TrustRadius
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.https://media.trustradius.com/product-logos/vJ/iG/BC1772P0KCTC.PNGMIP Saved The Day!!!Abila MIP Fund Accounting is being used by the finance department and the purchasing department only. All general accounting and financial reporting is performed via MIP. In addition, the purchasing department uses MIP to enter encumbrances to track open purchase orders. Use of MIP has fostered collaboration amongst various departments whose responsibilities impact financial reporting and monitoring of budgets. MIP makes producing financial reports very easy and the ability to quickly modify any report is very helpful.,MIP export to MS Excel functionality is so easy to use and helps us to quickly begin research and/or analysis. The reporting features allow us to pick and choose which columns/fields we would like to see on reports. The option to include or exclude unposted transactions provides a good mechanism for what-if scenarios as it relates to financial statement amounts. The year-end adjustment feature is new for us however it saves valuable time when reviewing transactions/reporting in preparation for our annual audit.,I'd like a better way to forecast expense that allows me to use a different multiplier or factors to augment individual line items. I would like the ability to develop the budget within the software so it would be easier for variance analysis between current budget and new budget or current actuals vs proposed budget,10,The most positive impact MIP had on our overall business objectives was to reduce the amount of time to produce useful reports. We no longer need to convert text files to MS Excel. Being able to add and delete columnar/field data prior to generating the reports has made staff members more productive. Common chart of accounts to use for any center and/or grant,We have definitely achieved the benefit from MIP's design for managing multiple funds from multiple sources as well as across fiscal years. We have two grants currently and one contract that all have different grant budget/contract periods. Comparisons to budget can be performed for each independently and by our agency's fiscal year for audit purposes. This helps us to comply with grant or contract regulations,,Prosoft Solutions,,Adaptive Insights,2,Financial Accounting and Reporting Budget to Actual Reporting Cash Management and Bank Reconciliation,We are still exploring ways to reduce the effort to forecast annual expenses and create financials for our annual report,Direct Budgeting in MIP rather than using another software for the budgeting modeling we require,10,11,Yes,Product Features Product Usability,I would spend more time on understanding our existing challenges to get a better idea of how those could be met by the software.,Third-party professional services,No,Change management was minimal,Training staff to use the software Working with consultant to structure software for the agency's needs,9,No,9,No,Not at this time.,Generating Financial Reports Bank Reconciliations,Getting Budget Amounts into the software,10We're OK with MIP; it was our only option.MIP is our accounting and scholarship system. We keep track of all donations, scholarship distributions, and write all invoices and checks from MIP as well. Our accountant then uses it for reconciliation and adjustments/Journal Entries.,The Interface is easy to understand. It is a typical accounting system. Not as intuitive as I would want, but the accountant loves it better than Quickbooks. As far as accounting software, it appears to be a powerful solution. Yes, it does. Again, the accountant loves it. In our area, it is widely used. Lots of MIP users, yes.,Creating reports is not easy. Not the best with reports. Not intuitive. Integration with sister product FR50 is horrible. They may be owned by the same company, but the interfaces, reports, etc. are not at all similar. How we use it for scholarship management is less than desirable. We had to "make it work".,8,It took a long learning curve to get up and running. We hope after another year we will see a good ROI. We are "used to it" and it is working.,We have 50 sub-funds. Data is pushed over from FR50. It works adequately.,DWD Technology Group,QuickBooks,Google Drive,1,Accounting Scholarship Management Reconciliation,We "made it work" for scholarship management, but nothing "innovative",We actually hoped to replace it, but it will probably due for our needs.,10,2,No,Positive Sales Experience with the Vendor,We would have been better prepared for its lack of ease of use.,Third-party professional services,No,Change management was a big part of the implementation and was well-handled,didn't do what we thought,3,No,5,No,No. I cannot.,posting invoice push from FR50,reports changes,3Abila MIP Fund Accounting is worth a try for any non-profit business!!Abila is being used by our finance and accounting team. We use the Accounts Payable, Accounts Receivable, Budgeting and Fixed Assets modules. It addresses all of our business needs and it is very user friendly in terms of use and ability to learn the tasks. The Report Manager feature is also very intuitive and customization is easy and efficient.,Budgeting - provides the ability to work across fiscal years as we have many federal, state and local grants that require different time periods. Once it is set up, then it works seamlessly. Fixed Assets - This module tracks assets and depreciation based on your input and ties this information to the GL in an effective and efficient manner. Report Manager - reporting is very easy as you have many canned reports that can be easily customized to your preferences. You also have the ability to segregate your reports, by name, and store in a file for your easy retrieval and use.,Inputting the budget information can be cumbersome and difficult to understand. It took me a while to get the functionality correct. Understanding which input module to use for what purpose can be a little confusing. For instance Accounts Receivable has areas to input credits, receipts or manual invoices. This can be confusing at first. Setting up codes for new employees or clients can be confusing also as you must input this information into two different setup screens.,9,It's been a positive impact in terms of time saved, personnel, and functionality for the accounting staff. My entire staff enjoys the product and are pleased with the ease of use and reporting capabilities.,Yes, we have multiple sources of funds within our organization and the benefit is tremendous and now we are able to track these funds. The reporting by fund is intuitive and creates a very seamless process. We are able to create income statements and balance sheets by fund type and use this for making management decisions within our organization.,,SAP,Microsoft Access, ADP ezLaborManager,,Accounting reporting Budgeting Financial Statement preparation,Customized reporting to suit your business needs,Payroll,10,3,Not Sure,Product Features Product Usability Product Reputation,I would keep everything the same.,Implemented in-house,5,9,No,Financial Reporting General Ledger review Fixed assets,9You Won't Go Wrong, if You Choose MIPS Fund AccountingWe use only the Fund Accounting module of MIPS and it is only used by the five members of the Accounting Department. It has been a very effective tool for accurately stating our organization's financial position at any time. Its Fund capability allows us to track and report on Restricted Funds (i.e. Donations and Grants designated for specific purposes). My staff and I have been using MIPS for 10+ years at my current organization and it has been very reliable and generally required a short learning curve for new staff.,Tracking Restricted Funds - It is very easy to see at a glance where we stand with the receipt and use of specific project funding. The Ability to Keep Fiscal Years Open - Some program force you to close out your year within a relatively short period of time. MIPS can be kept open for as long as I need to complete my annual Audit preparation. This relieves pressure. Allows me to easily review my staff's entries, invoices, etc. before they are posted. This eliminates potential errors and corrections.,MIPS needs the ability to drill down. There is currently too much need to write down invoice numbers, JE numbers, etc. in order to cross-reference (view) related documents. MIPS needs to expand the availability of certain data fields. I would