MIP in the Open
John Petty | TrustRadius Reviewer
Updated January 18, 2019

MIP in the Open

Score 7 out of 10
Vetted Review
Verified User
Review Source

Software Version

15.2

Modules Used

  • HR, PR, GL, EFT, ALL, BUD

Overall Satisfaction with Abila MIP Fund Accounting

Abila MIP Fund Accounting is used by the whole organization for department and overall reporting as well as compliance reporting. It was purchased to allow for reporting by cost allocation to multiple cost centers, including both internal departments and grants.
  • Cost allocation. Allows great flexibility in the setup of cost pools and receipient centers.
  • Multiple dimension coding structure. Allows complex accounting setups for multi-faceted organizations.
  • Reporting. Allows many different report configurations.
  • Exporting. Ease of exporting reports to PDF and Excel formats.
  • Bank reconciliation. Exceptionally outdated and inefficient process for clearing checks.
  • Accounts payable. New vendor setup process could be so much easier, especially for vendors who are already employees.
  • Credit card puchases. Badly needs improved functionality in the posting of transactions to actual vendors.
  • We believe Abila MIP Fund Accounting is a fairly efficient product.
  • Abila MIP Fund Accounting is slow to innovate and implement enhancement requests.
  • Quickbooks
Much superior in terms of cost centers accounting and accruals.
Do you need a lot of cost centers and coding dimensions? Abila MIP Fund Accounting does this well.

MIP Fund Accounting Feature Ratings

Accounts payable
5
Accounts receivable
5
Cash management
5
Bank reconciliation
2
Expense management
7
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
8
Regulations compliance
5
Electronic tax filing
8
Self-service portal
7
Pay calculation
7
Benefit plan administration
5
Direct deposit files
8
Salary revision and increment management
7
Reimbursement management
Not Rated
Dashboards
5
Standard reports
8
Custom reports
8
API for custom integration
5
Plug-ins
5
Role-based user permissions
8
Single sign-on capability
8

Using Abila MIP Fund Accounting

Accounting and people with basic bookkkeeping skills.
Too difficult and expensive to change.
5 - HR, Payroll, AR and AP, GL reporting

Evaluating Abila MIP Fund Accounting and Competitors

  • Product Features
  • Product Reputation
  • Prior Experience with the Product
We needed the multiple dimensions that MIP offered (GL, Program, Dept., Fund).
We would not change.

Abila MIP Fund Accounting Support

They usually solve the problem and they seem to care.
ProsCons
Quick Resolution
Knowledgeable team
Problems get solved
Support cares about my success
Quick Initial Response
Difficult to get immediate help
No - Not needed.
Yes - Most of the time.
They often follow up to see if the issue is solved.