What users are saying about

Abila MIP Fund Accounting

Top Rated
601 Ratings

Xero

Top Rated
213 Ratings

Abila MIP Fund Accounting

Top Rated
601 Ratings
Score 7.9 out of 101

Xero

Top Rated
213 Ratings
Score 8.6 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

Xero

I have not found any SME accounting system that is more flexible. We have clients running a couple of thousand transactions a month with no issue in terms of speed. We will continue to watch this.Even where a certain bank cannot deliver a feed, I do not consider that to be a reason not to use Xero. Imports from downloads can be imported in minutes
John Cotter profile photo

Feature Rating Comparison

Payroll Management

Abila MIP Fund Accounting
8.0
Xero
6.7
Pay calculation
Abila MIP Fund Accounting
8.6
Xero
7.3
Benefit plan administration
Abila MIP Fund Accounting
8.1
Xero
6.0
Direct deposit files
Abila MIP Fund Accounting
8.7
Xero
7.2
Salary revision and increment management
Abila MIP Fund Accounting
7.3
Xero
6.9
Reimbursement management
Abila MIP Fund Accounting
7.3
Xero
6.1

Customization

Abila MIP Fund Accounting
7.4
Xero
8.6
API for custom integration
Abila MIP Fund Accounting
7.4
Xero
8.8
Plug-ins
Abila MIP Fund Accounting
7.3
Xero
8.5

Security

Abila MIP Fund Accounting
8.4
Xero
8.8
Single sign-on capability
Abila MIP Fund Accounting
8.3
Xero
9.0
Role-based user permissions
Abila MIP Fund Accounting
8.4
Xero
8.7

Reporting & Analytics

Abila MIP Fund Accounting
7.4
Xero
8.5
Dashboards
Abila MIP Fund Accounting
6.5
Xero
8.3
Standard reports
Abila MIP Fund Accounting
7.8
Xero
8.7
Custom reports
Abila MIP Fund Accounting
7.9
Xero
8.4

General Ledger and Configurable Accounting

Abila MIP Fund Accounting
7.5
Xero
8.2
Accounts payable
Abila MIP Fund Accounting
8.5
Xero
8.8
Accounts receivable
Abila MIP Fund Accounting
8.1
Xero
8.8
Cash management
Abila MIP Fund Accounting
8.0
Xero
8.2
Bank reconciliation
Abila MIP Fund Accounting
8.4
Xero
9.1
Expense management
Abila MIP Fund Accounting
8.0
Xero
7.5
Time tracking
Abila MIP Fund Accounting
7.1
Xero
6.5
Fixed asset management
Abila MIP Fund Accounting
7.6
Xero
7.7
Multi-currency support
Abila MIP Fund Accounting
6.2
Xero
8.2
Multi-division support
Abila MIP Fund Accounting
8.1
Xero
8.8
Regulations compliance
Abila MIP Fund Accounting
7.9
Xero
8.1
Electronic tax filing
Abila MIP Fund Accounting
7.6
Xero
8.2
Self-service portal
Abila MIP Fund Accounting
5.7
Xero
8.2
Standardized Processes
Abila MIP Fund Accounting
6.6
Xero
8.9
Global Financial Support
Abila MIP Fund Accounting
Xero
7.0
Primary and Secondary Ledgers
Abila MIP Fund Accounting
Xero
9.1
Intercompany Accounting
Abila MIP Fund Accounting
Xero
7.7
Localizations
Abila MIP Fund Accounting
Xero
8.0
Journals and Reconciliations
Abila MIP Fund Accounting
Xero
8.2
Enterprise Accounting
Abila MIP Fund Accounting
Xero
8.1
Configurable Accounting
Abila MIP Fund Accounting
Xero
8.6
Centralized Rules Framework
Abila MIP Fund Accounting
Xero
8.6

Inventory Management

Abila MIP Fund Accounting
4.2
Xero
7.7
Inventory tracking
Abila MIP Fund Accounting
7.3
Xero
7.1
Automatic reordering
Abila MIP Fund Accounting
1.0
Xero
7.5
Location management
Abila MIP Fund Accounting
7.7
Xero
8.4
Manufacturing module
Abila MIP Fund Accounting
1.0
Xero
8.0

Order Management

Abila MIP Fund Accounting
4.7
Xero
6.9
Pricing
Abila MIP Fund Accounting
6.7
Xero
7.5
Order entry
Abila MIP Fund Accounting
6.8
Xero
7.2
Credit card processing
Abila MIP Fund Accounting
2.5
Xero
8.3
Cost of goods sold
Abila MIP Fund Accounting
2.7
Xero
7.7
Order Orchestration
Abila MIP Fund Accounting
Xero
6.1
End-to-end order visibility
Abila MIP Fund Accounting
Xero
7.0
Order exception Resolution
Abila MIP Fund Accounting
Xero
4.1

Accounting Firm BPO Features

Abila MIP Fund Accounting
7.0
Xero
8.1
Client data roll-up capabilities
Abila MIP Fund Accounting
7.9
Xero
7.7
Configurable alerts
Abila MIP Fund Accounting
7.1
Xero
7.8
Billing bypass
Abila MIP Fund Accounting
6.5
Xero
8.5
Client template cloning
Abila MIP Fund Accounting
7.6
Xero
7.9
Single sign-on
Abila MIP Fund Accounting
4.5
Xero
9.2
Industry-specific versioning
Abila MIP Fund Accounting
8.3
Xero
8.3
Legacy system data migration
Abila MIP Fund Accounting
7.0
Xero
7.9
Branded client dashboards
Abila MIP Fund Accounting
Xero
9.1
Client data consolidation for benchmarking
Abila MIP Fund Accounting
Xero
7.7
Configurable client onboarding questions
Abila MIP Fund Accounting
Xero
6.9
Cross-client workflow management
Abila MIP Fund Accounting
Xero
8.4

