TrustRadius
Simple but effective
https://www.trustradius.com/accountingMIP Fund Accounting (formerly Abila MIP)Unspecified8.1618101
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March 21, 2019

Simple but effective

Score 9 out of 101
Vetted Review
Verified User
Review Source

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

My company has been using Abila MIP since 2008. It is being used by the Finance department only. We do all the journal entries in MIP, import invoices from our AP software, import our depreciation from the FA software, run financial statements and general reports through the MIP software.
  • Run comparative financial statements (budget versus actual).
  • The ability to drill into report lines to find out more details about the entries.
  • Automate the recurrent transactions and reduce manual entries.
  • Customize reports.
  • Integration with other software.
  • The ability to reverse posted transactions.
  • More user-friendly.
  • Accurate financial reporting.
  • Successful integration with other software.
  • Same basic principles, easy to be trained by experienced users.
Abila MIP was the software of choice due to its reporting capabilities and easy to learn structure. We looked at other alternatives that were more user-friendly but none of them came close to the performance of Abila MIP. We are happy with the way Abila works for our non-profit organization.
I would recommend this software for advanced accounting users. It would be less appropriate for inexperienced clerks. Also, I found a lot of useful tips and tricks during the live training that I would have otherwise missed. It is a great reporting tool, with the ability to isolate some classes of assets and generate different report scenarios.

MIP Fund Accounting Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
8
Expense management
8
Self-service portal
Not Rated
Standard reports
10
Custom reports
10
Plug-ins
8
Role-based user permissions
9
Single sign-on capability
9