View
214
Download
0
Category
Preview:
Citation preview
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 1/8
The Financial Edge™ comprehensive nancial management solution
Solution Overvie
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 2/8
Making smart nancial decisions or your nonprot is more dicult and critical than
ever. Do you have the tools you need to ensure that your organization’s mission will
be carried out in the coming months, years and decades?
The reality is that today’s economic climate poses tough new challenges or
nonprots. The organizations with sustained growth are those with leaders who
have adopted a business-oriented approach toward managing organizational
nances. With increased competition or revenue and unding sources, and
dwindling numbers o volunteers, members and clients, nonprots o all sizes ndthat they must dierentiate themselves rom the thousands o other organizations
competing or their donors’ dollars. As a result, successul nonprots have adopted
a more aggressive approach toward nancial management.
The Financial Edge™ by Blackbaud gives you the power and versatility you need
to make smart strategic decisions. Capable o standing alone or ully integrating
with The Raiser’s Edge®, our undraising solution, The Financial Edge is the only
nancial management solution you can trust to take your accounting data to the
next level. The Financial Edge provides strategic and analytical tools to:
Help you maintain the highest level o accountability
Save time and money by streamlining your daily organizational operations
Gain the nancial insight you need to make the strategic decisions that keep
you growing
“With its integration into undraising and executive decision support
systems, The Financial Edge is a rst-rate accounting solution that
was created or, and has served well, the nonprot sector.”— Accounting Today
fnancial management or nonprot organizations
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 3/8
The Financial Edge transorms traditional accounting data into decision-making power. It is
the only accounting solution that helps nonprot proessionals make smart strategic decisions,
achieve the highest level o scal transparency and accountability, and evaluate the perormance
o every initiative or department in real-time with virtually a click o the mouse.
The Financial Edge gives you all the inormation you need to make the best nancial decisions
or today and tomorrow. Think o it as insurance or your organization’s uture.
maintain the highest level o accountability
Nonprots pledge to be aithul stewards o public unds; thereore, they have an obligation to
continually strive or excellence in nancial management, which means ensuring compliance with
complex accounting regulations. As a nonprot organization, you need proo — hard evidence
— that your resources are being used to deliver on your mission.
With The Financial Edge, you can:
Share timely, accurate inormation with key stakeholders (such as internal management,
unders and the Board)
Ensure donated unds are accounted or and protected
Quickly respond to your auditor’s requests or supporting detail
Veriy to donors that gits were used as intended
Produce easy-to-understand, presentation-quality reports and analyses
save time and money by streamlining organizationaloperations
In response to increasing competition or unding and demand or services, nonprot managers
are turning their attention toward improving daily processes to improve productivity and reduce
operating costs. To meet this challenge, managers must turn to cutting-edge technology orprocess automation and data consolidation.
With The Financial Edge, you can:
Shave hours, days or months o your reporting cycle by easily consolidating data rom
disparate databases or locations
Quickly create reports within the system rather than trying to manipulate data on external
spreadsheets
Enhance productivity and reduce input errors by automating transaction entry
Provide a clear audit trail, making it easier or your auditor to veriy your nancial statements
introducing The Financial Edge™ the only solution you’ll ever need or smart nancial management
“The Financial Edge diers
rom the majority o nonprot
accounting solutions in its ocuon management support than
on transaction management.
That is, it contains all o the
standard modules o a robust,
mid-priced accounting system
(general ledger, AP, AR, payrol
cash management, xed
asset management, pointo sale support and orms
generation), but is oriented
toward helping the managers
o nonprot organizations ma
better decisions, evaluate the
perormance o any sector o
the organization, and provide
or accountability o programsprojects and budgets.”
— Accounting To
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 4/8
gain nancial insight
Your best deense against a mounting variety o challenges is to develop a solid, growing
nancial oundation. Unortunately, many nonprots simply cannot get a clear picture o
their organization’s overall scal health because the accounting sotware they currently use
lacks predictive reporting eatures and unctionality. Managers oten have no access to real-
time budget status, requently resulting in gross misallocation o unds. Overspending and
noncompliance with governmental reporting requirements are inevitable and indicative o a much
larger problem: gradual decay o the organization’s nancial health.
