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.

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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  • R from Newaygo County Museum and Heritage Center

    December 2016

    Reasonably priced for even the smallest nonprofit!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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!!

    Review Source: Capterra
  • David from Child Saving Institute

    Number of employees: 51-200 employees

    November 2016

    Fast Funds meets our needs!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Lucy from ALARM Inc

    November 2016

    A good accounting product

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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

    Review Source: Capterra
  • Bryan from Japanese American Service Committee

    November 2016

    FastFund gets high marks for its functionality and ease of use

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Terrie from International Church Services, Inc.

    Number of employees: 2-10 employees

    November 2016

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

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Joy from Messengers of His Kingdom

    Number of employees: 2-10 employees

    November 2016

    So glad we switched to FastFund

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra

    Response: Araize, Araize

    November 2016

    Joy: Thanks for the review. You can view transactions you just entered either in the Transaction History / Control Register, or by generating a report that is filtered on the creation date. Joe Scarano

  • James from Global Lutheran Outreach

    Number of employees: 2-10 employees

    November 2016

    FastFund exceeded my expectations!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Caryl from Sierra Ryan foundation

    Number of employees: 1 employee

    November 2016

    Non profit acctg made easy

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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

    Review Source: Capterra
  • Oshana from Wake Enterprises

    November 2016

    Fastfund Raising is a great buy!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Nicole from Porter Medical Center

    Number of employees: 501-1,000 employees

    November 2016

    A great product

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra

    Response: Araize, Araize

    November 2016

    Nicole: Thanks for the feedback. You can enter the marital status for donors and search for married. You can also generate a report with both spouses names for reference.

  • Quintonia from Bridge II Sports

    Number of employees: 2-10 employees

    November 2016

    Bridge II Sports

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Josephine from World Institute on Disability

    November 2016

    FastFund review

    Ease-of-use
    Functionality
    Quality
    Support
    N/A

    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.

    Review Source: Capterra
  • Doris from Elim Lutheran Church

    Number of employees: 11-50 employees

    November 2016

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

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Michelle from South East Consortium

    November 2016

    South East Consortium

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Amy from Outfitters4, Inc.

    Number of employees: 2-10 employees

    November 2016

    Why Outfitters4 uses FastFund Accounting.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Jo Ann from Club Duck Key

    November 2016

    Great Company to Work With

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • John from Auxiliary at Twin Lakes Center

    Number of employees: 501-1,000 employees

    November 2016

    Remarkable

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Elizabeth from One Heart Bulgaria

    Number of employees: 2-10 employees

    November 2016

    Easy and user friendly.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Leona from Lubeznik Center for the Arts

    Number of employees: 2-10 employees

    November 2016

    Fundraising and Accounting programs

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    Review Source: Capterra
  • Ramon from LOPEZ OSUNA ACCOUNTING

    November 2016

    Surprised!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

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

    Review Source: Capterra
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