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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

(26-50 of 50)
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Score 9 out of 10
Vetted Review
Verified User
Incentivized
During one of our earlier years of using MIP Fund Accounting, we had an issue during an upgrade. The support staff went out of their way to help us resolve the issue and get us back up and running in a very timely manner. This happened during an upgrade that we had to make during a peak time of the year.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
I called about a networking issue about 2 years ago and was connected almost immediately. Three support specialist went through a few steps to get me connected again very quickly. They are very polite, patient and professional!
Score 8 out of 10
Vetted Review
Verified User
Incentivized
I had to call MIP to sort out a glitch I had while importing excel files. I only had to wait on the phone line for a brief period before I was helped. The technician knew exactly what the issue was and was able to give me a resolution in less than 5 minutes.
Shirley Merrick | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
It was before they perfected upgrades. I was having a SQL Server issue. I allowed the tech support person to control my computer and my issues were resolved. I thought I would be late running payroll, which caused much anxiety for me. I was amazed at how quickly the issue could be resolved.
January 08, 2018

Honest opinion of MIP

Score 9 out of 10
Vetted Review
Verified User
Incentivized
I do not recall anytime that I received exceptional support for this product. I probably only call support one or two times per year and do not have many issues with the software. I cannot even recall the issue I last contacted them for. Any time I have called, I have been completely satisfied with the support staff.
Brenda Masters | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I was locked up - don't remember the problem or what application I was in -couldn't use the software. They were swift at getting me back running again
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Frankly, I cannot recall a time when MIP support did not provide me with exceptional support. They stand 100% behind their product, are very knowledgeable about how their product works and are not afraid to acknowledge known problems or issues with their products. Regardless they always do their best to resolve my problems in a timely and courteous manner.
Lorrie Ogden | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Our third party vendor (reseller) Wessell Accounting always respons within 24 hours - usually within 1 hour! Had a serious issue with payrolla nd they "fixed" it wihin 1 hour - saving the day.
Score 1 out of 10
Vetted Review
Verified User
Incentivized
I honestly wish I could. The service people seemed overworked and testy. But the issue was never resolved. We had to perform a workaround. I feel sorry for their technical support - they are very clearly overworked. I believe that they sincerely tried. I am looking forward to a day when we can switch to another software.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We always get exceptional support, they have excellent customer service and the trainers are always available to answer any questions or assist you with any issues you may have. We even have a favorite trainer!
September 22, 2016

Abila in a non-profit world

Score 8 out of 10
Vetted Review
Verified User
Incentivized
I can't think of a time that would specifically be considered 'exceptional'. I will say that support has always been thorough and prompt. I believe the longest we had to wait for a resolution was one business day.
We have a good relationship with the VAR that actually sold the product to us. That has helped immensely since launching this product.

Score 6 out of 10
Vetted Review
Verified User
Incentivized
We had an IT melt down and almost lost all our data. It took a long time and a lot of work with our IT contractor, our finance team and the MIP staff but they worked through all the glitches and were able to restore all the data.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I have recently been working with the MIP support person who specializes in working with the Employee Web Services (EWS) module. I have a few employees who needed a way to split out their work time in some complex ways. The MIP support person was able to help me set that up to make it easier for the staff person to record their time
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