MIP in the Open
Rating: 10 out of 10
February 23, 2024
JP
Vetted Review
Verified User
16 years of experience
Change management was a minor issue with the implementation
People are resistant to change.
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.
Learn from top reviewers
Most Important Piece = MIP
Rating: 9 out of 10
September 3, 2024I've used MIP over the past 15-20 plus years to separate our financial activities into different funds, which helps PCCA to manage and report on specific programs or activitie...
Annette Turner
Manager - Human Resources
HR PAYROLL
Pittsylvania County Community Action, Inc.
20 years of experienceGreat accounting software, could be more user friendly for those without an accounting background.
Rating: 10 out of 10
August 26, 2024For accounting, keeping track of vendors, and credit card accounts. The accounting team uses it to set up automatic payments to all of our vendors and contract employees. It i...
Haley Mattison
Administrative Assistant - Other
Administrative Assistant
Winding Waters Clinic
2 years of experienceMIP Fund Accounting Gets It Done!
Rating: 9 out of 10
August 17, 2024I use MIP Fund Accounting to book and track expenses. We also use it to monitor budget to actual in terms of finance. Our company also use MIP Fund Accounting for payroll. I a...
Verified user
Administrator
1 year of experienceMIP is Flexible and Powerful.
Rating: 9 out of 10
August 12, 2024We use this for our Fund and Grant Accounting which includes general AP, AR, and GL processing along with recording our assets. We load budgets and perform various reporting f...
Karen Thomas
Manager - Finance and Accounting
Director Shared Services
Upper Mattaponi Indian Tribe
1 year of experienceMIP is a great fund-accounting software program.
Rating: 10 out of 10
April 12, 2024We use MIP Fund Accounting, not only for our daily operations, but for payroll and human resources. We utilize most of the functions offered with the software and find that th...
Verified user
Executive
15 years of experienceMy opinion and words about MIP!
Rating: 8 out of 10
April 11, 2024MIP Fund Accounting is used for daily cash management activities including Payroll, Bank Reconciliations, General Ledger, Accounts Payable. I do not know that I can actually n...
Jennifer Jones
C-Level Executive - Finance and Accounting
Chief Financial Officer
Community Action Partnership of Middle Alabama Inc
3 years of experienceUse of MIP Fund for Your Finance Team
Rating: 7 out of 10
February 27, 2024MIP Fund Accounting primarily is used in my role for budgeting and developing reports on expenses and receivables. This product also allows myself to create a chart of account...
Steven Maluenda
Employee - Finance and Accounting
Senior Grants and Contracts Specialist
United Way of Northwest Vermont
1 year of experienceMaking Money Move With MIP Fund Accounting
Rating: 9 out of 10
February 27, 2024We use MIP Fund Accounting in are organization that goes with our Microx system. This is how we display and move money around. It is a very valuable tool. It allows us to see ...
Verified user
Administrative Assistant
10 years of experienceMIP Fund Accounting Was Worth the Wait
Rating: 8 out of 10
February 26, 2024MIP Fund Accounting has brought us into the 21st century! Not only is the accounting module intuitive and user friendly, but the way it integrates with the other modules has s...
Verified user
Project Manager
1 year of experienceExcellence of Execution
Rating: 8 out of 10
February 26, 2024We use MIP Fund Accounting for all of our accounting functions. We pay bills and receive funds through it. We also track fixed assets and our purchases through MIP Fund Accoun...
MIP Review 2023
Rating: 10 out of 10
February 24, 2024I login into MIP Fund Accounting to order supplies for my department. I use it to order Staples, Waxie, Mckesson, and Charm-Tex. I have to place an order through MIP Fund Acco...
MIP Great Software for Non-Profits
Rating: 10 out of 10
February 23, 2024I use MIP Fund Accounting to process accounts payable, journal entries, generate vendor and payroll reports. We are nonprofit for workforce development; we sponsor our clients...
Verified user
Employee
11 years of experienceMIP Pros and cons of the Financial System.
Rating: 8 out of 10
February 23, 2024We use the MIP accounting system to record items in the general ledger - accounts payable and receivables - to form financial statements. Enter journal entries - cash receipts...
Verified user
Administrator
21 years of experienceMIP Fund Accounting review.
Rating: 8 out of 10
February 23, 2024In my organization, we use MIP Fund Accounting to input invoices. Using this application is crucial for all sizes as it streamlines financial processing, enhances accuracy, an...
Verified user
Employee
1 year of experienceMIP in the Open
Rating: 10 out of 10
February 23, 2024MIP Fund Accounting is used by the whole organization for department and overall reporting as well as compliance reporting. It was purchased to allow for reporting by cost all...
John Petty
Manager - Finance and Accounting
Accountant
Developmental Services of Dickson County
16 years of experience
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Awards
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Reviewer Pros & Cons
Video Reviews
1 video
MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
Product Demos
Introduction to MIP Cloud Accounting Software
YouTube
Product Details
- About
- Competitors
- Tech Details
- FAQs
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'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
MIP Fund Accounting Video
Meet MIP Fund Accounting
MIP Fund Accounting Competitors
MIP Fund Accounting Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows |
| Mobile Application | No |
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).
Comparisons
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Reviews and Ratings
(826)
Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Pros
- Cons
Comprehensive Features: Users have appreciated the system's extensive features, such as the ability to export reports into PDF or Excel formats for board presentations and emailing reports directly to funding sources, saving time and resources. The option to filter specific items for auditor verification was also valued for enhancing departmental efficiency.
