This award is a reflection of Blackbaud’s commitment to our customers, and our ongoing practice of incorporating their feedback into our software solutions.
Charleston, SC (Vocus) December 10, 2009
Blackbaud, Inc. (Nasdaq: BLKB), announced that its accounting and financial management solution, The Financial Edge™, has won its second consecutive Campbell Award for receiving top honors in a survey of 3,000 U.S. nonprofit professionals. The online nonprofit accounting survey conducted by Campbell Rinker in September, gathered information on user satisfaction, pricing preferences, purchasing habits, and organizational scope and size.
“It is an honor to be recognized again with a Campbell Award for The Financial Edge by the nonprofits we partner with every day,” said Lou Attanasi, Blackbaud’s senior vice president of products. “This award is a reflection of Blackbaud’s commitment to our customers, and our ongoing practice of incorporating their feedback into our software solutions. Our goal is to equip organizations of all types and sizes with exactly what they need to accomplish their financial management goals.”
The Financial Edge is a comprehensive fund accounting solution designed to transform traditional accounting data into decision making power. It is the only accounting solution that helps nonprofit professionals make strategic decisions, and achieve fiscal transparency and accountability.
Campbell Rinker is an independent research firm that specializes in producing marketing research for nonprofits, and the companies that serve nonprofits. This survey, conducted every two years, is the only research that focuses on this unique product category. Additional survey results are available for download on the Campbell Rinker website.
"We love that this study provides nonprofit staff members with an opportunity to voice their opinions about the solutions they use," said Dirk Rinker, President of Campbell Rinker. “I’m also glad that with our Campbell Award we are able to recognize companies like Blackbaud that help these nonprofits by providing outstanding accounting solutions."
The latest enhancements to The Financial Edge have incorporated feedback from users to extend the flexibility of the system. In May, 2009 Blackbaud announced the availability of WebPortal™ for The Financial Edge™, streamlining and extending accounting procedures to the web. Blackbaud also recently added F9® for The Financial Edge™, a financial reporting tool that enables users to create flexible, customized financial reports in Microsoft® Excel®. With the introduction of The Financial Edge™ for Small Offices in September 2009, Blackbaud now offers a variety of configurations with flexible pricing and deployment options to scale from one user to hundreds-of-users. 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. In addition, Blackbaud also offers an extensive training curriculum through Blackbaud Learn™ for The Financial Edge™ with local, regional and online courses. For more information, visit http://www.blackbaud.com/financialmanagement.
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.
About Campbell Rinker:
Campbell Rinker bestows Campbell Awards to several categories of software and online solutions serving the nonprofit community, with the ultimate goal of helping nonprofits prosper through technology. Campbell Rinker is a member of the Council of American Survey Research Organizations and the Marketing Research Association. For more information on Campbell Rinker and its research, visit http://www.CampbellRinker.com.
melissa.dodge (at) blackbaud (dot) com
Director of Syndicated Research
jcross (at) campbell-rinker (dot) 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.