Blackbaud Financial Edge NXT
Blackbaud Financial Edge NXT is a cloud accounting software by Blackbaud that provides teams with transparency and security, while reducing the need for manual processes. In other words, Blackbaud Financial Edge NXT simplifies fund accounting to allow organizations to work and grow more efficiently. Blackbaud Financial Edge NXT offers consumers pre integrated services such as secure data and rapid updates to ensure a simple and efficient software.
Why Blackbaud Financial Edge NXT?
· Saves time by reducing manual data entry
· Allows consumers to create customized reports and dashboards.
· Ability to connect with one’s financial team from any location.
· Can securely share reports with others via a view only basis.
· Quick and automatic updates.
· Allows consumers to budget years into the future to assess future funding needs.
· Allows consumers the ability to make comparisons across different fiscal years.
· Technology incorporated to prevent fraud, wasteful spending, and breaches in policy.
· Consumers are able to monitor their ongoing activity to gauge how behavior is being impacted.
· Simplifies grant accounting by allowing consumers to track and report transactions.
· Ability to manage cash flow and employee expenses of the organization.
· Blackbaud uses the Transport Layer Security (TLS) protocol to provide privacy and data integrity when two applications are communicating.
· They are currently switching between TLS 1.1 to TLS 1.2 encryption protocol due to the PCI Security Standards Council mandated security update.