What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings
31 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101
31 Ratings
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Score 9.3 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

FreeAgent

FreeAgent is really suited to the financial management of a small business. Especially an owner managed business as it provides all the tools to keep on top of finances. It can reduce the need for a bookkeeper as it is easy to add expenses and reconcile them with the linked bank accounts. The integrated payroll would also reduce the need for third-party management of such processes. Would still recommend the use of an accountant to advise on more complex financial requirements.
Vince McConville profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.6
FreeAgent
8.6
Pay calculation
Abila MIP Fund Accounting
8.7
FreeAgent
8.0
Benefit plan administration
Abila MIP Fund Accounting
7.1
FreeAgent
8.5
Direct deposit files
Abila MIP Fund Accounting
8.6
FreeAgent
8.9
Salary revision and increment management
Abila MIP Fund Accounting
7.1
FreeAgent
8.8
Reimbursement management
Abila MIP Fund Accounting
6.6
FreeAgent
8.7

Customization

Abila MIP Fund Accounting
8.0
FreeAgent
5.5
API for custom integration
Abila MIP Fund Accounting
7.9
FreeAgent
4.5
Plug-ins
Abila MIP Fund Accounting
8.1
FreeAgent
6.4

Security

Abila MIP Fund Accounting
8.5
FreeAgent
8.5
Single sign-on capability
Abila MIP Fund Accounting
8.5
FreeAgent
9.0
Role-based user permissions
Abila MIP Fund Accounting
8.6
FreeAgent
8.0

Reporting & Analytics

Abila MIP Fund Accounting
7.6
FreeAgent
7.8
Dashboards
Abila MIP Fund Accounting
6.7
FreeAgent
10.0
Standard reports
Abila MIP Fund Accounting
7.9
FreeAgent
9.0
Custom reports
Abila MIP Fund Accounting
8.0
FreeAgent
4.4

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.8
FreeAgent
9.3
Accounts payable
Abila MIP Fund Accounting
8.5
FreeAgent
10.0
Accounts receivable
Abila MIP Fund Accounting
8.2
FreeAgent
10.0
Cash management
Abila MIP Fund Accounting
8.0
FreeAgent
10.0
Bank reconciliation
Abila MIP Fund Accounting
8.5
FreeAgent
10.0
Expense management
Abila MIP Fund Accounting
8.2
FreeAgent
10.0
Time tracking
Abila MIP Fund Accounting
6.9
FreeAgent
10.0
Fixed asset management
Abila MIP Fund Accounting
7.8
FreeAgent
8.6
Multi-currency support
Abila MIP Fund Accounting
7.0
FreeAgent
9.1
Multi-division support
Abila MIP Fund Accounting
8.4
FreeAgent
9.0
Regulations compliance
Abila MIP Fund Accounting
8.2
FreeAgent
8.7
Electronic tax filing
Abila MIP Fund Accounting
7.7
FreeAgent
9.0
Self-service portal
Abila MIP Fund Accounting
6.4
FreeAgent
9.0
Standardized Processes
Abila MIP Fund Accounting
7.0
FreeAgent
Journals and Reconciliations
Abila MIP Fund Accounting
FreeAgent
8.0

Inventory Management

Abila MIP Fund Accounting
4.2
FreeAgent
7.4
Inventory tracking
Abila MIP Fund Accounting
7.3
FreeAgent
7.7
Automatic reordering
Abila MIP Fund Accounting
1.0
FreeAgent
8.2
Location management
Abila MIP Fund Accounting
7.7
FreeAgent
4.5
Manufacturing module
Abila MIP Fund Accounting
1.0
FreeAgent
9.1

Order Management

Abila MIP Fund Accounting
4.7
FreeAgent
8.1
Pricing
Abila MIP Fund Accounting
6.5
FreeAgent
8.1
Order entry
Abila MIP Fund Accounting
7.0
FreeAgent
6.8
Credit card processing
Abila MIP Fund Accounting
2.5
FreeAgent
8.2
Cost of goods sold
Abila MIP Fund Accounting
2.7
FreeAgent
9.1

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.2
FreeAgent
8.4
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
FreeAgent
8.6
Configurable alerts
Abila MIP Fund Accounting
7.6
FreeAgent
9.1
Billing bypass
Abila MIP Fund Accounting
6.9
FreeAgent
9.1
Client template cloning
Abila MIP Fund Accounting
7.5
FreeAgent
8.2
Single sign-on
Abila MIP Fund Accounting
4.5
FreeAgent
9.1
Industry-specific versioning
Abila MIP Fund Accounting
8.0
FreeAgent
Legacy system data migration
Abila MIP Fund Accounting
7.7
FreeAgent
8.2
Branded client dashboards
Abila MIP Fund Accounting
FreeAgent
9.1
Client data consolidation for benchmarking
Abila MIP Fund Accounting
FreeAgent
8.2
Configurable client onboarding questions
Abila MIP Fund Accounting
FreeAgent
6.4

Pros

  • The flexibility of segment reporting allows us to generate detailed cost structures for multiple federal programs in a very efficient manner. This allows for effective and efficient on time reporting to funders.
  • The importing features allow for very efficient entry of high volume journal entries that also minimize mistakes.
Donavan Lam, CPA profile photo
  • Producing estimates/proposals and allowing you to easily convert them into invoices and then follow it all through to payment.
  • Keeping tabs of all my expenses and payments.
  • Producing the necessary documentation for VAT returns and Self Assesements.
Tim Edgeler profile photo

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
  • I am looking forward to the Android app being launched.
  • Being able to produce more in depth proposals which aren't just itemised accounts would be great.
Tim Edgeler profile photo

Likelihood to Renew

Abila MIP Fund Accounting9.2
Based on 42 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 Accounting8.9
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
FreeAgent9.1
Based on 4 answers
It's simple to use, intuitive, and makes my life simpler - not much more is required of software.
Eddie May profile photo

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
FreeAgent8.9
Based on 5 answers
Based in a cloud and never had any issues with down time. I can access from any device
Gavin Percy profile photo

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
FreeAgent9.1
Based on 1 answer
No answer on this topic is available.

Support

Abila MIP Fund Accounting8.7
Based on 35 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 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
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

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
I haven't used other products, I used freeagent and was so impressed that I've continued to use it and recommend to other
Russell Greig MCIArb 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
FreeAgent8.2
Based on 1 answer
No answer on this topic is available.

Return on Investment

  • Abila MIP Fund Accounting has enabled us to implement departmental budgeting and reporting. This has improved the accountability of department managers.
  • The software has enabled us to generate historical reports using GL detail. This has improved our ability to recognize trends in our business.
  • The software has enabled us to generate cross fiscal year reports. This has created opportunities to apply for a greater variety of grants.
Robert Bowsza profile photo
  • Much less time spend by me consolidating, filling forms and basic accounting functions
Gavin Percy profile photo

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

FreeAgent

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