Araize FastFund Online vs. FreeAgent

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FastFund Online
Score 10.0 out of 10
Small Businesses (1-50 employees)
FastFund Online from Araize is an SaaS system that integrates nonprofit, fund accounting, fund raising (CRM) and payroll in a single solution. The vendor says FastFund Online is designed to help nonprofits take control of their fiscal and development responsibilities in order to be more accountable to donors and funding sources, and be more prepared for audits. FastFund Online covers the various management responsibilities that are essential to running a successful…
$35
FreeAgent
Score 8.4 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
Pricing
Araize FastFund OnlineFreeAgent
Editions & Modules
FastFund Online Basic Accounting
$35
FastFund Online Fund Raising
$35
FastFund Online Payroll
$35
for 5 employees
FastFund Online Premium
$75
FastFund Online Premium Multi-User
$100
for 5 employees
No answers on this topic
Offerings
Pricing Offerings
FastFund OnlineFreeAgent
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsFastFund Raising is priced based on number of constituents in the database. Pricing starts at $35 a month for up to 5,000 constituents. FastFund Payroll is priced bases on number of active employees. Pricing starts at $35 a month for up to 5 employees. Special bundle pricing is available.
More Pricing Information
Community Pulse
Araize FastFund OnlineFreeAgent
Top Pros
Top Cons
Features
Araize FastFund OnlineFreeAgent
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
11% above category average
FreeAgent
8.6
13 Ratings
18% above category average
Pay calculation8.01 Ratings8.012 Ratings
Direct deposit files8.01 Ratings8.92 Ratings
Benefit plan administration00 Ratings8.56 Ratings
Salary revision and increment management00 Ratings8.86 Ratings
Reimbursement management00 Ratings8.78 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
1 Ratings
14% above category average
FreeAgent
8.5
14 Ratings
8% above category average
Role-based user permissions9.01 Ratings8.013 Ratings
Single sign-on capability00 Ratings9.013 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
8% above category average
FreeAgent
7.5
21 Ratings
1% above category average
Standard reports8.01 Ratings9.019 Ratings
Custom reports8.01 Ratings4.410 Ratings
Dashboards00 Ratings9.019 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
11% above category average
FreeAgent
8.8
23 Ratings
20% above category average
Accounts payable8.01 Ratings8.018 Ratings
Bank reconciliation8.01 Ratings9.019 Ratings
Expense management8.01 Ratings8.022 Ratings
Accounts receivable00 Ratings8.020 Ratings
Cash management00 Ratings9.018 Ratings
Time tracking00 Ratings9.017 Ratings
Fixed asset management00 Ratings8.611 Ratings
Multi-currency support00 Ratings10.08 Ratings
Multi-division support00 Ratings9.05 Ratings
Regulations compliance00 Ratings8.78 Ratings
Electronic tax filing00 Ratings10.019 Ratings
Self-service portal00 Ratings9.011 Ratings
Journals and Reconciliations00 Ratings8.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
FreeAgent
6.3
12 Ratings
8% below category average
API for custom integration00 Ratings4.59 Ratings
Plug-ins00 Ratings8.011 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Araize FastFund Online
-
Ratings
FreeAgent
7.4
4 Ratings
10% above category average
Inventory tracking00 Ratings7.72 Ratings
Automatic reordering00 Ratings8.21 Ratings
Location management00 Ratings4.51 Ratings
Manufacturing module00 Ratings9.11 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Araize FastFund Online
-
Ratings
FreeAgent
8.1
13 Ratings
13% above category average
Pricing00 Ratings8.19 Ratings
Order entry00 Ratings6.82 Ratings
Credit card processing00 Ratings8.25 Ratings
Cost of goods sold00 Ratings9.13 Ratings
Best Alternatives
Araize FastFund OnlineFreeAgent
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Araize FastFund OnlineFreeAgent
Likelihood to Recommend
10.0
(1 ratings)
9.0
(23 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
8.0
(1 ratings)
9.1
(4 ratings)
Availability
-
(0 ratings)
8.9
(5 ratings)
Performance
-
(0 ratings)
9.1
(1 ratings)
Support Rating
10.0
(1 ratings)
-
(0 ratings)
Product Scalability
-
(0 ratings)
8.2
(1 ratings)
User Testimonials
Araize FastFund OnlineFreeAgent
Likelihood to Recommend
Araize, Inc.
I have found FastFund to be a flexible yet easy-to-use accounting and donor support software. Of course, it does not have all the power of something like SalesForce, but then again, I don't need that and my more technically challenged users would be overwhelmed with something like that. FastFund allows us to track donor support, issue receipts for tax purposes, and even record notes of interactions with donors. We create mailing lists and can easily allocate donations to the specific project as designated by the donor. We use FastFund for our accounting software. We pay bills, make deposits, cut checks, and allocate expenses to the appropriate projects. We also use the newest module of FastFund which is the Payroll module. I am not involved with using that module, but I do know that it is great to have everything in one package.
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FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
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Pros
Araize, Inc.
  • Cloud-based so all our employees have access to it from their various remote locations.
  • Fund-based accounting.
  • Ongoing training on updates and improvements and tech support responses are quick and useful.
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FreeAgent
  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
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Cons
Araize, Inc.
  • Initial use of the new payroll features had several hiccups that had to be addressed.
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FreeAgent
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
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Likelihood to Renew
Araize, Inc.
We are satisfied with the software and on-going costs. Moving to something else would be an investment and cost that would be difficult to justify given our satisfaction with FastFund.
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FreeAgent
No answers on this topic
Usability
Araize, Inc.
I find FastFund to be easy to use and, for the most part, intuitive in its user interface and options. Sometimes new features are added or updates are made which causes some changes. Araize is good at holding short webinars to introduce these.
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FreeAgent
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
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Reliability and Availability
Araize, Inc.
No answers on this topic
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
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Support Rating
Araize, Inc.
I have always had my questions and issues responded to very quickly and addressed in a timely fashion. Araize is good at notifying us when the support desk will be closed for company holidays and the like. They are responsive to suggestions for new features and in helping when we have questions.
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FreeAgent
No answers on this topic
Alternatives Considered
Araize, Inc.
Araize FastFund was already implemented when I joined the organization so I cannot comment on how it compares to other products or why it was selected.
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FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
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Return on Investment
Araize, Inc.
  • Our main users are in three different physical locations and Araize FastFund has allowed each user to easily have access to what they need.
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FreeAgent
  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
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ScreenShots

FastFund Online Screenshots

Screenshot of Accounting Transaction EntryScreenshot of Fund Raising Gift EntryScreenshot of Payroll Journal