Great for small non-profit!
March 28, 2022

Great for small non-profit!

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

Nonprofit Technologies (NPT), legacy product

Overall Satisfaction with MIP Fund Accounting

Budgeting, posting/importing journal entries, approving transactions, reviewing transactions, allocations, and lots of reporting. The reporting is typically custom financial reports, transactions details, trial balances, and some year-end reports. In the Budgeting module, I import and pull reports. My main roles are reporting and budgeting, so most of my activity is in pursuit of those things.

Pros

  • Budget interface is pretty easy to use
  • Training offered is great
  • Helpdesk is responsive

Cons

  • Drill down ability is not where it could be
  • The budget template wizard does not allow a default user set up so you have to click through and make selections on each screen
  • Would like to see more integration of budget and financial reporting (or learn how to see)
  • MIP enables the business to consolidated financial information
  • MIP enables the business to produce reports to management quickly
We only use one Fund so cannot answer this question
I'd renew the use indefinitely. However, if we suddenly received a huge grant or funding to purchase a more expensive product like SAP, I would consider a change.

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

I have a background in using SAP, so I have a lot of experience with that product. While SAP established some of my expectations, that is a much more expensive product that isn't necessarily suited for a smaller business or non-profit. For the smaller, non-profit environment, MIP works quite well. So I would definitely recommend the product for a similar environment.

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