What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Unit4 Financials

2 Ratings
Score 8.7 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

Unit4 Financials

This would work well for the back side of accounting...meaning after the invoice was created. If you need software to create invoices, this may not be the software for you (or at least you would have to do additional research on its capability). Other than that, it takes care of the majority of our needs.
No photo available

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Unit4 Financials
Pay calculation
Abila MIP Fund Accounting
8.6
Unit4 Financials
Benefit plan administration
Abila MIP Fund Accounting
8.1
Unit4 Financials
Direct deposit files
Abila MIP Fund Accounting
8.7
Unit4 Financials
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Unit4 Financials
Reimbursement management
Abila MIP Fund Accounting
7.3
Unit4 Financials

Customization

Abila MIP Fund Accounting
7.4
Unit4 Financials
API for custom integration
Abila MIP Fund Accounting
7.4
Unit4 Financials
Plug-ins
Abila MIP Fund Accounting
7.3
Unit4 Financials

Security

Abila MIP Fund Accounting
8.3
Unit4 Financials
9.0
Single sign-on capability
Abila MIP Fund Accounting
8.3
Unit4 Financials
9.0
Role-based user permissions
Abila MIP Fund Accounting
8.4
Unit4 Financials
9.0

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Unit4 Financials
5.3
Dashboards
Abila MIP Fund Accounting
6.5
Unit4 Financials
1.0
Standard reports
Abila MIP Fund Accounting
7.8
Unit4 Financials
7.0
Custom reports
Abila MIP Fund Accounting
7.9
Unit4 Financials
8.0

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Unit4 Financials
8.1
Accounts payable
Abila MIP Fund Accounting
8.5
Unit4 Financials
9.0
Accounts receivable
Abila MIP Fund Accounting
8.1
Unit4 Financials
9.0
Cash management
Abila MIP Fund Accounting
8.0
Unit4 Financials
8.0
Bank reconciliation
Abila MIP Fund Accounting
8.4
Unit4 Financials
Expense management
Abila MIP Fund Accounting
8.0
Unit4 Financials
8.0
Time tracking
Abila MIP Fund Accounting
7.2
Unit4 Financials
Fixed asset management
Abila MIP Fund Accounting
7.6
Unit4 Financials
Multi-currency support
Abila MIP Fund Accounting
6.2
Unit4 Financials
Multi-division support
Abila MIP Fund Accounting
8.1
Unit4 Financials
8.0
Regulations compliance
Abila MIP Fund Accounting
7.9
Unit4 Financials
Electronic tax filing
Abila MIP Fund Accounting
7.6
Unit4 Financials
Self-service portal
Abila MIP Fund Accounting
5.7
Unit4 Financials
Standardized Processes
Abila MIP Fund Accounting
6.6
Unit4 Financials
8.0
Intercompany Accounting
Abila MIP Fund Accounting
Unit4 Financials
7.0
Journals and Reconciliations
Abila MIP Fund Accounting
Unit4 Financials
8.0

Inventory Management

Abila MIP Fund Accounting
4.2
Unit4 Financials
8.0
Inventory tracking
Abila MIP Fund Accounting
7.3
Unit4 Financials
8.0
Automatic reordering
Abila MIP Fund Accounting
1.0
Unit4 Financials
Location management
Abila MIP Fund Accounting
7.7
Unit4 Financials
Manufacturing module
Abila MIP Fund Accounting
1.0
Unit4 Financials

Order Management

Abila MIP Fund Accounting
4.7
Unit4 Financials
Pricing
Abila MIP Fund Accounting
6.7
Unit4 Financials
Order entry
Abila MIP Fund Accounting
6.8
Unit4 Financials
Credit card processing
Abila MIP Fund Accounting
2.5
Unit4 Financials
Cost of goods sold
Abila MIP Fund Accounting
2.7
Unit4 Financials

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Unit4 Financials
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Unit4 Financials
Configurable alerts
Abila MIP Fund Accounting
7.1
Unit4 Financials
Billing bypass
Abila MIP Fund Accounting
6.5
Unit4 Financials
Client template cloning
Abila MIP Fund Accounting
7.6
Unit4 Financials
Single sign-on
Abila MIP Fund Accounting
4.5
Unit4 Financials
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Unit4 Financials
Legacy system data migration
Abila MIP Fund Accounting
7.0
Unit4 Financials

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
  • It is easy to move around in if set up properly.
  • You can changes background colors to your choice.
  • It is customizable (you can create home pages specific to the user).
No photo available

Cons

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey profile photo
  • There is a lot of "building" when first starting up with the software.
  • Some of the data you cannot pull unless you have sequel knowledge, although capabilities are getting better.
  • There is not a good operating statement report option.
No photo available

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
No score
No answers yet
No answers on this topic

Usability

Abila MIP Fund Accounting8.6
Based on 33 answers
The system is very usable from my point of view - we have not experienced any difficulty in the daily functions
Christine Ulshoffer profile photo
No score
No answers yet
No answers on this topic

Reliability and Availability

Abila MIP Fund Accounting8.9
Based on 6 answers
It is mostly available when it is needed, however there have been power and internet outages that have limited the availability of programs.
Cindy Chapple 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
Our reseller and the MIP technical support team has been very reactive when questions or problems have arisen. The reseller has been especially helpful in figuring what to do about entry problems.
Nikki Patterson 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
I cannot answer this question as I wasn't employed here when it was implemented.
Cindy Chapple profile photo
No score
No answers yet
No answers on this topic

Alternatives Considered

I was not part of the selection for MIP and don't have anything to compare.
Bianca Jurczak profile photo
Unit4 Financials is definitely much more robust than Peachtree or other software. I've also used SAP in the past and this seems to have many more capabilities.
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
  • Because of the lack of operating statement reports, we've had to spend additional funds to use another system.
  • It does show data in real time, so no waiting for batches to update overnight.
  • You can do a lot of customizing to meet your own needs.
No photo available

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

Unit4 Financials

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