 Ratings
    Electronic tax filing00 Ratings1.04 Ratings
    Self-service portal00 Ratings1.07 Ratings
    Global Financial Support00 Ratings1.06 Ratings
    Primary and Secondary Ledgers00 Ratings1.08 Ratings
    Intercompany Accounting00 Ratings1.08 Ratings
    Localizations00 Ratings1.05 Ratings
    Journals and Reconciliations00 Ratings1.08 Ratings
    Enterprise Accounting00 Ratings1.06 Ratings
    Configurable Accounting00 Ratings1.07 Ratings
    Centralized Rules Framework00 Ratings1.06 Ratings
    Standardized Processes00 Ratings1.07 Ratings
    Inventory Management
    Comparison of Inventory Management features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    3 Ratings
    Inventory tracking00 Ratings1.02 Ratings
    Automatic reordering00 Ratings1.02 Ratings
    Location management00 Ratings1.03 Ratings
    Manufacturing module00 Ratings1.02 Ratings
    Order Management
    Comparison of Order Management features of Blackbaud Financial Edge NXT and Financial Edge (legacy)
    Feature
    Blackbaud Financial Edge NXT
    -
    Ratings
    Financial Edge (legacy)
    1.0
    2 Ratings
    Pricing00 Ratings1.02 Ratings
    Order entry00 Ratings1.02 Ratings
    Credit card processing00 Ratings1.02 Ratings
    Cost of goods sold00 Ratings1.02 Ratings
    Order Orchestration00 Ratings1.02 Ratings
    End-to-end order visibility00 Ratings1.02 Ratings
    Order exception Resolution00 Ratings1.02 Ratings
    User Ratings
    Blackbaud Financial Edge NXTFinancial Edge (legacy)
    Likelihood to Recommend
    8.5
    (150 ratings)
    1.0
    (10 ratings)
    Likelihood to Renew
    9.2
    (15 ratings)
    -
    (0 ratings)
    Usability
    8.0
    (10 ratings)
    2.0
    (1 ratings)
    Support Rating
    8.0
    (14 ratings)
    1.0
    (1 ratings)
    Online Training
    6.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    7.4
    (7 ratings)
    -
    (0 ratings)