MIP Review
I use it to input all financial data and to prepare month and year-end financial reports
Starting at $249 per month
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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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Video Reviews
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MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
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Pricing
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
Product Demos
Introduction to MIP Cloud Accounting Software
YouTube
Product Details
- About
- Competitors
- Tech Details
- FAQs
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.
MIP Fund Accounting Screenshots
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.
MIP Fund Accounting starts at $249.
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).
Comparisons
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Reviews and Ratings
(802)Attribute Ratings
Reviews
(1-25 of 396)Companies can't remove reviews or game the system. Here's why
August 25, 2023
MIP Review
- Time savings with automated processes like ability to upload entries
August 24, 2023
Grant and Contract Tracking
- I no longer have to build spreadsheets to track every single grant or contract.
- Simplifies our finances
- Plays a huge part in composing our financial statements
- Can pull historical data to varying specificities
August 19, 2023
MIP in the Open
- We believe MIP Fund Accounting is a fairly efficient product.
- MIP Fund Accounting is slow to innovate and implement enhancement requests.
August 17, 2023
Stable, Secure with no Surprises!
- I'm sure there is time saved with the import and export with our time management system, but I don't have any data.
August 10, 2023
MIP is Rock Solid for the FQHC World
- Saved me time during month end close thanks to copying of previous entries
- Allows me to save time with uploading the budget
- When set up correctly, the bank rec module saves a bunch of time as well
August 10, 2023
MIP Review 2023
- This is not my department, so I am not sure how to answer this question
August 10, 2023
Use of MIP Fund for Your Finance Team
- Created a better outlook for our finance team on expense tracking and revenue tracking
August 10, 2023
Honest -Software review
August 10, 2023
MIP Great Software for Non-Profits
- MIP has allowed me to get better at my job as a nonprofit accountant.
- MIP Customer Service Support is great on helping solved some of the issues that I have encounter.
- The system has crashed on me during a couple of occasions and my work is gone. The work should save automatically.
June 13, 2023
Abila/MIP as everyday help in non-profit accounting
- We moved to MIP from QuickBooks. So I can say that MIP gives us much more options for coding for identifying Fund, GL Code, Program, Source, and Client.
- Reports are incredible and incomparable to the QuickBooks
- Would be nice to have Customer Statement seeing before the printing. Right now the only way to see Customer Statement is to print it or save it.
June 06, 2023
MIP: Best solution & value for your money!
- Streamline everyday processes: keeping timelines and meeting deadlines.
- Staffing
- Better collaborations with other dept/3rd party
June 05, 2023
Abilia MIP Review
- Detailed reports - helpful for Audit
June 05, 2023
Highly recommend
- Better accuracy in grant management (tracking transition to new grant).
- Reduced staff time for allocation process.
- Custom reports are helpful at audit time to create SEFA and other required documents.
June 03, 2023
MIP users' experience
- Generally favorable.
- ROI is very reasonable.
- Has positive impact.
June 03, 2023
Abila - a great segment reporting tool.
- MIP has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
- MIP importing feature allows integration to many different systems which makes MIP very flexible allowing costs to be saved if the owner of the MIP system switches between vendors.
June 02, 2023
Great accounting software, could be more user friendly for those without an accounting background.
- The CFO and accounting staff are able to easily track expenses and vendor payments
June 01, 2023
MIP Fund Accounting Review
- Creates an appropriate audit trail for clean financial audits
- Improved financial reporting to our stakeholders.
- Timely and up to date reporting to our donors.
- Reduced IT costs over the years due to a more efficient accounting system.
- Improved audit trail to facilitate financial audits
May 30, 2023
Abila MIP meets my needs!
- Saved time and effort.
- Allows for better segregation of funding sources.
- Allows for better cash management.
- As we only use it for bookkeeping and data entry, I don't believe this question is applicable.
May 03, 2023
Positive
- a Positive impact. which fund is making a positive inpacted on the organization.
- This software is great for Non Profit Organizations
April 25, 2023
MIP Does the Job
- Consistent with our historical data since we have been using it for so long
- Helps with detailing information for audit purposes
April 21, 2023
I do indeed like it a lot :)
- Positive impact on time saved with automated accounting processes.
April 21, 2023
My Review
- All positive
- Provides old and new information according to dates
- Provides old and new information according to fund number or department number