like to see more fields available under the Contents Tab when designing reports. Too many times, I will be able to choose a certain field under one report but be unable to access the same field in another report. This requires me to design two or more reports to get what I need. Improve the Historical Invoices Function. Currently it allows you to print the original invoice. If a correction was made afterwards (using the same invoice number), it creates two entries with identical invoice numbers and if you select and print the wrong one, it will not reflect the change. I realize that the Statement capability can address this, but to me Statements should be used to reflect billing amounts and payments received.,10,Though MIPS has not had an easily measurable, tangible impact on our ROI, our ability to satisfy our Funders' reporting requirements has had the intangible benefits of demonstrating Professionalism and Compliance. This makes it easier for us to get renewal funding each year. The accuracy and simplicity of tracking our results by fund also makes annual budgeting process much easier. Likewise, the ease of use of MIPS allows us to get by with less staff than might have been required with a "harder" software package.,Absolutely! This may be the single best feature of MIPS. Separating Funds is an absolute requirement for a nonprofit organization that receives Restricted funds from different sources. This process is easy with MIPS.,,DonorPerfect, Interact,,Billing General Ledger Reporting Accounting for Restricted Funds,We have set up individuals' Liability accounts to track the client checking accounts we manage for our Residential and Supported Living Clients as their Rep Payees. We chose this approach in lieu of setting up separate funds for each client because it provided simplicity and accuracy, at the same time.,If we ever choose to utilize additional modules, it will allow us a smooth link.,10,,Yes,Price Product Features Product Usability Product Reputation Prior Experience with the Product,I might ask about the product's ability to drill down.,Implemented in-house,This software was implemented by my predecessor immediately before I arrived 12 years ago. I know that there was a lot of upfront planning to determine the desired structure of accounts/reports etc. But I did not here of any significant concerns, because Customer support assisted every step of them way. I have had minimal problems with utilizing the software. I believe this is because it was set up properly.,9,Yes,9,Yes,Frankly, I cannot recall a time when Abila 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.,All aspects of Accounts Receivable are smooth and intuitive. All aspects of Accounts Payable are smooth and intuitive. Abila Fund Accounting makes it very easy to analyze historical data for trends and input errors. The Bank Reconciliation capabilities make the reconciliation process smooth and accurate for my staff.,There is no easy "drill down" capability Though the "Data Integrity Check" capabilities are excellent at identified problems with the data, you must call Customer Support to resolve the problems. The add formula's capability is not always intuitive.,9Abila Accounting for Non-Profits-Awesome!I along with our CFO use Abila for non-profits for accounting and fundraising needs. I have been doing bookkeeping for 20+ years and have used other accounting software in the past but feel that Abila is much more user friendly and far superior to them. I would highly recommend it to anyone who is looking at accounting software for no-profit or business purposes.,Reports are flexible in the choices of information you want to get. They can be easily customized to your specific needs. Corrections to unposted and posted entries are easily made. I like that the accounting and payroll are now together on the same application instead of two separate ones. Before they were combined I had to open two separate apps, one for accounting and one for payroll and keep switching back and forth between them. Now it is just the one and it is so much easier and convenient for them to be combined.,We have employees that work different shifts and get a pay differential depending on what shift they are working. I need to do two separate paychecks for the different pay rates for those employees. It would be easier if there was a way to do a single check with the split rates on it. Although the reports are easy to customize there are some instances when you want certain information on a report and the choice for that information is not available for you to choose. You can easily reverse and copy a posted accounts payable entry, but that option is not available for checks issued in a write checks session. You would either have to do a journal entry or void the check and re-write it with the same check no. and print it on plain paper. Kind of a pain.,10,Abila has been a great tool for tracking donors and their donations as well as grants, both private and government and putting them in the proper general ledger accounts, departments and divisions. It has also been a great way to distribute employees salaries to restricted funds from grants and unrestricted funds from other sources.,We are able to track and manage donors and their donations and grants form private and government sources, whether it is to our organization or our Endowment Foundation.,,Microsoft Office 365,2,Payroll Financial reports Grant tracking Accounts payable Cash donation entries and tracking,employee hours various wage earning codes number of employees that were employed at specific date ranges.,I don't have anything specific at this time,10,2,No,Product Features Product Usability,I wasn't involved in the selection process as I wasn't here at that time.,Implemented in-house,I don't know as I wasn't employed here when the implementation was made.,1,In-person training Self-taught,8,Yes. If you have an accounting background and experience with other accounting software it is pretty easy to learn and use the help features.,7,No,No I cannot.,Payroll Processing Cash Receipt Entering Accounts Payable Processing,Reverse & Copy It is sometimes difficult to get the information I need in some of the reports.,Yes, but I don't use it,9,9,8,10,Yes,We still don't have the current payroll tax rates, which is what we needed, but we did get updated W-4 abilities.,Current payroll tax rates.,NoAbila - Great FInancial Software for medium to large non profitsAbila MIP Fund Accounting is utilized for all our electronic accounting needs - general ledger, payroll, and reports to board and management.,Ability to produce reports to management and funding agencies The audit trails are fantastic User Friendly Ease in navigating through modules,Ability to exclude inactive, discontinued, terminated, etc., vendor and payroll accounts when looking up accounts "Select All" option when transferring from payroll to general ledger Expanding fields available for filtering when generating reports in payroll,9,Clean CPA audits Excellent financial reviews from funders Creation of reports required by potential sources of funds results in increased funding,We have funding sources that require that we breakdown funding from them by titles. The ability to structure the chart of accounts to make this possible is available thru Abila and has proven to be invaluable. For example we receive funds from the state unit on aging - Older Americans Act funding; state funding, department of labor funding, etc. The Older Americans Act funding is broken down by Title i.e., IIIB, IIIC,IIID,IIE. The state unit requires that we track and report out on all of these separately. Structuring of the chart account makes this possible.,,Microsoft Office 2016,1,Payroll Reporting Financial Management,Create reports to drop directly into our annual report Provide all necessary schedules to do annual 990 Preparing annual audited financial statement worksheets,human resources benefit tracking,10,3,Yes,Price Product Usability Product Reputation Third-party Reviews,Do not believe I would change.,Professional services company,Yes,Change management was minimal,Employee attitude to change purchasing necessary hardware to meet specifications cost,9,No,9,No,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.,Data Input Reporting Electronic Fund Transfer,Using budget worksheet Selecting items when transferring payroll to general ledger Correcting payroll distribution errors,Yes, but I don't use it,9Honest opinion