Trusty MIP
Updated August 12, 2020
Trusty MIP
Score 9 out of 10
Vetted Review
Verified User
Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)
MIP is our day to day accounting software. We use the general ledger, bank reconciliation, AP, AR and budget modules. It handles invoicing and all day to day activities. We process checks, reconcile bank statements and prepare budgets using it.
Pros
- Check run processing
- 1099 Vendor management
- Routine Financials
Cons
- Cash Flow Projecting
- Forecasting for future years or current year
- Easier budget preparation and input
- This software works very well for a one person accounting department. Handles daily routine transactions very well.
- To interface the donor software, the donor person must understand some accounting.
- Bank reconciliation module works very well.
- Budget module is not easy. I have never been able to use it.
We have tried QuickBooks and One-Write. We reviewed blackbaud also. MIP is less costly than the BlackBaud software and just as efficient.
MIP Fund Accounting Feature Ratings
Support from Community Brands
We got exceptional support when we had the dedicated consultant, Pam Kennemore, under Sage. Now, we are just a number is the cue for help with our particular issue at the time. It's a great software, so there are not many issues. However, when an issue arises, I feel that we are just a number in the cue, then on to the next issue. There is no personal feeling of belonging to a group, as when the software was owned by MIP. There are no free user group networking for discussions and helpful tips. There no annual user workshops. Now, just pay your renewal and buy more modules.
Using MIP Fund Accounting (formerly Abila MIP)
3 - Finance Manager - MBA in Finance - MIP software
Accounting Assistant - BS in Accounting - both donor and MIP software
Executive Assistant - High School diploma - Donor Software
No others use the software. Small staff
Accounting Assistant - BS in Accounting - both donor and MIP software
Executive Assistant - High School diploma - Donor Software
No others use the software. Small staff
- General Ledger
- Accounts Payable
- Donor Platform
- Budget
- Develop our own way to remote in versus buying cloud software
- Use an outside payroll company -sine we are only 6 employees
- Use of the 1099 outside service
- We purchased the budget module, but do not use it-it's was too complicated
- The payroll module is too costly for a small organization
3 - Finance, accounting, receivables, payables, budget, donor platform, investments
Evaluating MIP Fund Accounting and Competitors
Yes - Onewrite software was used. We out grew Onewrite. We looked at Black Baud and Quickbooks for non profits
- Price
- Product Features
- Product Reputation
Auditability and cost were important factors. Also transparency
No, great software
MIP Fund Accounting Support
| Pros | Cons |
|---|---|
Quick Resolution Good followup Knowledgeable team Problems get solved No escalation required | Not kept informed Difficult to get immediate help Need to explain problems multiple times Slow Initial Response |
No - We contract with an IT professional. We don't feel that we need the premium support. It's not needed. great software product
Using MIP Fund Accounting
- Creating or editing reports
- Account payable checks
- Invoicing
- budget revisions
- initial budgets
| Pros | Cons |
|---|---|
Like to use Relatively simple Easy to use Well integrated Consistent Convenient Feel confident using | Slow to learn Lots to learn |
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