Likelihood to Recommend Users cannot update their own time sheet if mistakes are made or things change after submitting. The time sheet must be rejected by the reviewer before the user can update the time sheet. It would be much better for the user to be able to update the time sheet and resubmit, barring approval, instead of the upfront action of the reviewer rejecting the time sheet.
Read full review I do like the check register, it is easy to access. It is also easy to access information for bank reconciliations but some entries are difficult and I have had ongoing issues with duplicated entries. Those situations coming at times when I am not really sure how I have duplicated an entry and they are somewhat intimidating. It is also somewhat difficult to delete or void erroneous entries or those that need to be otherwise corrected. I do understand that it is accounting software, but feel again that it could be a little bit more user friendly, at least from a fairly "new" user's standpoint!
Read full review Pros The strengths are real time data capture for our projects. Helps our department with our clinical trials for the budgeting process (we capture time per task). Allows our department to justify additional hires. Read full review General Ledger processing, including journal entries and reports Ability to download all reports directly to Excel and PDF formats Use of Grant codes to enable grant reporting by month/quarter/year Ability to have multiple departments and consolidate into groups for reporting Accounts Payable and Accounts Receivable cannot be out of balance Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization Read full review Cons Leave management ability can be improved to offer more functions and reporting. Administration function of adding new clients can be difficult and time consuming. Maybe at times too much customization. It is difficult to administrate all the activities and tasks if we have future changes. Read full review With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change. Being able to void encumbrance at the same time as a PO would be an incredible time saver. When processing W2 the system deletes info. Read full review Likelihood to Renew All depending on cost for renewal. This is very expensive as a reporting tool, as we do not recover the cost through billing
Read full review My company is pretty dug into our current day-to-day systems that serve our operations (ServTracker, Kantime,
MicroMD ). Without MIP Fund Accounting, we would have no choice but to figure out a way to consolidate those three accounting/operations programs into (ideally) one program, which is basically impossible if we want to salvage any historical data. MIP Fund Accounting is a great hub to bring all those pieces together in a palatable form.
Read full review Usability Back end, administration or set up on the software.
Read full review I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
Read full review Reliability and Availability Yes, it's there when I need it.
Read full review I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
Read full review Performance Can be slow at times.
Read full review This software is really good as you can run reports for various funds by Revenue Code or Grant code to capture all the data you need for specific revenue streams. Like I said before, this software is amazing for the tracking of grants if you set up your chart of accounts up correctly.
Read full review Support Rating 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 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 Good training overall, some areas we do use.
Read full review 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 It takes a lot of planning and it's time consuming.
Read full review 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 Journyx is easy to use - intuitive with customizable drop down menus and with multiple report options, useful for a variety of purposes.
Read full review The HRA used RealPage (I'm not sure if it is actually the one listed above), and it did not work well. I'm not sure if it wasn't set up well, designed for larger property management companies, or just not good software, but it did not suit our needs at all. We chose a different property management software and MIP for our accounting. We used Quickbooks for Heartland Lakes, but as our business is expanding and we needed a better true fund accounting software, we chose
AccuFund to start with, but it was difficult to get set up how we needed. We did not trust the information we were getting out of it, and it wasn't easily customizable to what we needed. We canceled that software and chose MIP.
Read full review Scalability Server issues at first.
Read full review The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
Read full review Return on Investment Allowing for time and reporting to be easy to navigate Ease of entering time allows for employees/contractors to enter in their time Read full review MIP has allowed us to break down our costs even further to be able to improve our use of funding. I'm looking forward to streamlining our accounting processes even further as I learn more about the possibilities with MIP. As we fundraise for specific projects, we are able to track income and expenses by project to give our donors true numbers on how the money was used. Read full review ScreenShots MIP Fund Accounting Screenshots