Abila Review - Not-for-Profit
August 16, 2016
Abila Review - Not-for-Profit
Score 7 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
We use MIP across our whole organization. We are a not-for-profit organization with a grants/contracts portfolio of about 50 - 60 separately funded projects. Each of these projects requires a separate accounting for the funds received and MIP provides us the flexibility to segregate the budget, revenues and expenditures for each of these projects.
Pros
- Allows for the segregation of revenues and expenditures by funding sources
- Allows us to track spending against a particular project budget
- Import functions allow electronic interface to other functions (i.e. payroll)
Cons
- Budget functionality isn't great
- Application seems to be broken up into too many pieces and parts - should combine more modules
- MIP allows us to fulfill our fiduciary responsibilities to both the board and funder.
The organization was using MIP when I arrived and, given my overall satisfaction with the product, I haven't looked into other solutions.
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