What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Shoeboxed

2 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Shoeboxed

2 Ratings
Score 9.6 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

Shoeboxed

I'm not sure how Shoeboxed can be used in a large organization, but for our small business, it is perfect. I'm the only one who deals with our finances and works with our accountant and for that Shoeboxed is simply my lifesaver and worth so much more for not just all the time it saves me but all the worries and headaches too.
Rachel Walter profile photo

Feature Rating Comparison

Payroll Management

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

Customization

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

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

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

Inventory Management

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

Order Management

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

Accounting Firm BPO Features

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

Pros

  • The vast array of account segmenting allows us to break down our business in many different ways, which gets us the information we need to make sure we are doing business right.
  • We love the ability to process vendor EFT payments, which fits our green thinking and saves lots of paper.
  • Having a cloud based platform allows us to work more efficiently and not have to worry about using the most recent version or keeping up with payroll updates.
Eric Harvey profile photo
  • Scans all my documents for me
  • Multiple ways to send receipts in - from my phone, email, via mail, etc
  • Can invite multiple users
  • Integrations into Quickbooks, Evernote, etc.
Rachel Walter 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
  • I had some issues with the mobile app in the past - where it crashes or gets stuck uploading. I think they fixed most of that, however, I transitioned to simply mailing my documents off to them.
Rachel Walter profile photo

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy profile photo
No score
No answers yet
No answers on this topic

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
No score
No answers yet
No answers on this topic

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
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 Accounting8.4
Based on 30 answers
There's usually a 30 minute wait time. Most reps are knowledgeable, but I did once get someone who sounded clueless and frightened by my questions. I also was twice not able to have my issue resolved due to limitations with the software
Ryan Husbands, MBA, CPA profile photo
No score
No answers yet
No answers on this topic

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
MUST have a good partner to guide you through the set up steps. A seasoned organization is imperative. They can help navigate issues because they have dealt with them before.
Jan Crockett 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 felt we got more customized support through Shoeboxed and pricing was competitive.
Markus Zähringer 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

  • Having all the modules in one convenient place has saved our company money as well as time.
  • Our finance team is much more efficient because of the combined modules, its a one-stop shop!
  • One negative impact is how long it takes someone to be trained to use the software effectively and efficiently.
Tracie Lambright profile photo
  • It saves me, I would say, at least 2-3 hours each week
  • We probably generate 'better' tax returns - more deductions and save on our accountant in the process, since they have everything perfectly prepped
Rachel Walter 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

Shoeboxed

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