Blackbaud Financial Edge NXT is a fund accounting system for nonprofit organisations. It helps track restricted funds, grants, projects and endowments, prepare funder reporting, and automate bank and credit card reconciliation. It also includes invoice capture, payments, budgeting, role-based access for separation of duties and report templates for the nonprofit sector. It integrates with Raiser's Edge NXT, the Blackbaud Marketplace and developer tools. Blackbaud presents it as a cloud solution.
Blackbaud, Inc. is a publicly listed US company headquartered in Charleston, South Carolina; no foreign parent has been identified. No hosting location is publicly stated for this product, so US hosting is the working assumption, although Blackbaud publishes regional privacy notices including one for Europe. Its Trust Center displays GDPR and states that Blackbaud will enter into a data processing addendum. For a European organisation, US jurisdiction, the CLOUD Act and the transfer of financial and donor data to the US are points to assess.