Araize FastFund Online vs. Zoho Books

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
Zoho Books
Score 9.0 out of 10
N/A
Zoho Books is an accounting solution that is designed to help small businesses manage their finances. This solution includes dashboards and a wide variety of reports. Business users can automate tasks and set up custom workflows. Zoho offers a 14 day free trial.
$0
For businesses with turnover <50K USD per annum
Pricing
Araize FastFund OnlineZoho Books
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
Free
$0
For businesses with turnover <50K USD per annum
Standard
$20
per month per org
Professional
$50
per month per org
Premium
$70
per month per org
Offerings
Pricing Offerings
FastFund OnlineZoho Books
Free Trial
YesYes
Free/Freemium Version
NoYes
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.Zoho Books is available for both monthly and yearly plans. Users who sign up for the annual plan get a discount.
More Pricing Information
Community Pulse
Araize FastFund OnlineZoho Books
Features
Araize FastFund OnlineZoho Books
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Araize FastFund Online
8.0
Ratings
4% above category average
Zoho Books
-
Ratings
Pay calculation8.00 Ratings00 Ratings
Direct deposit files8.00 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Araize FastFund Online
9.0
Ratings
8% above category average
Zoho Books
9.2
Ratings
10% above category average
Role-based user permissions9.00 Ratings10.00 Ratings
Single sign-on capability00 Ratings8.40 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Araize FastFund Online
8.0
Ratings
1% above category average
Zoho Books
8.7
Ratings
10% above category average
Standard reports8.00 Ratings9.00 Ratings
Custom reports8.00 Ratings9.00 Ratings
Dashboards00 Ratings8.20 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
Zoho Books
8.4
Ratings
8% above category average
Accounts payable8.00 Ratings8.20 Ratings
Bank reconciliation8.00 Ratings8.00 Ratings
Expense management8.00 Ratings8.80 Ratings
Accounts receivable00 Ratings8.20 Ratings
Cash management00 Ratings7.00 Ratings
Time tracking00 Ratings8.80 Ratings
Multi-currency support00 Ratings9.20 Ratings
Regulations compliance00 Ratings8.00 Ratings
Self-service portal00 Ratings9.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Araize FastFund Online
-
Ratings
Zoho Books
7.8
Ratings
2% above category average
API for custom integration00 Ratings7.80 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Araize FastFund Online
-
Ratings
Zoho Books
7.0
Ratings
5% below category average
Inventory tracking00 Ratings9.00 Ratings
Automatic reordering00 Ratings5.00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Araize FastFund Online
-
Ratings
Zoho Books
8.7
Ratings
12% above category average
Pricing00 Ratings9.00 Ratings
Order entry00 Ratings9.00 Ratings
Credit card processing00 Ratings6.80 Ratings
Cost of goods sold00 Ratings10.00 Ratings
User Ratings
Araize FastFund OnlineZoho Books
Likelihood to Recommend
10.0
(0 ratings)
8.2
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
-
(0 ratings)
Usability
8.0
(0 ratings)
8.4
(0 ratings)
Support Rating
10.0
(0 ratings)
5.3
(0 ratings)
User Testimonials
Araize FastFund OnlineZoho Books
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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Zoho Books is good for a company or organization that wants to keep track of invoices, payments, and cash flow. If you do not have a full-time accountant in your organization, it can work well as whenever you hire one or have someone check your books, the information they need will be there, provided it has been entered into Zoho Books. It works as a one-man operation or a small team. For larger teams, it would depend on how much information needs to be input on a daily basis.
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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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  • The projects feature is what we use a lot it helps setting up projects as well as tracking expenses and bills for the whole project. The budgeting feature is very developed, allowing you to budget by total project cost, total project hours, hours per task, or hours per staff.
  • Customer Estimates and Invoices are very easy to setup and send directly from the app (it also has a very nice and customizable reminder option).
  • Stock and pricing listings is very intuitive and easy and makes it a very helpful and time saving feature.
  • Bank reconciliation and Financial reporting are very developed and make it easy to share information with bookeepers and accounting specialists.
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Cons
  • Initial use of the new payroll features had several hiccups that had to be addressed.
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  • Printing checks - they only offer one vendor and they are expensive compared to QuickBook alternatives.
  • Their interface for bids - retainers and applying them against income could be improved, but once you know how it's easy.
  • Their recurring fees don't seem to always work the way I'd want. But overall they work.
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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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No answers on this topic
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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Customization is the biggest struggle for us and most of the time we need to involve a tech person. The chat support is a great feature and very helpful. It would be great to be able to customize and create invoices and correspondence (templates) such are reminders in multiple languages within one organization. The currency (USD) would be the same. We have clients in different countries that don't speak English but pay in USD.
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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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The support team feels very disjointed. We have filtered through a number of "lead" contacts and are frequently spammed by other Zoho members. Once getting an appropriate support contact on the phone - the team is very helpful, it just takes a lot of hoop jumping to get there. We actually unsubscribed from their support package as we were not getting the value we were looking for.
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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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Cloud vs. desktop, this and the fact that Zoho Books syncs with our other Zoho apps were the most pressing reasons for switching to Zoho Books. As mentioned previously, we consider our accounting software to be an integral part of doing business efficiently, and we can now do that considering our systems are all integrated.
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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 was able to cut my costs for a more complete and easy to use tool.
  • Many transactions, and accounting tasks on 1 platform, reduction in time by a lot.
  • Clients can pay without leaving your website (less drop-off, better conversions).
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ScreenShots

FastFund Online Screenshots

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

Zoho Books Screenshots

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