Overall Satisfaction with MIP Fund Accounting
We use MIP Fund Accounting for all of our accounting needs. We use it effectively to manage a significant number of contracts, grants, and funds. We heavily use the application and many of the modules including a significant number of imports to automate our operations. We also use the tool to produce many of our financial statements for our board and internal managers.
- Segregates funds
- Manages grants on different time periods
- The reporting function allows you to easily isolate specific data
- The Encumbrance module has some issues that I have never seen to be resolved
- The Full AR Billing Module is a bit cumbersome in the user interface to invoicing
- As MIP has been utilized more effectively over time, we have reduced costs and efficiency in the accounting department, as well as total FTEs in the finance area.
- MIP has allowed us to track and identify many items which has made our audit process more efficient, timely, and clean.
We evaluated Intacct Accounting software but were not impressed with its capabilities when taking into consideration the increased cost over MIP.
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