Local Non-Profit gets their needs accomplished
November 04, 2020

Local Non-Profit gets their needs accomplished

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

Overall Satisfaction with MIP Fund Accounting (formerly Abila MIP)

Our Finance department uses MIP Abila to account for the entire organization's finances. We rely on accurate accounting and reporting to meet the obligations of our grants. MIP gives us all the tools we need to keep our books up to date on a timely basis and customize reports to our needs.

Pros

  • Reporting -- Customizable, exportable (pdf and excel)
  • Journal Entries -- Supports journal entry imports with some tweaking
  • Budgeting -- Budget module is very simple to use
  • User Interface -- Easy to pick up for anyone who has used Greatplains
  • Customizable Modules to match only what the organization needs

Cons

  • Drill-down functionality is not consistent across all reporting
  • Recurring entry module lacks easy ways to customize multiple entries at once
  • MIP has all the professional standards and controls necessary for a proper organization.

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?

Yes

Did implementation of MIP Fund Accounting go as expected?

Yes

Would you buy MIP Fund Accounting again?

Yes

Our firm transferred from Quickbooks to Abila, and the transition was quite painless. Abila has continued to support us where possible. The system's features and modules are customizable, so one using it should be aware of what they do/do not have rights to.
The interface is similar to me as Greatplains. I was able to pick up most of the functionality with minimal instruction. Users should still review the included help manual, both to avoid pitfalls that aren't obvious, and to learn ways to optimize their processes.
It lacks the GUI friendliness of SAP or ease of entry of Quickbooks, but of course Quickbooks is not sufficient for a professional firm. Non-profits have very demanding reporting requirements to meet their monthly invoicing and are always under the risk of multiple audits from multiple agencies, so having good reporting and tracking systems like MIP offers are necessary.
MIP is good for an organization that has special customized reporting needs and has a volume of invoices / deposits that can be manually entered, rather than needing to process hundreds or thousands of items weekly.

There is a function for recurring entries to allow repeated mass invoicing or journal entries, but entries still need to be tweaked and modified manually.

MIP Fund Accounting Feature Ratings

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