MIP Fund Accounting Software Review
March 26, 2022
MIP Fund Accounting Software Review

Score 9 out of 10
Vetted Review
Verified User
Software Version
Other
Overall Satisfaction with MIP Fund Accounting
We use MIP for our GL, AR, AP, and Depreciation. Our past software had been used for over two decades and while easy to use, it was limited in how we could pull data from the system to use. MIP is a true fund accounting software. The reporting features are wonderful and fully customizable. Further, the data can be pulled directly into Excel for further analysis. I have not used MIP Fund Accounting very long, however, it is easy to pick up. Like any new software, I recommend taking advantage of the training that is offered. After completing the training the software becomes very intuitive and easy to use.
Pros
- Developing reports with the data you need in a useful format.
- Drill down features
- Easy to follow step progression for AP and AR clerks to follow
- Help menu's are very helpful and easy to find what you need
Cons
- Report Manager from the left side menus is cumbersome to navigate
- Reduced time reinputting report data into Excel for manipulation.
- Budgeting is still time-consuming because the format is very different from what we had done in the past. Once the process is streamlined internally it should be ok.
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?
No
Would you buy MIP Fund Accounting again?
Yes
Comments
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