MIP is a great fund-accounting software program.
We use MIP Fund Accounting, not only for our daily operations, but for payroll and human resources. We utilize most of the functions …
Overview
What is MIP Fund Accounting?
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.
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MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
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What is MIP Fund Accounting?
MIP Fund Accounting is a configurable fund accounting solution that allows users to report and track finances, streamline processes, and scale and grow based on your unique needs. MIP is the accounting software of choice, with cloud or on-premises deployment options, and designed to meet and handle the complex accounting needs of nonprofit financial management.
MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, payroll, human resources, allocations management, procurement, fixed assets, grant management, and advanced security functionality. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc.
MIP Fund Accounting exclusively serves the financial management and fund accounting needs for nonprofits, schools, native nations, and government agencies with its complete, end-to-end suite of functionality and multi-segmented chart of accounts. The company states that with the right fund accounting platform and expert guidance, users can track unlimited funds, manage complex reporting requirements, streamline productivity, and make the right data-driven business decisions for an organization.
MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, payroll, human resources, allocations management, procurement, fixed assets, grant management, and advanced security functionality. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, etc.
MIP Fund Accounting exclusively serves the financial management and fund accounting needs for nonprofits, schools, native nations, and government agencies with its complete, end-to-end suite of functionality and multi-segmented chart of accounts. The company states that with the right fund accounting platform and expert guidance, users can track unlimited funds, manage complex reporting requirements, streamline productivity, and make the right data-driven business decisions for an organization.
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Meet MIP Fund Accounting
MIP Fund Accounting Competitors
MIP Fund Accounting Technical Details
| Deployment Types | On-premise, Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Windows |
| Mobile Application | No |
Frequently Asked Questions
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.
Sage Intacct, Blackbaud Financial Edge NXT, and QuickBooks Desktop Pro are common alternatives for MIP Fund Accounting.
Reviewers rate In-Person Training highest, with a score of 10.
The most common users of MIP Fund Accounting are from Mid-sized Companies (51-1,000 employees).
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Reviews
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April 12, 2024
MIP is a great fund-accounting software program.
We use on-premise MIP fund Accounting. We thought about moving to the cloud but my staff didn't want a new look to what they already know with the on-premise system that we use now. I think the cloud version might be good but the cost is also a factor when trying to decide on what to use.
February 23, 2024
MIP Great Software for Non-Profits
Not Applicable to my organization.
February 23, 2024
MIP in the Open
We have not yet deployed MIP in the cloud. We may do so soon, and appreciate being able to have both options.
June 03, 2023
MIP users' experience
Our organization uses the on-premise version could easily deployed in the cloud if we choose so.
Over a year now we have migrated to the MIP Cloud. During the height of the recent pandemic we were handicapped (due to lockdowns) in terms of not being able to work remotely and this resulted in falling behind on deadlines and overall inefficiency of our financial functions. MIP Cloud has now given us the flexibility to work remotely from any part of the world. In addition, the cloud enhances our data security since the data is now stored offsite.
May 30, 2023
Abila MIP meets my needs!
On the cloud, it is much better than the on-premise servers. In the past, the on-premise server has given me a lot of issues, specifically with the SQL.
June 03, 2022
I love using MIP Fund Accounting
We use MIP Fund Accounting on-premise. The flexibility of it helps us with everyday transactions & activities. I feel it gives me a better understanding of nonprofit accounting. It helps me to understand what I've learned in college.
We use MIP on-premise. I don't see us transitioning to the cloud. The ability to restore the back-up at any time for the on-premise comes in really handy. Most of the time, the back-up is restored when payroll is being processed. Staff click a wrong button or put in a wrong date and instead of reversing what was done, we restore the back-up.
April 29, 2022
MIP know what it’s doing
We use on premises. I have it on a laptop and take it with me. This worked out well during the pandemic and working from home.
April 08, 2022
MIP Works for Non-Profits
We moved to the cloud about 2 years ago. The benefit to moving to the cloud was freeing up space on our server. This was going to be a very expensive thing to deal with and moving to the cloud was the economical benefit to us. Yes the cloud does cost more than the classic version, but not having to worry about updates and not bogging down our own server is a huge benefit. The cloud is not perfect by any means but I do love the layout of it and I also like that we have the option to use the classic version within the cloud. The classic version works almost all of the time from the cloud and that is important.
March 26, 2022
If you are a Not-for-Profit, you need this software!
We are on-premise. I think that eventually we may wish to switch to the cloud, but it's not in the budget at this time. The only issue with the on-premise version is that we, as the final users, are not able to run the updates. Sometimes (especially at the end of the year) this causes us to delay some year-end reports.
August 14, 2020
Abila MIP fund accounting is a top notch software program - you can't go wrong with MIP!
Originally we were on-premise but moved to Cloud based as we do not have IT on staff -moving to Cloud based has been the best decision.
August 14, 2020
Abila Accounting for Non-Profits-Awesome!
We use on premise.
August 14, 2020
Fund accounting for Nonprofits
We utilized the cloud software for a short period of time. Being able to access the software from anywhere is helpful if you work from home or arent in the office that day. We actually switched back to the on-premise which I now have access to at home through a laptop.
August 12, 2020
Trusty MIP
We tried the cloud version and with the current climate of help, we were not able to get it to work. We therefore returned the licenses. Our IT contractor had to develop a means for us to remote into our computers. He uses Amazon connections for remote time into our computer. We had issues with printing using the system as remote, which had to be worked out with support. This is extremely helpful with the current COVID-19 climate.
August 12, 2020
Newbie's Review
Due to current conditions requiring most of our accounting staff to work remote, we are considering moving to the cloud.
We are now in the cloud and it has enabled has to have much more flexibility for access as well as adding other services such as Microix
August 11, 2020
What You Should Know About Abila MIP Fund Accounting
We use MIP on-premise. It's more work for our IT department, but judging from some of the problems I've heard from others who have switched to the cloud, I'm glad we are on-premise.
Our team considered the cloud based version but then ultimately decided against that but we have been satisfied with the product so far. We are a non-profit health care facility that caters to the needs of our community that does not have access to quality healthcare and most of our funding comes from grants. It is vitality important that our financials specify which funds are for each grant and how much is pending and what categories the expenses fall under and MIP has been very helpful in our grant tracking. Especially with Covid going on there are more grants and donations than ever before with set guidelines and strict regulations MIP is the key to keeping our company a float during these trying times.
August 11, 2020
Abila MIP just works
On-premise is the method used on site. Having it locally installed means it is always available. Plus neing local, we can integrate the database with our own internal applications.
August 11, 2020
Abila - One Stop Shop
We maintain our MIP Fund Accounting on-premise.
August 11, 2020
Great product for your accounting
In cloud...as previously mentioned the only issue was the delay to repair our files after the security breach earlier this year which unfortunately was shortly after we implemented the system.
August 11, 2020
review of Abila from a tech standpoint
We have deployed in the cloud but started on premise. With out the cloud implementation during Covid-19 we would have been severely limited in our operations