NPact
Fund Investment Tool Comparison for Nonprofits
Pages
4
Time to read
3 mins
Publication
Language
English
Pages
4
Time to read
3 mins
Publication
Language
English
This document is a guide that compares two solutions for nonprofit investment accounting: NPact's Fund Investment Tool (FIT) and Fundriver. It outlines the challenges nonprofit finance teams face in managing endowments, donor-advised funds, and pooled investments, emphasizing the need for an integrated solution. The guide details the features of both platforms, noting that while Fundriver is a standalone solution, FIT offers advanced integration capabilities with existing accounting systems. A feature-by-feature comparison highlights the strengths of FIT, such as automated rebalancing, advanced income allocation, and a modern user experience. The document also describes the benefits of using FIT, including improved accuracy, efficiency, and enhanced security. It concludes by stating that NPact FIT is a suitable choice for nonprofits seeking a more integrated approach to investment accounting, particularly in complex fund structures.