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

8 Reviews of Abila MIP Advance™

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Brenda from Rising Sun Montessori School
Specialty: Education
Number of employees: 11-50 employees Employees number: 11-50 employees

August 2017

August 2017

Easy to tailor to your industry needs.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I'm still learning, but the more often I use Abila, and the more familiar I become I am enjoying the software more and more! It's very well designed.

Pros

There are a lot of features, and it's easy to get overwhelmed if you are new to accounting, however, if you are a quick learner and explore the features at length you can quickly figure things out until your transactions become intuitive.

Cons

It does assume a certain level of accounting proficiency on the part of the user. Those starting out will probably require some support in navigating. The "Help" search feature is very technical.

 
 

Brittney from GroupOne
Specialty: Accounting / CPA
Number of employees: 11-50 employees Employees number: 11-50 employees

June 2017

June 2017

Abila - MIP Fund Accounting Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

The system is available as an on-premise solution or hosted on the Abila private cloud which is great having either option.

Pros

The ability to access the system from anywhere on your mobile device. There is a tough competition of modules available.

Cons

The amount of money spent can be expensive depending on the type of modules needed and how many users needed.

 
 

Dan from The News-Review
Specialty: Media
Number of employees: 51-200 employees Employees number: 51-200 employees

June 2017

June 2017

MIP for YOUR non-profit

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I would recommend this to any non-profit to account for financials in any industry.

Pros

MIP has one of the best non-profit accounting solutions out there, with its robust reporting, multiple segmentation of accounts, and ease of reviewing history in the database.

Cons

The built in custom reporting could be a little better - but there are certainly third party softwares out there that fix this problem - for a cost.

 
 

Hitesha from Sun Management group
Specialty: Accounting / CPA
Number of employees: 51-200 employees Employees number: 51-200 employees

April 2017

April 2017

Great software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Overall great software happy with the product!!

Pros

Software is simple and intuitive, so you’ll spend less time and ridiculously easy to use.Customization feature is great!!

Cons

As all product there are some times where errors occur.but its occasionally and most of the time it works best.

 
 

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

November 2016

November 2016

Cloud based functionality makes Abila an attractive option

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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.

 
 

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

November 2016

November 2016

Excellent accounting tool For big as well as small businesses

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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.

 
 

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

November 2016

November 2016

Abila can be your primary accounting software

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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.

 
 

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

November 2016

November 2016

Review of Abila MIP Advance™

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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