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
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.
- 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.
- 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.