What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

AvidXchange

15 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

AvidXchange

15 Ratings
Score 8.5 out of 101

Add comparison

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

Customization

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

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
AvidXchange
Accounts payable
Abila MIP Fund Accounting
8.5
AvidXchange
Accounts receivable
Abila MIP Fund Accounting
8.1
AvidXchange
Cash management
Abila MIP Fund Accounting
8.0
AvidXchange
Bank reconciliation
Abila MIP Fund Accounting
8.4
AvidXchange
Expense management
Abila MIP Fund Accounting
8.0
AvidXchange
Time tracking
Abila MIP Fund Accounting
7.1
AvidXchange
Fixed asset management
Abila MIP Fund Accounting
7.6
AvidXchange
Multi-currency support
Abila MIP Fund Accounting
6.2
AvidXchange
Multi-division support
Abila MIP Fund Accounting
8.1
AvidXchange
Regulations compliance
Abila MIP Fund Accounting
7.9
AvidXchange
Electronic tax filing
Abila MIP Fund Accounting
7.6
AvidXchange
Self-service portal
Abila MIP Fund Accounting
5.7
AvidXchange
Standardized Processes
Abila MIP Fund Accounting
6.6
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
6.7
AvidXchange
Order entry
Abila MIP Fund Accounting
6.8
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
7.0
AvidXchange
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
AvidXchange
Configurable alerts
Abila MIP Fund Accounting
7.1
AvidXchange
Billing bypass
Abila MIP Fund Accounting
6.5
AvidXchange
Client template cloning
Abila MIP Fund Accounting
7.6
AvidXchange
Single sign-on
Abila MIP Fund Accounting
4.5
AvidXchange
Industry-specific versioning
Abila MIP Fund Accounting
8.3
AvidXchange
Legacy system data migration
Abila MIP Fund Accounting
7.0
AvidXchange

Pros

  • Number one: independent account code segments. Unlike certain other systems, with Abilia MIP Fund Accounting, you can add a new grant or fund source at any time and parent off of an existing, similar one. You don't have create cumbersome account codes for every GL you might need, as as it will work with those you have set up.
  • Running reports with un-posted items included. If you are like us and may need to enter your expenses, but perhaps not quite cut the check yet, however, need to run a statement of revenue and expenditures showing all expenses thus far, being able to include those un-posted items is tremendously helpful. It's also great if you see that you need to correct something with a journal entry. After you enter it, you can run the report to ensure it was what was actually needed BEFORE posting.
  • It is a system that becomes very intuitive to you once you dig in. There is a logic to many of the reports and functionalities that seem to be overlooked in other systems.
Jessica Leffler profile photo
  • AvidXchange tracks the history of an invoice with their History Tab and allows for management to review how the invoice was processed through approval.
  • Workflows within AvidXchange allows for invoices to be routed easily for approval.
  • Utilizing AvidPay frees up our AP Department from spending all Friday afternoon folding, stuffing and stamping the payments to be mailed out each week.
Brian Murphy profile photo

Cons

  • 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
  • Searching for invoices: Because of the number of properties we have, AvidBill automatically codes an invoice internally to one property, but we may find upon review that it is really for a different property. When we search for an invoice, it won't show as the corrected Property ID, rather the first one entered.
  • Vendor Names: I know this is a matter of human data entry, but oftentimes there are multiple vendors with the same name entered. The system may not grab the one that is intended for our company.
Christina Honthy-Little profile photo

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 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
AvidXchange8.2
Based on 5 answers
It is nearly failure proof, has amazing "up time", and has (overall) reduced our personnel and check printing costs.
Richard Maritt, CMCA, AMS profile photo

Usability

Abila MIP Fund Accounting8.6
Based on 33 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
AvidXchange8.2
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 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
AvidXchange9.0
Based on 1 answer
No answer on this topic is available.

Performance

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
AvidXchange8.0
Based on 1 answer
No answer on this topic is available.

Support

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
AvidXchange8.2
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 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
No score
No answers yet
No answers on this topic

Online Training

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

Implementation

Abila MIP Fund Accounting6.9
Based on 19 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
AvidXchange7.3
Based on 1 answer
No answer on this topic is available.

Alternatives Considered

I don't know when the decision was made, it was years ago. However, we are not looking for anything new and are sufficiently happy with the product that we are not looking now and have no plans to look for a new product.
Maryann Freepartner profile photo
No comparison. Our national company recommends a small selection of A/P modules that integrate with our MRI accounting software. When the decision was made, it was a no-brainer to select AvidXchange, due to my prior knowledge and experience.
Christina Honthy-Little profile photo

Scalability

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
No score
No answers yet
No answers on this topic

Return on Investment

  • Abila is generally user friendly and a reasonably priced package. From that standpoint it provides a good return on investment because it doesn't require significant additional investment (time or money) which would be diverting funds from core operational needs.
Joe Weist profile photo
  • AvidXchange has increased our efficiency 100%. It used to take 30-60 days to receive, code and process invoices. Now, they are uploaded, coded and approved within days.
  • No negative impact at all. Couldn't imagine working without this software.
Christina Honthy-Little 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