Charleston, SC, Oct. 26, 2015 (GLOBE NEWSWIRE) -- MicroEdge®, a Blackbaud, Inc. (NASDAQ: BLKB) company and provider of solutions to the giving community worldwide, today unveiled its transformational outcomes solution at the MicroEdge Solutions Conference (MESC@bbcon). The company’s outcomes solution solves key challenges experienced by funders and nonprofits as the sector evolves from traditional philanthropy to social investing.
As part of this shift to social investing, there is heightened demand for measuring funding outcomes and impact. Blackbaud’s outcomes solution connects, powers and accelerates purposeful philanthropy by linking investments and actions to impact and achievement. This delivers a unified experience; bringing our expansive community together and effectively using data and insights to provide shared knowledge among funders and nonprofits.
Blackbaud’s outcomes solution is the first platform that brings together funders and nonprofits under one umbrella for improved collaboration and mission alignment. In addition, the solution offers a first-of-its-kind outcomes measurement taxonomy that will continue to grow and evolve with use, getting smarter with each user interaction – a living record of social impact like no other. The taxonomy provides users with the flexibility to select from a system-wide, sector-sourced set of measurements or to enter their own in order to determine the success of their programs. This allows them to tell their impact story using statistics, results and a common language.
“The ability to understand and measure outcomes and impact is the single greatest challenge facing the giving community today,” said Kristin Nimsger, CEO of MicroEdge. “Providing a powerful, easy-to-use solution is a vital part of Blackbaud’s mission to empower the sector in its ability to achieve the most meaningful results with the greatest amount of impact.”
An early-adopter program begins at MESC@bbcon and participants will provide input into future features including the outcomes measurement taxonomy, analytics and user interface design. MicroEdge invites those interested in participating to contact kris@microedge.com for more information.
About MicroEdge
Established in 1985, MicroEdge is the leading provider of software and services to the giving community worldwide. MicroEdge solutions deliver a powerful, integrated and open framework for efficient and effective charitable giving. The company is committed to providing the best technology toolset for foundations, corporations, government agencies, donors, advisors and financial institutions. Together, these tools help organizations to work with one another to raise, invest, manage and award charitable currency. MicroEdge is a wholly owned subsidiary of Blackbaud, Inc., headquartered in New York City with regional offices throughout the U.S. and supports thousands of clients worldwide. To learn more about MicroEdge, visit www.microedge.com.
About Blackbaud
Serving the worldwide philanthropic community for more than 30 years, Blackbaud (NASDAQ: BLKB) combines innovative software and services, and expertise to help organizations achieve their missions. Blackbaud works in over 60 countries to power the passions of more than 30,000 clients, including nonprofits, K-12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations. The company offers a full spectrum of cloud and on-premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Blackbaud's portfolio of software and services support nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payments and analytics, as well as grant management, corporate social responsibility, and education. Using Blackbaud technology, these organizations raise, invest, manage and award more than $100 billion each year. Recognized as a top company, Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland and the United Kingdom. For more information, visit www.blackbaud.com.
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. 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 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.