What users are saying about

Abacus

10 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings

Abacus

10 Ratings
Score 6.7 out of 101

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

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Likelihood to Recommend

Abacus

Abacus has been great for our small startup of 37 employees, it has grown with our team since we were very small. Since we have not experienced it as a bigger company, I am not sure what the scalability would be like. If you're looking for a site with a cleaner look that is easy to use, Abacus is it. I haven't had to reach out to customer service yet because I haven't had any issues. If that isn't proof positive of how easy it is to use, I don't know what is!
Jennifer Paxton profile photo

Abila MIP Fund Accounting

Because I work in the FQHC world, I would recommend this product specifically for any business or end user within that field. This product allows people in this field to comply with federal reporting requirements, makes it easier to track grants, and allows for the slicing and dicing of financial statements in many ways which is important in this field. This product is good for most day to day accounting functions and is pretty robust as well for an FQHC. This product is probably less appropriate for large healthcare systems where you want to keep track of statistics which this product cannot currently do.
Erich Koch profile photo

Feature Rating Comparison

Payroll Management

Abacus
Abila MIP Fund Accounting
8.0
Pay calculation
Abacus
Abila MIP Fund Accounting
8.6
Benefit plan administration
Abacus
Abila MIP Fund Accounting
8.1
Direct deposit files
Abacus
Abila MIP Fund Accounting
8.7
Salary revision and increment management
Abacus
Abila MIP Fund Accounting
7.3
Reimbursement management
Abacus
Abila MIP Fund Accounting
7.3

Customization

Abacus
Abila MIP Fund Accounting
7.4
API for custom integration
Abacus
Abila MIP Fund Accounting
7.4
Plug-ins
Abacus
Abila MIP Fund Accounting
7.3

Security

Abacus
Abila MIP Fund Accounting
8.4
Single sign-on capability
Abacus
Abila MIP Fund Accounting
8.3
Role-based user permissions
Abacus
Abila MIP Fund Accounting
8.4

Reporting & Analytics

Abacus
Abila MIP Fund Accounting
7.4
Dashboards
Abacus
Abila MIP Fund Accounting
6.5
Standard reports
Abacus
Abila MIP Fund Accounting
7.8
Custom reports
Abacus
Abila MIP Fund Accounting
7.9

General Ledger and Configurable Accounting

Abacus
Abila MIP Fund Accounting
7.5
Accounts payable
Abacus
Abila MIP Fund Accounting
8.5
Accounts receivable
Abacus
Abila MIP Fund Accounting
8.1
Cash management
Abacus
Abila MIP Fund Accounting
8.0
Bank reconciliation
Abacus
Abila MIP Fund Accounting
8.4
Expense management
Abacus
Abila MIP Fund Accounting
8.0
Time tracking
Abacus
Abila MIP Fund Accounting
7.1
Fixed asset management
Abacus
Abila MIP Fund Accounting
7.6
Multi-currency support
Abacus
Abila MIP Fund Accounting
6.2
Multi-division support
Abacus
Abila MIP Fund Accounting
8.1
Regulations compliance
Abacus
Abila MIP Fund Accounting
7.9
Electronic tax filing
Abacus
Abila MIP Fund Accounting
7.6
Self-service portal
Abacus
Abila MIP Fund Accounting
5.6
Standardized Processes
Abacus
Abila MIP Fund Accounting
6.6

Inventory Management

Abacus
Abila MIP Fund Accounting
4.2
Inventory tracking
Abacus
Abila MIP Fund Accounting
7.3
Automatic reordering
Abacus
Abila MIP Fund Accounting
1.0
Location management
Abacus
Abila MIP Fund Accounting
7.7
Manufacturing module
Abacus
Abila MIP Fund Accounting
1.0

Order Management

Abacus
Abila MIP Fund Accounting
4.7
Pricing
Abacus
Abila MIP Fund Accounting
6.7
Order entry
Abacus
Abila MIP Fund Accounting
6.8
Credit card processing
Abacus
Abila MIP Fund Accounting
2.5
Cost of goods sold
Abacus
Abila MIP Fund Accounting
2.7

