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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MIP Fund Accounting

    Score8.8 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

    Submittable

    Score8.9 out of 10
    N/ASubmittable offers tools to launch, measure, and grow social impact programs, locally and globally. From grants and scholarships to awards and CSR programs, Submittable partners with users to make a difference. The vendor states Submittable has supported over 95,000 social impact programs, receiving nearly 20 million applications, and that teams save an average of 12 hours per week and launch in an average of 14 days.

    $10,000

    per year

    Pricing
    MIP Fund AccountingSubmittable
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    MIP Fund AccountingSubmittable
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    MIP Fund AccountingSubmittable
    Considered Both Products
    Momentive Software
    No answer on this topic
    Submittable
    No answer on this topic
    Key User Insights
    Would buy again
    91%
    Would buy again
    116 Answers
    90%
    Would buy again
    74 Answers
    Delivers good value for the price
    97%
    Delivers good value for the price
    108 Answers
    94%
    Delivers good value for the price
    61 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    119 Answers
    89%
    Happy with the feature set
    73 Answers
    Lived up to sales and marketing promises
    86%
    Lived up to sales and marketing promises
    54 Answers
    92%
    Lived up to sales and marketing promises
    55 Answers
    Implementation went as expected
    85%
    Implementation went as expected
    56 Answers
    90%
    Implementation went as expected
    61 Answers
    Best Alternatives
    MIP Fund AccountingSubmittable
    Small Businesses
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Blackbaud Grantmaking
    Score9 out of 10
    Medium-sized Companies
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    No answers on this topic
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MIP Fund AccountingSubmittable
    Likelihood to Recommend
    9.5
    (435 ratings)
    9.0
    (83 ratings)
    Likelihood to Renew
    9.8
    (132 ratings)
    10.0
    (6 ratings)
    Usability
    8.7
    (103 ratings)
    7.9
    (79 ratings)
    Availability
    10.0
    (15 ratings)
    10.0
    (3 ratings)
    Performance
    8.4
    (92 ratings)
    10.0
    (3 ratings)
    Support Rating
    9.0
    (100 ratings)
    10.0
    (5 ratings)
    In-Person Training
    10.0
    (9 ratings)
    8.1
    (2 ratings)
    Online Training
    8.0
    (7 ratings)
    10.0
    (1 ratings)
    Implementation Rating
    6.1
    (28 ratings)
    10.0
    (4 ratings)
    Configurability
    8.4
    (8 ratings)
    7.0
    (3 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    8.3
    (4 ratings)
    Ease of integration
    9.0
    (14 ratings)
    -
    (0 ratings)
    Product Scalability
    8.1
    (15 ratings)
    7.0
    (3 ratings)
    Professional Services
    -
    (0 ratings)
    9.4
    (2 ratings)
    Vendor post-sale
    9.7
    (13 ratings)
    10.0
    (3 ratings)
    Vendor pre-sale
    8.9
    (13 ratings)
    9.0
    (3 ratings)
    User Testimonials
    MIP Fund AccountingSubmittable
    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
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    Submittable
    Submittable is great for grant management, grantmaking, and scholarship awards. It's a very useful tool also when there are multiple reviewers and committees involved in the assessment of the application. The table feature is helpful, but to download the information in a usable report is a pain. Overall a very useful tool for funding.
    Incentivized
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    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
    Submittable
    • Form-logic: Allows application forms to adjust based on answers to crucial questions (if-then-else) so that all applications don't have to see extended questions that may not apply to them or their situation.
    • Messaging Platform: This platform allows interactions with applicants or internal review teams to be associated with the specific submission, allowing for an easier, complete view of an application being considered and as an audit trail.
    • Good Voting/Polling Management: It makes it easier to record the latest vote/feedback from assigned team members and allows customization of the vote/feedback review as a form. It also summarizes the votes for easy review in a submissions dashboard view.
    Incentivized
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    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
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    Submittable
    • We are some of the earliest users of employee volunteerism, so there have been some things to work out. However, because of that, we've gotten a lot of one-on-one support to help make minor tweaks to the system in a way that works for us.
    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
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    Submittable
    We use this software annually to help with our grant processes. Without it, I'd be so lost! Our team relies on the data from our past years to sift applications and we try to prioritize those who have applied and been a finalist but perhaps didn't win in years prior
    Incentivized
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    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
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    Submittable
    A submittable requires a great deal of thought to set up. It would be best if you really did an outline and flowcharting. Once you have a detailed plan and set up the system, you have to think of the process that you would manually do step-by-step to deal with the what-ifs; it’s beautiful. The ability to Clone events is invaluable. The onboarding can be complex, but the ease of use afterward is worth it.
    Incentivized
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    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
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    Submittable
    We have thankfully never experienced an outage nor been affected by a technology issue on Submittable's side that has delayed our grant process. We have instead been able to distribute over $6M in donated dollars to AAPI small business owners because Submittable is trustworthy and available
    Incentivized
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    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
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    Submittable
    We've had a quick and efficient submittable experience that has always been easy to use. When we need a report it downloads within seconds, even the larger reports are 30 seconds or less to download. Pages are quick to load and reports complete in a more than reasonable time frame
    Incentivized
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    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
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    Submittable
    I think that they are good at answering our questions and solving our problems. We occasionally get reports from applicants about problems the Submittable team has not solved, but I do not know what the applicant has done to get the problem solved.
    Incentivized
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    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
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    Submittable
    We have been using this for many years but my memory is that we had a
    human walk us through how to use basic features. We also used the
    resource library to learn about specific topics or issues as they came
    up.
    Incentivized
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    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
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    Submittable
    10/10 because we were able to meet virtually and still get all of our questions answered! Online was effective too because we could easily record the sessions and review them later. Since we had to onboard our reviewers virtually, it was actually convenient that this was the same method we learned how to use the entire program virtually too.
    Incentivized
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    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
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    Submittable
    I would say, provide Submittable as much detailed information on your planned use of the platform and your desires with the platform as possible, and the implementation will be tailored to accommodate your organization with minimal lag time and issues/problems.
    Incentivized
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    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
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    Submittable
    Submittable isn't in the same league as these other platforms. It's trying to get there but it's been a rocky road. Neither customer support nor the account people we've dealt with at Submittable seem particularly knowledgeable about how the product actually works for foundations and can't provide detailed recommendations for how to use the product more effectively. The decision to use Submittable was made before I came on board. We are moving to another platform next year, probably SmartSimple.
    Incentivized
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    Contract Terms and Pricing Model
    Momentive Software
    No answers on this topic
    Submittable
    I wish we could choose our own number of applications we want for the year and have the price be changed because we are in-between buyable numbers and always have to add more applications at the end of the year
    Incentivized
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    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
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    Submittable
    We have been easily able to grow. Not only are we able to process different applications, but Submittable makes it easy to add applications onto our plan. Additionally, their eligibility form before the application does a good job of screening applicants so we do not pay for extra applications.
    Incentivized
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    Professional Services
    Momentive Software
    No answers on this topic
    Submittable
    Very professional
    Incentivized
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    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
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    Submittable
    • Time is money! Submittable has eliminated many tasks I used to do manually, thus freeing my time for other work.
    • Decreased support calls and emails from applicants- Our applicants are able to successfully access and apply for our grants.
    • No internal IT support needed to use this platform. That team is able to focus on their larger business projects and needs.
    Incentivized
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    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