CPA Practice Advisor

MAY 2015

Today's Technology for Tomorrow's Firm.

Issue link: https://cpapracticeadvisor.epubxp.com/i/511071

Contents of this Issue

Navigation

Page 10 of 25

May 2015 • www.CPAPracticeAdvisor.com 11 NONPROFIT ACCOUNTING SOFTWARE Reviews BEST FIT FUND E-Z is a scalable nonproft sofware product that is designed for small to mid-sized nonprofit organizations and NGO's. The availability of two versions of the product makes it easy for smaller users to scale up if necessary. STRENGTHS • Intuitive user inter face that is easily navigated • Available in two editions – basic and pro • Excellent optional f undraising module • System can be up and running quickly • System of fers strong ma nage- ment and budgeting capability POTENTIAL LIMITATIONS • Dedicated Grants Management module not ofered • C u r r e n t l y d o e s n o t o f f e r e - b a n k i n g o r e l e c t r o n i c b i l l payment options SUMMARY & PRICING FUND E-Z Nonproft Accounting from FUND E-Z Development Corporation is a solid, scalable nonproft sofware product that is ideally suited to small to mid-sized n o n p r o f i t o r g a n i z a t i o n s a n d NGO's. Pricing starts at $1,995.00 for a basic edition for a single user, with the fundraising module avail- able for an additional $995. www.FundEZ.com BEST FIT OneNFP Financials is available in two versions, making it a scalable product that can easily suit the needs of most small to mid-sized n o n p ro f i t o r ga n i z at i o n s . T h e product ofers excellent fnancial and grant management capability, as well as an add-on fundraising module, which can be used as an integrated part of the core product, or as a standalone solution. STRENGTHS • 100% cloud based for user fexi- bility • Available in two versions • E x c e l l e n t i n t e g r a t i o n w i t h Microsof Ofce 365 • Excellent budgeting capability POTENTIAL LIMITATIONS • Not well suited for membership driven organizations • May become costly for organiza- t ion s w it h nu merou s s y s te m users SUMMARY & PRICING OneNFP Financials Lite is available for $99.00 per month for a single user. Te Standard version begins at $165.00 a month, with a cloud fee of $49.00 per month charged as wel l. For nonprof its managing multiple funds or grants that need remote access, thi s spin-of f of Serenic Sofware may be a good ft. www.OneNFP.com BEST FIT Serenic Navigator from Serenic Soft ware is a robust nonprof it product suitable for mid-sized to larger nonprof it organizations, non-governmental organizations and government entities. A com- pletely integrated product, Serenic Navigator ofers users solid fnancial management capability, along with an impressive selection of add-on modules. STRENGTHS • Product ofers excellent custom- ization capability • P r o d u c t i s av a i l a ble i n b ot h online and on-premise versions • O f fers sol id i nteg rat ion w it h Microsof Ofce • Excellent reporting and report customization POTENTIAL LIMITATIONS • C o s t m a y b e pr oh i b i t i v e f or smaller nonprofts with a limited budget • Users will likely require signif- cant training SUMMARY & PRICING Serenic Nav igator of fers larger n o n p ro f i t o r g a n i z at i o n s w i t h excellent customization and bud- geting capabilities, as well as grant and donor management capacity. Pricing for Serenic Navigator starts a t $ 1 3 , 0 0 0 , w h i c h i n c l u d e s l i cens i ng f o r t h ree u ser s. Th e Extended Pack is $12,000 for a single user. Organizations also have the option to set up limited users at a reduced cost. Online subscription pr ic ing i s around $600.00 per month, and includes three full users and fve limited users. www.Serenic.com FUND E-Z Nonproft Accounting OneNFP Financials for Nonprofts Serenic Navigator Nonproft Accounting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068332 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068339 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068356 4.75 4.75 5 2015 OVERALL RATING 2015 OVERALL RATING 2015 OVERALL RATING BEST FIT Cougar Mountain Software con- tinues its tradition of producing affordable, scalable products for small to mid-sized businesses and organizations. Reviewed in this issue, Denali Full FUND Suite ofers smaller nonprofts a modular sofware product that contains solid fund accounting capability, making it a good fit w ith organizations handling multiple funds. Available in three versions, nonprofits can easily scale up to the next version when needed. STRENGTHS • Sc a lable, w it h t h ree ed it ion s available • E x c e l l e n t t r a i n i n g o p t i o n s available • Reasonably priced • Easy system navigation • Integrates with Donor Manage- ment sofware POTENTIAL LIMITATIONS • Still requires batch processing SUMMARY & PRICING An excellent ft for small to mid- sized nonprofts managing multiple funds, Cougar Mountain Sofware ofers users several pricing options to purchase Denali FUND, with p r i c i n g s t a r t i n g at j u s t u n d e r $1,800. Pricing for Denali's Full F U N D S u i t e i s $ 5 , 9 1 3 , a n d includes GL, AP, AR , Bank Recon- ciliation, Purchase Order, Payroll, and Cr ystal R epor ts modules. Other modules are available at additional cost. www.CougarMtn.com Cougar Mountain Denali + FUND Full Suite Ac counting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068332 4.75 2015 OVERALL RATING

Articles in this issue

Links on this page

Archives of this issue

view archives of CPA Practice Advisor - MAY 2015