FUND-EZ v. 10 Offers Array of Enhancements

From the Jan. 2009 Review of Not-for-Profit Accounting Programs

[Ed. Note: This product brief appeared along with the review section.]

Now in its 17th year, the scalable FUND E-Z accounting system is designed for mid-sized and larger nonprofit entities, providing functions geared to their unique needs. The system features departmentalized account-ing capabilities, tracks funding sources, includes donor management tools, and has customizable reporting options that enable nonprofits to accurately and responsibly manage their finances. Core components of the system include GL, AR, AP, Client Billing, Purchase Orders, Fund Raising, Allocations, Utilities and Security. Optional modules are available for HIPPA-compliant billing and enhanced reporting capabilities.

FUND E-Z’s primary interface offers text-based pull-down selection lists for accessing the program’s primary function areas, including GL, AP, AR, purchase orders, billing, allocations, fund raising, month-end tasks and utilities. Each of these options opens to display additional menu items for specific tasks, such as accessing vendor information, invoices and reporting related to that area. The screen also offers a user-customizable vertical menu on the right side of the screen that gives quick access to areas a user needs most often, such as reconciliation, disbursements, cost centers, donors, invoices, pledges and trial balance, among others. In general, navigation within the system is very intuitive, with various Help and other assistance tools providing guidance.

In version 10 (which was released a little too late to be fully reviewed in this section), the vendor has announced a broad range of new features and system enhancements. The most notable among these is that the new version was rewritten “from the ground up” as a client/server system based on MS SQL Server Express and is .NET 2.0+ compatible, all of which combine to provide improved speed, reliability and data integrity, while also adding greater scalability.

FUND E-Z also sports new menus, described above, which give one-click and customization options for accessing the most commonly used functions. Additionally, the new Tabbed Activity Region centralizes open data screens for easy access and eliminates the need to close one screen before opening another, while an easy-close feature collapses multiple tabs with one click. Other enhancements include improved export capabilities, the ability to memorize common transactions, and a new Batch Entry mode that allows for complete review of transaction batches prior to posting.

In the Pro version of FUND E-Z, improved custom reporting options include more user-defined content, additional filtering tools, control over fonts, orientation and headers/footers, and enhanced security options. Pricing for FUND E-Z starts at $695 for a one-user system; $2,190 for a five-user license. The add-on DAC reporting module is $695. The system offers excellent fundraising and fund accounting capabilities, and the enhancements in Version 10 provide even greater functionality and customization options.