of MIPMIP is used by the entire organization. We currently use the accounts payable, general ledger and budgeting modules. MIP is excellent for allocating costs across all programs. It allows us to easily run reports based on project codes as well as program codes. It saves time and key stroke errors by being able to save allocations used frequently.,Cost allocation. It's easy to set up distribution codes to easily allocate costs. The Budget module is easy to use. It's easy to distribute the budget across all 12 months. Ability to save general ledger entries. Saves time when entering monthly recurring transactions.,Reporting. If you select the wrong option in the drop down box, you need to go back to the start. Still no change in this. Credits in A/P. If I need to use a distribution code for a credit, I need to enter the invoice total as a positive number and then change it to negative after the allocation. I would like to be able to pay vendors without creating a vendor record, e.g., one-time vendors. We often have vendors that we pay one time and they have to have a record created for them.,9,I cannot think of an impact MIP has had on our business. It is the only computer based system the agency has used and has been using it for 18 years. There have been no instances that have not had a solution using the software.,Blackbaud CRM,Microsoft Office 2016, Adobe Acrobat DC,,Ability to track multiple projects Run the necessary reports for funders Track the issuance of 1099s.,I do not know of any innovative or unexpected ways we use the software other than the purpose it was intended for.,I do not know of any additional ways MIP will be used in the future.,9,1,No,Price Product Features,I would definitely speak to other users of the software as well as visiting some companies that use the software. It would be good to be able to see it in action in a real setting as well as talk to the users who deal with the software every day and understand how it really works.,Don't know,I am unaware how implementation went as I was not employed by the agency at the time.,5,Self-taught,Yes, the software is easy to use. The only training I received was from the previous user who was not using it to its full potential. The ability to export files to excel had never been explored by the previous user. When I first tried to use it, I was unable. I then discovered it was due to the software not being set to export.,9,I do not have any specific recommendations.,No - we have not done any custom code,No - we have not done any customization to the interface,There are none I can mention.,9,No,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.,General ledger entries are easy to enter. Very straight forward entry. Accounts Payable is also easy to work with.,Budgets. It would be helpful to be able to take the prior year budget and edit and save as the new year budget. That would make things much easier. It isn't straight forward on how to print the budget once you have the entry ready.,Yes, but I don't use it,9,9,10,10,None,5,No,File import/export,As far as the usage with Adobe and Excel, it has been wonderful to be able to run a report and export it to Adobe for ease of sharing the information.,5,5,I am unaware of what was negotiated during the sale of the software.,I have no comment on the vendor as I have had no contact with them.,Yes,I cannot recall what the most recent upgrades were for.,I hope to see better reporting as far as ease of navigating within the report area of the software.,No,NoIdeal for Head Start with Multiple funding streamsIt is used by the finance and accounting department. Our reports are shared with the entire organization - particularly the Board of Directors and Policy Council.We are a multi-funded small non profit ($8million) and it definitely makes accounting easier with a package than can cost allocate multiple streams of funding.,Multiple funding stream cost allocations Ease of setting up customized reports Relatively easy to learn,Encumbrance package is a bit more confusing Personalization of reports is sometimes limited Local training is limited,8,Employee efficiency Better reporting Encumbrance model caused alot of unnecessary problems,Mas 90,Microsoft Access, Microsoft Exchange,,Minimal support needed Ease of use Multiple funding sources Ease of developing reports,Combined funding report,Better use of encumbrances,9,3,Yes,Product Features Product Usability,We are pleased with our selection and vendor selection for install and training.,Professional services company,Yes,Change management was a small part of the implementation and was well-handled,no significant issues. We were well prepared. Wessell Consulting did excellent job.,10,Yes,10,Yes,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.,Reporting Cost allocation Reoccuring bills,Encumbrances,8Abila MIP great toolAbila allows for a much quicker way to produce financials statements than using Excel. Abila address unique needs that NFPs have. Abila also makes data entry extremely easy. MIP does a great job of balancing flexibility with ease of use.,Reporting Data entry Ease of use,More customization Statistical reporting Works much better as an on premise software than hosted,7,We cannot measure it but it made us more efficient,We only had one fund,,Sage Intacct, Nexonia Expenses,2,Tracking expenses by grants Tracking expenses by programs Tracking net assets by restriction,Use the purchasing module for check requests,allowing grant managers to track budget to actuals,1,10,Yes,Price Product Features Product Usability Product Reputation,We would plan for a software that could grow with us.,Implemented in-house,No,Change management was minimal,Just the time to clean up old data,10,No,8,No,They helped with a data corruption and did not charge.,Reporting AP Invoices,Purchasing,Yes, but I don't use it,8Abilia - Take It or Leave It.It is being used by the whole organization. It is being used to track income and expenses by grant funding source, generate payroll and related reports, record and pay A/P, and record journal vouchers. It has given us the room to grow our reporting. As a grantee that receives a majority funds from the government, it allows us to provide more detailed reporting.,I particularly like the copy/rename reports features. It allows the user to make slight changes to reports they may use frequently and save the report with a new name. This saves time when detailed reports are needed quickly. I like the payroll function and the ability to allocate payroll between accounts rather than to calculate it manually. I appreciate the recaps at the bottom of the AP & JV screens which show the accounts being referenced and whether the transaction is balance. It is a good double check.,The print on the screen is so small (probably an 8 font), it is hard to read for older users. I would like to be able to change the name of a vendor without deleting it and then re-adding it which loses the history. Sometimes company names change but other aspects remain the same. Or you may mistype a name and need to correct it. There is no easy way to change the chart of accounts if you need to do renumbering. If the person establishing the chart of accounts isn't experienced with it, there is no way to correct the mistakes. This is true especially for the numbering order and leaving enough space between numbers. I wish there was a hard copy manual that clarifies what happens when specific information is typed or requested. For example: What happens in the system when you are writing a reversing journal entry. It allows for 4 different types of reversing entries, but doesn't identify the difference so one would know which one to select. I would like to be able to refer back to other reports when using the "drill-down". The system doesn't allow for that.,8,I was not part of the decision making process. I do not know the overall business objective. One must be very experienced working with integrated financial systems to get the best use of this software.,We are starting to use this feature more each month as I become more familiar with all that the software can do. We are still in the process of fully benefiting from this feature.,,2,1,Payroll Accounts Payable Financial Statement & reports by grant Ability to integrate with W-2s and year-end payroll reporting.,9,QuickBooks Enterprise Solutions,Yes,Product Features,I would have documentation on how and why this product was chosen, how it was implemented, etc.,Professional