Looking for a user friendly software? Go with MIP
Updated May 01, 2025
Looking for a user friendly software? Go with MIP
Score 9 out of 10
Vetted Review
Verified User
Software Version
Other
Overall Satisfaction with MIP Fund Accounting
We use MIP Fund Accounting to track more than 1,500 organizations by using the fund, source, group, and program code. MIP Fund Accounting is very good at tracking all these organizations; however, due to access, the 1,500 organizations can't access this software to track the financial number. Our side has to do an additional uploading [of] the BDs, CRs, APs, and any JVs numbers to our other software platform [so] that these organizations can see the ins and outs on their financial number.
Pros
- Check signature(s), very easy to input the check signature(s) and have a rule on the signer.
- GL report, it can be very detail[ed] by using the content to add the details you want. The report can be [of] the whole of the organization or filter[ed] down to the level you want.
- Import and Export, MIP did very well in that you can import any accounting related transactions.
Cons
- Wish MIP had a better guideline on creating the statement of revenue template or financial statement format.
- Since MIP has the import function, it saves us so much time on data entry. Time is money.
MIP Fund Accounting and Blackbaud Financial Edge are similar accounting software. Both accounting packages design for the non-profits. However, somehow MIP is much easier to use.
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
MIP Fund Accounting Feature Ratings
Using MIP Fund Accounting
3 - The people support MIP Fund Accounting is the team of the IT department. The IT department has lots of skills/knowledge of computer operating systems, hardware and software. Also, knowledge of engineering science and technology.
- Accounting Payable
- EFT/ACH
- Upload and download file to the product
- Streamlining Month-End Close
- Improving Record-Keeping
- Regular Reconciliation
- Robotic Process Automation
- Artificial Intelligence
- Automating Repetitive Tasks
15 - Accounting is a vital function that involves recording, summarizing, and reporting financial transactions. Its supports various program operations including financial reporting, budgeting, expense management, and regulatory compliance.
Evaluating MIP Fund Accounting and Competitors
- Scalability
- Integration with Other Systems
- Ease of Use
MIP is the Fund Accounting that is able offer the solution to our nonprofit organizations. It's strength lies in its ability to manage complex of the 1500 organizations that track multiple funding sources and generate compliant reports.
If the process of the IT department, we would select the cloud version instead of the production.
MIP Fund Accounting Support
Using MIP Fund Accounting
Integrating MIP Fund Accounting
- Anthology (CalLink) system
Due to the IT security issues, we can't link the two system together. The work around is that we export and import the file from MIP vs CalLink system.
- None
N/A.
- File import/export
All over is a good product. Wish future can add more automatic functions to the software.
Comments
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