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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

(820)

Attribute Ratings

Reviews

(1-25 of 47)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Integration with Other Systems
  • Ease of Use
MIP is perfect for Non-Profits. The part that I love the most about MIP is that it leaves a good accounting trail behind.
It is easy to process reports to provide to the CFO, CEO, Board of Directors, or the CPA Firm.
My favorite part is to be able to export my reports to an Excel Spreadsheet.
June 05, 2023

Highly recommend

Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Ease of Use
  • Other
The training provided was outstanding. We needed a better system to track grant status and prepare reports for our board. The onboarding team was extremely helpful in the conversion from our old accounting system.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • 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
Incentivized
  • Cloud Solutions
  • Scalability
  • Integration with Other Systems
  • Ease of Use
Scalability, it is extremely important to remain accurate and efficient no matter how large the company gets.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • Price
  • Product Features
  • Product Usability
  • Product Reputation
  • Prior Experience with the Product
As far as I know, my company has always used MIP Fund Accounting Onsite. Just upgraded versions of it. It's the only software I know of that's been consistent here.
Joanne Jenkins | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
  • 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.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • 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 12, 2020

Newbie's Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
  • Product Reputation
  • Vendor Reputation
From others who were with the company prior to my hire, the company was using Sage prior to MIP.
August 11, 2020

Abila - One Stop Shop

Chanette Oeser | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User
Incentivized
  • 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.
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