New York - The two leading developers of software for nonprofits and government entities - Blackbaud and Best Software - have each significantly upgraded their respective fund accounting products.

Charleston, S.C.-based Blackbaud enhanced its Financial Edge product with a new “eRequisitions” module that allows budget managers to use their organizations’ intranet “as a shopping cart” when making purchasing requests. Other improvements include an accounts receivable module designed to handle multi-party billing.

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