services company Don't know,9,In-person training,8,Again I know nothing about it.,8,No,Our vendor has provided us with excellent support.,The payroll tax system is particularly nice.,Learning the recurring entries has been tricky. I haven't been able to fully use the system the way I would like because it is hard to get all the information I need to make decisions.,8,8,8,9,The payroll system is integrated with Payroll taxes and Atrix.,No, not at this time.,File import/export,Really know what you are doing before trying to do integration.,9,10,If you need an immediate response or help, you may not be able to reach them. They are very good about answering e-mails and will call you back when they get a message.,I know there is probably an upgrade coming before the end of the year, but it has not been implemented yet. I would hope upgrades remove some of the difficulties in using the system. The integration with Atrix upgrades any tax law or payroll report form changes.,NoI love MIP!MIP is being used to track revenue and expenses for UW Advancement, UW Alumni Association, and the UW Foundation. It allows us to cut data into many different slices or combine specific data with ease. It also allows us to upload data from the university financial system electronically which cuts down on time and entry errors.,It has a relational data base so the same segments can be used for several areas but still allow for specification in reporting. The review seats let us give access to people outside the finance department while maintaining the integrity of the data. Easily manipulate reporting selections to quickly make changes and be able to analyze data in several different ways - by segment, by date, by columns.,I would like to be able to post annual budget figures by cutting and pasting from Excel. We used to be able to do that but the feature disappeared a few years ago. The email feature does not work for us because of the configuration of the university servers. It would be great if you could explore the compatibility with large systems with several layers of security. The adding reports to the Favorites section does not always work. Several times I have not been able to find the report I want to add in the drop down list. This happens regardless of adding the report and shutting down the system and restarting it.,10,MIP has had a positive impact on ROI for us. The savings in staff hours has more than paid for the software and the annual maintenance fee. MIP has enabled us to provide accurate data in a variety of report types. MIP has given the report users access to timely data.,I believe we have achieved this benefit by being able to track revenues and expenses from different funding sources. We can run reports on the data by a specific source or in combination. The system also allows reporting across fiscal years which is great if the funding sources runs on a different reporting timeline than we do.,Microsoft Dynamics GP,Trello,14,1,Accurate and timely revenue and expense reporting to managers. Reporting transactions to managers and administrative staff.,We are able to record the same transactions in two legal entities.,Possibly use it for charts.,10,Yes,Product Features Product Usability Prior Experience with the Product Vendor Reputation,I would not do anything different.,Vendor implemented,No,Change management was minimal,Figuring out what segments to use. Trying to match the university legacy system with MIP so that transactions could be imported instead of entered manually.,10,9,No,Thankfully we have not had any problems that have required exceptional support.,Financial Reporting Budget Entry Transaction Entry,Maintaining system security Adding or deleting users Chart of accounts report,Yes, but I don't use it,10It's worth a millionIt's currently being used across whole organization. It is being used in accounts and the HR office. It is hooked up with Microix WorkFlow modules. The application is the key to resolve the reconciliation issues.,Assets and Depreciation Payable Reporting Posting to Microix Scheduling,Payable emails PF emails Stubs Imports in Bulks,7,It meets our requirements not all of them but we are very comfortable with it.,We are also a non profit organization at Forman Christian College and we are already able to benefit from this.,JMT Consulting Group, Inc.- NY Area,,70,2,Payable Accounting Assets Reconciliation,Robust analytics tools and role-based dashboards helps us harness important data from the database, and find, report, and track data that is most important to each audience. With secure, open APIs, We can bypass integration headaches and focus on growing their organization by integrating with other key applications that meet their needs. MIP Advance provides us integration with Abila Elevate, Abila Fundraising 50, and Abila Fundraising and also with other fundraising products offered by companies that believe in the power of open integration.,Get it hooked up with our receivable system and get it posted. We have a receivable system and we want it to interface. We also have a check in system which we would like to integrate with time sheets.,8,EmpowerID, Oracle Advanced Analytics, Azure SQL Database,Yes,Product Features Product Usability Prior Experience with the Product,Well, I would require the accounts department to enlist their complete requirements and have them analyse the application rather executive body as the direct users need to analyse the application.,Implemented in-house,No,Change management was a major issue with the implementation,Some times errors of SQL Application Launch Share Permissions,4,Online training In-person training Self-taught,1,8,It is pretty much self explanatory. If you are acquainted with accountancy terms and have the foundation knowledge you can pretty much do a lot of things.,4,They should put in all the configuration while setting it up, so that administrator already knows what to do.,No - we have not done any customization to the interface,No - we have not done any custom code,No,No,5,No,No they always charge for extra support or for anything they call exceptional support.,Extraction of report Transfers View Records,Imports Bridging third party application Creating reports from Other tools,No,4,6,5,7,Empower sis,6,Empower and Microix,File import/export Single Signon API (e.g. SOAP or REST),They shall provide open source scripting to get other system attached with the tables.,6,6,Self Hosting and Keeping up security of transactions very well.,Security Webinar should be created and posted for administrators for better reviews in reporting.,Yes,Reporting Capabilities across MIP to improve the ability to track report. Enhanced Key Accounts Payable workflows New Administration options supporting audit trails.,Integration with REST BASED API for TIME SHEETS Payable Salary Slip Email directly from the MIP System,No,NoOne of the strongest supports in our HouseIt is used for finance, AP and AR, integration of payroll data into general ledger expenditure and budgeting functions, budget management and reporting, and for government and internal reporting requirements. We are a government funded agency that has had to maintain our accounting in accordance with government reporting and record keeping requirement. MIP was purchased because it provided a format that was consistent with these requirements. We have four users.,Abila manages the cost accounting data management and reporting functions exceptionally well. The data is easily translated into our government reporting format, allowing for quarterly reporting efficiencies. We invested in Abila because it also had good functionality for medicaid billing and accounting requirements. It integrates with Single Audit Accounting requirements. Our IT staff has been able to develop links to the MIP data to maintain current actuals to budget information. Service and support staff has always been on target and effective in managing any problems.,The product was hard to learn and initially was not well known so new staff need a longer learning curve. MIP is fairly well used in our industry especialy with small to midsize not for profits and therefore we have been able to hire new staff without have the challenges during early use. A great improvement. We do not use the budgeting module because when we tried to it was too complicated. My staff has not tried since the initial period because it was easy to load the budget but because of our challenges with our state's budgeting