What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings
2 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101
2 Ratings
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Score 9.6 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

Fetch

Especially in a small team, where we trust our employees and just need a simple way to deal with a tedious process, Fetch is great
No photo available

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
Fetch
Pay calculation
Abila MIP Fund Accounting
8.8
Fetch
Benefit plan administration
Abila MIP Fund Accounting
7.0
Fetch
Direct deposit files
Abila MIP Fund Accounting
8.7
Fetch
Salary revision and increment management
Abila MIP Fund Accounting
7.0
Fetch
Reimbursement management
Abila MIP Fund Accounting
6.4
Fetch

Customization

Abila MIP Fund Accounting
7.7
Fetch
API for custom integration
Abila MIP Fund Accounting
7.7
Fetch
Plug-ins
Abila MIP Fund Accounting
7.7
Fetch

Security

Abila MIP Fund Accounting
8.5
Fetch
Single sign-on capability
Abila MIP Fund Accounting
8.4
Fetch
Role-based user permissions
Abila MIP Fund Accounting
8.5
Fetch

Reporting & Analytics

Abila MIP Fund Accounting
7.5
Fetch
Dashboards
Abila MIP Fund Accounting
6.5
Fetch
Standard reports
Abila MIP Fund Accounting
7.9
Fetch
Custom reports
Abila MIP Fund Accounting
8.1
Fetch

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.7
Fetch
Accounts payable
Abila MIP Fund Accounting
8.5
Fetch
Accounts receivable
Abila MIP Fund Accounting
8.2
Fetch
Cash management
Abila MIP Fund Accounting
7.9
Fetch
Bank reconciliation
Abila MIP Fund Accounting
8.5
Fetch
Expense management
Abila MIP Fund Accounting
8.1
Fetch
Time tracking
Abila MIP Fund Accounting
6.8
Fetch
Fixed asset management
Abila MIP Fund Accounting
7.7
Fetch
Multi-currency support
Abila MIP Fund Accounting
6.6
Fetch
Multi-division support
Abila MIP Fund Accounting
8.3
Fetch
Regulations compliance
Abila MIP Fund Accounting
8.1
Fetch
Electronic tax filing
Abila MIP Fund Accounting
7.7
Fetch
Self-service portal
Abila MIP Fund Accounting
6.2
Fetch
Standardized Processes
Abila MIP Fund Accounting
6.9
Fetch

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
Fetch
Pricing
Abila MIP Fund Accounting
6.5
Fetch
Order entry
Abila MIP Fund Accounting
7.0
Fetch
Credit card processing
Abila MIP Fund Accounting
2.5
Fetch
Cost of goods sold
Abila MIP Fund Accounting
2.7
Fetch

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
Fetch
Client data roll-up capabilities
Abila MIP Fund Accounting
7.8
Fetch
Configurable alerts
Abila MIP Fund Accounting
7.4
Fetch
Billing bypass
Abila MIP Fund Accounting
6.8
Fetch
Client template cloning
Abila MIP Fund Accounting
7.5
Fetch
Single sign-on
Abila MIP Fund Accounting
4.5
Fetch
Industry-specific versioning
Abila MIP Fund Accounting
8.0
Fetch
Legacy system data migration
Abila MIP Fund Accounting
7.6
Fetch

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
  • Simplicity - employees just take a picture of a receipt and select a category - that's it, nothing more to do
  • Automation - Fetch automatically pays the employee back once an expense is approved (debits the company bank account and transfers it into the employee's bank account via ACH)
  • Real-time - employees don't need to wait until the end of the month or something like that to send an expense report in, but they do it real time, which also gives the accounting department real-time visibility into outstanding expenses
No photo available

Cons

  • The interface is not very user friendly. It can be daunting or intimidating for users who may not have knowledge of accounting software.
  • I feel that if Drillpoint reports can be integrated with the Scheduler Module, it would make reporting and data manipulation even better.
Donavan Lam, CPA profile photo
  • Multi-currency - you can only submit expenses in USD and pay them back in USD. That hasn't been a problem yet, but I guess we'll have to ask employees to do their own conversion if they submit a non-USD receipt.
  • Needs to have employees install the iPhone or Android app
No photo available

Likelihood to Renew

Abila MIP Fund Accounting9.2
Based on 42 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.9
Based on 37 answers
It is great and easy to use once you have had some training, some are more complex than others, but overall it is a great product.
Tracie Lambright profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

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

Performance

Abila MIP Fund Accounting9.9
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.7
Based on 35 answers
Every time we have needed support we had the issue resolved within an hour.
Bianca Jurczak profile photo
No score
No answers yet
No answers on this topic

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 Accounting10.0
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 21 answers
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
Jeffrey Chapman profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

The decision for Abila MIP Fund Accounting preceded my experience in use of the product, however, I've found the product very usable and flexible for our accounting and financial reporting needs and we have as a result continued to decide to stay with the product and are looking into potential use of other modules and seeing if they meet our needs.
Matt Brager profile photo
In my previous role our company used Concur. Compared to Concur, Fetch is far simpler and easier to implement for a smaller organization like ours.
Rachel Walter profile photo

Scalability

Abila MIP Fund Accounting9.0
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

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA profile photo
  • The biggest I would say is the hard-to-quantify benefit for employees to be able to deal with receipts easily - plus, constantly be informed about the status of their reimbursements and the speed at which they are getting money back. People finally don't hate the experience of expensing anymore!
  • Accounting's time spent on expense reimbursements is, I would say, reduced by 1-2 hours / week.
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
Abila MIP Fund Accounting Editions & Modules
Abila MIP Fund Accounting
Additional Pricing Details

Fetch

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Entry-level set up fee?
No
Fetch Editions & Modules
Fetch
Edition
Team
9.951
1. per active user
Additional Pricing Details