What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Financial Edge NXT

Top Rated
88 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Financial Edge NXT

Top Rated
88 Ratings
Score 8 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

Financial Edge NXT

I think FENXT is well suited for medium to large sized organizations who are willing to make an investment in their systems. I do not feel this would be worthwhile for small organizations or ones who do not prioritize their database systems.
Brandon Mand profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Financial Edge NXT
5.5
Pay calculation
Abila MIP Fund Accounting
8.6
Financial Edge NXT
5.4
Benefit plan administration
Abila MIP Fund Accounting
8.1
Financial Edge NXT
Direct deposit files
Abila MIP Fund Accounting
8.7
Financial Edge NXT
5.5
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Financial Edge NXT
4.8
Reimbursement management
Abila MIP Fund Accounting
7.3
Financial Edge NXT
6.4

Customization

Abila MIP Fund Accounting
7.4
Financial Edge NXT
6.8
API for custom integration
Abila MIP Fund Accounting
7.4
Financial Edge NXT
7.9
Plug-ins
Abila MIP Fund Accounting
7.3
Financial Edge NXT
5.7

Security

Abila MIP Fund Accounting
8.4
Financial Edge NXT
7.1
Single sign-on capability
Abila MIP Fund Accounting
8.3
Financial Edge NXT
7.1
Role-based user permissions
Abila MIP Fund Accounting
8.4
Financial Edge NXT
7.0

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Financial Edge NXT
6.7
Dashboards
Abila MIP Fund Accounting
6.5
Financial Edge NXT
6.9
Standard reports
Abila MIP Fund Accounting
7.8
Financial Edge NXT
6.7
Custom reports
Abila MIP Fund Accounting
7.9
Financial Edge NXT
6.5

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Financial Edge NXT
7.0
Accounts payable
Abila MIP Fund Accounting
8.5
Financial Edge NXT
7.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Financial Edge NXT
6.3
Cash management
Abila MIP Fund Accounting
8.0
Financial Edge NXT
6.8
Bank reconciliation
Abila MIP Fund Accounting
8.4
Financial Edge NXT
7.0
Expense management
Abila MIP Fund Accounting
8.0
Financial Edge NXT
7.5
Time tracking
Abila MIP Fund Accounting
7.1
Financial Edge NXT
6.5
Fixed asset management
Abila MIP Fund Accounting
7.6
Financial Edge NXT
7.0
Multi-currency support
Abila MIP Fund Accounting
6.2
Financial Edge NXT
7.7
Multi-division support
Abila MIP Fund Accounting
8.1
Financial Edge NXT
7.0
Regulations compliance
Abila MIP Fund Accounting
7.9
Financial Edge NXT
7.6
Electronic tax filing
Abila MIP Fund Accounting
7.6
Financial Edge NXT
5.8
Self-service portal
Abila MIP Fund Accounting
5.7
Financial Edge NXT
7.9
Standardized Processes
Abila MIP Fund Accounting
6.6
Financial Edge NXT

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
Financial Edge NXT
5.2
Pricing
Abila MIP Fund Accounting
6.7
Financial Edge NXT
5.7
Order entry
Abila MIP Fund Accounting
6.8
Financial Edge NXT
Credit card processing
Abila MIP Fund Accounting
2.5
Financial Edge NXT
6.7
Cost of goods sold
Abila MIP Fund Accounting
2.7
Financial Edge NXT
3.3

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Financial Edge NXT
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Financial Edge NXT
Configurable alerts
Abila MIP Fund Accounting
7.1
Financial Edge NXT
Billing bypass
Abila MIP Fund Accounting
6.5
Financial Edge NXT
Client template cloning
Abila MIP Fund Accounting
7.6
Financial Edge NXT
Single sign-on
Abila MIP Fund Accounting
4.5
Financial Edge NXT
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Financial Edge NXT
Legacy system data migration
Abila MIP Fund Accounting
7.0
Financial Edge NXT

Pros

  • Data conversion from our previous system to Abila MIP Fund Accounting was made as seamlessly as possible. We were able to successfully integrate without trouble and leaving us with continuity in our data.
  • The help that we received in developing SOPs for our growing organization proved difficult prior to using the help from Abila MIP. Once we were up and running with the service we got what we needed and were able to make our organization's procedures as ordered as a larger and more established company would have.
  • The ability to see where our funds would most effectively be spent helped us utilize them so that we could make best use four our investors.
Brandon Adawi profile photo
  • I love how well FE interacts with Raiser's Edge. This makes it much easier for our organization to stay current and increases our level of trust in the information we are seeing in both systems.
  • The reporting features in FE make it easy to pull accurate information in a timely manner.
Brandon Mand profile photo

Cons

  • Understanding the permissions assigned to employees got confusing at times.
Brandon Adawi profile photo
  • NXT still has lots of glitches or missing functionality when compared with the database view. Many pages take too long to load, or just aren't as usable as the alternative in database view.
  • Functions that are not available in NXT yet. There are still quite a few processes that are not yet available in NXT, which you must do in the 'old' database view. This makes it abundantly clear that NXT is not a new platform that was launched all at once, but rather a 'mirror' option that was haphazardly released in blocks (and still is being released in blocks). This process is awkward and can be rather unsettling to new users who are likely to spend months, and perhaps even years, as they attempt to figure out which of their processes they should do in NXT and which ones they should do in the 'old' database view.
  • Reports, Queries, and Exports. Users who were already accustomed to the 'old' database view for these areas are likely to find NXT's equivalent options to be clunky and may prefer to stick to the database view for these functions. Some things just require more clicks when you try to 'simplify' by putting everything into one web screenshot. There's something to be said for being able to open different windows within a program, and like many other modern web browser-based programs, NXT gets in its own way in this regard.
No photo available

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo
Financial Edge NXT8.1
Based on 3 answers
There aren't too many non-profit specific financial/accounting software solutions available. Even so, Financial Edge NXT meets the needs of our staff and allows us to operate efficiently.
Gregory Seay, CMA, CPA 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
Financial Edge NXT5.5
Based on 1 answer
Still needs development to match the old client server version
Michael Downs profile photo

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
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
Financial Edge NXT8.2
Based on 2 answers
Quick, responsive. Keep us in the loop on where the case stands. Chat feature.
Michael Downs profile photo

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
MUST have a good partner to guide you through the set up steps. A seasoned organization is imperative. They can help navigate issues because they have dealt with them before.
Jan Crockett profile photo
Financial Edge NXT6.4
Based on 1 answer
From an IT perspective, read up on the user setup integrated with the DB View
Michael Downs profile photo

Alternatives Considered

I personally have used QuickBooks, Quicken, and a long-ago product by Software International. QuickBooks and Quicken are easier to use, but do not provide the reporting that Abila provides. Non-profits need an easy way to allocate expenses between grants, especially payroll. They also need to be able to provide reporting by grants. Abila seems to be able to provide this system.
Christine Frenzel profile photo
Financial Edge NXT is easier to use and more appropriate for an organization of our size. FE NXT is also more intuitive.
No photo available

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

  • As a non-profit, our main business objectives are to stay within regulations so that we may be paid by our funders and continue to contract with them..MIP allows us to track information to assist in this objective.
  • Cash management is very important, since we are often paid in arrears. MIP helps us track cash and outstanding program balances.
Kathy Dugan profile photo
  • It's helped us speed up month-end closing.
  • It's provided good internal control features.
  • It's improved our Accounts Payable invoice processing.
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

Financial Edge NXT

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details