About FastFund Software Suite
FastFund Software Suite is a financial management platform from Araize that supports nonprofits and churches in managing their finances. It combines accounting, budgeting, and reporting features so organizations can maintain accurate financial records and generate essential reports. This software allows users to track donations, manage expenses, and prepare statements, ensuring compliance and transparency in financial dealings. FastFund Software Suite also provides user-friendly navigation and customizable templates, making it adaptable to various organizational needs. Key capabilities: accounting budgeting reporting donation tracking user management Best for: nonprofits and churches that need comprehensive financial management solutions.
FastFund Software Suite by Araize is a purpose-built nonprofit accounting and management platform that combines fund accounting with donor management, payroll, and reporting into a single, cloud-delivered solution. Designed for organizations that must track restricted funds, grants and program budgets while also managing gifts and payroll, FastFund aims to reduce manual reconciliation and deliver FASB-compliant financials alongside stewardship tools for development teams. The user interface favors clarity and productivity over flashy visuals. Administrators and finance staff see dense, information-rich screens for general ledger transactions, bank reconciliation and reporting, while fundraising and program staff access constituent records, gift entries and pledge schedules. Most reviewers describe the UI as straightforward and businesslike: lists, filters and templates make common tasks (gift entry, deposit batching, invoice posting) quick to perform, though power users may spend time customizing views and reports to match complex nonprofit workflows. Feature-wise, FastFund is broad and modular.
Pros & Cons
- +Designed specifically for nonprofit organizations.
- +Cloud-based, accessible from any device.
- +Integrated modules simplify data management.
- +Automated reporting for compliance and audits.
- +Pricing is modular and affordable for nonprofits.
- −Some advanced features require add-on purchases.
- −Initial learning curve for new users.
- −No specific mention of a native mobile app.
- −Requires a strong accounting background for some features.
- −Customer statements are difficult to customize.
Features
Key features
- True Fund Accounting
- A specialized system for nonprofits that tracks restricted and unrestricted funds to ensure accountability.
- ASU 2016-14 and FASB Compliant Reports
- Automatically generates reports that meet nonprofit-specific financial reporting standards, which can help lower audit fees.
- Customized Chart of Accounts
- Allows organizations to create a detailed account structure with up to six segments, mirroring their unique operational structure.
- Project Revenue & Expense Tracking
- Enables the tracking of revenue and expenses for specific projects, which is essential for grant management and accountability.
- Integrated Modules
- Seamlessly combines accounting, fundraising, and payroll in a single database to reduce errors and eliminate the need for data imports.
Additional features
- FASB Compliant Financial Statements
- Automatically generates financial statements that comply with the Financial Accounting Standards Board.
- IRS Form 990
- Provides the necessary data to complete the IRS Form 990.
- Cash Receipts
- Manages and tracks all incoming cash transactions.
- Cash Disbursements
- Manages and tracks all outgoing cash transactions.
- Automated Recurring Entries
- Automatically posts recurring transactions on a schedule to save time.
- Automated Reversing Entries
- Allows for transactions to be marked as reversing for accruals or to write off old entries.
- Data Import
- Allows for the import of data, such as vendor and client details, for a fast setup.
- Custom Financial Statements
- Enables the creation of customized financial statements.
- Budgets
- Allows for the creation of detailed budgets that can be tracked against actuals.
- Bank Integration
- Connects with financial institutions to automatically upload bank transactions.
- Bank Reconciliations
- Provides an easy-to-use function to reconcile bank statements with accounting records.
- System Security
- Features include strong passwords, role-based security, and user-level permissions.
- Duplicate Search & Merge
- Helps to find and merge duplicate records.
- Automatic Fund Balancing
- Automatically balances inter-fund transactions for convenience and accuracy.
- Multiple Year-End Closing Entries
- Manages the closing of a fiscal year for multiple funds.
- Project Revenue & Expense Tracking
- Tracks revenue and expenses for specific projects or grants.
- Internal Controls
- Built-in controls and an audit trail track all data changes by user and IP address.
- Accounting Reports
- Provides a wide range of reports for financial analysis.
- Extensive Database Filtering
- Allows users to filter data extensively for specific reports.
- 13th-Month Year-End Entries
- Allows for special year-end entries.
- Drill Down to Source Transactions
- Enables users to click on a report item to view the original transaction.
- Export to Excel, PDF and more
- Allows for the export of reports and data to various formats.
- Accrual Based Accounting
- (Premium Feature) Manages financial activity on the accrual basis of accounting.
- Accounts Payable
- (Premium Feature/Add-On) Manages vendor invoices, payments, and subsidiary ledgers.
- Accounts Receivable
- (Premium Feature/Add-On) Manages client bills, payments, and subsidiary ledgers.
- Direct Cost Allocations
- (Premium Feature/Add-On) Allows for the allocation of direct costs.
- Indirect Allocations
- (Add-On) A module for allocating expenses and revenue based on various methodologies.
Pricing
Monthly plans
Accounts Payable
USD 22
Fundraising Bundle
USD 25
Indirect Cost Allocations
USD 40
Countries & Languages
Interface languages
Billing currencies
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About FastFund Software Suite
FastFund Software Suite is a financial management platform from Araize that supports nonprofits and churches in managing their finances. It combines accounting, budgeting, and reporting features so organizations can maintain accurate financial records and generate essential reports. This software allows users to track donations, manage expenses, and prepare statements, ensuring compliance and transparency in financial dealings. FastFund Software Suite also provides user-friendly navigation and customizable templates, making it adaptable to various organizational needs. Key capabilities: accounting budgeting reporting donation tracking user management Best for: nonprofits and churches that need comprehensive financial management solutions.
FastFund Software Suite Details
FastFund Software Suite's In-App Market Place
Does FastFund Software Suite have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Accounts Payable
USD 22
Fundraising Bundle
USD 25
Indirect Cost Allocations
USD 40
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD ($), CAD ($), JPY (¥), CNY (¥), CHF (Fr), INR (₹), MXN ($), SGD ($), HKD ($), NZD ($), SEK (kr)
Pros & Cons
- Designed specifically for nonprofit organizations.
- Cloud-based, accessible from any device.
- Integrated modules simplify data management.
- Automated reporting for compliance and audits.
- Pricing is modular and affordable for nonprofits.
- Some advanced features require add-on purchases.
- Initial learning curve for new users.
- No specific mention of a native mobile app.
- Requires a strong accounting background for some features.
- Customer statements are difficult to customize.
FastFund Software Suite's Support Options
Email Address
sales@araize.comContact
(866) 840-7449FastFund Software Suite's Alternatives
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UncommonGood
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