Abila Review
August 01, 2016

Abila Review

David Lee | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

MIP is used only by our Finance/Accounting department to process Accounts Payable, Fixed Assets, General Ledger processing and reporting. We also use the MIP Drillpoint advanced report writer. We are able to produce most financial reports for Management using built-in features of MIP, with a minimum of help via Excel.
  • We love the feature to attach files to transactions throughout the system. This is enabling us to be more "paperless" in our office records and avoid keeping hard copies of documents we are able to attach electronically.
  • MIP is quick. It processes postings and reports quickly, which is very helpful when we are under the gun to produce Financial reports.
  • The Advanced Report writer is an excellent tool and provides us with the ability to produce a complex report very important to our CEO that we used to prepare manually due to MIP's inability to produce this report in the basic financial reporting
  • I would like to be able to copy multiple rows from Excel into a new MIP Journal Entry (if you've used Solomon you know what I mean).
  • I would also like to be able to insert a blank row into an unposted journal entry
  • Fixed Assets - I would like to be able to remove (Retire) multiple assets all at once in one step instead of having to do so for each asset individually.
  • MIP helps us to produce timely and meaningful financial reports for Management.
  • MIP helps us maintain good internal controls and separation of duties.
  • Our organization has used MIP for many years, way before I joined the organization 3 years ago. From what I can see, MIP has helped our organization to effectively manage our finances.
We have been successful using MIP to manage multiple funds from multiple sources. The General Ledger chart of accounts can be tailored to, as far as I can tell, any type of funding/reporting requirements. We have over 200 separate funds we need to track donations and expenses separately for and MIP handles this very well.
Not Applicable - I inherited MIP which has been used by our organization for many years before I joined 3 years ago. That being said, MIP meets our needs and I have no intention of changing to another software product anytime in the near future.
MIP is definitely geared to the non-profit industry and is flexible enough to accommodate most types of non-profits.
MIP is less suited for for-profit businesses, more based on some of the terminology used in the system. I suppose it could be used for a for-profit business, especially if a non-profit ownes/operates a for-profit business, so that you would not have to learn/maintain two accounting/finance applications.

MIP Fund Accounting Feature Ratings