What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

SAP ERP

Top Rated
235 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

SAP ERP

Top Rated
235 Ratings
Score 7.8 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

SAP ERP

Well suitable for large organizations with complex business processes. It provides best practices and built-in processes for a wide range of industries – from manufacturing and distribution to professional services and retail.
No photo available

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
SAP ERP
6.8
Pay calculation
Abila MIP Fund Accounting
8.6
SAP ERP
5.0
Benefit plan administration
Abila MIP Fund Accounting
8.1
SAP ERP
7.8
Direct deposit files
Abila MIP Fund Accounting
8.7
SAP ERP
7.1
Salary revision and increment management
Abila MIP Fund Accounting
7.3
SAP ERP
6.3
Reimbursement management
Abila MIP Fund Accounting
7.3
SAP ERP
7.7

Customization

Abila MIP Fund Accounting
7.3
SAP ERP
7.5
API for custom integration
Abila MIP Fund Accounting
7.4
SAP ERP
7.2
Plug-ins
Abila MIP Fund Accounting
7.3
SAP ERP
7.9

Security

Abila MIP Fund Accounting
8.3
SAP ERP
8.4
Single sign-on capability
Abila MIP Fund Accounting
8.3
SAP ERP
8.2
Role-based user permissions
Abila MIP Fund Accounting
8.4
SAP ERP
8.5

Reporting & Analytics

Abila MIP Fund Accounting
7.4
SAP ERP
7.2
Dashboards
Abila MIP Fund Accounting
6.5
SAP ERP
6.7
Standard reports
Abila MIP Fund Accounting
7.8
SAP ERP
7.5
Custom reports
Abila MIP Fund Accounting
7.9
SAP ERP
7.3

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
SAP ERP
8.3
Accounts payable
Abila MIP Fund Accounting
8.5
SAP ERP
7.7
Accounts receivable
Abila MIP Fund Accounting
8.1
SAP ERP
7.4
Cash management
Abila MIP Fund Accounting
8.0
SAP ERP
Bank reconciliation
Abila MIP Fund Accounting
8.4
SAP ERP
Expense management
Abila MIP Fund Accounting
8.0
SAP ERP
Time tracking
Abila MIP Fund Accounting
7.2
SAP ERP
Fixed asset management
Abila MIP Fund Accounting
7.6
SAP ERP
Multi-currency support
Abila MIP Fund Accounting
6.2
SAP ERP
Multi-division support
Abila MIP Fund Accounting
8.1
SAP ERP
Regulations compliance
Abila MIP Fund Accounting
7.9
SAP ERP
Electronic tax filing
Abila MIP Fund Accounting
7.6
SAP ERP
Self-service portal
Abila MIP Fund Accounting
5.7
SAP ERP
Standardized Processes
Abila MIP Fund Accounting
6.6
SAP ERP

Inventory Management

Abila MIP Fund Accounting
4.2
SAP ERP
7.7
Inventory tracking
Abila MIP Fund Accounting
7.3
SAP ERP
8.3
Automatic reordering
Abila MIP Fund Accounting
1.0
SAP ERP
7.3
Location management
Abila MIP Fund Accounting
7.7
SAP ERP
7.5
Manufacturing module
Abila MIP Fund Accounting
1.0
SAP ERP
7.5

Order Management

Abila MIP Fund Accounting
4.7
SAP ERP
7.3
Pricing
Abila MIP Fund Accounting
6.7
SAP ERP
7.9
Order entry
Abila MIP Fund Accounting
6.8
SAP ERP
7.3
Credit card processing
Abila MIP Fund Accounting
2.5
SAP ERP
6.2
Cost of goods sold
Abila MIP Fund Accounting
2.7
SAP ERP
7.9

Accounting Firm BPO Features

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

Pros

  • I particularly like the copy/rename reports features. It allows the user to make slight changes to reports they may use frequently and save the report with a new name. This saves time when detailed reports are needed quickly.
  • I like the payroll function and the ability to allocate payroll between accounts rather than to calculate it manually.
  • I appreciate the recaps at the bottom of the AP & JV screens which show the accounts being referenced and whether the transaction is balance. It is a good double check.
Christine Frenzel profile photo
  • The interface is clean and intuitive. Besides that, SAP is a well-known standard wich is recognized and used also by many of our newly incorporated companies. This is clearly a pros in terms of time spent on resources training.
  • The elaboration of data is quick even after a big expansion of our consolidation perimeter.
  • Also the reporting routine performance (with the different release updates) have become faster despite an increasing list of accounts and other accounting dimensions.
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
  • User interface
  • Speed to implement
  • Ability to customize
No photo available

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
We are not in the market for a new solution as this product works well for us and renewal is affordable.
Christine Ulshoffer profile photo
SAP ERP8.6
Based on 4 answers
The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
Todd Bellamy profile photo

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
The system is easy to use because the modules are consistent throughout
karen hoffman profile photo
SAP ERP8.0
Based on 1 answer
Once you learn how to use SAP ERP, it becomes a powerful tool for analysis and inventory management.
No photo available

Reliability and Availability

Abila MIP Fund Accounting8.9
Based on 6 answers
I refer back to the previous questions. It has suddenly quit on me.
Christine Frenzel profile photo
SAP ERP10.0
Based on 1 answer
No answer on this topic is available.

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 Accounting8.4
Based on 30 answers
The technical support team is thorough, and understands accounting as well as technical issues. If a challenge arises, the issue is escalated. Although that has rarely happened.
karen hoffman profile photo
SAP ERP3.0
Based on 1 answer
No answer on this topic is available.

In-Person Training

Abila MIP Fund Accounting7.9
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 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 cannot answer this question as I wasn't employed here when it was implemented.
Cindy Chapple profile photo
SAP ERP3.0
Based on 1 answer
No answer on this topic is available.

Alternatives Considered

I have not had an opportunity to compare this system to others. I had no input in selecting this system. I would have liked to have compared it to other systems in terms of ease of use/intuitiveness, flexibility and granularity of report development, and capabilities in dealing with prior year adjustments and their effect on trial balance reporting. On those counts, I do not think the system scores very high
Thomas Harty profile photo
Oracle EBS, Oracle PeopleSoft, JDEdwards, Netsuite or Workday.
Albano García Pelaz 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

  • A lot of time saving on processes. With the addition of the import feature it has cut our data entry in half.
Luis Godoy profile photo
  • Increase in employee efficiency by being able to process more transactions
  • Better customer service with easy access to the information needed to provide the answer quickly
  • More timely reporting to management and customers with accurate information
Linda Keesling, MBA profile photo

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

SAP ERP

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