Harpoon vs. MIP Fund Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Harpoon
Score 9.0 out of 10
N/A
Harpoon is a web-hosted accounting and finance app that helps freelancers and consultants set and meet their financial goals. In addition, Harpoon provides useful tools to help users collect revenue and manage finances. Features include time tracking, invoicing, expense tracking, project scheduling and more.  The vendor’s value proposition is that their solution that helps users boost their freelancing career.
$19
per month
MIP Fund Accounting
Score 8.7 out of 10
N/A
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
Pricing
HarpoonMIP Fund Accounting
Editions & Modules
Single User - Unlimited Everything
$19
per month
No answers on this topic
Offerings
Pricing Offerings
HarpoonMIP Fund Accounting
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
HarpoonMIP Fund Accounting
Small Businesses
FunctionFox
FunctionFox
Score 8.3 out of 10
QuickBooks Desktop Pro
QuickBooks Desktop Pro
Score 8.0 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.5 out of 10
Sage Intacct
Sage Intacct
Score 8.7 out of 10
Enterprises
TimeCamp
TimeCamp
Score 8.7 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
HarpoonMIP Fund Accounting
Likelihood to Recommend
9.0
(2 ratings)
8.8
(429 ratings)
Likelihood to Renew
-
(0 ratings)
9.2
(125 ratings)
Usability
-
(0 ratings)
8.2
(100 ratings)
Availability
-
(0 ratings)
9.8
(15 ratings)
Performance
-
(0 ratings)
8.5
(84 ratings)
Support Rating
10.0
(1 ratings)
7.8
(99 ratings)
In-Person Training
-
(0 ratings)
10.0
(8 ratings)
Online Training
-
(0 ratings)
8.3
(7 ratings)
Implementation Rating
-
(0 ratings)
6.5
(28 ratings)
Configurability
-
(0 ratings)
8.6
(8 ratings)
Ease of integration
-
(0 ratings)
7.8
(13 ratings)
Product Scalability
-
(0 ratings)
8.7
(15 ratings)
Vendor post-sale
-
(0 ratings)
8.3
(13 ratings)
Vendor pre-sale
-
(0 ratings)
8.1
(13 ratings)
User Testimonials
HarpoonMIP Fund Accounting
Likelihood to Recommend
Harpoon
I think Harpoon works best for freelancers, consultants, self employed people and smaller companies with less client to bill. For larger enterprises with hundreds or thousands of clients, there are larger, more intricate platforms in the market that are better suited for those needs.
Read full review
Community Brands
MIP Fund Accounting is well suited to any company that has multiple funding sources and expenses that they need to keep a close track on. In non-profit organizations we are looked at closely and it is important to be able to accurately show where our revenue comes from and where it is going. MIP Fund Accounting can handle that easily. It is not a system I would recommend to a small business as there are so many features that they would not need for the cost to them, at least not the versions we use.
Read full review
Pros
Harpoon
  • Makes Sending Invoices & Collecting Payment Easy, for Freelancers
  • Tracking Financial Goals (Monthly & Annual) & Projecting Future Results
  • Provides Insights On AR, Earned Income, Top Clients, and other helpful but highly relevant data points.
Read full review
Community Brands
  • General Ledger processing, including journal entries and reports
  • Ability to download all reports directly to Excel and PDF formats
  • Use of Grant codes to enable grant reporting by month/quarter/year
  • Ability to have multiple departments and consolidate into groups for reporting
  • Accounts Payable and Accounts Receivable cannot be out of balance
  • Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization
Read full review
Cons
Harpoon
  • Sometimes expense reporting bring up duplicate transactions, which may be more of a fault of the API that connects my account, which is Plaid
  • Would be nice if in the future, they can offer ACH as one of the payment options for invoices
  • There are some redundancies that pop up when setting time frames for client work and the projects attached to them. If they aren't aligned, it can cause inaccurate reporting. If it just sent it once and it took care of both functions, it would be easier
Read full review
Community Brands
  • Could be more streamlined
  • Could have a more basic version (it is a step up in complexity from quickbooks)
  • When trying to go back to a previous page/task (the 'done' or 'back' buttons) sometimes do go back too far, but sometimes they do. More consistency of how those buttons work would help.
Read full review
Likelihood to Renew
Harpoon
No answers on this topic
Community Brands
I would give this software a high ranking for my use of it because I have a lot of experience setting it up properly. What I would like to learn more about this program is it's Drillpoint add on feature as this has a lot of potential to allow managers instant access to their financials and invoices when set up correctly
Read full review
Usability
Harpoon
No answers on this topic
Community Brands
I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
Read full review
Reliability and Availability
Harpoon
No answers on this topic
Community Brands
I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
Read full review
Performance
Harpoon
No answers on this topic
Community Brands
We are able to generate reports in any format that we need to show the information that we have in a clear way that is easy for staff and our boards to read. We can easily run the reports agency-wide or break them down by fund or project, showing the details that we need.
Read full review
Support Rating
Harpoon
The few times I've needed help or had questions about the platform, the founder got back to me. And fairly fast. The extra effort resonated well with me
Read full review
Community Brands
I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
Read full review
In-Person Training
Harpoon
No answers on this topic
Community Brands
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.
Read full review
Online Training
Harpoon
No answers on this topic
Community Brands
Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
Read full review
Implementation Rating
Harpoon
No answers on this topic
Community Brands
Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
Read full review
Alternatives Considered
Harpoon
I've used Less Accounting and & Quickbooks Online. After Less Accounting was acquired, its development was mostly stopped. While the tool was a simple way to manage invoices and expenses, its directional philosophy changed with the new owners. Quickbooks Online was a solid tool, but the company support was unhelpful and hard to work with at times. Harpoon provides a great tool, with a company that cares about its users.
Read full review
Community Brands
This is the first time I've worked in the non-profit world. Accounting is somewhat different so I am very glad to be using a product designed specifically for non-profits. Many accounting processes are similar of course, but it is nice to have them tailored to fit the requirements of a non-profit organization.
Read full review
Scalability
Harpoon
No answers on this topic
Community Brands
The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
Read full review
Return on Investment
Harpoon
  • Clear and precise visibility of my financial status.
  • Projections of how I'm doing today, this month, and this year.
  • Clarity on what needs to happen with client development to reach my goals.
  • It shrinks the amount of time I spend on getting clients to pay my invoices.
Read full review
Community Brands
  • We don't use all the add-ons, but for the basic accounting that we need it for it is an excellent product. We have been using it since 2001. There are other products on the market, but this suits our needs completely.
  • It is easy to learn, with a lot of online support.
  • New staff learn to use the system quite easily.
Read full review
ScreenShots

Harpoon Screenshots

Screenshot of Harpoon's Dashboard showcases over a dozen crucial metrics to help you understand the health of your business. Enjoy the big picture view of your freelancing finances.Screenshot of Every business has expenses and Harpoon is the perfect place to track them. Assign expenses to your projects and easily add those expenses to invoices for reimbursement.Screenshot of You'll appreciate how simple it is to create invoices, and your clients will appreciate the one-click ease of making payments online. Harpoon's invoices are clean and beautiful, a perfect complement to the professional services and products you provide.Screenshot of All of a project's invoices, expenses, and recorded hours are grouped and organized in one convenient place ready for you to take action, or simply there for historical reference. Handy!Screenshot of Harpoon gives you powerful tools to track and organize your time. Simple one-click timers combined with flexible reporting puts you in total control of your business's tracked time.

MIP Fund Accounting Screenshots

Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions