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MIP is fine by me or Abila: use the knowledge base I am not even joking
February 04, 2021

MIP is fine by me or Abila: use the knowledge base I am not even joking

Tim Warren | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting

We use MIP in our accounting department, for budgeting, purchase orders, accounts payable, and cash receipts. It allows us to effectively track our monthly expenses through the customizable reports we are able to generate. There are also features in MIP that have helped us strengthen our audit compliance.
  • MIP offers a lot of free training webinars that are always informative and interesting.
  • The custom column creation helps to creative very specific report details.
  • There are some great features that are only available on the cloud and it would be great if in house users had those features.
  • It has not adversely impacted our ROI, we have been using MIP for over a decade.

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?

I wasn't involved with the selection/purchase process

Did implementation of MIP Fund Accounting go as expected?

I wasn't involved with the implementation phase

Would you buy MIP Fund Accounting again?

Yes

The knowledge base has so many helpful articles (I even found one about why I couldn't access a report feature and it was due to it being on my secondary monitor). A great deal of information is available to look for answers for yourself. They do have a live support staff too that are always friendly and knowledgeable. Any issues I have ever encountered they were able to easily help resolve.
It is a pretty easy software to learn and retain the knowledge of how to use. We are a work program school, and as such have student workers that we train each semester and the students are able to quickly learn to use the system. Even with several months of not using the software the students are able to pick it back up quickly with little to no refreshers.
Like with any new software, there is a learning curve for new users, but the resources available make it so easy to gain a working knowledge of the system and its abilities. The ability to do reversals to entries appending the correction to the original transaction instead of having an unrelated journal voucher to correct an issue, is such a great feature and the knowledge of this ability has helped us reduce the number of JVs we do.

MIP Fund Accounting Feature Ratings