requirements, changes to the budget makes it more of a hassle to change. We have been discussing trying to use the budgeting feature again and will investigate if the product has improved since we last tried. We have not tried the cloud product because the present product meets our needs. There may be features that make some of the features I have noted easier to manage.,6,We have not transitioned to MIP Advance. Our accountant thought that our accounting needs were too simplistic to justify the move. The initial investment and annual renewal has had a very positive impact on our overal business objectives. We are aware of the other modules and are presently facing a business transformation that may require additional features. Overall the integration of the data for the reporting and analysis requirements of our business has been highly effective. We believe that this was one of the best investments we have made in business software.,Initially no, however as our business grew we have really appreciated this benefit. It has helped us keep costs down by making our management of the fund income and expenses from multiple sources more efficient and easily managed by one person.Reconciliations have been very easy to maintain and internal audit has also been very easily completed.,,Microsoft Access, Microsoft Exchange,,,Accounts Receivable (Managing the Invoicing and Cash Receivables) Accounts Payable (Managing the Invoicing, Accrual Accounting, Aging) General Ledger and Reconciliation Budget Management and Reporting to Funding Source,Not sure if this is innovative but one of our Directors who was quite proficient in Excel was able to develop a system (formulas in Excel) that pulled the data from our Payroll data base and upload it into our MIP general ledger. A two hour task took 5 minutes with the bridge program he developed. It has been hard to maintain because of recent reorganization that has resulted in position shifts and he was the only person that could do this level of Excel programming. He no longer is with the company.,We are beginning Fund Raising and will be exploring the module that integrates with this. The Budgeting Module is also on our radar.,10,Yes,Product Features Product Usability Positive Sales Experience with the Vendor Third-party Reviews,Wouldn't change a thing. This was one of the best process outcomes this agency has achieved in our business management.,Professional services company,No,Change management was a small part of the implementation and was well-handled,The coding (charting) of the departments. It caused some difficulty in accurate reporting. We learned to keep it simple. The learning curve was a little long. The Budgeting Module was very challenging and was ultimately abandoned. Our implementation person was more focused on the accounting implementation and was not concerned about the budgeting feature.,7,Yes,10,Yes,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 Abila staff but they worked through all the glitches and were able to restore all the data.,AP AR Journal Entries Reporting,The Budgeting Module was cumbersome and difficult and therefore abandoned.,Yes, but I don't use it,8Abila in a non-profit worldAbila is used across the entire organization. As a non-profit, we have rather complex fund accounting rules that we must follow. Abila gives us that flexibility. I primarily use Abila to track expenditures and to help develop budgets.,The ability to create reports Near real time information Ease of use for the basic user (report viewer) There is a 'labor distribution' report that gives details on how much time staff are charging to various funding streams; this is critical when developing future budgets and looking at resource patterns The ability to customize access (permissions) to the various modules.,Developing a budget is not as easy to do as we were initially lead to believe The cost can be challenging; we were able to justify the cost,8,Abila has allowed more staff to directly monitor their funding streams more directly. This has reduced the time required in the past for the controller to research information for the staff. Staff are able to immediately analyze expenses and the controller is freed up to tackle other tasks.,We have. Our previous software package (MS Access backend) was able to do the same [manage multiple funds from multiple sources]. The primary benefit is the comparatively easier learning curve that has allowed other staff to directly monitor their funding streams.,Microsoft Access,7,1,Report writing flexibility (both in the ability to create 'new' reports and 'modify' current reports) Report analysis,Not used.,We haven't tapped into the HR module yet; not certain that we will given our small size.,10,Microsoft Exchange,Yes,Price Product Features Product Usability Vendor Reputation,Hindsight is always genius. If we were to do it over again, we would've asked for more information on how Abila creates a budget and asked for a more thorough demo of that capability. I don't think anything would've changed though. Our previous solution was showing its age and Abila was a huge step up. I don't know that any of the other products would've have changed our minds. The budget making process while important, in the grand scheme of things, involves roughly 2-3 months of a lot of work (in and out of the system). The advantages that Abila brought to the table for the day-to-day fiscal operations was better than anything else we were seeing.,Professional services company,Yes,Change management was a big part of the implementation and was well-handled,Learning a new system is always a challenge. However, now that more staff would be able to take advantage of the system, more questions were being asked of the controller which he had to explain in more detail.,9,Yes,9,Yes,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.,Customizing reports is a straight forward process. However, like similar products, you have to understand what your data means in order to get any meaningful use out of it.,I'm not a fiscal staff member; so most of my time is spent reviewing or creating reports. I was fortunate and received some good training early on as we implemented Abila (SAGE).,8Mip user for 8 years.It is being used across 4 affiliate non profit corporations. It is being used for general accounting, fixed assets, budgeting, and encumbrances. We still have the grants module, but I do not believe that it is supported any more.,Report flexibility. Permits the customazation of the chart of accounts. You can set this up anyway that you like. MIP gets fund accounting.,Once years are closed, it would be helpful to somehow place the batches, for lack of a better reason, off to the side. When looking for a batch, once you have had the system for a while, you have to sort through EVERY batch you have ever created. There are problems when staff do not follow labeling protocol, and sometimes you have to open a batch to see what is in there. If you could say do this and then place a previous unclosed year batch in a place, it would make current tasks simpler. When selling the product, there should be more time spent on the labeling of the batches and items that will be with you forever. The Grants module started out strong and then fizzled. It could be so much more for those of us that are grant funded.,10,MIP has permitted timely and more accurate reporting. Staff in my area was initially reduced, but has now increased because of expanded business lines.,Yea we have been positively influence by using MIP. As stated earlier, I think the grants module could have done more to help with multiple grant fundiers.,,Insite Software,10,1,Accounts Payable, Accounts receivable and all areas of accounting Fixed Assets Financial Reports,IT is using fixed assets to maintain computer inventory directly. Got rid of a lot of spreadsheets.,Grants management - if the module is supported and improved.,10,Yes,Product Features Prior Experience with the Product Vendor Reputation,Don't think I would change anything.,Professional services company,Yes,Change management was a major issue with the implementation,Conversion of the setup in QuickBooks to one better for use in MIP. Training, training traniing.,9,Basic accounting functions. But you must do a lot of policies and procedures when converting. Doing this forces you to think and possibly set things up better.,Fixed Assets - My staff has difficulty with this and so I do the work on this module. I still have