Grant and Membership Funded Nonprofit Member's Review.
April 15, 2019
Grant and Membership Funded Nonprofit Member's Review.
Score 4 out of 10
Vetted Review
Verified User
Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)
We use MIP Fund Accounting as our primary financial management application. We record all company transactions through MIP, complete financial reporting processes including bank reconciliations, vendor payment processing, membership billing (receivables) invoicing, and produce our financials through the use of MIP related reports. It is only used by the fiscal department. It is excellent at addressing the need to produce reports and for tracking a multitude of different grants our nonprofit administers.
- The first thing MIP does particularly well is allocations, it is excellent for slicing and dicing transactions across multiple cost centers for grant or department tracking purposes. We currently break our transactions down into Funds, Regions, Grants and of course GLs. This level of granularity is optimum for our multi-location, multi-grant organization.
- MIP also has excellent security administration. Administrative privileges are detailed enough to effectively administrate appropriate segregation of duties.
- MIP reports are very customizable and we are able to obtain an effective level of transparency by drilling down into whatever level of detail we need to research a particular issue or provide reporting for executives, the board, grant administrators, auditors, etc.
- There are several areas of improvement for Abila MIP. First of all, too much of the software is 'moduled' for additional costs. We want solutions that are comprehensive without additive fees for necessary functionality such as bank recs, payroll, and other modules.
- The membership invoicing is an extreme pain point for us, with a membership base in excess of 6000, processing invoicing can shut down our system if not completed carefully. It would be great if we could also integrate payment processing to be automated between our credit cards and the Abila software.
- A lot of the transaction processing is very onerous, particularly when certain transactions need to be reversed or when we are applying prepayments, this is mostly in the membership invoicing areas, but even needing to move a transaction across cost centers can prove challenging.
- We consider our ROI for MIP to be negligible, we believe there are alternative solutions that would better address our immediate needs, however, we lack staffing capacity to effectively evaluate transitions at this time.
- We have not transitioned to MIP advance due to it being approximately double the cost of our on premise solution.
NP Solutions - We have had some preliminary conversations, nothing of substance.
We have not evaluated alternatives at this time. Given our company operations are heavily reliant on Salesforce, we will be evaluating Salesforce compatible solutions in the future.