What users are saying about

Abila MIP Fund Accounting

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Top Rated
606 Ratings
75 Ratings

Abila MIP Fund Accounting

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Top Rated
606 Ratings
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Score 8 out of 101
75 Ratings
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Score 7.9 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

The product is really well suited for small to medium non-profit organizations and other types of operations. Its features might not be as applicable for commercial businesses or large organizations. Some organizations may want to weight its fees and costs when choosing the product. Overall its features are well integrated and quite useful for organizations that may not need a more complex accounting product.
Bruce Emmerling profile photo

Bill.com

For cloud-based firms or paperless firms, Bill.com is necessary. Not only can you easily view, approve, pay, track payments, and sync the information with QuickBooks Online, but you can also see all of the historical data in Bill.com for any vendor, at any time. Once it's in Bill.com, you can throw away that bill! If you have remote employees or complex approval processes, Bill.com excels at addressing those needs. If on the other hand you have a very small office and everyone is in the same building, and you like hand writing checks and manually entering them into whatever accounting software you use, then Bill.com isn't necessary. Likewise, if you only have a few vendors and you're able to set up them for automatic payment through the vendor websites, you don't need Bill.com.
Alicia Gates, CPA profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
Bill.com
Pay calculation
Abila MIP Fund Accounting
8.7
Bill.com
Benefit plan administration
Abila MIP Fund Accounting
7.1
Bill.com
Direct deposit files
Abila MIP Fund Accounting
8.6
Bill.com
Salary revision and increment management
Abila MIP Fund Accounting
7.0
Bill.com
Reimbursement management
Abila MIP Fund Accounting
6.6
Bill.com

Customization

Abila MIP Fund Accounting
8.1
Bill.com
API for custom integration
Abila MIP Fund Accounting
8.0
Bill.com
Plug-ins
Abila MIP Fund Accounting
8.3
Bill.com

Security

Abila MIP Fund Accounting
8.6
Bill.com
Single sign-on capability
Abila MIP Fund Accounting
8.5
Bill.com
Role-based user permissions
Abila MIP Fund Accounting
8.6
Bill.com

Reporting & Analytics

Abila MIP Fund Accounting
7.6
Bill.com
Dashboards
Abila MIP Fund Accounting
6.8
Bill.com
Standard reports
Abila MIP Fund Accounting
7.9
Bill.com
Custom reports
Abila MIP Fund Accounting
7.9
Bill.com

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.8
Bill.com
Accounts payable
Abila MIP Fund Accounting
8.5
Bill.com
Accounts receivable
Abila MIP Fund Accounting
8.2
Bill.com
Cash management
Abila MIP Fund Accounting
8.1
Bill.com
Bank reconciliation
Abila MIP Fund Accounting
8.5
Bill.com
Expense management
Abila MIP Fund Accounting
8.2
Bill.com
Time tracking
Abila MIP Fund Accounting
6.9
Bill.com
Fixed asset management
Abila MIP Fund Accounting
7.7
Bill.com
Multi-currency support
Abila MIP Fund Accounting
7.3
Bill.com
Multi-division support
Abila MIP Fund Accounting
8.4
Bill.com
Regulations compliance
Abila MIP Fund Accounting
8.2
Bill.com
Electronic tax filing
Abila MIP Fund Accounting
7.8
Bill.com
Self-service portal
Abila MIP Fund Accounting
6.8
Bill.com
Standardized Processes
Abila MIP Fund Accounting
7.2
Bill.com

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.8
Bill.com
Pricing
Abila MIP Fund Accounting
6.7
Bill.com
Order entry
Abila MIP Fund Accounting
7.2
Bill.com
Credit card processing
Abila MIP Fund Accounting
2.5
Bill.com
Cost of goods sold
Abila MIP Fund Accounting
2.7
Bill.com

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
Bill.com
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Bill.com
Configurable alerts
Abila MIP Fund Accounting
7.7
Bill.com
Billing bypass
Abila MIP Fund Accounting
7.1
Bill.com
Client template cloning
Abila MIP Fund Accounting
7.1
Bill.com
Single sign-on
Abila MIP Fund Accounting
4.5
Bill.com
Industry-specific versioning
Abila MIP Fund Accounting
8.0
Bill.com
Legacy system data migration
Abila MIP Fund Accounting
7.5
Bill.com