problems.,10Abila MIP Rocks the Non-Profit WorldWe use MIP in the Finance Department. I helps us keep track of each grant we have with ease. We are able to do reporting to our board member and each of our funding sources. We also use the Payroll module to pay and track our employees. This system along with our Microix time clock allows to complete our payroll quickly and with little errors.,Track budget, expenditures, etc. from separate funding sources Reporting with ease Helps with our payroll,On the Payroll Module it would be nice to be able to merge an employee that has several ID numbers into on ID number as long as the Social Security Numbers match The budget part could be a little easier to operate Ability to get rid of some of the selection in the drop down boxes,9,MIP has really saved us on time. If we had to do all we are doing by hand, we would not be able to function as well as we do with the small Finance Department we have. So overhead cost are greatly reduced We are not planning on leaving our on-premise MIP. There are many benefits to the cloud, but we loose some important functionality with our current time clock system if we convert to the cloud,MIP has greatly helped manage all our funds. We currently have 5 to 6 different funding sources we need to track at any given time. MIP saves us a great deal of time making sure the appropriate costs are going to the right fund. Also, we are able to report all financial information to each funding source, auditors, board member, etc. with ease.,,Microsoft Application Server, Apple iCloud, Remote Desktop Services,3,2,Keep track of funds Charging employees to correct fund for work performed Perform Payroll with ease,Creating reports from the system and exporting to Excel or PDF when necessary,Hopefully we will find an easy way to track our heath insurance for employees for IRS reporting,10,No,Product Features Product Usability Positive Sales Experience with the Vendor,At the time we purchased MIP I was not involved in the selection of the product.,Implemented in-house Professional services company,Getting everyone who needed to use the software to actually use it,9,In-person training Self-taught,9,,The product was fairly easy to learn for the basics, but I would recommend others to get training to use the product as it is intended.,7,We make sure not everyone has the same abilities,Some - we have done small customizations to the interface,Not at this time,9,Yes,When our server crashed. They went above and beyond to try to help us and even offered to send some one to NM to help us out.,Reporting Performing Payroll Processing Accounts Payables,The budget part is a little difficult, but with training I think we will get it We have a different way of implementing Benefits and Deductions for employee, the system doesn't help us out in our scenerio,No,9,8,9,9,Microix Time Clock,8,Microix Requisition Module,File import/export,Make sure what ever software you are looking into will be fully integrated with MIP. Some software says it is compatible, but a lot of functionality is not.,10,10,Not sure on this one for the initial purchase.,Have knowledge of what your needs are and what you are buying. All the software is fabulous, but it doesn't always meet your needs. Don't over buy if you don't need to.,Yes,My co-workers say the dashboard layout is better. I personally do not use the dashboard.,To be able to merge ID numbers for the same individual on the payroll module,No,NoAbilia MIP Fund Accounting is User FriendlyOur Finance Department uses it. We run reports for other departments monthly. We use for all are financials and board reports quarterly.,User Friendly Can have multiply grants You can import from excel.,Cannot delete a vendor or client after several years of not using them If you mess up on a import it will lock you out of that batch.,10,Have not transitioned to MIP Advance at this time Looking forward to using the cloud.,We have over 12 funds and have more over the years. The reporting is easy and you can run several reports with different levels of information,,QuickBooks Premier,Implemented in-house,Change management was a big part of the implementation and was well-handled,10MIP friend or foe?Abila MIP Fund Accounting is used for our general ledger, financial statements, and financial reporting.,Very stable software, have had no problems with software operation It is easy to use and learn,Would like to see reporting options, lacks the ability to significantly modify reports Importing data should be easier, exporting to Excel is built in but importing is more difficult Should come with tutorials for first time users,8,Good customer service Reasonable annual maintenance Works well with fund accounting,yes, if can accommodate multiple funding sources and programs,,Altus Dynamics Donor Engage,10,1,Accounting Accounts payable Account receivable Financial statement prep,Email budget reports,interface with check request system,8,Yes,Price Product Features Product Usability Product Reputation,No,Don't know,Yes,Change management was a minor issue with the implementation,none,7,8,Yes,Helping develop import definition,Posting enties Exporting,modifying reports setting up import definitions,8Abila MIP Fund Accounting - An Objective view by a user.The product is primarily used by the Accounting Department. A secondary clinical department also uses the product with the assistance of Accounting. With the implementation of Executive View, it will be rolled out to our executive directors and program managers. The program managers will be able to view their monthly financial statements. The business problems that are addressed by accounting seem obvious. Implementing it with a separate database has allowed us to better track the use of client funds for which we are rep payees. This department was maintaining the books manually. They are now able to check balances with a simple report. Executive View will provide a much more timely presentation of financial statements. These statements had been running about 1 to two months behind.,Reporting. I can obtain 99% of the reports I need with the reporting. It is easy to use and very flexible. Other systems require a complex reporting module that is geared towards a technical person with database experience. Technical support. This is the first company I have worked with that has a technical support department that truly understands accounting. If I were to call to discuss an allocation, they understand what I mean. The technical support department is very prompt. Interface with other products. Easily able to import/export transactions. It simplifies day to day transactions that can be entered into an Excel spreadsheet and imported into the product. We also use it to export transactions for further analysis.,Reporting. While I love the reporting module, I would like to have access to all the tables. While this could be accessed through SQL, I am not a SQL expert. I realize this may create a more complex reporting module, but it would be worthwhile. Budget. Need an easier way to enter budget or import budget. Would prefer to import into the budget module directly because I prefer the module over the piece contained in the General Ledger. Requisitions module. Would like more robust requisitions module that I could roll out to the users. The existing requisitions module does not meet our needs.,9,Better tracking of funds spent More efficient distribution of reports Able to analyze information based our our individual structure,Great Plains Dynamics,15,1,Financial Reporting Accounts Payable Budgeting,Considering use of Drillpoint to add reporting features Plan to roll out EFT Considering integrating with another requisitions system,10,No,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,Would not change,Professional services company,Yes,Change management was minimal,9,Online training In-person training,9,9,No,9,Yes,Abila MIP Fund Accounting is consistent throughout the system in functions that are performed. If you learn one module you will easily know how to use another module. Abila MIP has provided different views for users - either a Graphical Interface or Pull Down menus. The Graphical Interface lays out the steps necessary for each module, making it easy to learn.,Reporting takes a bit of training, but that is because the system is so flexible.,Yes,9I so not recommend Abila MIP Fund AccountingAbila MIP is being used across our organization. However, it seems to be creating more