What users are saying about
20 Ratings
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Top Rated
772 Ratings
20 Ratings
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Score 9 out of 100

MIP Fund Accounting

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Top Rated
772 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener'>trScore algorithm: Learn more.</a>
Score 8.4 out of 100

Feature Set Ratings

    Human Resource Management

    7.4

    Darwinbox

    74%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 6/6 features

    Employee demographic data

    6.3
    63%
    3 Ratings
    N/A
    0 Ratings

    Employment history

    7.4
    74%
    3 Ratings
    N/A
    0 Ratings

    Job profiles and administration

    7.8
    78%
    3 Ratings
    N/A
    0 Ratings

    Workflow for transfers, promotions, pay raises, etc.

    7.4
    74%
    3 Ratings
    N/A
    0 Ratings

    Organizational charting

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    Organization and location management

    7.9
    79%
    3 Ratings
    N/A
    0 Ratings

    Payroll Management

    8.1

    Darwinbox

    81%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 6/6 features

    Pay calculation

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    Support for external payroll vendors

    8.4
    84%
    3 Ratings
    N/A
    0 Ratings

    Off-cycle/On-Demand payment

    8.1
    81%
    3 Ratings
    N/A
    0 Ratings

    Benefit plan administration

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    Salary revision and increment management

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    Reimbursement management

    7.9
    79%
    3 Ratings
    N/A
    0 Ratings

    Leave and Attendance Management

    8.6

    Darwinbox

    86%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 3/3 features

    Approval workflow

    8.2
    82%
    3 Ratings
    N/A
    0 Ratings

    Balance details

    9.0
    90%
    3 Ratings
    N/A
    0 Ratings

    Annual carry-forward and encashment

    8.5
    85%
    3 Ratings
    N/A
    0 Ratings

    Employee Self Service

    7.8

    Darwinbox

    78%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 5/5 features

    View and generate pay and benefit information

    8.3
    83%
    3 Ratings
    N/A
    0 Ratings

    Update personal information

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    View company policy documentation

