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WHITEPAPER: Your Business Office is Closely Linked to Mission Success

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Financial Edge NXT ™ —Cloud Accounting for Nonprofits The role of the nonprofit Business Office extends beyond managing the day-to-day finances and reporting requirements for the organization. It also includes providing timely and accurate information to support financial forecasting, mission-strategic decision making, operational efficiency, program success, and effective cash management. In order to bolster mission success for the organization, the Business Office must have a comprehensive financial management system that facilitates clear and open communication of current financial status, potential risks, and action plans with key stakeholders in order to ensure that goals are aligned across the organization. As a cloud accounting solution designed specifically for nonprofits, Financial Edge NXT ™ provides robust tools that allow your Business Office to produce timely and actionable reports, increase collaboration across departments, and effectively manage expenses—all while maintaining the integrity of your data. Cultivate a deeper understanding of your organization with real-time financial analysis anytime, anywhere. • Fast, flexible reporting allows you to quickly adapt reports and dashboards for various stakeholders. • Powerful budgeting tools help you plan for the future and be prepared for unexpected financial scenarios even across various fiscal periods. Break down communication silos and improve collaboration across your organization. • Automate information flow between your Business and Development Offices with full integration with Raiser's Edge NXT ™ , the world's leading fundraising and CRM solution. • Easily and securely share information with key stakeholders. Take your funds further with the ability to better understand and control costs. • Maintain data integrity with the ability to create and manage unique business rules. • Manage tight approval controls around spending and maintain compliance with funding requirements. Financial Edge NXT is delivered by Blackbaud, the world's leading software provider powering the social good community. Blackbaud connects and empowers organizations to increase their impact through software, services, expertise, and data intelligence. Blackbaud delivers innovative nonprofit management solutions that are intuitive, scalable, and secure. With the Total Solution, you can streamline and automate processes across key functions—including accounting, constituent management, fundraising, and more— enabling your organization to take your funds further and grow your mission.

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