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2 Ratings
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Top Rated
619 Ratings
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Score 10 out of 101

MIP Fund Accounting

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Top Rated
619 Ratings
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Score 8 out of 101

Likelihood to Recommend

ExpensePath

ExpensePath works great for mid-size companies with multiple locations and multiple levels of approval needed. It doesn't have the bells and whistles of more expensive options like Expensify or Concur, but they excel at being attentive to customer needs and simple to use.
Tyler Shockley profile photo

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 profile photo

Feature Rating Comparison

Payroll Management

ExpensePath
MIP Fund Accounting
7.4
Pay calculation
ExpensePath
MIP Fund Accounting
8.7
Benefit plan administration
ExpensePath
MIP Fund Accounting
6.4
Direct deposit files
ExpensePath
MIP Fund Accounting
8.5
Salary revision and increment management
ExpensePath
MIP Fund Accounting
7.1
Reimbursement management
ExpensePath
MIP Fund Accounting
6.3

Customization

ExpensePath
MIP Fund Accounting
8.5
API for custom integration
ExpensePath
MIP Fund Accounting
8.4
Plug-ins
ExpensePath
MIP Fund Accounting
8.6

Security

ExpensePath
MIP Fund Accounting
8.8
Single sign-on capability
ExpensePath
MIP Fund Accounting
8.7
Role-based user permissions
ExpensePath
MIP Fund Accounting
8.9

Reporting & Analytics

ExpensePath
MIP Fund Accounting
7.7
Dashboards
ExpensePath
MIP Fund Accounting
7.1
Standard reports
ExpensePath
MIP Fund Accounting
8.0
Custom reports
ExpensePath
MIP Fund Accounting
7.9

General Ledger and Configurable Accounting

ExpensePath
MIP Fund Accounting
8.0
Accounts payable
ExpensePath
MIP Fund Accounting
8.4
Accounts receivable
ExpensePath
MIP Fund Accounting
8.2
Cash management
ExpensePath
MIP Fund Accounting
8.2
Bank reconciliation
ExpensePath
MIP Fund Accounting
8.5
Expense management
ExpensePath
MIP Fund Accounting
8.5
Time tracking
ExpensePath
MIP Fund Accounting
6.9
Fixed asset management
ExpensePath
MIP Fund Accounting
7.8
Multi-currency support
ExpensePath
MIP Fund Accounting
7.8
Multi-division support
ExpensePath
MIP Fund Accounting
8.6
Regulations compliance
ExpensePath
MIP Fund Accounting
8.4
Electronic tax filing
ExpensePath
MIP Fund Accounting
8.1
Self-service portal
ExpensePath
MIP Fund Accounting
7.8
Standardized Processes
ExpensePath
MIP Fund Accounting
7.4

Inventory Management

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

Order Management

ExpensePath
MIP Fund Accounting
4.7
Pricing
ExpensePath
MIP Fund Accounting
6.4
Order entry
ExpensePath
MIP Fund Accounting
7.2
Credit card processing
ExpensePath
MIP Fund Accounting
2.5
Cost of goods sold
ExpensePath
MIP Fund Accounting
2.7

Pros

ExpensePath

  • ExpensePath responds within minutes and helps solve issues right away. Vik and his team are always open to how they can better their product.
  • ExpensePath's app is quite simple and straightforward, making it easy to teach to even our technology averse employees.
  • Though we don't use it extensively, we appreciate ExpensePath's internal expense reporting functionality, which provides good insight into our employee's spending.
  • They correctly integrated our Sage Intacct GL accounts and dimensions directly into the system, so no additional mapping was needed after setup.
Tyler Shockley profile photo

MIP Fund Accounting

  • The interface and operations of Abila 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 profile photo

Cons

ExpensePath

  • They're in the process of developing the ability to directly reimburse from ExpensePath rather than cutting a check through an ERP. This feature would be very helpful.
Tyler Shockley profile photo

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 profile photo

Likelihood to Renew

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.2
Based on 45 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 profile photo

Usability

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.3
Based on 39 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 profile photo

Reliability and Availability

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.0
Based on 6 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 profile photo

Performance

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 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 profile photo

Support

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.4
Based on 37 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 profile photo

In-Person Training

ExpensePath

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 profile photo

Online Training

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 5.0
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Implementation

ExpensePath

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 5.9
Based on 22 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 profile photo

Alternatives Considered

ExpensePath

Expensify was a nightmare. We used it for 8 months and couldn't wait to find something else. Their customer service was unresponsive and rarely got back to us in a timely fashion. They never solved any of the issues we were having with integrating to Sage Intacct, and their "smart scan" feature never worked once. Their app was painful to navigate. On top of the many reasons already listed, we switched to ExpensePath because they're not flashy. ExpensePath delivers a great product without the veneer of many of its competitors.
Tyler Shockley profile photo

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 profile photo

Scalability

ExpensePath

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 profile photo

Return on Investment

ExpensePath

  • The first goal of our finance department is to make all of the tools we use to gather information integrate with our main ERP, Sage Intacct. ExpensePath's integration has been flawless and saved us hours of manual expense entry.
  • The second goal of our finance department is to make all of the tools we utilize easily adoptable by new users. ExpensePath is one of the simplest, most responsive apps we've ever seen. Even those on our team who are averse to adopting new technology like ExpensePath.
Tyler Shockley profile photo

MIP Fund Accounting

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA profile photo

Pricing Details

ExpensePath

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
Entry-level set up fee?
No

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