MIP Fund Accounting Reviews

<a href='https://www.trustradius.com/static/about-trustradius-scoring#question3' target='_blank' rel='nofollow noopener noreferrer'>Customer Verified: Read more.</a>
619 Ratings
<a href='https://www.trustradius.com/static/about-trustradius-scoring' target='_blank' rel='nofollow noopener noreferrer'>trScore algorithm: Learn more.</a>
Score 7.9 out of 100

Do you work for this company? Manage this listing

TrustRadius Top Rated for 2019

Overall Rating

Reviewer's Company Size

Last Updated

By Topic

Industry

Department

Experience

Job Type

Role

Filtered By:

Reviews (1-25 of 253)

Paul Wetterholm | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

QuickBooks does not have the ability to meet the complex needs of our organization. We have a very extensive chart of accounts given we receive state and federal grant funding. We have to be very detailed when it comes to putting expenses in the system and we must have a detailed way to track and MIP provides this in many ways where QuickBooks Online is not able to.
Read Paul Wetterholm's full review
Eris Tanner | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Utilized Oracle in a manufacturing instance, and it was great! The expense would not have been practical for a company of this size. It was much more user friendly and streamlined. MIP Fund Accounting is a major improvement over the QuickBooks programs.
Read Eris Tanner's full review
Anonymous | TrustRadius Reviewer
April 12, 2019

Jackrabbit

Score 6 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

I have been with the organization for six years and this is the only product we have had. I was not part of the decision making process.
Read this authenticated review
Anonymous | TrustRadius Reviewer
March 21, 2019

Simple but effective

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Abila MIP was the software of choice due to its reporting capabilities and easy to learn structure. We looked at other alternatives that were more user-friendly but none of them came close to the performance of Abila MIP. We are happy with the way Abila works for our non-profit organization.
Read this authenticated review
Anonymous | TrustRadius Reviewer
April 09, 2019

New User

Score 7 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Hedberg, which is the system used by my previous employer.
Read this authenticated review
Bruce Emmerling | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

Many competing products may not offer some of the comprehensive all-in-one type solutions that are found in Abila MIP Fund. Non-profits can have particulate needs such as specialized taxation, funding, and membership support not always address in other commercial oriented products. Often non-profit organizations may piece together separate applications that can be found in Abila MIP Fund and this product can help save a great deal of time and money.
Read Bruce Emmerling's full review
Kayla Klinger | TrustRadius Reviewer
January 15, 2019

I recomend Abila!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

This is the first non-profit I have worked for and I am fortunate they chose to use Abila. My previous account experience with a for-profit industry I used MAS 200. While the two systems have some of the similar appearances and functionalities, Abila is easier to use with multiple programs. I can't compare the two side by side as I use Abila in a much broader spectrum and I am unaware if MAS offers like-features.
Read Kayla Klinger's full review
Diane Angell | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

We chose Abila for its ability to do true fund accounting and the cost for the software was not over the top outrageous for a small government organization such as ours.
Read Diane Angell's full review
Cesar A Siso L | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

We try first with an app only for pay money to our clients and we do not have any opportunity to manage our business, we used it to pay and to create a confidence relation with our clients, and it works for some time, but using Abila we spread our responsibility, making it easier to see the way we use and spend the money, we could create better relations, and manage our budget and accounting in a better way that in the past.
Read Cesar A Siso L's full review
Chanette Oeser | TrustRadius Reviewer
January 15, 2019

Abila - One Stop Shop

Score 7 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

The choice of software was made prior to the current executive staff. We are not considering any changes at this time. Our current software choice meets our needs adequately, and we are satisfied with the services provided by Abila. The cost of making change far outweighs any benefit from changing providers.
Read Chanette Oeser's full review
Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

I wasn't with the organization when the decision was made to choose MIP, but I have heard that the main reason it was chosen was its flexibility and the ability allocate revenue and expenses the way we needed to.
Read this authenticated review
Anonymous | TrustRadius Reviewer
January 18, 2019

Newbie's Review

Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

As this is my first time working in a non-profit, I haven't used any similar products. My previous experience was with service operations (hotels and restaurants) which have very different systems.
Read this authenticated review
Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

  • SAP
MIP stacks up very well against this product as it is easier to use, understand and implement within your system. It tracks different funds more effectively and the reporting is more efficient and customizable.
Read this authenticated review
Anonymous | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

