Araize FastFund Online vs. QuickBooks Online

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 Online
Score 8.3 out of 10
N/A
QuickBooks Online is a SaaS version of the QuickBooks product. It contains all of the features found in the local version. Higher-priced plans include greater automation, payment management, inventory and time tracking, and analytics features.
$38
per month
Pricing
Araize FastFund OnlineQuickBooks Online
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
Simple Start
$38
per month
Essentials
$75
per month
Plus
$115
per month
Advanced
$275
per month
Offerings
Pricing Offerings
FastFund OnlineQuickBooks Online
Free Trial
YesYes
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 Online
Features
Araize FastFund OnlineQuickBooks Online
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
Ratings
4% above category average
QuickBooks Online
8.4
Ratings
8% above category average
Pay calculation8.00 Ratings7.60 Ratings
Direct deposit files8.00 Ratings9.00 Ratings
Benefit plan administration00 Ratings7.00 Ratings
Salary revision and increment management00 Ratings9.00 Ratings
Reimbursement management00 Ratings9.40 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
Ratings
8% above category average
QuickBooks Online
9.7
Ratings
15% above category average
Role-based user permissions9.00 Ratings9.70 Ratings
Single sign-on capability00 Ratings9.60 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 Online
8.2
Ratings
4% above category average
Standard reports8.00 Ratings8.30 Ratings
Custom reports8.00 Ratings7.60 Ratings
Dashboards00 Ratings8.70 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 Online
8.6
Ratings
10% above category average
Accounts payable8.00 Ratings9.20 Ratings
Bank reconciliation8.00 Ratings9.20 Ratings
Expense management8.00 Ratings8.80 Ratings
Accounts receivable00 Ratings9.40 Ratings
Cash management00 Ratings8.80 Ratings
Time tracking00 Ratings6.90 Ratings
Fixed asset management00 Ratings8.20 Ratings
Multi-currency support00 Ratings7.00 Ratings
Multi-division support00 Ratings9.20 Ratings
Regulations compliance00 Ratings9.30 Ratings
Electronic tax filing00 Ratings9.40 Ratings
Self-service portal00 Ratings8.80 Ratings
Global Financial Support00 Ratings8.20 Ratings
Primary and Secondary Ledgers00 Ratings8.80 Ratings
Intercompany Accounting00 Ratings8.80 Ratings
Localizations00 Ratings8.20 Ratings
Journals and Reconciliations00 Ratings9.40 Ratings
Enterprise Accounting00 Ratings8.20 Ratings
Configurable Accounting00 Ratings7.80 Ratings
Centralized Rules Framework00 Ratings8.40 Ratings
Standardized Processes00 Ratings8.60 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Online
8.3
Ratings
8% above category average
API for custom integration00 Ratings8.70 Ratings
Plug-ins00 Ratings8.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Online
7.6
Ratings
3% above category average
Inventory tracking00 Ratings8.00 Ratings
Automatic reordering00 Ratings7.00 Ratings
Location management00 Ratings8.20 Ratings
Manufacturing module00 Ratings7.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Araize FastFund Online
-
Ratings
QuickBooks Online
8.4
Ratings
8% above category average
Pricing00 Ratings8.00 Ratings
Order entry00 Ratings8.00 Ratings
Credit card processing00 Ratings8.60 Ratings
Cost of goods sold00 Ratings9.30 Ratings
Order Orchestration00 Ratings8.00 Ratings
End-to-end order visibility00 Ratings9.00 Ratings
Order exception Resolution00 Ratings8.00 Ratings
User Ratings
Araize FastFund OnlineQuickBooks Online
Likelihood to Recommend
10.0
(0 ratings)
8.8
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
1.9
(0 ratings)
Usability
8.0
(0 ratings)
8.8
(0 ratings)
Availability
-
(0 ratings)
2.0
(0 ratings)
Performance
-
(0 ratings)
1.0
(0 ratings)
Support Rating
10.0
(0 ratings)
1.1
(0 ratings)
Implementation Rating
-
(0 ratings)
3.0
(0 ratings)
Configurability
-
(0 ratings)
10.0
(0 ratings)
Ease of integration
-
(0 ratings)
1.3
(0 ratings)
Product Scalability
-
(0 ratings)
1.0
(0 ratings)
Vendor post-sale
-
(0 ratings)
1.0
(0 ratings)
Vendor pre-sale
-
(0 ratings)
1.0
(0 ratings)
User Testimonials
Araize FastFund OnlineQuickBooks Online
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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I appreciate the ability to auto-generate invoices for recurring transactions, which saves time, as well as the option to set up auto-generated transactions. The report option is super helpful when reviewing information, as you can click to view the details in the report without having to go back and forth.
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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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  • It enables me to do a P&L for each specific program as requested by the county for the grant money that they give us.
  • It enables me to do [an] organizational budget as well as a budget for each specific program
