Birchstreet eProcurement vs. MIP Fund Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Birchstreet eProcurement
Score 8.0 out of 10
N/A
Birchstreet Systems in Newport Beach offers eProcurement as a comprehensive AP and spend management platform ideally for multi-site, complex entitites.N/A
MIP Fund Accounting
Score 8.7 out of 10
N/A
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
Pricing
Birchstreet eProcurementMIP Fund Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Birchstreet eProcurementMIP Fund Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Birchstreet eProcurementMIP Fund Accounting
Top Pros
Top Cons
Best Alternatives
Birchstreet eProcurementMIP Fund Accounting
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
QuickBooks Online
QuickBooks Online
Score 8.2 out of 10
Medium-sized Companies
Esker
Esker
Score 9.8 out of 10
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 6.8 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Birchstreet eProcurementMIP Fund Accounting
Likelihood to Recommend
10.0
(1 ratings)
8.7
(434 ratings)
Likelihood to Renew
-
(0 ratings)
9.3
(130 ratings)
Usability
-
(0 ratings)
8.2
(100 ratings)
Availability
-
(0 ratings)
9.9
(15 ratings)
Performance
-
(0 ratings)
8.6
(90 ratings)
Support Rating
-
(0 ratings)
8.1
(99 ratings)
In-Person Training
-
(0 ratings)
10.0
(9 ratings)
Online Training
-
(0 ratings)
8.0
(7 ratings)
Implementation Rating
-
(0 ratings)
6.1
(28 ratings)
Configurability
-
(0 ratings)
8.5
(8 ratings)
Ease of integration
-
(0 ratings)
8.6
(13 ratings)
Product Scalability
-
(0 ratings)
8.4
(15 ratings)
Vendor post-sale
-
(0 ratings)
9.0
(13 ratings)
Vendor pre-sale
-
(0 ratings)
8.5
(13 ratings)
User Testimonials
Birchstreet eProcurementMIP Fund Accounting
Likelihood to Recommend
Birchstreet Systems
It is well suited for large companies with an A/P department for processing electronic and check payments for invoices. I would struggle to find it of much value if the hotel property was cutting the checks itself.
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Momentive Software
MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
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Pros
Birchstreet Systems
  • It has a purchase order system for supported vendors.
  • It allows for quick entry of invoices to submit for payment.
  • It has the ability to manage capital purchases.
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Momentive Software
  • General Ledger processing, including journal entries and reports
  • Ability to download all reports directly to Excel and PDF formats
  • Use of Grant codes to enable grant reporting by month/quarter/year
  • Ability to have multiple departments and consolidate into groups for reporting
  • Accounts Payable and Accounts Receivable cannot be out of balance
  • Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization
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Cons
Birchstreet Systems
  • It will periodically be unavailable due to technical difficulties.
  • Sometimes invoices will appear twice in the system even though it's supposed to detect and delete duplicates.
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Momentive Software
  • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
  • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
  • When processing W2 the system deletes info.
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Likelihood to Renew
Birchstreet Systems
No answers on this topic
Momentive Software
I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
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Usability
Birchstreet Systems
No answers on this topic
Momentive Software
I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
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Reliability and Availability
Birchstreet Systems
No answers on this topic
Momentive Software
I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
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Performance
Birchstreet Systems
No answers on this topic
Momentive Software
We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
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Support Rating
Birchstreet Systems
No answers on this topic
Momentive Software
I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
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In-Person Training
Birchstreet Systems
No answers on this topic
Momentive Software
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.
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Online Training
Birchstreet Systems
No answers on this topic
Momentive Software
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.
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Implementation Rating
Birchstreet Systems
No answers on this topic
Momentive Software
Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
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Alternatives Considered
Birchstreet Systems
Have no experience with competitors.
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Momentive Software
I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
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Scalability
Birchstreet Systems
No answers on this topic
Momentive Software
The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
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Return on Investment
Birchstreet Systems
  • It has produced significant time savings allowing properties to forgo the position of property accountant/controller.
  • It has streamlined the reporting of expenses on the profit and loss statements.
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Momentive Software
  • MIP has allowed us to break down our costs even further to be able to improve our use of funding.
  • I'm looking forward to streamlining our accounting processes even further as I learn more about the possibilities with MIP.
  • As we fundraise for specific projects, we are able to track income and expenses by project to give our donors true numbers on how the money was used.
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ScreenShots

MIP Fund Accounting Screenshots

Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions