MIP Fund Accounting
About MIP Fund Accounting
Other Top Recommended Accounting Software
Most Helpful Reviews for MIP Fund Accounting
1 - 5 of 70 Reviews
Paul
Primary/Secondary Education, 1,001-5,000 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
4
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
3
Reviewed September 2018
Highly functional product for a small, medium, or large non profit organization
We have used this product for many years for our business and it has served us very well. I would highly recommend it.
PROS1. Configuration of chart of account. 2. Account code combinations to allow for control of account code usage. 3. Import/Export of data functions - We are able to import our 30,000+ lines of data for payroll entry each 2 weeks. 4. Accounts Payable EFT notifications - When we pay vendors via ACH, we set up the system so a notification is sent to the vendor each time we make a payment and it includes remittance details. 5. Administrative access controls. - Admins have the ability to control everything a user needs to see. 6. Customer support is always helpful
CONS1. Although the import function is a huge plus, sometimes I wish we could speed up a the process for larger entries.
Carlos
Non-Profit Organization Management, 201-500 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
3
VALUE FOR MONEY
3
CUSTOMER SUPPORT
1
FUNCTIONALITY
4
Reviewed February 2022
Ok for the $, but only if you have it on premises, stay away from their cloud one.
Loved it when it was on premises, hate their cloud version and the exorbitant prices for services
PROSSystem is great for the $ but ONLY if you have it on premises. Once you move to the cloud they nickel and dime you to death. Any changes you need, they will charge you dearly for it. For example once we moved to the cloud, adding a new segment and changing history >$7K, I used to have a SQL engineer do it for $1K.
CONSHigh costs of their customer support for any change
Reason for choosing MIP Fund Accounting
experience with MIP for over 20 years
Reasons for switching to MIP Fund Accounting
Acumatica doesn't work for non-profits that have a lot of Federal grants
Peter
Non-Profit Organization Management, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
2
EASE OF USE
3
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed January 2024
MIP is a good nonprofit software that is cost affordable
MIP has everything you need however there are many different features such as payroll and etc that will cost more to be added on
CONSIt is not up to update. I love the lay out but I can see a lot of improve that could make the workflow and journal entries easier/faster
Akkegra
Non-Profit Organization Management, 11-50 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed December 2023
Cloud Conversion/ Client Services
When the software was hosted on premises, it was almost flawless.
CONSIt was pushed to move to our account to the cloud and functionality and updates to the on prem software was starting to lag and more bugs were encountered. When our org migrated, the process was cumbersome and we were charged over $550 for a 'modern overview' that I would have waived if the charges were transparent. Client services failed to deliver adequate service and cannot recommend MIP cloud.
Anonymous
51-200 employees
Used daily for more than 2 years
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
3
CUSTOMER SUPPORT
4
FUNCTIONALITY
3
Reviewed December 2019
Sturdy and reliable accounting software
Overall good, reliable and serves our current needs. We'd prefer a system that did not require annual updates performed by our applications team, but it's something we can live with. Customer support is helpful but can be hard to reach at times.
PROSIt is reliable and doesn't crash. Good suite of features that suit our essential needs, such as payroll, AP, AR, reports, budgets and fund management. Other tools are add ons that we do not currently use but had to contract with a few additional third parties to meet our needs.
CONSAnnual fee and need for annual updates. Normally these are not too cumbersome but occasionally they are more difficult to implement for our applications team and it takes up a good chunk of their time.