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NONPROFIT ACCOUNTING SOFTWARE Reviews BEST FIT A cc u Fu n d O n l i n e No n -Pro f i t Accounting - Cloud Solution joins AccuFund Accounting Suite and AccuFund Anywhere as a group of modular based nonproft sofware solutions well suited for small to mid-sized nonprofts and govern - ment entities. Extremely fexible, the product ofers excellent fnan- cial functionality, along with a big selection of nonprof it specif ic features. STRENGTHS • Product of fers both f lex ibilit y and scalability • O f fer s bot h g ra nt a nd donor management functionality • Solid budgeting capability • E x tensive select ion of add-on modules ofered POTENTIAL LIMITATIONS • Training and system setup may take some time SUMMARY & PRICING AccuFund is a solid, scalable non- profit and financial management product that is well suited for small to mid-sized organizations. With the product available in both on- premise and cloud editions, the p r o d u c t o f f e r s a t r e m e n d o u s amount of flexibility. AccuFund pricing begins at $2,995 for a single user system with additional mod- ules priced between $1,295 and $ 2 , 4 9 5 . A c c u Fu n d A ny w h e re pricing starts at $190 per month for the frst user, with subsequent users extra. Add-on modules are priced between $80 and $110 per month. www.AccuFund.com STRENGTHS • Easy sof ware implementation and very slight learning curve • Free product support • Designed by CPAs • Excellent fundraising capability • Solid budgeting features POTENTIAL LIMITATIONS • Product is only available as an SaaS SUMMARY & PRICING A r a i z e F a s t F u n d N o n p r o f i t Accounting is an excellent product for small to mid-sized nonprofit organizations that desire a well- functioning fundraising module as well. Easily afordable, and quick to s e t u p, Fa s t F u n d N o n p r o f i t Accounting starts at $35.00 per user per month for the Basic edition, with the fundraising and payroll modules extra. The Pro version starts at $75.00 per month. Users can al so choose to bund le the opt ions they need , star t ing at $50.00 per month. www.Araize.com AccuFund Online Non-Proft Accounting - Cloud Solution Araize Inc. - FastFund Nonproft Accounting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068321 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12068330 5 4.75 2015 OVERALL RATING 2015 OVERALL RATING Nonprofit Accounting System Helps Those Who Help Others According to the National Institutes for Health, about 20 percent of American adults experience some form of mental health disorder each year, and one in five people has a serious disorder such as bipolar disorder or schizophrenia. Fortunately, the days are long gone when people with mental health conditions were sent off to often-stereotyped mental institutions. In the U.S. today, there are hundreds of private and government-funded organizations that help these individuals with many aspects of their condition, from helping children overcome developmental and behavioral issues, to assisting adults in managing their medications or just dealing with the everyday challenges they face. The Texoma Community Center, which serves three counties in north Texas ( www.texomacc.org ) is one of 37 state chartered local mental health organizations in Texas that provides various services to adults and families with children who need assistance. The orga- nization serves about 4,700 people each year. With an annual budget of about $11 million that includes funding from the state, federal agencies, Medi- care, Medicaid and private insurance, the nonprofit needed a strong financial system to ensure effective management and reporting of those funds and ex- penditures. The organization, which is not considered a state agency, has 180 full-time employees at 11 locations in the three counties they serve. This includes seven properties they own, and two leased offices. So, in ad- dition to their financial management needs, Texoma CC also needed human resources and payroll capabilities, plus asset management and depreciation. After looking at other nonprofit accounting systems on the mar- ket, they selected the AccuFund Accounting Suite in early 2013. The system includes core module for GL, AP, AR, purchase orders, financial and budget reporting, user security levels, and FASB reporting, as well as options for grant management, payroll, human resources, employee time entry, asset management, inventory and allocation management. "We have many funds that need to be managed independently," said Don Riddle, CFO of Texoma Com- munity Center. These include the general, depreciation and internal service funds. "AccuFund helps segregate the funds with any number of different segments and levels of account numbers. Then, I can use the reporting features to roll them all together. The GL report writer is easy to use and has great customization options, which makes it easy to comb through reports and data and filter it to the specific information I need." On a day to day basis, Riddle said that the integration of all of the different components of the accounting system helps him stay on top of vital data. "AccuFund integrates every - thing, so I don't have to go in and post payables or payroll and then have to do a journal entry. Or when there are changes to fixed assets, either. The system is smart and simple to use because it has a single database." When they converted to the system, Riddle said they used a Texas-based tech consulting firm that partners with AccuFund for installation and training. He said getting the program set up and running was a breeze, and that the training was almost not needed, because the program was pretty straightforward and easy to use for anyone with ac- counting experience. ● S P O N S O R E D C O N T E N T READ THE 2015 REVIEW OF AccuFund Online Non-Profit Accounting - Cloud Solution FIRST-HAND