What users are saying about
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Top Rated
618 Ratings
45 Ratings

MIP Fund Accounting

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Top Rated
618 Ratings
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Score 8.1 out of 101
45 Ratings
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Score 8.6 out of 101

Likelihood to Recommend

MIP Fund Accounting

With Abila MIP's versatility I think it would be well suited for any industry, but especially for any industry where you wanted to be very specific on tracking or cost accounting. The ability to segment your accounts allows you to track by just about any method you would like to be successful.
Eric Harvey profile photo

Zoho Books

Zoho Books is good for a company or organization that wants to keep track of invoices, payments, and cash flow. If you do not have a full-time accountant in your organization, it can work well as whenever you hire one or have someone check your books, the information they need will be there, provided it has been entered into Zoho Books. It works as a one-man operation or a small team. For larger teams, it would depend on how much information needs to be input on a daily basis.
Nathan Sichilongo profile photo

Feature Rating Comparison

Payroll Management

MIP Fund Accounting
7.5
Zoho Books
Pay calculation
MIP Fund Accounting
8.8
Zoho Books
Benefit plan administration
MIP Fund Accounting
6.6
Zoho Books
Direct deposit files
MIP Fund Accounting
8.5
Zoho Books
Salary revision and increment management
MIP Fund Accounting
7.0
Zoho Books
Reimbursement management
MIP Fund Accounting
6.4
Zoho Books

Customization

MIP Fund Accounting
8.4
Zoho Books
8.5
API for custom integration
MIP Fund Accounting
8.3
Zoho Books
8.5
Plug-ins
MIP Fund Accounting
8.6
Zoho Books

Security

MIP Fund Accounting
8.7
Zoho Books
9.1
Single sign-on capability
MIP Fund Accounting
8.6
Zoho Books
8.8
Role-based user permissions
MIP Fund Accounting
8.8
Zoho Books
9.3

Reporting & Analytics

MIP Fund Accounting
7.6
Zoho Books
8.9
Dashboards
MIP Fund Accounting
7.0
Zoho Books
9.4
Standard reports
MIP Fund Accounting
8.0
Zoho Books
8.4
Custom reports
MIP Fund Accounting
7.9
Zoho Books
9.0

General Ledger and Configurable Accounting

MIP Fund Accounting
8.0
Zoho Books
8.0
Accounts payable
MIP Fund Accounting
8.4
Zoho Books
8.6
Accounts receivable
MIP Fund Accounting
8.2
Zoho Books
8.7
Cash management
MIP Fund Accounting
8.1
Zoho Books
8.7
Bank reconciliation
MIP Fund Accounting
8.5
Zoho Books
7.8
Expense management
MIP Fund Accounting
8.4
Zoho Books
7.6
Time tracking
MIP Fund Accounting
6.9
Zoho Books
6.4
Fixed asset management
MIP Fund Accounting
7.8
Zoho Books
Multi-currency support
MIP Fund Accounting
7.6
Zoho Books
7.4
Multi-division support
MIP Fund Accounting
8.6
Zoho Books
Regulations compliance
MIP Fund Accounting
8.3
Zoho Books
7.8
Electronic tax filing
MIP Fund Accounting
7.9
Zoho Books
Self-service portal
MIP Fund Accounting
7.3
Zoho Books
9.2
Standardized Processes
MIP Fund Accounting
7.3
Zoho Books

Inventory Management

MIP Fund Accounting
4.2
Zoho Books
6.2
Inventory tracking
MIP Fund Accounting
7.3
Zoho Books
7.3
Automatic reordering
MIP Fund Accounting
1.0
Zoho Books
5.1
Location management
MIP Fund Accounting
7.7
Zoho Books
Manufacturing module
MIP Fund Accounting
1.0
Zoho Books

Order Management

MIP Fund Accounting
4.7
Zoho Books
8.3
Pricing
MIP Fund Accounting
6.5
Zoho Books
8.6
Order entry
MIP Fund Accounting
7.2
Zoho Books
7.7
Credit card processing
MIP Fund Accounting
2.5
Zoho Books
7.8
Cost of goods sold
MIP Fund Accounting
2.7
Zoho Books
8.9

Pros

MIP Fund Accounting

  • The flexibility of segment reporting allows us to generate detailed cost structures for multiple federal programs in a very efficient manner. This allows for effective and efficient on time reporting to funders.
  • The importing features allow for very efficient entry of high volume journal entries that also minimize mistakes.
Donavan Lam, CPA profile photo

Zoho Books

  • Zoho Books invoicing and receipting features are second to none. We find it easy to quickly invoice clients and add items to their bills and also for our own receipting internally.
  • The accounting features are great for our accounting team to be able to see where we are financially and how the business is doing.
  • The ability to add contacts and run a mini CRM channel with clients within Zoho is invaluable. Since we use this in conjunction with our other CRM channels, it helps to have a centralized place to follow up and see through a sales funnel.
  • Zoho Books allows us to take payments from clients around the globe a feature we didn't have when we used another accounting system.
  • The pricing for Zoho Books is fairly reasonable for an SME organization which is a great for us as it pays itself back many times over every month.
Nathan Sichilongo profile photo

Cons

MIP Fund Accounting

  • The interface is not very user friendly. It can be daunting or intimidating for users who may not have knowledge of accounting software.
  • I feel that if Drillpoint reports can be integrated with the Scheduler Module, it would make reporting and data manipulation even better.
Donavan Lam, CPA profile photo

Zoho Books

  • Printing checks - they only offer one vendor and they are expensive compared to QuickBook alternatives.
  • Their interface for bids - retainers and applying them against income could be improved, but once you know how it's easy.
  • Their recurring fees don't seem to always work the way I'd want. But overall they work.
Daniel Coburn profile photo

Likelihood to Renew

MIP Fund Accounting

MIP Fund Accounting 9.2
Based on 45 answers
Since our system has been in place for almost ten years, we occasionally talk about doing a new implementation. We do not talk about moving to a different product. Abila has many options for support, including cloud support, that we can evaluate. The overall satisfaction between HR, Payroll and Accounting is high. We have taken advantage of training and have developed a good level of expertise and the program upgrade features do not require reworking our processes. We have not found the product to impede any of our process improvements and find new ways to utilize the features as time goes on.
Maryann Freepartner profile photo

Zoho Books

No score
No answers yet
No answers on this topic

Usability

MIP Fund Accounting

MIP Fund Accounting 8.3
Based on 39 answers
It is great and easy to use once you have had some training, some are more complex than others, but overall it is a great product.
Tracie Lambright profile photo

Zoho Books

Zoho Books 10.0
Based on 1 answer
Super easy to use!
Brandy Perez profile photo

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

Zoho Books

No score
No answers yet
No answers on this topic

Performance

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 answers
We have had problems with MIP's ability to integrate with other software or systems. Just makes for a longer shopping time when searching for products we need to integrate with MIP
Frances LeClair profile photo

Zoho Books

No score
No answers yet
No answers on this topic

Support

MIP Fund Accounting

MIP Fund Accounting 8.4
Based on 37 answers
I had to call support for an issue I was having to reverse a batch that was posted by mistake. The support lady was really helpful in guiding me to the correct steps in resolving my issue. I felt very confident in knowing I can call them to resolve my issues
Luis Godoy profile photo

Zoho Books

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

Zoho Books

No score
No answers yet
No answers on this topic

Online Training

MIP Fund Accounting

MIP Fund Accounting 5.7
Based on 4 answers
Personalized training provided for our organization
karen hoffman profile photo

Zoho Books

No score
No answers yet
No answers on this topic

Implementation

MIP Fund Accounting

MIP Fund Accounting 6.1
Based on 22 answers
I would not implement without the help of a reseller.
Nikki Patterson profile photo

Zoho Books

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

Zoho Books

[QuickBooks and Zoho] are very comparable until you open your wallet. While they are both neck-and-neck with one another in features, QuickBooks does have the integration advantage. There are many more platforms that integrate with QB than Zoho Books. But Zoho has so many other software tools that they do integrate with, it really becomes a non-issue if you are fully on the Zoho platform.
Daniel Coburn 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

Zoho Books

No score
No answers yet
No answers on this topic

Return on Investment

MIP Fund Accounting

  • Abila MIP Fund Accounting has enabled us to implement departmental budgeting and reporting. This has improved the accountability of department managers.
  • The software has enabled us to generate historical reports using GL detail. This has improved our ability to recognize trends in our business.
  • The software has enabled us to generate cross fiscal year reports. This has created opportunities to apply for a greater variety of grants.
Robert Bowsza profile photo

Zoho Books

  • For a small business, it allowed me to operate much larger than I was.
  • With any software, when you need support, you're at their mercy. While they are in India they are generally pretty responsive, but sometimes it takes longer than I'd like.
  • Their software products are great, but I especially like how fully-featured Books was and how it is priced.
Daniel Coburn profile photo

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

MIP Fund Accounting
Additional Pricing Details

Zoho Books

General

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

Zoho Books Editions & Modules

Zoho Books
Edition
Basic
$9
Standard
$19
Professional
$29
Additional Pricing Details
Zoho Books is available for both monthly and yearly plans. Users who sign up for the annual plan get two months off (Basic - $90, Standard - $190, Professional - $290)

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