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MIP Fund Accounting
What Is MIP Fund Accounting?
MIP Fund Accounting is a configurable fund accounting solution designed to meet and handle the complex accounting needs of nonprofit financial management. MIP's integrated software solution suite provides general ledger, accounts payable and receivable, budgeting, human resource management, payroll, fixed assets, advanced security and more. MIP Fund Accounting exclusively serves the financial management accounting needs for thousands of nonprofits and government agencies nationwide.
Who Uses MIP Fund Accounting?
Nonprofit organizations, Government entities, Native Nations, Higher Ed, K-12 schools
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Reviews of MIP Fund Accounting
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.
Ok for the $, but only if you have it on premises, stay away from their cloud one.
Comments: 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
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
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.
Great Platform!
Comments: 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.