    7.6
    76%
    3 Ratings
    N/A
    0 Ratings

    Employee recognition

    7.5
    75%
    3 Ratings
    N/A
    0 Ratings

    View job history

    7.7
    77%
    3 Ratings
    N/A
    0 Ratings

    Asset Management

    8.0

    Darwinbox

    80%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 1/1 features

    Tracking of all physical assets

    8.0
    80%
    3 Ratings
    N/A
    0 Ratings

    HR Reporting

    8.3

    Darwinbox

    83%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 3/3 features

    Report builder

    8.5
    85%
    2 Ratings
    N/A
    0 Ratings

    Pre-built reports

    7.9
    79%
    2 Ratings
    N/A
    0 Ratings

    Ability to combine HR data with external data

    8.5
    85%
    2 Ratings
    N/A
    0 Ratings

    Onboarding

    8.0

    Darwinbox

    80%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 2/2 features

    New hire portal

    8.9
    89%
    2 Ratings
    N/A
    0 Ratings

    Manager tracking tools

    7.1
    71%
    2 Ratings
    N/A
    0 Ratings

    Performance and Goals

    8.1

    Darwinbox

    81%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 4/4 features

    Corporate goal setting

    7.9
    79%
    2 Ratings
    N/A
    0 Ratings

    Individual goal setting

    8.5
    85%
    2 Ratings
    N/A
    0 Ratings

    Line-of sight-visibility

    8.0
    80%
    2 Ratings
    N/A
    0 Ratings

    Performance tracking

    8.0
    80%
    2 Ratings
    N/A
    0 Ratings

    Performance Management

    7.4

    Darwinbox

    74%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 5/5 features

    Performance plans

    8.0
    80%
    2 Ratings
    N/A
    0 Ratings

    Performance improvement plans

    7.5
    75%
    2 Ratings
    N/A
    0 Ratings

    Review status tracking

    7.0
    70%
    2 Ratings
    N/A
    0 Ratings

    Review reminders

    6.5
    65%
    2 Ratings
    N/A
    0 Ratings

    Multiple review frequency

    8.0
    80%
    2 Ratings
    N/A
    0 Ratings

    Succession Planning

    7.7

    Darwinbox

    77%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 4/4 features

    Create succession plans/pools

    7.5
    75%
    2 Ratings
    N/A
    0 Ratings

    Candidate ranking

    8.0
    80%
    2 Ratings
    N/A
    0 Ratings

    Candidate search

    7.5
    75%
    2 Ratings
    N/A
    0 Ratings

    Candidate development

    7.9
    79%
    2 Ratings
    N/A
    0 Ratings

    Recruiting / ATS

    7.7

    Darwinbox

    77%

    MIP Fund Accounting

    Feature Set Not Supported
    N/A
    Darwinbox ranks higher in 7/7 features

    Job Requisition Management

    7.4
    74%
    2 Ratings
    N/A
    0 Ratings

    Company Website Posting

    7.5
    75%
    2 Ratings
    N/A
    0 Ratings

    Publish to Social Media

    8.4
    84%
    2 Ratings
    N/A
    0 Ratings

    Job Search Site Posting

    6.9
    69%
    2 Ratings
    N/A
    0 Ratings

    Duplicate Candidate Prevention

    6.9
    69%
    2 Ratings
    N/A
    0 Ratings

    Applicant Tracking

    7.9
    79%
    2 Ratings
    N/A
    0 Ratings

    Notifications and Alerts

    9.0
    90%
    2 Ratings
    N/A
    0 Ratings

    Attribute Ratings

    • MIP Fund Accounting is rated higher in 1 area: Likelihood to Recommend

    Likelihood to Recommend

    7.4

    Darwinbox

    74%
    3 Ratings
    8.4

    MIP Fund Accounting

    84%
    403 Ratings

    Likelihood to Renew

    Darwinbox

    N/A
    0 Ratings
    8.9

    MIP Fund Accounting

    89%
    91 Ratings

    Usability

    Darwinbox

    N/A
    0 Ratings
    8.2

    MIP Fund Accounting

    82%
    93 Ratings

    Availability

    Darwinbox

    N/A
    0 Ratings
    9.0

    MIP Fund Accounting

    90%
    13 Ratings

    Performance

    Darwinbox

    N/A
    0 Ratings
    8.2

    MIP Fund Accounting

    82%
    54 Ratings

    Support Rating

    Darwinbox

    N/A
    0 Ratings
    8.3

    MIP Fund Accounting

    83%
    125 Ratings

    In-Person Training

    Darwinbox

    N/A
    0 Ratings
    10.0

    MIP Fund Accounting

    100%
    7 Ratings

    Online Training

    Darwinbox

    N/A
    0 Ratings
    9.7

    MIP Fund Accounting

    97%
    5 Ratings

    Implementation Rating

    Darwinbox

    N/A
    0 Ratings
    9.7

    MIP Fund Accounting

    97%
    44 Ratings

    Configurability

    Darwinbox

    N/A
    0 Ratings
    9.9

    MIP Fund Accounting

    99%
    5 Ratings

    Ease of integration

    Darwinbox

    N/A
    0 Ratings
    9.4

    MIP Fund Accounting

    94%
    6 Ratings

    Product Scalability

    Darwinbox

    N/A
    0 Ratings
    10.0

    MIP Fund Accounting

    100%
    8 Ratings

    Vendor post-sale

    Darwinbox

    N/A
    0 Ratings
    7.0

    MIP Fund Accounting

    70%
    8 Ratings

    Vendor pre-sale

    Darwinbox

    N/A
    0 Ratings
    6.9

    MIP Fund Accounting

    69%
    8 Ratings

    Likelihood to Recommend

    Darwinbox

    Employees that come into work are needed to clock in to get paid for the amount of time they are working per day. They will log on to Darwinbox and clock in as soon as they can. Some will use the PTO they have available to use. HR will be able to make payroll in a timely manner for employees.
    Read full review

    Community Brands

    If you want to use grant reporting and departmental reporting, this product works very well. It works well with basic accounting tasks and reports other than aging. It has a good amount of internal integrity, i.e. you cannot have a difference between your AR sub ledger and the AR general ledger account. This is a great product if you are well skilled in using Excel to convert text to data, create pivot tables and manipulate report presentations. With the cloud version, you have access to a "classic" view that mirrors the former product and a new "online" version which is sometimes easier to use and more visually accessible in some screens.
    Read full review

    Pros

    Darwinbox

    • Employee Management - including personal details and other core HR and resourcing features e.g. time tracking, expense, payroll etc
    • Workforce planning, recruitment, tracking the recruitment drives and interview statuses and updates for the potential hires at one place
    • Integrated Rewards and Recognition, Performance management systems, and project and resourcing management
    • Great analytics dashboard allowing the more holistic and drill down visualization as per the need
    Read full review

    Community Brands

    • Tech support and knowledge base. When I encounter an issue I can research the knowledge base to see if anyone else has had the same problem, and learn how to navigate. If I need further help, the support center is ready and available.
    • I like the product enhancements; they will listen to customer feedback and make changes where we, the users, see fit.
    • I like the shortcut buttons when you are in reporting; you can easily export to excel and PDF, print report details, etc...
    • I like the options that reporting gives; you can truly create a custom report to extract exactly what you want to see or don't want to see.
    Read full review

