Financial Edge NXT Payables – Trick Or Treat?

Cynthia Hurt

With Halloween right around the corner, you may be thinking about what costume you’ll wear or finding the perfect pumpkin. Or maybe you’re more concerned with the scariest nightmare of all…a monster payables process. Just thinking about it gives me chills! Here are a few tricks to consider to make your payables process less ghoulish:

• Include default distributions and payment details to speed up invoice entry
• Check out vendor activity graphs to spot trends that can be incorporated into upcoming budget plans
• Get ahead of the year-end frenzy by setting up EFT accounts to make payments a breeze

  

If you’re interested in learning more about adding new data to Payables in Financial Edge NXT, the Blackbaud University eLearning course Financial Edge NXT: Basics of Payables Data Entry is freshly updated with the most current information available and lots of valuable tips. All Financial Edge NXT subscribers have access to Blackbaud University eLearning, which is available 24 hours a day for your convenience.

 

If you are still spooked, we have a treat for you. No, it’s not a pillowcase full of candy, it’s the release of our new course Financial Edge NXT: Processing Payables! Learn how to effectively manage the full payables process, from entering vendor and invoice information to making payments and posting to the general ledger—no hocus pocus necessary. This three-hour instructor-led class is included in Financial Edge NXT Essentials and Professional subscriptions.

 

What tricks does your organization use to effectively manage payables? Comment below, or start a conversation in Discussions here in the Community.