Many of the nonprofit and governmental organizations that we work with have unique and challenging fund accounting and reporting requirements, especially if funded through multiple sources and revenue streams. In such cases, we suggest True Fund Accounting™ via MIP Fund Accounting™ software to fully support your financial management requirements.
Please explore this page and determine if Abila could be a good solution for your organization.
A Closer Look at Abila MIP Fund Accounting™
Abila MIP Fund Accounting™ is regarded by nonprofit accountants as the gold standard of its genre and consistently receives top ratings from independent sources, such as TrustRadius and CPA Practice Advisor. It has a long history as a solid solution for small- to mid-size organizations that require true fund accounting. Some of its erstwhile competitors have faded but MIP has thrived by delivering what customers demand and staying up-to-date with technology.
A Choice of Two MIP Versions
Abila supports two versions of the software, MIP Fund Accounting™, and MIP Advance™. The former is the venerable original version that has evolved from its creation to a feature-rich product that can be acquired via a traditional perpetual license or by subscription and hosted on-premises or in the cloud. MIP Advance™ is Abila’s more recent browser-based version that is hosted in the Abila cloud and can be run on PCs and mobile devices. Both versions use a common SQL database and can be used interchangeably for maximum flexibility.
Your job is different and so is MIP Fund Accounting™
Scale – MIP Fund Accounting™ can change and grow with you through your most difficult fund accounting, human capital management, and payroll challenges.
Choose – Our software can be hosted in the cloud for maximum data security and accessed anywhere, or on-premise, based on your specific needs.
Decide – Comprehensive, accessible data empowers you to make better financial decisions and execute financial management with greater precision.
Know – Track, analyze, and report on the data that is most important to your board, your organization, and you.
With MIP Fund Accounting™, you only buy the functional modules that you need for your organization with the option of acquiring more as you grow. Most organizations begin with the core modules including:
- General ledger
- Accounts payable
- Bank reconciliation
- Accounts receivable reporting
- Data import/export
Other popular modules are:
- Accounts receivable billing
- Human resource management (HRM)*
- Employee web services (EWS)*
- Fixed assets
*Payroll, HRM and EWS modules constitute the integrated Human Resource Suite. Payroll and HRM can be implemented together or separately. EWS requires that HRM is implemented first. To learn more about integrated HR Management click here or complete the form below.
For a list of downloadable Abila MIP Fund Accounting™ brochures and recorded demos, click here.
Find out how MIP Fund Accounting™ can help you make better financial decisions; execute financial management with greater precision; and better track, report, and manage finances across your entire organization.