Fund Accounting does what it should - accounts for funds
Updated August 14, 2020

Fund Accounting does what it should - accounts for funds

Kayza Kleinman | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

We use MIP to manage the majority of the finances for our entire organization. Fundraising is separate. Payroll is handled by an outside payroll processor. Purchase orders have recently been automated using a program that integrates reasonably well with MIP. We are a multi-funded, multi-program organization. The ability to look at revenue and expenses across funder and/or department is very useful to us.
  • The ability to manage segregated funds. We have funders who fund multiple programs, and those programs have multiple funding streams. MIP handles this with surprising ease, saving us time while making sure we comply with our contracts.
  • Support. The people are great, but it still takes to long to get a live person.
  • Reporting and data exports. It's not terrible, but a bit more flexibility would be great. Also better handling of printers - we've had a surprising number of odd ball issues with printers.
  • Better handling of Windows updates. Some of our printer issues were definitely related to Windows 7 - definitely over a year after Windows 7 had come out.
  • We've had the same issues going forward, such as with Windows 10 updates.
  • Also, reports - it's still too hard to get the appropriate level of detail for some reports.
  • Integrations - there are things that MIP barely handles (eg purchasing) and the integration options are limited.
  • We are still on-premise
This has been our primary reason for using MIP. The fact that all transactions can be coded to reflect funding streams, department, etc., makes this reasonably doable.
When you have to match funding stream to program so carefully, and often also track the type of expenditure on a very granular level, low end solutions don't cut it. At the time we started with MIP, only very high end accounting systems could do what we needed - even the mid-range didn't really give us the kind of cross program, cross funding management at such a granular level. Mid-range non-profit specific software was the only thing that offered us the potential to manage all of this at a price that we could afford, and without major customization.
No - overkill, too expensive, too complicated
  • Small Budget
  • Simple structure - few programs, funding linked one to one to programs.
Yes- powerful and flexible
  • Many government contracts (especially large ones)
  • Moderately Complex funding structure.
Maybe - Very complex projects and very large organization

MIP Fund Accounting Feature Ratings