The Financial Post

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.

In This Issue

This month's post features these topics:

• What’s New
• What’s Next
• Total Web Solution Journey
• Total Web Solution Town Hall

What’s New

We recently released several new features in Financial Edge NXT web view!

Purchase Orders. You can now add and manage purchase orders in web view. Purchase orders is currently in Limited Availability (LA). Some of you already see these changes, and some will see these updates in an upcoming wave.

Rename reports. You can now rename your existing reports from the Reports list page in web view. To rename a report, select Rename from the menu.

Grant Budget vs Actual Report. Under Reporting, you can now run the Grant budget versus actual report in web view. This general ledger report displays budget info and the actual activity of selected grants and accounts. Use this report to compare actual and budgeted revenue and expenses for a grant.

Fixed Assets Business Rules. You can now manage General business rules for Fixed Assets in web view. Business rules help you customize standard procedures and requirements. We're releasing these updates in waves. Some of you already see these changes, and some will see these updates in an upcoming wave.

Payables Business Rules. You can now manage Payables business rules in web view. We're releasing these updates in waves. Some of you already see these changes, and some will see these updates in an upcoming wave.

What’s Next

We are currently working on several features and enhancements for Financial Edge NXT web view. Here are some of the updates you will see in upcoming releases:

Grant Activity Tile — Use the Activity tile on the grant record to view all project and transaction code activity associated with the grant.

Fixed Assets Business Rules — You will soon manage Fixed Assets business rules in web view. Business rules help you customize standard procedures and requirements.

Treasury — We’re introducing updates to Treasury's deposits and Miscellaneous (Misc.) Payments in Financial Edge NXT in the coming weeks. Misc. Payments replaces Cash Receipts in the database view, so you'll no longer have access to those records there. Bank accounts, credit card accounts, and Treasury reports are not impacted by these changes and customers with Accounts Receivable are not part of this release.

Bank Feed (Yodlee) — We are upgrading our Yodlee/Fastlink APIs in Financial Edge NXT to improve performance and offer a better user experience. This upgrade also supports open banking.

Attachments — For security purposes, we are updating how attachments are downloaded in database view and WebPurchasing.

We will now scan all attachments with anti-virus scanning to improve your security experience. Attachments will be accessed via a shortcut link (URL extension) that will open to a Financial Edge NXT landing page, allowing you to access and download the file.

Receivables – Receivables will be offered as a read-only Preview. We'll monitor your feedback and make improvements as we prepare for general availability.

Total Web Solution Journey

As Blackbaud Financial Edge NXT shifts to a total web solution, we're moving the following features from database view exclusively to web view over the next several months:

Since we release in waves, you may receive the updates immediately or in a future release. To track details and timelines, bookmark the Total Web Solution page.

NOTE: To keep you informed of upcoming changes, we will periodically display a Review total web solution features screen when you log in to Financial Edge NXT listing upcoming features that are moving to web view.

Total Web Solution Town Hall


Join Blackbaud Product management on September 12, (3pm ET) as we discuss the timeline and what's next in our journey to a total web solution.

Register now for this live event!