Accounting with your future in mind
MIP Fund Accounting® is a future-proof, cloud-based, SaaS solution that is a mission-driven partner for its customers. With feedback as the ultimate driver of our development, we have a full suite of modules that are ready to be implemented when you need them. Our modules seamlessly integrate into your existing MIP® software and allow for unlimited improvements. And, our support team partners with you every step of the way.
Our team is here to help you find the modules you need & implement them in an expedient and efficient process. Each of our add-on modules has been designed by a team of solutions engineers based on feedback from current MIP® customers. Whether you need additional security to prevent fraud or a deeper reporting functionality, these modules can be added to your MIP® software suite whenever you need them and are ready to grow with you.
As your organization continues to manage multiple funds, we know the need for a reliable, transparent, and audit-friendly program is necessary. We’ve developed modules to make your finance team’s jobs easier and more automated.
At MIP Fund Accounting®, we grow with you.
Our advanced security module enables you to extend access to the MIP system to users outside of the finance department, while also restricting their access to specific data. Being able to pro-actively control who accesses data and who can change data is a key component of fraud protection and detection.
Allocate indirect costs or pooled investment revenue between funding sources, departments, and programs quickly and easily without complex external spreadsheets. If you’re managing multiple spreadsheets, this module will help reduce your time and improve your workload and workflow.
Create invoices as often as needed, plus request payments, manage prepayments, and create customer statements with flexibility for custom billing cycles. This module also helps users identify and reduce errors on invoices and billing, as well as clerical errors or duplications.
Streamline daily tasks using automated workflows for timesheets and inventory within MIP Fund Accounting.
Easily designate vendors as either check or EFT vendors and reduce or eliminate inefficiencies.
Collaborate in the budget preparation process and free your accounting staff from running and distributing reports – all without the cost of purchasing full software seats.
Specifically designed for government organizations, the GASB (Governmental Accounting Standards Board) Reporting module allows users to easily create GASB-compliant reports. By using this reporting, you can ensure to meet the GASB’s goal for ensuring accounting standards that yield information that users need to assist them in making decisions about a government and to assist them in assessing whether it has been accountable for the resources that have been entrusted to it.
Access your financial data within Microsoft Excel®, and create presentation-quality financial statements for your board, management, and other key stakeholders. Being able to easily produce clear and financial statements mitigates uncertainty with your stakeholders, audits, and donors.
Maintain and report on an unlimited number of active currencies, rates, and rate types to create and process transactions. As donors and funders donate from all sources, you’ll find this module particularly helpful in reducing manual calculating of rates and currencies.
Modules designed to drive your mission.
Our modules make a difference to the organizations we serve. Let’s show you how they can make a difference for you as well.
Elevate Your Accounting System’s Security
As organizations grow more people gain access to financials. Our MIP Advanced Security module ensures your organization only grants access to the people who should have it – the module specifically allows organizations to restrict access to data entry and reporting based on elements of the Chart of Accounts.
Do more for less
Another common issue MIP can help overcome is steering organizations to an easier way to manage multiple funds. Many organizations incur indirect costs or receive revenue that must be allocated across multiple accounts based on criteria not available at the time that the entry is first recorded.
With the MIP Allocations Management modules, your organizations can automate the often-painful task of allocating indirect costs and pooled investments. This automation will help your nonprofit avoid substantial offline work. Do more with less.
Eliminate fraud, improve audit trails
Sub: The right technology infrastructure can mean all the difference between an effective, efficient, expedient organization. The internal audit process is geared to provide independent assurance of compliance with your organization’s internal controls and their effectiveness in mitigating financial and operational risk.
Good controls are derived from adopting required and known processes with knowledgeable staff and a framework established and delivered by organizational leadership and financial management.
With our modules, you can set your internal controls and automate the audit trail. With these internal controls and increased automation in the audit trail, you can ensure a higher protection level against fraud within your organization or externally. Our modules help you provide the highest level of reporting to stakeholders and donors with less worry over mistakes.
Explore Available Modules
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