What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

TermSync

2 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

TermSync

2 Ratings
Score 9.8 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

TermSync

If you are one person or managing 10, TermSync allows you to track what you and your team is working on. When to follow up with customers so that no one is missed. It allows you to see if each teammate is pulling their weight and getting done what needs to be done or if more help is needed. The Executive Metrics reports give you all the information for month end reporting and also shows you the weaknesses so you can motivate your team to excel in those areas.
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Feature Rating Comparison

Payroll Management

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

Customization

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

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

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

Inventory Management

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

Order Management

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

Accounting Firm BPO Features

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

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
  • Follow up windows. You can designate when to follow up with a customer.
  • Allows customers to communicate with you when it is convenient for them.
  • Allows the customer to make payments online.
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
  • Reporting. It is hard for TermSync to create a report for every business type out there so you may need to have some things customized, but they are always willing to assist.
  • The requirements needed to accept payments online requires some information that larger companies may not want to give out.
No photo available

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
MIP is fairly easy to learn and to update. Whether it's transaction entry or reporting it has logical steps and maintains consistency. These are things that make usability a positive and not a negative.
Nikki Patterson 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
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo
No score
No answers yet
No answers on this topic

Support

Abila MIP Fund Accounting8.4
Based on 30 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 Accounting7.9
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 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

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
When researching for this type of product, I did reach out to other vendors. I worked closely with Billtrust in the past and they were lacking in this area when I was ready to make my move. It is my understanding that they have something very robust in the works but I can't say where that will fall on the cost spectrum. By comparison, other companies, like Get Paid had priced themselves right out of our market. TermSync gave us the tools we needed at a price we could afford in the least amount of time and very little assistance from our IT Group, which was a big relief.
No photo available

Scalability

Abila MIP Fund Accounting8.9
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

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA profile photo
  • TermSync helps us to be more customer service oriented. The cost is relatively inexpensive, but the value that we gain in Customer Service pays for the application more times than we can count.
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

TermSync

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