Posts by MIP Team
From a Vision To The Accounting Leader – A Brief History of MIP’S First 40 Years
Reading Time: 4 minutes What 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 minutes Create 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 minutes Your 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 minutes As today’s leading accounting software for nonprofits and governmental organizations, MIP Fund 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…
Read MoreHow Area Agency on Aging of Southwest Arkansas Grew with MIP
Reading Time: 3 minutes MIP Fund 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 Fund Accounting as proprietary software for “those who need the difference,” kicking off a storied history ripe with innovation. After a successful…
Read MoreMIP Fund Accounting Earns 3 Top Rated Awards from TrustRadius
Reading Time: < 1 minute MIP Fund Accounting® earned 2022 Top Rated Awards from TrustRadius in Nonprofit Accounting, Accounts Payable, and Expense Management categories.
Read MoreAlice in Budgetland? Journeying Down the Financial Rabbit Hole of What-Ifs
Reading Time: 3 minutes Curiouser and curiouser? When you’re managing your organization’s finances, you need to journey down the rabbit hole of ‘what-ifs’ and be prepared for every scenario. Planning for the possibilities prepares your organization for the unexpected, and if the hypothetical becomes a reality, you’ll already know what to do.
Read MoreWhy Organizations are Moving to the Cloud
Reading Time: 4 minutes Nonprofit 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.
Read MorePower Up, Level Up, and Accomplish Your Nonprofit Organization’s Top Goals
Reading Time: 4 minutes Unlocking Level 1: Staffing and Retention Unlocking Level 2: Managing Data Unlocking Level 3: Compliance Unlocking Level 4: Technology: Integration, Automation, Cybersecurity You don’t need an extra life to do the most for your nonprofit. As CFOs and finance team leaders, your focus is beyond just finance; you’re tasked with powering up your whole team…
Read MoreFinding the right accounting software for your association
Reading Time: 2 minutes There’s nothing simple about managing the financials of an association. The day-to-day challenges of collecting membership dues, budgeting and reporting can easily turn your job into one hectic spreadsheet. The right accounting software is the difference between a walk in the park and a whole lot more work for staff; using the right technology will…
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