problems than it is addressing. I honestly don't know if the flaws are in the setup or in the program itself. We don't have the resources to pay the exorbitant rates their consultants charge to have this troubleshooted. The company itself will refer you back to the consultants. The company does not offer any online tutorials to assist and the documentation is deficient. In its current configuration I cannot in good conscience recommend this product to anyone. I find it frustrating that it cannot be configured to talk to Andar - our fundraising program. We currently have to enter every revenue/pledge information twice. Cash handling is the worst, however. All cash disbursements are credited to a central pool - no dept, no grant - we cannot designate where the credit goes. So to balance our fiduciary accounts we must make a manual entry for every disbursement. I have worked with a multitude of accounting software over the years - and this is ultimately the worst.,I cannot provide any significant detailed examples on what it does particularly well - because I can name other softwares that do it better at almost every aspect. The only feature to this program is the ability to track by year for your fiduciary accounts that have a different fiscal year. This is useful for monitoring multiple campaigns that straddle multiple fiscal years. There is almost no support for this program. Other programs Like Caselle offer free tutorials - everything on MIP will cost you major dollars.,Cash management - we should be able to have the cash disbursements post to the department and grant that the AP resides in. Abila needs to work on their bridges so that their program can interface with others that are commonly used. How about providing templates for financial statements that actually work. If we use the financial statements resident in the program - what we get is absolute garbage. How about a dashboard that actually works. How about free tutorials on how to use the program. There is no manual and this program does not work intuitively. The general ledger has no running balance - EVERYONE else provides a running balance. And if printed out it is a huge paper waste. And who provides a credit balance on an account by just placing it in the credit column rather than just placing brackets on the total for the account.,1,All negative. The previous controller was unable to function using this product - which resulted in over $20,000 in additional audit fees. I have developed workarounds that have impacted my ability to complete work timely. I really hate this product. No preconfigured financial statements. Everything must be downloaded into Excel and reworked. No manual - Help is useless, You have to contact a consultant for everything and that's big $$$$. There are no consultants anywhere near us - again big $$$$ to attend a class or conference.,I cannot find a benefit to a program that manages multiple funds from multiple sources but cannot interface with other softwares, provide any kind of standard reporting or books cash disbursements to a general pool regardless of fund. This product sucks. I have never been so disappointed in a product before.,,Oracle PeopleSoft HCM, Oracle PeopleSoft SCM and QuickBooks Pro,3,1,The only reason we still use this software is that we can't afford to replace it. This software has cost our organization a significant amount of money in wasted time due to the need to duplicate entry. The lack of resources has forced us to create workarounds at every level of use.,I would have been happy if it just functioned at Quickbooks level.,1,PeopleSoft Financials, TIBCO ActiveMatrix BusinessWorks, QuickBooks Premier,Not Sure,Product Features,If we had the resources we would switch immediately to a product that offers more functionality and stronger support. We are constantly frustrated when we are blocked when multiple people are using the account. Although we have a license for three - it will block us when the third person logs on.,Vendor implemented Don't know,Change management was a major issue with the implementation,Lack of support. Lack of bridge to existing software. Lack of resources to change.,1,No,1,Yes,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.,All of them. Really poor reports - no working templates - lot's of paper waste. Applying credits is a complete misery. Actually the entire AP function is difficult to use. No real logic.,1Maximize your abilities with Abila MIPIt is used across entire organization for accounting and payroll. Reports are invaluable for managing budgets, AP, departments, projects and grants. Payroll handles salaried, hourly, part-time and seasonal employees easily and facilitates required government reports. W-2 and 1099 preparation is a pleasure.,Unlimited number of account segments makes it possible to capture data at a level of granularity that hugely improves the quality of management decision making. The ability to have numeric, alphanumeric or alphabetic codes is extremely helpful. The point and click report writer makes creating standard and custom reports a pleasure, and easy to teach to new users. Security is flexible enough to be able to assign specific tasks to specific employees, improving security. Executive view cuts down the need to produce voluminous reports for managers, who can easily look at information on-line.,Purchase order module is limited in functionality and not especially intuitive to use. I'd look for a review of workflows and functionality that actual users want/need. Would like to see ability to do balance sheet and cash flow forecasting.,10,Much better information has led to making fewer costly wrong decisions.,Having segments for funding source and project makes it possible to manage and report on total funding from a funding source, total funding for a project, or funding for each project of a funding source or each funding source for a project. It takes a little time to lay out schema to create the appropriate account codes for this, but it's been a worthwhile investment.,,Constant Contact, Adobe Acrobat DC, The Raisers Edge,2,Board reports Management reports Payroll,10,Yes,Product Features Product Usability Prior Experience with the Product Vendor Reputation,I would not do anything differently.,Vendor implemented,Yes,Change management was a major issue with the implementation,Fear of change Difficulty comprehending multi-segment account structure Difficulty comprehending utility of table-driven account structure,10,In-person training,10,No,8,No,AP invoice entry and payments Payroll timesheets, payroll calculation,AR invoices Receipts on AR Allocations,Yes, but I don't use it,10,10,10,10,10,10,price of s/w, timing of implementation, amount and type of training, price of training, price of ongoing support.,be explicit, be clear about needs, be clear about staff skills and capabilities. ask questions until you understand something and don't assume that it's your fault if you fail to understand something the first time.,YesMIP Fund AccountingIt is used by accounting and payroll. It is a complete solution for our general ledger, accounts payable, and payroll needs.,It is easy to use. Very intuitive. Easy updates with great customer support. We have had very few technical issues with the MIP Fund Accounting product. Reasonable price for our organization.,Would like for backups to be automated.,9,It allows us to accurately report on our financial condition. Makes providing reports for our annual audit easy allowing us to provide the detail our auditors need saving them time - and as a result saving us money.,It does allow us to easily manage multiple funds. We have used MIP to manage as many as 20 different funds at time.,Adobe Acrobat DC,Implemented in-house,No,Change management was a big part of the implementation and was well-handled,Most significant issue was getting converted from our old system. When we converted, it required a good bit of manual input. It's possible this could be automated now.,9,Entering journal vouchers Calculating asset depreciation Calculating payroll,Automating the upload of entries. Our organization needed to hire an outside program to get our information in a format that could be imported into MIP. Year end 1099 and W2 reporting is a little more cumbersome than I would like.,Yes, but I don't use it,9
Windows
MIP Fund Accounting (formerly Abila MIP)
618 Ratings
Score 8.1 out of 101
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MIP Fund Accounting Reviews

