Abila MIP Advance™ Software


 

Abila MIP Advance™ is cloud-based fund accounting software for non-profit organizations and municipalities and has close to 20,000 users across many sectors. The software suite offers a variety of functionalities including general ledger, accounts payable and receivable, budgeting, fixed assets, bank reconciliation, payroll, human resources, electronic requisitions, encumbrance and more.

MIP Advance can flex and grow with the organization as needed and has fraud deterrence and alerting, audit reporting, and FASB and GASB reporting built in. The system allows the user to track, report, and manage finances according to revenue streams.

With cloud-based mobile capability, MIP Advance allows the user access to reports and data from anywhere at any time.

 

Abila MIP Advance™ - Abila Advance Reports
 
  • Abila MIP Advance™ - Abila Advance Reports
    Abila Advance Reports
  • Abila MIP Advance™ - Abila Drill Down
    Abila Drill Down
  • Abila MIP Advance™ - Abila MIP Advance Dashboard
    Abila MIP Advance Dashboard
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 8

4 Reviews of Abila MIP Advance™

Showing 1-4 of 4

 

from PACCAR
Specialty: Consulting
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

Cloud based functionality makes Abila an attractive option

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Ease-of-use
Functionality
Functionality
Product Quality
Quality
Support

Abila MIP Advance is a sophisticated, cloud-based true fund accounting solution that delivers powerful reporting, analytics, and dashboards. This tool is available with a responsive web interface which is optimized for mobile devices. This further adds to the usefulness of the software at large as it is accessible from anywhere. It is a true fund accounting solution well suited for mid-sized nonprofits and government entities that manage multiple funds and require advanced reporting capability. It offers a lot of add-on modules that increase functionality tremendously. It offers the ability to use a flexible chart of accounts with the ability to utilize unlimited segments, making it easy to users to manage multiple funds and programs. it can handle multiple transaction types like cash receipts, journal entries, and bank reconciliations. The Dashboard also contains a series of charts that display trends and offer a current year analysis. An advanced warning system can be set up and maintained to notify users if close to a budget overage. And the what-if scenario allows users to enter transactions to see what net effect the transactions would have on budgets.
As there are less number of people using this system currently, the training administrators for the tool are also less and so are expensive too. Since training is required at the initial stage of using the program, it is an additional cost to the business during the shift to Abila.

Advice to Others

Contact Abila directly and not through the third parties involved in the marketing of Abila products.

 
 

from Siemens Energy
Specialty: Engineering
Number of employees: 10,000+ employees Employees number: 10,000+ employees

Excellent accounting tool For big as well as small businesses

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Ease-of-use
Functionality
Functionality
Product Quality
Quality
Support

Abila is a great tool which has a very intuitive user interface and has a lot of safeguarding featues to prevent errors in the entry of data. This helps new users to get accustomed to the software and also prevents them from making mistakes initially. The data stored in the system is secure and a hierarchy can be implemented into the system and thus it helps in proper division of duties and track changes. The reconciliation and reports generated using this system makes it easy for the managers to extract, understand and analyze data. By means of some training, even a non accountant can use the tool efficiently to get the functionality they need.
Importing data onto this system requires some level of expertise and is time consuming but it is smooth thereafter. The modules which offer additional functionality can get a little expensive.
Overall I would recommend this software to non profits as well as firms of all sizes.

 
 

from Futures First
Specialty: Consulting
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

Abila can be your primary accounting software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Ease-of-use
Functionality
Functionality
Product Quality
Quality
Support

Owing to the fact that modules can be added into the existing system, Abila offers a very versatile solution. We use it as a primary accounting software but it can be extended to HR as well as other departments just by the addition of modules. It is not too tough to learn but definitely some amount of time is needed initially to get used to it. Makes the process pretty smooth after that.

Pros

1. Abila offers modules that are customizable to suit the needs of small, medium and large size companies. These modules can also be purchased in parts as the requirements of the company change with time.
2. It offers a very good customer support system who help in setting up the accounting system initially and also help during operation if need be.
3. Fits the budget if you only buy the modules you need in case it is for a smaller organization with limited requirements.

Cons

1. Some features of the Abila software cannot be changed once the system has been set up like the number of digits in the fund code.
2. There could have been more number of options in the formatting of financial statements generated using this software.
3. Since it requires training in the initial to begin using the software, there is a cost involved in doing so.

Advice to Others

Abila can be used as a primary accounting software in an organization. I will give it 9 points on the recommendation scale and 4 stars overall.

 
 

from Tata Consultancy Services
Specialty: Consulting
Number of employees: 10,000+ employees Employees number: 10,000+ employees

Review of Abila MIP Advance™

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Ease-of-use
Functionality
Functionality
Product Quality
Quality
Support

MIP Advance offers users the flexibility of a cloud-based system, along with strong fund management and reporting options.It is true fund accounting solution well suited for small-sized to mid-sized organization. Comes with lots of features.

Pros

Offers a mobile app.
Cloud based.

Cons

Setup time can be high

 
 
 
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