Elevate your Foundation management: why Foundant is still the best choice

From time to time, we get word from a partner, client, or team member that some information has been shared about Foundant’s software and services that isn’t completely accurate.  

It’s an easy tactic to claim we are getting too big. But our sustained growth over the last 15+ years allows us to outshine our competition in customer service.  

 

The right core system for your organization 

Selecting the right community management software is pivotal for your organizational success. Particularly for organizations in the social good sector, the choice of software can profoundly impact operational efficiency and community engagement.  

Key features to look for in Foundation management software 

Integrated fund accounting and CRM: Essential for seamlessly managing finances and maintaining strong stakeholder relationships. 

  • Portal: recently updated, CommunitySuite’s Portal allows you to customize a seamless experience for a wide range of users – from donors to fund managers to grantees. Make engaging with your organization easier. 
  • Grant and scholarship management: Streamlines the application, review, and award processes – including post-award management and communication. 
  • Donor management: Keeps track of donor interactions, preferences, and history to enhance fundraising strategies. 
  • Event management: Facilitates the planning, promotion, and execution of events. 
  • Online giving: Simplifies the process for online donations, a crucial component of modern fundraising. 
  • Customer service: Offers robust support to ensure users maximize the software’s potential. 

Solution features in detail 

CommunitySuite delivers purpose-built foundation management software that addresses the unique needs of philanthropic organizations, while AkoyaGO relies on a generic business accounting platform that requires extensive customization and integration. 

Fund Accounting

CommunitySuiteAkoyaGo
Purpose-built fund accounting designed for community foundations Generic business accounting using Microsoft Business Central – not designed for community foundation fund accounting 
Multiple native admin fees and revenue share capabilities Requires customization for complex fee structures 
Transparent balance swap details with full visibility Automated balance swaps with no transparency – “black box” approach 
Configurable fund statements with flexible formatting options Limited statement customization without additional development 

With financial and CRM functionality in one system, your teams will be more efficient and your organization will be positioned to develop even stronger donor and community relationships. 

CRM

CommunitySuiteAkoyaGo
Comprehensive profile pages with a complete constituent viewProfile information spread thin across the system 
Profile designations and categorization for targeted outreach Limited profile designation capabilities 
Quick donation history view showing giving patterns over timeFragmented giving history requires navigation between systems 
Communication tracking within unified system Communication history may not sync between CRM and accounting
Advanced search and filtering across all profile data Limited search functionality in system

System Architecture and Integration 

CommunitySuiteAkoyaGo
Unified single platform Two separate systems (CRM and accounting) and sometimes the sync can break 
No additional software costs – complete solution included Additional Microsoft Suite expenses required 
Native integrations for all community foundation activities Requires third-party integrations for donations and accounting 

Support and Partnership Approach 

CommunitySuiteAkoyaGo
Extended support hours for critical foundation needs. 7:00am-6:00pm Monday-Friday Limited support hours: 7:30am-5:00pm, Monday-Friday only 
Dedicated support team approach with comprehensive coverage (Average resolution time of less than 3 hours) Spread-thin support, some clients have had to wait up to 3 weeks for a response from support 
Larger engineering team dedicated to clients’ needs Smaller development resources spread across various business needs 
Idea Lab – commitment to continuous improvement based on client feedback Custom development focus – limited input from clients on feature development 
Community-driven development with input from foundations Development driven by Microsoft Business Central roadmap, not community foundation needs 

As discussed earlier, Foundant consistently excels at client support. Whether via phone, chat, or email, our team thrives on helping clients make a difference in their communities. We offer a detailed knowledge base kept up to date by our dedicated product education team in tandem with our frequent product releases. 

Many of our team members – across all areas, but particularly in support – started at Foundant after having worked as foundation staff – grants managers, fund accountants, program officers, and more come to Foundant looking for the next step in their careers and a way to use their knowledge and expertise to help their peers in the industry. 

Keys to choosing the right software for you 

At the end of the day only you can decide what the right choice is for your organization based on the benefits, cost, key features, and company support. 

Here are a few last things to keep in mind as you continue your search: 

  • Assess your organization’s needs. Involve your team to identify current pain points and define goals.
  • Consider your budget and clarify hidden fees or costs associated with getting the support you need to be successful.
  • Understand ease of use, implementation timeline, and training requirements
  • Evaluate customer support by talking to current clients a vendor has “taken away” from the other vendor(s) being evaluated.
  • And, most importantly, talk to other users of the systems being evaluated, including ones the vendors do NOT provide as references. 

Thank you for taking the time to learn more about what Foundation management means for Foundant. More importantly, thank you for all you do to make all our communities a better place. 

We welcome your questions and look forward to partnering with you to elevate your foundation management and expand your community engagement.