Incredible Reporting.
October 04, 2016

Incredible Reporting.

LaShawna Simonsen | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Abila MIP Fund Accounting

Our organization uses MIP to manage multiple grant funding sources in multiple locations. The best part of MIP is the reporting flexibility. The reports allow me to look at the financials from many perspectives and make decisions on good facts. I also like that you can specify date ranges for looking at information and set so many levels of detail.

Pros

  • MIP reporting allows for many levels of detail, from including funding, gl, taxonomy, location, or just looking at location, or by gl, or by taxonomy. It allows you to look at reports from many perspectives. Its a strength for management to have usable information.
  • I like the way you can change the dates specific types of entries are allowed. Its a strength as you are closing grants and years so that you know something you reconciled will not suddenly change. You can go back and make it available again if needed.
  • I really like the Session Manager feature. To be able to completely reverse a session is so quick and easy. But there is still the audit trail. Has saved an enormous amount of data entry when trying to correct a misposting.

Cons

  • I wish it was a little simpler to reverse a single invoice during the AP void check process.
  • In the payroll system improved reporting, being able to pull information from both the employee profile and the payroll system would be appreciated.
  • The ability to hide discontinued vendors from selection lists. As well as some way to improve vendor id conventions.
  • It is positive when I can create reports that are easily utilized month after month for grant reporting. Each of our grants requires a little different format of data and MIP allows me to customize reports to easily pull information I need to satisfy grantors.
The ability to set up so much diversity with funds and taxonomies and locations allows us to create so many useful levels of data and reporting.
Reports can be set up to pull information specific to the grantors and you are able to save multiple reports so that you aren't having to recreate the wheel each time.
I was not here when MIP was implemented. However having worked with several accounting software prior, the reporting is the single feature that makes MIP stand out above the rest. The reporting takes a little getting used to especially since other software I used had just canned reports. But it is easier than others. I have worked with one accounting software where you had to attend a 4 day class to learn how to create financial reports. I used QuickBooks for one grant in my past. I found it awkward and clunky to create the levels of information I need, where as with MIP much of it feels intuitive.
It is perfect for non-profit fund and grant accounting. To have the flexibility with the GL Account segments is fabulous. MIP is perfect for companies with many different departments or functions or grants. It would be less appropriate in a small business setting where things are straight forward.

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