Ease of Use: Reviewers find the system user-friendly and easy to navigate, with functionalities like quick shortcuts and readable font enhancing usability. The development of accurate and easy-to-use reports and templates on the cloud version was noted as a positive aspect by users.
Efficient Financial Tracking: Some users value the system for facilitating financial tracking through functions like bank reconciliations, obtaining check registers for specific periods, processing payroll efficiently, setting dates in organization preferences for preventing incorrect entries, showing financial details effectively, and running detailed financial reports that aid in decision-making processes.
Bank Reconciliation Process: Several users have criticized the outdated and inefficient bank reconciliation process, stating that it is in need of significant improvement. They have highlighted challenges with the screen preferences, understanding dates, and tracking discrepancies effectively.
Reporting Challenges: Users have found building reports to be cumbersome and expressed a desire for more personalized and easily generated reports. The frustration stems from difficulties in creating customized reports, integrating data sources seamlessly, and limited options for report formatting.
Software Transition: Users have highlighted slow processing and transitions within the software as an ongoing issue affecting their experience. They face delays in system response times during tasks like navigating between modules or generating reports efficiently.
Reviews
(1-20 of 20)Companies can't remove reviews or game the system. Here's why
Abila MIP meets my needs!
Rating: 9 out of 10
May 30, 2023
Verified User
Vetted Review
Verified User
5 years of experience
Change management was a minor issue with the implementation
We have the same process, just changing from physical invoices to remote and digital.
Abila MIP Fund Accounting is worth a try for any non-profit business!!
Rating: 9 out of 10
August 17, 2020
Verified User
Vetted Review
Verified User
2 years of experience
Change management was a small part of the implementation and was well-handled
Na
Abila MIP Fund Accounting - An Objective view by a user.
Rating: 9 out of 10
August 14, 2020
KH
Vetted Review
Verified User
25 years of experience
Change management was minimal
We're OK with MIP; it was our only option.
Rating: 8 out of 10
March 15, 2019
JD
Vetted Review
Verified User
2 years of experience
Change management was a big part of the implementation and was well-handled
Do it in pieces, and get better answers from the implementation team
MIP Saved The Day!!!
Rating: 10 out of 10
January 18, 2019
JA
Vetted Review
Verified User
8 years of experience
Change management was minimal
Providing refresher training is needed after the software has been used for maybe six months
Abila - Great FInancial Software for medium to large non profits
Rating: 9 out of 10
January 09, 2018
SM
Vetted Review
Verified User
14 years of experience
Change management was minimal
Abila MIP great tool
Rating: 7 out of 10
January 09, 2018
Verified User
Vetted Review
Verified User
7 years of experience
Change management was minimal
Ideal for Head Start with Multiple funding streams
Rating: 8 out of 10
January 08, 2018
LO
Vetted Review
Verified User
1 year of experience
Change management was a small part of the implementation and was well-handled
We had very little p[roblems with implementation. ran quite smooth.
It's worth a million
Rating: 7 out of 10
February 13, 2017
ZA
Vetted Review
Verified User
4 years of experience
Change management was a major issue with the implementation
That it support almost a lot of our models
I so not recommend Abila MIP Fund Accounting
Rating: 1 out of 10
October 27, 2016
Verified User
Vetted Review
Verified User
1 year of experience
Change management was a major issue with the implementation
Do not implement this program if you think it can be bridged to other existing programs. It won't be. They started out as partners - never developed the interface. Then they abandoned the project and created their own. Left us high and dry without a solution. We can't afford to change.
Abila in a non-profit world
Rating: 8 out of 10
September 22, 2016
AH
Vetted Review
Verified User
3 years of experience
Change management was a big part of the implementation and was well-handled
We're a small non-profit (11-50). We're used to change. We had two strong controllers that presided over the early years of implementation which helped immensely.
Mip user for 8 years.
Rating: 10 out of 10
September 12, 2016
JC
Vetted Review
Verified User
8 years of experience
Change management was a major issue with the implementation
Staff has to buy into any change. That is always hard and as we lost staff their replacements have been
more receptive to change.
more receptive to change.
MIP is great for non-profit organizations
Rating: 6 out of 10
August 19, 2016
JH
Vetted Review
Verified User
6 years of experience
Change management was minimal
The third party that we used to install MIP and migrate our data was very unprofessional. The training she provided was minimal and we ended up doing most of the work ourselves.
Abilia MIP Fund Accounting is User Friendly
Rating: 10 out of 10
August 15, 2016
EL
Vetted Review
Verified User
15 years of experience
Change management was a big part of the implementation and was well-handled
MIP friend or foe?
Rating: 8 out of 10
August 06, 2016
JA
Vetted Review
Verified User
2 years of experience
Change management was a minor issue with the implementation
I love MIP!
Rating: 10 out of 10
July 27, 2016
NP
Vetted Review
Verified User
14 years of experience
Change management was minimal
To always include all parties.
Maximize your abilities with Abila MIP
Rating: 10 out of 10
July 27, 2016
Verified User
Vetted Review
Verified User
20 years of experience
Change management was a major issue with the implementation
Users were scared at change from QB which had been in place for years. Careful explanation of changes, getting user buy-in, demonstration of improved management and board reporting were crucial, as was continual positive reinforcement during implementation and training.
MIP Fund Accounting
Rating: 9 out of 10
July 19, 2016
Verified User
Vetted Review
Verified User
17 years of experience
Change management was a big part of the implementation and was well-handled
One of the strongest supports in our House
Rating: 6 out of 10
June 20, 2016
CD
Vetted Review
Verified User
15 years of experience
Change management was a small part of the implementation and was well-handled