What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings

FreshBooks

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Top Rated
125 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101

FreshBooks

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Top Rated
125 Ratings
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Score 8.4 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

I believe Abila is suited for organizations that have complex funding structures. Especially those organizations who have multiple funding sources with agencies that require different expense coding to ensure expenses are properly classified. I think Abila is not appropriate for small organizations whose chart of accounts may be less complex in addition to a lower operating budget.
Donavan Lam, CPA profile photo

FreshBooks

We used Freshbooks as an alternate source of invoicing (we use Stripe for recurring billing) and it works well in this setup. It is not meant for invoicing for Software-as-a-Service products.
Soneeka Arora profile photo

Feature Rating Comparison

Payroll Management

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

Customization

Abila MIP Fund Accounting
7.7
FreshBooks
7.0
API for custom integration
Abila MIP Fund Accounting
7.7
FreshBooks
7.0
Plug-ins
Abila MIP Fund Accounting
7.7
FreshBooks
7.0

Security

Abila MIP Fund Accounting
8.5
FreshBooks
9.0
Single sign-on capability
Abila MIP Fund Accounting
8.4
FreshBooks
10.0
Role-based user permissions
Abila MIP Fund Accounting
8.5
FreshBooks
8.0

Reporting & Analytics

Abila MIP Fund Accounting
7.5
FreshBooks
6.9
Dashboards
Abila MIP Fund Accounting
6.5
FreshBooks
7.9
Standard reports
Abila MIP Fund Accounting
7.9
FreshBooks
7.9
Custom reports
Abila MIP Fund Accounting
8.1
FreshBooks
4.8

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.7
FreshBooks
7.9
Accounts payable
Abila MIP Fund Accounting
8.5
FreshBooks
8.7
Accounts receivable
Abila MIP Fund Accounting
8.2
FreshBooks
8.6
Cash management
Abila MIP Fund Accounting
7.9
FreshBooks
7.0
Bank reconciliation
Abila MIP Fund Accounting
8.5
FreshBooks
7.0
Expense management
Abila MIP Fund Accounting
8.1
FreshBooks
7.6
Time tracking
Abila MIP Fund Accounting
6.8
FreshBooks
8.3
Fixed asset management
Abila MIP Fund Accounting
7.7
FreshBooks
Multi-currency support
Abila MIP Fund Accounting
6.6
FreshBooks
7.0
Multi-division support
Abila MIP Fund Accounting
8.3
FreshBooks
Regulations compliance
Abila MIP Fund Accounting
8.1
FreshBooks
8.1
Electronic tax filing
Abila MIP Fund Accounting
7.7
FreshBooks
Self-service portal
Abila MIP Fund Accounting
6.2
FreshBooks
9.1
Standardized Processes
Abila MIP Fund Accounting
6.9
FreshBooks

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
FreshBooks
8.5
Pricing
Abila MIP Fund Accounting
6.5
FreshBooks
7.4
Order entry
Abila MIP Fund Accounting
7.0
FreshBooks
7.9
Credit card processing
Abila MIP Fund Accounting
2.5
FreshBooks
8.6
Cost of goods sold
Abila MIP Fund Accounting
2.7
FreshBooks
10.0

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
FreshBooks
7.4
Client data roll-up capabilities
Abila MIP Fund Accounting
7.8
FreshBooks
Configurable alerts
Abila MIP Fund Accounting
7.4
FreshBooks
8.1
Billing bypass
Abila MIP Fund Accounting
6.8
FreshBooks
Client template cloning
Abila MIP Fund Accounting
7.5
FreshBooks
8.2
Single sign-on
Abila MIP Fund Accounting
4.5
FreshBooks
8.4
Industry-specific versioning
Abila MIP Fund Accounting
8.0
FreshBooks
Legacy system data migration
Abila MIP Fund Accounting
7.6
FreshBooks
Branded client dashboards
Abila MIP Fund Accounting
FreshBooks
5.0

Pros

  • Abila's functionality for our office includes fund accounting, grants managements, payroll, human resources, and timekeeping.
  • It allows us to report on multiple cost centers for multiple organizations and programs across all grants on the federal and state level.
  • The imbedded reports writer provides extensive reports and you can customize them anyway you want them or your board wants them.
Tracie Lambright profile photo
  • Invoicing - FreshBooks basically ensures our accountants spend less time on invoices via its automated invoicing system, which sends invoices to our customers and clients alike and also send them regular reminders for them to pay up their bills.
  • Collecting business insights - FreshBooks enable our company analysts measure our business performances via data reports provided by FreshBooks' intuitive dashboard. Allowing us do a comparative analysis of key business metrics of a current month against past months and determine if the business is growing.
  • Expense tracker - We have recently embraced FreshBooks as an expense tracker for teams at our company branch. Thusfar, FreshBooks has performed very well, making our expense management a perfect operation; ensuring teams do not exceed their planned budget and also eliminating the need for tracking expenses on excel spreadsheets.
Sandra Ikegwuonu profile photo

