FastFund Nonprofit Fund Accounting Software


 

FastFund Nonprofit Fundraising performs fund accounting operations for nonprofit organizations. The system’s modules include fund accounting, accounts payable and receivable, cost allocations, payroll and fundraising donor management.

FastFund Nonprofit’s fund accounting functionality allows three kinds of restrictions: temporary restriction, permanent restriction and unrestricted. Each separate fund has its own automatic year end closing entry at the end of each fiscal year. Programs with multiple funding sources can be incorporated into single consolidated expense reports as well.

The system’s components are available as an integrated solution or as separate modules. FastFund Nonprofit Software can also manage grant requests, conform charts of accounts to user-defined preferences and produce reports that comply with FASB-117 standards. Reports can cover multiple fiscal years, and can be printed to file formats including PDF and Excel. The payroll component can manage taxes and pay by amount of time worked, percentages, and other criteria.

 

FastFund Nonprofit Fund Accounting - Vendor invoice
 
  • FastFund Nonprofit Fund Accounting - Vendor invoice
    Vendor invoice
  • FastFund Nonprofit Fund Accounting - Accounts payable account
    Accounts payable account
  • FastFund Nonprofit Fund Accounting - Accounts receivable
    Accounts receivable
  • FastFund Nonprofit Fund Accounting - Payroll journal
    Payroll journal
  • FastFund Nonprofit Fund Accounting - Donor management
    Donor management
  • FastFund Nonprofit Fund Accounting - Donor records
    Donor records
Supported Operating System(s):
Windows 7, Windows Vista, Windows XP, Mac OS, Windows 2000

67 Reviews of FastFund Nonprofit Fund Accounting

 

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Software Advice Reviews (3)
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Showing 1-3 of 3

Estelle from Mobility International USA

June 2011

June 2011

Ease-of-use

Functionality

Product Quality

Customer Support

Mobility International is celebrating its 30th anniversary this year in supporting individuals throughout the world who have diverse disabilities.

MIUSA program components include a clearinghouse, inbound and outbound international exchanges, technical assistance in developing countries, institutes on disability and exchange, all funded by both federal and private resources.

I looked for a reasonably priced software system which offers fund accounting and excellent support. Fast Fund has met that criteria and I have used it for 11 years. Technical support and ease of use were key factors in my decision. The support is excellent with knowledge in both accounting and technical issues.

 
 

Casey from Casey J. Russell CPA, Inc.

May 2011

May 2011

Ease-of-use

Functionality

Product Quality

Customer Support

Our firm specializes in the audits of governmental and non-profit organizations. We perform over 50 such audits annually. We are constantly on the look out for good software at affordable prices for our non-profit and governmental clients. It has been our experience that there is a lot of software on the market for the non-profit and governmental client, however the programs are often expensive and not user friendly. As a consequence clients were using software that was not appropriate for them and often time just not very good. We now have clients using the current version of Fast Fund and they are much happier. The program is very user friendly, the reporting is outstanding and the price cannot be beat. Implementation is very easy. FastFund is a fantastic product and the support is outstanding and very prompt.

 
 

William from South Bend Museum of Art

May 2011

May 2011

Ease-of-use

Functionality

Product Quality

Customer Support

The purchase of FastFund software for our accounting and payroll was the smartest
move we ever made. The software is a very suitable fit for a not-for-profit such as
ours, and has made an enormous difference in our ability to truly function as
an effective financial management part of the organization.

The support we have received from Araize has been also been a tremendous
asset, and has contributed greatly to the effectiveness of the software.

I know why the software was so highly recommended by the American Institute
of CPA's.

 
 
 
Showing 1-20 of 64

R from Newaygo County Museum and Heritage Center

December 2016

December 2016

Reasonably priced for even the smallest nonprofit!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We were looking for accounting software that our nonprofit would not outgrow. What a bonus to integrated donor software available. Love the responsive support! The learning curve is reasonable. The more we use it, the more we love it!!

