Ellucian Banner Finance vs Fund EZ
Ellucian Banner Finance
ellucian.com
Fund EZ
fundez.comSide by side
| Figure | Ellucian Banner Finance | Fund EZ |
|---|---|---|
| Price from | £27,916.67/mo | $41.25/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | — |
| Windows | — | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Self-hosted | — | Yes |
| Plans published | 2 | 5 |
| Spec score · Accounting software | 8.7 (#7) | 8.5 (#14) |
| Spec score · Fund Accounting Software | 8.6 (#11) | 8.7 (#9) |
| Company legal name | Ellucian’s legal entity is identified as Ellucian Company LLC on its corporate site. | The maker identifies the company as Fund EZ Development Corporation. |
| Company size | LinkedIn lists Ellucian as privately held with 1,001–5,000 employees. | LinkedIn lists Fund EZ as a privately held company with 11–50 employees. |
| General ledger | The finance module includes general-ledger processing. | The general ledger uses a multi-dimensional accounting structure so organizations can report across funds, programs, grants, departments, and other dimensions. |
| Headquarters | The company lists Reston, Virginia as its corporate headquarters. | White Plains, New York, United States |
| Integrations | Listed integrations include Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, CRM Advance and Banner Document Management. | Bank activity can be connected through Plaid, and emailed invoices can include Stripe payment links. |
| Purpose | Banner Finance provides higher education institutions with real-time access to financial data, from procurement and accounts payable to sponsored research and endowment management. | Fund EZ is nonprofit accounting software for managing grants, restricted funds, budgets, allocations and financial reporting. |
| Rating on Capterra | 3.7 out of 5 from 39 reviews | 4.4 out of 5 from 25 reviews |
| Rating on TrustRadius | 5.5 out of 10 from 66 reviews and ratings | 7.6 out of 10 from 5 reviews |
| Security compliance | Ellucian says its cloud services are ISO 27001:2022 certified and that customer-accessible audit reports include SOC 1, SOC 2 Type II, and SOC 3; SaaS security responsibilities are shared with customers. | The site describes its Medicaid billing add-on as a HIPAA system. |
Plans
Ellucian Banner Finance
- Banner SaaS Platform£335,000 a year
- Ellucian Banner FinancePriced on request
Fund EZ
- Fund EZ Nonprofit Accounting Software - Cloud Based$140 a month
- Online Training$295, paid once
- Maintenance$495 a year
- Fund EZ Nonprofit Accounting Software - Server Based$2,495, paid once
- Fund EZ (custom quote)Priced on request
In their own words
Ellucian Banner Finance
Ellucian Banner Finance is a cloud financial management system for higher education institutions. It covers procurement, general ledger, finance operations, accounts payable, fixed assets, internal stores, journal entries, budget development, sponsored research accounting, endowment management, and accounts receivable. The Research and Grants module supports grant work from initial proposal through project close, consolidates grant information, produces federal reports including the Federal Financial Report, and provides a grants ledger that can operate beyond fiscal year end. Staff can use My Finance Query for spend analysis dashboards, saved queries, and query sharing; My Requisitions to create and track requisitions; and My Journals to manage journal vouchers. Secure mobile access provides financial information and personalized self-service views, alongside web access. Listed integrations include Ellucian Spend Management powered by Chrome River, Ellucian Analytics, Ellucian Workflow, Ellucian CRM Advance, and Banner Document Management. The product also provides higher education financial statement reports for GASB and FASB. Pricing is on request; the product sheet does not list a free plan or trial.
Fund EZ
Fund EZ is accounting software for nonprofits managing grants, restricted funds, budgets, allocations and financial reporting. Its accounting tools include a general ledger, bank reconciliation, budgeting, dashboards, accounts payable and receivable, and client billing. Reports can be organized by fund, program, grant, department or funder; users can open transactions behind reports and export results to Excel. The optional Fund EZ Pro add-on includes a user-definable chart of accounts, custom reporting, batch entry, purchasing and indirect allocations. Bank activity can connect through Plaid, while emailed invoices can include Stripe payment links. Fund EZ Fundraising is available on its own or alongside Fund EZ Accounting to organize donors, gifts and pledges. The Hosted option provides managed cloud access, backups, upgrades and access from anywhere. Permissions govern access to accounting actions, and audit trails record changes. The software runs on Windows; Version 14 requirements specify Windows 10 or 11 and .NET 4.6 or later. Pricing is by custom quote, and software support is an extra cost required for the life of the product.