MIP Fund Accounting review
August 03, 2021
MIP Fund Accounting review
Score 6 out of 10
Nonprofit Technologies (NPT), legacy product
Overall Satisfaction with MIP Fund Accounting
The accountants in our organization use MIP to manage our accounting data, cut payables, and import donations. We use it for our monthly bank reconciliations. In our organization, our accounting managers are the only users of MIP. There are two of us, but I am part-time entering retirement so the other accounting manager uses it the most.
- MIP provides reports that are easy to adapt to current needs.
- MIP is good with multiple funds and departments.
- There are date and GL combination settings that ensure incorrect data is not going to a place that it shouldn't.
- The navigation is difficult. It takes me longer to find things than it should.
- It lacks the ability to have multiple tabs open simultaneously.
- The new online system took away the drill-down option and the ability to add new vendors while cutting payables.
- MIP Advance allows us to access MIP from any device, from anywhere. Previously we had limited access to MIP. Now we can do JVs at any time. It makes working from home possible too.
- The availability to easily switch between company accounts with the single log in helps us make sure payables are in the right company account and allows the member of our team that does work for both organizations to save time.
Do you think MIP Fund Accounting delivers good value for the price?
Are you happy with MIP Fund Accounting's feature set?
Did MIP Fund Accounting live up to sales and marketing promises?
Did implementation of MIP Fund Accounting go as expected?
Would you buy MIP Fund Accounting again?
The online version has an even more extensive help resource collection. The on-site version had a very specific manual that helps solve the issues ourselves. Abila has an online library with blogs and manuals. I have not spoken to anyone for MIP support but their site has an option to live chat.
Navigation is the biggest issue. The on-site MIP had multiple routes to get to the same place. It allowed multiple tabs to be open simultaneously. A trial balance report could be open and there was an option to drill down right there instead of exiting the report and opening the GL. Similarly, when doing payables, the yellow truck button which allowed vendor additions and edits did not make it to the new version. To do these things, you have to save and exit the payable batch and go to a new screen.
MIP is good for organizations that break down data by multiple funds or departments. When looking at the GL report, it is easy to change the report to give the overall data for the GL line or dive into the detail by account or fund. MIP is good for organizations using multiple cash accounts. Since the AP line is connected to a specific cash account, it is accurate when using multiple cash accounts for payables. As long as the person loads the correct checks for the specific bank account, MIP puts it in the right place in the software.