Source: Capterra
 

David from Child Saving Institute
Number of employees: 51-200 employees Employees number: 51-200 employees

November 2016

November 2016

Fast Funds meets our needs!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We have used Fast Funds for over 12 years. During that time, our organization has become more complex. Fasts Funds has kept up with changes and is able to accommodate nearly all of our needs.

Fast Funds online works really well. We never worry about losing data and response time is normal 99.99% of the time. Customer Service is very responsive. Often, we ask how use a function. The Fast Funds representative will remote into our computer and show us using our own data and login. This is really helpful.

Recent enhancements have been really helpful. It would be helpful to have a little more flexibility on the content and sorting of client balance due statements. A fixed asset module that allows creation of fixed asset lists and depreciation amortization schedules would also be helpful.

It is a great value for the money.

Pros

Very easy to learn and use. Never have issues logging into the online system and using the available functions. Price is very reasonable. Customer service is very friendly. The staff know us and remember some of our previous requests. This enables them to be very helpful when we have new questions or issues.

Cons

The AR functions have improved significantly over the years. Nevertheless, the customer statements are hard to read and cannot be customized. Invoices can only be identified by numbers not letters. We tend to prefer letters. There also isn't a place to keep collection notes.

The only area of concern is fixed assets. There isn't a module. As a result, we keep our list in Excel and use Excel to calculate depreciation. Our auditors recommend we purchase a fixed asset system.

Advice to Others

Customer service is really good and very helpful. I have never had a complaint about service. We have used this software for over 12 years.

Source: Capterra
 

Lucy from ALARM Inc

November 2016

November 2016

A good accounting product

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Have really liked the day to day use of this software, with good access to a knowledgeable support team. The one thing that I have disliked in the 4+ years I have been using this is the change to report writers earlier this year, where it is no longer quick and easy to get a download of all transactions posted to a particular income or expense line item.

Pros

Flexible; gives all the reports I need. Easy to use.

Cons

report writing functionality for getting a download on any particular income or expense line item

Source: Capterra
 

Bryan from Japanese American Service Committee

November 2016

November 2016

FastFund gets high marks for its functionality and ease of use

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Our non-profit organization has been using FastFund software for years. We have found it to be very intuitive and easy to use. There have also been numerous improvements to the functionality of the software through the years. If there are any specific questions we have, we have found the customer service to be very responsive. At present, it offers all that our agency requires and we highly recommend it.

Source: Capterra
 

Terrie from International Church Services, Inc.
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

ARAIZE'S FAST FUND: Understands the Non-Techy Technician

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

International Church Services, Inc. has been using Fast Fund for many years. Our organization was formed in the year 2,000 and we signed up with Joe not too long after that. Since we are an international organization of ex-patriates, our Board members may be scattered all over the world. Every year, I, as Ceo and really dense with electronics, make a call for help wth something. The response is 100% of the time very prompt and helpful. We have been able to connect with everyone we need to from Bangkok to Georgia. As well as having a great hands on package, Araize also offers regular on-line training classes at no cost to the client. I could not recommend a better program for use with my non-profit.

Pros

Ease of use and connection with support

Cons

So much to learn to be proficient.

Source: Capterra
 

Joy from Messengers of His Kingdom
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

So glad we switched to FastFund

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

The customer support alone was worth the switch from the Off-the-shelf financial packages we had used in the past. Better still is the clear accounting processes needed to support not-for-profit organizations. Before FastFund I had to create workarounds to force fit a traditional business based accounting system (Quickbooks). With FastFund the accounting lines up with donations and funding income stream instead of a sales-based revenue stream.

The customer support is fabulous, any questions have been answered quickly and thoroughly. The system is built to handle any not-for-profit from a small ministry to a large global organization. We purchased FastFund 2 years ago and I've been impressed by the upgrades they are making to the system. Documentation is thorough and accurate. Araize should consider migrating to a more thorough and interactive knowledge base over time, but given all the customer support, I have not had any problem getting any question I have answered.

Pros

Direct applicability to not-for-profit organizations and the customer support is the fabulous.

