Best Practice for Processing BBMS Gift Transaction

Michael Heneghan
Michael Heneghan
Facilitator 1
in Blackbaud Financial Edge NXT® General Discussions

We are spending SO MUCH TIME reconciling BBMS Transactions for month end processing.

Does anyone have a best practice for processing BBMS Gifts? Does your best practice detail the process accepting gifts, batching approved gifts and then posting gifts in RE?

Additionally, we are seeing that it takes 7 to 9 days for BBMS to post our cash into our Bank. Is this typical for BBMS?

We were told that using BBMS would improve and streamline our operations, we would save time & money. We haven’t seen a time savings or a money savings to date.

I would appreciate your input.

Comments

  • Alissa Booth
    Alissa Booth
    First Anniversary Kudos 1 Name Dropper Participant

    @Michael Heneghan this says answered but I can't see any responses. Would you mind sharing the answer with me? This may solve many of my issues, too. Thanks!

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