Abila MIP fund accounting is a top notch software program - you can't go wrong with MIP!
Updated August 14, 2020

Abila MIP fund accounting is a top notch software program - you can't go wrong with MIP!

Marisa Telge-Masur | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

Currently, MIP is being used by the accounting department for accounting, payroll, budgets, direct deposit and forms creation. We purchased the PO & EReq module but have never used it.

Pros

  • By having the ability to set up the system specifically for your organization, one can customize the software versus having one that treats all companies as a cookie cutter approach.
  • Fund management - tracking income and expenses for each individual grant is a must for our organization. One the other hand, it is helpful to easily merge all the data and generate consolidated information.
  • It is also very easy to create custom reports and having the ability to set up filters to generate specific information.

Cons

  • I would love to see some improvements in the Bank Reconciliation module. For example, being able to select/highlight multiple rows and then click the check mark to select, say, 15 rows. That would be helpful - cutting the time of having to click each row one by one.
  • I would also like to increase font on the overall application. Currently I must manually increase font of certain areas. I would like to automatically increase all font sizes and have them stay within my settings as an ongoing feature.
  • The software has had a positive impact on reporting information to our board of directors and funding sources. I can easily generate reports in a matter of seconds by accessing saved reports or I can easily customize a report to accommodate certain information needed.
Our organization has achieved the benefit of managing multiple funds from multiple sources. Currently we have 28 different funds that we manage, with a few more coming down the pike. To date, we've had 118 different funds tracked within our system. Another benefit is having access to customer support. MIP support team is easy to access whether online through the knowledge base, through the system's help feature, or by calling and talking to support staff. MIP makes it easy to access information - if you aren't sure how to do something it is easy to find out how.
When our company first started, we used QuickBooks Pro. I felt it worked fine for the organization when we had just one funding stream. As the organization grew, we decided to move to MIP but I was hesitant as it was new to me, more detailed transactions and overall a more advanced software. However, after using MIP, I would never go back! The ability to track funds separately is a huge benefit to non-profit organizations. Should a funding source representative make a surprise visit, I can run a custom report for that grant at the drop of a dime.
MIP Fund Accounting is a true accounting software - you need to know the offset accounts for transactions. It is not like another program where you simply "write a check" and then the software prepares the entries behind the scenes. By having a software that is at a higher level, it teaches individuals to learn more in accounting, instead of having the software do it for you. I also like that you cannot simply go in and "delete" a transaction like you can with other software systems.

MIP Fund Accounting Feature Ratings

Support from Community Brands

We have used MIP Fund Accounting since 2002. Tedious set-up in the beginning as we ran a dual system for one year during the conversion, but once we transitioned, it has been great.
I highly value the Gold Support we purchased as an add-on. We can email tech support and receive a response within minutes. Definitely worth the price!
Both direct staff assigned to our company for Gold Support have been fantastic.
Originally we were on-premise but moved to Cloud based as we do not have IT on staff -moving to Cloud based has been the best decision.

Comments

  • Carolyn White | TrustRadius Reviewer
    Thank you Marisa for sharing your insights and feedback!

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