What users are saying about

Abila MIP Fund Accounting

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Top Rated
612 Ratings
21 Ratings

Abila MIP Fund Accounting

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Top Rated
612 Ratings
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Score 8 out of 101
21 Ratings
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Score 7.8 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

Well-suited for basic accounting, I would give it an 8. Drill-down would be nice on the general ledger to be able to look at the original entry. Maintaining the year codes and distribution codes is much too involved-this needs to be streamlined. Would be nice to be able to update information on encumbrances and purchase orders prior payment. The accounts receivable module is a bit of a nightmare-we don't use the invoicing function as it is too involved for our company. While the Accounting function deserves and 8, I would only give the payroll function about a 4.5-sorry.
Eris Tanner profile photo

Financial Edge

Financial edge is great for tracking revenue and expenses for specific donor-designated gifts. It is easy to create projects for each designation that allows for tracking and reporting. I would like to see some expansion in reporting based on projects. We currently have built custom reports for reporting to our end-users and donors on project balances.
Stephanie Ulmer profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
Financial Edge
8.1
Pay calculation
Abila MIP Fund Accounting
8.7
Financial Edge
9.0
Benefit plan administration
Abila MIP Fund Accounting
7.0
Financial Edge
7.0
Direct deposit files
Abila MIP Fund Accounting
8.6
Financial Edge
8.0
Salary revision and increment management
Abila MIP Fund Accounting
7.0
Financial Edge
7.5
Reimbursement management
Abila MIP Fund Accounting
6.6
Financial Edge
9.0

Customization

Abila MIP Fund Accounting
8.2
Financial Edge
8.0
API for custom integration
Abila MIP Fund Accounting
8.1
Financial Edge
9.0
Plug-ins
Abila MIP Fund Accounting
8.4
Financial Edge
7.0

Security

Abila MIP Fund Accounting
8.6
Financial Edge
8.8
Single sign-on capability
Abila MIP Fund Accounting
8.5
Financial Edge
8.7
Role-based user permissions
Abila MIP Fund Accounting
8.7
Financial Edge
8.9

Reporting & Analytics

Abila MIP Fund Accounting
7.6
Financial Edge
7.7
Dashboards
Abila MIP Fund Accounting
6.8
Financial Edge
7.6
Standard reports
Abila MIP Fund Accounting
7.9
Financial Edge
7.3
Custom reports
Abila MIP Fund Accounting
7.9
Financial Edge
8.3

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.8
Financial Edge
7.5
Accounts payable
Abila MIP Fund Accounting
8.5
Financial Edge
8.4
Accounts receivable
Abila MIP Fund Accounting
8.2
Financial Edge
7.7
Cash management
Abila MIP Fund Accounting
8.1
Financial Edge
7.8
Bank reconciliation
Abila MIP Fund Accounting
8.5
Financial Edge
8.1
Expense management
Abila MIP Fund Accounting
8.2
Financial Edge
7.5
Time tracking
Abila MIP Fund Accounting
6.9
Financial Edge
5.9
Fixed asset management
Abila MIP Fund Accounting
7.7
Financial Edge
7.8
Multi-currency support
Abila MIP Fund Accounting
7.3
Financial Edge
7.7
Multi-division support
Abila MIP Fund Accounting
8.4
Financial Edge
8.0
Regulations compliance
Abila MIP Fund Accounting
8.2
Financial Edge
7.6
Electronic tax filing
Abila MIP Fund Accounting
7.8
Financial Edge
7.0
Self-service portal
Abila MIP Fund Accounting
6.8
Financial Edge
6.4
Standardized Processes
Abila MIP Fund Accounting
7.2
Financial Edge
7.7
Global Financial Support
Abila MIP Fund Accounting
Financial Edge
7.2
Primary and Secondary Ledgers
Abila MIP Fund Accounting
Financial Edge
7.3
Intercompany Accounting
Abila MIP Fund Accounting
Financial Edge
7.5
Localizations
Abila MIP Fund Accounting
Financial Edge
8.0
Journals and Reconciliations
Abila MIP Fund Accounting
Financial Edge
8.2
Enterprise Accounting
Abila MIP Fund Accounting
Financial Edge
7.7
Configurable Accounting
Abila MIP Fund Accounting
Financial Edge
6.6
Centralized Rules Framework
Abila MIP Fund Accounting
Financial Edge
7.7

