CommunitySuite Fund Accounting
CommunitySuite Fund Accounting
About CommunitySuite Fund Accounting
CommunitySuite is a cloud-based grant management software, which helps nonprofits and community foundations manage donations and fund disbursement. Features include bank reconciliation, donation history tracking, tax receipt creation, budget planning, cash management, and reporting.
The application includes a fund accounting module, which allows organizations to monitor profits or losses from investments across funds and authorize user permissions for data entry or transaction activities. Donors can use self-service portals to view balances and fund statements, recommend grants, and track account activities in real-time. It also helps foundations create a catalog of non-profit needs, educate the community about social issues, and design online donor pages for urgent requirements.
CommunitySuite facilitates integration with MailChimp, Ajah, Stripe, GuideStar, Foundations Center, ConstantContact, GreatNonprofits, and various other third-party platforms. Foundations can create custom online forms for grant programs, conduct due diligence, review and score the received applications, and synchronize payment, grant, and contact details with the accounting system.
CommunitySuite enables organizers to plan events, prepare invitation lists based on the donor's interests or activities, sell tickets through an online shopping cart, and track registrations. Using the scholarship management module, team members can collect letters of reference, conduct eligibility quizzes to automatically allocate correct scholarships to applicants, and notify candidates via email.
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Reviews
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- Industry: Nonprofit Organization Management
- Company size: 2–10 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
A unified system that delights both internal and external users
Reviewed on 17/04/2019
Overall, a great experience. The team at Foundant is very responsive and the software is easy to...
Overall, a great experience. The team at Foundant is very responsive and the software is easy to use.
Pros
Unified solution, clean & simple interface, the dev team is very open to suggestions and using IdeaLab, users can submit and vote on desired features/functionality. Tech support and service is phenomenal. Going from a non-unified system to a unified system has been like night and day. Being able to offer our Fund Advisors an online portal where they have 24x7 access in a clean site has been a long-awaited feature for us.
Cons
That we didn't have it implemented sooner. It has saved so much staff time.
Response from Foundant Technologies
Thank you for your review! This will be greatly beneficial to others who are exploring community foundation solutions .
- Industry: Nonprofit Organization Management
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Real Time Money Management for Nonprofits
Reviewed on 18/10/2023
I love that it integrates so well with the GLM and the SLM (Grant and Scholarship Management...
I love that it integrates so well with the GLM and the SLM (Grant and Scholarship Management platforms) and that our accountant can send us the data reports we need instantaneously.
Pros
I love all the data you can accumulate and process in Csuite. The reports are easy to create, they look nice and they are accurate. You can rely on them for new donors, investors and auditors.
Cons
That they use Stripe as a processor. It is hard to get reports out of and takes a larger fee than our other processor.
Response from Foundant Technologies
Thank you for the review Laura! We are happy to hear that you are benefiting from CSuite's reporting features!
- Industry: Nonprofit Organization Management
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
It's a frustrating system that is missing so much compared to other options.
Reviewed on 10/07/2018
Pros
It is cloud-based. Unlimited Users. The accounting system seems to work, though I am not an accountant so who knows.
Cons
Donation pages are not customizable or user-friendly. There is no way to track the source of donations (even though the description says donation tracking). If you want to track ROI on your website, ads or communications, you can't.
There's no integration with ANY other software(other than Stripe). They do not verify users by email address, so you constantly have to be on top of duplicate accounts from donations. The ticketing system is barebones and difficult to set up.
There's no custom reporting.
- Industry: Nonprofit Organization Management
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Great for Community Foundations
Reviewed on 04/10/2023
We have been very happy with our CommunitySuite Fund Accounting purchase. It has facilitated more...
We have been very happy with our CommunitySuite Fund Accounting purchase. It has facilitated more donor and fundholder engagement. It has also allowed us to move in the direction of a less paper office environment.
Pros
The fund accounting features make it easy to track transactions, allocate investment income, and administer fees by fund. CommunitySuite Fund Accounting has the ability to create multiple allocation, fee, and cash management structures to meet the unique parameters of each fund.
Cons
Features are constantly being improved based on user-feedback. These upgrades are often helpful in allowing more flexibility and efficiency in our processes. Sometimes the releases are not relevant to our foundation, and that's ok. Occasionally, releases cause more work - either learning a new process, or on rare occasions, feel like a step backwards in product development.
Alternatives Considered
Blackbaud Financial Edge NXTReasons for Choosing CommunitySuite Fund Accounting
We were looking for a system that allowed more user access, donor and fundholder portals, and more intergrated donor managment.Reasons for Switching to CommunitySuite Fund Accounting
We were impressed by the features of the software and the responsiveness of the Foundant team.Response from Foundant Technologies
Thank you for the review Erin! We are happy to hear that you are satisfied with CommunitySuite!
- Industry: Nonprofit Organization Management
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Almost 100% spot on
Reviewed on 04/10/2023
Pros
SO much functionality in profiles and profile maintenance make it a dream for creating donor and other profile lists, and linking people, organizations, and funds together. Fund profile also has such incredible detail and linking.The ability to drill down on figures is also wonderful.
Cons
The only thing I miss from FIMS was the Columnar Fund Balance report. Seems like the auditors like that, and it's very difficult to reproduce in CSuite.
Reasons for Choosing CommunitySuite Fund Accounting
Blackbaud was discontinuing FIMS. Since we were hosting it locally, we could continue to use it, but it was time to consider another product.Reasons for Switching to CommunitySuite Fund Accounting
Easy transition; good value; great training and support.Response from Foundant Technologies
Thank you for the review Eliese! We are happy to hear that you are satisfied with CommunitySuite!
CommunitySuite Fund Accounting FAQs
Below are some frequently asked questions for CommunitySuite Fund Accounting.Q. What type of pricing plans does CommunitySuite Fund Accounting offer?
CommunitySuite Fund Accounting offers the following pricing plans:
- Starting from: USD 10,000.00/year
- Pricing model: Subscription
- Free Trial: Not Available
Contact Foundant Technologies for pricing details
Q. Who are the typical users of CommunitySuite Fund Accounting?
CommunitySuite Fund Accounting has the following typical customers:
Self Employed, 2–10, 11–50, 51–200, 201–500
Q. What languages does CommunitySuite Fund Accounting support?
CommunitySuite Fund Accounting supports the following languages:
English
Q. Does CommunitySuite Fund Accounting support mobile devices?
CommunitySuite Fund Accounting supports the following devices:
Q. What other apps does CommunitySuite Fund Accounting integrate with?
CommunitySuite Fund Accounting integrates with the following applications:
Constant Contact, Mailchimp, Stripe
Q. What level of support does CommunitySuite Fund Accounting offer?
CommunitySuite Fund Accounting offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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