Sage Intacct or Abila MIP: Which is Right for You?

Compare the features of both accounting software packages to determine the best fit for your company.

How to Choose Between Sage Intacct and Abila MIP

Are you in need of an upgrade to your financial systems? Small and medium-sized businesses using older accounting or ERP solutions often look for ways to improve business efficiencies. Whether you need to keep up with the competition or keep up with company growth, chances are you may be evaluating Abila MIP vs. Sage Intacct.

Here at DWD, we have experience with both and are in a unique position to help you decide. As a Sage Software Certified Partner since 2001, our experts can help you understand the differences and how to make the best choice for your organization.

High Level Comparison

Both Sage Intacct and Abila MIP are accounting software packages that offer strong reporting capabilities and extended accounting features like payroll. MIP specializes in nonprofits while Sage Intacct offers support for nonprofits as well as other businesses and industries. In addition, Sage Intacct also includes integrated ERP functionality beyond financials.

Abila MIP began as an on-premises system with a cloud version released in 2015. It is an established product that offers flexible reporting, budgeting, and built-in alerts for fraud detection. Based in Austin Texas, Abila has about 117 employees and 4,000 customer installations.

While MIP has been a great fund accounting solution for nonprofits since 1982, it does have a few limitations including:  limited integrations that results in a lot of manual data import/exporting between systems, difficulties in financial reporting because of manual data import/export between MIP and Excel, it also lacks real-time visibility into organizational finances due to the manual processes.

Sage Intacct is a true cloud solution and is a leader on the G2 NFP Accounting Software grid as well as the only preferred provider of the American Institute of Certified Public Accountants (AICPA). The organization has nearly 1,000 employees and over 12,000 customers worldwide. The solution offers more robust dashboards, multi-entity functionality, and drilldown capabilities and is easy to scale for new locations, programs, and funds.

MIP vs. Sage Intacct General Ledger Feature Comparison

The following chart comes from a third party, Trust Radius, as part of their software review.

General Ledger Features Abila MIP Sage Intacct
Accounts Payable × ×
Accounts Receivable × ×
Cash Management × ×
Bank Reconciliation × ×
Expense Management × ×
Time Tracking × ×
Fixed Asset Management × ×
Multi-Currency Support × ×
Multi-Division Support × ×
Regulations Compliance × ×
Electronic Tax Filing × ×
Self-service Portal × ×
Global Financial Support ×
Primary and Secondary Ledgers
Intercompany Accounting ×
Localizations
Journals and Reconciliations ×
Enterprise Accounting ×
Configurable Accounting ×
Centralized Rules Framework ×
Standardized Processes × ×
Customization Features Abila MIP Sage Intacct
API for custom integration × ×
Plug-ins × ×
Security Features Abila MIP Sage Intacct
Role-based user permissions × ×
Single sign-on capability × ×
Multi-factor authentication ×
User-level audit trail × ×

As you can see, Sage Intacct offers more overall General Ledger functionality. In addition, Sage Intacct has more powerful operational features many industries need and not offered with Abila, including:

  • Inventory tracking
  • Automatic reordering
  • Location management
  • Manufacturing
  • Credit card processing
  • COGS

Choosing the Right Solution

It is important to know what processes and improvements you want that your current system doesn’t support to understand the value of a true-cloud solution for your business now and into the future. Ultimately, you need to choose the solution that best fits the criteria you choose for your business.

But you don’t need to make that choice on your own. DWD offers a free Software Needs Assessment to help you find the best software for your unique needs. Our experts can help you choose the right solution for your requirements.