What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings

Harvest

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Top Rated
76 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101

Harvest

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Top Rated
76 Ratings
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Score 8.5 out of 101

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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

Harvest

Harvest would be great for any small to midsize agency (5-55 people) that is looking to better manage and more importantly, better report on time. It allows for transparency with your clients as well as within your agency. It would be less appropriate to be used as a clock in and clock out system if that is how your agency or company operates. This platform does a great job at making it customizable to your time tracking needs, no matter how mundane or extravagant they are.
Chandler Elmore profile photo

Feature Rating Comparison

Payroll Management

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

Customization

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

Security

Abila MIP Fund Accounting
8.5
Harvest
Single sign-on capability
Abila MIP Fund Accounting
8.4
Harvest
Role-based user permissions
Abila MIP Fund Accounting
8.5
Harvest

Reporting & Analytics

Abila MIP Fund Accounting
7.5
Harvest
Dashboards
Abila MIP Fund Accounting
6.5
Harvest
Standard reports
Abila MIP Fund Accounting
7.9
Harvest
Custom reports
Abila MIP Fund Accounting
8.1
Harvest

General Ledger and Configurable Accounting

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

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
Harvest
Pricing
Abila MIP Fund Accounting
6.5
Harvest
Order entry
Abila MIP Fund Accounting
7.0
Harvest
Credit card processing
Abila MIP Fund Accounting
2.5
Harvest
Cost of goods sold
Abila MIP Fund Accounting
2.7
Harvest

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
Harvest
Client data roll-up capabilities
Abila MIP Fund Accounting
7.8
Harvest
Configurable alerts
Abila MIP Fund Accounting
7.4
Harvest
Billing bypass
Abila MIP Fund Accounting
6.8
Harvest
Client template cloning
Abila MIP Fund Accounting
7.5
Harvest
Single sign-on
Abila MIP Fund Accounting
4.5
Harvest
Industry-specific versioning
Abila MIP Fund Accounting
8.0
Harvest
Legacy system data migration
Abila MIP Fund Accounting
7.6
Harvest

Pros

  • Reporting - MIP is particularly strong in reporting. We have been able to create custom reports for all major funding sources, strong internal reports for senior management and the board of trustees, and detailed general ledger reports to ensure data is being accurately entered into the accounting system.
  • Accounts Payable/Receivable processing & reporting - MIP has allowed us to add efficiency to these 2 key areas of our department. The entering and reviewing of accounts payable has become easier, and we have significantly reduced the time it takes to file accounts payable invoices (invoices are now being filed by batch, previously they were being filed alphabetically, which took a significant amount of time). The accounts receivable process has been streamlined through MIP. Invoicing tenants, pledges and grants are setup as recurring invoices, which makes this process very easy on a monthly basis. Also, internal monitoring of outstanding accounts receivable has been improved due to MIP's ability to generate custom accounts receivable reports.
  • Copying sessions/setting up recurring entries - MIP allows you to copy previous sessions that have been posted into the accounting system. Being a non-profit, some of our allocation journal entries and other entries can be quite large. The ability to copy a session that has been previously posted saves us a significant amount of time. MIP also allows you to setup weekly/monthly recurring entries. Again, not having to manually enter these entries on a weekly/month basis saves us a significant amount of time.
Tamour Kousha profile photo
  • Time tracking. It has a simple interface that makes it easy for each employee to watch thier time in and what they spent their day/ week/ monthly effort on.
  • Harvest also allows easy setup. Their platform has all the necessary tools to get going including an import tool that you can use to push information over from a previous time tracking software.
  • Harvest also has fantastic customer service.
Chandler Elmore profile photo

Cons

  • Budgeting - with dozens of staff that build up pieces of the budget that get rolled up together and then adjusted to balance each year we need a tool that incorporates all of the work and allows us to utilize our current reports to assess how close we are to balancing. Doing all of this work offline in Excel and then uploading spreadsheets is not efficient and is open for errors.
  • Improved reports - one of the most challenging areas of a generally good reporting tool is the stair step reports for financials. While these are frequently fine, we need to be able to produce reports with the entire GL string across one line.
Joe Weist profile photo
  • Lack of permission sets (need more flexible or customizable permissions)
  • Adoption by the team (not the software's fault, time tracking in general is tough to implement)
No photo available

Likelihood to Renew

Abila MIP Fund Accounting9.2
Based on 42 answers
Since our system has been in place for almost ten years, we occasionally talk about doing a new implementation. We do not talk about moving to a different product. Abila has many options for support, including cloud support, that we can evaluate. The overall satisfaction between HR, Payroll and Accounting is high. We have taken advantage of training and have developed a good level of expertise and the program upgrade features do not require reworking our processes. We have not found the product to impede any of our process improvements and find new ways to utilize the features as time goes on.
Maryann Freepartner profile photo
No score
No answers yet
No answers on this topic

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
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 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 Accounting8.7
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
Harvest6.0
Based on 1 answer
They got back to me quickly, although couldn't resolve my problem due to my subscription level.
No photo available

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
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
Jeffrey Chapman profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

Abila was implemented based on the recommendation of our IT consultants. The flexibility of the system along with the ability to meet our needs for providing positive pay information to our bank were key elements that we needed. We have not evaluated other packages for a very long time.
Joe Weist profile photo
We already had Harvest implemented at my company, but the setup was lacking good structure. It was questioned if it was the appropriate tool and I determined that it just needed to be revamped to properly support the business. My recommendation is to set up Harvest however you would like to see billing done.
No photo available

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
No score
No answers yet
No answers on this topic

Return on Investment

  • We are still on-premise
Kayza Kleinman profile photo
  • Big ROI with no changes in people or time spent. Just good tracking
  • Hard to adopt for IT individuals who work in cycles that are not based around 'time'
  • Super easy to have a consultant build API connectors and custom integrations.
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

Harvest

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