What users are saying about
16 Ratings
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Top Rated
719 Ratings
16 Ratings
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Score 9.6 out of 100

MIP Fund Accounting

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Top Rated
719 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.2 out of 100

Likelihood to Recommend

Accounting Seed

Accounting Seed is a great solution for businesses looking for reliable accounting software. It offers all the features needed and works as expected. In addition, it is not as pricey as many competitors and therefore a great choice. I would recommend it for both startups and established businesses.
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

MIP is great when an organization has multiple departments. I am able to pinpoint exactly what department or event an expense was for because of the multiple options and layers to narrow down.Reports customizations are great in order to produce an understandable summary of the data for non-accounting professionals. This would be suitable for organizations who have staff with limited accounting knowledge outside the accounting team.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Accounting Seed
9.4
MIP Fund Accounting
7.4
Pay calculation
Accounting Seed
9.0
MIP Fund Accounting
8.2
Benefit plan administration
Accounting Seed
10.0
MIP Fund Accounting
6.6
Direct deposit files
Accounting Seed
10.0
MIP Fund Accounting
8.7
Salary revision and increment management
Accounting Seed
9.0
MIP Fund Accounting
6.7
Reimbursement management
Accounting Seed
9.0
MIP Fund Accounting
6.9

Customization

Accounting Seed
9.5
MIP Fund Accounting
7.7
API for custom integration
Accounting Seed
9.4
MIP Fund Accounting
7.9
Plug-ins
Accounting Seed
9.5
MIP Fund Accounting
7.4

Security

Accounting Seed
9.4
MIP Fund Accounting
8.4
Single sign-on capability
Accounting Seed
9.4
MIP Fund Accounting
8.5
Role-based user permissions
Accounting Seed
9.4
MIP Fund Accounting
8.3

Reporting & Analytics

Accounting Seed
8.0
MIP Fund Accounting
8.0
Dashboards
Accounting Seed
8.2
MIP Fund Accounting
7.4
Standard reports
Accounting Seed
8.0
MIP Fund Accounting
8.4
Custom reports
Accounting Seed
7.7
MIP Fund Accounting
8.1

General Ledger and Configurable Accounting

Accounting Seed
9.3
MIP Fund Accounting
8.2
Accounts payable
Accounting Seed
8.9
MIP Fund Accounting
8.7
Accounts receivable
Accounting Seed
8.8
MIP Fund Accounting
8.2
Cash management
Accounting Seed
9.5
MIP Fund Accounting
7.8
Bank reconciliation
Accounting Seed
9.2
MIP Fund Accounting
8.3
Expense management
Accounting Seed
9.2
MIP Fund Accounting
8.5
Time tracking
Accounting Seed
9.0
MIP Fund Accounting
7.3
Fixed asset management
Accounting Seed
9.0
MIP Fund Accounting
8.0
Multi-currency support
Accounting Seed
9.5
MIP Fund Accounting
8.4
Multi-division support
Accounting Seed
9.4
MIP Fund Accounting
8.9
Regulations compliance
Accounting Seed
9.0
MIP Fund Accounting
8.4
Electronic tax filing
Accounting Seed
10.0
MIP Fund Accounting
8.4
Self-service portal
Accounting Seed
8.7
MIP Fund Accounting
7.4
Global Financial Support
Accounting Seed
10.0
MIP Fund Accounting
Primary and Secondary Ledgers
Accounting Seed
9.8
MIP Fund Accounting
Intercompany Accounting
Accounting Seed
9.4
MIP Fund Accounting
Localizations
Accounting Seed
9.7
MIP Fund Accounting
Journals and Reconciliations
Accounting Seed
9.2
MIP Fund Accounting
8.1
Enterprise Accounting
Accounting Seed
9.2
MIP Fund Accounting
7.9
Configurable Accounting
Accounting Seed
9.5
MIP Fund Accounting
8.5
Centralized Rules Framework
Accounting Seed
9.5
MIP Fund Accounting
Standardized Processes
Accounting Seed
9.4
MIP Fund Accounting
8.1

Inventory Management

Accounting Seed
9.0
MIP Fund Accounting
4.5
Inventory tracking
Accounting Seed
9.0
MIP Fund Accounting
8.0
Automatic reordering
Accounting Seed
9.0
MIP Fund Accounting
1.0
Location management
Accounting Seed
9.0
MIP Fund Accounting
8.2
Manufacturing module
Accounting Seed
9.0
MIP Fund Accounting
1.0

Order Management

Accounting Seed
9.4
MIP Fund Accounting
4.6
Pricing
Accounting Seed
9.0
MIP Fund Accounting
6.2
Order entry
Accounting Seed
10.0
MIP Fund Accounting
7.4
Credit card processing
Accounting Seed
10.0
MIP Fund Accounting
2.3
Cost of goods sold
Accounting Seed
10.0
MIP Fund Accounting
2.5
Order Orchestration
Accounting Seed
9.0
MIP Fund Accounting
End-to-end order visibility
Accounting Seed
9.0
MIP Fund Accounting
Order exception Resolution
Accounting Seed
9.0
MIP Fund Accounting

Pros

Accounting Seed

  • Fully integrated into SalesForce so financial information is linked to all aspects of the organization.
  • Customer service is excellent and with timely and helpful solutions.
  • Upgrades are announced well ahead of pushing them out. Accounting Seed handles all the effort. When upgraded, you are assured there are no problems with it continuing to work with your other applications in SalesForce
  • Being built on the Force.com platform, many applications are available to add to the Accounting Seed application to expand its abilities.
  • Customization is simple and integrates across all aspects of SalesForce.
Rickey Funderburk | TrustRadius Reviewer

