Deposit Connect™
Note: Don't see this yet? This feature is in Limited Availability (LA) and is releasing in waves. During the LA, we'll review and implement participant feedback to prepare for general availability.
With Deposit Connect, Raiser's Edge NXT, Blackbaud Merchant Services (now part of Blackbaud Integrated Payments), and Financial Edge NXT work together to reduce the burden of manually reconciling a deposit to your general ledger.
This feature is designed for Financial Edge NXT customers who process gifts through Blackbaud Merchant Services, then post gifts (in detail) from Raiser's Edge NXT to Financial Edge NXT.
After you post gifts in Raiser's Edge NXT, key details from Blackbaud Merchant Services are retrieved and display in Financial Edge NXT including gift amounts, fees, record ID, and the disbursement report. These details are used to create a deposit all within Financial Edge NXT — eliminating the need to manually reconcile disbursed payments with corresponding gift records in Raiser's Edge NXT!
To get started, scan frequently asked questions for an overview and key benefits. Next, dive into step-by-step details in our Deposit Connect tutorial.