MIP Fund Accounting - User Friendly and Great Product
May 23, 2022

MIP Fund Accounting - User Friendly and Great Product

Megan Adcock | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Software Version

Nonprofit Technologies (NPT), legacy product

Overall Satisfaction with MIP Fund Accounting

We use MIP Fund Accounting for Accounting and Payroll. We have used this system since the 1990s. MIP Fund Accounting works great for us for non-profit accounting. We have approximately 10 - 15 grants and can use the system to track expenditures, employee time, and costs allocated to the appropriate grants. MIP Fund Accounting handles budgets operating on different grant periods and the product is easy to use with some initial training.
  • Cost allocate among multiple grants
  • Time and Attendance reporting for multiple grants
  • Accounts Payable
  • Payroll
  • Credit Card Bills and reconciliation
  • Ability to run reports on distribution codes, which get changed frequently
  • HR Manager system - not a lot of training available to learn the system
  • Time saved with automated accounting processes
  • Time saved with using HR Manager
If you have the system set up correctly, the reports work really well. Once you have a report set up for one grant, you can use this report for other grants by copying it and renaming it, and changing the fields for the new grant.
MIP Fund Accounting works well for our accounting department.

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

MIP's payroll function is user-friendly and easy to use. MIP Fund Accounting support is easy to reach and they are helpful.

Support from Community Brands

The Knowledge Base is helpful and the Community Brands MIP Fund Accounting Discussion group is a great place to learn from others who are using the system. I've learned more from discussion group and I try to participate and help others with questions they have.
Every time we call, we get great support.
We use MIP on-premise. I don't see us transitioning to the cloud. The ability to restore the back-up at any time for the on-premise comes in really handy. Most of the time, the back-up is restored when payroll is being processed. Staff click a wrong button or put in a wrong date and instead of reversing what was done, we restore the back-up.

Evaluating MIP Fund Accounting and Competitors

  • Price
  • Product Features
  • Product Usability
Features