What users are saying about
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Top Rated
722 Ratings
4 Ratings
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Score 9.7 out of 100

MIP Fund Accounting

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Top Rated
722 Ratings
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Score 8.2 out of 100

Likelihood to Recommend

Planning Maestro

Personally, I was always very satisfied with the Budget Maestro product and platform. I used Hyperion Essbase in my prior company and felt Analytics Maestro had very similar capabilities and features which made learning the product very easy. The ongoing support has been tremendous and this is an area I find many competitors in the marketplace to have room for improvement.
Eric Korpalski | TrustRadius Reviewer

MIP Fund Accounting

As mentioned, for a non-profit, it is fantastic. I know there are other products out there for non-profits, many of which are exorbitantly expensive. I love how MIP gets better and better. When we were first with MIP some 18 or 19 years ago, it was great but did not do nearly what it does today. I wish I had had the time over the years to learn all the new features, but I did not. Still, I love it.
Charmyne Goodfellow | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Planning Maestro
MIP Fund Accounting
7.4
Pay calculation
Planning Maestro
MIP Fund Accounting
8.3
Benefit plan administration
Planning Maestro
MIP Fund Accounting
6.6
Direct deposit files
Planning Maestro
MIP Fund Accounting
8.7
Salary revision and increment management
Planning Maestro
MIP Fund Accounting
6.6
Reimbursement management
Planning Maestro
MIP Fund Accounting
6.9

Customization

Planning Maestro
MIP Fund Accounting
7.7
API for custom integration
Planning Maestro
MIP Fund Accounting
7.9
Plug-ins
Planning Maestro
MIP Fund Accounting
7.5

Security

Planning Maestro
MIP Fund Accounting
8.4
Single sign-on capability
Planning Maestro
MIP Fund Accounting
8.5
Role-based user permissions
Planning Maestro
MIP Fund Accounting
8.4

Reporting & Analytics

Planning Maestro
MIP Fund Accounting
8.0
Dashboards
Planning Maestro
MIP Fund Accounting
7.4
Standard reports
Planning Maestro
MIP Fund Accounting
8.4
Custom reports
Planning Maestro
MIP Fund Accounting
8.2

General Ledger and Configurable Accounting

Planning Maestro
MIP Fund Accounting
8.2
Accounts payable
Planning Maestro
MIP Fund Accounting
8.7
Accounts receivable
Planning Maestro
MIP Fund Accounting
8.2
Cash management
Planning Maestro
MIP Fund Accounting
7.8
Bank reconciliation
Planning Maestro
MIP Fund Accounting
8.3
Expense management
Planning Maestro
MIP Fund Accounting
8.5
Time tracking
Planning Maestro
MIP Fund Accounting
7.3
Fixed asset management
Planning Maestro
MIP Fund Accounting
8.0
Multi-currency support
Planning Maestro
MIP Fund Accounting
8.4
Multi-division support
Planning Maestro
MIP Fund Accounting
8.9
Regulations compliance
Planning Maestro
MIP Fund Accounting
8.4
Electronic tax filing
Planning Maestro
MIP Fund Accounting
8.4
Self-service portal
Planning Maestro
MIP Fund Accounting
7.4
Journals and Reconciliations
Planning Maestro
MIP Fund Accounting
8.1
Enterprise Accounting
Planning Maestro
MIP Fund Accounting
7.9
Configurable Accounting
Planning Maestro
MIP Fund Accounting
8.5
Standardized Processes
Planning Maestro
MIP Fund Accounting
8.2

Inventory Management

Planning Maestro
MIP Fund Accounting
4.5
Inventory tracking
Planning Maestro
MIP Fund Accounting
8.0
Automatic reordering
Planning Maestro
MIP Fund Accounting
1.0
Location management
Planning Maestro
MIP Fund Accounting
8.2
Manufacturing module
Planning Maestro
MIP Fund Accounting
1.0

Order Management

Planning Maestro
MIP Fund Accounting
4.5
Pricing
Planning Maestro
MIP Fund Accounting
6.0
Order entry
Planning Maestro
MIP Fund Accounting
7.4
Credit card processing
Planning Maestro
MIP Fund Accounting
2.3
Cost of goods sold
Planning Maestro
MIP Fund Accounting
2.5

Pros

Planning Maestro

  • Analytics Maestro Platform adds tremendous value.
  • Newer version offering is cloud based which adds value on size constraints.
  • Customer support has always been extremely supportive and timely on responses.
Eric Korpalski | 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

Planning Maestro

  • Took some time to roll out the cloud-based solution.
  • The older version (not cloud-based) we used took about an hour to refresh after data load.
  • The older version did take some time learning how to use the product to its fullest capabilities.
Eric Korpalski | TrustRadius Reviewer

MIP Fund Accounting

  • MIP Cloud took away the ability to have multiple things open simultaneously. Now if I need to add a vendor in the middle of a check run, I need to completely exit the batch. The desktop version offered ways to have both open simultaneously.
  • The Cloud version is picky about checking duplicate document numbers during a bank reconciliation. If I select avoided check and there are two document 15's, it will only save one document. I have to go to the desktop version to lock it.
  • The Cloud version does not allow me to do my Recurring Entries. They automatically appear with a warning that they are due when I enter the desktop version.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

Planning Maestro

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

Planning Maestro

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 7.9
Based on 90 answers
I find MIP Fund Accounting easy to use, but I also minored in ERP systems in college. If you are a tech savvy type of person, you wouldn't have much trouble. However, those that are not tech savvy, may have difficulty. The good thing is, MIP Fund Accounting has a help page on every single screen; so if you have questions, the help button will address issues on that specific page.
Sarah Gruver | TrustRadius Reviewer

Reliability and Availability

Planning Maestro

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

Planning Maestro

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

Planning Maestro

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.1
Based on 122 answers
While MIP rarely answers when you call, they have never missed their SLA obligation and [are] usually faster than it requires. They jump right into the issue without 20 layers of people who barely know what program you are calling about never mind CPA level accounting issues or large setup issues.
Bob Simpson | TrustRadius Reviewer

In-Person Training

Planning Maestro

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

Planning Maestro

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

Planning Maestro

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 3.9
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

Planning Maestro

Our company evaluated 6 product offerings in the market place a year ago and felt Budget Maestro and Vena offered the largest return on our investment at their price points. We have always been very satisfied with the product and its customer service. Since we have grown over 600% over 4 years, many of the new layers of management used other products in prior careers and we are currently at a point where the entire organization may be transitioning to an ERP solution to manage all finance and accounting functions. I would always recommend Budget Maestro as a great budgeting and analytical tool for FP&A teams as we were able to accomplish a high amount of monthly reports with a small team over the years.
Eric Korpalski | 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

Planning Maestro

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

Planning Maestro

  • We were a very small company growing by acquisition so it worked well during these phases of our company growth.
  • The return for our cost was tremendous especially in comparison to peers in the market.
  • Analytics Maestro allowed us to grow without adding headcount by building efficient reports that can easily be mass-produced for all branches within our organization.
Eric Korpalski | 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

Planning Maestro

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

Planning Maestro
9.0
MIP Fund Accounting
8.2

Likelihood to Renew

Planning Maestro
MIP Fund Accounting
9.7

Usability

Planning Maestro
MIP Fund Accounting
7.9

Reliability and Availability

Planning Maestro
MIP Fund Accounting
10.0

Performance

Planning Maestro
MIP Fund Accounting
10.0

Support Rating

Planning Maestro
MIP Fund Accounting
8.1

In-Person Training

Planning Maestro
MIP Fund Accounting
8.0

Online Training

Planning Maestro
MIP Fund Accounting
4.0

Implementation Rating

Planning Maestro
MIP Fund Accounting
3.9

Scalability

Planning Maestro
MIP Fund Accounting
9.0

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