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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MIP Fund Accounting

    Score8.5 out of 10
    N/AMIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
    Pricing
    MIP Fund Accounting
    Editions & Modules
    No answers on this topic
    Offerings
    Pricing Offerings
    MIP Fund Accounting
    Free Trial
    No
    Free/Freemium Version
    No
    Premium Consulting/Integration Services
    Yes
    Entry-level Setup FeeNo setup fee
    Additional Details—
    More Pricing Information
    Community Pulse
    MIP Fund Accounting
    Considered Both Products
    Momentive Software
    Chose MIP Fund Accounting
    I've had limited use of Quickbooks, but I think MIP Fund Accounting is far superior with the options and capabilities
    Incentivized
    Chose MIP Fund Accounting
    We have looked into other programs such as Classy and GiveGab/Greater Giving. While the customization on the forms for those alternatives are better, the prices for those programs are just too high.
    Incentivized
    Chose MIP Fund Accounting
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more …
    Incentivized
    Chose MIP Fund Accounting
    Abila MIP Fund Accounting was already in place with the Agency I am currently employed with, when I started my position there. I was able to teach Sage to myself, but Abila has been a little bit more complex as far as that goes, at least in my opinion.
    Incentivized
    Chose MIP Fund Accounting
    While I feel Sage Intacct is a good software, it does not suite the needs of the organization the way MIP does. As I had mentioned, the Knowledgebase that MIP Fund Accounting has is an incredible tool that makes it so much easier for us to find solutions and to get the help we …
    Incentivized
    Chose MIP Fund Accounting
    Much better user interface and menu structure.
    Incentivized
    Chose MIP Fund Accounting
    I only used CATALYST Accounting software for a few months but thought it was very cumbersome, especially at year-end when a hard close was needed.
    Incentivized
    Chose MIP Fund Accounting
    We chose MIP Fund Accounting for a better cost especially for non-profit industry over Quickbooks.
    Incentivized
    Chose MIP Fund Accounting
    Our county still has EDEN - we use MIP for our grant and contract tracking because MIP is much more flexible to track the Data and run reports from. EDEN is impossible to do the kind of tracking that we need to track and bill our grants and contracts.
    Incentivized
    Chose MIP Fund Accounting
    MIP Fund Accounting is the only financial software program that I have used for the purpose of consolidating financial data, and it seems to perform that function with a minimal learning curve. My employer is a non-profit entity. MIP Fund Accounting is built to function for …
    Incentivized
    Chose MIP Fund Accounting
    That was so long ago it's hard to remember. I think we looked at Blackbaud back in 2004.
    Incentivized
    Chose MIP Fund Accounting
    I prefer MIP to the other software I have been exposed to based on cost, ease of use, and functionality. I have tried Blackbaud about 14 years ago and was not impressed as it was hard to use and not intuitive at all. As for quickbooks, I have not used that program in mane …
    Incentivized
    Chose MIP Fund Accounting
    N/A
    Incentivized
    Chose MIP Fund Accounting
    MIP Fund works well such as one competitor I have used before. Adapting to other online program software systems is the only thing I can think of that MIP could do better. But primarily as a non-profit with little time on hand and always overworked, a simpler software program …
    Incentivized
    Chose MIP Fund Accounting
    I did not initiate the purchase of MIP. The software has been within the organization more than five years.
    Incentivized
    Chose MIP Fund Accounting
    MIP HR Management works well for us because MIP was able to help us on personalizing the software according to our needs for better performance.
    Incentivized
    Chose MIP Fund Accounting
    Quick Books
    Incentivized
    Chose MIP Fund Accounting
    none
    Incentivized
    Chose MIP Fund Accounting
    I have not used any other accounting software products.
    Incentivized
    Chose MIP Fund Accounting
    Compared to other software I've used, MIP is by far the most user friendly and easiest to operate that've I've seen. Reports are easy to run, and I love being able to narrow down the information to only pull specific items.
    Incentivized
    Chose MIP Fund Accounting
    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 …
    Incentivized
    Chose MIP Fund Accounting
    We are in the very first stages of looking at alternative accounting software. Abila MIP Fund Accounting was implemented at our organization before I started and our organization has now outgrown the system.
    Incentivized
    Chose MIP Fund Accounting
    None.
    Incentivized
    Chose MIP Fund Accounting
    I have been at this position for 7 years and don't feel like I am in a position to compare the products.
    Incentivized
    Key User Insights
    Would buy again
    91%
    Would buy again
    116 Answers
    Delivers good value for the price
    97%
    Delivers good value for the price
    108 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    119 Answers
    Lived up to sales and marketing promises
    86%
    Lived up to sales and marketing promises
    54 Answers
    Implementation went as expected
    85%
    Implementation went as expected
    56 Answers
    Best Alternatives
    MIP Fund Accounting
    Small Businesses
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Medium-sized Companies
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Enterprises
    No answers on this topic
    All AlternativesView all alternatives
    User Ratings
    MIP Fund Accounting
    Likelihood to Recommend
    9.6
    (435 ratings)
    Likelihood to Renew
    9.8
    (132 ratings)
    Usability
    8.7
    (103 ratings)
    Availability
    10.0
    (15 ratings)
    Performance
    8.4
    (92 ratings)
    Support Rating
    9.0
    (100 ratings)
    In-Person Training
    10.0
    (9 ratings)
    Online Training
    8.0
    (7 ratings)
    Implementation Rating
    6.1
    (28 ratings)
    Configurability
    8.4
    (8 ratings)
    Ease of integration
    9.0
    (14 ratings)
    Product Scalability
    8.1
    (15 ratings)
    Vendor post-sale
    9.7
    (13 ratings)
    Vendor pre-sale
    8.9
    (13 ratings)
    User Testimonials
    MIP Fund Accounting
    Likelihood to Recommend
    Momentive Software
    MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
    Incentivized
    Read full review
    Pros
    Momentive Software
    • Easy to obtain check register for select periods
    • Easy to do bank reconciliations
    • Easy to log in for remote work, for anywhere I need to access it from!
    • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
    Incentivized
    Read full review
    Cons
    Momentive Software
    • 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.
    Incentivized
    Read full review
    Likelihood to Renew
    Momentive Software
    I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
    Incentivized
    Read full review
    Usability
    Momentive Software
    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
    Incentivized
    Read full review
    Reliability and Availability
    Momentive Software
    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.
    Incentivized
    Read full review
    Performance
    Momentive Software
    We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
    Incentivized
    Read full review
    Support Rating
    Momentive Software
    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.
    Incentivized
    Read full review
    In-Person Training
    Momentive Software
    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.
    Incentivized
    Read full review
    Online Training
    Momentive Software
    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.
    Incentivized
    Read full review
    Implementation Rating
    Momentive Software
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Momentive Software
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
    Incentivized
    Read full review
    Scalability
    Momentive Software
    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.
    Incentivized
    Read full review
    Return on Investment
    Momentive Software
    • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
    • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
    • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
    • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
    Incentivized
    Read full review
    ScreenShots

    MIP Fund Accounting Screenshots

    Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions