MIP Fund Accounting Reviews

620 Ratings
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Score 7.9 out of 100

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Reviews (1-25 of 315)

Paul Wetterholm | TrustRadius Reviewer
January 29, 2020

An excellent accounting product for any non-profit!

Score 9 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

MIP is well suited for any small or medium-sized non-profit or government organization. With MIP, an organization would have the potential to have MIP to process payroll, manage procurement and associated workflows, create budgets for the entire organization, and do all the necessary financial reporting required. It has the ability to be configured to meet the needs of almost any organization. It might not be the best suited product for a business that wants to integrate a number of other systems it currently has to MIP. MIP has had procurements businesses such as Microix that have built-in integrations to the system and outside of this, it would be costly and time-consuming to build out a separate procurement system as it does not have strong integration capabilities at this time.
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Eris Tanner | TrustRadius Reviewer
April 09, 2019

Great for Non-Profits!

Score 8 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

Well-suited for basic accounting, I would give it an 8. Drill-down would be nice on the general ledger to be able to look at the original entry. Maintaining the year codes and distribution codes is much too involved-this needs to be streamlined. Would be nice to be able to update information on encumbrances and purchase orders prior payment. The accounts receivable module is a bit of a nightmare-we don't use the invoicing function as it is too involved for our company. While the Accounting function deserves and 8, I would only give the payroll function about a 4.5-sorry.
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Bruce Emmerling | TrustRadius Reviewer
January 21, 2019

A well packaged solution for smaller non-profit organizations

Score 8 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

The product is really well suited for small to medium non-profit organizations and other types of operations. Its features might not be as applicable for commercial businesses or large organizations. Some organizations may want to weight its fees and costs when choosing the product. Overall its features are well integrated and quite useful for organizations that may not need a more complex accounting product.
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Bob Jones | TrustRadius Reviewer
January 18, 2019

Abila MIP Fund Accounting

Score 9 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

From a technical perspective, we are very happy with Abila MIP Fund Accounting. We would prefer support for having the file share on a different server than the database server for security and best practice reasons.
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Kayla Klinger | TrustRadius Reviewer
January 15, 2019

I recomend Abila!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

We are a small company with around 30 employees, some full-time and some part-time, with funding from multiple sources but mostly government grants. It works great for our needs. It would be well suited for a company with less employees and less programs that do their own payroll and program management. It would be well suited for a company with more employees and more programs that also do everything in-house. Companies could forgo the Payroll module and still get good use out of it with the A/R and A/P and Budget modules. I cannot think of a scenario where Abila is less appropriate.
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Daniel Davis | TrustRadius Reviewer
April 15, 2019

Grant and Membership Funded Nonprofit Member's Review.

Score 4 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

MIP Fund Accounting is well suited for a grant based non-profit with minimal membership capacity. Organizations that need very detailed information will find Abila extremely effective in documenting transactions in a very robust and transparent manner.

MIP Fund Accounting is very poorly suited for large volumes of transactions that need to be processed simultaneously, such as invoicing thousands of members in an individual batch.
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Diane Angell | TrustRadius Reviewer
January 23, 2019

Fund Accounting made Easy!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Switching from QuickBooks to Abila fund accounting made it so much easier to truly do my job. [We are] able to have one company with separate funds and departments. Being able to create the accounting code segments to suit your personal needs was nice. The only downside is make sure you are truly satisfied with your accounting code setup because you can't change this after you are using the software. In my case I added an activity code that I don't use.
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Cesar A Siso L | TrustRadius Reviewer
January 22, 2019

The best for accounting and administration in your organization

Score 8 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

If you need a tool to manage the budget, accounting and administration of your business, then Abila is for you. This software goes beyond, because you can handle a lot of things simultaneously, you can manage and track your budget, administration and accounting with a great interface and even in your devices. Unfortunately, it is an administration software and if you work in a project that is going to be changing continuously the app can be a little useless, because every change you do will demand a lot of time and that is not very useful.
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David Gerber | TrustRadius Reviewer
January 21, 2019

Abila is a great system for non-profits

Score 10 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Abila is fully integrated and allows us to have access to real-time data. It is easy to use and navigate. We are able to create many financial statement report formats that allow us to match a grant for reporting. I would love to see a grand total at the end of a report when you use page breaks. That would be extremely helpful.
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John Petty | TrustRadius Reviewer
January 18, 2019

MIP in the Open

Score 7 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

Do you need a lot of cost centers and coding dimensions? Abila MIP Fund Accounting does this well.
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Joan A. Cox, CMA CPA | TrustRadius Reviewer
January 18, 2019

MIP Saved The Day!!!