With The Financial Edge™, you can:
Gain insight into critical data with just a glance at The Financial Edge’s Dashboard, an
on-screen tool including panels o summaries, lists and graphs that eciently compares and
analyzes your data to give you a snapshot o your organization’s nancial status
Fine-tune your nancial strategy based on current inormation on cash fow and accounts
Forecast accurately and gauge trends
Sharpen your managerial ocus by monitoring goals versus actual perormance
Give sta and board members insightul inormation — beore they ask or it
the big picture: what The Financial Edge can do or you
The Financial Edge is designed to meet one ultimate goal — to help you achieve the kind o
growth you need to ensure a sound nancial uture. It guides your strategic planning and arms
you with the knowledge you need to make the best decisions or your organization. Strategic
accounting is the key to your long-term security, and The Financial Edge is your vehicle.
With The Financial Edge, you can:
Forecast and budget with both internal and external reporting support and strong
internal controls
Make smart nancial decisions with up-to-the-minute snapshots o cash fow position,
payments due, etc.
Increase accountability and eciency with instant, real-time details on program status
Instantly veriy to donors how gits are spent and determine how unds are divided
among programs Improve reporting accuracy and eciency by producing FAS 117 reports directly rom the
system, eliminating margin or error rom exporting data to spreadsheets
Customize with business rules, reports and orms
Process collections easily and eciently
Our organization needed a
way to pull accurate reports
on a consistent basis. With our
old system, we could only pull
eports once a month, and evenhat required days o labor.
Now that we use The Financial
dge, I can send out reports
daily and keep twenty o our
most important stakeholders
normed.”
— Dorothy Hammond,
Director o Treasury Operations,US Naval Academy Alumni
Association and Foundation
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 5/8
invest in your uture
Empower your sta with the inormation they need to make smart decisions
immediately — without waiting or outdated reports or having to depend on
inaccurate inormation rom multiple databases.
Backed by Blackbaud, the leading global provider o sotware and services
designed specically or nonprots, The Financial Edge™ is the one
accounting solution you can trust to help you make smart nancial decisions
and protect your organization or years to come.
Track and Report at the Project
Level with The Financial Edge’s
Project, Grant & Endowment
Management™
Separate and report on activity or
various projects, special events,
endowments, exhibitions, scholarships,
investments and other entities without
exploding the number o accounts in
your system
Ensure accountability by tracking grants
and projects on a level separate rom
your chart o accounts
Easily create reports at the project level to
satisy your board members, auditors and
donors within minutes
Monitor Initiatives withDashboard
Drill down into system records rom any
panel on the dashboard
Individually monitor activities and tasks
most important to your job unction
Use the query panel to report on
organization-specic measurements
Track and instantly view critical nancial
ratios
Make Your Budget a Strategic
Planning Tool
Perorm salary and benets budgeting on
a per employee basis
Allocate salary expense on a percentage
basis or employees shared across
programs or grants
View line item budgeting details
Prepare your budget using parameters
and costs that “drive” your organization
Publish budget guidelines and
assumptions to personnel with budget
responsibility
Take Advantage o Intuitive
Navigation
Enjoy the same Web look and eel as
The Raiser’s Edge®
Customize your home page with
reminders and requently-used reports
and records
Create avorites and olders, as well as
Outlook-style task bars
Work easily with let-pane navigation
and clean data presentation organized
into Dashboard panels
Enjoy Enhanced Integration w
The Raiser’s Edge
Reduce duplicate data entry
Stop importing les — The Raiser’s
Edge pushes nancial inormation
directly to an open Financial Edge jo
entry batch
Link git records in The Raiser’s Edg
to account balances in The Financia
Edge or a tight audit trail and simp
straightorward reconciliation
Access revenue and expense allocati
inormation or a und in The Raise
Edge
Streamline Your Chart o
Accounts
The Financial Edge reduces the nuo accounts necessary or even the m
complex organizations
Track transactions by net asset class
Employ up to ve transaction codes
Prepare reports in multiple ormats w
the visual chart organizer
key benets to help ensure your success
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 6/8
implement with expert help every step o the way
Consulting Services:
Our expert consulting team leverages technology and nonprot expertise to ensure your success.
Services include business process and technical consulting across our product lines and within
all industries. From assessment and planning to program deployment and operation, our
consultants provide a smooth implementation process that enables you to receive maximum
value rom your technology investment.
Training and Education:
Learn how to get the most out o The Financial Edge™ at every level o your organization.
