MIP Fund Accounting Software Reviews

Pros

In my opinion, this product is excellent for fulfilling our specific requirements. The best aspect is the reports feature. Once you become familiar with building reports, it becomes an even more powerful tool.

Cons

Whenever I had to call customer support, I had to be prepared to endure at least 45 minutes of hold time accompanied by that repetitive music. It didn't matter what day or time I called; they always seemed to be busy. Our implementation specialist was supposed to provide a week of training, but I had to request her to complete it because she rushed through it and even skipped demonstrating one of the modules we had paid for.

Pros

The configuration of the chart of accounts, the ability to control account code usage through combinations and the import/export functions for data have been incredibly valuable. We can easily import over 30,000 lines of data for payroll entry every two weeks. The accounts payable EFT notifications are also great, as we can send remittance details to vendors when making ACH payments. The administrative access controls allow admins to manage what users can see, and the customer support is always helpful.

Cons

The import function is quite advantageous, however, there are times when I wish the process could be faster, especially for larger entries.

Pros

MIP Fund's cloud-based feature was awesome, and the level of security provided made us feel confident in the safety of our information. Having all the modules in one user friendly place is very suitable too.

Cons

The software was a bit expensive for our small company, and we didn't require the cloud feature. It would have been beneficial if it included inventory and shipping features as it will save us from the need to purchase and reconcile two separate software packages.

Pros

The setup of the general ledger chart of accounts is unparalleled. The segment-driven chart, as opposed to the linear style found in competitor products, results in the best reporting I've ever seen in the industry. Additionally, the software maintains strong audit controls to ensure data integrity.

Cons

I find it hard to pinpoint any major cons with this product. However I am eagerly looking forward to the addition of more features to their cloud offering.

Pros

This software is quite user friendly and can be easily customized to suit the specific needs of our organization. It's an excellent choice for non-profit accounting.

Cons

The customer service at Abila is not top-notch. Their response time is slow, and when you purchase a new product, they don't give enough time to properly guide you on its usage.

Pros

Although there's a service fee for this product, it proves to be an invaluable tool for grassroots nonprofit organizations. Also the ability to customize Abila provides a unique experience tailored to each organization's needs.

Cons

MIP Fund offers numerous options available can be overwhelming, but I find the customer service to be highly reliable and they offer excellent training.

Pros

I like the fact that once you post items, you can't make changes to them. In terms of stability, it surpasses QuickBooks in this aspect.

Cons

Once you make a typo, it becomes permanent since there's no option to make changes. It would be great if there was an edit feature specifically for descriptions.

Pros

The reporting feature on Abila is fantastic, and I find it very easy to save reports for future use, allowing me to run them on a monthly basis.

Cons

I believe the software would benefit from an update to improve user-friendliness and technological compatibility, especially on MAC systems.

Pros

It's amazing! I didn't even need to read the instructions to get started. The setup is just my style. Now, I can't say this applies to everyone, but if you have some experience, you'll be perfectly fine.

Cons

As I mentioned earlier, the software is very easy to familiarize oneself with. I fail to understand why anyone would overlook it.

Pros

The speed of the software is very fast, and I would love to use it at my job, but unfortunately, we're transitioning to Sage Live.

Cons

In my opinion, the software lacks user-friendliness and could benefit from more guidance, but that's just my personal viewpoint. Everyone has their own preferences.

Pros

I had the opportunity to work with this software a few months ago, and I was really impressed by its simplicity and user-friendliness.

Cons

While I genuinely like the software, I have to admit that it is a bit overpriced. For that reason alone, I wouldn't purchase it for myself.

Pros

MIP Fund Accounting was nice and user-friendly, with a highly interactive dashboard that provided a comprehensive overview.

Cons

There is definitely room for improvement, and at times, using the product can be slightly frustrating.

Pros

The bolt-on modules are exceptionally robust and have exceeded our expectations. The integration from FR50 to MIP is seamless, and the option to install modules separately helps distribute the learning curve over time.

Cons

The software doesn't offer a switch to Cash Accounting Basis as it is exclusively designed for Accrual Basis. Additionally, there isn't a built-in cash forecast model.

Pros

It's easy to navigate from the General Ledger to Accounts Payable or Accounts Receivable, as well as cash receipt and reporting functions.

Cons

Budgeting in the system is not as simple as I expected. It doesn't allow me to set it up according to my preferred format, but the ability to upload helps mitigate the issue.

Pros

MIP Fund software has allowed us to make informed financial decisions as we have access to clear data. Our church finance team absolutely loved it!

Cons

Our organization made the decision to transition to our own custom software from Abila. However, we have encountered several instances where we miss certain key features that couldn't be replicated in the new software.

Pros

The software is highly robust and advanced which allows you to track a wide range of expenses and generate various reports.

Cons

Without proper training, it can be a rough experience for an entry-level employee to use it. As it demands thorough attention to detail.

Pros

With so many features, it's common to feel speechless, especially for those new to accounting. However, if you're a quick learner and take the time to explore the features thoroughly, you'll quickly figure things out until your transactions become second nature.

Cons

The software accepts a certain level of accounting proficiency from the user. Beginners will likely require support in navigating the system. Also the "Help" search feature is highly technical in nature.