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BILL And Blackbaud Announce New Strategic Partnership To Simplify Accounts Payable Process For Nonprofit And Education Finance Teams
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Partnership embeds BILL’s business payments network and payment-processing capabilities into Blackbaud Financial Edge NXT® Payment Assistant™

BILL (NYSE:BILL), the intelligent financial operations platform trusted by nearly half a million businesses to manage, move, and maximize their money, and Blackbaud (NASDAQ:BLKB), the world’s leading provider of AI-powered solutions for social impact, today announced a new strategic partnership to simplify the accounts payable process for nonprofit and education finance teams.

Accounts payable remains one of the most manual and time-consuming responsibilities for many finance teams. According to the Institute of Financial Operations and Leadership’s Accounts Payable Automation Trends 2025 report, nearly half of organizations spend 10 or more hours each week processing invoices and administering payments. For nonprofit and education finance teams already balancing limited resources, every hour spent re-keying an invoice or chasing down an approval is time that could be spent supporting their organizations’ missions.

Payment Assistant™, powered by BILL, the new experience for Blackbaud Financial Edge NXT® customers, will embed BILL’s business payments network and payment-processing capabilities into Blackbaud’s automated accounts payable workflow. This will support nonprofit finance teams from invoice and approval through payment and reconciliation, all in one connected system, built on Blackbaud’s Platform for Good™.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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