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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

Harpoon

If you're freelancing or running a small marketing agency, I'll steer you strongly towards Harpoon. It's such a terrific fit for this business type. It provides easy invoice management so if that's all you care about, use Harpoon this way. If you want a tool that will guide you towards success, Harpoon helps you do this when launching your account. Know what you want to earn, what it takes to get there, and how you're doing along the way. What financial software for freelancers provides simple project tools? Harpoon.
Jason Montoya 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

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

Customization

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

Security

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

Reporting & Analytics

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

General Ledger and Configurable Accounting

Harpoon
MIP Fund Accounting
8.1
Accounts payable
Harpoon
MIP Fund Accounting
8.4
Accounts receivable
Harpoon
MIP Fund Accounting
8.2
Cash management
Harpoon
MIP Fund Accounting
8.2
Bank reconciliation
Harpoon
MIP Fund Accounting
8.5
Expense management
Harpoon
MIP Fund Accounting
8.6
Time tracking
Harpoon
MIP Fund Accounting
6.9
Fixed asset management
Harpoon
MIP Fund Accounting
7.8
Multi-currency support
Harpoon
MIP Fund Accounting
7.8
Multi-division support
Harpoon
MIP Fund Accounting
8.6
Regulations compliance
Harpoon
MIP Fund Accounting
8.4
Electronic tax filing
Harpoon
MIP Fund Accounting
8.1
Self-service portal
Harpoon
MIP Fund Accounting
7.9
Standardized Processes
Harpoon
MIP Fund Accounting
7.5

Inventory Management

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

Order Management

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

Pros

Harpoon

  • Makes Sending Invoices & Collecting Payment Easy, for Freelancers
  • Tracking Financial Goals (Monthly & Annual) & Projecting Future Results
  • Provides Insights On AR, Earned Income, Top Clients, and other helpful but highly relevant data points.
Jason Montoya 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

Harpoon

  • The automatic expense management is basic. It does sync with banks, but I've had some duplicate entry issues that are being worked out of the system.
  • I'd like to see additional reports that dive deeper into some of the dashboard widgets.
Jason Montoya 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

Harpoon

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

Harpoon

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.2
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

Harpoon

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

Harpoon

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

Harpoon

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

Harpoon

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

Harpoon

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.9
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Implementation

Harpoon

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

Harpoon

I've used Less Accounting and & Quickbooks Online. After Less Accounting was acquired, its development was mostly stopped. While the tool was a simple way to manage invoices and expenses, its directional philosophy changed with the new owners. Quickbooks Online was a solid tool, but the company support was unhelpful and hard to work with at times. Harpoon provides a great tool, with a company that cares about its users.
Jason Montoya 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

Harpoon

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

Harpoon

  • Clear and precise visibility of my financial status.
  • Projections of how I'm doing today, this month, and this year.
  • Clarity on what needs to happen with client development to reach my goals.
  • It shrinks the amount of time I spend on getting clients to pay my invoices.
Jason Montoya 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

Harpoon

General

Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Harpoon Editions & Modules

Edition
Single User - Unlimited Everything$191
  1. per month
Additional Pricing Details

MIP Fund Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

MIP Fund Accounting Editions & Modules

Additional Pricing Details

Rating Summary

Likelihood to Recommend

Harpoon
10.0
MIP Fund Accounting
8.0

Likelihood to Renew

Harpoon
MIP Fund Accounting
9.2

Usability

Harpoon
MIP Fund Accounting
8.2

Reliability and Availability

Harpoon
MIP Fund Accounting
9.0

Performance

Harpoon
MIP Fund Accounting
10.0

Support

Harpoon
MIP Fund Accounting
8.4

In-Person Training

Harpoon
MIP Fund Accounting
8.0

Online Training

Harpoon
MIP Fund Accounting
4.9

Implementation

Harpoon
MIP Fund Accounting
5.9

Scalability

Harpoon
MIP Fund Accounting
9.0

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