Financial Edge NXT

Click below to watch the video on PARIS.

Throughout most weeks, I communicate with members of various development and advancement teams. We discuss their data and strategies to maximize its potential. There are two recurring issues that I commonly encounter.

The most successful organizations of any type these days tend to be data-driven. However, to make decisions based on data, you need reliable, current, easy-to-consume data so that all of your stakeholders can be on the same page. An automated...

Any organization using the projects feature in Blackbaud’s Financial Edge software is familiar with the standard Financial Edge NXT Project Activity Report and its importance. The Project Activity Report gives users with responsibility for one or...

AI can analyze data at speeds exponentially faster than human analysts. Integrating AI for data analysis helps organizations embrace a data-driven decision-making culture, which can increase revenue, enhance operational efficiency, and provide swift...

In the midst of all of the discussions and hype about the transformative power of Artificial Intelligence (AI) across various information worker sectors, finance team members might feel somewhat left out. The spotlight has largely been on how AI can...

Reporting Xpress Collaborates with Blackbaud to Enhance Nonprofits' Decision-Making with Automated Reporting and Distribution Solutions

So, we have been experimenting with the new AI tool ChatGPT and decided to ask it to write a blog post on the advantages to nonprofits of automating reporting. We think ChatGPT did a pretty good job, so decided to share the response:

Some organizations like to see a presentation of their financial numbers with the income statement and balance sheet information on the same page. Creating that report usually requires manual manipulation of other standard reports in Excel, which...

Artificial Intelligence (AI) is already making a big impact across the nonprofit landscape, with much of the buzz focused on areas like fundraising and donor engagement. Organizations are using AI to make fundraising more personalized and...