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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FastFund Online

    Score10 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

    MIP Fund Accounting

    Score8.7 out of 10
    N/AMIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
    Pricing
    FastFund OnlineMIP Fund Accounting
    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
    No answers on this topic
    Offerings
    Pricing Offerings
    FastFund OnlineMIP Fund Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    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
    FastFund OnlineMIP Fund Accounting
    Considered Both Products
    Araize, Inc.
    No answer on this topic
    Momentive Software
    Chose MIP Fund Accounting
    Ariaze was easier on making changes and more user friendly. Abila is more complex and is a higher learning curve when training new staff.
    Incentivized
    Chose MIP Fund Accounting
    We have not researched or entertained other products during my tenure here at the organization. We have been pleased with what the product provides but would expect to reevaluate systems in the next five years to ensure MIP continues to be the best option for our rapidly …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    91%
    Would buy again
    116 Answers
    Delivers good value for the price
    No answers on this topic
    97%
    Delivers good value for the price
    108 Answers
    Happy with the feature set
    No answers on this topic
    94%
    Happy with the feature set
    119 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    86%
    Lived up to sales and marketing promises
    54 Answers
    Implementation went as expected
    No answers on this topic
    85%
    Implementation went as expected
    56 Answers
    Features
    FastFund OnlineMIP Fund Accounting
    Payroll Management
    Comparison of Payroll Management features of Araize FastFund Online and MIP Fund Accounting
    Feature
    Araize FastFund Online
    8.0
    1 Ratings
    3% above category average
    MIP Fund Accounting
    -
    Ratings
    Pay calculation8.01 Ratings00 Ratings
    Direct deposit files8.01 Ratings00 Ratings
    Security
    Comparison of Security features of Araize FastFund Online and MIP Fund Accounting
    Feature
    Araize FastFund Online
    9.0
    1 Ratings
    8% above category average
    MIP Fund Accounting
    -
    Ratings
    Role-based user permissions9.01 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Araize FastFund Online and MIP Fund Accounting
    Feature
    Araize FastFund Online
    8.0
    1 Ratings
    1% above category average
    MIP Fund Accounting
    -
    Ratings
    Standard reports8.01 Ratings00 Ratings
    Custom reports8.01 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Araize FastFund Online and MIP Fund Accounting
    Feature
    Araize FastFund Online
    8.0
    1 Ratings
    3% above category average
    MIP Fund Accounting
    -
    Ratings
    Accounts payable8.01 Ratings00 Ratings
    Bank reconciliation8.01 Ratings00 Ratings
    Expense management8.01 Ratings00 Ratings
    Best Alternatives
    FastFund OnlineMIP Fund Accounting
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FastFund OnlineMIP Fund Accounting
    Likelihood to Recommend
    10.0
    (1 ratings)
    8.7
    (434 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    9.5
    (130 ratings)
    Usability
    8.0
    (1 ratings)
    8.3
    (100 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (15 ratings)
    Performance
    -
    (0 ratings)
    8.7
    (90 ratings)
    Support Rating
    10.0
    (1 ratings)
    8.5
    (99 ratings)
    In-Person Training
    -
    (0 ratings)
    10.0
    (9 ratings)
    Online Training
    -
    (0 ratings)
    8.0
    (7 ratings)
    Implementation Rating
    -
    (0 ratings)
    6.1
    (28 ratings)
    Configurability
    -
    (0 ratings)
    8.4
    (8 ratings)
    Ease of integration
    -
    (0 ratings)
    9.6
    (13 ratings)
    Product Scalability
    -
    (0 ratings)
    8.1
    (15 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.7
    (13 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    8.9
    (13 ratings)
    User Testimonials
    FastFund OnlineMIP Fund Accounting
    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.
    Incentivized
    Read full review
    Momentive Software
    MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Momentive Software
    • Easy to obtain check register for select periods
    • Easy to do bank reconciliations
    • Easy to log in for remote work, for anywhere I need to access it from!
    • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
    Incentivized
    Read full review
    Cons
    Araize, Inc.
    • Initial use of the new payroll features had several hiccups that had to be addressed.
    Incentivized
    Read full review
    Momentive Software
    • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
    • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
    • When processing W2 the system deletes info.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Momentive Software
    I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Momentive Software
    I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
    Incentivized
    Read full review
    Reliability and Availability
    Araize, Inc.
    No answers on this topic
    Momentive Software
    I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
    Incentivized
    Read full review
    Performance
    Araize, Inc.
    No answers on this topic
    Momentive Software
    We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
    Incentivized
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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.
    Incentivized
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    Momentive Software
    I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
    Incentivized
    Read full review
    In-Person Training
    Araize, Inc.
    No answers on this topic
    Momentive Software
    There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
    Incentivized
    Read full review
    Online Training
    Araize, Inc.
    No answers on this topic
    Momentive Software
    Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
    Incentivized
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    Implementation Rating
    Araize, Inc.
    No answers on this topic
    Momentive Software
    Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Momentive Software
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
    Incentivized
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    Scalability
    Araize, Inc.
    No answers on this topic
    Momentive Software
    The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Momentive Software
    • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
    • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
    • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
    • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
    Incentivized
    Read full review
    ScreenShots

    FastFund Online Screenshots

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

    MIP Fund Accounting Screenshots

    Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions