Blackbaud, Inc. (Nasdaq: BLKB), announced the availability of The
Financial Edge™ for Small Offices. Designed to offer value to
smaller organizations in achieving the highest level of fiscal
transparency and accountability, The Financial Edge for Small
Offices includes flexible pricing and options for deployment that scale
from one to three users, giving smaller organizations all the benefits
of the larger The Financial Edge solution.
"We understand that not all nonprofit organizations experience the same
challenges. The Financial Edge for Small Offices is just another example
of how we listen to the nonprofit market and deliver solutions to meet
their specific needs,” said Andrew Payne, Blackbaud’s product line
manager for The Financial Edge. "The Financial Edge for Small Offices
offers the benefits expected of the most powerful financial management
solution specifically designed for nonprofits.”
Tailored to meet the needs of organizations with smaller staffs, The
Financial Edge for Small Office eliminates financial barriers that force
those organizations to manage operations with systems designed for
for-profit companies. The Financial Edge automates manual tasks, helps
with forecasting and planning, and enables employees to be more
efficient by spending more time on fundraising than on spending.
The
Financial Edge, a Campbell Award recipient, helps nonprofits’
accounting operations in several areas, including:
-
Accountability/stewardship
-
Strategic financial management
-
Budgeting/planning
-
Spending
-
Collections
-
Improved visibility
-
Enhanced interdepartmental communications
With the ability to evaluate the performance of every initiative or
department with real-time reporting, The Financial Edge for Small
Offices offers choices in how an organization’s data is transported into
important and useable information. Nonprofits can choose between a
perpetual license model and a subscription-based hosted version through
Blackbaud OnDemand hosting
services.
The Association of Support Professionals (ASP) recently selected
Blackbaud’s support site as a winner of this year’s "Ten
Best Web Support Sites” award. Along with the ASP award, Blackbaud
also offers an extensive training curriculum on The Financial Edge with
local, regional and online courses.
About Blackbaud
Blackbaud is the leading global provider of software and services
designed specifically for nonprofit organizations, enabling them to
improve operational efficiency, build strong relationships, and raise
more money to support their missions. Approximately 22,000 organizations
— including University of Arizona Foundation, American Red Cross, Cancer
Research UK, The Taft School,
Lincoln Center, In Touch Ministries,
Tulsa Community Foundation, Ursinus College,
Earthjustice,
International Fund for Animal Welfare, and the WGBH Educational
Foundation — use one or more Blackbaud products and services for fundraising,
constituent
relationship management, financial
management, website
management, direct
marketing, education
administration, ticketing,
business
intelligence, prospect
research, consulting,
and analytics.
Since 1981, Blackbaud’s sole focus and expertise has been
partnering with nonprofits and providing them the solutions they need to
make a difference in their local communities and worldwide.
Headquartered in the United States, Blackbaud also has operations in
Australia, Canada, the Netherlands, and the United Kingdom. For more
information, visit www.blackbaud.com.
Source: Blackbaud
Forward-looking Statements
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. 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 related to our dividend policy
and share repurchase program, including potential limitations on our
ability to grow and the possibility that we might discontinue payment of
dividends; risks relating to restrictions imposed by the credit
facility; 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.