TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MIP Fund Accounting

    Score8.7 out of 10
    N/AMIP 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

    Sage 50

    Score8.3 out of 10
    Small Businesses (1-50 employees)
    Sage 50cloud Accounting (formerly Sage 50 Accounting) is accounting software designed for small businesses. Sage 50cloud Accounting (formerly Sage 50, and formerly Peachtree) lets businesses invoice customers, pay bills, manage inventory, control costs, and pay employees. The solution includes high-level dashboards and in-depth reports.

    $61.92

    per month per user

    Pricing
    MIP Fund AccountingSage 50
    Editions & Modules
    No answers on this topic
    Sage 50 Pro Accounting
    $61.92
    per month
    Sage 50 Premium Accounting
    $103.92
    per month per user
    Sage 50 Quantum Accounting 3 User
    $177.17
    per month per user
    Offerings
    Pricing Offerings
    MIP Fund AccountingSage 50
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—Annual billing plans also available for all products.
    More Pricing Information
    Community Pulse
    MIP Fund AccountingSage 50
    Considered Both Products
    Momentive Software
    Chose MIP Fund Accounting
    I'm so old that my prior job used Peachtree...I see it's no longer on the market.
    Incentivized
    Chose MIP Fund Accounting
    TCO, reporting, flexibility and support are at the level you require in a large non-profit arena.
    Incentivized
    Chose MIP Fund Accounting
    Utilized Oracle in a manufacturing instance, and it was great! The expense would not have been practical for a company of this size. It was much more user friendly and streamlined. MIP Fund Accounting is a major improvement over the QuickBooks programs.
    Incentivized
    Chose MIP Fund Accounting
    MIP is a big improvement over Sage 50.
    Incentivized
    Chose MIP Fund Accounting
    Was not involved with the selection process. Company had already converted to MIP when I became employed here.
    Incentivized
    Chose MIP Fund Accounting
    QuickBooks and Peachtree just didn't have the multi-user environment depth that MIP has. As such, our clients transitioned over the years. From the Sage days onwards we have used MIP to great effect. Sure there have been bumps in the road but it is an intuitive product. With an …
    Incentivized
    Chose MIP Fund Accounting
    It's as good and better in almost all areas of any program I have ever worked in.
    Incentivized
    Chose MIP Fund Accounting
    Each not-for-profit is different. If it's an association QuickBooks works fine. Generally once you have restricted funds either blackbaud or MIP becomes the better solution. Many nonprofits use Great Plains Microsoft GP but with its inability to report multiple grant periods …
    Incentivized
    Chose MIP Fund Accounting
    I don't think there are many comparable alternatives. I have used Financial Edge/Raisers Edge in the past. I felt the reporting was not as robust but I did like the ability to enter donations into Raiser's Edge and import them.

