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
Sage 50
Score 7.7 out of 10
Small Businesses (1-50 employees)
Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.
$61.92
per month per user
Pricing
Araize FastFund Online
Sage 50
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
Sage 50 Pro Accounting
$61.92
per month
Sage 50 Premium Accounting
$103.92
per month per user
Sage 50 Quantum Accounting 3 User
$177.17
per month per user
Offerings
Pricing Offerings
FastFund Online
Sage 50
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
Yes
Yes
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
FastFund 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.
Annual billing plans also available for all products.
More Pricing Information
Community Pulse
Araize FastFund Online
Sage 50
Features
Araize FastFund Online
Sage 50
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
1 Ratings
6% above category average
Sage 50
8.5
19 Ratings
12% above category average
Pay calculation
8.01 Ratings
8.718 Ratings
Direct deposit files
8.01 Ratings
10.014 Ratings
Benefit plan administration
00 Ratings
8.013 Ratings
Salary revision and increment management
00 Ratings
8.014 Ratings
Reimbursement management
00 Ratings
8.014 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
1 Ratings
9% above category average
Sage 50
7.9
29 Ratings
4% below category average
Role-based user permissions
9.01 Ratings
8.726 Ratings
Single sign-on capability
00 Ratings
7.124 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
Sage 50
8.4
32 Ratings
8% above category average
Standard reports
8.01 Ratings
9.032 Ratings
Custom reports
8.01 Ratings
7.631 Ratings
Dashboards
00 Ratings
8.630 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
Sage 50
7.4
35 Ratings
3% below category average
Accounts payable
8.01 Ratings
9.034 Ratings
Bank reconciliation
8.01 Ratings
8.633 Ratings
Expense management
8.01 Ratings
8.531 Ratings
Accounts receivable
00 Ratings
8.833 Ratings
Cash management
00 Ratings
8.033 Ratings
Time tracking
00 Ratings
7.015 Ratings
Fixed asset management
00 Ratings
7.022 Ratings
Multi-currency support
00 Ratings
4.012 Ratings
Multi-division support
00 Ratings
6.116 Ratings
Regulations compliance
00 Ratings
6.515 Ratings
Electronic tax filing
00 Ratings
8.518 Ratings
Self-service portal
00 Ratings
6.113 Ratings
Global Financial Support
00 Ratings
5.66 Ratings
Primary and Secondary Ledgers
00 Ratings
6.99 Ratings
Intercompany Accounting
00 Ratings
7.710 Ratings
Localizations
00 Ratings
7.78 Ratings
Journals and Reconciliations
00 Ratings
8.822 Ratings
Enterprise Accounting
00 Ratings
7.79 Ratings
Configurable Accounting
00 Ratings
8.111 Ratings
Centralized Rules Framework
00 Ratings
6.87 Ratings
Standardized Processes
00 Ratings
7.916 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
Sage 50
7.2
14 Ratings
5% below category average
API for custom integration
00 Ratings
7.811 Ratings
Plug-ins
00 Ratings
6.613 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Araize FastFund Online
-
Ratings
Sage 50
8.4
21 Ratings
14% above category average
Inventory tracking
00 Ratings
8.121 Ratings
Automatic reordering
00 Ratings
8.012 Ratings
Location management
00 Ratings
8.210 Ratings
Manufacturing module
00 Ratings
9.09 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
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.
Sage 50 Accounts is well-suited for small to medium-sized enterprises, where there is a moderate number of expenses and invoices that need processing, typically by a company with a smaller finance team. Sage 50 is probably less suitable for a large organisation that needs to handle a higher volume of transactions and manage significant stock levels.
We can build "templates" for recurrent charges/invoices. This saves some time and also ensures that we always use the right accounting rubric.
A lot of additional information can be filled out such as client information (name, address, ...) which makes the software a little more complete.
If you don't need an updated version every year (my case) then the software is not too expensive. The pro version that I'm using was just a little over $300.
I really like the banking statement consolidation which allows you to ensure you got the right information registered.
Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
Fixed assets management module needs to be included with unlimited number of fixed assets.
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.
I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
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.
I think Sage 50 is a trusted product and is reliable from a product delivery and support perspective. They have deep domain expertise in the non-profit space and should be a consideration for new non-profit startups or existing non-profits looking to migrate from other platforms. Overall, I believe that Sage 50 does many things well with few limitations.
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.
They were very knowledgeable of the product, understood my timeline was limited for a software issue and allowed me to get back to my day to day work. The dial into your computer is great so you can monitor what they are doing and learn some tricks yourself
We implemented Sage 50 Premium Accounting in house, not using any third party or professional service. It was a relatively trouble free process, but can be tricky. Just read all instructions carefully, especially if you need to load the program on a network with more than one user
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.
As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.