The Financial Post

Estimated read time: 4 minutes 45 seconds

Hello and welcome to The Financial Post for October 2022!

On the first Thursday of every month, we bring you the latest Blackbaud Financial Edge NXT® news on everything from current projects and initiatives to release information and much more!

If you haven’t had a chance to read last month’s edition of The Financial Post, you can check it out here.

What's New

Home page enhancements. The Home page now includes two new tiles — Updates and Tasks.

• Updates continues to list recent Blackbaud and Financial Edge NXT announcements.
• Tasks displays a list of items for you to quickly access and add important data such as a new payable invoice, vendor, or account. An engineer at your organization can also use Blackbaud's SKY Add-ins™ to customize and include your preferred tasks on this tile.

In addition, your engineer can also use SKY Add-ins to customize and add other tiles on the page, such as a Getting Started tile. For more details, see SKY Add-ins extension points: Home page.

Tip: You can also browse the Blackbaud Marketplace to find partner applications to add other actions and tiles using SKY Add-ins.

One-time check payments are used for people whom you will not make payments to again, or very rarely. This helps to limit the number of records saved in your system.

You can create one-time checks from the bank account record when you process payments. For more information, see One-Time Check.

Create Custom Dashboards Using New Financial Insights. For more flexibility to consume and share data, in Analysis, Dashboard builder, you can now use the following out-of-the-box insights:

• Invoice request list by approvals - With this donut chart insight, analyze the last user who approved a request. Use this insight (along with the Invoice request list by expense category table insight) to thoroughly review your expense management transactions.
• Invoice request list by expense category - With this table insight, analyze invoice requests including vendor, current status, associated approval rule, expense category, date, and amount. Use this insight (along with the Invoice request list by approvals donut chart insight) to thoroughly review your expense management transactions.
• Invoice request list by requestor - With this donut chart insight, analyze the status of invoice requests to assess which ones need attention. Filter by date range or vendor (requestor) for more details.

For more information, see Financial Insights.

Insight Designer. Insight Designer (powered by Blackbaud SKY®) is now available to purchase for Financial Edge NXT.

With Insight Designer, you can create new, custom insights for additional flexibility. With custom insights, you can:

• Design different chart types such as tables, bar and column charts, or tree maps. For more information, see Insight Types.
• Choose which facts and attributes to use. For example, you can view totals or counts based on different criteria.
• Apply filters to specific facts to narrow their focus.

Tip: As a reminder, to get started designing custom financial insights, see Financial Insights Recipes and the Insight Designer Quick Start.

With a dashboard's flexible formatting options, you can:

• Place out-of-the-box and custom insights side-by-side and adjust their sizes.
• Edit an insight's facts and attributes directly from the dashboard.
• Share dashboards with others at your organization.

Note: If you currently use Insight Designer with Raiser’s Edge NXT or Blackbaud Education Management, you can already create new, custom insights within Financial Edge NXT. With this release, this feature is now available for others to purchase for Financial Edge NXT.

What’s Next

We are currently working on several features for Financial Edge NXT web view.

• Post parameters
• Electronic signatures
• Permissions

Customer Success Webinars

You are invited to attend the Financial Edge NXT enablement webinars we have scheduled for October!

The Blackbaud Customer Success Team is offering a series of webinars that will help you organize your fixed assets and simplify custom reporting capabilities within Blackbaud Financial Edge NXT. 

Join us to:

• Learn best practices for business rules and settings while understanding how customize your view and columns, add assets, and calculate deprecation during Getting Started with Fixed Assets.
• Explore ways to assess your organization's overall accounting performance and effectiveness with Analysis’s powerful reporting tools. Join us for Improve Stewardship and Drive Action with Dashboards and Insights.
• Get additional questions answered during our Chat with the Experts Live Q&A.

If you’re unable to attend, you can still register and view the on-demand session at a later time. To learn more, click here.

Stay in the Know

Thirsty for more Financial Edge NXT knowledge? Here are some of the best ways to learn more about what's coming:

• Community Announcements. The Community is a great way to stay informed. Subscribe to Financial Edge NXT Community Announcements by clicking on the "Subscribe" link at the top of this blog. You can then select how often you want to receive update notifications.
• Release Updates. Check out What's Recent, What's New, and What's Next to get all the details on prior, current, and future releases. To help keep you up to date on the most recent developments, What's New automatically opens when you log in to the web view.
• In-Product Help. Help documentation throughout Financial Edge NXT is context sensitive. So, no matter where you are in the solution, you can click the bright green question mark at the top right of your screen to get help for that feature.

We hope you'll stop by to check out next month's issue!