Once trained, your sta will have the skills necessary to execute strategic nancial management
methods with the best solution in the nonprot industry. Options or sotware training and
continuing education are endless at Blackbaud! Training options include:
Classroom training
Regional training
On-site training
The eLearning Library (24-hour online resource)
Instructor-led online training
Customer Support:
Our riendly, knowledgeable support team values lielong relationships with our clients. Through
education and support, we ocus on empowering our customers to use our sotware in a
manner that achieves the maximum benet to their organizations. Participants in any one o our
Blackbaud Advantage™ Custom Maintenance Plans have access to a wide range o resources,
including:
Fast, reliable customer support, accessible via Web, phone or email
Unlimited, around-the-clock access to sel-service resources
New sotware releases
Embedded help les, user guides, and weekly technical bulletins
User group meetings, Web orums and regional conerences
trust the worldwide leader
Approximately 19,000 nonprot organizations around the globe
depend on Blackbaud products and services or undraising,
nancial management, business intelligence, and school
administration. Blackbaud is the leader in providing sotware and
related services designed specically or nonprots.
Founded in 1981 and headquartered in Charleston, South Carolina,
Blackbaud also has operations in Canada, the United Kingdom and
Australia.
We looked at a lot o dierent
ccounting systems, and The
inancial Edge ts our nonprot
und accounting needs the best.
We’re very happy, and it’s all
been so easy! In addition to the
great sotware, Blackbaud’s sta
members — the consultants,
upport people, trainers, everyone
— have all impressed us by being
o responsive to our needs. We
haven’t been disappointed in any
rea by anybody we’ve worked
with.”
— Russ Meekins, Director o Finance,
University o South Carolina
Foundation
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 7/8
Contact us today to schedule a solution demonstration or to learn more about
The Financial Edge™: http://fnancialedge.blackbaud.com
Our nancial experts are ready to assist you.
additional blackbaud solutions
The ollowing solutions seamlessly integrate with The Financial Edge™ to meet
all o your needs:
The Raiser’s Edge®: Complete undraising solution that helps you communicate with your
constituents and make better decisions through segmentation, analysis, and powerul reporting
capabilities.
The Inormation Edge™: The rst business intelligence and direct marketing tool designed
exclusively or nonprots. Powers insightul decision-making by providing a comprehensive view
o your entire organization’s activities.
The Education Edge™: Complete sotware solution or independent and charter schools that
links student inormation across all school oces. Oers applications or secure parental access to
grades, registrar’s and admissions oces, store managers and aculty grading.
Blackbaud Analytics™: Transorms data into results with ProspectPoint™ predictive donor
modeling and WealthPoint™ wealth identication services.
Data Enrichment Services: Data cleansing and append services that strengthen your
Raiser’s Edge data to enhance your undraising eorts.
Blackbaud® NetCommunity™: A complete Web site management solution oering the
only true integration with The Raiser’s Edge, enables your organization to build stronger
relationships by creating a personalized online experience or your constituents, resulting in an
expanded and loyal network o support.
The Financial Edge: options overviewAccounting Forms™
Accounts Payable™
Accounting Queue™ or
Automating Tasks
Accounts Receivable™
Advanced Budget Management™Advanced Security™
Allocation Management™
Budget Management™
Cash Management™
Cash Receipts™
Consolidation Management™
Customization Tools: VBA and API
Electronic Funds Transer™ (EFT)
eRequisitions™Fixed Assets™
General Ledger™
PaperSave®
Payroll™
Point o Sale™
Project, Grant and Endowment
Management™
Purchase Orders™
School Store Manager™Student Billing™
8/8/2019 Brochure FE General
http://slidepdf.com/reader/full/brochure-fe-general 8/8
2007, Blackbaud Inc.
his solution overview is or inormational purposes only. Blackbaud makes no warranties, expressed or implied, in this
mmary. The inormation contained in this document represents the current view o Blackbaud, Inc., on the items
scussed as o the date o this publication.
l Blackbaud product names appearing herein are trademarks or registered trademarks o Blackbaud, Inc.
get started todayo learn more about The Financial Edge™, visit
ttp://nancialedge.blackbaud.com or contact your
lackbaud account representative.
© Blackbaud, Inc.
000 Daniel Island Drive
harleston, SC 29492
oll-ree: 800.443.9441
mail: solutions@blackbaud.com
www.blackbaud.com
about BlackbaudBlackbaud is the leading global provider o sotw
and services designed specically or nonprot
organizations, enabling them to improve operatio
eciency, build strong relationships, and raise mo
money to support their missions. Approximately
19,000 organizations use one or more o Blackba
products and services or undraising, constituen
relationship management, nancial management
direct marketing, school administration, ticketing
business intelligence, website management, pros
research, consulting, and analytics. Since 1981,
Blackbaud’s sole ocus and expertise has been
partnering with nonprots and providing them th
solutions they need to make a dierence in their
local communities and worldwide. Headquartere
the United States, Blackbaud also has operations
Canada, the United Kingdom, and Australia.
Recommended