    The less expensive alternatives such as QuickBooks …
    Incentivized
    Chose MIP Fund Accounting
    Our company chose Abile MIP because a former employee (that was held in high esteem) recommended it. Since then, we have felt stuck with it due to the cost of switching over to another platform. I personally feel, as do many of my colleagues, that another platform would be …
    Incentivized
    Chose MIP Fund Accounting
    Despite it's higher cost, MIP offers the most flexibility with reporting than other programs which while less expensive, were more cumbersome to use and reporting set up was more labor intensive.
    Incentivized
    Chose MIP Fund Accounting
    The previous products that I've used were Quickbooks, Peachtree and MAS 90. None of these products were close in comparison to the ease of tracking and reporting capabilities.
    Incentivized
    Chose MIP Fund Accounting
    I haven't used any other fund accounting software. I have used peachtree, Quickbooks, and PeopleSoft (but not a not for profit version). If you chose a program that does not offer the tracking of funds, you have to do that yourself. This leaves too much room for error or …
    Incentivized
    Chose MIP Fund Accounting
    They were not satisfied with their current product and heard great things about MIP and have been using it since 1998. They love it!!
    Incentivized
    Chose MIP Fund Accounting
    Have only worked with Peachtree and QuickBooks. MIP is much easier to use. More intuitive.
    Incentivized
    Chose MIP Fund Accounting
    Prior to selecting MIP, I was using Peachtree Accounting which was adequate for the much smaller organization we were at that point. However, we were quickly outgrowing its capabilities. MIP offers a far greater level of sophistication in all of its capabilities. The integrated …
    Incentivized
    Chose MIP Fund Accounting
    We used to use Peachtree but I was informed that it was pretty much the same program, just more advanced.
    Incentivized
    Sage
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    MIP Fund AccountingSage 50
    Payroll Management
    Comparison of Payroll Management features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    8.9
    18 Ratings
    Pay calculation00 Ratings10.017 Ratings
    Benefit plan administration00 Ratings8.612 Ratings
    Direct deposit files00 Ratings8.013 Ratings
    Salary revision and increment management00 Ratings8.913 Ratings
    Reimbursement management00 Ratings8.913 Ratings
    Customization
    Comparison of Customization features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    10.0
    12 Ratings
    API for custom integration00 Ratings10.010 Ratings
    Plug-ins00 Ratings10.011 Ratings
    Security
    Comparison of Security features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    8.9
    26 Ratings
    Single sign-on capability00 Ratings9.021 Ratings
    Role-based user permissions00 Ratings8.723 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    9.8
    28 Ratings
    Dashboards00 Ratings9.327 Ratings
    Standard reports00 Ratings10.028 Ratings
    Custom reports00 Ratings10.027 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    9.2
    31 Ratings
    Accounts payable00 Ratings10.030 Ratings
    Accounts receivable00 Ratings10.029 Ratings
    Cash management00 Ratings8.929 Ratings
    Bank reconciliation00 Ratings10.029 Ratings
    Expense management00 Ratings8.527 Ratings
    Time tracking00 Ratings8.313 Ratings
    Fixed asset management00 Ratings6.818 Ratings
    Multi-currency support00 Ratings6.911 Ratings
    Multi-division support00 Ratings9.014 Ratings
    Regulations compliance00 Ratings9.013 Ratings
    Electronic tax filing00 Ratings9.815 Ratings
    Self-service portal00 Ratings9.011 Ratings
    Global Financial Support00 Ratings9.04 Ratings
    Primary and Secondary Ledgers00 Ratings10.06 Ratings
    Intercompany Accounting00 Ratings8.67 Ratings
    Localizations00 Ratings10.06 Ratings
    Journals and Reconciliations00 Ratings9.218 Ratings
    Enterprise Accounting00 Ratings10.07 Ratings
    Configurable Accounting00 Ratings9.98 Ratings
    Centralized Rules Framework00 Ratings9.85 Ratings
    Standardized Processes00 Ratings9.912 Ratings
    Inventory Management
    Comparison of Inventory Management features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    9.4
    17 Ratings
    Inventory tracking00 Ratings10.017 Ratings
    Automatic reordering00 Ratings8.910 Ratings
    Location management00 Ratings10.08 Ratings
    Manufacturing module00 Ratings8.98 Ratings
    Order Management
    Comparison of Order Management features of MIP Fund Accounting and Sage 50
    Feature
    MIP Fund Accounting
    -
    Ratings
    Sage 50
    9.2
    22 Ratings
    Pricing00 Ratings9.917 Ratings
    Order entry00 Ratings9.919 Ratings
    Credit card processing00 Ratings7.912 Ratings
    Cost of goods sold00 Ratings6.819 Ratings
    Order Orchestration00 Ratings10.06 Ratings
    End-to-end order visibility00 Ratings9.97 Ratings
    Order exception Resolution00 Ratings10.06 Ratings
    User Ratings
    MIP Fund AccountingSage 50
    Likelihood to Recommend
    8.7
    (434 ratings)
    9.1
    (41 ratings)
    Likelihood to Renew
    9.5
    (130 ratings)
    9.1
    (14 ratings)
    Usability
    8.3
    (100 ratings)
    9.5
    (11 ratings)
    Availability
    10.0
    (15 ratings)
    -
    (0 ratings)
    Performance
    8.7
    (90 ratings)
    -
    (0 ratings)
    Support Rating
    8.5
    (99 ratings)
    10.0
    (7 ratings)
    In-Person Training
    10.0
    (9 ratings)
    -
    (0 ratings)
    Online Training
    8.0
    (7 ratings)
    -
    (0 ratings)
    Implementation Rating
    6.1
    (28 ratings)
    9.1
    (5 ratings)
    Configurability
    8.4
    (8 ratings)
    -
    (0 ratings)
    CPA Rating
    -
    (0 ratings)
    8.2
    (4 ratings)
    Ease of integration
    9.6
    (13 ratings)
    -
    (0 ratings)
    Product Scalability
    8.1
    (15 ratings)
    9.1
    (1 ratings)
    Vendor post-sale
    9.7
    (13 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.9
    (13 ratings)
    -
    (0 ratings)