Araize FastFund Online vs. FreshBooks

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…
$50
per month
FreshBooks
Score 8.8 out of 10
Small Businesses (1-50 employees)
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
$21
per month
Pricing
Araize FastFund OnlineFreshBooks
Editions & Modules
FastFund Online Payroll
$35
for 5 employees
FastFund Fundraising
$50
per month
FastFund Payroll
$55
per month
FastFund Online Premium
$110
per month
FastFund LT Bundle
$300
per month
Lite
$21
per month
Plus
$38
per month
Premium
$65
per month
Select
Custom Pricing
Offerings
Pricing Offerings
FastFund OnlineFreshBooks
Free Trial
YesYes
Free/Freemium Version
NoYes
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.10% discount for annual pricing.
More Pricing Information
Community Pulse
Araize FastFund OnlineFreshBooks
Features
Araize FastFund OnlineFreshBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
6% above category average
FreshBooks
-
Ratings
Pay calculation8.01 Ratings00 Ratings
Direct deposit files8.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
1 Ratings
9% above category average
FreshBooks
10.0
41 Ratings
20% above category average
Role-based user permissions9.01 Ratings9.941 Ratings
Single sign-on capability00 Ratings10.01 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
3% above category average
FreshBooks
7.5
57 Ratings
4% below category average
Standard reports8.01 Ratings8.755 Ratings
Custom reports8.01 Ratings4.82 Ratings
Dashboards00 Ratings8.957 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
5% above category average
FreshBooks
7.5
56 Ratings
2% below category average
Accounts payable8.01 Ratings8.041 Ratings
Bank reconciliation8.01 Ratings7.02 Ratings
Expense management8.01 Ratings6.651 Ratings
Accounts receivable00 Ratings9.455 Ratings
Cash management00 Ratings7.03 Ratings
Time tracking00 Ratings7.642 Ratings
Multi-currency support00 Ratings7.01 Ratings
Regulations compliance00 Ratings6.021 Ratings
Self-service portal00 Ratings9.13 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
FreshBooks
9.1
35 Ratings
17% above category average
API for custom integration00 Ratings9.330 Ratings
Plug-ins00 Ratings9.026 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Araize FastFund Online
-
Ratings
FreshBooks
9.4
49 Ratings
22% above category average
Pricing00 Ratings8.839 Ratings
Order entry00 Ratings9.337 Ratings
Credit card processing00 Ratings9.741 Ratings
Cost of goods sold00 Ratings10.01 Ratings
Best Alternatives
Araize FastFund OnlineFreshBooks
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.0 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.0 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.2 out of 10
Zoho Books
Zoho Books
Score 9.2 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Araize FastFund OnlineFreshBooks
Likelihood to Recommend
10.0
(1 ratings)
8.4
(75 ratings)
Likelihood to Renew
10.0
(1 ratings)
7.6
(18 ratings)
Usability
8.0
(1 ratings)
9.5
(20 ratings)
Availability
-
(0 ratings)
10.0
(2 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
10.0
(1 ratings)
6.0
(11 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
Araize FastFund OnlineFreshBooks
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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FreshBooks
I recommend FreshBooks to anyone running a service-based business that needs invoicing, time reporting, and accounting tools. FB is adept in all three of these scenarios and isn't overly complicated like similar accounting packages I have used. I love how I can write estimates and proposals, manage the business development process from the software, and quickly convert prospects to invoiced clients.
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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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FreshBooks
  • Invoicing - FreshBooks basically ensures our accountants spend less time on invoices via its automated invoicing system, which sends invoices to our customers and clients alike and also send them regular reminders for them to pay up their bills.
  • Collecting business insights - FreshBooks enable our company analysts measure our business performances via data reports provided by FreshBooks' intuitive dashboard. Allowing us do a comparative analysis of key business metrics of a current month against past months and determine if the business is growing.
  • Expense tracker - We have recently embraced FreshBooks as an expense tracker for teams at our company branch. Thusfar, FreshBooks has performed very well, making our expense management a perfect operation; ensuring teams do not exceed their planned budget and also eliminating the need for tracking expenses on excel spreadsheets.
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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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FreshBooks
  • I can brand invoices with my business logo, but I might like to change colours of the invoices themselves to match the rest of my business documents. That isn't a major point at all, but it's something that I'd like to see.
  • Freshbooks doesn't remember the categories that similar expenses were previously assigned to. It would be nice if Freshbooks would suggest a category for an already saved vendor, to ensure the consistency of expense reporting.
  • The home page of a Freshbooks account has a great graph display of expenses and income, but it only shows the last 6 months. This is still very useful, but I'd like to be able to see this kind of graph for different periods of time.
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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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FreshBooks
At the current needs of our business, FreshBooks suits us perfectly - it allows online access by our accountant to the system for GST purposes, easy input of expenses and tracking of Profit and Loss statements. FreshBooks customer service is great as well - very understanding and accommodating.
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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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FreshBooks
FreshBooks is very easy to use even for novices. If you're looking for an online accounting software that is full of features, has great aesthetics and is user-friendly, then this is definitely the software for you. I've been using it for several years now and despite being tempted to switch by other vendors, I like the feel of FreshBooks and it's mobile features.
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Reliability and Availability
Araize, Inc.
No answers on this topic
FreshBooks
FreshBooks is easy to use and always works!
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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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FreshBooks
I think the support level for FreshBooks is on par with a 6 because the folks behind this application do a fairly good job at providing support for their customer base. I still don't think they are at an elite level when it comes to supporting but are getting there although too slow in my opinion.
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Implementation Rating
Araize, Inc.
No answers on this topic
FreshBooks
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
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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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FreshBooks
FreshBooks does very well in comparison, especially since it is free software for Barclays bank users. Sage software is much worse than FreshBooks. However, Xero and QuickBooks, the market leaders, are still ahead with usability, additional features, reporting, and connection with third-party software providers. We chose FreshBooks as it does everything we require from this type of software.
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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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FreshBooks
  • In reality, we do not implement all of its use at the moment in order to determine an adequate ROI.
  • In our approach to the use of the system, it seems to us a considerable time saving by achieving the integration of the Mexican subsidiary with its parent located in the US.
  • Financial reports meet the necessary USGAAP requirements.
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ScreenShots

FastFund Online Screenshots

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

FreshBooks Screenshots

Screenshot of the dashboardScreenshot of an invoice overviewScreenshot of an example of a customizable invoiceScreenshot of an invoice appearing across devicesScreenshot of expensesScreenshot of time tracking