What users are saying about
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Top Rated
713 Ratings

MIP Fund Accounting

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Top Rated
713 Ratings
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Score 8.2 out of 100
10 Ratings
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Score 7.5 out of 100

Likelihood to Recommend

MIP Fund Accounting

As mentioned, for a non-profit, it is fantastic. I know there are other products out there for non-profits, many of which are exorbitantly expensive. I love how MIP gets better and better. When we were first with MIP some 18 or 19 years ago, it was great but did not do nearly what it does today. I wish I had had the time over the years to learn all the new features, but I did not. Still, I love it.
Charmyne Goodfellow | TrustRadius Reviewer

Netsuite SuiteSuccess

We used Netsuite [SuiteSuccess] for lots of things1. Inventory2. Email trigger on shipment3. Reporting
sandeep singh | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.4
Netsuite SuiteSuccess
Pay calculation
MIP Fund Accounting
8.3
Netsuite SuiteSuccess
Benefit plan administration
MIP Fund Accounting
6.6
Netsuite SuiteSuccess
Direct deposit files
MIP Fund Accounting
8.7
Netsuite SuiteSuccess
Salary revision and increment management
MIP Fund Accounting
6.6
Netsuite SuiteSuccess
Reimbursement management
MIP Fund Accounting
6.8
Netsuite SuiteSuccess

Customization

MIP Fund Accounting
7.7
Netsuite SuiteSuccess
API for custom integration
MIP Fund Accounting
7.9
Netsuite SuiteSuccess
Plug-ins
MIP Fund Accounting
7.5
Netsuite SuiteSuccess

Security

MIP Fund Accounting
8.5
Netsuite SuiteSuccess
Single sign-on capability
MIP Fund Accounting
8.5
Netsuite SuiteSuccess
Role-based user permissions
MIP Fund Accounting
8.4
Netsuite SuiteSuccess

Reporting & Analytics

MIP Fund Accounting
8.0
Netsuite SuiteSuccess
Dashboards
MIP Fund Accounting
7.5
Netsuite SuiteSuccess
Standard reports
MIP Fund Accounting
8.4
Netsuite SuiteSuccess
Custom reports
MIP Fund Accounting
8.2
Netsuite SuiteSuccess

General Ledger and Configurable Accounting

MIP Fund Accounting
8.2
Netsuite SuiteSuccess
Accounts payable
MIP Fund Accounting
8.7
Netsuite SuiteSuccess
Accounts receivable
MIP Fund Accounting
8.2
Netsuite SuiteSuccess
Cash management
MIP Fund Accounting
7.8
Netsuite SuiteSuccess
Bank reconciliation
MIP Fund Accounting
8.3
Netsuite SuiteSuccess
Expense management
MIP Fund Accounting
8.5
Netsuite SuiteSuccess
Time tracking
MIP Fund Accounting
7.3
Netsuite SuiteSuccess
Fixed asset management
MIP Fund Accounting
8.0
Netsuite SuiteSuccess
Multi-currency support
MIP Fund Accounting
8.4
Netsuite SuiteSuccess
Multi-division support
MIP Fund Accounting
9.0
Netsuite SuiteSuccess
Regulations compliance
MIP Fund Accounting
8.4
Netsuite SuiteSuccess
Electronic tax filing
MIP Fund Accounting
8.3
Netsuite SuiteSuccess
Self-service portal
MIP Fund Accounting
7.4
Netsuite SuiteSuccess
Journals and Reconciliations
MIP Fund Accounting
8.1
Netsuite SuiteSuccess
Enterprise Accounting
MIP Fund Accounting
7.9
Netsuite SuiteSuccess
Configurable Accounting
MIP Fund Accounting
8.5
Netsuite SuiteSuccess
Standardized Processes
MIP Fund Accounting
8.2
Netsuite SuiteSuccess

Inventory Management

MIP Fund Accounting
4.5
Netsuite SuiteSuccess
Inventory tracking
MIP Fund Accounting
8.0
Netsuite SuiteSuccess
Automatic reordering
MIP Fund Accounting
1.0
Netsuite SuiteSuccess
Location management
MIP Fund Accounting
8.2
Netsuite SuiteSuccess
Manufacturing module
MIP Fund Accounting
1.0
Netsuite SuiteSuccess

Order Management

MIP Fund Accounting
4.5
Netsuite SuiteSuccess
Pricing
MIP Fund Accounting
5.9
Netsuite SuiteSuccess
Order entry
MIP Fund Accounting
7.3
Netsuite SuiteSuccess
Credit card processing
MIP Fund Accounting
2.3
Netsuite SuiteSuccess
Cost of goods sold
MIP Fund Accounting
2.5
Netsuite SuiteSuccess

Pros

MIP Fund Accounting

  • Grant level accounting. We manage well over 50 active grants at any given time. This system allows us to track revenue and expenditures at a grant level which enables our staff to accurately and effectively manage, monitor and report to funders.
  • Allocations module. The allocation module functions enable us to set various allocation methods to capture overhead costs and allocate to cost centers and grants efficiently and effectively.
  • Fixed Asset module. The fixed asset module allows us to integrate asset tracking and depreciation schedules that are easy to use and integrated for efficiency.
Bryan Martin | TrustRadius Reviewer

