What users are saying about
17 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
648 Ratings
17 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.1 out of 100

MIP Fund Accounting

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
648 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 8.3 out of 100

Likelihood to Recommend

Concur Invoice

I like how easy it is to work with this tool. I usually use it when I travel for work, and it's just perfect because it allows me to quickly expense my flight,s meals, hotels, or any other expense in one area! I love using this system because it is so easy to use
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

Well-suited for basic accounting, I would give it an 8. Drill-down would be nice on the general ledger to be able to look at the original entry. Maintaining the year codes and distribution codes is much too involved-this needs to be streamlined. Would be nice to be able to update information on encumbrances and purchase orders prior payment. The accounts receivable module is a bit of a nightmare-we don't use the invoicing function as it is too involved for our company. While the Accounting function deserves and 8, I would only give the payroll function about a 4.5-sorry.
Eris Tanner | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Concur Invoice
MIP Fund Accounting
7.8
Pay calculation
Concur Invoice
MIP Fund Accounting
8.2
Benefit plan administration
Concur Invoice
MIP Fund Accounting
7.2
Direct deposit files
Concur Invoice
MIP Fund Accounting
8.9
Salary revision and increment management
Concur Invoice
MIP Fund Accounting
7.7
Reimbursement management
Concur Invoice
MIP Fund Accounting
7.2

Customization

Concur Invoice
MIP Fund Accounting
7.1
API for custom integration
Concur Invoice
MIP Fund Accounting
7.2
Plug-ins
Concur Invoice
MIP Fund Accounting
7.0

Security

Concur Invoice
MIP Fund Accounting
8.5
Single sign-on capability
Concur Invoice
MIP Fund Accounting
8.6
Role-based user permissions
Concur Invoice
MIP Fund Accounting
8.3

Reporting & Analytics

Concur Invoice
MIP Fund Accounting
7.7
Dashboards
Concur Invoice
MIP Fund Accounting
7.7
Standard reports
Concur Invoice
MIP Fund Accounting
7.9
Custom reports
Concur Invoice
MIP Fund Accounting
7.6

General Ledger and Configurable Accounting

Concur Invoice
MIP Fund Accounting
7.9
Accounts payable
Concur Invoice
MIP Fund Accounting
8.7
Accounts receivable
Concur Invoice
MIP Fund Accounting
8.4
Cash management
Concur Invoice
MIP Fund Accounting
7.8
Bank reconciliation
Concur Invoice
MIP Fund Accounting
8.7
Expense management
Concur Invoice
MIP Fund Accounting
8.5
Time tracking
Concur Invoice
MIP Fund Accounting
7.7
Fixed asset management
Concur Invoice
MIP Fund Accounting
8.2
Multi-currency support
Concur Invoice
MIP Fund Accounting
8.0
Multi-division support
Concur Invoice
MIP Fund Accounting
8.7
Regulations compliance
Concur Invoice
MIP Fund Accounting
8.5
Electronic tax filing
Concur Invoice
MIP Fund Accounting
8.8
Self-service portal
Concur Invoice
MIP Fund Accounting
7.1
Journals and Reconciliations
Concur Invoice
MIP Fund Accounting
7.0
Enterprise Accounting
Concur Invoice
MIP Fund Accounting
6.1
Configurable Accounting
Concur Invoice
MIP Fund Accounting
7.4
Standardized Processes
Concur Invoice
MIP Fund Accounting
6.6

Inventory Management

Concur Invoice
MIP Fund Accounting
4.2
Inventory tracking
Concur Invoice
MIP Fund Accounting
7.3
Automatic reordering
Concur Invoice
MIP Fund Accounting
1.0
Location management
Concur Invoice
MIP Fund Accounting
7.7
Manufacturing module
Concur Invoice
MIP Fund Accounting
1.0

Order Management

Concur Invoice
MIP Fund Accounting
5.2
Pricing
Concur Invoice
MIP Fund Accounting
7.4
Order entry
Concur Invoice
MIP Fund Accounting
8.1
Credit card processing
Concur Invoice
MIP Fund Accounting
2.5
Cost of goods sold
Concur Invoice
MIP Fund Accounting
2.7

Pros

Concur Invoice

  • User friendly
  • Simple invoice management
  • Seamless integration with our SAP ECC
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

  • The interface and operations of MIP Fund are fairly easy to utilize and learn.
  • It offers some excellent tools for managing a non-profit operation.
  • The software makes it easy to streamline operations into one system without dealing with separate departments working with different systems.
Bruce Emmerling | TrustRadius Reviewer

Cons

Concur Invoice

  • Unable to go back to a page as it might time out or give you an error message and then it may not save what you've done
  • Sometimes it's hard to determine which category to submit a reimbursement within
  • User interface looks too old school and not modern enough
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey | TrustRadius Reviewer

Likelihood to Renew

Concur Invoice

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.7
Based on 48 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy | TrustRadius Reviewer

Usability

Concur Invoice

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.1
Based on 54 answers
If you are not an accountant, it would be very difficult to use. As an accountant there are aspects that are so specific that if you do not understand how they work and hand off to other parts of the software, you can really mess up your reporting.
Christine Frenzel | TrustRadius Reviewer

Reliability and Availability

Concur Invoice

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

Concur Invoice

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

Concur Invoice

Concur Invoice 7.6
Based on 6 answers
I never experienced any issue while using this tool, so never had to contact support during the usage. The tool works just really well, and even if i never had the chance to experience the support assitance, i can imagine that a good support is more than guaranteed in this tool.
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

MIP Fund Accounting 8.2
Based on 82 answers
They consistently provide quality, knowledgeable service to my questions and concerns. The only reason I am not giving them a 10 is because recently the hold time on the telephone has been much longer than in the past. the quality of the customer service, once I speak to a representative continues to be of a high quality, but the delays are atypical of previous encounters.
Jeffrey Chapman | TrustRadius Reviewer

In-Person Training

Concur Invoice

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

Concur Invoice

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.0
Based on 4 answers
Personalized training provided for our organization
karen hoffman | TrustRadius Reviewer

Implementation Rating

Concur Invoice

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.7
Based on 37 answers
Having a detailed plan helps. Understanding what your data 'means' is important so it can be correctly mapped to the new solution. Having other staff in on the early training helped as well. We had a few questions that popped up that our implementer was able to address promptly which then prompted the controller to ask even more detailed questions. In the end, we ended up with a better product. Keep in mind, you won't remember to ask all of the relevant questions and you may run into 'challenges' after the fact
Al Hesse | TrustRadius Reviewer

Alternatives Considered

Concur Invoice

It doesn't really. They all have their pros and cons
Whitley Lovelace | TrustRadius Reviewer

MIP Fund Accounting

Fund EZ is a product I found out about from a previous employment stint. It has a lot of the features MIP has but is not nearly as good. I would consider using this product if MIP continues to raise fees.
Erich Koch | TrustRadius Reviewer

Scalability

Concur Invoice

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

Concur Invoice

  • It reduces the time AP spends registering the invoices.
  • It helps to know which invoices are expected to be received.
  • Sometimes it doesn't recognize the invoices received.
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

  • MIP has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • MIP importing feature allows integration to many different systems which makes MIP very flexible allowing costs to be saved if the owner of the MIP system switches between vendors.
Donavan Lam, CPA | TrustRadius Reviewer

Screenshots

Pricing Details

Concur Invoice

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

Concur Invoice
7.7
MIP Fund Accounting
8.3

Likelihood to Renew

Concur Invoice
MIP Fund Accounting
9.7

Usability

Concur Invoice
MIP Fund Accounting
8.1

Reliability and Availability

Concur Invoice
MIP Fund Accounting
10.0

Performance

Concur Invoice
MIP Fund Accounting
10.0

Support Rating

Concur Invoice
7.6
MIP Fund Accounting
8.2

In-Person Training

Concur Invoice
MIP Fund Accounting
8.0

Online Training

Concur Invoice
MIP Fund Accounting
4.0

Implementation Rating

Concur Invoice
MIP Fund Accounting
4.7

Scalability

Concur Invoice
MIP Fund Accounting
9.0

Add comparison