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LegFi Review

LegFi
Our score: 8.1 User satisfaction: N/A

What is LegFi?

LegFi is a financial management solution designed for professional groups, fraternities, sororities,  and other associations. The software functions as a dues management system; streamlining the invoicing, collecting of payments, tracking of expenses, and keeping of financial records. Furthermore, it helps groups and associations build their budget easily.

Described as a  very user friendly financial management software, LegFi is also used by other groups, such as homeowners associations and sports leagues, to manage their fundraising activities and processing of donations. The software features also an event management capability. It offers communication tools that allow group members to answer surveys and send feedback. Officers and staff of groups can also  communicate with their members through sending of mass texts and emails.

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Overview of LegFi Benefits

Considered as one of the powerful tools offered by LegFi, the dues management functionality of this financial and billing software automates the collection of dues. This enables organizations to receive credit card and e-check payments from their members online. The sending of invoices, which can either be in the form of paper or electronic, is also simplified through this feature.

A noticeable component of LegFi’s dues management system is its capability to send automatic payment reminders to the members of a group. These automatic reminders are sent by the software through US mail or email.

This functionality is very helpful because it notifies members when their payments are due. When payments are sent past due, automatic reminders are also sent. Users, furthermore, can make phone calls to delinquent members to notify them about their past due payments; or they can send them to a third party collection agency.

Another feature of LegFi is its budget management capability. With this feature, users will be able to prepare and build the annual budget for their group in  a quick and simplified manner. This functionality allows users to link their bank accounts to LegFi, enabling them to pull up their expenses directly and automatically from these bank accounts.

Through the budget management feature of LegFi, users will also be able to check their actual revenue and expenses against their estimates. Comparison of profit and loss can be done using this functionality, as well as, viewing the aging of accounts.

Meanwhile, The communication tools in LegFi allow groups to promote an interactive communication between their members and officers/leaders. Members will be able to send feedback and answer surveys, and they can be viewed by the group leaders in real- time.

This functionality can also be extended to the communities the group are reaching out. The surveys that they can create using the software contain multiple answer options; hence, they will be able to collect detailed and accurate feedback.

Users will also be able to send mass emails and texts, and they have the option to  send them either to all of their members or to a selected few. These emails and texts are sent automatically at a push of a button.

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Overview of LegFi Features

  • Dues Management
  • Automatic Payment Reminders
  • Budget Management
  • Linking Of Bank Accounts
  • Profit vs Loss
  • Actual Revenue/Expenses vs Estimates
  • Mass Emails and Texts
  • Surveys and Feedback
  • Polls
  • Donations Managment
  • E-Filing Of 990N or 990EZ
  • Sharing Tools
  • Events Management
  • Membership Management

LegFi Position In Our Categories

Because companies have unique business requirements, it is only practical that they abstain from paying for an all-in-one, “perfect” software system. Regardless, it would be hard to chance on such a software product even among recognizable software systems. The best thing to do would be to shortlist the varied important functions which require deliberation including essential features, price plans, skill capability of staff, business size, etc. Next, you must do the research through and through. Have a look at some of these LegFi analyses and scrutinize the other software options in your list in detail. Such well-rounded research guarantee you take out unsuitable software products and buy the one that includes all the function your company requires for success.

Position of LegFi in our main categories:

TOP 200

LegFi is one of the top 200 Accounting Software products

Since each enterprise has specific business needs, it is sensible for them to abstain from searching for a one-size-fits-all ideal software application. Needless to say, it would be futile to try to find such an app even among market-leading software applications. The intelligent thing to do would be to catalog the various essential factors that need consideration such as key features, finances, skill levels of workers, company size etc. Then, you should do your homework thoroughly. Read some LegFi Accounting Software reviews and check out each of the other apps in your shortlist in detail. Such in-depth homework can make sure you weed out ill-fitting applications and select the system that offers all the elements you require for business success.

How Much Does LegFi Cost?

LegFi Pricing Plans:

Free Trial

LegFi Digital

$2 Per Member/Month

LegFi Digital Plus Paper

$3 Per Member/Month

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What are LegFi pricing details?

LegFi Pricing Plans:

Free Trial

LegFi Digital

$2 Per Member/Month

LegFi Digital Plus Paper

$3 Per Member/Month

LegFi offers two enterprise pricing plans for users to choose from. Give the details a look, and select the best plan for your company:

LegFi Digital

  • $2 Per Member, Per Month
  • 2.5% processing fee for credit card transactions
  • $1.49 processing fee for eChecks
  • Collect Dues & Send Invoices
  • Accept Donations & Raise Money
  • Create Events & Sell Tickets
  • Blast Texts & Emails
  • Build Budgets & Track Expenses
  • File Your 990N & 990EZ

LegFi Digital Plus Paper

  • $3 Per Member, Per Month
  • 2.5% processing fee for credit card transactions
  • Free eChecks processing
  • Collect Dues & Send Invoices
  • Monthly paper statements sent via US Mail
  • Accept Donations & Raise Money
  • Create Events & Sell Tickets
  • Blast Texts & Emails
  • Build Budgets & Track Expenses
  • File Your 990N & 990EZ

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We know that when you decide to buy a Accounting Software it’s vital not only to learn how professionals rank it in their reviews, but also to discover if the actual users and enterprises that use these solutions are actually content with the service. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and LegFi reviews across a broad array of social media sites. The data is then presented in a simple to digest way showing how many customers had positive and negative experience with LegFi. With that information at hand you will be ready to make an informed purchasing choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Linux
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Monthly payment

Customer Types

  • Small Business
  • Medium Business
  • Freelancers

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for LegFi?

No available information.

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Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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