Score 10 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

MIP is well suited for organizations with multiple funding sources, multi-year and cross-year reporting, and numerous cost centers/expense charge codes. The common chart of accounts helps with consistency in reporting across an organization and to external users. Consolidation of different grants is easy to complete and reporting can be performed on any time period.

I don't [think] it is appropriate for smaller organizations that do not have complex accounting or reporting requirements. Many nonprofits have a small staff which might find MIP more structured than they may need to their reporting.

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Louise Johnson | TrustRadius Reviewer
January 15, 2019

Track like a Pro

Score 10 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

It is a great tool for an agency that has multiple funding sources, providing reporting and tracking of all expenses and income for each program, as well as within divisions.
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Chanette Oeser | TrustRadius Reviewer
January 15, 2019

Abila - One Stop Shop

Score 7 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

Having worked in the same industry for over 25 years it is difficult to speak to industries where Abila is less appropriate. It works well in the Non-Profit industry. The chat support is exceptional and very helpful in times of trouble.
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Anonymous | TrustRadius Reviewer
January 18, 2019

Newbie's Review

Score 9 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

I primarily work with the AP section of the program. One of the biggest issues we've encountered is the difficulty in fixing entry errors after posting. We've had a couple of incidents where an incorrect entry should have been simple to fix, but wasn't. When reversing an entry error, the number of steps needed is too much (get the session id, the doc number, enter a new session, reverse the entry, exit, new session, enter the corrected doc) - it would be nice if this could all be done in one screen (like within Vendor Balances).
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Anonymous | TrustRadius Reviewer
January 18, 2019

Abila MIP Fund Accounting is worth a try for any non-profit business!!

Score 9 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

It is well suited for any size company as it has all of the functionalities that is needed to run an effective accounting/finance office. Most of the modules are very easy to use and complete all the tasks needed to get the desired result. I can't see any scenario where it is not appropriate to have the fund accounting system.
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Anonymous | TrustRadius Reviewer
April 12, 2019

Jackrabbit

Score 6 out of 10
Vetted Review
Verified User
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Likelihood to Recommend

Bank Reconciliation is my favorite module. I like the way it flows and the way the various tabs are identified (I may just enjoy this part of my job more). I do find that correcting errors after posting is very frustrating and could use improvement.
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Anonymous | TrustRadius Reviewer
April 04, 2019

MIP is a customizable and sensible tool for your financial needs.

Score 7 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

I can see where MIP would be a great tool for retail or operations that use a complicated GL string. If MIP would talk to other medical software it would make our lives a lot easier and would eliminate the need for double entry.
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Anonymous | TrustRadius Reviewer
March 21, 2019

Simple but effective

Score 9 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

I would recommend this software for advanced accounting users. It would be less appropriate for inexperienced clerks. Also, I found a lot of useful tips and tricks during the live training that I would have otherwise missed. It is a great reporting tool, with the ability to isolate some classes of assets and generate different report scenarios.
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Anonymous | TrustRadius Reviewer
March 19, 2019

Very user-friendly and great online support

Score 8 out of 10
Vetted Review
Verified User
Review Source

Likelihood to Recommend

MIP has a great variety of options. You can customize the system reports and you can save and lock them so other users can not mess them up. This is extremely useful when you need reports once a year for audit purposes and you can run them with a click of a button. I wish all reports can include unposted transactions. MIP is great and easy to navigate and has great chat support, as well as a university website and forum groups where users can share their experience and recommendations. MIP listens to its users and upgrades and streamlines very often.
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Feature Scorecard Summary

Pay calculation (122)
8.4
Benefit plan administration (87)
6.4
Direct deposit files (103)
8.8
Salary revision and increment management (93)
7.4
Reimbursement management (72)
6.8
API for custom integration (76)
6.9
Plug-ins (50)
7.8
Single sign-on capability (221)
9.0
Role-based user permissions (268)
9.2
Dashboards (152)
7.6
Standard reports (289)
8.3
Custom reports (282)
8.2
Accounts payable (301)
8.5
Accounts receivable (211)
8.3
Cash management (193)
7.9
Bank reconciliation (269)
8.5
Expense management (214)
8.5
Time tracking (79)
6.8
Fixed asset management (127)
7.8
Multi-currency support (31)
8.0
Multi-division support (118)
8.8
Regulations compliance (91)
8.8
Electronic tax filing (143)
8.6
Self-service portal (91)
7.6
Standardized Processes (16)
7.1
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)
7.4
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

 Paid Version
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