Accounting Firm BPO Features

Abacus
Abila MIP Fund Accounting
7.0
Client data roll-up capabilities
Abacus
Abila MIP Fund Accounting
7.8
Configurable alerts
Abacus
Abila MIP Fund Accounting
7.1
Billing bypass
Abacus
Abila MIP Fund Accounting
6.5
Client template cloning
Abacus
Abila MIP Fund Accounting
7.6
Single sign-on
Abacus
Abila MIP Fund Accounting
4.5
Industry-specific versioning
Abacus
Abila MIP Fund Accounting
8.3
Legacy system data migration
Abacus
Abila MIP Fund Accounting
7.0

Pros

  • It is very easy for employees to upload their expense receipts to abacus.
  • Abacus has an easy UI.
  • We haven't had any issues with their customer service team not responding when asked.
Jennifer Paxton profile photo
  • Departmental financial reporting
  • Historical reporting
  • Cross fiscal year reporting
  • Transaction detail
Robert Bowsza profile photo

Cons

  • When you upload a receipt to abacus it would be great to port in the information from the receipt to the text fields.
  • It would be good to have a more automated way for Abacus to integrate in with other payroll systems.
  • It would be nice to have more levels of permissions, e.g. manager level, administer level and employee level.
Jennifer Paxton profile photo
  • Understanding the permissions assigned to employees got confusing at times.
Brandon Adawi profile photo

Likelihood to Renew

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.8
Based on 35 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo

Usability

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.6
Based on 33 answers
If you are not an accountant, it would be very difficult to use. As an accountant there are aspects that are so specific that if you do not understand how they work and hand off to other parts of the software, you can really mess up your reporting.
Christine Frenzel profile photo

Reliability and Availability

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.9
Based on 6 answers
It is mostly available when it is needed, however there have been power and internet outages that have limited the availability of programs.
Cindy Chapple profile photo

Performance

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting9.9
Based on 6 answers
We have had problems with MIP's ability to integrate with other software or systems. Just makes for a longer shopping time when searching for products we need to integrate with MIP
Frances LeClair profile photo

Support

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.4
Based on 30 answers
Our reseller and the MIP technical support team has been very reactive when questions or problems have arisen. The reseller has been especially helpful in figuring what to do about entry problems.
Nikki Patterson profile photo

In-Person Training

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.0
Based on 6 answers
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
Christine Frenzel profile photo

Online Training

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting9.9
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo

Implementation

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting6.9
Based on 19 answers
I would not implement without the help of a reseller.
Nikki Patterson profile photo

Alternatives Considered

I used expensify in my last role, however it was at a bigger company so I was not involved in the process besides being a user. Abacus seems easier to use from a user perspective. It would be great to have a better integration with our payroll system, but it seems like with all softwares, you can't have it all
Jennifer Paxton profile photo
Abila offers an unmatched level of customization and flexibility for the price. Great integration with their modules as they are in house developed so things aren't tacked on from third parties. Some of the other competitors have to go outside their company to give you what Abila already has built in. Abila is a solid software suite that just works.
Wesley Bond profile photo

Scalability

No score
No answers yet
No answers on this topic
Abila MIP Fund Accounting8.9
Based on 6 answers
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
Frances LeClair profile photo

Return on Investment

  • It does seem like they are still working out some kinks in the web and mobile apps – a few times the app has crashed. But they're also very fast to push updates.
  • The benefits are simple. No one likes taking time out of their day to do expense reporting. Abacus speeds that process up considerably. The interface is clean, and I'm able to see what expenses are pending vs. expenses that are already cleared.
  • The benefit from a user standpoint is that it adds an element of organization to a process that is typically disorganized. It has saved us numerous hours.
Jennifer Paxton profile photo
  • A lot of time saving on processes. With the addition of the import feature it has cut our data entry in half.
Luis Godoy profile photo

Pricing Details

Abacus

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
Abacus Editions & Modules
Abacus
Edition
Abacus
$51
1. Per User per Month
Additional Pricing Details

Abila MIP Fund Accounting

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Abila MIP Fund Accounting Editions & Modules
Abila MIP Fund Accounting
Additional Pricing Details