What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Budget Maestro

3 Ratings
Score 5.9 out of 101

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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

Budget Maestro

If you're looking to get organized and stay organized in terms of cash flow numbers, budgets, inventory etc., Budget Maestro is a very good software to use. It is also a great tool for creating graphs and charts. We found that Budget Maestro produces a more "polished" report vs Microsoft Excel and other similar software.
Travis Watts profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Budget Maestro
9.0
Pay calculation
Abila MIP Fund Accounting
8.6
Budget Maestro
9.0
Benefit plan administration
Abila MIP Fund Accounting
8.1
Budget Maestro
9.0
Direct deposit files
Abila MIP Fund Accounting
8.7
Budget Maestro
9.0
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Budget Maestro
9.0
Reimbursement management
Abila MIP Fund Accounting
7.3
Budget Maestro
9.0

Customization

Abila MIP Fund Accounting
7.3
Budget Maestro
5.5
API for custom integration
Abila MIP Fund Accounting
7.4
Budget Maestro
6.0
Plug-ins
Abila MIP Fund Accounting
7.3
Budget Maestro
5.0

Security

Abila MIP Fund Accounting
8.3
Budget Maestro
8.0
Single sign-on capability
Abila MIP Fund Accounting
8.3
Budget Maestro
8.0
Role-based user permissions
Abila MIP Fund Accounting
8.4
Budget Maestro
8.0

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Budget Maestro
8.7
Dashboards
Abila MIP Fund Accounting
6.5
Budget Maestro
8.0
Standard reports
Abila MIP Fund Accounting
7.8
Budget Maestro
9.0
Custom reports
Abila MIP Fund Accounting
7.9
Budget Maestro
9.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Budget Maestro
8.3
Accounts payable
Abila MIP Fund Accounting
8.5
Budget Maestro
8.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Budget Maestro
8.0
Cash management
Abila MIP Fund Accounting
8.0
Budget Maestro
9.0
Bank reconciliation
Abila MIP Fund Accounting
8.4
Budget Maestro
9.0
Expense management
Abila MIP Fund Accounting
8.0
Budget Maestro
10.0
Time tracking
Abila MIP Fund Accounting
7.2
Budget Maestro
9.0
Fixed asset management
Abila MIP Fund Accounting
7.6
Budget Maestro
9.0
Multi-currency support
Abila MIP Fund Accounting
6.2
Budget Maestro
Multi-division support
Abila MIP Fund Accounting
8.1
Budget Maestro
Regulations compliance
Abila MIP Fund Accounting
7.9
Budget Maestro
Electronic tax filing
Abila MIP Fund Accounting
7.6
Budget Maestro
Self-service portal
Abila MIP Fund Accounting
5.7
Budget Maestro
8.0
Standardized Processes
Abila MIP Fund Accounting
6.6
Budget Maestro
9.0
Global Financial Support
Abila MIP Fund Accounting
Budget Maestro
8.0
Intercompany Accounting
Abila MIP Fund Accounting
Budget Maestro
9.0
Journals and Reconciliations
Abila MIP Fund Accounting
Budget Maestro
7.0
Enterprise Accounting
Abila MIP Fund Accounting
Budget Maestro
7.0
Configurable Accounting
Abila MIP Fund Accounting
Budget Maestro
8.0
Centralized Rules Framework
Abila MIP Fund Accounting
Budget Maestro
7.0

Inventory Management

Abila MIP Fund Accounting
4.2
Budget Maestro
8.3
Inventory tracking
Abila MIP Fund Accounting
7.3
Budget Maestro
9.0
Automatic reordering
Abila MIP Fund Accounting
1.0
Budget Maestro
Location management
Abila MIP Fund Accounting
7.7
Budget Maestro
8.0
Manufacturing module
Abila MIP Fund Accounting
1.0
Budget Maestro
8.0