Cons

  • Sometimes pulling reports or building the reports to give you the results you want is difficult to achieve.
  • Creating budgets was a challenge at first as was updating those budgets when revisions occur.
  • We would like to see a copy and paste function added so when entering or changing descriptions you don't have to continually keep typing them over and over.
Tracie Lambright profile photo
  • Having bank feeds imported straight into the system like Xero does
  • Balance sheet is a bit cumbersome as it doesn't update figures automatically based on sales activity
  • Templated emails should have a quick warning before they are applied to the invoices
Stan Zaslavsky ★ 3D Visuals for Projects 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
FreshBooks6.6
Based on 18 answers
High cost is the main reason. Lack of real accounting abilities is a secondary reason. We're moving to Xero.
Deryk Wenaus profile photo

Usability

Abila MIP Fund Accounting8.9
Based on 37 answers
Overall, the software has many useful features and is generally east to use, however, when the Data Integrity Check function identifies a problem, it is not clear what caused the problem (so we can avoid making the same error in the future) and it requires us to call Customer Support to resolve the problem. This last step is unnecessarily time consuming.
Jeffrey Chapman profile photo
FreshBooks8.0
Based on 7 answers
It's a fantastic app, and it's very easy to use. I will admit, I don't use it so much anymore however because I already have great systems in place and I also don't like the limit on clients for the lite cost. I feel at $15/mo you should be able to manage more clients than 5. I don't use as many as 50 clients a month, but I certainly manage more than 5 as a freelancer.But overall, the usability is easy and I'd recommend it to people who don't already know how to manage their books.
Mandy Cramer profile photo

Reliability and Availability

Abila MIP Fund Accounting9.0
Based on 6 answers
The only time we have had a big issue is when our server went out, and this was not a MIP issue
Frances LeClair profile photo
FreshBooks10.0
Based on 2 answers
FreshBooks is easy to use and always works!
Matt Franko profile photo

Performance

Abila MIP Fund Accounting9.9
Based on 6 answers
We have had problems with MIP's ability to integrate with other software or systems. Just makes for a longer shopping time when searching for products we need to integrate with MIP
Frances LeClair profile photo
FreshBooks8.0
Based on 1 answer
No answer on this topic is available.

Support

Abila MIP Fund Accounting8.7
Based on 35 answers
They consistently provide quality, knowledgeable service to my questions and concerns. The only reason I am not giving them a 10 is because recently the hold time on the telephone has been much longer than in the past. the quality of the customer service, once I speak to a representative continues to be of a high quality, but the delays are atypical of previous encounters.
Jeffrey Chapman profile photo
FreshBooks7.0
Based on 3 answers
I think that their online tools and resources are great and concise but would like it more if you knew what improvements were in the pipeline. There are a number of features or tweaks that I've seen suggested but I don't really know if anyone from FreshBooks is listening to them or if they're being worked on.
LaToya M. Davidson-Perez profile photo

In-Person Training

Abila MIP Fund Accounting8.0
Based on 6 answers
Very knowledgeable and able to adapt to any users level
karen hoffman 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 cannot answer this question as I wasn't employed here when it was implemented.
Cindy Chapple profile photo
FreshBooks10.0
Based on 1 answer
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
Kathleen Allardyce profile photo

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
The software we selected is because the learning curve is very kind. Once we draw the way we manage our business, we understand we have to make some changes in order to adjust to the new software. This software allows us to reflect every aspect of the business, costs and income, every one of them detailed. The software allows us to let technical people manage their own time and prepare products and send tickets to the administration department to send invoices, focusing on the geographical job. This also allows us to manage the whole business and to know each other as a small business to run.
Yemsi Pino profile photo

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
FreshBooks7.0
Based on 1 answer
A good software just not as familiar as QuickBooks Online
Brent Bement, CPA 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

  • Having all the modules in one convenient place has saved our company money as well as time.
  • Our finance team is much more efficient because of the combined modules, its a one-stop shop!
  • One negative impact is how long it takes someone to be trained to use the software effectively and efficiently.
Tracie Lambright profile photo
  • Helped us track and bill for our time better
  • Helped us track overdue invoices and get payments online
  • When we were small,our monthly fee was quite high. I've found this very frustrating and the main reason to move away.
Deryk Wenaus profile photo

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

FreshBooks

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
FreshBooks Editions & Modules
FreshBooks
Edition
Lite
$15
Plus
$25
Premium
$50
Additional Pricing Details