What users are saying about
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Top Rated
614 Ratings
17 Ratings

Abila MIP Fund Accounting

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Top Rated
614 Ratings
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Score 8.1 out of 101
17 Ratings
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Score 9.4 out of 101

Likelihood to Recommend

Abila MIP Fund Accounting

With Abila MIP's versatility I think it would be well suited for any industry, but especially for any industry where you wanted to be very specific on tracking or cost accounting. The ability to segment your accounts allows you to track by just about any method you would like to be successful.
Eric Harvey profile photo

AvidXchange

AvidXchange is well suited for companies with multiple locations where approvals may be hard to get directly. A user can log on when they have time basically from anywhere to review, code and approve invoices. This would allow for processing of invoices centrally more efficiently then with appear invoices being moved from one place to another to be processed
Brian Murphy profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.5
AvidXchange
Pay calculation
Abila MIP Fund Accounting
8.8
AvidXchange
Benefit plan administration
Abila MIP Fund Accounting
6.9
AvidXchange
Direct deposit files
Abila MIP Fund Accounting
8.6
AvidXchange
Salary revision and increment management
Abila MIP Fund Accounting
7.0
AvidXchange
Reimbursement management
Abila MIP Fund Accounting
6.5
AvidXchange

Customization

Abila MIP Fund Accounting
8.3
AvidXchange
API for custom integration
Abila MIP Fund Accounting
8.1
AvidXchange
Plug-ins
Abila MIP Fund Accounting
8.4
AvidXchange

Security

Abila MIP Fund Accounting
8.6
AvidXchange
Single sign-on capability
Abila MIP Fund Accounting
8.6
AvidXchange
Role-based user permissions
Abila MIP Fund Accounting
8.7
AvidXchange

Reporting & Analytics

Abila MIP Fund Accounting
7.6
AvidXchange
Dashboards
Abila MIP Fund Accounting
6.9
AvidXchange
Standard reports
Abila MIP Fund Accounting
7.9
AvidXchange
Custom reports
Abila MIP Fund Accounting
7.9
AvidXchange

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.9
AvidXchange
Accounts payable
Abila MIP Fund Accounting
8.5
AvidXchange
Accounts receivable
Abila MIP Fund Accounting
8.2
AvidXchange
Cash management
Abila MIP Fund Accounting
8.1
AvidXchange
Bank reconciliation
Abila MIP Fund Accounting
8.5
AvidXchange
Expense management
Abila MIP Fund Accounting
8.3
AvidXchange
Time tracking
Abila MIP Fund Accounting
6.9
AvidXchange
Fixed asset management
Abila MIP Fund Accounting
7.7
AvidXchange
Multi-currency support
Abila MIP Fund Accounting
7.4
AvidXchange
Multi-division support
Abila MIP Fund Accounting
8.5
AvidXchange
Regulations compliance
Abila MIP Fund Accounting
8.2
AvidXchange
Electronic tax filing
Abila MIP Fund Accounting
7.8
AvidXchange
Self-service portal
Abila MIP Fund Accounting
6.9
AvidXchange
Standardized Processes
Abila MIP Fund Accounting
7.2
AvidXchange

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
AvidXchange
Pricing
Abila MIP Fund Accounting
6.6
AvidXchange
Order entry
Abila MIP Fund Accounting
7.2
AvidXchange
Credit card processing
Abila MIP Fund Accounting
2.5
AvidXchange
Cost of goods sold
Abila MIP Fund Accounting
2.7
AvidXchange

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
AvidXchange
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
AvidXchange
Configurable alerts
Abila MIP Fund Accounting
7.8
AvidXchange
Billing bypass
Abila MIP Fund Accounting
7.2
AvidXchange
Client template cloning
Abila MIP Fund Accounting
7.0
AvidXchange
Single sign-on
Abila MIP Fund Accounting
4.5
AvidXchange
Industry-specific versioning
Abila MIP Fund Accounting
7.9
AvidXchange
Legacy system data migration
Abila MIP Fund Accounting
7.5
AvidXchange

Pros

Abila MIP Fund Accounting

  • Abila reporting allows for many levels of detail, from including funding, gl, taxonomy, location, or just looking at location, or by gl, or by taxonomy. It allows you to look at reports from many perspectives. Its a strength for management to have usable information.
  • I like the way you can change the dates specific types of entries are allowed. Its a strength as you are closing grants and years so that you know something you reconciled will not suddenly change. You can go back and make it available again if needed.
  • I really like the Session Manager feature. To be able to completely reverse a session is so quick and easy. But there is still the audit trail. Has saved an enormous amount of data entry when trying to correct a misposting.
LaShawna Simonsen profile photo

