What users are saying about
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Top Rated
618 Ratings
65 Ratings

MIP Fund Accounting

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Top Rated
618 Ratings
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Score 8.1 out of 101
65 Ratings
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Score 7.7 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

Sage 300 ERP

I have used Sage products at a few different companies and am pleased overall with ease of use, functionality, etc. It's good for mid-size companies in my opinion. The good news is you have the ability to grow the software as needed, adding on 3rd party softwares for document management or PO approval routing
No photo available

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.4
Sage 300 ERP
8.3
Pay calculation
MIP Fund Accounting
8.8
Sage 300 ERP
8.5
Benefit plan administration
MIP Fund Accounting
6.6
Sage 300 ERP
9.0
Direct deposit files
MIP Fund Accounting
8.5
Sage 300 ERP
8.6
Salary revision and increment management
MIP Fund Accounting
7.0
Sage 300 ERP
7.8
Reimbursement management
MIP Fund Accounting
6.4
Sage 300 ERP
7.4

Customization

MIP Fund Accounting
8.5
Sage 300 ERP
6.4
API for custom integration
MIP Fund Accounting
8.4
Sage 300 ERP
6.8
Plug-ins
MIP Fund Accounting
8.6
Sage 300 ERP
5.9

Security

MIP Fund Accounting
8.7
Sage 300 ERP
8.6
Single sign-on capability
MIP Fund Accounting
8.7
Sage 300 ERP
8.3
Role-based user permissions
MIP Fund Accounting
8.8
Sage 300 ERP
9.0

Reporting & Analytics

MIP Fund Accounting
7.6
Sage 300 ERP
7.6
Dashboards
MIP Fund Accounting
7.0
Sage 300 ERP
6.9
Standard reports
MIP Fund Accounting
8.0
Sage 300 ERP
7.5
Custom reports
MIP Fund Accounting
7.9
Sage 300 ERP
8.4

General Ledger and Configurable Accounting

MIP Fund Accounting
8.0
Sage 300 ERP
7.7
Accounts payable
MIP Fund Accounting
8.4
Sage 300 ERP
9.0
Accounts receivable
MIP Fund Accounting
8.2
Sage 300 ERP
8.8
Cash management
MIP Fund Accounting
8.1
Sage 300 ERP
9.4
Bank reconciliation
MIP Fund Accounting
8.5
Sage 300 ERP
9.0
Expense management
MIP Fund Accounting
8.4
Sage 300 ERP
7.3
Time tracking
MIP Fund Accounting
6.9
Sage 300 ERP
7.0
Fixed asset management
MIP Fund Accounting
7.8
Sage 300 ERP
8.0
Multi-currency support
MIP Fund Accounting
7.7
Sage 300 ERP
5.5
Multi-division support
MIP Fund Accounting
8.6
Sage 300 ERP
7.7
Regulations compliance
MIP Fund Accounting
8.3
Sage 300 ERP
7.2
Electronic tax filing
MIP Fund Accounting
8.0
Sage 300 ERP
5.8
Self-service portal
MIP Fund Accounting
7.5
Sage 300 ERP
7.9
Standardized Processes
MIP Fund Accounting
7.3
Sage 300 ERP
7.7
Global Financial Support
MIP Fund Accounting
Sage 300 ERP
2.0
Primary and Secondary Ledgers
MIP Fund Accounting
Sage 300 ERP
9.0
Intercompany Accounting
MIP Fund Accounting
Sage 300 ERP
9.1
Localizations
MIP Fund Accounting
Sage 300 ERP
7.0
Journals and Reconciliations
MIP Fund Accounting
Sage 300 ERP
8.6
Enterprise Accounting
MIP Fund Accounting
Sage 300 ERP
8.8
Configurable Accounting
MIP Fund Accounting
Sage 300 ERP
8.6
Centralized Rules Framework
MIP Fund Accounting
Sage 300 ERP
8.0

Inventory Management

MIP Fund Accounting
4.2
Sage 300 ERP
9.2
Inventory tracking
MIP Fund Accounting
7.3
Sage 300 ERP
10.0
Automatic reordering
MIP Fund Accounting
1.0
Sage 300 ERP
8.6
Location management
MIP Fund Accounting
7.7
Sage 300 ERP
10.0
Manufacturing module
MIP Fund Accounting
1.0
Sage 300 ERP
8.2

Order Management

MIP Fund Accounting
4.7
Sage 300 ERP
9.2
Pricing
MIP Fund Accounting
6.5
Sage 300 ERP
8.5
Order entry
MIP Fund Accounting
7.2
Sage 300 ERP
10.0
Credit card processing
MIP Fund Accounting
2.5
Sage 300 ERP
8.3
Cost of goods sold
MIP Fund Accounting
2.7
Sage 300 ERP
10.0

Pros

MIP Fund Accounting

  • Tracks budget amounts and availability very smoothly and the reports are easy to read and utilize.
  • The encumbrance tracking is excellent and makes staying on budget much easier.
  • The general ledgers are easy to access and read.
  • Information by funding source is easy to track and access.
  • Like the 1099 coding functions.
Eris Tanner profile photo

