Blackbaud Financial Edge NXT Pricing 2024 (2024)

Blackbaud Financial Edge NXT Pricing Overview

Blackbaud Financial Edge NXT

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What is Blackbaud Financial Edge NXT?

Financial 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.

Offerings

  • Does not haveFree Trial
  • Does not haveFree/Freemium Version
  • HasPremium Consulting/Integration Services

Entry-level set up fee?

  • Setup fee required

For the latest information on pricing, visit https://www.blackbaud.com/products/blackbaud-financial-edge-nxt/pricing

Blackbaud is currently offering the first six months of Financial Edge NXT free for new customers. Limited conditions apply.

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Blackbaud Financial Edge NXT Alternatives Pricing

The following is a quick overview of editions offered by other software in similar categories

QuickBooks Online
$15per month

What is QuickBooks Online?

QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.

FastFund Online
$35

What is FastFund Online?

FastFund Online from Araize is an SaaS system that integrates nonprofit, fund accounting, fund raising (CRM) and payroll in a single solution. The vendor says FastFund Online is designed to help nonprofits take control of their fiscal and development responsibilities in order to be more accountable…

Related Quote from JoAnne Thielen

JT
JoAnne Thielen

Controller

Sisters of the Order of St Benedict (Non-profit Organization Management, 51-200 employees)

hope they will improve communication as well as product development. The cost of the software is very high which makes it a barrier to use for small organizations

Related Quote from Quoc Vo

Incentivized

Quoc Vo

Director of Technology

La Jolla Country Day School (Education Management, 201-500 employees)

does not connect easily to social media platforms.The product can be expensive for smaller businesses.

Related Quote from Geri Meyer

Incentivized

Geri Meyer

CFO (Chief Financial Officer)

Jim Pattison Children’s Hospital Foundation (Hospital & Health Care, 11-50 employees)

From the onset we worked with a Blackbaud approved valued partner, Sargent Solutions to consult and assist in the transition from

Related Quote from Jan Tucker

Incentivized

JT
Jan Tucker

Account Supervisor

Frank Phillips Foundation (Museums & Institutions, 11-50 employees)

Financial Edge NXT has as much or as less for a company to choose from. The cost associated with it could be prohibitive to some smaller companies. We are

Related Quote from Verified User

Incentivized

Verified User

Employee in Finance and Accounting

Accounting Company, 201-500 employees

reportingproduct does seem a bit pricey, if you want additional tools, they cost, non profit versus for profit users

Related Quote from Jessa Jochems

Incentivized

JJ
Jessa Jochems

Accountant

University of Wyoming Foundation (Non-profit Organization Management, 51-200 employees)

financial performance from department to department also has allowed for accurate cost comparisons for budget purposes.

Related Quote from Verified User

Incentivized

Verified User

Manager in Finance and Accounting

Religious Institutions Company, 11-50 employees

processes have been streamlinedThe costs are high, but the benefits outweigh the cost

Related Quote from Verified User

Incentivized

Verified User

Administrator in Finance and Accounting

Education Management Company, 51-200 employees

Quickbooks.I recall FENXT being more expensive than other software out there, but the efficiencies gained make up for the cost differentiation.You just need

Related Quote from Verified User

Incentivized

Verified User

Analyst in Finance and Accounting

Health, Wellness and Fitness Company, 201-500 employees

available, helpful in accounting but not for federal grants in viewing/analyzing cost as well tracking and analyzing payroll trends--with the lack of payroll details

Related Quote from Verified User

Incentivized

Verified User

Administrative Assistant in Finance and Accounting

Non-profit Organization Management Company, 501-1000 employees

I am in charge of doing the accounts payable. FENXT has been so much more user-friendly than our previous software. It is easy to learn and easy to use

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Incentivized

Verified User

Team Lead in Finance and Accounting

Non-profit Organization Management Company, 51-200 employees

Accounts Payable.Credit Card Charges.Vendors.Budgeting.

Related Quote from Jenny Wuchner

Incentivized

JW
Jenny Wuchner

Finance Director

Habitat for Humanity of Evansville, Inc (Non-profit Organization Management, 11-50 employees)

waiting for something to load.Sometimes transactions default to the first value instead of the correct value. My transactions sometimes default to petty

Related Quote from Jeanne Welch

Incentivized

Jeanne Welch

Director of Finance and Operations

Yavapai College Foundation (Higher Education, 1-10 employees)

There has definitely been a negative impact on our budget. This product is expensive, but we have so far been able to remain committed to continuing the efficiencies

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Incentivized

Verified User

Executive in Finance and Accounting

Government Administration Company, 11-50 employees

No. Company has limited resources and already has a high cost for licenses.

Related Quote from Carolyne Lehr

Incentivized

CL
Carolyne Lehr

CFO (Chief Financial Officer)

The Barstow School (Education Management, 201-500 employees)

the millions. It is less appropriate for smaller nonprofits due to its price point.

Related Quote from Lisa Andrew

Incentivized

LA
Lisa Andrew

CFO (Chief Financial Officer)

Prevention First (Non-profit Organization Management, 11-50 employees)

for expense management, cash management, budgeting, fixed asset management, cost allocations, and electronic record storage. I used Blackbaud's Fundware until

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Incentivized

Verified User

Employee in Finance and Accounting

Non-profit Organization Management Company, 51-200 employees

modules. However, I wouldn't recommend it for small organizations due to the cost potentially outweighing the benefit.

Related Quote from Verified User

Incentivized

Verified User

Manager in Finance and Accounting

Non-profit Organization Management Company, 51-200 employees

Knowledge base we have access toPricing is a challenge every year and do not give enough time to question new chargesSome functionality is missing for

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Incentivized

Verified User

Vice-President in Finance and Accounting

Non-profit Organization Management Company, 11-50 employees

entity's needs. However, Blackbaud added a "Payment Enablement Fee" in the middle of our fixed price contract, and despite being a loyal user for over 10 years … cited the fine print of the contract that allowed them to add this additional fee in the middle of our contract.…

Related Quote from Mike Reckers

Incentivized

MR
Mike Reckers

CFO

RUAH WOODS (Non-profit Organization Management, 11-50 employees)

single owner business.JD Edwards was far superior to Blackbaud although the cost was much higher. JD Edwards was powerful but complex to learn.Blackbaud

Related Quote from Ryan Pedersen

Incentivized

RP
Ryan Pedersen

Senior Financial Analyst

Mount Michael Benedictine (Non-profit Organization Management, 51-200 employees)

duplicating it on the FE sideFixed Assets. The ability to adjust acquisition cost is helpful

Related Quote from Steve Robertson

Incentivized

Steve Robertson

Director of Finance

Agape Child and Family Services (Non-profit Organization Management, 51-200 employees)

Very easy process for paying bills with EFTCost of the software is getting very expensiveExpense management will be very helpful

Related Quote from Verified User

Incentivized

Verified User

Administrator in Corporate

Non-profit Organization Management Company, 1-10 employees

standardWe have had trouble with posting in RE and it not showing up in FECost is very high

Blackbaud Financial Edge NXT Pricing 2024 (2024)

FAQs

How much does Blackbaud Raiser's Edge NXT cost? ›

Raiser's Edge NXT pricing starts at $4,000 per year for 1,000 records, and that doesn't include the cost of event, prospect, or volunteer tracking modules—or the training you'll need to learn how to use NXT. In comparison between Bloomerang vs.

Is Raiser's Edge expensive? ›

Pricing for Blackbaud Raiser's Edge NXT starts at $4000.00/year.

What is Blackbaud financial Edge NXT? ›

Blackbaud Financial Edge NXT®

Effectively manage financial reporting, monitor and track program success, and support fundraising efforts, all in one complete nonprofit accounting software system built to streamline financial processes and ensure the overall integrity of your organization.

What is the financial edge? ›

Blackbaud Financial Edge NXT

A complete cloud-based fund accounting solution designed for nonprofits and government entities.

Does Blackbaud charge a fee? ›

Note: In most solutions, you're responsible for paying the fee for each transaction equal to or greater than $3,000 through a Complete Cover-enabled form. For Optimized Donation Forms in Online Giving, donors can cover fees instead. For more information, see Fee Coverage in Online Giving Help.

Is Blackbaud worth it? ›

Blackbaud is the gold standard

It is expensive, but if your organization is large enough to afford it AND if you take the time and resources to train your employees to get the most out of it, you will gain tremendous insight into your donors and constituents.

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