What users are saying about
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Top Rated
619 Ratings

MIP Fund Accounting

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Top Rated
619 Ratings
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Score 8 out of 101
4 Ratings
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Score 6.8 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

Replicon WebExpense

I believe it is well suited for a small sized company, like my previous one, that does not want any IT overhead to onboard a new tool. This tool is available online and can be accessed via the internet. It has all the necessary components to help you record your activity.But the solution in its current form is not scalable. [I've] Given few of my reasons I feel this is not well suited for a large company (like the one I currently work at).
Rahul Chaudhary profile photo

Feature Rating Comparison

Payroll Management

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

Customization

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

Security

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

Reporting & Analytics

MIP Fund Accounting
7.7
Replicon WebExpense
Dashboards
MIP Fund Accounting
7.1
Replicon WebExpense
Standard reports
MIP Fund Accounting
8.0
Replicon WebExpense
Custom reports
MIP Fund Accounting
7.9
Replicon WebExpense

General Ledger and Configurable Accounting

MIP Fund Accounting
8.1
Replicon WebExpense
Accounts payable
MIP Fund Accounting
8.4
Replicon WebExpense
Accounts receivable
MIP Fund Accounting
8.2
Replicon WebExpense
Cash management
MIP Fund Accounting
8.2
Replicon WebExpense
Bank reconciliation
MIP Fund Accounting
8.5
Replicon WebExpense
Expense management
MIP Fund Accounting
8.5
Replicon WebExpense
Time tracking
MIP Fund Accounting
6.9
Replicon WebExpense
Fixed asset management
MIP Fund Accounting
7.8
Replicon WebExpense
Multi-currency support
MIP Fund Accounting
7.8
Replicon WebExpense
Multi-division support
MIP Fund Accounting
8.6
Replicon WebExpense
Regulations compliance
MIP Fund Accounting
8.4
Replicon WebExpense
Electronic tax filing
MIP Fund Accounting
8.1
Replicon WebExpense
Self-service portal
MIP Fund Accounting
7.8
Replicon WebExpense
Standardized Processes
MIP Fund Accounting
7.4
Replicon WebExpense

Inventory Management

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

Order Management

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

Pros

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

Replicon WebExpense

  • It allowed me to fill my work time sheet. Every week I had to fill this. Based on the numbers the company keeps track of which days I worked.
  • It reminded me to fill the time sheets constantly and also notifies me when it gets approved. So I never really forgot to fill it.
  • It allowed me to see my vacation days left, and plan ahead.
  • It had a list of holiday dates which was very handy to plan my trips or vacation.
  • It had categorization by department and my view of time sheets was only limited to me. I could not see others time sheets, and except for my manager, nobody else could look into mine.
  • It had internet access, which meant I could fill my sheets anywhere. It came in handy while working from home where a VPN connection may not be present. I also guess that this service being online meant no extra effort from IT department side.
Rahul Chaudhary profile photo

Cons

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

Replicon WebExpense

  • The UI in my opinion was too simple. Calendar views were pretty stale.
  • I don't believe there was a mobile app for this, or this site worked nicely when opened on small devices.
  • A better view of my time could have been shown. At the time I could only see small excel like boxes filled with numbers. Graphs, or some other visualization of remaining days would have been lucrative.
  • Very stupid login page. We had to fill "company name" at the login page and this name had to match exactly to what was set in the database. It was frustrating and I always had to refer my notes to get that right.
  • There wasn't any preselection option which made it hard to do it fast. If I can only set a few fields (because we had long list of dropdowns to choose from) then this process could be much smoother.
  • A major issue was not being able to see my team-mates schedule or calendar. E.g. when are they taking vacations. So I had to pester them offline to get this information. Many times due to inter-team miscommunication we didn't know about others vacation days during planning. A central place where I could see this information would have helped me a lot.
Rahul Chaudhary profile photo

Likelihood to Renew

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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Usability

MIP Fund Accounting

MIP Fund Accounting 8.3
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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Reliability and Availability

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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Performance

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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Support

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

Replicon WebExpense

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 profile photo

Replicon WebExpense

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 5.0
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Replicon WebExpense

No score
No answers yet
No answers on this topic

Implementation

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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Alternatives Considered

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

Replicon WebExpense

I believe it is not in my power to select the best tool. It depends on whatever company I work for. It just happens that we use a different system (and I don't even know if this is an internal system, or another online tool). But I do like my current system. It has a better UI, and more detailed insights about my time. It also shows my pay stubs and other small neat information like tax papers to help me organize. It also has notifications when something new comes up.All these features I think I lacked in Replicon (or maybe my company didn't have access to these).
Rahul Chaudhary 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

Replicon WebExpense

No score
No answers yet
No answers on this topic

Return on Investment

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

Replicon WebExpense

  • Replicon helped me maintain a record of my time. This helped during my assessment where my manager could see my work hours.
  • Replicon was easy to use, so I didn't spend my precious time filling sheets in this site. As far as I can remember, this site only gave me problem once, but was never down.
  • Though a good tool, I actually never got the use case of recording your time sheets. I think it will be pretty hard for an employee to just fill the time sheet and not show up for work. There are so many meetings and people around you, that you cannot fake your presence. So I feel there is no need to fill time sheets. It is a functionality with no real world solution.
Rahul Chaudhary profile photo

Screenshots

Pricing Details

MIP Fund Accounting

General

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

Replicon WebExpense

General

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

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