Abila/MIP for Nonprofit Fund Accounting
August 12, 2016

Abila/MIP for Nonprofit Fund Accounting

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

Overall Satisfaction with Abila MIP Fund Accounting

MIP is used by the finance and accounting department. It is robust for our use, but I wish it integrated more smoothly with the modules that other departments use. Exports/Imports are a little clunky.
  • This is a great platform for Accounts Payable. We are happy with our ability to research and track individual payments (checks and also EFT payments).
  • The GL transaction process is pretty strong and easy to use.
  • The investment of time put into creating reports is very rewarding because it's possible to build exactly the reports you want.
  • I wish that the bank reconciliation module were more integrated with the rest of the software, and that it would electronically integrate with online bank information available.
  • Report formatting can be very tricky to set up so that the reports are easy to read and use.
  • I'm not sure I can properly answer this question as this has been the platform used and preferred by my current organization for many years. At a previous organization, I moved the organization away from MIP, which was a good choice for that organization. It seems to be right-sized for my current environment.
I believe that this was the precise intention of my predecessors when they decided to use MIP. This was ideal for managing multiple funds. The new administration is attempting to reduce the complexity of fund accounting and consolidate the number of funds in use, but I believe that MIP will accommodate this purpose, as well.
This was not my choice, but there are huge advantages to having a software platform that is customized for non-profits. I also feel that the support available from our local broker is excellent, including the training and user groups available.
For the nonprofit with a complex chart of accounts, MIP is a great choice. Smaller non-profits would probably be better off with something simpler. Without proper training, this product can be overly complex for simple transactions and reporting.

MIP Fund Accounting Feature Ratings