Blackbaud Raiser's Edge NXT vs. MIP Fund Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Blackbaud Raiser's Edge NXT
Score 7.5 out of 10
N/A
Raiser's Edge NXT is cloud fundraising and constituent relationship management software from Blackbaud.N/A
MIP Fund Accounting
Score 8.9 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
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Considered Both Products
Blackbaud Raiser's Edge NXT
Chose Blackbaud Raiser's Edge NXT
We haven't used anything other than Raiser's Edge products and services for over 8 years now. However, more and more our staff is complaining about Raiser's Edge. As a result, I will be shopping for what else may suit our needs better starting in the new year.
MIP Fund Accounting
Chose MIP Fund Accounting
Non profits have some specific needs and the generic systems were not designed to meet those needs. Combining multiple modules from one vendor made the interface seamless. One of the most significant non profit issues that the system addresses is the need to segregate net …
Features
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Communications and Marketing
Comparison of Communications and Marketing features of Product A and Product B
Blackbaud Raiser's Edge NXT
5.2
34 Ratings
23% below category average
MIP Fund Accounting
-
Ratings
Constituent engagement and marketing6.234 Ratings00 Ratings
Social listening4.312 Ratings00 Ratings
Digital advocacy enablement5.013 Ratings00 Ratings
Reporting and Analytics
Comparison of Reporting and Analytics features of Product A and Product B
Blackbaud Raiser's Edge NXT
6.5
39 Ratings
1% above category average
MIP Fund Accounting
-
Ratings
Reporting and data visualization6.638 Ratings00 Ratings
Wealth screening6.433 Ratings00 Ratings
Fundraising and Events
Comparison of Fundraising and Events features of Product A and Product B
Blackbaud Raiser's Edge NXT
5.9
35 Ratings
1% below category average
MIP Fund Accounting
-
Ratings
Online donation options7.434 Ratings00 Ratings
Event registration and ticketing6.335 Ratings00 Ratings
Text and phone donations4.88 Ratings00 Ratings
Volunteer shift management4.57 Ratings00 Ratings
Mobile event check-in6.411 Ratings00 Ratings
Security and Platform
Comparison of Security and Platform features of Product A and Product B
Blackbaud Raiser's Edge NXT
7.3
38 Ratings
5% above category average
MIP Fund Accounting
-
Ratings
Role-based user permissions7.737 Ratings00 Ratings
Mobile access7.332 Ratings00 Ratings
Integrations7.032 Ratings00 Ratings
Best Alternatives
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Small Businesses
Bonterra Network for Good
Bonterra Network for Good
Score 9.5 out of 10
QuickBooks Online
QuickBooks Online
Score 8.2 out of 10
Medium-sized Companies
Bloomerang CRM
Bloomerang CRM
Score 9.1 out of 10
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Enterprises
Blackbaud Enterprise Fundraising CRM
Blackbaud Enterprise Fundraising CRM
Score 7.6 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Likelihood to Recommend
7.4
(464 ratings)
9.0
(435 ratings)
Likelihood to Renew
8.2
(58 ratings)
9.6
(132 ratings)
Usability
7.0
(42 ratings)
8.6
(103 ratings)
Availability
10.0
(7 ratings)
10.0
(15 ratings)
Performance
10.0
(15 ratings)
8.6
(92 ratings)
Support Rating
5.3
(65 ratings)
8.8
(100 ratings)
In-Person Training
10.0
(13 ratings)
10.0
(9 ratings)
Online Training
7.1
(221 ratings)
8.0
(7 ratings)
Implementation Rating
4.9
(22 ratings)
6.1
(28 ratings)
Configurability
10.0
(3 ratings)
8.4
(8 ratings)
Contract Terms and Pricing Model
8.5
(2 ratings)
-
(0 ratings)
Ease of integration
10.0
(3 ratings)
9.2
(14 ratings)
Product Scalability
10.0
(5 ratings)
8.1
(15 ratings)
Professional Services
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
7.5
(4 ratings)
9.7
(13 ratings)
Vendor pre-sale
10.0
(4 ratings)
8.8
(13 ratings)
User Testimonials
Blackbaud Raiser's Edge NXTMIP Fund Accounting
Likelihood to Recommend
Blackbaud
Personally, I feel that Blackbaud Raiser's Edge NXT is a good solution for any size organization. They have all you need to maintain and use data regardless of how many records. It’s easy to learn and use. Plus, they offer a ton of resources that you can use to constantly keep learning how to best use features.
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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
Blackbaud
  • Inter-departmental communication
  • Recordkeeping
  • Data Analysis
  • Fundraiser portfolios
  • Customizable fields and tables
  • User-friendly UI - requires minimal coding
  • CRM database
  • Gift batch entry tools are efficient
  • Query allows for highly customizable reporting and tracking
  • Canned reports with good customizability
  • Flexible and customizable exporting tools
  • Low Code
  • Compatibility with FENXT
  • Map tools in Blackbaud Raiser's Edge NXT Web View Lists allow for easy regional searches
  • Several powerful tools for changing large numbers of records at once (Global add, global change, and import)
  • Mailing list generation
  • Duplicate management and data cleaning tools
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Momentive Software
  • Easy to obtain check register for select periods
  • Easy to do bank reconciliations
  • Easy to log in for remote work, for anywhere I need to access it from!
  • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
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Cons
Blackbaud
  • There is so much missing functionality in Blackbaud Raiser's Edge NXT (webview) compared to database view - whilst they repeatedly tell us to switch to webview we simply can't due to crucial functionality that is missing.
  • In our experience, there are a lot of false promises made, particularly when renewing contracts etc, about what functionality is coming soon to webview - particularly regarding the optional modules such as Volunteering.
  • An increased focus from Blackbaud and all their marketing about pushing third party vendors for certain activities (email marketing being a big one!) all of which come at an additional cost. Although these integrate into Blackbaud Raiser's Edge NXT, I would prefer Blackbaud to focus on making its own functionality up to standard rather than integrating costly 3rd party platforms.
  • In my experience, Support for the platform has got worse over the years - I have been waiting over six months to resolve a technical issue which is hampering our use of the functionality.
  • Inability to create letters within the system (which used to be a feature in RE7 database view) is a huge issue for our supporter base who still appreciate paper-based acknowledgement letters.
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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
Blackbaud
We have a lot invested in NXT and it suits our needs perfectly. There would be no reason for us to consider a needless conversion to a new solution. I do not believe there is any other product on the market that would be worth considering.