Cons

Knowledge base could be interactive and allow for specific questions to be asked directly. Would like a way to see the transaction I just created or reversed. A couple of times I've put something in wrong and wanted to back it out but couldn't figure out what I had done, nor how to back it out.

Advice to Others

You have to have a certain level of understanding of how the accounting should work to gain the most value from the system.

Source: Capterra
 

James from Global Lutheran Outreach
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

FastFund exceeded my expectations!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

After trying other, more expensive products, I came across FastFund. Just what we needed for our growing non-profit organization! Joe and the team offer outstanding customer service, and have been very responsive to our needs. They continually listen to the customer, and add features that we need. We especially appreciate the cross-platform integration between Fundraising, Accounting, and Payroll. Best yet, it's all online! That's perfect for us, because we have people in several different countries who need to access the information. Good ideas turn into good organizations when you make good decisions, and using FastFund has been a great decision.

Pros

Online; cross-platform integration; great customer service; flexibility; designed with the non-profit in mind.

Cons

Some parts are not user-friendly (report generators); should be able to hide or disable features that are not being used but crowd the screen.

Advice to Others

Excellent value! If you are a non-profit organization, this is what you are looking for.

Source: Capterra
 

Caryl from Sierra Ryan foundation
Number of employees: 1 employee Employees number: 1 employee

November 2016

November 2016

Non profit acctg made easy

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

The staff is fabulous when you have questions or issues. Smaller non profits really benefit from this software. It does so much more that our non profit needs but glad it's their as we grow.

Pros

Ease of use

Cons

No cons

Source: Capterra
 

Oshana from Wake Enterprises

November 2016

November 2016

Fastfund Raising is a great buy!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

The software is great for the price. It is just enough for our small program. It is pretty easy to use and their customer service is outstanding.

Source: Capterra
 

Nicole from Porter Medical Center
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

A great product

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I came into this role just after we started using araize so I was not part of the original setup. It didn't take long for me to catch on and find my way through the system. Customer Support has been there for me every time I reached out and really helped with the reporting tools.

Pros

Ease of use

Cons

We have no way to search for married couples. Our database lists the main donor and then only a line item for their spouse with limited ways to search for them.

Source: Capterra
 

Quintonia from Bridge II Sports
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Bridge II Sports

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

The software is very good and the support is awesome. When ever you need some information the response time is very good.

Thanks for all your assistance!!!

Pros

Being able to import information.

Cons

The customized reports because I need to understand it more.

Source: Capterra
 

Josephine from World Institute on Disability

November 2016

November 2016

FastFund review

Ease-of-use

Functionality

Product Quality

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality

One of the issues that I encounter on a regular bases are "memo" fields not allowing for enough characters. Some of our memo entries need longer descriptions and abbreviating and/or truncating may cause comprehension challenges later on. When creating vendor invoices, the "reference" field also doesn't allow enough characters to be entered. I'd wished the webinars on how to use FF would be with captions. As it is now, they are not accessible to individuals with hearing loss.

Source: Capterra
 

Doris from Elim Lutheran Church
Number of employees: 11-50 employees Employees number: 11-50 employees

November 2016

November 2016

A great way to do fund accounting for churches and other non-profits

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I had been using QuickBooks for 15 years to keep our church's books. But it never quite handled our many funds and I often had to spend a lot of time sorting it all out. I've been using Fast Fund for about 10 months and have been very impressed with the customer service as well as the very detailed user guide that is easy to access from within the software. But mostly I love the way it keeps each fund separate but still all together in one system. We can run reports on one fund, a few of them combined or for the entire organization. My suggestions for improvements have been worked on promptly and I can always depend on getting personal help over the phone when it is needed.

Pros

Ease of use, customer service and great reports.

Cons

Can't drill down on most reports, some data entry is not as easy as in QuickBooks.

Advice to Others

Give it a try!!

Source: Capterra
 

Michelle from South East Consortium

November 2016

November 2016

South East Consortium

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

We have had good experiences with the online program. At this point, my only issue is that I used to be able to print more than one client detail statement at a time, now I cannot. I also used to be able to enter their client number instead of their name in the client detail statement, that makes it a little more time consuming.

