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NONPROFIT ACCOUNTING SOFTWARE Reviews 22 February 2016 • www.CPAPracticeAdvisor.com BEST FIT Financial Edge NXT, from Blackbaud is well suited for mid-sized nonproft organizations, NGO's, and govern- ment entities that desire the fexibility of an online product. PRODUCT STRENGTHS • Mobile friendly interface • I nteg rates w it h a l l Blackbaud fnancial and fundraising applica- tions • E x c e l l e n t h e l p a n d s u p p o r t options available • G r a n t m a n a g e m e n t m o d u l e available POTENTIAL LIMITATIONS • Because of its powerful capabili- ties and features, it may not be as well suited for smaller nonprofts SUMMARY & PRICING Pricing is by user license, with three packages available for purchase. Users can visit the website to arrange for a product demo and obtain pricing at the same time. Extremely scalable, with a mobile enhanced interface for easy naviga- tion, the next generation of nonproft sofware from Blackbaud has arrived. www.Blackbaud.com BEST FIT Denali FUND Nonproft Sofware, from Cougar Mountain Sofware is a modular system well-suited for small to mid-sized nonproft organi- zations, particularly those handling multiple funds. PRODUCT STRENGTHS • User friendly interface • Integration with third party donor management sofware • Available in three versions • Modular structure allows users to add modules at any time • G o o d s u p p o r t a n d t r a i n i n g options available POTENTIAL LIMITATIONS • Uses batch system for processing transactions SUMMARY & PRICING Denali FUND Nonproft Accounting is an excellent ft for small to mid- sized nonprof its that currently manage multiple funds and pro- grams. Pricing for Denali's FUND Accounting Suite is just under $5,000, or 409 per month for the frst year ($229 per month thereafer), and includes GL, AP, AR , Bank Reconciliation, Purchase Order, Payroll, and Crystal Reports mod- ules. Other modules are available at additional cost. www.CougarMtn.com Blackbaud Financial Edge NXT Cougar Mountain Denali FUND Nonproft Accounting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12162253 5 4.75 2016 OVERALL RATING 2016 OVERALL RATING BEST FIT Designed for small to mid-sized nonprofts with revenues of less than $5 million annually, Aplos Fund Accounting ofers an easily navigated user platform that utilizes cloud- based technology. Aplos will release Advanced Accounting in 2016, making it easy for larger or growing organization to scale their sofware when they require more personalized reporting. Aplos released its API (Application Program Interface) in July of 2015, providing users with the ability to share data w ith other related programs such as donor management software. Users can easily turn the API on or off as desired. Users are responsible for configuring all API clients, giving them authorization to access system data. PRODUCT STRENGTHS • Cloud-based product ofers any- time/anywhere access • Available in three versions • Afordably priced system includes all technical support • Ofers complete fund accounting capability POTENTIAL LIMITATIONS • Reporting options are limited • Rapidly growing nonprofts could outgrow the product SUMMARY & PRICING Aplos ofers several discounts to new and smaller nonprofts. For instance, nonprofts formed in the past year can request six months free, and those with less than $50,000 in annual revenues can qualify for a 30% discount. Te Starter version costs $25.00 per month, with users able to save 10% if the subscription if paid annually. Te Standard version is $40.00 per month or $55 per month with multiple users. The Advanced version is $120 per month or $200 per month with multiple users. A f fordable for even the smallest nonprofit, Aplos allows users to be up and running in hours not weeks. www.Aplos.com BEST FIT Available via SaaS technology, Fast- Fund Nonproft Accounting is well- suited to small- to mid-sized non- proft organizations that desire easy system navigation, with strong bud- geting and reporting. FastFund Nonproft Accounting from Araize, Inc. has been offering nonprofit sofware for over 30 years. Designed by CPAs, FastFund ofers an easily navigated, afordable product. PRODUCT STRENGTHS • Available as SaaS for easy online access • P roduc t s uppor t i nc lude d i n pricing • User friendly, with an excellent user guide included • Ofers solid fundraising and pay- roll modules POTENTIAL LIMITATIONS • No on-premise version is available SUMMARY & PRICING FastFund Accounting from Araize is an excellent, afordable product for small to mid-sized nonprofts that are donor driven and need a product that can easily track donor details. Fast- Fund starts at $35 per month for the Standard edition, with fundraising and payroll modules running $75 per module per month. Additional modules are available for $15 per month. Other versions are also available. www.Araize.com Aplos Fund Accounting Araize FastFund Nonproft Accounting Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12162211 Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12162231 4.5 4.75 2016 OVERALL RATING 2016 OVERALL RATING Read the full review and see expanded ratings for this product online at: www.CPAPracticeAdvisor.com/12162247