MIP Fund Accounting Software

When you operate a nonprofit organization, there is more pressure to maintain compliance with the IRS and your accounting processes. That’s why you chose MIP Fund Accounting in the first place.

Though MIP software was designed to meet the unique needs of nonprofit organizations, it also served government entities well up until recently. No matter how you used the software, we are sure that you have noticed a decline in the quality of MIP functions and features. You also might have felt that it is falling behind the accounting software used by other nonprofit organizations.

We know that this seems troubling, but Kerr Consulting is prepared to provide you with the support as your MIP advisor. Not only can we help you continue to get the most out of your investment, but we can also help you guide you through the next steps for your organization.

What is Happening to MIP Fund Accounting?

Over the last few years, we’ve been monitoring some some troubling trends in regards to the MIP Fund Accounting program. Though it once was a product we were proud to recommend, it has failed to receive any beneficial upgrades in years. We had hoped to see more substantial improvements given that it has been around for nearly a decade. However, it has started to fall farther and farther behind many of its competitors.

For that reason, we have grown concerned about the viability of the product. While we remain committed to helping your organization get the most out of this system, we are now suggesting that our clients migrate from MIP to a more valuable product. You don’t have to stress over the transition, however. We are happy to help every step of the way.

How Can I Transition to Another Nonprofit Accounting Software?

We know how daunting big changes can be in the workplace, so we are dedicated to making your transition as smooth as possible. You may have received an introduction email from a Community Brands account manager suggesting that you switch to Community Brands directly.

However, we are confident that Kerr Consulting will remain your best resource. Change is certainly coming, but we will continue to offer the same support you have come to expect from out trusted consultants. With the help of our professionals, you can get the training, consulting, and services you need to continue using MIP for your immediate needs.

That’s not all.

Our goal is to prepare you for the inevitable, so we will simultaneously help you select a new product to transition to. We will work closely to discuss your budget, needs, and accounting systems so that we can choose the most logical product. From there, we will work with you and your employees to make that transition seamless. Not only will we help you to install and train for the new product, but we will also help you migrate all of your data so that you never miss a beat.

What is an Alternative to MIP Fund Accounting?

At Kerr Consulting, our number one priority is providing your organization with support as your mature and advance. Therefore, we recommend that you make the switch from MIP Fund Accounting to Sage Intacct. We feel that is the next logical replacement as there is no doubt that is the future flagship accounting software for Sage.

It is already rated #1 with accountings and AICPA members, but we are expecting even bigger and better things. From what we have observed, Sage is making tremendous investments into making this product the best in the business. Between these improvements and the imminent release of Payroll, we are excited to recommend this product to any MIP Fund Accounting users.

MIP Fund Accounting Features

We understand that you chose MIP Fund Accounting for the functions and features that simplify your accounting process. Therefore, we would only recommend Sage if it could match up in terms of:

•  Multi-Dimensional Chart of Accounts: If you need to track multiple fund accounts, we’ll match you with software that lets you monitor each account individually or look at the big picture.
• Security & Fraud Protection: While other accounting software offers a lot of bell and whistles, some neglect their security and fraud prevention tools. That’s not the case with MIP or Sage Intacct. They both offer advanced features for exceptional protection.
• Built-in Dashboards: Our consultants can match you with a software that gives you a quick overview of the performance and health of all accounts in the easy-to-view dashboards. We’ll even make sure the dashboards are customizable like MIP Fund Accounting.
• Configurable Reporting: We understand how important it is that your accounting software allows you to configure all of your reports to fit your organization’s needs. Whether you have several outstanding invoices or need to record multiple donations, you can organize helpful reports for decision-making with MIP Fund Accounting or Sage.
• Payroll & Human Resource Tools: When you have to rely on multiple systems to handle your business operations, you are at risk for human error. Fortunately, MIP Fund Accounting and Sage Intacct make it easy to incorporate payroll and HR data with your other accounting tools.
• Compliance Reports: You shouldn’t have to stress about complying with FASB and GASB rules and regulations. The right software automates compliance to take the pressure off of your accounting professionals.

Learn More About Switching from MIP Fund Accounting to Sage Intacct

Are you interested in learning more about the future of MIP Fund Accounting and what that means for your organization? If so, we recommend that you contact us at Kerr Consulting right away. Our helpful consultants can discuss all of your accounting needs to discuss if Sage Intacct would be a good alternative. We can also answer any questions you have about pricing or features.

Getting in touch with us is easy! You can call to speak with one of our helpful service representatives over the phone, or you can schedule an in-person consultation. We also have a convenient online form and chat feature so you can contact us any time.