MIP Fund Accounting

  • Grant level accounting. We manage well over 50 active grants at any given time. This system allows us to track revenue and expenditures at a grant level which enables our staff to accurately and effectively manage, monitor and report to funders.
  • Allocations module. The allocation module functions enable us to set various allocation methods to capture overhead costs and allocate to cost centers and grants efficiently and effectively.
  • Fixed Asset module. The fixed asset module allows us to integrate asset tracking and depreciation schedules that are easy to use and integrated for efficiency.
Bryan Martin | TrustRadius Reviewer

Cons

Accounting Seed

  • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
  • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
  • In general, the materials needed for non profits is not as accessible as it could be.
Gayle Ulrich | TrustRadius Reviewer

MIP Fund Accounting

  • I've sat on several trainings and I feel that they are basic and broad. More real-life and in-depth examples for people that have been using the software would be great. I think the trainings are more geared to those that are just beginning to use MIP Fund Accounting.
  • I would like to see MIP Fund Accounting create a bank feed function to be used to aid the bank reconciliations.
  • For EWS, I think it would be beneficial for employees to still be able to track their hours worked in each grant per day; instead of having to break those hours up in a Cost Center on time entry for each day. This gets very daunting for some folks that have 5 or 6 splits, to record that each day. We've set these people up with a Cost Center using a distribution code; but it would still be beneficial for an auditor to see an employee document their hours worked per grant each day.
Sarah Gruver | TrustRadius Reviewer

Likelihood to Renew

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.7
Based on 49 answers
Honestly - if we had the resources to move - we would do it in a heartbeat. We have wasted so much money on this program. I am so disappointed in this product. I am so glad that I did not install it here. I just want basic functionality - and this program does not deliver.
Anonymous | TrustRadius Reviewer

Usability

Accounting Seed

Accounting Seed 9.0
Based on 2 answers
While it takes time for new users to fully benefit and understand Accounting Seed, the user interface is amazing. It is relatively easy to use
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

MIP Fund Accounting 7.8
Based on 89 answers
While it does require training, and I would suggest it be on site if possible or at their corporate training offices, most users adapt to it quickly. Most parts of the program have very similar layout and functionalities and ability to have tasks/reports pre-configured.
Bob Simpson | TrustRadius Reviewer

Reliability and Availability

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 11 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 | TrustRadius Reviewer

Performance

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 12 answers
MIP Fund Accounting has worked very well for me. It has been ten years that I have been working with the software and have never had an issue with it crashing or losing information. I would definitely recommend this software to other users based on the experience I have had.
Janet Resendiz | TrustRadius Reviewer

Support Rating

Accounting Seed

Accounting Seed 9.5
Based on 2 answers
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
Rickey Funderburk | TrustRadius Reviewer

MIP Fund Accounting

MIP Fund Accounting 8.0
Based on 121 answers
We recently switched from the server version to the cloud version, and the first project manager did not answer any of my questions, and she was very unfriendly as well. I had a tremendous feeling of dread that we had made the wrong choice. A second project manager showed up, and she was exceptional! In fact we are still working with her and she's just amazing! PM #1 gets a 2, PM #2 gets a 10, so splitting the difference puts me at a 6.
Anonymous | TrustRadius Reviewer

In-Person Training

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.0
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 | TrustRadius Reviewer

Online Training

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.0
Based on 4 answers
Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
Anonymous | TrustRadius Reviewer

Implementation Rating

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.0
Based on 42 answers
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
Jeffrey Chapman | TrustRadius Reviewer

Alternatives Considered

Accounting Seed

Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
Pamela White | TrustRadius Reviewer

MIP Fund Accounting

I used Great Plains at a former job. It was also designed for non-profits. The payroll function/feature was much easier to maneuver than MIP Fund Accounting. The AP feature was comparable to that of MIP Fund Accounting and functioned somewhat the same. Which is nice. I do not know about the reports feature, as my reports processing was limited due to the job I had. Same with the budgeting features and A/R. We are a non-profit organization that wished to utilize a system designed specifically for this type of organization.
Cori May | TrustRadius Reviewer

Scalability

Accounting Seed

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.0
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 | TrustRadius Reviewer

Return on Investment

Accounting Seed

  • Makes operations a lot easier having everything in Salesforce.
David Jacoby | TrustRadius Reviewer

MIP Fund Accounting

  • It has fit our needs exactly.
  • It is all I've ever used at this organization. We briefly tried another setup in order to integrate with other systems and we quickly abandoned it to move back to MIP Fund Accounting (formerly Abila MIP).
  • It has been a big time saver at payroll time and tax time.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

Accounting Seed

General

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

MIP Fund Accounting

General

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

Rating Summary

Likelihood to Recommend

Accounting Seed
9.5
MIP Fund Accounting
8.2

Likelihood to Renew

Accounting Seed
MIP Fund Accounting
9.7

Usability

Accounting Seed
9.0
MIP Fund Accounting
7.8

Reliability and Availability

Accounting Seed
MIP Fund Accounting
10.0

Performance

Accounting Seed
MIP Fund Accounting
10.0

Support Rating

Accounting Seed
9.5
MIP Fund Accounting
8.0

In-Person Training

Accounting Seed
MIP Fund Accounting
8.0

Online Training

Accounting Seed
MIP Fund Accounting
4.0

Implementation Rating

Accounting Seed
MIP Fund Accounting
4.0

Scalability

Accounting Seed
MIP Fund Accounting
9.0

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