MIP Fund Accounting

4.1
Overall rating
Reviews

4.1
Overall rating
Reviews

About MIP Fund Accounting

Purpose-built to meet the needs of the modern nonprofit, educational organization, and government agency, MIP Fund Accounting® empowers organizations to track by fund, manage restrictions based on unlimited funding sources, and meet complex reporting requirements. The fully-integrated, fund accounting software of choice for nonprofits and government agencies, MIP’s end-to-end suite of functionality and multi-segment chart of accounts adapts to the size and unique needs of each organization. Available both in the cloud or on-premise, MIP is an integrated suite offering true fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management and dashboard functionalities. The flexibility designed in the software, enables our experienced consultants to customize the system so your specific needs are addressed. The solution enables users to manage and report on multiple cost centers at the general ledger level including multiple organizations, funds, projects, grants, programs, departments, locations, and more. MIP’s embedded report writer tool provides extensive, customizable reports by cost center and unlimited time periods. The software’s budgeting functionality allows organizations to maintain unlimited budgets within the same system and track every financial transaction. Built-in Payroll, Human Resource Management, Employee Web Services and Electronic Timekeeping HRM functionality allows businesses to manage human resources including attendance, timekeeping and payroll. Other modules include third-party integrations, FASB & GASB reporting, multicurrency support, data analytics, and forms designer.
MIP Fund Accounting Software - MIP Cloud - Accounting Dashboard
MIP Fund Accounting Software - MIP Cloud - Accounting Grant Reporting
MIP Fund Accounting Software - MIP Cloud - Accounting for Multiple Budget Versions
MIP Fund Accounting Software - MIP Cloud - Accounting Bank Reconciliation
MIP Fund Accounting Software - MIP Cloud - Audit Trail
MIP Fund Accounting Software - MIP Cloud - User Permissions & Access
MIP Fund Accounting video
MIP Fund Accounting Software - MIP Cloud - Accounting Dashboard - thumbnail
MIP Fund Accounting Software - MIP Cloud - Accounting Grant Reporting - thumbnail
MIP Fund Accounting Software - MIP Cloud - Accounting for Multiple Budget Versions - thumbnail
MIP Fund Accounting Software - MIP Cloud - Accounting Bank Reconciliation - thumbnail
MIP Fund Accounting Software - MIP Cloud - Audit Trail - thumbnail

MIP Fund Accounting pricing

MIP Fund Accounting does not have a free version. MIP Fund Accounting paid version starts at USD 0.01.

Starting Price:
USD 0.01
Free Version:
No
Free trial:
No

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MIP Fund Accounting Reviews

Feature rating

Value for Money
4.0
Functionality
4.0
Ease of Use
3.9
Customer Support
4.1
5 reviews of 70 View all reviews
Tia
Tia
  • Industry: Hospital & Health Care
  • Company size: 201–500 Employees
  • Used Weekly for 2+ years
  • Review Source
Value for Money
4
Functionality
4
Ease of Use
4
Customer Support
4

4
Reviewed on 09/01/2019

Very nice!

Pros

We have been using this for accounting for quite awhile and have not have any issues. It has great support and options to be able to work for what our non-profit is always needing.

Cons

The reporting could be better, more customization would be great. As a non-profit it is always something that we need reporting on and nothing is ever perfect. But that does go for many products too.

Carlos
  • Industry: Nonprofit Organization Management
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
3
Functionality
4
Ease of Use
3
Customer Support
1

4
Reviewed on 03/02/2022

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

Peter
  • Industry: Nonprofit Organization Management
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Functionality
3
Ease of Use
3
Customer Support
4

2
Reviewed on 19/01/2024

MIP is a good nonprofit software that is cost affordable

Pros

MIP has everything you need however there are many different features such as payroll and etc that will cost more to be added on

Cons

It 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
  • Industry: Nonprofit Organization Management
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
0
Functionality
3
Ease of Use
5
Customer Support
4

4
Reviewed on 06/12/2023

Cloud Conversion/ Client Services

Pros

When the software was hosted on premises, it was almost flawless.

Cons

It 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.

Jeanette
  • Industry: Accounting
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
5

5
Reviewed on 03/11/2022

Great Platform!

Overall very happy with MIP and the way it works. It was a good choice for us!

Pros

MIP is a great fund accounting software. It has been very valuable for our organization and makes it easy to keep everything in order and organized.

Cons

System is sometimes glitchy and it's hard to find tutorials for learning new things in the software.

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