BILL and Blackbaud Formed Payments Partnership
The collaboration integrates BILL payment capabilities into Blackbaud Financial Edge NXT for nonprofit and education finance teams.
Updated on Oct. 12, 2026 in Financial Services
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BILL has partnered with Blackbaud to embed its payment platform into the Blackbaud Financial Edge NXT software. The integration provides users with access to BILL’s network of 9 million businesses to help automate accounts payable workflows.
Why it matters
The partnership seeks to reduce the significant time finance teams in the nonprofit and education sectors spend on manual invoice and payment processing. By streamlining these workflows, organizations aim to increase operational efficiency and improve payment tracking.
BILL currently services nearly 500,000 businesses across a proprietary network that includes 9 million members. The integration aims to mitigate the burden for organizations currently dedicating 10 or more hours per week to processing payments.
The players
BILL
BILL is a financial technology company that provides cloud-based software to simplify and automate back-office financial operations.
Blackbaud
Blackbaud is a software company that specializes in providing technology solutions for nonprofit organizations, educational institutions, and foundations.
The details
The new Payment Assistant feature embeds payment-processing tools directly into the Blackbaud environment, enabling tiered approvals and straight-through reconciliation. Blackbaud is initially limiting availability of these tools to U.S.-based customers through an early adopter program.
Timeline
October 12, 2026: Partnership announced
2025: Institute of Financial Operations and Leadership report published
Market Landscape
This integration follows a broader industry trend of software consolidation where platforms seek to embed financial services directly into core enterprise workflows. It positions both companies to compete more effectively by minimizing the need for nonprofit and education finance teams to rely on fragmented third-party payment solutions.
Customers using Blackbaud Financial Edge NXT in the United States may soon access automated payment workflows and reconciliation tools through the new Payment Assistant. This integration is expected to reduce manual administrative tasks, potentially allowing finance teams to reallocate staff hours toward organizational goals.
The takeaway
Automating manual accounts payable tasks can significantly reduce the administrative burden on nonprofit and education finance departments. Organizations should monitor for the wider rollout of these tools to determine if they can simplify their existing internal financial processes.
Further reading
For more context on the current state of the sector, read the latest news on Financial Services.
Source note: This article includes information reported by CPA Practice Advisor.
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