AvidXchange

  • Our contractors and vendors can submit invoices electronically through AvidBill, removing the tedious task of sorting and coding mail. This feature saves on time and administrative duties.
  • Communication is key, and being able to log a comment or question in AvidInvoice allows for clarification and expedited approval process.
  • Having multiple properties, having the Property Code and % Allocation features allow us to ensure the correct entity is charged it's portion of expenses. For example, we may have a service that is coded to all 32 properties. With AvidInvoice we are able to allocate each entity's pro rata share of the invoice.
Christina Honthy-Little profile photo

Cons

Abila MIP Fund Accounting

  • Lacks grant management.
  • Excel formulas don't always convert properly when importing.
  • Some reports can be limited in your ability to drill down.
Wesley Bond profile photo

AvidXchange

  • AvidPay needs some improvement to minimize the amount of time it takes to issue payment for invoices
  • The search features within AvidXchange on the advanced search screen sometimes do not function correctly (sorting by ascending / descending order doesn't work all of the time).
  • The log enhancement follow-up procedure could use some work.
Suzanne Crockett profile photo

Likelihood to Renew

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.1
Based on 45 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy profile photo

AvidXchange

AvidXchange 8.2
Based on 5 answers
The pros of this product far outweight the cons. AvidXchange has simplified my A/P processing time by allowing remote/cloud access and instantaneous review.
Christina Honthy-Little profile photo

Usability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.4
Based on 39 answers
It is a great software to use but it can still improve in some areas. Like if they could add spelling check function. Most software this day has spelling check as a standard function. Maybe if they could also expand the filters available when running custom reports would be very helpful
Luis Godoy profile photo

AvidXchange

AvidXchange 8.2
Based on 1 answer
Except the one difficult/cumbersome point I made, it is a strong, solid, easy-to-use system.
Richard Maritt, CMCA, AMS profile photo

Reliability and Availability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.0
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

AvidXchange

AvidXchange 9.0
Based on 1 answer
No answer on this topic is available.

Performance

Abila MIP Fund Accounting

Abila MIP Fund Accounting 10.0
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo

AvidXchange

AvidXchange 8.0
Based on 1 answer
No answer on this topic is available.

Support

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.4
Based on 37 answers
Support has been extremely helpful when I've had to call. All issues have been resolved on the first try. They have often given me ideas to try and where to look to find additional help if needed. Never seem to busy to answer a question and ready to listen to the customer.
Janet Resendiz profile photo

AvidXchange

AvidXchange 8.2
Based on 2 answers
Except for occasional escalations needed to Level 2 support, they are efficient and quick with nearly all requests.
Richard Maritt, CMCA, AMS profile photo

In-Person Training

Abila MIP Fund Accounting

Abila MIP Fund Accounting 8.0
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

AvidXchange

No score
No answers yet
No answers on this topic

Online Training

Abila MIP Fund Accounting

Abila MIP Fund Accounting 6.3
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

AvidXchange

No score
No answers yet
No answers on this topic

Implementation

Abila MIP Fund Accounting

Abila MIP Fund Accounting 6.3
Based on 22 answers
I highly recommend using a business partner for implementation. The business partners have implemented this product for numerous years and have a wealth of knowledge from working with various non profits and governmental entities. Some are close by and can provide on site training.
karen hoffman profile photo

AvidXchange

AvidXchange 7.3
Based on 1 answer
No answer on this topic is available.

Alternatives Considered

Abila MIP Fund Accounting

GMS was not 2000 compliant. Fundware was sold and went out of business. A number of peers in related organizations used MIP and recommended it. This is helpful when you have a problem or a desire to try something new, and can sound it off of others that are familiar with product and the programs you run.
Kathy Dugan profile photo

AvidXchange

SIRE became bogged down over time, began having more downtime, worked slower than expected, and had stopped advancing the development of its features. As such, we had to find an alternative. For our size (not small and not big), we needed something which got narrowed down to Strongroom and AvidXchange. Since AvidXchange purchased Strongroom, it became a no-brainer as to which company's product we would be using. Compared to the manual processing of invoices, this is much better as they can be reviewed and approved remotely in addition to the archive being searchable from anywhere.
Richard Maritt, CMCA, AMS profile photo

Scalability

Abila MIP Fund Accounting

Abila MIP Fund Accounting 9.0
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

AvidXchange

No score
No answers yet
No answers on this topic

Return on Investment

Abila MIP Fund Accounting

  • We were using an outdated version of Great Plains previously. It was DOS based, and only one user could even use it. I can't even describe the difference that has obviously made.
  • We can produce information so much more timely and in a better format than with Great Plains.
  • We outsourced payroll for a while, but came back to Abila because we found it was just as easy.
Marie Cline profile photo

AvidXchange

  • It has saved a lot in cost cutting just in man-hours. Which has left me the time to take on additional tasks to help others in the office.
Nancy Tricola profile photo

Screenshots

Pricing Details

Abila MIP Fund Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

AvidXchange

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Add comparison