Araize FastFund Online vs. QuickBooks Desktop Premier

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
for 5 employees
QuickBooks Desktop Premier
Score 8.0 out of 10
N/A
QuickBooks Desktop Premier is an installed version of QuickBooks for general business, contractors, manufacturing and warehouse accounting, as well as nonprofits, professional services, and retail.N/A
Pricing
Araize FastFund OnlineQuickBooks Desktop Premier
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 OnlineQuickBooks Desktop Premier
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
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 OnlineQuickBooks Desktop Premier
Features
Araize FastFund OnlineQuickBooks Desktop Premier
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
Ratings
4% above category average
QuickBooks Desktop Premier
9.0
Ratings
15% above category average
Pay calculation8.00 Ratings7.00 Ratings
Direct deposit files8.00 Ratings8.00 Ratings
Benefit plan administration00 Ratings10.00 Ratings
Salary revision and increment management00 Ratings9.90 Ratings
Reimbursement management00 Ratings10.00 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
Ratings
8% above category average
QuickBooks Desktop Premier
10.0
Ratings
18% above category average
Role-based user permissions9.00 Ratings10.00 Ratings
Single sign-on capability00 Ratings10.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Araize FastFund Online
8.0
Ratings
1% above category average
QuickBooks Desktop Premier
8.2
Ratings
4% above category average
Standard reports8.00 Ratings9.00 Ratings
Custom reports8.00 Ratings6.50 Ratings
Dashboards00 Ratings9.00 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
Ratings
3% above category average
QuickBooks Desktop Premier
8.3
Ratings
6% above category average
Accounts payable8.00 Ratings10.00 Ratings
Bank reconciliation8.00 Ratings10.00 Ratings
Expense management8.00 Ratings10.00 Ratings
Accounts receivable00 Ratings10.00 Ratings
Cash management00 Ratings10.00 Ratings
Time tracking00 Ratings5.00 Ratings
Fixed asset management00 Ratings5.00 Ratings
Multi-currency support00 Ratings9.00 Ratings
Multi-division support00 Ratings7.00 Ratings
Regulations compliance00 Ratings1.80 Ratings
Electronic tax filing00 Ratings10.00 Ratings
Self-service portal00 Ratings5.00 Ratings
Global Financial Support00 Ratings5.00 Ratings
Primary and Secondary Ledgers00 Ratings7.00 Ratings
Intercompany Accounting00 Ratings10.00 Ratings
Localizations00 Ratings10.00 Ratings
Journals and Reconciliations00 Ratings10.00 Ratings
Enterprise Accounting00 Ratings10.00 Ratings
Configurable Accounting00 Ratings10.00 Ratings
Centralized Rules Framework00 Ratings10.00 Ratings
Standardized Processes00 Ratings10.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Desktop Premier
1.3
Ratings
142% below category average
API for custom integration00 Ratings1.30 Ratings
Plug-ins00 Ratings1.30 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Desktop Premier
2.9
Ratings
87% below category average
Inventory tracking00 Ratings1.70 Ratings
Automatic reordering00 Ratings1.00 Ratings
Location management00 Ratings8.00 Ratings
Manufacturing module00 Ratings1.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Desktop Premier
8.0
Ratings
3% above category average
Pricing00 Ratings10.00 Ratings
Order entry00 Ratings10.00 Ratings
Credit card processing00 Ratings10.00 Ratings
Cost of goods sold00 Ratings10.00 Ratings
Order Orchestration00 Ratings10.00 Ratings
End-to-end order visibility00 Ratings1.00 Ratings
Order exception Resolution00 Ratings5.00 Ratings
Best Alternatives
Araize FastFund OnlineQuickBooks Desktop Premier
Small Businesses
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Score 8.9 out of 10
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Score 8.9 out of 10
Medium-sized Companies
Zoho Books
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Score 9.0 out of 10
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Score 9.0 out of 10
Enterprises
SAP S/4HANA Cloud
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Score 8.6 out of 10
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Score 8.6 out of 10
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User Ratings
Araize FastFund OnlineQuickBooks Desktop Premier
Likelihood to Recommend
10.0
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
1.3
(0 ratings)
Usability
8.0
(0 ratings)
10.0
(0 ratings)
Availability
-
(0 ratings)
8.9
(0 ratings)
Performance
-
(0 ratings)
5.7
(0 ratings)
Support Rating
10.0
(0 ratings)
1.0
(0 ratings)
Online Training
-
(0 ratings)
1.0
(0 ratings)
Implementation Rating
-
(0 ratings)
7.2
(0 ratings)
Configurability
-
(0 ratings)
9.0
(0 ratings)
Ease of integration
-
(0 ratings)
7.0
(0 ratings)
Product Scalability
-
(0 ratings)
6.2
(0 ratings)
Vendor pre-sale
-
(0 ratings)
7.0
(0 ratings)
User Testimonials
Araize FastFund OnlineQuickBooks Desktop Premier
Likelihood to Recommend
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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QuickBooks Desktop is an easy-to-use software with good services. Their invoicing, employment, and vendor sections are all wonderful. These sections allow efficient tracking and instant business summaries and reporting. However, the pricing for additional services and upgrades and lack of good customer service makes it a less attractive software for small businesses.
