What users are saying about

Abila MIP Fund Accounting

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Top Rated
603 Ratings
Top Rated
35 Ratings

Abila MIP Fund Accounting

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Top Rated
603 Ratings
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Score 8 out of 101
Top Rated
35 Ratings
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Score 8.4 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

CCH Tagetik

CCH Tagetik is great for pulling together financial data for the purposes of budgeting, planning, and forecasting. I think it will likely have other uses in our organization as well as we become more familiar with it and adept at using it.
No photo available

Feature Rating Comparison

Payroll Management

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

Customization

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

Security

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

Reporting & Analytics

Abila MIP Fund Accounting
7.6
CCH Tagetik
Dashboards
Abila MIP Fund Accounting
6.8
CCH Tagetik
Standard reports
Abila MIP Fund Accounting
8.0
CCH Tagetik
Custom reports
Abila MIP Fund Accounting
8.0
CCH Tagetik

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.8
CCH Tagetik
Accounts payable
Abila MIP Fund Accounting
8.5
CCH Tagetik
Accounts receivable
Abila MIP Fund Accounting
8.2
CCH Tagetik
Cash management
Abila MIP Fund Accounting
8.0
CCH Tagetik
Bank reconciliation
Abila MIP Fund Accounting
8.5
CCH Tagetik
Expense management
Abila MIP Fund Accounting
8.2
CCH Tagetik
Time tracking
Abila MIP Fund Accounting
7.0
CCH Tagetik
Fixed asset management
Abila MIP Fund Accounting
7.7
CCH Tagetik
Multi-currency support
Abila MIP Fund Accounting
7.2
CCH Tagetik
Multi-division support
Abila MIP Fund Accounting
8.3
CCH Tagetik
Regulations compliance
Abila MIP Fund Accounting
8.2
CCH Tagetik
Electronic tax filing
Abila MIP Fund Accounting
7.8
CCH Tagetik
Self-service portal
Abila MIP Fund Accounting
6.6
CCH Tagetik
Standardized Processes
Abila MIP Fund Accounting
7.1
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
4.8
CCH Tagetik
Pricing
Abila MIP Fund Accounting
6.7
CCH Tagetik
Order entry
Abila MIP Fund Accounting
7.2
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
7.1
CCH Tagetik
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
CCH Tagetik
Configurable alerts
Abila MIP Fund Accounting
7.7
CCH Tagetik
Billing bypass
Abila MIP Fund Accounting
7.1
CCH Tagetik
Client template cloning
Abila MIP Fund Accounting
7.2
CCH Tagetik
Single sign-on
Abila MIP Fund Accounting
4.5
CCH Tagetik
Industry-specific versioning
Abila MIP Fund Accounting
8.0
CCH Tagetik
Legacy system data migration
Abila MIP Fund Accounting
7.5
CCH Tagetik

Budgeting, Planning, and Forecasting

Abila MIP Fund Accounting
CCH Tagetik
8.5
Long-term financial planning
Abila MIP Fund Accounting
CCH Tagetik
8.7
Financial budgeting
Abila MIP Fund Accounting
CCH Tagetik
8.9
Forecasting
Abila MIP Fund Accounting
CCH Tagetik
7.6
Scenario modeling
Abila MIP Fund Accounting
CCH Tagetik
8.9
Management reporting
Abila MIP Fund Accounting
CCH Tagetik
8.3

Consolidation and Close

Abila MIP Fund Accounting
CCH Tagetik
7.6
Financial data consolidation
Abila MIP Fund Accounting
CCH Tagetik
7.5
Journal entries and reports
Abila MIP Fund Accounting
CCH Tagetik
7.4
Multi-currency management
Abila MIP Fund Accounting
CCH Tagetik
8.7
Intercompany Eliminations
Abila MIP Fund Accounting
CCH Tagetik
8.0
Minority Ownership
Abila MIP Fund Accounting
CCH Tagetik
6.9
Local and consolidated reporting
Abila MIP Fund Accounting
CCH Tagetik
7.3
Detailed Audit Trails
Abila MIP Fund Accounting
CCH Tagetik
7.6

FInancial Reporting and Compliance

Abila MIP Fund Accounting
CCH Tagetik
8.3
Financial Statement Reporting
Abila MIP Fund Accounting
CCH Tagetik
8.3
Management Reporting
Abila MIP Fund Accounting
CCH Tagetik
8.4
Excel-based Reporting
Abila MIP Fund Accounting
CCH Tagetik
9.1
Automated board and financial reporting
Abila MIP Fund Accounting
CCH Tagetik
8.3
XBRL support for regulatory filing
Abila MIP Fund Accounting
CCH Tagetik
7.2

Analytics

Abila MIP Fund Accounting
CCH Tagetik
8.1
Personalized dashboards
Abila MIP Fund Accounting
CCH Tagetik
8.0
Color-coded scorecards
Abila MIP Fund Accounting
CCH Tagetik
7.7
KPIs
Abila MIP Fund Accounting
CCH Tagetik
8.2
Cost and profitability analysis
Abila MIP Fund Accounting
CCH Tagetik
9.0
Key Performance Indicator setting
Abila MIP Fund Accounting
CCH Tagetik
8.2
Benchmarking with external data
Abila MIP Fund Accounting
CCH Tagetik
7.3

Integration

Abila MIP Fund Accounting
CCH Tagetik
8.6
Flat file integration
Abila MIP Fund Accounting
CCH Tagetik
9.6
Excel data integration
Abila MIP Fund Accounting
CCH Tagetik
9.6
Direct links to 3rd-party data sources
Abila MIP Fund Accounting
CCH Tagetik
6.6

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
  • Excel interface capability makes it easier for user adoption
  • Web interface and workflow provide both simplicity and control
  • Multi-currency support
No photo available

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
  • Until you get familiar with the software, screens, buttons, etc, are not necessarily intuitive. It just takes time
  • Without being involved in the implementation process. A new user might have some difficulty getting up to speed on writing reports and using the system.
  • Having a liaison at Tagetik that really understands our business needs so they can help guide us at various stages on implementing parts of Tagetik that we may not be aware of.
Susan Heffern profile photo

Likelihood to Renew

Abila MIP Fund Accounting9.2
Based on 42 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
CCH Tagetik6.5
Based on 6 answers
We have a lot invested in this product and want to use it as much as we can.
Susan Heffern profile photo

Usability

Abila MIP Fund Accounting8.8
Based on 38 answers
It is a great software to use but it can still improve in some areas. Like if they could add spelling check function. Most software this day has spelling check as a standard function. Maybe if they could also expand the filters available when running custom reports would be very helpful
Luis Godoy profile photo
CCH Tagetik6.8
Based on 3 answers
I see this product as being multi functional
Susan Heffern profile photo

Reliability and Availability

Abila MIP Fund Accounting9.0
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 Accounting8.7
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
CCH Tagetik7.4
Based on 4 answers
Fast answers, solve problems, but with extra payment for assistance
No photo available

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
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

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
Tagetik can consolidate data in a better and easier way.
No photo available

Scalability

Abila MIP Fund Accounting9.0
Based on 6 answers
I have had some issues with the software suddenly closing with no reason given.
Christine Frenzel profile photo
No score
No answers yet
No answers on this topic

Return on Investment

  • It is positive when I can create reports that are easily utilized month after month for grant reporting. Each of our grants requires a little different format of data and MIP allows me to customize reports to easily pull information I need to satisfy grantors.
LaShawna Simonsen profile photo
  • Significantly improved reporting timelines at both month-end and year-end.
Steve Harris FCMA CGMA 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