Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Cat avg: 8.8
Top Performing Features
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Cat avg: 8.5
Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Cat avg: 8.3
Standard reports
The software offers pre-built reports with metrics standard to the category.
Cat avg: 8.5
Worst Performing Features
Custom reports
Users can create custom reports.
Cat avg: 8
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Cat avg: 8.7
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Cat avg: 8.5
FastFund Online Features from Reviews
Payroll Management
Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.
8+1%
Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Category average: 8.5
Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Category average: 8.3
Security
This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.
9+3%
Role-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Category average: 8.8
Reporting & Analytics
Users can report on and analyze usage, performance, ROI, and/or other metrics of success.
8-1%
Standard reports
The software offers pre-built reports with metrics standard to the category.
Category average: 8.5
Custom reports
Users can create custom reports.
Category average: 8
General Ledger and Configurable Accounting
Financial management solution, including capabilities for general ledger and configurable accounting
8-2%
Accounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Category average: 8.7
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Category average: 8.5
Expense management
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
Category average: 8.5
FastFund Online Features from the Vendor
General Ledger and Configurable Accounting
Vendor-contributedAccounts payable
This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.
Accounts receivable
This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.
Cash management
The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.
Bank reconciliation
The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.
Expense management
The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.
Multi-division support
The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.
Regulations compliance
The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.
Payroll Management
Vendor-contributedPay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Benefit plan administration
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Salary revision and increment management
Salary revision is the ability to modify individual employee pay.
Reimbursement management
Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.
Reporting & Analytics
Vendor-contributedStandard reports
The software offers pre-built reports with metrics standard to the category.
Custom reports
Users can create custom reports.
Security
Vendor-contributedRole-based user permissions
Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.
Single sign-on capability
The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.
Multi-factor authentication
Multi-factor authentication
User-level audit trail
User-level audit trail
Additional Features
Vendor-contributedTrue, nonprofit fund accounting
Seamless integration of accounting, fund raising and payroll