Abila Review
September 09, 2016
Abila Review
Score 6 out of 10
Vetted Review
Verified User
Overall Satisfaction with Abila MIP Fund Accounting
HDF uses MIP in the cloud to have the ability to work remotely. We brought the accounting/finance functions in house from an outside servicing company.
We are a CDFI - a hybrid bank for low-moderate financing to assist first time homebuyers. We have to use many Excel spreadsheets and outside systems for lending related activity to augment accounting records....making it an expensive system for us.
- Cloud based/multiple user environment
- Tracking of recurring entries
- Would like to ability to model an entry prior to posting
- Easier download to Excel
- Better budgeting module...especially balance sheet
- Negative on budget...it is very expensive for our not-for-profit
- Difficult reporting for our needs.
This does allow us to track sources of funds and grants.
We are actively seeking less expensive, more flexible alternative.