Inventory Management

Abila MIP Fund Accounting
4.2
Financial Edge
8.0
Inventory tracking
Abila MIP Fund Accounting
7.3
Financial Edge
Automatic reordering
Abila MIP Fund Accounting
1.0
Financial Edge
Location management
Abila MIP Fund Accounting
7.7
Financial Edge
8.0
Manufacturing module
Abila MIP Fund Accounting
1.0
Financial Edge

Order Management

Abila MIP Fund Accounting
4.7
Financial Edge
8.0
Pricing
Abila MIP Fund Accounting
6.6
Financial Edge
8.0
Order entry
Abila MIP Fund Accounting
7.2
Financial Edge
8.0
Credit card processing
Abila MIP Fund Accounting
2.5
Financial Edge
8.0
Cost of goods sold
Abila MIP Fund Accounting
2.7
Financial Edge
8.0
Order Orchestration
Abila MIP Fund Accounting
Financial Edge
8.0
End-to-end order visibility
Abila MIP Fund Accounting
Financial Edge
8.0
Order exception Resolution
Abila MIP Fund Accounting
Financial Edge
8.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
Financial Edge
8.0
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Financial Edge
8.0
Configurable alerts
Abila MIP Fund Accounting
7.7
Financial Edge
8.0
Billing bypass
Abila MIP Fund Accounting
7.1
Financial Edge
8.0
Client template cloning
Abila MIP Fund Accounting
7.1
Financial Edge
8.0
Single sign-on
Abila MIP Fund Accounting
4.5
Financial Edge
8.0
Industry-specific versioning
Abila MIP Fund Accounting
8.0
Financial Edge
8.0
Legacy system data migration
Abila MIP Fund Accounting
7.5
Financial Edge
8.0
Branded client dashboards
Abila MIP Fund Accounting
Financial Edge
8.0
Client data consolidation for benchmarking
Abila MIP Fund Accounting
Financial Edge
8.0
Configurable client onboarding questions
Abila MIP Fund Accounting
Financial Edge
8.0
Cross-client workflow management
Abila MIP Fund Accounting
Financial Edge
8.0

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
  • Financial edge is able to be customized in a way that fits our organization.
  • Financial edge is able to provide reports to our end-users on budget versus actual account balances.
  • Financial edge is able to handle a large volume of transactions with ease, having built-in capabilities for batching and balancing.
Stephanie Ulmer 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
  • While the program is highly customizable, it would be helpful if there was more direction on best practices of how to set everything up.
  • Expand on reporting.
  • Ability to report on "open" years.
Stephanie Ulmer profile photo

Likelihood to Renew

Abila MIP Fund Accounting9.1
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
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.4
Based on 39 answers
MIP is fairly easy to learn and to update. Whether it's transaction entry or reporting it has logical steps and maintains consistency. These are things that make usability a positive and not a negative.
Nikki Patterson profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting9.0
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 Accounting10.0
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 Accounting8.4
Based on 37 answers
I had to call support for an issue I was having to reverse a batch that was posted by mistake. The support lady was really helpful in guiding me to the correct steps in resolving my issue. I felt very confident in knowing I can call them to resolve my issues
Luis Godoy 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 Accounting6.5
Based on 4 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 Accounting6.3
Based on 22 answers
I would not implement without the help of a reseller.
Nikki Patterson profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

Fund EZ is a product I found out about from a previous employment stint. It has a lot of the features MIP has but is not nearly as good. I would consider using this product if MIP continues to raise fees.
Erich Koch profile photo
More customizable and able to utilize more features
Stephanie Ulmer profile photo

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
  • That is difficult to answer, as the organization has used Financial Edge for a very long time. I would say the ability to add a project ID to any transaction in the GL makes it much easier to report on all revenue and expenses belonging to a single project, without having to create project-specific accounts.
Petra Hall 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

Financial Edge

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