Blackbaud’s NXT Solution Line Exceeds Expectations From Early Adopters
Customers praise solutions for usability, innovation and significantly added value
Charleston, S.C. (April 29, 2015) — Blackbaud, Inc. (NASDAQ: BLKB), a leading global provider of software and services for the nonprofit, charitable giving and education communities, today announced further highlights from its early adopter program for Raiser’s Edge NXTTM and Financial Edge NXTTM.
“Raiser’s Edge NXT is very easy to use, and it’s web-based and mobile, which is very important to us because you can use it anywhere,” said Tony Gooch, director of development for Durham Rescue Mission. “Our major donor officers are really excited about being able to quickly access the information they need so they can spend more of their time cultivating relationships with constituents.”
“As a growing organization, we decided that we needed to invest in a financial solution that was more robust than what we were previously using,” said Adam Pomerantz, CFO of WINGS for Kids. “Financial Edge NXT enables quick access to information for staff in the field, saving time and allowing them to be responsive.”
While the Raiser’s Edge NXT and Financial Edge NXT will become broadly available this summer, a group of early adopters from around the world have provided a validation of the great leap forward these solutions represent.
“We are excited to formally launch the NXT solutions that hundreds of nonprofits have already committed to implement,” said Kevin McDearis, executive vice president of Global Product Development. “With our NXT solutions, built specifically for nonprofits, we are delivering unprecedented innovation as these solutions now integrate fundraising and financial capabilities with data analytics, online fundraising, and payment processing.”
“The product is definitely the future,” said Pomerantz. “Just knowing that Blackbaud is taking what we’re saying then rolling it out into future versions has me excited that Financial Edge NXT is going to be a great product for us — and for other nonprofits moving forward.”
For more information about Raiser’s Edge NXT or Financial Edge NXT, visit www.blackbaud.com/nxt.
Serving the nonprofit, charitable giving and education communities for more than 30 years, Blackbaud (NASDAQ:BLKB) combines technology solutions and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to support more than 30,000 customers, including nonprofits, K12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, and related services for organizations of all sizes, including nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, education and other solutions. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, the Netherlands, Ireland and the United Kingdom. For more information, visit www.blackbaud.com.
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding the introduction of new products and product features, as well as the expected benefits of the new products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC’s website at www.sec.gov or upon request from Blackbaud’s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.