Source: Capterra
 

Amy from Outfitters4, Inc.
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Why Outfitters4 uses FastFund Accounting.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Outfitters4, is a management services firm for nonprofits and one of our main services is providing full-service bookkeeping for nonprofit organizations. As we started our company and planned to offer our full-service bookkeeping services, we researched a number of accounting systems and ultimately settled on FastFund Accounting. We have found FastFund Accounting to be a true nonprofit, fund accounting system that gives us the functionality we need to help our clients demonstrate the stewardship and accountability that donors, auditors, and funding sources require. The basis of this true fund accounting system is a segmented chart of accounts that can be customized to meet each organization's unique structure and needs. The multi-dimensional, table driven account system easily generates financial reports that measure each of our clients' funds, programs, grants, projects, and activities.

Using this system, we are able to create FASB-117 compliant financial statements that can be customized to report on all segments of our clients' organizations and provide our clients with the information needed to monitor program effectiveness. It also provides us the ability to report on grants and programs that fall within a fiscal year, cross fiscal years, and that span multiple fiscal periods. We have found that we can create custom reports without having to manipulate data using external spreadsheets, as well as use the comprehensive budgeting functions to create line item budget details for each revenue and expense account for programs, departments, grants, and funding sources. We can also create multiple budget revisions for a fiscal year for budget controls, reporting, and budget history tracking.

Since we first started talking with them about using their system, the staff at Araize have been wonderful to work with. They have a great breadth of knowledge about nonprofits and their accounting needs and are always happy to help answer any question that we or our clients have. They also understand that there is always room for improvement and are responsive to requests for system enhancements.

We have been and continue to be very glad we decided to use FastFund Accounting!

Amy Justice
President
Outfitters4, Inc.

Source: Capterra
 

Jo Ann from Club Duck Key

November 2016

November 2016

Great Company to Work With

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

I have worked with the Fast Fund system in several of the non-profit organizations for which I have worked for. The customer support of the Araize is superior and I am also happy with their response to any issue I have had. In addition it is great to get to talk to a "real person" when you call for help.

The webinars they provide to help keep their customers up to date as also helpful.

I have been very happy with my experiences with the Araize staff.

Source: Capterra
 

John from Auxiliary at Twin Lakes Center
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Remarkable

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Very pleased . Easy to learn and use. User guide is excellent. Tech support is very good. I have used many Accounting systems over the years and Fast Fund rates among one of the more enjoyable and user friendly systems I have used.

Pros

Ease of use and good reporting.

Cons

A minor problem while typing the name of the Payee. Letters are dropped while typing in the name at normal speeds.

Advice to Others

Nope

Source: Capterra
 

Elizabeth from One Heart Bulgaria
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Easy and user friendly.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Our charity has had all its needs met through this program. The program is easy to use and staff is exceptionally helpful when help is required.

Pros

Access anywhere.

Cons

The memorized transactions require me to create and then edit them. It would be nice to be able to edit them as I create them rather than having to go find them.

Advice to Others

I would love a training video or reference guide on how to program my emails to draw from other program information (how do I insert our/donor address, change color or layout, etc?).

Source: Capterra
 

Leona from Lubeznik Center for the Arts
Number of employees: 2-10 employees Employees number: 2-10 employees

November 2016

November 2016

Fundraising and Accounting programs

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

The only problems we've had with the programs and integration can be traced back to user error. Many people input information and any lack of consistency causes trouble. Garbage in garbage out. We're on our way to fixing that issue.

Pros

The customer service is what I like most. No matter how much trouble I or the staff get us in to, the Araize staff responds immediately, gets it fixed, and never make us feel like idiots. They are the best.

Cons

If we had a lot more money to spend we could probably enjoy a more powerful program but we are quite satisfied.

Advice to Others

Take care with your initial setup and your data input. That's been our biggest challenge.

Source: Capterra
 

Ramon from LOPEZ OSUNA ACCOUNTING

November 2016

November 2016

Surprised!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

Customer service has been great since day one.
Was personally guided throughout the start up process.

Source: Capterra
 
 
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