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Upcoming Product Innovations Will Enable Nonprofits to Leverage Innovative Blackbaud (NASDAQ:) and Microsoft (NASDAQ:) Technology to Achieve Greater Impact, Gain In-Depth Insights and Increase Efficiency
Underpinned by Microsoft technologies, Blackbaud’s industry-leading donor management software, Blackbaud CRM ® and Blackbaud Raiser’s Edge NXT ®, are engineered using the world’s most comprehensive fundraising data model. These purpose-built, powerful solutions are proven to enhance data understanding and consistency, helping social impact organizations manage complex fundraising operations and ultimately increase the number of donors, gifts, and amounts raised. By integrating Microsoft Fabric™ in its architecture to unify data sources, Blackbaud can enable new capabilities like comprehensive productivity dashboards designed for the unique needs of their customers. These dashboards, personalized by role, are designed to enable every user to focus on and prioritize their next actions and critical tasks.
These capabilities build upon the productivity increases that thousands of Blackbaud customers are already realizing as they use Blackbaud’s Microsoft Power Platform™ connectors, available on the
“A tremendous opportunity exists for our two companies to collaborate on ways to help social impact organizations use AI and automation to address key operational and financial challenges,” said
“Microsoft is committed to empowering social good organizations with the technology and tools they need to achieve more impact,” said
Blackbaud and Microsoft have a long history and shared commitment to the social impact space, rooted in Blackbaud’s early adoption of Microsoft Azure as a critical foundation for many of its core products and ongoing adoption of new Azure capabilities. Blackbaud’s leading financial management software Blackbaud Financial Edge NXT ® will soon leverage the Microsoft Azure AI Document Intelligence service for invoice and receipt scanning automation. This marriage of Blackbaud’s leading financial management software with Microsoft technology will allow organizations to automate their entire payables process, from start to finish, directly within Financial Edge NXT. Blackbaud also leverages Microsoft AI Services to bring many aspects of their Intelligence for Good ® strategy to life, making AI powerful, accessible, and responsible for social impact, such as in Blackbaud Impact Edge™, the company’s new data and storytelling solution that’s currently under development.
Microsoft is the presenting sponsor of bbcon 2024, Blackbaud’s annual tech conference, taking place
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud’s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over
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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, including statements regarding expected benefits of 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; 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.
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