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Highly recommend
June 05, 2021

Highly recommend

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

Software Version

Nonprofit Technologies (NPT), legacy product

Overall Satisfaction with MIP Fund Accounting

We use all general ledger functions, AP, and grants management. It is used by fiscal department only, with view rights by CEO.
  • Versatile and flexible reporting
  • Ability to track and report by segment
  • AP integrates well with GL
  • It's not clear to a new user the sequence of AP (reports to be run) We created an internal checklist.
  • We have recently had issues with allocation calculations picking up prior month transactions that have already been processed, causing inaccurate calculation.
  • For voided checks, I would like to see an option to void and not reissue. (due to wrong vendor or entry error) We don't do this very often, but the only way I've found to eliminate the void is with an AP credit.
  • Better accuracy in grant management (tracking transition to new grant).
  • Reduced staff time for allocation process.
  • Custom reports are helpful at audit time to create SEFA and other required documents.

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

I am really happy with the user webinars offered, also with support when we have a problem. I feel like the training offered is top notch.
It works well for what we do. We have developed internal checklists for most functions, to ensure we don't miss creating an essential unposted transaction report.
MIP Fund Accounting was highly recommended by our funding source, as other Workforce Development councils (10 out of 12) in our state used it. We did get other bids for procurement purposes, but MIP was the clear choice for us.
LinkedIn Learning (Lynda.com), Microsoft 365 (formerly Office 365)
We have a fairly complex cost allocation process and MIP Fund Accounting works well to reduce the staff time needed. The ability to create customized reports is a big plus, especially for board requests and detailed reports by fund or grant or division.

MIP Fund Accounting Feature Ratings