Pros

  • The interface and operations of Abila MIP Fund are fairly easy to utilize and learn.
  • It offers some excellent tools for managing a non-profit operation.
  • The software makes it easy to streamline operations into one system without dealing with separate departments working with different systems.
Bruce Emmerling profile photo
  • Accounts Payable Imaging and Routing - No more file cabinets, not more chasing down invoices lost in mail boxes, no more delay in getting payments approved.
  • No Software or Hardware - since Bill.com is completely cloud based, it is inexpensive to get started and convenient.
  • Fees are Transaction Based - at this time, checks cost $1.49 and ACH payments are $.49 each. Monthly fees are between $50 and $200. Depending on volume, total costs can be much lower than traditional software systems.
  • Eliminates paper checks and file cabinet storage of AP vouchers.
Bill Aiton profile photo

Cons

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey profile photo
  • Cloud is a strength and a weakness - some customers prefer a personal on-site training resource.
  • Integration to other systems can be limited - for instance, some AP systems integrate to Fixed Assets for automatic set up of new assets.
  • When integrating back to GL systems, 1099 and other information can be difficult to map.
  • Based on volume, the low per transaction fees can total more than on site software systems. But for low volume firms, cost is very nominal.
Bill Aiton profile photo

Likelihood to Renew

Abila MIP Fund Accounting9.1
Based on 45 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo
Bill.com8.9
Based on 13 answers
Great features and great support at a great price.
No photo available

Usability

Abila MIP Fund Accounting8.4
Based on 39 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
Bill.com9.0
Based on 5 answers
It was mostly very usable, but onboarding a vendor / employee for direct electronic payment was sometimes tricky. Mostly it was simple and easy though.
No photo available

Reliability and Availability

Abila MIP Fund Accounting9.0
Based on 6 answers
The only time we have had a big issue is when our server went out, and this was not a MIP issue
Frances LeClair profile photo
Bill.com8.3
Based on 6 answers
The only time Bill.com was ever "unavailable" was then the Sync to Quickbooks function failed. That happened a time or two but was usually quickly remedied. I'm not sure if that's an issue with newer online versions of Quickbooks Enterprise -- at the time we were using a remotely hosted Quickbooks instance accessed via terminal server (vs a cloud offering like Bill.com is)
No photo available

Performance

Abila MIP Fund Accounting10.0
Based on 6 answers
Yes, it works very well about 95% of the time. I don't notice any slow down with any programs it integrates with.
Christine Frenzel profile photo
Bill.com10.0
Based on 2 answers
pretty fast usually
No photo available

Support

Abila MIP Fund Accounting8.4
Based on 36 answers
I have a hard time using the online help features and can seldom find answers to the questions I have. When I call, I want to be able to get the answer, not be told I can go "online" to find the answer.
Christine Frenzel profile photo
Bill.com8.9
Based on 6 answers
Everytime I have called or used bill.com's chat service the staff are always well spoken and have solid knowledge of the product.
Jackie Compton 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 Accounting6.6
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo
Bill.com9.0
Based on 2 answers
The online training provided by Bill.com is concise and since the firm consistently improves the platform functionality, users are able to select the training for the modules they specifically need.
Tina Gregory profile photo

Implementation

Abila MIP Fund Accounting6.3
Based on 22 answers
I would not implement without the help of a reseller.
Nikki Patterson profile photo
Bill.com8.0
Based on 5 answers
It was a very simple implementation. We just gave our bank account information etc.
No photo available

Alternatives Considered

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
No photo available

Scalability

Abila MIP Fund Accounting9.0
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
No score
No answers yet
No answers on this topic

Return on Investment

  • Hard to quantify the return on investment. Purchasing accounting software is a necessary evil and the payback is hard to measure. Basically MIP is another expense we incur each month in order to keep our books. If MIP could add some better features to its system, there could be a better ROI.
  • I think if you have MIP set up properly you could probably eliminate an FTE from your accounting department. I was able to get by with 2 people when most places would of had 3 or 4 with the same amount of work. The key though is knowing how to use the product, and setting it up correctly.
Erich Koch profile photo
  • Increased employee efficiency - less time filing and pulling documents after-the-fact if they are needed as a reference.
  • An employee that is not familiar with QuickBooks is able to use Bill.com for entering vendor bills rather than having to train on QuickBooks. Easier to use for a non-accountant in some cases.
  • Bill paying process is much more efficient; I had one client that used to pay all bills via their bank account - this was prone to human error as the amounts and details were input manually and was much more time consuming. Bill.com has all information regarding the bill and related payment in one place.
No photo available

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

Bill.com

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