Abila MIP meets my needs!
Updated May 30, 2023

Abila MIP meets my needs!

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

Overall Satisfaction with MIP Fund Accounting

Abilia is currently being used by the business department for all accounting needs. It helps organize grants and allows us the ability to process transactions, run financials, and all other accounting and finance functions. We use fund accounting, and Abilia is great for keeping all of our funds and funding sources separated.

Pros

  • Running Reports, it is simple and easy to run historic documents.
  • Fixed Assets, the module is very easy to use and keep track of assets.
  • Composition, all modules being in one place is a great feature.
  • Integrating with 3rd party applications

Cons

  • Being able to highlight, copy, and paste straight out of MIP. Not being able to do this is frustrating.
  • HR being in a different module, should be all together in my opinion.
  • Importing function could be a little quicker.
  • Modern UI functionality could be improved
  • Saved time and effort.
  • Allows for better segregation of funding sources.
  • Allows for better cash management.
Reporting is seamless and adaptable to meet whatever needs may arise. Great for federal and state funding reporting requirements.
I have been using it for 14 years and it has worked out well.
I have not used any other alternatives to MIP. I did not choose the MIP software, it was chosen by my company.

Do you think MIP Fund Accounting delivers good value for the price?

Yes

Are you happy with MIP Fund Accounting's feature set?

Yes

Did MIP Fund Accounting live up to sales and marketing promises?

Yes

Did implementation of MIP Fund Accounting go as expected?

Yes

Would you buy MIP Fund Accounting again?

Yes

Based on what I remember from our old software, MIP has been a huge upgrade and saves an immense amount of time. The company I work for uses fund accounting. We have different databases all of which are accessible through the main sign in screen. This saves an incredible amount of time when reporting.

MIP Fund Accounting Feature Ratings

Support from Community Brands

I do not deal with Community Brands very often. We have a 3rd party support company I would use before calling them.

Using MIP Fund Accounting

1 - Knowledge and experience using the software and knowing the ins and outs.
  • Accounting
  • Reporting
  • Adaptable to fit needs
  • Working with 3rd party software integrated to sync with MIP for AP.
  • Graph style P&L reporting when Modern UI is updated.
2 - All accounting functions besides payroll and HR.

Evaluating MIP Fund Accounting and Competitors

  • Cloud Solutions
  • Scalability
  • Integration with Other Systems
  • Ease of Use
Scalability, it is extremely important to remain accurate and efficient no matter how large the company gets.
I would check other similar software options and look at pricing comparatively.

MIP Fund Accounting Implementation

Have a knowledgeable team doing the implementation,
  • Third-party professional services
Avid Xchange.
Yes - Broken into steps to ensure all necessary rights and sync to MIP is done correctly.
Change management was a minor issue with the implementation - We have the same process, just changing from physical invoices to remote and digital.
  • Defining parameters

MIP Fund Accounting Training

  • No Training
No, I had training at a previous company. I would not recommend not having an in-depth training.

Configuring MIP Fund Accounting

It is perfect, very expansive segment creation options.
Talk to someone who has done the initial configuration in a similar style of organization. My needs may not be the same as others.
Some - we have added small pieces of custom code - I added several segments to allow me to better filter while running reports. It was just a matter of working with our 3rd party provider to include them in the database design.
No - we have not done any customization to the interface
No.

MIP Fund Accounting Support

ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Kept well informed
Support cares about my success
Escalation required
Need to explain problems multiple times
No, because I have a lot of troubleshooting experience with the system.
Yes - There was a patch last year that affected the AP check numbers. Many had the same issue, and it was resolved the following week.
Most of the time support is helpful, but some times the ticket has to be elevated.

Using MIP Fund Accounting

  • Overall system use
  • Reporting
  • Initial report set up
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Quick to learn
Convenient
Feel confident using
Lots to learn
For the most part, it is easy to use. There are some technical aspects, but mostly for higher level users.

MIP Fund Accounting Reliability

Scalability is infinite with the proper hierarchy of account segments.
MIP will typically only do updates on off hours, such as a weekend extremely early in the morning. Very rare to not have access to MIP.

Integrating MIP Fund Accounting

So far the implementation has been efficient.
  • Avid Xchange
Currently in the process of integrating.
  • Avid Xchange
Yes.
  • File import/export
  • API (e.g. SOAP or REST)
Make sure the support team for software integration is very knowledgeable in MIP.

Relationship with Community Brands

Came into the company with MIP already active, I did not deal with the sales team.
Did not work with sales vendor.
I did not negotiate the terms since the company already had MIP when I came on board.
Not applicable.

Upgrading MIP Fund Accounting

Comments

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