MIP Fund Accounting

MIP Fund Accounting

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Top Rated
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About TrustRadius Scoring
Score 8.3 out of 100
Top Rated
TRUE
MIP Fund Accounting

Overview

Recent Reviews

MIPleased!

8 out of 10
May 14, 2022
We use MIP Fund Accounting for our HR and Accounting functions. We run a lot of reports using the MIP Fund Account. Sometimes the reports …
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Abilia for nonprofits

10 out of 10
May 12, 2022
We use the product to track all financial activities in the nonprofit. We use accounts payable, accounts receivable, and the general …
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Reviewer Sentiment

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Awards

TrustRadius Award Top Rated 2022
TrustRadius Award Top Rated 2021
TrustRadius Best of Award, Best Of Feature Set 2021

Reviewer Pros & Cons

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Video Reviews

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Pricing

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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.mip.com/request…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

Starting price (does not include set up fee)

  • $249 per month

Features Scorecard

No scorecards have been submitted for this product yet..

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 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 Advance™ Dashboards with drilldownMIP™ Transactions WorkflowMIP DashboardsMIP DashboardsMIP Dashboard drilldownMIP TransactionsMIP Budget WorksheetMIP ReportingMIP Audit Trail  and SecurityMIP PortalMIP Fund Accounting

MIP Fund Accounting Competitors

MIP Fund Accounting Technical Details

Deployment TypesOn-premise, SaaS
Operating SystemsWindows
Mobile ApplicationNo

Comparisons

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Frequently Asked Questions

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.

How much does MIP Fund Accounting cost?

MIP Fund Accounting starts at $249.

What is MIP Fund Accounting's best feature?

Reviewers rate Product Scalability highest, with a score of 10.

Who uses MIP Fund Accounting?

The most common users of MIP Fund Accounting are from Mid-sized Companies (51-1,000 employees) and the Non-profit Organization Management industry.

Reviews

(1-25 of 39)
Companies can't remove reviews or game the system. Here's why
Joanne Jenkins | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • Product Features
I was not here when it was first purchased, it has always been here in my 10 years of working for this organization. But I imagine that the features and add ons available were a good reason for purchasing. Also, the fact that it works seamlessly with other products being used made it very attractive.
April 23, 2021

MIP users' experience

Score 10 out of 10
Vetted Review
Verified User
Review Source
  • Price
  • Product Features
  • Product Usability
since we are a non-profit organization cost plays a very important role in deciding product selection. MIP has adequate product features to suit our needs at a very reasonable price and the product is very user friendly
Score 9 out of 10
Vetted Review
Verified User
Review Source
  • Price
  • Product Features
  • Product Usability
  • Product Reputation
  • Prior Experience with the Product
  • Vendor Reputation
  • Existing Relationship with the Vendor
  • Positive Sales Experience with the Vendor
Product Features and Usability
August 11, 2020

Abila - One Stop Shop

Chanette Oeser | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Review Source
  • Product Usability
The organization began using the product when it still using a DOS environment, we have migrated through many, many, upgrades and changes. The product continues to meet the needs of Financial reporting, Human Resource reporting, Payroll reporting, Fundraising and Donor report for the agency. We have no thoughts of considering any changes at this time.
Ryan Husbands, MBA, CPA | TrustRadius Reviewer
Score 6 out of 10
Vetted Review
Verified User
Review Source
  • Price
  • Product Features
  • Prior Experience with the Product
MIP had been adopted from before I had started working for the company. It had replaced a very basic software suite that had been in use previously. We'd used the same version for years, but eventually the version's age necessitated it being upgraded. We did have the option of switching products, something I wanted to look at more in depth in hindsight, but we decided for overall ease of implementation, we would purchase the newer version licenses.
January 08, 2018

Honest opinion of MIP

Score 9 out of 10
Vetted Review
Verified User
Review Source
  • Price
  • Product Features
The software was in place prior to my employment at the agency. I am sure it was chosen based on price as well as the features. No additional modules were purchased other than general ledger, accounts payable and budget journal. It would be advantageous to have the fixed asset module to track the fixed assets.