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.
Recent Reviews
Awards
Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards
Reviewer Pros & Cons
Video Reviews
1 video
MIP Fund Accounting Review: Serves As A Customizable Accounting Solution Software
01:14
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 Video
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).
Comparisons
Compare with
Reviews and Ratings
(821)Attribute Ratings
Reviews
(201-225 of 406)Companies can't remove reviews or game the system. Here's why
January 13, 2017
Abila Works
- We have realized a lowered cost of operations since switching to MIP, now that we pay a monthly fee vs. licensing, hosting, administration, and support.
- It has made remote access easier.
January 11, 2017
Abila an ok Fund accounting software for non-profits
- It has cut down on our finance team's overall time expenditure.
- It has increased the time our IT department spends on fixing bugs or software issues.
January 11, 2017
Very Limited for HR
- From an HR perspective, MIP is very limited, backwards, and creates a lot of manual work that other systems do automatically.
January 11, 2017
MIP is good finance program with good support.
- MIP is rock solid in its operation and with periodic updates works well for years.
- MIP support is very knowledgable and easy to contact. They provide everything needed to get you back up and running.
- MIP reporting is very robust and allows us to provide reporting on whatever is needed.
January 10, 2017
Great flexiblity and price point.
- MIP has the flexibility we need to deal with multiple companies at once and to track their expenses.
January 10, 2017
Abila review
- Not applicable
January 06, 2017
I am glad I chose Abila MIP Fund Accounting.
- Price was a little expensive when we started with MIP Fund Accounting.
- Exporting and importing data from Quickbooks to MIP Fund Accounting was hard.
- MIP Fund Accounting provides better financial reports.
December 28, 2016
A very good accounting package for complicated and simple non-profit organizations.
- We transitioned long ago and the impact was a much better interface to get information quickly. There are several ways to locate specific information when necessary, the only drawback is you must have a clear understanding of how to construct reports from a top-down orientation.
- The financial reporting, once set up, gave a much more professional image to our external reporting functions.
- We are able to turn around our monthly and quarterly closes much faster.
December 23, 2016
MIP Review
- This is a difficult area for me to answer as I did not use any prior software for this employer. MIP Fund does provide a strong audit trail by requiring reversals of incorrect data entry. This is highly beneficial for any organization that needs transparency in its books especially dealing with federal and state grants and contracts.
- At this time we have not transitioned to MIP Advanced. This is something we have looked at and will consider at a future date. One of the reasons is to enable us to have more than one "seat" without the cost that would be involved if we increased our seats with our current on-premise program.
- The ability to isolate one revenue type for board or accountant review in a report is much more cost effective than me having to try to pull all this information from financial reports and create revenue specific worksheets myself.
December 21, 2016
Reporting life saver!
- Once you set up your frequently used reports, you save much time in pulling routine information; this is especially useful when you have stakeholders asking for information 'on the spot'.
- Different awards/grants require different reporting categories and MIP Fund Accounting makes it easy to customize your reporting for each award/grant to match the prescribed budget categories. Giving your grantors information in 'their language' is incredible goodwill.
December 20, 2016
MIP for all your needs!
- We have used MIP for many years so it's hard to measure the impact of the software.
- MIP has been invaluable to allowing us to separate funds by using their coding structure.
December 16, 2016
Very Happy with Abila MIP
- I have not seen a negative impact from running MIP Fund Accounting.
December 15, 2016
Education User
- Overall spend on MIP is lower than other alternatives.
December 14, 2016
Abila MIP The Greatest
- We have used MIP for 17 years and it has been sufficient for all our needs.
December 14, 2016
MIP Fund Accounting and Me
- Moving to MIP Advance operations was one of the best moves that we ever made.
December 14, 2016
MIP works for me!
- The biggest positive is control of cash.
December 13, 2016
Brief Review
- Generally positive. However the learning curve was somewhat painful.
December 13, 2016
Government organizations will benefit greatly from Abila MIP
- Positive role in forecasting, gauging
December 13, 2016
MIP is the solution to Grant Reporting
- It allows me to maximize our grant funding
December 09, 2016
Non Profit Software that is EASY!
- Positive impact on our organization - no down time related to software
December 02, 2016
Data entry is easy.
- I do not have this information.
November 25, 2016
Tribal Accounting at its best.
- We rely heavily on this software every day.
- The Return on Investment has been infinite for our organization as before implementing we were doing everything on paper.
November 21, 2016
Game Changer
- We are saving labor hours on the input of data and the reporting of data through MIP.
November 18, 2016
Solid software. Easy deployment and recovery.
- It can be pricey for small non-profits but certainly pays off in the long run when compared to competitor products.
November 15, 2016
MIP Review
- We have used MIP Fund Accounting for around 15 years. It has helped with all financial objectives including: budget preparation, cost analysis, procurement practices, and compliance regulations.