FastFund Nonprofit Software is a fully integrated fund accounting system designed by Certified Public Accountants. Affordable modules include General Ledger, Accounts Payable, Accounts Receivable, Cost Allocations, Payroll and Fund Raising.
Handles the complex reporting requirements of multi-funded organizations. Designed to maintain separate financial records for each program. User definable chart of accounts using up to 6 segments to define funds, cost center and accounts (maximum account number - 36 digits). Powerful reporting capabilities produce custom reports to meet all your fiscal requirements including multi-year reports, budgets and reports that comply with FASB 116 and 117.
Standard features include:
- Automatic self-balancing funds with due to/from fund entries
- Detailed audit trails
- Point of entry and after the fact allocations
- Bank reconciliation and check writing.
Araize offers an unconditional 90 day money back guarantee and one-year of free 800 telephone support. Additional services include training, consulting, online support.
FastFund Accounting System The Basic Accounting System is the main application in the FastFund Nonprofit Software suite and has everything you need to run a nonprofit’s fiscal office. Standard…
FastFund Accounts Payable FastFund Accounts Payable is fully integrated with FastFund’s Nonprofit Software General Ledger. The integration of the General Ledger and the Accounts Payable…
FastFund Cost Allocations The Allocations module includes the After the Fact Cost Allocations Spreadsheet and Point Of Entry Allocations. The After The Fact Allocations provides management with the…
FastFund Raising FastFund Raising gives you all the tools you need to manage your development and fund raising efforts. Track donors, prospects, alumni, members and constituents. Fully…
FastFund Accounts Receivable The FastFund Accounts Receivable is a fully integrated solution with FastFund’s Nonprofit Software General Ledger. The integration of the General Ledger and the…
FastFund Payroll FastFund Payroll is fully integrated with FastFund Nonprofit Software Accounting. Payroll can be created for salaried and hourly employees, using multiple pay rates and pay…
Reviews of FastFund Nonprofit Software Write a Review
Susan from Diabetic Cats in Need says…
A good package for a smaller non-profit. Has functionality for payroll, and billing, along with extensive donation/fund raising record keeping. Customer support is first rate.
The good: Customer service. I can’t rave enough about how Joe and the rest of the team are there for me to answer questions and help me figure out things that I just am not understanding.
The bad: Some things are not intuitive, but the support team is there to show you the way.
Jaci from Big Sur Health Center says…
This software for small non-profits is easy to use and allows you to get reports usually only available in bigger software programs. The customer support is excellent. I use the accounting, payroll and fund raising modules for my organization. We are extremely pleased with the integration of the 3 modules.
The good: Ease of use. The User Guide is spare, but there are webinars available as tutorials that are excellent. The report function is also excellent. I had to get a payroll report across fiscal years for a grant report and was able to do so with ease.
The bad: Having to move from accounting module to fund raising module when entering a cash receipt gift. We understand completely why this must be, but it is the only thing I can think of that I don’t care for with the program
We are a 40 plus year old non-profit,having used FastFund since 1999. We shifted to the cloud version in recent years; the transfer was truly seamless. Araize is one of the most customer oriented firms in the country, constantly making refinements and improvements!
The good: High customer support and appreciation.
The bad: N/A
FastFund is an affordable SAAS solution for not-for-profit fund accounting. It is easy to use and processing steps are very intuitive.
The good: FastFund facilitates the tracking of restricted funds. For interfund transactions, it automatically records the off-setting transactions; there is no need to do 2 entries every time there is a transaction between funds. FastFund also allows the creation of a variety of reports, all of which can be exported to other formats, such as PDF or Excel workbooks. I implemented FastFund at my former employer, and I hope to implement it at my new organization.
The bad: A statement of cash flows would be helpful.
Larry from Clinton Hill Early Childhood Day Care says…
From Clinton Hill Day Care likes the outstanding navigation of the system. The chart of accounts is superb
The good: The navigation and report(s) formatting
The bad: How to enter the cash receipt(s) in the system for multi fund(s)
Doug from Museum of Fine Arts says…
A modular, integrated, robust and capable accounting software application. Very user friendly and easy to learn, especially if you have prior accounting software experience.
The good: Fast transaction processing, dependable, secure, portable, great pricing, great support, training videos & webinars, embedded user guide, and more.
The bad: This is not really a bad feature, but similar to many ERP Solutions, the reporting functionality has it’s own separate learning curve.
An anonymous FastFund Nonprofit Software user says…
Pretty intuitive and easy to use
The good: simplicity
The bad: simple
Renae from Disability Achievement Center says…
Fast Fund Nonprofit Software gives users the ability to track multiple funds, budgets and allocations in an easy to use format. It has different integrated modules available, such as accounting, payroll, and fund raising software. Fast Fund Nonprofit Software also has a custom reports feature, so you can get the information you need in the presentation you want.
The good: The best feature is how easy it is to use! And, the more you learn about everything Fast Fund Nonprofit Software has, the better! You can eliminate a lot of manual processes with this software, because it has the capabilities to do the work for you.
The bad: Specifically, I wish the general ledger detail report could be totaled at the bottom. I have to manually total this report on several occasions. I cannot think of anything else. The software and the support is excellent!
A representative from Incight says…
The accounting system works well for us as a non-profit organization that needs to track different funds, programs, grants (funding sources) and projects. It also has a great donor management system. It is all online, convenient and economical.
The Good: It is easy to use and the customer service is great. They also continually have online webinars for training.
The Bad: There are some modules of the system that are still in development, like cost allocations and payroll, but they are working on it. The server- based system has been in place for years (so you know it is a reputable company). But the online cloud-based system we use is still being worked on. They are adding and improving all the time.
A representative from Itasca Youth for Christ says…
The product integrates accounting, donor management and payroll. It meets our needs very well.
The good: Support is excellent.
The bad: Would like more ease and flexibility with searches of the data base.
An anonymous FastFund Nonprofit Software user says…
It’s an accounting package that is modular. It can do AP and AR and is auditable. It has Crystal Reporting, which allows for some customized reporting. It is fully online, so nothing has to be installed locally.
The good: The software was fairly cheap to buy and maintain. We used it for a year, and the cost was so low compared to other options, we felt it was a no-brainer to try it out. The customer service was also good and responsive. We did some training with the company and they were offering help regularly.
The bad: The training and software assumed a basic understanding of accounting, especially when it came to setting up a chart of accounts and then entering transactions. We have zero accounting background, so this was hard for us. The software could not be 100% customizable to help us understand menus and labels better. Lastly, the reports could not be fully customized to let us see only the exact data we wanted to see; the problem was that our requirements were ultra basic, and the software produced its most basic reports with more information on the page than we wanted/needed.
It is very good for non-profit organizations who receive donations as their primary source of income (Fund-Raising module). This is combined with the Accounting module which enables non-profits to show how funds contributed for specific purposes were spent for the purposes for which the funds were given. It is the combination of these two modules that provides a service that other accounting programs do not provide.
The good: The ability to track donations (given for specific purposes) and to keep those funds separated for reporting purposes.
The bad: The reports function needs work (as there is a limited ability in producing reports). I find it difficult to produce the detailed reports that I need to produce for my board.
Doug from Africa Mission Alliance of Canada says…
Online software (software as a service); different modules available. We have the contact management module and the accounting one. Good integration, as both work off the same database. Other modules are available, such as payroll.
The good: Good integration, excellent support.
The bad: Some of the design limitations are a bit frustrating for our staff. It won’t always do what we wish it would. i.e. list all our child sponsors who pay annually by cheque;