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I love using MIP Fund Accounting
Updated June 03, 2022

I love using MIP Fund Accounting

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

Software Version

Other

Overall Satisfaction with MIP Fund Accounting

I use it to enter various transactions and reports. The A/P Module is the one I use the most. Using MIP Fund Accounting to do check runs is very convenient for me. I also love the layout: The drop-down menus, the road map/flow chart, and the modules on the left side make MIP Fund Accounting user-friendly. I also like the options for reporting and charts. The charts make our finances easier to understand. This is some of the best software I've ever used! When I come to work, MIP Fund Accounting is the FIRST program I open. I ALWAYS look forward to using MIP Fund Accounting. Every time I use it, I feel like I'm being spoiled!
  • Being able to access Entering Invoices from the menus and modules.
  • Having the related tasks in the gray boxes and in different modules.
  • Having the road map set up in sequence so you know what to do next, so no guessing.
  • The Process Manager Window for reports.
  • Maybe the choice to enlarge the font and icons, but it's no big deal.
  • It saves time with automated accounting processes
Generating reports is easy with MIP Fund Accounting. The reports are easy to read. I have no problems with it. They're one of my favorite parts of MIP Fund Accounting.
I'm currently using it and plan to keep using it.
I've also used AS400. I like all 3 programs, but MIP Fund Accounting is the first fund accounting program I've used and I love it. I've seen other FA software, but they don't compare to MIP Fund Accounting.

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?

Yes

Would you buy MIP Fund Accounting again?

Yes

I can't think of any scenario where MIP Fund Accounting would not be suited.

Support from Community Brands

Implementation of the product seemed easy enough. It was already in use before my first day. I've haven't had any problems using it. Neither has anyone else that I know of. System documents & modules are configured to our company's specific needs.
I've used View Help, the Customer Community, MIP Website and What's New for various updates, tips, and resources. I've learned things that I wasn't taught initially. It helped me get a better understanding of my position at the company and nonprofit accounting in general.
The closest I can think of is while looking around in the software, I discovered the we have the ability to make graphs with our reports that are already built into the software. We don't need to use Excel unless we want to make additional updates to already existing data. Community Brands doesn't assume that we all want to use Excel initially, but gives us the option to use MIP instead. That's exceptional support to me!
We use MIP Fund Accounting on-premise. The flexibility of it helps us with everyday transactions & activities. I feel it gives me a better understanding of nonprofit accounting. It helps me to understand what I've learned in college.

Using MIP Fund Accounting

5 - There's me and another employee. We're Accounting Specialists. There's an Accountant, an Accounting Manager, and the CFO.
  • Accounts Payable
  • Report Manager
  • Accounting Setup
  • Correcting mistakes in A/P before I can continue
  • Charts created with reports
  • None that I can think of. I don't how MIP Fund Accounting could be any better.
5 - Accounting Specialist-2 including me Accountant-1 Accounting Manager-1 CFO-1

Evaluating MIP Fund Accounting and Competitors

  • Price
  • Product Features
  • Product Usability
  • Product Reputation
  • Prior Experience with the Product
As far as I know, my company has always used MIP Fund Accounting Onsite. Just upgraded versions of it. It's the only software I know of that's been consistent here.
I can't think of any changes that need to be made.

MIP Fund Accounting Implementation

MIP Fund Accounting Training

  • Online Training
  • In-Person Training
My coworkers and manager trained me on MIP Fund Accounting. I got needed repetition on top of taking notes and the Help Menu options to enhance that. I need face-to-face interaction as I learn new software.
I need both online and in person interaction for training. It helps me to understand the material better.

Configuring MIP Fund Accounting

MIP Fund Accounting Support

ProsCons
Quick Resolution
Knowledgeable team
Kept well informed
Immediate help available
Support cares about my success
Poor followup
Problems left unsolved
Escalation required
Need to explain problems multiple times
Slow Initial Response
I don't think we've purchased premium support. It was never addressed.
The support I need is already in MIP. I can reach out further if I need to.

Using MIP Fund Accounting

  • Drop-Down Menus
  • Modules
  • Reports with Built-In Chart Creation
  • The Roadmap/Pathway for Steps to be Completed
  • Icons
  • None that I can think of.
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Well integrated
Consistent
Convenient
Feel confident using
Familiar
None
Because of the layout of the software and how everything is explained. I seem to get better at my job and have a better understanding of nonprofit accounting the more I use it.

MIP Fund Accounting Reliability

Integrating MIP Fund Accounting

The layout of the software and the training I received from MIP and my coworkers.
  • Microsoft Office
  • Adobe Acrobat
  • Google Chrome
  • Microsoft Edge
  • UKG
  • No
Yes.
  • File import/export
None

Relationship with Community Brands

Upgrading MIP Fund Accounting

Yes - Yes
  • Make doing my job faster and easier.
  • More ease, speed and accuracy in doing my job.
  • Better understanding of nonprofit accounting.