What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Kepion Planning

2 Ratings
Score 8.6 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

Kepion Planning

The solution works extremely well for companies in complicated operations or with the ambition to forecast their operations on a driver based way or wanting to have the ability to create different scenarios based on external or internal drivers. It is a perfect piece of an existing analytical infrastructure (DWH/BI) lacking a planning solution on top.
Sindri Sigurjonsson profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Kepion Planning
Pay calculation
Abila MIP Fund Accounting
8.6
Kepion Planning
Benefit plan administration
Abila MIP Fund Accounting
8.1
Kepion Planning
Direct deposit files
Abila MIP Fund Accounting
8.7
Kepion Planning
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Kepion Planning
Reimbursement management
Abila MIP Fund Accounting
7.3
Kepion Planning

Customization

Abila MIP Fund Accounting
7.3
Kepion Planning
API for custom integration
Abila MIP Fund Accounting
7.4
Kepion Planning
Plug-ins
Abila MIP Fund Accounting
7.3
Kepion Planning

Security

Abila MIP Fund Accounting
8.3
Kepion Planning
Single sign-on capability
Abila MIP Fund Accounting
8.3
Kepion Planning
Role-based user permissions
Abila MIP Fund Accounting
8.4
Kepion Planning

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Kepion Planning
Dashboards
Abila MIP Fund Accounting
6.5
Kepion Planning
Standard reports
Abila MIP Fund Accounting
7.8
Kepion Planning
Custom reports
Abila MIP Fund Accounting
7.9
Kepion Planning

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Kepion Planning
Accounts payable
Abila MIP Fund Accounting
8.5
Kepion Planning
Accounts receivable
Abila MIP Fund Accounting
8.1
Kepion Planning
Cash management
Abila MIP Fund Accounting
8.0
Kepion Planning
Bank reconciliation
Abila MIP Fund Accounting
8.4
Kepion Planning
Expense management
Abila MIP Fund Accounting
8.0
Kepion Planning
Time tracking
Abila MIP Fund Accounting
7.2
Kepion Planning
Fixed asset management
Abila MIP Fund Accounting
7.6
Kepion Planning
Multi-currency support
Abila MIP Fund Accounting
6.2
Kepion Planning
Multi-division support
Abila MIP Fund Accounting
8.1
Kepion Planning
Regulations compliance
Abila MIP Fund Accounting
7.9
Kepion Planning
Electronic tax filing
Abila MIP Fund Accounting
7.6
Kepion Planning
Self-service portal
Abila MIP Fund Accounting
5.7
Kepion Planning
Standardized Processes
Abila MIP Fund Accounting
6.6
Kepion Planning

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.7
Kepion Planning
Pricing
Abila MIP Fund Accounting
6.7
Kepion Planning
Order entry
Abila MIP Fund Accounting
6.8
Kepion Planning
Credit card processing
Abila MIP Fund Accounting
2.5
Kepion Planning
Cost of goods sold
Abila MIP Fund Accounting
2.7
Kepion Planning

Accounting Firm BPO Features

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

Budgeting, Planning, and Forecasting

Abila MIP Fund Accounting
Kepion Planning
7.7
Long-term financial planning
Abila MIP Fund Accounting
Kepion Planning
8.7
Financial budgeting
Abila MIP Fund Accounting
Kepion Planning
8.2
Forecasting
Abila MIP Fund Accounting
Kepion Planning
8.2
Scenario modeling
Abila MIP Fund Accounting
Kepion Planning
7.8
Management reporting
Abila MIP Fund Accounting
Kepion Planning
5.5

Consolidation and Close

Abila MIP Fund Accounting
Kepion Planning
7.4
Financial data consolidation
Abila MIP Fund Accounting
Kepion Planning
6.8
Journal entries and reports
Abila MIP Fund Accounting
Kepion Planning
6.8
Multi-currency management
Abila MIP Fund Accounting
Kepion Planning
8.2
Intercompany Eliminations
Abila MIP Fund Accounting
Kepion Planning
7.3
Minority Ownership
Abila MIP Fund Accounting
Kepion Planning
6.0
Local and consolidated reporting
Abila MIP Fund Accounting
Kepion Planning
7.8
Detailed Audit Trails
Abila MIP Fund Accounting
Kepion Planning
8.6

FInancial Reporting and Compliance

Abila MIP Fund Accounting
Kepion Planning
6.8
Financial Statement Reporting
Abila MIP Fund Accounting
Kepion Planning
7.6
Management Reporting
Abila MIP Fund Accounting
Kepion Planning
5.5
Excel-based Reporting
Abila MIP Fund Accounting
Kepion Planning
8.7
Automated board and financial reporting
Abila MIP Fund Accounting
Kepion Planning
6.8
XBRL support for regulatory filing
Abila MIP Fund Accounting
Kepion Planning
5.5

Analytics

Abila MIP Fund Accounting
Kepion Planning
6.4
Personalized dashboards
Abila MIP Fund Accounting
Kepion Planning
5.5
Color-coded scorecards
Abila MIP Fund Accounting
Kepion Planning
5.9
KPIs
Abila MIP Fund Accounting
Kepion Planning
5.9
Cost and profitability analysis
Abila MIP Fund Accounting
Kepion Planning
8.2
Key Performance Indicator setting
Abila MIP Fund Accounting
Kepion Planning
5.9
Benchmarking with external data
Abila MIP Fund Accounting
Kepion Planning
6.8

Integration

Abila MIP Fund Accounting
Kepion Planning
8.4
Flat file integration
Abila MIP Fund Accounting
Kepion Planning
9.1
Excel data integration
Abila MIP Fund Accounting
Kepion Planning
8.7
Direct links to 3rd-party data sources
Abila MIP Fund Accounting
Kepion Planning
7.4

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
  • Customizable platform: Enables its users to handle just about any kind of budgeting scenarios tailored to each customer needs, whether based on drivers, allocations integrations with other systems (such as S&OP processes).
  • Easy integration with other systems: As data is stored within an MS SQL database it is very easy to integrate other applications with it for reporting, such as Tableau or PowerBI or from other downline systems such as S&OP.
  • Real-time: Enables the possibility to calculate bottom line results for all applications immediately allowing the possibility to calculate easily what-if scenarios.
  • Not stuck: within a single way of budgeting. as part of the beyond budgeting movement, companies have been creating a more driver-based high-level forecasting which is often a problem with specific budgeting systems that are locked within the P&L statement. Here you can make it as simple or as complicated as needed.
Sindri Sigurjonsson 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
  • Silverlight functionality is outdated which makes the front end solution a little bit old compared to latest UI. They will be tackling it in Q2 2018, but it leaves users wanting for more.
  • Reporting functionalities: Are not state of the art, we recommend users creating official reports within Kepion, but focusing on Tableau or PowerBI for reporting purposes as this is not and will never be Kepion strengths compared to the likes of Tableau.
  • Being customizable is great, however, the solution is not an out-of-the-box solution and does require a little integration to work. For smaller companies (under 5M USD) I would still recommend Excel.
Sindri Sigurjonsson profile photo

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
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
MIP is fairly easy to learn and to update. Whether it's transaction entry or reporting it has logical steps and maintains consistency. These are things that make usability a positive and not a negative.
Nikki Patterson profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting8.9
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
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.4
Based on 30 answers
Support has been extremely helpful when I've had to call. All issues have been resolved on the first try. They have often given me ideas to try and where to look to find additional help if needed. Never seem to busy to answer a question and ready to listen to the customer.
Janet Resendiz profile photo
No score
No answers yet
No answers on this topic

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
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
We are a Microsoft gold analytics partner. As such, we were looking for a Microsoft friendly solution which would fit into our analytics stack with Tableau on top. Kepion is a lightweight easy to use solution which integrates perfectly with the Microsoft framework. It is much easier to use and intuitive than the heavy Cognos and SAP/BO systems. However, if my existing infrastructure is Cognos, SAP or Oracle I would consider using that technology. For Microsoft SQL companies this is a great choice.
Sindri Sigurjonsson profile photo

Collaboration and Sharing

No score
No answers yet
No answers on this topic
Kepion Planning8.2
Based on 2 answers
Uses the MS SSAS security functionalities to control access to who does what and then has a second layer with dashboards. It works very well in doing this with both AD and Azure capabilities for connections
Sindri Sigurjonsson profile photo

Data Integration

No score
No answers yet
No answers on this topic
Kepion Planning8.7
Based on 2 answers
As Kepion uses a Microsoft SQL Server it's very easy to integrate other tools into it. You can paste from Excel or import CSV manually. It is perfect to read data in or export data from the tool.
Sindri Sigurjonsson profile photo

Scalability

Abila MIP Fund Accounting8.9
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

  • 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
No answers on this topic

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

Kepion Planning

General
Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Kepion Planning Editions & Modules
Kepion Planning
On-premise Edition
On premise Install
$01
1. Contact Us
SaaS Edition
Cloud Planning
$01
1. Contact Us
Additional Pricing Details
Please contact us at sales@kepion.com for more details.