MIP Fund Accounting Software Reviews

Pros

Although MIP has all the necessary features, there are additional functionalities like payroll that come with an extra cost.

Cons

The software is not up to date. I like the layout, but I can see room for improvement to make workflow and journal entries easier and faster.

Pros

When we hosted the software on premises, it worked perfectly for us.

Cons

Our organization was forced to migrate to the cloud due to lagging functionality and updates in the on-premises software, which led to more bugs. However, the migration process was quite tedious, and we were unexpectedly charged over $550 for a "modern overview" that I would have waived if the charges were transparent. The client services failed to provide adequate support, and I cannot recommend MIP cloud.

Pros

MIP is an excellent fund accounting software that has proven highly valuable for our organization. It simplifies the task of keeping everything organized and in order.

Cons

I sometimes experience glitches in the system, and it's challenging to find tutorials for learning new features in the software.

Pros

The recent release of the online version of the software has greatly improved its appearance.

Cons

MIP Fund software is difficult to use, and the interface lacks intuitiveness. Reporting and queries are not user-friendly. I strongly recommend transitioning to an online platform as soon as possible.

Pros

I must admit that the software lacks user-friendliness, and the training process has been a nightmare. The company keeps changing trainers, leaving clients disconnected and unaware of what's happening. So for now I am not happy with this software and have nothing to mention that I like about it.

Cons

The technology aspect of the software is not easy to understand, and the modular build-up doesn't facilitate report generation.

Pros

The system is fantastic when it's on premises, but once you transition to the cloud, they start charging for every little change. For instance, after moving to the cloud, adding a new segment and modifying history cost us over $7K, whereas before, a SQL engineer would do it for $1K.

Cons

The customer support costs are high for any changes made.

Pros

This software program is solid and offers the option to add modules based on organizational needs. We use it to monitor several departments.

Cons

I think that reporting functionality could be updated to enhance ease of use for new users. It would be beneficial to have future training opportunities in the Pacific Northwest for improved convenience in travel.

Pros

One aspect I like the most is that it's tailored for nonprofit companies which allows us to allocate expenses and revenues to specific grants.

Cons

MIP Fund software is quite "picky" and often proves difficult to use. It takes time to get accustomed to the steps. For new users, changing the bank from which cheques are issued is not easily discoverable.

Pros

About MIP Fund there is one thing I absolutely love about this software is how user-friendly it is. As someone in accounts payable, I can quickly and easily enter data.

Cons

One of the aspects I like the least is that when I make a mistake and attempt to fix it, the correction doesn't always apply properly.

Pros

The software is reliable and doesn't crash. It offers a good range of features that meet our essential needs, such as payroll, AP, AR, reports, budgets, and fund management. While there are additional tools available, we currently don't use them and had to contract with third-party vendors to fulfill our requirements.

Cons

The annual fee and the need for annual updates can be somewhat tricky. While they are usually not too challenging to implement for our applications team, there are occasions when they require more effort and take a significant amount of their time.

Pros

I thoroughly enjoyed using this software system as it never lagged or crashed on me.

Cons

I found it very frustrating that there are limitations on the number of users who can access the software. Sometimes, I couldn't log in because too many of my colleagues were already using it, which hindered my work.

Pros

The product is highly flexible as it allows us to set up multiple fund buckets.

Cons

The backup and recovery process is not very good.

Pros

One of the great advantages is how quickly and efficiently it allows us to get approval for significant purchases.

Cons

It can be slightly confusing to use if you don't have access to all the necessary information.

Pros

MIP Fund software has numerous fantastic features that significantly enhance task completion efficiency.

Cons

It takes time for a new user to familiarize themselves with all the functions and features.

Pros

This software provides local government accounting functions at an ideal level. The best thing about it is that it covers payroll, AP, AR, reports, budgets and fund management. While it offers additional features, they are optional and require separate purchases.

Cons

One downside is the requirement to pay an annual fee and conduct annual updates. Additionally, in Payroll, it's necessary to download all State taxes to run reports.

Pros

We have been using this accounting software for quite some time now, and we haven't encountered any problems. The support it provides is excellent, and it offers various options to cater to the needs of our non-profit organization.

Cons

MIP Fund reporting functionality could use some improvement, and more customization options would be highly appreciated. As a non-profit, we always need detailed reports, but it's challenging to find a perfect solution. However, this seems to be a common issue across many products as well.

Pros

We integrated Citrix and performed both server and client installations.

Cons

At times, the software feels clunky and slow. SQL Maintenance needs to be given high priority and addressed quickly.

Pros

I really like the ability to bring the entire University together and align everyone towards the same goals. Moreover, the feature that allows us to coordinate accounts is very helpful.

Cons

The learning curve for this software is too steep. It's easy to use it incorrectly, but difficult to use it properly. Personally, I became proficient in using it, but I noticed that my colleagues often struggled with basic tasks or avoided using it altogether due to the initial difficulty in getting up to speed.

Pros

Thanks to MIP, we were able to reduce paper waste by eliminating the need for paper purchase orders. It provided us with a convenient and easily submittable format.

Cons

Navigating the software itself can be cumbersome. I'm not sure if we have an older version, but there are some standard keystrokes that deviate from intuitive expectations. For example, the enter key saves and closes something, while the tab key acts more like a traditional enter key, which confused me for quite some time.

Pros

The software is easy to use and perfectly aligns with the needs of our agency.

Cons

We haven't encountered any issues with the software so far.