A financial management software designed by AccuFund for nonprofit organizations and local government entities.
AccuFund for Non-profits is a fund accounting suite designed specifically for non-profit organizations and is scalable to meet the needs of most accounting departments. AccuFund provides the simplicity of off-the shelf Windows products with the functionality required to effectively manage the complex FASB reporting requirements of these organizations. The AccuFund Accounting Suite includes a core system and a number of modules that may be added to customize the installation for a specific agency.
The AccuFund for Non-profits Core system includes:
AccuFund for Government is an accounting suite designed specifically for government entities including municipalities, counties and special districts. AccuFund provides the simplicity of off-the shelf Windows products with the functionality required to effectively manage the complex GASB reporting requirements of these organizations.
AccuFund for Government Core system includes:
For municipalities, counties and special districts, AccuFund offers the following modules:
Add any of the following modules to complete the system:
The primary reason we began looking into software is to find a solution where we could scan and attach invoices. Not having this in our previous software was creating disorganization and was time consuming. Accufund allowed us to scan and search our stored invoices, but beyond that provided a consolidated database where we could do payroll, utility billing, and accounting. They also were the most affordable while bringing the most value.
Honestly it wasn’t my favorite software. My favorite software was Acumatica but the recurring years price tag was way too high. AccuFund was the best server-based software that fit within our budgetary parameters. Our executive team really didn’t want a cloud solution. Could I push it and sell it? Yeah, probably. But trying to push and sell a cloud solution that also costs an extra $15k/year going forward - that’s a hard sell.
We had a list of stuff we evaluated; basically reporting capabilities, throwdown capabilities, and the look and feel - how user-friendly it was. I would say the person from Accufund we spoke to knows what she’s doing and she could answer most questions pretty easily. Some of the other sales reps for other programs didn’t know their product well enough. They just weren’t good at presenting their solutions.
AccuFund was very well presented. The rep was well prepared and professional.
Very flexible and complete encumbrance accounting tool that should meet any government agency or department’s accounting requirements and fit into most every existing process.
The product was able to allow a client to replace their extensive library of “custom” Excel spreadsheets into a sophisticated application with more controls and budgeting capability.
The product implementation and support was outstanding…
Havn’t discovered anything as of date.
The processing of cash receipts and accounts payable automatically feeds into the general ledger. This makes reconciling accounts very easy. It is easy to upload information into these components.
Drill down capabilities on reports.
subsytems, like cash receipts and accounts payable do not allow adjustments. Adjustments need to be done through a journal entry. This makes tracking difficult. For example you cannot change the account an invoice has been posted to, in accounts payable. So the next time you look at that invoice you will not know that the account was changed via a journal entry.
reporting, user friendly
not able to change descriptions after paying the vendor bill
we are currently using the software to help us with the representative payee needs and for that it works perfectly. it does everything that we needed it to.
multiple banks are very important to us and this software makes that process very easy. also important to us is safety and security unlike quicken and quickbooks I can not delete a record without a record this vastly helps with ensuring that your records are safe
the reports leave something to be desired
The reporting capabilities are great, but require a fairly substantial amount of training to use to full potential. The grant tracking is exceptional as long as the proper amount of time is invested upfront getting the Chart of Accounts setup properly. It took a significant amount of time to setup/convert and learn the system, but should pay off in the long run.
It was a difficult transition from the outdated manufacturing software we were using to this fund accounting software.
AccuFund is very flexible. We are an unusual non-profit organization, and we had a very complex chart of accounts. AccuFund has been able to handle that, and we’ve been able to modify almost everything to help streamline things on our end. I strongly recommend that you consider it in your list of options and have someone provide a demo and discuss with you how AF might be able to make life easier for your accounting staff.
The payroll has been such an improvement over our last software. I’ve appreciated that it is very flexible and reasonably intuitive. The A/P allows for bills to be paid by ACH, which was also an upgrade for us. And, like I mentioned, the chart of accounts allowed for great flexibility, which we really needed.
The biggest disappointment with AF is the document storage. Yes, a picture or PDF can be stored in the system, but the viewing of that item is rather painful - zooming, sliding around, etc. Not pretty. I am really hoping they’ll upgrade that in the future because we’ve decided to forgo using it at this point because it was such a pain to use. The only other areas of disappointment were things that ended up being a little less straight-forward/streamlined for us than we would’ve liked, such as donor management (we didn’t purchase the A/R module or the donor mgmt module, so that’s probably our own fault…) and some bugs in payroll.