  • It enables the accountant and the auditor access at any time for transparency
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Cons
  • Initial use of the new payroll features had several hiccups that had to be addressed.
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  • Purchase Orders cannot be linked to multiple bill payments which makes tracking purchase orders in QuickBooks Online obsolete. Without the function we have to track this within a different more manual spreadsheet.
  • Would be helpful if you could "split" bank transactions directly from the "review" downloads from the bank. Currently, to split transactions to multiple accounts we need to first categorize, then review after assigning to 1 account.
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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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QBO needs better integration with non-Intuit products and developers need to use Intuit's open API to develop better add-ons. Clients are having a great deal of problems with their data importing from the bank and this takes time away from better revenue producing activities. Although the efficiencies are there, they are outweighted by the shortcomings of the product. When we ran a parallel of QBO versus other cloud accounting products, we had more issues with the QBO product than any other
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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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I had very little trouble setting up the program and migrating from our old accounting system. The daily usage is also very intuitive and easy. Anytime we run into minor trouble with the program, there are always tons of help available on YouTube, so we don't even look up the online manual anymore.
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Reliability and Availability
No answers on this topic
We have rarely had outages in the last 10 years. I can only recall 2 times in the last 10 years where we were not able to access our client files.
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Performance
No answers on this topic
Everything process has its bugs lately with the new interface. Nothing has worked smoothly since this all began last month.
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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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In my experience, most representatives keep me on the phone for hours, literally, for a single issue and then usually cannot resolve it satisfactorily. I have 10 open cases that need resolution and, in my experience, there has been NO follow-up communication on any of them.
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Implementation Rating
No answers on this topic
The person in charge of QB needs to be very accurate with record keeping and is recommended to stay on top of tasks. The biggest issue we have is reconciliation, and those issues occur only when too much time has occurred between reconciliations
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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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QuickBooks Online is an accounting software package that allows companies to use a cost-effective and efficient software package. QuickBooks Online allows companies to prepare their balance sheets and income statements. It connects with a variety of other applications, which allows you to be efficient. We are very pleased with QuickBooks Online, and we would highly recommend it.
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Scalability
No answers on this topic
As we have grown along our professional path, we have also expanded our use of QB. The scalability is easy and features seem to be waiting for you until you need them. We have increased profits by over 10x from our first year in business to the current and have yet to find a reason to look elsewhere
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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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  • I think the help function is cumbersome and hard to use. When I go to refresh myself on a function, say quarterly, I feel like I have to cast about just looking for it.
  • The account reconciliation works, but in this place that could benefit from messaging, there are no easy helping functions flagging things like amounts that fit the discrepancy.
  • Even styling invoices and documents is more cumbersome than it should be.
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ScreenShots

FastFund Online Screenshots

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

QuickBooks Online Screenshots

Screenshot of the accounting and bank transactions interfaceScreenshot of an overview of the accounting inventoryScreenshot of book marksScreenshot of the business tax overviewScreenshot of the customer hubScreenshot of the dashboard