What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

CCH Tagetik

Top Rated
34 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

CCH Tagetik

Top Rated
34 Ratings
Score 8 out of 101

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Likelihood to Recommend

Abila MIP Fund Accounting

Because I work in the FQHC world, I would recommend this product specifically for any business or end user within that field. This product allows people in this field to comply with federal reporting requirements, makes it easier to track grants, and allows for the slicing and dicing of financial statements in many ways which is important in this field. This product is good for most day to day accounting functions and is pretty robust as well for an FQHC. This product is probably less appropriate for large healthcare systems where you want to keep track of statistics which this product cannot currently do.
Erich Koch profile photo

CCH Tagetik

Tagetik is very suited for consolidation but not appropriate for GL detail.
Susan Heffern profile photo

Feature Rating Comparison

Payroll Management

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

Customization

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

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

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

Inventory Management

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

Order Management

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

Accounting Firm BPO Features

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

Budgeting, Planning, and Forecasting

Abila MIP Fund Accounting
CCH Tagetik
7.4
Long-term financial planning
Abila MIP Fund Accounting
CCH Tagetik
7.6
Financial budgeting
Abila MIP Fund Accounting
CCH Tagetik
7.7
Forecasting
Abila MIP Fund Accounting
CCH Tagetik
7.0
Scenario modeling
Abila MIP Fund Accounting
CCH Tagetik
7.5
Management reporting
Abila MIP Fund Accounting
CCH Tagetik
7.4

Consolidation and Close

Abila MIP Fund Accounting
CCH Tagetik
7.6
Financial data consolidation
Abila MIP Fund Accounting
CCH Tagetik
7.6
Journal entries and reports
Abila MIP Fund Accounting
CCH Tagetik
7.5
Multi-currency management
Abila MIP Fund Accounting
CCH Tagetik
7.9
Intercompany Eliminations
Abila MIP Fund Accounting
CCH Tagetik
8.0
Minority Ownership
Abila MIP Fund Accounting
CCH Tagetik
7.1
Local and consolidated reporting
Abila MIP Fund Accounting
CCH Tagetik
7.4
Detailed Audit Trails
Abila MIP Fund Accounting
CCH Tagetik
7.6

FInancial Reporting and Compliance

Abila MIP Fund Accounting
CCH Tagetik
7.4
Financial Statement Reporting
Abila MIP Fund Accounting
CCH Tagetik
7.0
Management Reporting
Abila MIP Fund Accounting
CCH Tagetik
7.3
Excel-based Reporting
Abila MIP Fund Accounting
CCH Tagetik
8.7
Automated board and financial reporting
Abila MIP Fund Accounting
CCH Tagetik
7.0
XBRL support for regulatory filing
Abila MIP Fund Accounting
CCH Tagetik
7.2

Analytics

Abila MIP Fund Accounting
CCH Tagetik
7.1
Personalized dashboards
Abila MIP Fund Accounting
CCH Tagetik
6.6
Color-coded scorecards
Abila MIP Fund Accounting
CCH Tagetik
6.6
KPIs
Abila MIP Fund Accounting
CCH Tagetik
7.2
Cost and profitability analysis
Abila MIP Fund Accounting
CCH Tagetik
7.7
Key Performance Indicator setting
Abila MIP Fund Accounting
CCH Tagetik
7.0
Benchmarking with external data
Abila MIP Fund Accounting
CCH Tagetik
7.4

Integration

Abila MIP Fund Accounting
CCH Tagetik
8.4
Flat file integration
Abila MIP Fund Accounting
CCH Tagetik
9.3
Excel data integration
Abila MIP Fund Accounting
CCH Tagetik
9.3
Direct links to 3rd-party data sources
Abila MIP Fund Accounting
CCH Tagetik
6.7

Pros

  • Departmental financial reporting
  • Historical reporting
  • Cross fiscal year reporting
  • Transaction detail
Robert Bowsza profile photo
  • Easy to import and export data.
  • Easy to manage data for regulatory requirements because it is easy to get the xbrl code.
  • Strong data governance with the Tagetik data flow facilities.
Cesare Schiarea profile photo

Cons

  • The Budget Worksheet isn't the simplest to use and understand how the outcome will reflect. It took me some trial and error, and writing my own in-house procedures to feel comfortable with the budget worksheets.
  • There are so many modules that Abila offers that it can be frustrating to learn that in order to obtain a certain feature you have to purchase another module, which may come with way more than you need or want. For example, with the Payroll Module you can select Direct Deposit for an employee but without the Direct Deposit module I can't access the feature to email the pay stub vouchers to those employees with Direct Deposit.
  • There are so many reports available that it can be hard to remember where the report you need is located. Some reports don't include Unposted Transactions and some don't allow the same level of customization.
Kayla Klinger profile photo
  • We are on an older version, so some things may have changed, but some of the commands are in Italian, which can be a little frustrating (or an opportunity to learn a new language).
  • Non-financial directors have wished it to be a little more user friendly. I don't think it is a problem, but in order to be flexible users may have too many choices to make.
  • Formatting of reports (once again we are on an older version) could be easier.
John Torley profile photo

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
We will renew for the next two years, however we are in the process of becomming a subsidary of a larger company and may undergo an integration into the accounting system that it uses. Until this happens we will stay with Abila.
Carol Dougherty profile photo
CCH Tagetik6.5
Based on 6 answers
The renewal of our use of Tagetik is stricly linked to the evolution of our reporting needs (especially those linked to compliance reasons). The implementation of new releases which could take benefit of state-of-the-art technologies (e.g. big data or mobile) could be done at a moderate pace in order to empower our user and make them confident about the potential and the performances of the platform.
Alessandro MANTINI profile photo

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
Very easy to use. It does help if you have prior database knowledge. It was easy to create reports to get the information out of the system. The canned reports are a great place to start to work on customizing for your own use
Janet Resendiz profile photo
CCH Tagetik6.8
Based on 3 answers
Tagetik has a complex engine which could be easily managed by a web-based interface and an Excel .net macro which allows a quick learning of the application's main functions. Even everyday system maintenance is very easy to manage too, once you understand the underlying consolidation model. In wider terms, once you made the first configuration and you feed the data model, many annoying routines could be easily automated, with a great gain in terms of time spent on application maintenance.
Alessandro MANTINI profile photo

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
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
CCH Tagetik7.5
Based on 4 answers
Fast answers, solve problems, but with extra payment for assistance
No photo 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 do not know about the implementation of the software as I was not employed by the agency at that time
Janet Resendiz profile photo
CCH Tagetik6.4
Based on 2 answers
Get a project manager and have someone on the team who knows your databases and systems inside and out.
Susan Heffern profile photo

Alternatives Considered

GMS was not 2000 compliant. Fundware was sold and went out of business. A number of peers in related organizations used MIP and recommended it. This is helpful when you have a problem or a desire to try something new, and can sound it off of others that are familiar with product and the programs you run.
Kathy Dugan profile photo
Tagetik uses a Excel interface which makes it familiar but adds the benefits of a central database. At the time we were evaluating, we were also looking for a cost accounting system. We were not able to find one package that provided budgeting, forecasting, reporting and cost accounting at anywhere near the price.
John Torley 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

  • This is a question for our accountant and president. What I do know is that it allows us to increase our "donor advised funds" and offer that as a means for individuals to contribute to our cause.
Pat Chase profile photo
  • Faster closure
  • Better reporting and faster
  • New possibilities for forecasting
Bjørn Born Sylvest profile photo

Screenshots

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

CCH Tagetik

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