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MIP Fund Accounting

MIP Fund Accounting

Overview

What is MIP Fund Accounting?

MIP 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.

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Recent Reviews

Outstanding Software!

10 out of 10
February 16, 2024
Incentivized
MIP Fund Accounting assists our organization in tracking and managing expenses and receivables on a daily basis. MIP assists us in …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Reviewer Pros & Cons

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Video Reviews

1 video

MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
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Product Demos

Introduction to MIP Cloud Accounting Software

YouTube
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Product Details

What is MIP Fund Accounting?

MIP Fund Accounting is a configurable fund accounting solution that allows users to report and track finances, streamline processes, and scale and grow based on your unique needs. MIP is the accounting software of choice, with cloud or on-premises deployment options, and designed to meet and handle the complex accounting needs of nonprofit financial management.

MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, payroll, human resources, allocations management, procurement, fixed assets, grant management, and advanced security functionality. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc.

MIP Fund Accounting exclusively serves the financial management and fund accounting needs for nonprofits, schools, native nations, and government agencies with its complete, end-to-end suite of functionality and multi-segmented chart of accounts. The company states that with the right fund accounting platform and expert guidance, users can track unlimited funds, manage complex reporting requirements, streamline productivity, and make the right data-driven business decisions for an organization.

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 TransactionsScreenshot of MIP Budget WorksheetScreenshot of MIP ReportingScreenshot of MIP Audit Trail  and SecurityScreenshot of MIP PortalScreenshot of MIP Fund Accounting

MIP Fund Accounting Video

Meet MIP Fund Accounting

MIP Fund Accounting Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows
Mobile ApplicationNo

Frequently Asked Questions

MIP 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.

Sage Intacct, Blackbaud Financial Edge NXT, and QuickBooks Desktop Pro are common alternatives for MIP Fund Accounting.

Reviewers rate In-Person Training highest, with a score of 10.

The most common users of MIP Fund Accounting are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews and Ratings

(821)

Attribute Ratings

Reviews

(26-50 of 57)
Companies can't remove reviews or game the system. Here's why
January 24, 2017

Unhappy

Score 5 out of 10
Vetted Review
Verified User
Incentivized
I work with Diane Shey and without, her I would have quit my job out of sheer frustration.
January 20, 2017

The Change We Needed

Joan Johnson | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Schneider Downs & Co., Inc.
Schneider Downs has been a long time friend to our organization and supports us well. Our representative worked tirelessly to get our transition data in order for a smooth upgrade and has been readily available for continued technical general ledger assistance. As a former independant auditor of our organization, they have a particulary good sense of how our accounting practices and requirements need to be addressed. We couldn't have asked for a better partner for this project.
January 10, 2017

Abila review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
NonProfit
NonProfit Technologies is great to work with. I rely on them to tell me the advantages/disadvantages of adopting a software update early or rather to wait. They are very responsive and helpful. Would highly recommend.
December 20, 2016

MIP for all your needs!

Susan Hartenstein | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
NonProfit Technologies, Inc.
We utilize cloud hosting through Non Profit Technologies and love how it allows us to access our information from anywhere with an internet connection. There is some setup involved on the computer, tablet or laptop that you'll be using, but once this is worked out, it is very easy to use from anywhere.
Ann-Margret Leaman, CPA, MSA | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Incentivized
Soft Trac, LLC
Working with this partner greatly improves our use with MIP Fund Accounting. Their support personnel are far superior to MIP's. Their response time is very fast and will always get back to us if there is an issue that is not resolved on the first phone call. Their training is also very helpful.
Eric Harvey | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Partnering with MIP and using MIP Advance Fund Accounting software has allowed us to move to the next level as we become more complex. We have nine lines of business and MIP Advance allows us the opportunity to evaluate each line of business for productivity, efficiency and effectiveness. Without these tools, we would be floundering in the dark.
Lakeesha Browne | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Ziegner
We have tried to utilize their help on projects but our attempts have been unsuccessful. For example, we were looking to automate our cost allocation of our fringe benefits and Ziegner was not able to come up with a solution. Later on, an internal employee suggested a fix that was not suggested by Ziegner that solved our issue.
Score 1 out of 10
Vetted Review
Verified User
Incentivized
We can't afford a partner. The closest is hundreds of miles away. The cost is prohibitive. There is literally no support for this product. It was clearly not set up properly by the consultant that we previously used. There are no preconfigured financial statement templates. There are no manuals. The help function is virtually useless. I've had to teach myself by trial and error. I hate this product.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Our company has used many MIP software, but so far MIP Fund Accounting as been the best. The support that MIP provides has been helpful, they are quick in their replies and keep you informed as they are working through the issue at hand. You have a few different opinions in contacting MIP for help. You also have access to a forum that allows you to provide your input on what is working and what doesn't.
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