Netsuite SuiteSuccess

  • Our highly-customized approval routing for expense reports creates ease and flexibility for our accounting department.
  • Using the non-profit features, we are now able to track donations at both the household and individual levels. Having the option to run donor reports on a single person or on the whole household has cut down lots of hours that was spent on manual data manipulation.
  • With financial segmentation, we can easily track expenses by location, department, and grants.
Anonymous | TrustRadius Reviewer

Cons

MIP Fund Accounting

  • MIP Cloud took away the ability to have multiple things open simultaneously. Now if I need to add a vendor in the middle of a check run, I need to completely exit the batch. The desktop version offered ways to have both open simultaneously.
  • The Cloud version is picky about checking duplicate document numbers during a bank reconciliation. If I select avoided check and there are two document 15's, it will only save one document. I have to go to the desktop version to lock it.
  • The Cloud version does not allow me to do my Recurring Entries. They automatically appear with a warning that they are due when I enter the desktop version.
Anonymous | TrustRadius Reviewer

Netsuite SuiteSuccess

  • It does NOT have a fully-functional CRM. We cannot readily see donor data in on easy place.
  • The layout of the budget doesn't lock column and row headers, so you cannot see the cell you're entering budget values.
  • There are too many challenges to note. We have tried working with their support team, and they were unable to fix the many, many problems we were having. It was that interaction that helped solidify the decision to find a different CRM and Accounting solution(s).
Anonymous | TrustRadius Reviewer

Likelihood to Renew

MIP Fund Accounting

MIP Fund Accounting 9.7
Based on 49 answers
Honestly - if we had the resources to move - we would do it in a heartbeat. We have wasted so much money on this program. I am so disappointed in this product. I am so glad that I did not install it here. I just want basic functionality - and this program does not deliver.
Anonymous | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Usability

MIP Fund Accounting

MIP Fund Accounting 7.9
Based on 90 answers
I find MIP Fund Accounting easy to use, but I also minored in ERP systems in college. If you are a tech savvy type of person, you wouldn't have much trouble. However, those that are not tech savvy, may have difficulty. The good thing is, MIP Fund Accounting has a help page on every single screen; so if you have questions, the help button will address issues on that specific page.
Sarah Gruver | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Reliability and Availability

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 11 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 | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Performance

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 12 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 | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Support Rating

MIP Fund Accounting

MIP Fund Accounting 8.1
Based on 122 answers
While MIP rarely answers when you call, they have never missed their SLA obligation and [are] usually faster than it requires. They jump right into the issue without 20 layers of people who barely know what program you are calling about never mind CPA level accounting issues or large setup issues.
Bob Simpson | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

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 | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 4.0
Based on 4 answers
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.
Anonymous | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Implementation Rating

MIP Fund Accounting

MIP Fund Accounting 3.8
Based on 42 answers
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
Jeffrey Chapman | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Alternatives Considered

MIP Fund Accounting

I used Great Plains at a former job. It was also designed for non-profits. The payroll function/feature was much easier to maneuver than MIP Fund Accounting. The AP feature was comparable to that of MIP Fund Accounting and functioned somewhat the same. Which is nice. I do not know about the reports feature, as my reports processing was limited due to the job I had. Same with the budgeting features and A/R. We are a non-profit organization that wished to utilize a system designed specifically for this type of organization.
Cori May | TrustRadius Reviewer

Netsuite SuiteSuccess

We used Salesforce as CRM we feel Salesforce is more flexible as CRM system
sandeep singh | TrustRadius Reviewer

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 | TrustRadius Reviewer

Netsuite SuiteSuccess

No score
No answers yet
No answers on this topic

Return on Investment

MIP Fund Accounting

  • It has fit our needs exactly.
  • It is all I've ever used at this organization. We briefly tried another setup in order to integrate with other systems and we quickly abandoned it to move back to MIP Fund Accounting (formerly Abila MIP).
  • It has been a big time saver at payroll time and tax time.
Anonymous | TrustRadius Reviewer

Netsuite SuiteSuccess

  • We have been able to produce accurate and powerful data that's resulted in new grants being awarded.
  • We are able to see Customer and Donor involvement in one system now, resulting in greater understanding of depth of relationships across the organization.
  • We cut annual and monthly costs by implementing NetSuite and rolling our Donor relations CRM, client relations CRM, Accounting, and Expense reporting into one system.
Anonymous | TrustRadius Reviewer

Screenshots

Pricing Details

MIP Fund Accounting

General

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

Starting Price

$249 per month

Netsuite SuiteSuccess

General

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

Starting Price

Rating Summary

Likelihood to Recommend

MIP Fund Accounting
8.2
Netsuite SuiteSuccess
8.0

Likelihood to Renew

MIP Fund Accounting
9.7
Netsuite SuiteSuccess

Usability

MIP Fund Accounting
7.9
Netsuite SuiteSuccess

Reliability and Availability

MIP Fund Accounting
10.0
Netsuite SuiteSuccess

Performance

MIP Fund Accounting
10.0
Netsuite SuiteSuccess

Support Rating

MIP Fund Accounting
8.1
Netsuite SuiteSuccess

In-Person Training

MIP Fund Accounting
8.0
Netsuite SuiteSuccess

Online Training

MIP Fund Accounting
4.0
Netsuite SuiteSuccess

Implementation Rating

MIP Fund Accounting
3.8
Netsuite SuiteSuccess

Scalability

MIP Fund Accounting
9.0
Netsuite SuiteSuccess

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