What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings
1 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101
1 Ratings
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Score 9 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

PlanGuru

I suggest becoming fully familiar with the program before first time use as it can become costly and a charge off to a client would not be practical.
No photo available

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
7.7
PlanGuru
Pay calculation
Abila MIP Fund Accounting
8.7
PlanGuru
Benefit plan administration
Abila MIP Fund Accounting
7.2
PlanGuru
Direct deposit files
Abila MIP Fund Accounting
8.6
PlanGuru
Salary revision and increment management
Abila MIP Fund Accounting
7.1
PlanGuru
Reimbursement management
Abila MIP Fund Accounting
6.8
PlanGuru

Customization

Abila MIP Fund Accounting
8.0
PlanGuru
API for custom integration
Abila MIP Fund Accounting
7.9
PlanGuru
Plug-ins
Abila MIP Fund Accounting
8.0
PlanGuru

Security

Abila MIP Fund Accounting
8.5
PlanGuru
Single sign-on capability
Abila MIP Fund Accounting
8.5
PlanGuru
Role-based user permissions
Abila MIP Fund Accounting
8.6
PlanGuru

Reporting & Analytics

Abila MIP Fund Accounting
7.6
PlanGuru
Dashboards
Abila MIP Fund Accounting
6.8
PlanGuru
Standard reports
Abila MIP Fund Accounting
8.0
PlanGuru
Custom reports
Abila MIP Fund Accounting
8.0
PlanGuru

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.8
PlanGuru
Accounts payable
Abila MIP Fund Accounting
8.5
PlanGuru
Accounts receivable
Abila MIP Fund Accounting
8.2
PlanGuru
Cash management
Abila MIP Fund Accounting
8.0
PlanGuru
Bank reconciliation
Abila MIP Fund Accounting
8.5
PlanGuru
Expense management
Abila MIP Fund Accounting
8.2
PlanGuru
Time tracking
Abila MIP Fund Accounting
7.0
PlanGuru
Fixed asset management
Abila MIP Fund Accounting
7.7
PlanGuru
Multi-currency support
Abila MIP Fund Accounting
7.2
PlanGuru
Multi-division support
Abila MIP Fund Accounting
8.3
PlanGuru
Regulations compliance
Abila MIP Fund Accounting
8.2
PlanGuru
Electronic tax filing
Abila MIP Fund Accounting
7.8
PlanGuru
Self-service portal
Abila MIP Fund Accounting
6.6
PlanGuru
Standardized Processes
Abila MIP Fund Accounting
7.1
PlanGuru

Inventory Management

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

Order Management

Abila MIP Fund Accounting
4.8
PlanGuru
Pricing
Abila MIP Fund Accounting
6.7
PlanGuru
Order entry
Abila MIP Fund Accounting
7.2
PlanGuru
Credit card processing
Abila MIP Fund Accounting
2.5
PlanGuru
Cost of goods sold
Abila MIP Fund Accounting
2.7
PlanGuru

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.1
PlanGuru
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
PlanGuru
Configurable alerts
Abila MIP Fund Accounting
7.7
PlanGuru
Billing bypass
Abila MIP Fund Accounting
7.1
PlanGuru
Client template cloning
Abila MIP Fund Accounting
7.2
PlanGuru
Single sign-on
Abila MIP Fund Accounting
4.5
PlanGuru
Industry-specific versioning
Abila MIP Fund Accounting
8.0
PlanGuru
Legacy system data migration
Abila MIP Fund Accounting
7.5
PlanGuru

Pros

  • Data conversion from our previous system to Abila MIP Fund Accounting was made as seamlessly as possible. We were able to successfully integrate without trouble and leaving us with continuity in our data.
  • The help that we received in developing SOPs for our growing organization proved difficult prior to using the help from Abila MIP. Once we were up and running with the service we got what we needed and were able to make our organization's procedures as ordered as a larger and more established company would have.
  • The ability to see where our funds would most effectively be spent helped us utilize them so that we could make best use four our investors.
Brandon Adawi profile photo
  • Allows for several different scenarios for the same company
  • Modification in specifications alterable
  • Allows for changes at any level with several criteria.
No photo available

Cons

  • The print on the screen is so small (probably an 8 font), it is hard to read for older users.
  • I would like to be able to change the name of a vendor without deleting it and then re-adding it which loses the history. Sometimes company names change but other aspects remain the same. Or you may mistype a name and need to correct it.
  • There is no easy way to change the chart of accounts if you need to do renumbering. If the person establishing the chart of accounts isn't experienced with it, there is no way to correct the mistakes. This is true especially for the numbering order and leaving enough space between numbers.
  • I wish there was a hard copy manual that clarifies what happens when specific information is typed or requested. For example: What happens in the system when you are writing a reversing journal entry. It allows for 4 different types of reversing entries, but doesn't identify the difference so one would know which one to select.
  • I would like to be able to refer back to other reports when using the "drill-down". The system doesn't allow for that.
Christine Frenzel profile photo
  • Can be a bit complicated for new users.
No photo available

Likelihood to Renew

Abila MIP Fund Accounting9.2
Based on 42 answers
Abila MIP is a great product to meet our needs in terms of accounting, reporting with a good security to provide access to those that need it. It is fairly flexible and scalable.
Joan A. Cox, CMA CPA profile photo
PlanGuru7.0
Based on 1 answer
It hasn't really been a viable program for our office.
No photo available

Usability

Abila MIP Fund Accounting8.8
Based on 38 answers
The system is very usable from my point of view - we have not experienced any difficulty in the daily functions
Christine Ulshoffer profile photo
PlanGuru8.0
Based on 1 answer
No answer on this topic is available.

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
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 Accounting8.7
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 Accounting6.8
Based on 4 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
Make sure you know what you need and how to minimize potential errors due to training shortfalls
Joan A. Cox, CMA CPA profile photo
PlanGuru9.0
Based on 1 answer
Great tool for projections and forecasting.
No photo available

Alternatives Considered

I personally have used QuickBooks, Quicken, and a long-ago product by Software International. QuickBooks and Quicken are easier to use, but do not provide the reporting that Abila provides. Non-profits need an easy way to allocate expenses between grants, especially payroll. They also need to be able to provide reporting by grants. Abila seems to be able to provide this system.
Christine Frenzel profile photo
We contacted PlanGuru for a low-cost module initially for use on a particular client. It has been used several times since by my department for projections. It's fairly adaptable with our QuickBooks business clients.
No photo available

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

  • We have been using the software for many years and it allows for full support of our business objectives.
  • QuickBooks is a joke when compared to a true accounting software solution like Abila MIP Fund Accounting.
Julie Johnston profile photo
  • There hasn't really been much use of this product for some time.
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

PlanGuru

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