Dayforce Powerpay vs. MIP Fund Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Dayforce Powerpay
Score 9.5 out of 10
N/A
Dayforce Powerpay allows small businesses to pay and manage employees. It is used to simplify and automate payroll processes with automatic payroll calculations and remittances to the CRA and RQ, and streamlines payroll with connected time and attendance tracking to help ensure people are paid accurately.N/A
MIP Fund Accounting
Score 8.7 out of 10
N/A
MIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
Pricing
Dayforce PowerpayMIP Fund Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Dayforce PowerpayMIP Fund Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Dayforce PowerpayMIP Fund Accounting
Considered Both Products
Dayforce Powerpay
Chose Dayforce Powerpay
Being able to remit payroll directly to CRA reduces the number of steps in payroll processing. It also means that there is no way for us to forget a remittance. This is important to us because it's all-in-one software. I did like that QB would have the entry directly there so …
Chose Dayforce Powerpay
Even though Quickbooks was cheaper, I would have to do more work, much more information added into the system and while I would pay less per pay run, there was a lot more work for me to do. I prefer to pay a little extra and spend my time making money instead of the headache of …
Chose Dayforce Powerpay
Wagepoint has made errors in the past. ADP has terrible customer service. QuickBooks Online is convenient however the Dayforce Powerpay pricing is better for larger payrolls. Payworks has no "run as is" option.
Chose Dayforce Powerpay
I selected Powerpay (Ceridian at it was then) for the ease of use. I like that I have the choice of phoning my payroll in or doing it online myself. I used Ceridian a long time ago when I worked part time for a law firm. The Powerpay system is easy to use, it is logical and you …
Chose Dayforce Powerpay
Have not used any other payroll software in my experience.
Chose Dayforce Powerpay
Having used both Ceridian Powerpay and DayforceHCM, I find that Ceridian Powerpay is the better solution for the average user. DayforceHCM provides a more fully-featured solution for an organization, but utilizing those features will depend on your organizational needs. …
MIP Fund Accounting
Chose MIP Fund Accounting
I've had limited use of Quickbooks, but I think MIP Fund Accounting is far superior with the options and capabilities
Chose MIP Fund Accounting
We have looked into other programs such as Classy and GiveGab/Greater Giving. While the customization on the forms for those alternatives are better, the prices for those programs are just too high.
Chose MIP Fund Accounting
I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more …
Chose MIP Fund Accounting
Abila MIP Fund Accounting was already in place with the Agency I am currently employed with, when I started my position there. I was able to teach Sage to myself, but Abila has been a little bit more complex as far as that goes, at least in my opinion.
Chose MIP Fund Accounting
While I feel Sage Intacct is a good software, it does not suite the needs of the organization the way MIP does. As I had mentioned, the Knowledgebase that MIP Fund Accounting has is an incredible tool that makes it so much easier for us to find solutions and to get the help we …
Chose MIP Fund Accounting
Much better user interface and menu structure.
Chose MIP Fund Accounting
I only used CATALYST Accounting software for a few months but thought it was very cumbersome, especially at year-end when a hard close was needed.
Chose MIP Fund Accounting
We chose MIP Fund Accounting for a better cost especially for non-profit industry over Quickbooks.
Chose MIP Fund Accounting
Our county still has EDEN - we use MIP for our grant and contract tracking because MIP is much more flexible to track the Data and run reports from. EDEN is impossible to do the kind of tracking that we need to track and bill our grants and contracts.
Chose MIP Fund Accounting
MIP Fund Accounting is the only financial software program that I have used for the purpose of consolidating financial data, and it seems to perform that function with a minimal learning curve. My employer is a non-profit entity. MIP Fund Accounting is built to function for …
Chose MIP Fund Accounting
That was so long ago it's hard to remember. I think we looked at Blackbaud back in 2004.
Chose MIP Fund Accounting
I prefer MIP to the other software I have been exposed to based on cost, ease of use, and functionality. I have tried Blackbaud about 14 years ago and was not impressed as it was hard to use and not intuitive at all. As for quickbooks, I have not used that program in mane …
Chose MIP Fund Accounting
MIP Fund works well such as one competitor I have used before. Adapting to other online program software systems is the only thing I can think of that MIP could do better. But primarily as a non-profit with little time on hand and always overworked, a simpler software program …
Chose MIP Fund Accounting
I did not initiate the purchase of MIP. The software has been within the organization more than five years.
Chose MIP Fund Accounting
MIP HR Management works well for us because MIP was able to help us on personalizing the software according to our needs for better performance.