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
  • Catch-up bookkeeping, AKA "write-up". Xero makes it really easy to import bank statements from Excel files, then reconcile those transactions quickly, even for multiple years of data. This is a huge benefit for our bookkeepers.
  • Collaborative accounting. Xero is easy to learn and use for non accountants. This allows us to divide work between our client accounting services department and our clients, which increases efficiency, lowers the cost, and improves visibility for our clients.
  • Integrations. Xero integrates really well with hundreds of third party apps and tools. You can even write your own integration.
Blake Oliver profile photo

Cons

  • They need to better explain how to create definition files so end users can learn how to upload large amounts of data into the system. As of right now, most end users have to contact a consultant to create the definition file and pay literally thousands of dollars in order to do uploads.
  • The financial statement reports could be better. When I created the income statement, the profit is shown as a credit, while a loss is shown as a debit which makes it look funny for presentation purposes. I now have to key everything into Excel so it doesn't do this. The reports could be better if it allowed a way to add statistics to the report. Most FQHCs present stats like visits, Days Cash on Hand and so on. It would be nice to be able to have these stats shown in the financial statements.
  • MIP needs to allow for easier copying and pasting items into the fields. In the Budget module, you can't right click and paste. You need to select the "Edit" and then paste from the drop down menu.
Erich Koch profile photo
  • Xero's mobile apps are a good start, but could use more functionality, such as being able to access reports or run payroll. The good news is that the web app itself works on iPad, so you can log in through Safari and get what you need. Still, other accounting apps are ahead of Xero in this department.
  • Payroll is limited (as of May 2015) to a handful of states and is rolling out to more gradually. Scroll to the bottom of this page to see where payroll is available: https://www.xero.com/us/accounting-software/payroll/
  • Customizable reports. Xero is rolling out a new reporting engine which offers greater flexibility, but it is not yet complete. Make sure that the reports available in Xero will meet your needs.
Blake Oliver profile photo

Likelihood to Renew

Abila MIP Fund Accounting8.8
Based on 35 answers
We are not in the market for a new solution as this product works well for us and renewal is affordable.
Christine Ulshoffer profile photo
Xero9.7
Based on 24 answers
Simplest answer - it works for us. For our own company, I don't think we are looking for any options other than Xero right now. Everyone in our company uses it - Finance uses it for bookkeeping and follow ups, Sales for quotes through to invoicing customers, we all use it for individual expense claims. So far so good! No reason to change.
Neethu Stephen profile photo

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
Xero8.3
Based on 20 answers
It simply is incredibly usable with excellent drill down features. The dashboard is highly configurable. Transactions are now even easier to find with the new Global Search feature. Documents can be attached to transactions. We use Bills Entryless to transfer documents to Xero without keying the data. Visibility to reports (the old style takes seconds). The newer reports are more RAM hungry so there can be a 10 second or so lag while the report is compiled. Usually old style reports deliver what our clients need in a flash
John Cotter profile photo

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
Xero9.0
Based on 10 answers
We have been actively using and 100% Xero based for our ecommerce accounting practice for over 4 years. There has on been one real outage for more than 5 minutes. Xero was open and transparent about the outage, what they were doing to resolve the issue, and provided 15 minute updates. Showing how they care about their customers and partners. Plus, showing that their customers care too, were understanding, and went surfing or in our case took a nap. Couldn't run our business without Xero as a partner.
Scott Scharf profile photo

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
Xero10.0
Based on 8 answers
In 3 years of use, I've only broken the system once. And that was for 30 seconds.
Dan Schmidt, CPA profile photo

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
Xero8.7
Based on 14 answers
Xero support for a cloud based software with hundreds of thousands of users is about as good as it gets. There is always room for improvement though.
John Cotter profile photo

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 Accounting9.9
Based on 3 answers
Personalized training provided for our organization
karen hoffman profile photo
Xero10.0
Based on 5 answers
All of Xero's training is online and available for anyone (business owner or accountants) to learn and become experts in their system. There is a range of content from product training to real world webinars from their partners. Xero is beautiful accounting software and their training is the same.
Scott Scharf profile photo

Implementation

Abila MIP Fund Accounting6.9
Based on 19 answers
I would not implement without the help of a reseller.
Nikki Patterson profile photo
Xero9.5
Based on 9 answers
No it is very straight forward.
John Cotter 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
The design, usability, and forward-looking development path attracted me to Xero.
Adrian G. Simmons, CPA profile photo

Rating for Public Practice CPAs

No score
No answers yet
No answers on this topic
Xero9.1
Based on 10 answers
The level of automation possible makes life simpler for small businesses. And the ability to collaborate in real-time makes it possible to serve customers in a way we couldn't before. And the continued release of features that really impact our customers for the better continues to reassure us this was a good choice.
Adrian G. Simmons, CPA profile photo

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
Xero9.8
Based on 6 answers
After 4 years I cannot remember a single moment of downtime. Outstanding reliability!
Doug Fish profile photo

Return on Investment

  • Hard to quantify the return on investment. Purchasing accounting software is a necessary evil and the payback is hard to measure. Basically MIP is another expense we incur each month in order to keep our books. If MIP could add some better features to its system, there could be a better ROI.
  • I think if you have MIP set up properly you could probably eliminate an FTE from your accounting department. I was able to get by with 2 people when most places would of had 3 or 4 with the same amount of work. The key though is knowing how to use the product, and setting it up correctly.
Erich Koch profile photo
  • Better ability to collaborate with customers.
  • Easier access to data.
  • Actually enjoyment working with information.
Adrian G. Simmons, CPA 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

Xero

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