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Pros
  • 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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  • QuickBooks Premier is easy to use, yet flexible and powerful enough to handle some complicated accounting scenarios.
  • QuickBooks Premier offers a wide array of canned reports. Custom reports can be easily created.
  • QuickBooks Premier with Enhanced Payroll gives us the tools to handle complex payrolls with multiple variables.
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Cons
  • Initial use of the new payroll features had several hiccups that had to be addressed.
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  • I would like to be able to choose how i want to view accounts receivable aging. I would like some flexibility to sort and choose how to present the data.
  • For a seasoned accountant, I would like to see some of the restrictive controls that are in place for novices to be able to be relaxed so that I can easily make some entries and adjust some balances that ordinarily a regular user would not be able to do.
  • I would like to see an easy way to clear old outstanding checks that need to be reversed without affecting prior balances/history.
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Likelihood to Renew
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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Because we have been extremely happy with the product and our organization tends to be creatures of habit. We rarely leave a product that works this well for the latest and greatest. Typically we follow the "if it's not broken, don't fix it rule". While QB does make changes we typically just roll with it. If we do find something we don't like we work through it until we fully understand its functionality.
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Usability
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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We switched to a more "robust" software program with the hiring of a new CFO. The migration of historical data and ancillary information has been cumbersome and riddle with errors and issues. In hindsight much of what the new software program was touted to accomplish is not come to fruition. QB Desktop Premier was sufficient for the organization needs
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Reliability and Availability
No answers on this topic
This is very reliable software, the desktop version is fast. If there is a problem, it is most likely on your own hardware!
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Performance
No answers on this topic
It takes forever to load.
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Support Rating
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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This is where QuickBooks falls short. Many times my staff has had questions that have not been able to get resolved easily with a chat or call. I personally have had more general questions that have not been answered easily as well. I think QuickBooks needs to provide the resources of having readily accessible help in order to make it simpler to get solutions.
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Implementation Rating
No answers on this topic
It is important to do your research. There are tutorial videos online that could help new user of this accounting system. These tutorials are straightforward and easily understandable.
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Alternatives Considered
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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We've used QuickBooks Desktop Premier for many, many years. We've not reviewed any other accounting products internally - but have a handful of the customers that use Cyma (mentioned above). While I've never had occasion to functionally use Cyma, I have had to install and troubleshoot problems with it. Put simply... not impressed. I found installation a bit confusing, and once started up, I wasn't able to easily find anything I would have wanted to find - where conversely, QuickBooks Desktop Premier excels on both of these fronts.
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Scalability
No answers on this topic
They're getting better. Still room for improvement.
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Return on Investment
  • 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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  • Most of our business clients use QuickBooks which makes it efficient for us to work on clients that use the program. We can import QuickBooks data into our software which adds efficiencies to our tax practice.
  • Having staff that are familiar with the software enables our firm to provide quality service to the clients that use QuickBooks.
  • We receive referrals from satisfied QuickBooks clients.
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ScreenShots

FastFund Online Screenshots

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