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MIP Fund Accounting
618 Ratings
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Score 8.1 out of 101

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Jeffrey Chapman profile photo
Score 10 out of 10
Vetted Review
Verified User
Review Source

Implementation

9
Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
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Al Hesse profile photo
September 22, 2016

Abila in a non-profit world

Score 8 out of 10
Vetted Review
Verified User
Review Source

Implementation

9
Having a detailed plan helps. Understanding what your data 'means' is important so it can be correctly mapped to the new solution. Having other staff in on the early training helped as well. We had a few questions that popped up that our implementer was able to address promptly which then prompted the controller to ask even more detailed questions. In the end, we ended up with a better product. Keep in mind, you won't remember to ask all of the relevant questions and you may run into 'challenges' after the fact.
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Jan Crockett profile photo
September 12, 2016

Mip user for 8 years.

Score 10 out of 10
Vetted Review
Verified User
Review Source

Implementation

9
MUST have a good partner to guide you through the set up steps. A seasoned organization is imperative. They can help navigate issues because they have dealt with them before.
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Karen Hoffman profile photo
Score 9 out of 10
Vetted Review
Verified User
Review Source

Implementation

9
I highly recommend using a business partner for implementation. The business partners have implemented this product for numerous years and have a wealth of knowledge from working with various non profits and governmental entities. Some are close by and can provide on site training.
Read Karen Hoffman's full review
No photo available
Score 1 out of 10
Vetted Review
Verified User
Review Source

Implementation

1
Don't waste your time with Abila. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
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No photo available
July 19, 2016

MIP Fund Accounting

Score 9 out of 10
Vetted Review
Verified User
Review Source

Implementation

9
MIP personnel were very helpful in guiding us through implementation. There are also some excellent third party vendors if a company is more comfortable going that route. I had some IT knowledge and was able to handle most of the implementation in house.
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Feature Scorecard Summary

Pay calculation (121)
8.8
Benefit plan administration (86)
6.6
Direct deposit files (102)
8.5
Salary revision and increment management (92)
7.0
Reimbursement management (71)
6.4
API for custom integration (74)
8.4
Plug-ins (48)
8.6
Single sign-on capability (220)
8.7
Role-based user permissions (266)
8.8
Dashboards (151)
7.0
Standard reports (287)
8.0
Custom reports (280)
7.9
Accounts payable (299)
8.4
Accounts receivable (209)
8.2
Cash management (191)
8.1
Bank reconciliation (267)
8.5
Expense management (212)
8.4
Time tracking (77)
6.9
Fixed asset management (126)
7.8
Multi-currency support (30)
7.7
Multi-division support (116)
8.6
Regulations compliance (89)
8.3
Electronic tax filing (141)
8.0
Self-service portal (89)
7.5
Standardized Processes (14)
7.3
Inventory tracking (1)
7.3
Automatic reordering (1)
1
Location management (2)
7.7
Manufacturing module (1)
1
Pricing (50)
6.5
Order entry (51)
7.2
Credit card processing (2)
2.5
Cost of goods sold (2)
2.7

About MIP Fund Accounting

MIP Fund Accounting™ is a configurable fund accounting solution that allows you to report and track information that is most important to you, your board and your supporters. According to the vendor, the solution can change and grow with you through your most difficult of fund accounting, human capital management and payroll decisions alike.

MIP Fund Accounting™ exclusively serves the financial management and fund accounting needs for thousands of nonprofits and government agencies. MIP™ has received the Campbell Award for several years in a row. The company focuses on your long-term needs, and allows you to custom design your system to enable you to manage effectively, get timely information, streamline processes and provide strong controls.

MIP™ is a fully integrated system with comprehensive functionality including fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, dashboards, and more. The flexible structure enables you to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc. The product can be deployed on-premise, in the cloud or self-hosted. Separately, you choose whether you would like to purchase/own the system or if you would like to pay by subscription.

MIP Fund Accounting Features

General Ledger and Configurable Accounting Features
Has featureAccounts payable
Has featureAccounts receivable
Has featureCash management
Has featureBank reconciliation
Has featureExpense management
Has featureTime tracking
Has featureFixed asset management
Has featureMulti-currency support
Has featureMulti-division support
Has featureRegulations compliance
Has featureElectronic tax filing
Has featureSelf-service portal
Does not have featureGlobal Financial Support
Does not have featurePrimary and Secondary Ledgers
Does not have featureIntercompany Accounting
Does not have featureLocalizations
Does not have featureJournals and Reconciliations
Does not have featureEnterprise Accounting
Does not have featureConfigurable Accounting
Does not have featureCentralized Rules Framework
Has featureStandardized Processes
Inventory Management Features
Does not have featureInventory tracking
Does not have featureAutomatic reordering
Does not have featureLocation management
Does not have featureManufacturing module
Order Management Features
Has featurePricing
Has featureOrder entry
Does not have featureCredit card processing
Does not have featureCost of goods sold
Does not have featureOrder Orchestration
Does not have featureEnd-to-end order visibility
Does not have featureOrder exception Resolution
Payroll Management Features
Has featurePay calculation
Has featureBenefit plan administration
Has featureDirect deposit files
Has featureSalary revision and increment management
Has featureReimbursement management
Reporting & Analytics Features
Has featureDashboards
Has featureStandard reports
Has featureCustom reports
Customization Features
Has featureAPI for custom integration
Has featurePlug-ins
Security Features
Has featureRole-based user permissions
Has featureSingle sign-on capability
Does not have featureMulti-factor authentication
Has featureUser-level audit trail

MIP Fund Accounting Screenshots

MIP Fund Accounting Competitors

MIP Fund Accounting Support Options

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Phone
Live Chat
Email
Forum/Community
FAQ/Knowledgebase
Social Media
Video Tutorials / Webinar

MIP Fund Accounting Technical Details

Deployment Types:On-premise, SaaS
Operating Systems: Windows
Mobile Application:No