Overall Satisfaction with Abila MIP Fund Accounting
MIP is used in the business office to manage the accounting for multiple entities with multiple databases. Reports are distributed to end-user departments. MIP supports a distributed purchasing process with detailed programmatic budgets and YTD reporting. The segmented chart of accounts and ease of reporting accommodates the needs of business units, donor-endowment management, and board-management alike.
- Segmented chart of accounts allows transactions to be recorded at all levels of accountability- corporate entity, department, program, FAS restriction, location, fiscal year, natural account, etc.
- Reporting tools are flexible and easy to use, with multiple tools to meet more than one reporting need.
- Correction of coding can be done within the source module, e.g. if the vendor invoice distribution requires correction, the correction can be made within the AP module so that a complete history is retained in the source module.
- Importing is easy allowing end-users to eliminate time-consuming data entry and build integration with other systems.
- Report binders in the scheduler are a huge time saver.
- Allocations should allow for more than 3 segments to be utilized in the allocation.
- Import tool should allow for integration with Excel not just CSV, leading zeros are sometimes lost if the data has to be opened in Excel.
- Drill down on reports should be easier to view on the screen and navigate, expansion of details is cumbersome to see and navigate.
- Budgeting should allow for spreading of budgets using historical actual patterns or models.
- Better fiscal spending control through more granular reporting
- Better projections which allows for better visibility and improves decision making
- Audit savings through better reporting and transaction drill-down
- Blackbaud Financial Edge,Fundware,Navision
MIP performs the core functions for NFP accounting with a significantly lower cost of ownership than the competition.