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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
Blackbaud
NXT seems easy to learn on a relatively deep level. There are glitches, like with everything, but it is usually easy to see where they are, most of time. I like that Development staff can choose what they want to see and where they want to see it, and it doesn’t affect my screen.
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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
Blackbaud
The only reason I cannot give a 10 is because like all web based products, internet connection is required and that is not something that can be counted on 100% of the time. When the internet connection is stable, I have had little to no issues using Raiser's Edge.
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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
Blackbaud
NXT itself is a pretty simple interface, and is great for front-line fundraisers to be able to look up info and run some simple "reports"/analysis. It's very quick and intuitive, but the back-end attached to it (RE 7.96) may have connectivity issues from time to time. NXT itself, though, is simple enough that issues are rare.
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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
Blackbaud
Overall I feel like I receive sufficient assistance when reaching out to Blackbaud's Support area. When my questions cannot be answered completely during an online chat I appreciate the ability to easily access the ongoing notes so everything is together. It can be frustrating at times, though, as emailing back and forth seems to make solutions take longer.
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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
Blackbaud
When you get a good, knowledgeable person for in-person training, you can't beat it! Hands on, real time, questions answered on the spot. And they want to make sure you get what you needed before leaving. To also have dedicated time without other distractions is very important to the learning process in my opinion.
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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
Blackbaud
As with most trainings, the learning curve is more difficult when mostly online, and I felt that we could have used more check-ins once we'd been using the product for a few months. Most things were explained well enough, but the difficulties discovered through use were not always addressed right away.
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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
Blackbaud
Training is key. Blackbaud offered the training package prior to implementation and it helped us understand how to build it so that the future use would be appropriate to the operation of the organization. Data conversion stage was also very important. A lot of work must be done before making the final decisions about the data conversion - what data to convert and what to leave out, where certain information was supposed to be placed within RE.
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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
Blackbaud
I have not used other products like this before. I have used and created some SQL databases and ERPs, but have not used fundraising-specific software such as Raiser's Edge. Based on what I know from other products vaguely similar to this - databases and ERPs - this is very user friendly and easy to pick up for anyone, especially with their NXT webview offering.
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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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Contract Terms and Pricing Model
Blackbaud
Pricing really seems to be all over the place, and everything else you need is an extra add-on cost. The biggest issue is training. Options are limited unless you subscribe and pay for it across your contract.
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Momentive Software
No answers on this topic
Scalability
Blackbaud
New features are constantly being added to Raiser's Edge NXT that expand its capabilities. Features such as constituent mapping and easily accessible actions allow for more in-depth analysis of existing constituents. The future ability to manipulate soft-credits and customize reporting dashboards will make NXT even more attractive to our fundraisers and executives. It's great to see that the software is evolving.
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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
Blackbaud
  • Having everything in one system means that information is much more likely to be up to date. We hardly get any returned mail from the post office when we pull lists.
  • Our gift officers can easily pull up donor information on their phones while out on a visit, giving them the edge they need to close a gift.
  • Information tiles on a person's record that are easy to reorganize and collapse per the needs of each user makes finding pertinent information quick.
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Momentive Software
  • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
  • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
  • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
  • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
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ScreenShots

Blackbaud Raiser's Edge NXT Screenshots

Screenshot of benchmarking in Blackbaud Raiser’s Edge NXT, which helps users understand fundraising performance by comparing their organizations against other organizations within a specific vertical or mission, or organizations of a similar size. The reports also quantify the revenue potential associated with improving, and surface actionable insight. Metrics include retention rate, recapture rate, acquisition rate, total revenue, revenue per donor, and current donors.Screenshot of integrated analytics in Raiser’s Edge NXT, which help organizations identify their constituents’ gift capacity and recommends whom solicitors should be targeting for maximum major gifts. Ratings appear on constituents’ profiles, and lists include a ranking of all screened constituents from highest to lowest wealth.Screenshot of Work Centers, which enable management of a portfolio with a clearly-defined process for all fundraising activities. They are designed to instill a deeper understanding of constituents and drive action. Action-triggering insights reveal areas that should be focused on, actions completed, constituents who need attention, proposals in progress, gifts received, and progress towards goals.Screenshot of an example of the out of the box dashboards and reports that display how an organization is performing at all times. Dashboards can be customized based on what’s important, to achieve a clear view of the organization’s performance.Screenshot of online giving pages.Screenshot of the open, cloud platform

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