    Cons

    Darwinbox

    • The app version is a bit lankier than the pc version.
    • Interface customization would be great for individuals wanting to change style.
    • No other real issue to improve, possibly lower the price but that's not too bad.
    Read full review

    Community Brands

    • Very difficult to use - not intuitive at all; I feel like you really need the training to understand the product.
    • Very little automation; everything has to be manually entered which allows the opportunity for more errors and also requires a lot of double and triple-checking entries.
    • Cumbersome and tedious to use; for example, a journal entry that could be done in two lines on other programs, in my experience, takes at least 6 in this program, sometimes more. When you have to do this repeatedly it takes significantly longer to do everything in this program than it should.
    • Constant issues with reporting; reports are often missing funds or are incorrect and I have to call customer support for help. Most of these issues cannot be resolved immediately and a ticket has to be created to solve them.
    • In my opinion, even simple things don't work properly. We recently found out that when exporting results into Excel, if you select to remove headers and footers with the export, the program also removes some of the data. No telling how long this has been an issue, so now we have a data integrity problem with all of our exports. MIP Fund Accounting says it will fix in the next update so this likely affects other users as well.
    • Because the product is so time-consuming and cumbersome, it creates efficiency issues; everything takes longer than it should to complete, so we have to hire additional staff, especially at peak times.
    Read full review

    Pricing Details

    Darwinbox

    Starting Price

    Editions & Modules

    Darwinbox editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      MIP Fund Accounting

      Starting Price

      $249 per month

      Editions & Modules

      MIP Fund Accounting editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        Request Pricing Info

        Likelihood to Renew

        Darwinbox

        No answers on this topic

        Community Brands

        We have been using MIP for over 25 years. In the '90s, we used the MS-Dos version and subsequently changed to the Windows version in the 2000s. Our organization is still relatively small in terms of staffing and even transaction volume; however, over the years, the number of projects has increased and is projected to increase drastically in the next year or two. With the increase in projects along with the ability of MIP to cater easily to large organizations, it makes perfect sense for us to renew when that time comes.
        Read full review

        Usability

        Darwinbox

        No answers on this topic

        Community Brands

        I don't know what it would be like in the for-profit arena, but for the non-profit arena, it is an excellent product. I love how you don't actually have to close years and are able to get information that spans over the year-end. And the grant tracking is excellent too. It is just an excellent accounting system.
        Read full review

        Reliability and Availability

        Darwinbox

        No answers on this topic

        Community Brands

        Mostly its available when I need it. I do get kicked out of the cloud while entering data at times. But I do not lose data and can often just open up the classic version to continue doing what I was doing. Only rarely is there no availability and when that happens, its a very short amount of time.
        Read full review

        Performance

        Darwinbox

        No answers on this topic

        Community Brands

        I think the reporting options are one of the best I've seen within all accounting programs I've ever used. The ease of writing new reports makes this a wonderful program. With very little experience anyone can design the specific reports to fit the needs of their organization
        Read full review

        Support Rating

        Darwinbox

        No answers on this topic

        Community Brands

        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.
        Read full review

        In-Person Training

        Darwinbox

        No answers on this topic

        Community Brands

        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.
        Read full review

        Online Training

        Darwinbox

        No answers on this topic

        Community Brands

        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.
        Read full review

        Implementation Rating

        Darwinbox

        No answers on this topic

        Community Brands

        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.
        Read full review

        Alternatives Considered

        Darwinbox

        Darwinbox is up there with ADP in terms of quality for employers to use in such an open-level style. I personally would support the use of Darwinbox against the competition.
        Read full review

        Community Brands

        We have not researched or entertained other products during my tenure here at the organization. We have been pleased with what the product provides but would expect to reevaluate systems in the next five years to ensure MIP continues to be the best option for our rapidly changing organization and industry.
        Read full review

        Scalability

        Darwinbox

        No answers on this topic

        Community Brands

        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.
        Read full review

        Return on Investment

        Darwinbox

        • The ability to view the organization structure and functional structure for the entire company.
        • One-stop solution for talent acquisition, payroll, leaves, reimbursements, attendance (time-sheet), holidays, etc. So I don't have to open a lot of different apps.
        Read full review

        Community Brands

        • The Accounting and HR teams have been able to eliminate double entry, and therefore free up a lot of time.
        • With the budgeting module, we have been able to obtain a firm grasp on our grants and utilize those funds in the best way possible.
        Read full review

        Screenshots

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