Posts by MIP Team
MIP Customer Resource Library: How to Maximize MIP for Audits
Reading Time: 3 minutesYour organization is already in charge of its financial story using MIP Fund Accounting®, and when it comes time for an audit, we’ve got you covered there as well. MIP helps speed up and simplify your audit prep.
Read MoreFixing the Inability to Manage Data in Human Service Organizations
Reading Time: 9 minutesHaving accurate data is essential for many organizations, especially human services organizations. Whether your human service organization is in government, the private sector, or a nonprofit, it depends on data to measure program success, ensure compliance, and generate reports. Good quality data can help your human service organization accomplish a wide range of tasks more…
Read MoreFrom The Lighter Side at MIP History
Reading Time: 3 minutesMIP’s pursuit of excellence in its 40 years is evidenced by its long list of customers, awards, and reputation. That said, there have been some “lighter” moments that are fondly remembered during its evolution through the years. In the early 1990s, before the advent of email (and long before PDFs and the cloud), it was…
Read MoreBuckets of Saving for Buying a Nonprofit Accounting Solution
Reading Time: 8 minutesAmong the nonprofit professionals we surveyed, almost half use six digital tools to perform their duties. As many as 23% rely on eight digital tools. However, reduced efficiency results from this complex digital infrastructure, and 78% of nonprofit professionals report spending about a quarter of the workday juggling between several systems. Fortunately, you can increase efficiency and…
Read MoreHonoring Our History
Reading Time: 2 minutesWhile MIP began as a vision shared by Bill Locklear and Hans “Rusty” Turley, it is Locklear who, according to the legend, dedicated space in his home for creating the original software that went on to become today’s powerful MIP Accounting solution. But there was more to Locklear than being simply a product inventor. “I…
Read MoreFrom a Vision To The Accounting Leader – A Brief History of MIP’S First 40 Years
Reading Time: 3 minutesWhat started in Austin, Texas, in 1982 as two men with a vision to develop a flexible, easy-to-use fund accounting system for the nonprofit sector is now the leading accounting software for a wide variety of nonprofits. Forty years later, MIP Fund Accounting is thriving across health
Read MoreTips for Grant Tracking
Reading Time: 4 minutesCreate a Calendar Coordinate Team Roles and Responsibilities Tracking and Reporting Use Software Grants are essential for nonprofit organizations, and they are responsible for much of the good work that happens within communities. Managing your grants is essential to ensure your organization’s success. After the application process, receiving and tracking your grant funding is a…
Read MoreWhy Your Nonprofit Needs to Report a Statement of Activities
Reading Time: 3 minutesYour nonprofit works to accomplish its mission, and when it comes to communicating that to donors and external stakeholders, no document is as helpful as a statement of activities. What is a Nonprofit Statement of Activities? A statement of activities shows your organization’s revenue and expenses over a reporting period and relays that your organization…
Read MoreOpen Banking With Mastercard: How MIP Connects Your Financial Data
Reading Time: 3 minutesAs today’s leading accounting software for nonprofits and governmental organizations, MIP Accounting lets you manage finances, track every fund, and follow every dollar. But have you ever wondered how we make that happen? What’s going on behind the scenes to power our robust reporting platform? The answer is: only the very best financial technology (FinTech)…
Read MoreHow Area Agency on Aging of Southwest Arkansas Grew with MIP
Reading Time: 3 minutesMIP Accounting® is celebrating 40 years of working with more than 6,000 nonprofits, and it’s been quite the journey. Micro Information Products was founded in Austin in 1982. The company released MIP Accounting as proprietary software for “those who need the difference,” kicking off a storied history ripe with innovation. After a successful launch, MIP…
Read MoreMIP Accounting Earns 3 Top Rated Awards from TrustRadius
Reading Time: < 1 minuteMIP Fund Accounting® earned 2022 Top Rated Awards from TrustRadius in Nonprofit Accounting, Accounts Payable, and Expense Management categories.
Read MoreWhy Organizations are Moving to the Cloud
Reading Time: 4 minutesNonprofit professionals are moving towards cloud-based solutions as the nonprofit sector has moved towards a web-based workforce. Read more to find out if MIP Cloud is right for you.
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