MIP is a customizable and sensible tool for your financial needs.
Updated August 11, 2020

MIP is a customizable and sensible tool for your financial needs.

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

We use MIP in our Finance and Accounting Dept only. We are a non-profit but we are an FQHC so we provide medical care and dental care at our facilities and MIP is not functional across our entire organization.

Pros

  • MIP has the ability to be customized to your specific GL needs.
  • MIP has grant tracking abilities.
  • MIP lets you have record retention right at your fingertips.

Cons

  • Bank rec is not a user-friendly operation, it lacks the ability for ease of use and clarity.
  • MIP needs a better platform for credit card statements and reconciliation. Right now, we have to manipulate the system so we can have these accessible.
  • Reporting tool needs to be upgraded. It isn't user-friendly and requires lots of training and trial and error.
  • We switched from Cougar Mountain to MIP and it has helped with our grant tracking and department expenses.
  • Reports were easier to use in Cougar and more standard to our needs.
  • The training process was very extensive with MIP and our training person was not a very good "trainer," she just showed us where to go but didn't give the logic behind it or give real-life examples.
MIP was referred to us by CHCA as this is what other FQHCs in the area and in our state use.
I can see where MIP would be a great tool for retail or operations that use a complicated GL string. If MIP would talk to other medical software it would make our lives a lot easier and would eliminate the need for double entry.

MIP Fund Accounting Feature Ratings

Support from Community Brands

There was a time when we had some turn over in our department and we needed help with getting the updated forms for the 1099 misc form vendors. We only had til the end of January and we needed this information very quickly. I remember the support team walking me through the process and even doing a remote screen so they could see what the issue was. We needed an upgrade and he walked us through the process step by step. It took sometime due to our servers and internet speed at that time but he was very patient and stayed with me the whole time.

Using MIP Fund Accounting (formerly Abila MIP)

4 - Currently we have our Finance team accessing MIP which includes the CFO, the Controller and the Accounting Coordinators. The Controller and the lead are the ones that have had the most training and most knowledge on the platform and usually make the reports and imports requested by the CFO as needed.
  • Grant Tracking
  • Bank Reconciliation
  • Financial Audit
  • Using Bank reconciliation for American Express credit card statements
  • Possible Budget Funding with extensive Funds to include our grants
It would be a lot of work to switch to a different software and this one is doing the job but would like to see an upgraded platform soon
4 - Finance and Accounting. The CFO, the Controller, Payroll, Accounting Coordinator

Comments

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