Order Management

Abila MIP Fund Accounting
4.7
Budget Maestro
7.6
Pricing
Abila MIP Fund Accounting
6.7
Budget Maestro
7.0
Order entry
Abila MIP Fund Accounting
6.8
Budget Maestro
7.0
Credit card processing
Abila MIP Fund Accounting
2.5
Budget Maestro
Cost of goods sold
Abila MIP Fund Accounting
2.7
Budget Maestro
8.0
Order Orchestration
Abila MIP Fund Accounting
Budget Maestro
8.0
End-to-end order visibility
Abila MIP Fund Accounting
Budget Maestro
8.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Budget Maestro
7.7
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Budget Maestro
Configurable alerts
Abila MIP Fund Accounting
7.1
Budget Maestro
7.0
Billing bypass
Abila MIP Fund Accounting
6.5
Budget Maestro
7.0
Client template cloning
Abila MIP Fund Accounting
7.6
Budget Maestro
8.0
Single sign-on
Abila MIP Fund Accounting
4.5
Budget Maestro
8.0
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Budget Maestro
Legacy system data migration
Abila MIP Fund Accounting
7.0
Budget Maestro
Branded client dashboards
Abila MIP Fund Accounting
Budget Maestro
8.0
Configurable client onboarding questions
Abila MIP Fund Accounting
Budget Maestro
8.0
Cross-client workflow management
Abila MIP Fund Accounting
Budget Maestro
8.0

Pros

  • The vast array of account segmenting allows us to break down our business in many different ways, which gets us the information we need to make sure we are doing business right.
  • We love the ability to process vendor EFT payments, which fits our green thinking and saves lots of paper.
  • Having a cloud based platform allows us to work more efficiently and not have to worry about using the most recent version or keeping up with payroll updates.
Eric Harvey profile photo
  • Reporting - Very easy to follow and produce high-quality reports for every aspect of budgeting, cash flow, and revenue data
  • Importing - We import a lot of data on a monthly basis. Budget Maestro is excellent at capturing Excel and CSV files
  • Asset Management - Budget Maestro is a great platform for storing asset related data and keeping inventory
Travis Watts profile photo

Cons

  • They need to better explain how to create definition files so end users can learn how to upload large amounts of data into the system. As of right now, most end users have to contact a consultant to create the definition file and pay literally thousands of dollars in order to do uploads.
  • The financial statement reports could be better. When I created the income statement, the profit is shown as a credit, while a loss is shown as a debit which makes it look funny for presentation purposes. I now have to key everything into Excel so it doesn't do this. The reports could be better if it allowed a way to add statistics to the report. Most FQHCs present stats like visits, Days Cash on Hand and so on. It would be nice to be able to have these stats shown in the financial statements.
  • MIP needs to allow for easier copying and pasting items into the fields. In the Budget module, you can't right click and paste. You need to select the "Edit" and then paste from the drop down menu.
Erich Koch profile photo
  • Wizards - The widgets and add-on features are limited and have a long way to go (at least on the current version)
  • Unnecessary features - Budget Maestro has added features for the sake of... adding features. A lot of "features" you would likely not use
Travis Watts profile photo

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
It never gives us problems, and meets most of our needs.
Jeffrey Chapman profile photo
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
For accountant types the software is very logical.
Jan Crockett profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting8.9
Based on 6 answers
I refer back to the previous questions. It has suddenly quit on me.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Performance

Abila MIP Fund Accounting9.9
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
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.4
Based on 30 answers
The technical support team is thorough, and understands accounting as well as technical issues. If a challenge arises, the issue is escalated. Although that has rarely happened.
karen hoffman profile photo
No score
No answers yet
No answers on this topic

In-Person Training

Abila MIP Fund Accounting7.9
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 believe implementation went well because of the way training was setup. We started with a classroom setting to go thru all aspects of the software then practicing setup before going live.
Shirley Merrick profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

I have used QuickBooks Premier for Non-Profits in a previous job, but not at my current position. They have used MIP for several years prior to me coming on board. QuickBooks was much easier to learn, but I don't feel it has as much functionality as MIP does with the use of multiple federal and state managements and reporting
Tracie Lambright profile photo
We initially did heavy research trying to find the best budgeting software around. We used several trials and decided that Budget Maestro was the best fit for our firm. The #1 reason we decided to go with this software was the user-friendliness of the platform. We were able to train 5 staff members over the course of 2 days
Travis Watts profile photo

Scalability

Abila MIP Fund Accounting8.9
Based on 6 answers
I have had some issues with the software suddenly closing with no reason given.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • It is positive when I can create reports that are easily utilized month after month for grant reporting. Each of our grants requires a little different format of data and MIP allows me to customize reports to easily pull information I need to satisfy grantors.
LaShawna Simonsen profile photo
  • Positive - We saved lots of man hours finding a simple, easy-to-use software that everyone could learn in a matter of days vs months/years
  • Positive - We use the chart/graph export feature frequently for presentations and client meetings. This has saved us lots of capital over time
  • Negative - We use (two) third-party softwares that we would love to integrate with Budget Maestro; however they do not currently integrate
Travis Watts 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

Budget Maestro

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