Fund Accounting Solution!
August 04, 2016
Fund Accounting Solution!
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
MIP Fund accounting is our sole financial software. There is not a lot of software that is capable of correctly and accurately tracking and working with fund accounting. This is in part because there are not many businesses that have a need for this style of accounting. If you work with grants or the need to track and allocate funds across multiple divisions from multiple sources, you will probably run into the MIP line of products. MIP's customer service is decent. They show continual improvement and the desire to listen to their customers. They do still have a ways to go to have a fully polished product.
Pros
- Fund Accounting.
- Reporting, with additional modules.
- Encrypted paperless documentation.
- Has both cloud and local options.
Cons
- Module and end user installation. The primary module prompts for updates if the local version does not match the server side and update is user friendly. The other attached modules do not and require the module to be uninstalled locally then be installed from the server to update.
- Admin or full access to server locations is required for systems and modules to work.
- Can import active directory groups but does not have live synchronization with active directory other then passwords. This can cause issues when removing and adding access using groups.
- We are using this to move toward a paperless office in the fiscal department. Printing costs are going down, data storage costs are going up slightly.
It does this well.
- QuickBooks Enterprise Solutions and People-Trak
This software was built for the fund accounting needs of non-profit organizations. This is a very small market compared to normal accounting needs, so there is not a lot of software out there that does this, and even fewer that do it as well.
MIP Fund Accounting Feature Ratings
Using Abila MIP Fund Accounting
12 - Fiscal, department heads, program administrators
1 - Hey, that's me! Decent working knowledge of windows server and active directory infrastructure is required. Any semi-knowledgeable IT person should be able to support this, or know when to contact MIP themselves.
- Fund accounting
- Fiscal reporting
- Electronic time tracking and entry
Abila MIP Fund Accounting Support
| Pros | Cons |
|---|---|
Quick Resolution Good followup Knowledgeable team Kept well informed No escalation required Support understands my problem Support cares about my success Quick Initial Response | None |
Yes - Finances are incredibly important to the success of our company and to whether or not I get payed
Yes - Yes, It was resolved in a timely fashion.
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