MIP Fund Accounting is worth it.
November 28, 2024

MIP Fund Accounting is worth it.

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

Software Version

MIP Cloud

Overall Satisfaction with MIP Fund Accounting

We use MIP to manage ticket sales for our Performing Arts Department, fundraising for our Development Department, tuition payments for our Enrollment Department, and general fundraising for our Parent Group. This software allows us to create forms, collect fees, and track donations daily. The Transaction reports allow us to reconcile easily with our Business Office.

Pros

  • Tracking sales and settlements.
  • Allowing us the opportunity to save credit card information for future purchases.
  • Producing detailed receipts for our customers.

Cons

  • The functionality of the forms could use some work. Although it is easy to use, it is fundamental.
  • I wish you could customize the Transaction Reports to include (or not) information as needed.
  • The low processing fees are appreciated and have helped keep our operation costs low.
The only real reporting I use is the Transaction Reports which details all transactions based on date, time, customer, and form type.
MIP Fund Accounting is inexpensive and easy enough to use.
We have looked into other programs such as Classy and GiveGab/Greater Giving. While the customization on the forms for those alternatives are better, the prices for those programs are just too high.

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 Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.

Using MIP Fund Accounting

3 - Our Development Office, Business Office, and Parent Association all use MIP Fund Accounting.
  • Annual Fundraising
  • Parent Association Memeberships and Fundraisers
  • Ticket Sales for Performing Arts
  • Poinsettia Sales and Valentines Day Suprise Gifts for Kids
  • Specific fundraising efforts for individual projects or classrooms
3 - The Executive Assistant to the Head of School, the Advancement Services Coordinator, and the Controller in the Business office all use MIP.

Comments

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