

MIP Fund Accounting Software
About MIP Fund Accounting
MIP Fund Accounting Pricing
Contact MIP for pricing details
Starting price:
$0.01
Free trial:
Not Available
Free version:
Not Available
1 / 6






Image 1 of 6
Dashboard
Other Top Recommended Nonprofit Software
MIP Fund Accounting User Reviews
OVERALL RATING
Showing 1 - 5 of 67 reviews
Paul
Company size: 1,001-5,000 employees
Industry: Primary/Secondary Education
Time used: More than 2 years
Review Source
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.
Pros
1. 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
Cons
1. Although the import function is a huge plus, sometimes I wish we could speed up a the process for larger entries.
Carlos
Company size: 201-500 employees
Industry: Non-Profit Organization Management
Time used: More than 2 years
Review Source: Capterra
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
Pros
System 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.
Cons
High costs of their customer support for any change
Reasons 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
Paige
Industry: Civic & Social Organization
Time used: More than 2 years
June 2015
Great software for mid-market non-profits
Pros
The Saas version makes it easy to implement and easy on the IT department (they don't have to do anything). It also makes it easy to access from anywhere. We moved from Blackbaud because their system was so clunky and I couldn't get financials out of it easily. With Abila, it's very easy to run a variety of financials that I can tailor to my needs. It's also very easy to drill down (not from the financial reports) to find the detail I'm looking for with links to supporting documents (i.e. invoices). The A/R, fixed asset and other modules let us keep accounting for everything in one place.
Cons
The financial reports are a bit limited in terms of showing groupings of departments without being able to show the total on the same report. It can't do monthly balance sheets on one report. And you can't enter operational/non-financial data for more comprehensive reporting. The wait time for calling into their help center is still unacceptable (hold times of no less than 30 minutes). They know about this and, instead of fixing it, tell users to use their chat function. While their response time on chat is very fast, I hate having to type out my issues and responses. I just want to talk to a live person.
Anonymous
Company size: 51-200 employees
Time used: More than 2 years
Review Source: Capterra
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.
Pros
It 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.
Cons
Annual 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.
Robbie
Company size: 11-50 employees
Time used: More than 2 years
Review Source
June 2018
Manager
I would recommend this product to any nonprofit. It has what you need for sure.
Pros
General Ledger chart of accounts setup is second to none. With the segment driven chart versus the linear style chart of accounts found in competitor products, the reporting is hands down the best I've ever seen in the industry. It also has strong audit controls for maintaining integrity within your software.
Cons
Hard to find anything I don't like about this product. I am eagerly waiting for them to bring more features to the cloud offering.