To be honest, I was not part of the evaluation so I was not involved in evaluating other alternatives or analyzing certain pros and cons. I did hear that it was a favorite with the majority of the evaluation team but I can't lend a ton of insight into how it might stack up against competitors.
Read this authenticated review
Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source

Alternatives Considered

We have looked at several alternatives but cost and features are a large reason why my client uses Abila MIP Fund Accounting.
Read this authenticated review

Feature Scorecard Summary

Pay calculation (122)
8.5
Benefit plan administration (87)
6.4
Direct deposit files (103)
8.7
Salary revision and increment management (93)
7.3
Reimbursement management (72)
6.7
API for custom integration (76)
7.3
Plug-ins (50)
7.9
Single sign-on capability (221)
8.9
Role-based user permissions (268)
9.1
Dashboards (152)
7.4
Standard reports (289)
8.2
Custom reports (282)
8.1
Accounts payable (301)
8.5
Accounts receivable (211)
8.3
Cash management (193)
8.0
Bank reconciliation (269)
8.5
Expense management (214)
8.5
Time tracking (79)
6.8
Fixed asset management (127)
7.8
Multi-currency support (31)
7.9
Multi-division support (118)
8.8
Regulations compliance (91)
8.7
Electronic tax filing (143)
8.4
Self-service portal (91)
7.7
Standardized Processes (16)
7.2
Inventory tracking (1)
7.3
Automatic reordering (1)
1
Location management (2)
7.7
Manufacturing module (1)
1
Pricing (50)
6.4
Order entry (51)
7.3
Credit card processing (2)
2.5
Cost of goods sold (2)
2.7

About MIP Fund Accounting

MIP Fund Accounting™ is a configurable fund accounting solution that allows you to report and track information that is most important to you, your board and your supporters. According to the vendor, the solution can change and grow with you through your most difficult of fund accounting, human capital management and payroll decisions alike.

MIP Fund Accounting™ exclusively serves the financial management and fund accounting needs for thousands of nonprofits and government agencies. MIP™ has received the Campbell Award for several years in a row. The company focuses on your long-term needs, and allows you to custom design your system to enable you to manage effectively, get timely information, streamline processes and provide strong controls.

MIP™ is a fully integrated system with comprehensive functionality including fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, dashboards, and more. The flexible structure enables you to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc. The product can be deployed on-premise, in the cloud or self-hosted. Separately, you choose whether you would like to purchase/own the system or if you would like to pay by subscription.

MIP Fund Accounting Features

General Ledger and Configurable Accounting Features
Has featureAccounts payable
Has featureAccounts receivable
Has featureCash management
Has featureBank reconciliation
Has featureExpense management
Has featureTime tracking
Has featureFixed asset management
Has featureMulti-currency support
Has featureMulti-division support
Has featureRegulations compliance
Has featureElectronic tax filing
Has featureSelf-service portal
Does not have featureGlobal Financial Support
Does not have featurePrimary and Secondary Ledgers
Does not have featureIntercompany Accounting
Does not have featureLocalizations
Does not have featureJournals and Reconciliations
Does not have featureEnterprise Accounting
Does not have featureConfigurable Accounting
Does not have featureCentralized Rules Framework
Has featureStandardized Processes
Inventory Management Features
Does not have featureInventory tracking
Does not have featureAutomatic reordering
Does not have featureLocation management
Does not have featureManufacturing module
Order Management Features
Has featurePricing
Has featureOrder entry
Does not have featureCredit card processing
Does not have featureCost of goods sold
Does not have featureOrder Orchestration
Does not have featureEnd-to-end order visibility
Does not have featureOrder exception Resolution
Payroll Management Features
Has featurePay calculation
Has featureBenefit plan administration
Has featureDirect deposit files
Has featureSalary revision and increment management
Has featureReimbursement management
Reporting & Analytics Features
Has featureDashboards
Has featureStandard reports
Has featureCustom reports
Customization Features
Has featureAPI for custom integration
Has featurePlug-ins
Security Features
Has featureRole-based user permissions
Has featureSingle sign-on capability
Does not have featureMulti-factor authentication
Has featureUser-level audit trail

MIP Fund Accounting Screenshots

MIP Fund Accounting Competitors

MIP Fund Accounting Support Options

 Paid Version
Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar

MIP Fund Accounting Technical Details

Deployment Types:On-premise, SaaS
Operating Systems: Windows
Mobile Application:No