MIP is great!!!
October 18, 2016

MIP is great!!!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Abila MIP Fund Accounting

Currently the accounting department uses MIP to manage its $20 million dollar budget of federal and state grants. We have used it for 17 years. We integrate payroll, encumbrances, budget, and bank reconciliation with the general ledger. We use a 6 segment coding system which allows us to report financial information in many different ways for management and external funders.
  • I like the payroll module for complete integration with General Ledger and Bank Rec.
  • I use customized reports to design budgets vs. actual for funding sources by category.
  • I use the encumbrance module to track obligations for the organization. 70% of our business is subcontract and training vouchers. This feature helps me manage real-time budget balances.
  • We don't have any recommendation for improvement.
  • I have used MIP for so long I haven't had a reason to look at ROI.
Yes, we definitely have benefited from MIP for managing multiple funds. Not sure how I would do without it.
We pretty much manage MIP independently from the developer and third party reseller.
As I indicated before, I made the purchase 17 years ago. We converted from DOS version of Orion. MIP won hands down.
I think MIP is well suited for any non-profit organization that is required to do fund accounting. Its structure allows tracking by funding source and also agency-wide reporting.

MIP Fund Accounting Feature Ratings