Chose MIP Fund Accounting
Compared to other software I've used, MIP is by far the most user friendly and easiest to operate that've I've seen. Reports are easy to run, and I love being able to narrow down the information to only pull specific items.
Chose MIP Fund Accounting
The HRA used RealPage (I'm not sure if it is actually the one listed above), and it did not work well. I'm not sure if it wasn't set up well, designed for larger property management companies, or just not good software, but it did not suit our needs at all. We chose a different …
Chose MIP Fund Accounting
We are in the very first stages of looking at alternative accounting software. Abila MIP Fund Accounting was implemented at our organization before I started and our organization has now outgrown the system.
Features
Dayforce PowerpayMIP Fund Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Dayforce Powerpay
8.9
Ratings
8% above category average
MIP Fund Accounting
-
Ratings
Pay calculation9.10 Ratings00 Ratings
Support for external payroll vendors9.20 Ratings00 Ratings
Off-cycle/On-Demand payment8.70 Ratings00 Ratings
Benefit plan administration8.70 Ratings00 Ratings
Direct deposit files9.00 Ratings00 Ratings
Salary revision and increment management8.80 Ratings00 Ratings
Reimbursement management8.90 Ratings00 Ratings
Best Alternatives
Dayforce PowerpayMIP Fund Accounting
Small Businesses
OnPay
OnPay
Score 9.8 out of 10
QuickBooks Online
QuickBooks Online
Score 8.3 out of 10
Medium-sized Companies
Paypro Workforce Management
Paypro Workforce Management
Score 9.7 out of 10
Sage Intacct
Sage Intacct
Score 8.6 out of 10
Enterprises
Infor Human Resources
Infor Human Resources
Score 7.1 out of 10

No answers on this topic

All AlternativesView all alternativesView all alternatives
User Ratings
Dayforce PowerpayMIP Fund Accounting
Likelihood to Recommend
8.9
(0 ratings)
8.7
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
9.5
(0 ratings)
Usability
8.6
(0 ratings)
8.3
(0 ratings)
Availability
-
(0 ratings)
10.0
(0 ratings)
Performance
9.1
(0 ratings)
8.7
(0 ratings)
Support Rating
9.0
(0 ratings)
8.5
(0 ratings)
In-Person Training
-
(0 ratings)
10.0
(0 ratings)
Online Training
-
(0 ratings)
8.0
(0 ratings)
Implementation Rating
9.1
(0 ratings)
6.1
(0 ratings)
Configurability
-
(0 ratings)
8.4
(0 ratings)
Ease of integration
-
(0 ratings)
9.6
(0 ratings)
Product Scalability
-
(0 ratings)
8.1
(0 ratings)
Vendor post-sale
9.1
(0 ratings)
9.7
(0 ratings)
Vendor pre-sale
9.1
(0 ratings)
8.9
(0 ratings)
User Testimonials
Dayforce PowerpayMIP Fund Accounting
Likelihood to Recommend
I like Dayforce's timesheet inputs. I like that there is both the rapid entry and the timesheet tabs. It's easy and quick, and it makes a lot of sense. I wish Dayforce would pay out RSP payments, rather than log them only. It would eliminate a step for us and make things faster. But it's only once per year, so not a huge issue.
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MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
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Pros
  • Ceridian Powerpay simplifies the payroll process, very little manual work involved during each payroll run.
  • Ceridian Powerpay is mostly an intuitive interface with easy to understand workflows to allow for multiple users to be able to use the system if required.
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  • General Ledger processing, including journal entries and reports
  • Ability to download all reports directly to Excel and PDF formats
  • Use of Grant codes to enable grant reporting by month/quarter/year
  • Ability to have multiple departments and consolidate into groups for reporting
  • Accounts Payable and Accounts Receivable cannot be out of balance
  • Multiple ways to use the product including Cloud and Classic options, Visual menu or Standard (Top of screen) menus to select processes, many options we are not using in our simple organization
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Cons
  • Adjustment - Reversal sometimes gives an error
  • Emergency Contact Comments field - would be nice if it would accept more characters in this field
  • A warning that 'no ROE will be created' popup when EI or other related fields are marked Exempt
  • Rate history on an employee's page would be nice
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  • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
  • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
  • When processing W2 the system deletes info.
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Likelihood to Renew
Powerpay exceeds my expectations: it's easy to use and does not 'eat' my time by wondering what the end result will be. I can see what each employee's pay statement will look like before I submit the payroll for processing. Monthly processing fees are not exorbitant and the service from support it top notch, quick and awesome when you need it! What's not to like? It's a terrific company to have on your side!
