FASTER Overview
What is FASTER?
FASTER is a dedicated fiduciary accounting system developed by FASTER Systems, specifically engineered for the accurate and efficient reporting requirements of trusts and estates. It provides a structured framework for recording all financial transactions—income, expenses, distributions, and asset changes—associated with a decedent's estate or a trust. The system is built to generate the detailed, court-ready accountings and reports that executors and trustees are legally obligated to provide to beneficiaries and probate courts, ensuring compliance with fiduciary accounting standards.
Who it's for:
This software is an essential tool for law firms specializing in estate planning and probate, trust officers, corporate fiduciaries, and individual executors or trustees who are responsible for preparing formal accountings for trusts and estates. It is designed for those who need a systematic way to produce accurate fiduciary reports.
Our verdict:
Our verdict is that FASTER is a focused and purpose-built tool for a critical legal and accounting task. For professionals who regularly prepare formal trust and estate accountings, specialized software like this can drastically improve accuracy, consistency, and efficiency, making it a valuable professional asset.
FASTER Details
FASTER Platforms supported
Desktop Windows
Cloud, SaaS, Web-Based
Desktop Chromebook
Desktop Linux
Desktop Mac
Mobile Android
Mobile iPad
Mobile iPhone
On-Premise Linux
On-Premise Windows
FASTER Support options
FASTER Training options
FASTER Related Categories
FASTER Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
FASTER Features
Most valued FASTER features by users
Accounting
Accrual Accounting
Asset Accounting
Bank Reconciliation
Billing & Invoicing
Case Management
Check Writing
Compliance Management
Contact Management
Cross Ledger Posting
Customer Statements
Data Import/Export
Document Management
Electronic Payments
Fee Calculation & Posting
General Ledger
Invoice Management
Receipt Management
Task Management
Tax Management
Top FASTER Alternatives & Competitors
LeanLaw is a modern legal billing and practice management software designed specifically for small to mid-sized law firms. It reimagines the billing workflow by offering flexible timekeeping that is directly and seamless... Read More
LEAP is a fully cloud-based legal practice management software that enables law firms to operate efficiently from anywhere. It combines core firm functions?such as matter management, document assembly, time recording, ... Read More
Tabs3 Software is a reliable, easy-to-use, and seamlessly integrated suite of practice management and financial products for legal professionals. The core components include Tabs3 Billing for timekeeping and invoicing, P... Read More
Clio is the widely recognized leader in cloud-based legal case management software, consistently ranked #1 with an unparalleled number of 5-star reviews. It provides a secure, centralized platform that allows law firms t... Read More
CosmoLex, from Tabs3 Software, is a unique, all-in-one cloud-based practice management and legal accounting platform. Its standout feature is built-in, legally compliant accounting that eliminates the need for separate p... Read More
Zola Suite is a single, unified cloud-based platform that delivers best-in-class matter management alongside robust billing, accounting, and reporting. Its core innovation is seamlessly connecting a law firm's front offi... Read More
Rocket Matter is a trusted, intuitive cloud-based legal practice management software focused on driving law firm productivity and profitability. With over 12 years of service to thousands of attorneys, it has built a rep... Read More
Xero is a powerful and intuitive cloud-based accounting platform renowned for its strong double-entry accounting foundation and excellent cash flow management tools. It provides a real-time view of financials, making it ... Read More
Soluno, by Devlos Software, is a cloud-based accounting and billing platform designed specifically for the financial management needs of law firms. It offers a full, easy-to-use suite of features including time and expen... Read More
Zoho Books is an online accounting software that enables businesses to manage the flow of money in and out effectively. It features tools for handling customers and invoices, controlling expenses, recording and reconcili... Read More