MIP Fund Accounting

MIP Fund Accounting

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Top Rated
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Score 8.3 out of 100
Top Rated
TRUE
MIP Fund Accounting

Overview

Recent Reviews

MIP Love!

8 out of 10
May 25, 2022
We use MIP for all of our accounting needs; accounts payable, accounts receivable, allocations, payroll, HR, bank reconciliation, and all …
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MIPleased!

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

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

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

Reviewer Pros & Cons

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Video Reviews

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Pricing

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Entry-level set up fee?

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

Offerings

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

Starting price (does not include set up fee)

  • $249 per month

Features Scorecard

No scorecards have been submitted for this product yet..

Product Details

What is MIP Fund Accounting?

MIP Fund Accounting is a configurable fund accounting solution that allows users to report and track finances, streamline processes, and scale and grow based on your unique needs. MIP is the accounting software of choice, with cloud or on-premises deployment options, and designed to meet and handle the complex accounting needs of nonprofit financial management.

MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, payroll, human resources, allocations management, procurement, fixed assets, grant management, and advanced security functionality. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc.

MIP Fund Accounting exclusively serves the financial management and fund accounting needs for nonprofits and government agencies with its complete, end-to-end suite of functionality and multi-segmented chart of accounts. The company states that with the right fund accounting platform and expert guidance, users can track unlimited funds, manage complex reporting requirements, streamline productivity, and make the right data-driven business decisions for an organization.

MIP Fund Accounting Screenshots

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

MIP Fund Accounting Competitors

MIP Fund Accounting Technical Details

Deployment TypesOn-premise, SaaS
Operating SystemsWindows
Mobile ApplicationNo

Comparisons

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Frequently Asked Questions

What is MIP Fund Accounting?

MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.

How much does MIP Fund Accounting cost?

MIP Fund Accounting starts at $249.

What is MIP Fund Accounting's best feature?

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

Who uses MIP Fund Accounting?

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

Reviews

(1-25 of 43)
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Joanne Jenkins | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • Designing Reports to fit the need at the time. There are so many options for making that report say exactly what you need it to say to the people you are presenting to.
  • Separating out types of accounts payable vendors. By using modifiers in the front of the ID, we have been able to separate out vendors we use for specific reasons, like refunds. We use an R- in front of each ID name to keep all the refund vendors for our clinic all together. This is useful in reporting and merging unused IDs.
Jacien Squires | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Review Source
  • MIP is unable to generate the report we need for our retirement processing. Luckily, we were able to create a 3rd party application that can pull the data we need from our database and put it into a format that our retirement company will accept.
  • The reports module can quickly give our managers a detailed calculation of all their account balances.
Maryann Freepartner | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Review Source
  • The Excel export feature is useful for so many various uses. Who gave us donations? How many people traveled last year? What is the result of this particular program? Being able to run reports on posted transactions, export to Excel, prepare pivot tables are all ways to use the MIP product.