Charleston, SC (Vocus) September 12, 2009
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:
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.
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 http://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. 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 http://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.
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