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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

    TimeCamp

    Score7.3 out of 10
    Small Businesses (1-50 employees)
    TimeCamp is cloud based, multi-platform (Windows, Mac, Linux, iOS, Android) time tracking and invoicing software.

    $5.49

    per month per user

    Pricing
    MIP Fund AccountingTimeCamp
    Editions & Modules
    No answers on this topic
    Free
    $0
    free with limited features.
    Starter
    $5.49
    per month per user
    Premium
    $9.99
    per month per user
    Ultimate
    $13.99
    per month per user
    Enterprise
    Custom
    Offerings
    Pricing Offerings
    MIP Fund AccountingTimeCamp
    Free Trial
    NoYes
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Discount available for annual billing. The free plan encompass all basic time tracking features for unlimited users.
    More Pricing Information
    Community Pulse
    MIP Fund AccountingTimeCamp
    Considered Both Products
    Momentive Software
    No answer on this topic
    TimeCamp
    No answer on this topic
    Key User Insights
    Would buy again
    91%
    Would buy again
    116 Answers
    88%
    Would buy again
    22 Answers
    Delivers good value for the price
    97%
    Delivers good value for the price
    108 Answers
    100%
    Delivers good value for the price
    18 Answers
    Happy with the feature set
    94%
    Happy with the feature set
    119 Answers
    96%
    Happy with the feature set
    24 Answers
    Lived up to sales and marketing promises
    86%
    Lived up to sales and marketing promises
    54 Answers
    94%
    Lived up to sales and marketing promises
    17 Answers
    Implementation went as expected
    85%
    Implementation went as expected
    56 Answers
    94%
    Implementation went as expected
    17 Answers
    Best Alternatives
    MIP Fund AccountingTimeCamp
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    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Time Doctor
    Score8 out of 10
    Medium-sized Companies
    Blackbaud Financial Edge NXT
    Score6.8 out of 10
    Toggl Track
    Score9 out of 10
    Enterprises
    No answers on this topic
    Hubstaff
    Score9.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MIP Fund AccountingTimeCamp
    Likelihood to Recommend
    9.5
    (435 ratings)
    7.9
    (31 ratings)
    Likelihood to Renew
    9.8
    (132 ratings)
    -
    (0 ratings)
    Usability
    8.7
    (103 ratings)
    7.7
    (12 ratings)
    Availability
    10.0
    (15 ratings)
    -
    (0 ratings)
    Performance
    8.4
    (92 ratings)
    -
    (0 ratings)
    Support Rating
    9.0
    (100 ratings)
    8.0
    (1 ratings)
    In-Person Training
    10.0
    (9 ratings)
    -
    (0 ratings)
    Online Training
    8.0
    (7 ratings)
    -
    (0 ratings)
    Implementation Rating
    6.1
    (28 ratings)
    -
    (0 ratings)
    Configurability
    8.4
    (8 ratings)
    -
    (0 ratings)
    Ease of integration
    9.0
    (14 ratings)
    -
    (0 ratings)
    Product Scalability
    8.1
    (15 ratings)
    -
    (0 ratings)
    Vendor post-sale
    9.7
    (13 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.9
    (13 ratings)
    -
    (0 ratings)
    User Testimonials
    MIP Fund AccountingTimeCamp
    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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    TimeCamp
    It is well suited for a company like ours, where we have different clients and can track hours per client/project. We charge hourly as well, so this is very important I wouldn't recommend it if you don't need to really track time of each task and that you are allowed to take your time with your daily tasks.
    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
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    TimeCamp
    • Accurate time tracking running in the background without hiding the user's display.
    • Detailed reports for all users, with clear differentiation between billable and non-billable tasks, are top-notch.
    • Comprehensive billing plan which suits small businesses as well as enterprises.
    • Good sales and support.
    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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    TimeCamp
    • The interface is pretty good, but it could be better with some slight restructuring.
    • One thing that can be a bit annoying is the "Task" bar that displays on the screen showing the task and time. It is there to help you to remember to stop time when you end a task. It is needed but it would be nice if there were some design aspects to it so it could be made smaller.
    Incentivized
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    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    Generally pretty easy to use and doesnt take too much training to get people started. Most of the main features are quite straightforward although some of the reporting and set up options can take a bit of time to figure out properly. The interface is a little cluttered in the browser but overall I think it is a pretty great tool
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    I am giving support a rating of 8 but that is quite arbitrary. Honestly, we have never had the need to contact support for any reason. There has not been a situation where we became stuck and could not figure out how to work through it. Sign up was easy and billing is like clockwork so there has been no need to contact billing support. I think this is a testament to the ease of use of TimeCamp.
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    Ultimately I selected Clockify instead of TimeCamp. As previously mentioned, I believe that TimeCamp wasn't that intuitive, and too many things were behind pay walls. Clockify offered the same features mostly for free. Although TimeCamps UX was sleeker than Clockify's I found that Clockify was a better fit for me.
    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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    TimeCamp
    No answers on this topic
    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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    TimeCamp
    • TimeCamp is customizable in the sense that it can measure computer usage and provide insight into each employee's productivity.
    • TimeCamp can be used to send automated weekly emails summarizing work completed, time wasted, productive hours, and time-consuming website lists.
    • When you use TimeCamp, you can increase efficiency and profitability while determining where your time is spent throughout business operations.
    • Employees can use TimeCamp to track their productivity and see how much time they lose due to various omissions.
    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

    TimeCamp Screenshots

    Screenshot of Daily timesheet viewScreenshot of Weekly timesheet viewScreenshot of ProjectsScreenshot of People by task reportScreenshot of Attendance