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Top Rated
618 Ratings

MIP Fund Accounting

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Top Rated
618 Ratings
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Score 8.1 out of 101

Likelihood to Recommend

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

MIP Fund Accounting
7.4
Pay calculation
MIP Fund Accounting
8.8
Benefit plan administration
MIP Fund Accounting
6.6
Direct deposit files
MIP Fund Accounting
8.5
Salary revision and increment management
MIP Fund Accounting
7.0
Reimbursement management
MIP Fund Accounting
6.4

Customization

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

Security

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

Reporting & Analytics

MIP Fund Accounting
7.6
Dashboards
MIP Fund Accounting
7.0
Standard reports
MIP Fund Accounting
8.0
Custom reports
MIP Fund Accounting
7.9

General Ledger and Configurable Accounting

MIP Fund Accounting
8.0
Accounts payable
MIP Fund Accounting
8.4
Accounts receivable
MIP Fund Accounting
8.2
Cash management
MIP Fund Accounting
8.1
Bank reconciliation
MIP Fund Accounting
8.5
Expense management
MIP Fund Accounting
8.4
Time tracking
MIP Fund Accounting
6.9
Fixed asset management
MIP Fund Accounting
7.8
Multi-currency support
MIP Fund Accounting
7.7
Multi-division support
MIP Fund Accounting
8.6
Regulations compliance
MIP Fund Accounting
8.3
Electronic tax filing
MIP Fund Accounting
8.0
Self-service portal
MIP Fund Accounting
7.5
Standardized Processes
MIP Fund Accounting
7.3

Inventory Management

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

Order Management

MIP Fund Accounting
4.7
Pricing
MIP Fund Accounting
6.5
Order entry
MIP Fund Accounting
7.2
Credit card processing
MIP Fund Accounting
2.5
Cost of goods sold
MIP Fund Accounting
2.7

Pros

MIP Fund Accounting

  • Data conversion from our previous system to Abila MIP Fund Accounting was made as seamlessly as possible. We were able to successfully integrate without trouble and leaving us with continuity in our data.
  • The help that we received in developing SOPs for our growing organization proved difficult prior to using the help from Abila MIP. Once we were up and running with the service we got what we needed and were able to make our organization's procedures as ordered as a larger and more established company would have.
  • The ability to see where our funds would most effectively be spent helped us utilize them so that we could make best use four our investors.
Brandon Adawi profile photo

Cons

MIP Fund Accounting

  • Sometimes pulling reports or building the reports to give you the results you want is difficult to achieve.
  • Creating budgets was a challenge at first as was updating those budgets when revisions occur.
  • We would like to see a copy and paste function added so when entering or changing descriptions you don't have to continually keep typing them over and over.
Tracie Lambright profile photo

Likelihood to Renew

MIP Fund Accounting

MIP Fund Accounting 9.2
Based on 45 answers
I am not the decision-maker, but it would be my recommendation at this point.
Christine Frenzel profile photo

Usability

MIP Fund Accounting

MIP Fund Accounting 8.3
Based on 39 answers
MIP is fairly easy to learn and to update. Whether it's transaction entry or reporting it has logical steps and maintains consistency. These are things that make usability a positive and not a negative.
Nikki Patterson profile photo

Reliability and Availability

MIP Fund Accounting

MIP Fund Accounting 9.0
Based on 6 answers
The only time we have had a big issue is when our server went out, and this was not a MIP issue
Frances LeClair profile photo

Performance

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 answers
We have had problems with MIP's ability to integrate with other software or systems. Just makes for a longer shopping time when searching for products we need to integrate with MIP
Frances LeClair profile photo

Support

MIP Fund Accounting

MIP Fund Accounting 8.4
Based on 37 answers
I had to call support for an issue I was having to reverse a batch that was posted by mistake. The support lady was really helpful in guiding me to the correct steps in resolving my issue. I felt very confident in knowing I can call them to resolve my issues
Luis Godoy profile photo

In-Person Training

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

MIP Fund Accounting

MIP Fund Accounting 5.5
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Implementation

MIP Fund Accounting

MIP Fund Accounting 6.1
Based on 22 answers
I believe implementation went well because of the way training was setup. We started with a classroom setting to go thru all aspects of the software then practicing setup before going live.
Shirley Merrick profile photo

Alternatives Considered

MIP Fund Accounting

I have not had an opportunity to compare this system to others. I had no input in selecting this system. I would have liked to have compared it to other systems in terms of ease of use/intuitiveness, flexibility and granularity of report development, and capabilities in dealing with prior year adjustments and their effect on trial balance reporting. On those counts, I do not think the system scores very high
Thomas Harty profile photo

Scalability

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

MIP Fund Accounting

  • It is positive when I can create reports that are easily utilized month after month for grant reporting. Each of our grants requires a little different format of data and MIP allows me to customize reports to easily pull information I need to satisfy grantors.
LaShawna Simonsen profile photo

Pricing Details

MIP Fund Accounting

General

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

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