Good at the essentials, but needs to work with other programs better
April 04, 2016

Good at the essentials, but needs to work with other programs better

Anonymous | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User

Overall Satisfaction with Abila MIP Fund Accounting

MIP is being used by a three-person accounting team as our primary accounting software. The software is used exclusively by the accounting department. MIP addresses our need for a fund-accounting solution in order to track restricted and non-restricted funds.

Pros

  • Tracks restricted vs. non-restricted funds, department budgets, etc., very well. There are many available tools to customize how revenues and expenditures are tracked.
  • Lots of reporting options, all of which can be customized.

Cons

  • Does not work with our DMS (donor management system), so lots of manual entry is required to enter donations into our system.
  • Does not allow for easy importing of data from most credit card companies.
  • Credit card expenses are not easily imported.
  • I started at my current position with MIP already in place, so I can't speak to it's impact at time of implementation, but I believe it did have a positive impact in that the prior software was unable to handle the need of the organization for a fund-accounting solution.
My organization has absolutely utilized the fund management capabilities of MIP to track and manage funds from multiple sources. We have a number of restricted gifts - some cash, others stock - that are tracked by the software.
MIP has become the standard for most mid sized-large non-profits. So, for such organizations, I would certainly recommend MIP.

MIP Fund Accounting Feature Ratings

Comments

  • Justin Morrow | TrustRadius Reviewer
    Justin Morrow
    (Vendor Representative) commented 8 years ago
    Thank you very much for your review of MIP! I'm glad that Abila MIP addresses your org's need for a fund accounting solution. Your experience with using MIP is extremely important to us and we appreciate all of the feedback you provided in this review. I noticed that you mentioned your current donor management solution and need for integration with MIP to avoid manual entry and help streamline your business processes. I'd like to understand which donor management solution you are using today because we are expanding our MIP platform with open API's to support integrations. With regards to your issues on credit card importing, our Abila Support team is always available if you'd like some assistance with that process. Feel free to reach out to me at justin.morrow@abila.com - I'd enjoy hearing more about your needs and experience with Abila MIP Fund Accounting. Kind Regards, Justin Morrow Product Marketing Manager, Abila

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