Sage 300 ERP

  • The installation directions are clear and easy to follow.
  • The ability to import and export data is also easy allowing you to perform mundane tasks easily and efficiently.
  • The security features allow you to fine tune the permissions for the end users so that they cannot see data that you do not want them privy to.
Lisa McQueen profile photo

Cons

MIP Fund Accounting

  • Payroll module is too complex and requires too much duplication of information input. This is the most confusing system I have ever utilized. It needs to be streamlined and duplications removed. Some information has to be entered in 2-3 locations, much too time consuming and easy to overlook.
  • The payroll tax reporting is very much outdated-have worked with much cheaper software that did a much better job of processing tax returns and W-2/W-3's.
  • While we like the accounting, we would certainly like to switch the payroll system for something better.
  • Drill-down ability on the GL would be nice.
Eris Tanner profile photo

Sage 300 ERP

  • Old database structure
  • They lag behind in project management features, such as RFI, and submittals
  • Developing new features in the Job cost module
Lee Doxey 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

Sage 300 ERP

Sage 300 ERP 8.4
Based on 2 answers
Sage takes care of all of our accounting needs. I will not consider using another accounting product
Marcia Flocks profile photo

Usability

MIP Fund Accounting

MIP Fund Accounting 8.3
Based on 39 answers
Overall, the software has many useful features and is generally east to use, however, when the Data Integrity Check function identifies a problem, it is not clear what caused the problem (so we can avoid making the same error in the future) and it requires us to call Customer Support to resolve the problem. This last step is unnecessarily time consuming.
Jeffrey Chapman profile photo

Sage 300 ERP

Sage 300 ERP 6.0
Based on 2 answers
Every product can use modest improvement. Sage needs a more modern interface using some of the functionality we see in common interfaces we use every day in the web and with modern operating systems.
No photo available

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

Sage 300 ERP

No score
No answers yet
No answers on this topic

Performance

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 answers
It usually loads very quickly and I am able to get to work right away.
Cindy Chapple profile photo

Sage 300 ERP

No score
No answers yet
No answers on this topic

Support

MIP Fund Accounting

MIP Fund Accounting 8.4
Based on 37 answers
Every time we have needed support we had the issue resolved within an hour.
Bianca Jurczak profile photo

Sage 300 ERP

Sage 300 ERP 7.3
Based on 1 answer
Turnover is high in the Sage Support department so sometimes it is difficult to get a rep who knows the issue well. Reps are good and getting assistance when they need it. Sometimes support is more interested in closing issue than actually solving problem. It can be difficult at times to have issues escalated but overall the support is good.
No photo available

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

Sage 300 ERP

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

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

Sage 300 ERP

No score
No answers yet
No answers on this topic

Implementation

MIP Fund Accounting

MIP Fund Accounting 6.1
Based on 22 answers
I highly recommend using a business partner for implementation. The business partners have implemented this product for numerous years and have a wealth of knowledge from working with various non profits and governmental entities. Some are close by and can provide on site training.
karen hoffman profile photo

Sage 300 ERP

No score
No answers yet
No answers on this topic

Alternatives Considered

MIP Fund Accounting

Utilized Oracle in a manufacturing instance, and it was great! The expense would not have been practical for a company of this size. It was much more user friendly and streamlined. MIP Fund Accounting is a major improvement over the QuickBooks programs.
Eris Tanner profile photo

Sage 300 ERP

Sage 300 was selected before I came to this company, these are others I've previously used or evaluated. I'm happy overall with Sage 300, as it does what it needs to, even if it's not super fancy. The functionality is as robust as you need it to be; it's scalable.
No photo available

Scalability

MIP Fund Accounting

MIP Fund Accounting 9.0
Based on 6 answers
I have had some issues with the software suddenly closing with no reason given.
Christine Frenzel profile photo

Sage 300 ERP

No score
No answers yet
No answers on this topic

Return on Investment

MIP Fund Accounting

  • The software really helps save money if implemented correctly. If an organization needs extensive training then its costs might be too high.
  • Centralizing the flow of information into one system can help reduce errors.
  • The reporting tools can either be quite timesaving or sometimes too simplistic. An organization will need to do a good requirement's analysis when looking at this product.
Bruce Emmerling profile photo

Sage 300 ERP

  • Provides for better customer service
  • Allows us to monitor our performance efficiently
No photo available

Pricing Details

MIP Fund Accounting

General

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

MIP Fund Accounting Editions & Modules

Additional Pricing Details

Sage 300 ERP

General

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

Sage 300 ERP Editions & Modules

Edition
Sage 300 ERP Standard$1,6551
Sage 300 ERP Advanced$1,6651
Sage 300 ERP Premium$1,6652
  1. Lifetime License per Seat
  2. Lifetime License (unlimited seats)
Additional Pricing Details
Our pricing is by module and by license and can range depending on what the customers requirements are. Most of our financial and operational modules are $1655.00 each, plus user license, plus an annual business care of 24%.

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