What users are saying about
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Top Rated
619 Ratings
12 Ratings

MIP Fund Accounting

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Top Rated
619 Ratings
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Score 8 out of 101
12 Ratings
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Score 8.2 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

Tallie

Tallie is well suited for those that utilize Bill.com or another of its compatible integrations. Small businesses to medium-sized corporations can (fairly quickly) leverage Tallie. Tallie would be less appropriate for organizations that already lean heavily on Salesforce, NetSuite, or Workday -- Concur or Expensify might be more suitable options.
No photo available

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.4
Tallie
Pay calculation
MIP Fund Accounting
8.7
Tallie
Benefit plan administration
MIP Fund Accounting
6.5
Tallie
Direct deposit files
MIP Fund Accounting
8.5
Tallie
Salary revision and increment management
MIP Fund Accounting
7.1
Tallie
Reimbursement management
MIP Fund Accounting
6.3
Tallie

Customization

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

Security

MIP Fund Accounting
8.8
Tallie
Single sign-on capability
MIP Fund Accounting
8.7
Tallie
Role-based user permissions
MIP Fund Accounting
8.8
Tallie

Reporting & Analytics

MIP Fund Accounting
7.7
Tallie
Dashboards
MIP Fund Accounting
7.1
Tallie
Standard reports
MIP Fund Accounting
8.0
Tallie
Custom reports
MIP Fund Accounting
7.9
Tallie

General Ledger and Configurable Accounting

MIP Fund Accounting
8.0
Tallie
Accounts payable
MIP Fund Accounting
8.4
Tallie
Accounts receivable
MIP Fund Accounting
8.2
Tallie
Cash management
MIP Fund Accounting
8.2
Tallie
Bank reconciliation
MIP Fund Accounting
8.5
Tallie
Expense management
MIP Fund Accounting
8.5
Tallie
Time tracking
MIP Fund Accounting
6.9
Tallie
Fixed asset management
MIP Fund Accounting
7.8
Tallie
Multi-currency support
MIP Fund Accounting
7.7
Tallie
Multi-division support
MIP Fund Accounting
8.6
Tallie
Regulations compliance
MIP Fund Accounting
8.3
Tallie
Electronic tax filing
MIP Fund Accounting
8.0
Tallie
Self-service portal
MIP Fund Accounting
7.7
Tallie
Standardized Processes
MIP Fund Accounting
7.4
Tallie

Inventory Management

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

Order Management

MIP Fund Accounting
4.7
Tallie
Pricing
MIP Fund Accounting
6.5
Tallie
Order entry
MIP Fund Accounting
7.2
Tallie
Credit card processing
MIP Fund Accounting
2.5
Tallie
Cost of goods sold
MIP Fund Accounting
2.7
Tallie

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

Tallie

  • Very intuitive - liked how it was convenient to use when uploading receipts and liked how it would attempt to figure out what was on it so it could pre populate the required fields.
  • The ability to add multiple categories and subcategories for where your purchase falls in the organization was super helpful when keeping organized.
  • Mobile app to upload receipts on the fly has helped increase the amount of folks remembering to submit their receipts.
Christine Austin 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

Tallie

  • Reporting is somewhat too basic.
  • Separating expenses by categories is time-consuming.
  • Better compatibility with lower-end accounting software, such as QuickBooks -- it's more difficult with products such as Acumatica (i.e credit card picture does not migrate to Acumatica).
No photo available

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

Tallie

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

Tallie

Tallie 7.0
Based on 1 answer
Tallie is a functional and reliable method of reporting expenses, though it's integrations and old-looking mobile application UI are drawbacks
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

Tallie

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

Tallie

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

Tallie

Tallie 9.4
Based on 4 answers
I personally never used Tallie support, but from what I've heard from my team, they were helpful in getting the platform set up for us and walking us through the best way to utilize it. They also always quick to respond to any inquiries we might have had or problems we encountered.
Christine Austin profile photo

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

Tallie

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 5.2
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Tallie

No score
No answers yet
No answers on this topic

Implementation

MIP Fund Accounting

MIP Fund Accounting 6.0
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

Tallie

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

Tallie

As stated, we did not use a system and instead used Google Drive to upload our receipts and then Excel to track our spending to then submit. This would take hours of not only the employee submitting but the manager approving and then our financial team ensuring that each coding is correct.
Danielle Armour 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

Tallie

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

Tallie

  • Tallie has allowed us to better control and forecast our cash flow, since we can faster process expense reports
  • For our billable employees, we have more accurately billed our customers, since we have better insight into travel expenses
  • We estimate we now save 10ish hours per month on the entire expense reporting and reimbursement process
No photo available

Pricing Details

MIP Fund Accounting

General

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

Tallie

General

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

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