MIP is a great fund-accounting software program.
We use MIP Fund Accounting, not only for our daily operations, but for payroll and human resources. We utilize most of the functions …
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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Video Reviews
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MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
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Introduction to MIP Cloud Accounting Software
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Product Details
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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
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Reviews
(26-47 of 47)Companies can't remove reviews or game the system. Here's why
April 17, 2018
Abila MIP - Not my first choice
- 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 12, 2018
Non Profit accounting solutions
- Product Features
- Product Usability
- Product Reputation
- Vendor Reputation
- Analyst Reports
As a labor union MIP was recommended to us by other labor unions who gave the software a really high review.
January 09, 2018
Abila - Great FInancial Software for medium to large non profits
- Price
- Product Usability
- Product Reputation
- Third-party Reviews
Usability was most important because of the monthly reporting requirements of the agency. Price - because the limited budget of a non profit.
January 09, 2018
Abila MIP great tool
- Price
- Product Features
- Product Usability
- Product Reputation
We had a limited a budget.
January 08, 2018
Ablila review
- Product Usability
- Prior Experience with the Product
- Analyst Reports
January 08, 2018
Honest opinion of MIP
- 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.
January 08, 2018
You Won't Go Wrong, if You Choose MIPS Fund Accounting
- Price
- Product Features
- Product Usability
- Product Reputation
- Prior Experience with the Product
It had a very useful feature that allowed us to separate Restricted Funds.
January 08, 2018
Ideal for Head Start with Multiple funding streams
- Product Features
- Product Usability
familiarity with non profit funding - multiple streams of funding sources. ability to segregagte and mix funds.
February 13, 2017
It's worth a million
- Product Features
- Product Usability
- Prior Experience with the Product
Product Usability matters a lot as well as extraction of reports from the system.
October 27, 2016
I so not recommend Abila MIP Fund Accounting
- Product Features
The single most important factor in our decision was that it was used by our parent organization. Next, was the ability to track multiple campaigns over multiple fiscal years. It can also track fiduciary accounts and grants with different fiscal years. Otherwise this product is not particularly functional for our needs.
October 04, 2016
One-Stop Shop for all your needs!
- Price
- Product Features
- Product Usability
- Product Reputation
- Prior Experience with the Product
September 26, 2016
Abilia - Take It or Leave It.
- Product Features
I did not make or recommend the decision. But I understand that management was impressed with its ability to provide intricate reporting.
September 22, 2016
Abila in a non-profit world
- Price
- Product Features
- Product Usability
- Vendor Reputation
Our previous solution wasn't giving us the flexibility we were looking for. It was not a user-friendly environment which meant that the fiscal staff were the only ones able to effectively use the solution. MIP changed that paradigm; we now have mid-level staff who are able to access the report module which frees up time for the fiscal staff.
September 12, 2016
Mip user for 8 years.
- Product Features
- Prior Experience with the Product
- Vendor Reputation
I had used MIP before at another job. The key factor this time was our business partner and the support that they offer. They are EXCELLENT.
August 06, 2016
MIP friend or foe?
- Price
- Product Features
- Product Usability
- Product Reputation
Moderate price for features
August 02, 2016
MIP
- Product Features
- Product Usability
- Price
- Product Features
- Product Usability
More modules selection from MIP
July 27, 2016
I love MIP!
- Product Features
- Product Usability
- Prior Experience with the Product
- Vendor Reputation
The feature of a relational data base was a huge selling point. It took the previous account codes down from about 250 to 50.
July 27, 2016
Abila MIP Rocks the Non-Profit World
- Product Features
- Product Usability
- Positive Sales Experience with the Vendor
We really needed software to help keep track of each fund and report back to our funding sources easily
July 27, 2016
Maximize your abilities with Abila MIP
- Product Features
- Product Usability
- Prior Experience with the Product
- Vendor Reputation
Prior experience with product over 20 years gave considerable confidence in ability of product to meet needs of organization. Prior experience with vendor gave security.
June 20, 2016
One of the strongest supports in our House
- Product Features
- Product Usability
- Positive Sales Experience with the Vendor
- Third-party Reviews
We knew our government reporting and accounting requirements were going to become more complex. We needed to integrate our reporting requirements with our government funder. MIP performed the highest in our inquiry from the Single Auditors we used, the State Contracting Reps and other similiar companies that we reached out to who were using MIP
April 05, 2016
MIP -- A must for grant-funded organizations!
- Price
- Product Features
- Product Usability
- Product Reputation
I feel the single most important factor in choosing an accounting program is product features. As a nonprofit grant funded agency, we need the ability to track revenues, expenses, and cash for each grant separately. MIP has the ability to help us do that, while allowing us the flexibility to run reports in different ways to get the information we need.