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I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
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Usability
Dayforce
Powerpay has a great interface that makes it easy to navigate, easy to remit
payroll, and easy to report after the fact. It has made overseeing and executing our payroll easier for me as an administrator, and our staff find their portal easy to navigate as well. The only thing that I find less desirable is that you need to start a payroll in order to make any adjustments to employees' information.
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I don't know what it would be like in the for-profit arena, but for the non-profit arena, it is an excellent product. I love how you don't actually have to close years and are able to get information that spans over the year-end. And the grant tracking is excellent too. It is just an excellent accounting system.
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Reliability and Availability
I have never experienced application errors or unplanned outages. I do know that I could phone Dayforce Powerpay and give them hours and other deductions and they would do the payroll and I could either have them deliver the completed payroll by courier (there are small extra charges for this) or I could download the completed payroll on pay day. I have also been able to complete payroll our payroll at home instead of at the office. Dayforce is very accessible by phone or online.
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I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
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Performance
Pages online load in seconds. Click and it's instantly there! I have never had pages not loading properly or taking time to load. Payroll reports also downloads quickly. We do not interface Dayforce Powerpay with anything else
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MIP Fund Accounting is an important asset for performing search queries. If I had to do a historical search query without MIP Fund Accounting, I very well might have to pull data from three different programs, turn each piece into like-data myself, and then consolidate it all down into interpretive data. MIP Fund Accounting does it all by itself and has a wide array of ways to filter down as specifically or broadly as you want for any given query.
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Support Rating
Regardless the issue, the Customer Support team is offering outstanding services! When I am calling, the wait time is reasonable, and the team members will ensure you receive the right support in a timely manner, with politeness and kindness. If you reach out the team that it's a guarantee that your issue will be solved!
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I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
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In-Person Training
No answers on this topic
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
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Online Training
I have used Powerpay before (at a previous employer) but a few years had elapsed. I had a quick online training session (less that 30 minutes) to recover basic knowledge and I was away. I still from time to time have to do something that i am not quite sure of and pick up the phone! Every one that works at Ceridian - now Dayforce - have been able to answer my question and tell me where to go in the program, click on what and do what I need to do. The support is out-of-this-world good!
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The training with Laura was amazing. She had answered all our questions and customized the training to our needs that we are working with and trying to address using MIP accounting. The only thing I wish that could come out of the trainings was to have permanent access to the recordings of our paid trainings we received. They recordings of the training only last for a short time before it goes away which makes it hard to go back and re-watch and learn.
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Implementation Rating
I initiated the implementation. I answered all the questions I was asked, prepared the documentation and sent it off and it was done! Quickly, efficiently and done well!
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Again, I was not directly involved with the planning and setup of the software. However, I was involved in training my staff during the implementation phase. As with any software implementation, consistency of training is key and a willingness to seek out help from Customer Support helps tremendously to insure accuracy of information and training.
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Alternatives Considered
Even though Quickbooks was cheaper, I would have to do more work, much more information added into the system and while I would pay less per pay run, there was a lot more work for me to do. I prefer to pay a little extra and spend my time making money instead of the headache of trying to submit everything. It may work well for those who use that program with everything else on a daily basis, but I don't and also did not want to learn a new system when I have something that works really well!
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I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
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Scalability
We have a small staff of less than 20 employees. We moved our payroll from a previous provided because of terrible and expensive service. Dayforce is much, much easier to use and costs about 30% less than the previous provider. Dayforce Powerpay also seem to have people that speaks clearly and are efficient in everything they do so that less time is wasted by phone calls that has you on hold for 3 hours!
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MIP is easy to install and use on my work laptop. I can still use the software when travelling for work or when working from home. It is always reliable and effective. This applies to other people on our organization as well. Employees who need access to the MIP database are able to access it from their desktop computers or laptops
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Return on Investment
  • The return on investment has been substantial for our company. Having a payroll system that calculates everything for you, processes important documents, and only takes minimal time and effort allows us to focus more time on running the business and generating revenue.
  • Instead of having a user spend half a day (or potentially a full day) processing payroll, it only takes a couple hours (obviously depending on how many employees need to be processed).
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  • When used, it also visibility to how we are using our allotted Government funds. It allows us to make sure we are being efficient with those dollars.
  • MIP Fund Accounting allows us to be more accurate in posting expenses. It allows us to be sure of which accounts are we are posting to. We can pull those accounts in real time and make sure that our entries are having the desired effect on the accounts involved.
  • MIP Fund Accounting allows accountability in that we can see who posted what, when they posted, and to which accounts they posted.
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ScreenShots

MIP Fund Accounting Screenshots

Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions