Compare Adminsoft Accounts and MIP Fund Accounting - Mar 2022

Shlomi LaviShlomi Lavi / Mar 28, 2022

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Bottom Line: Which is Better - Adminsoft Accounts or MIP Fund Accounting?

Adminsoft Accounts is more expensive to implement (TCO) than MIP Fund Accounting, and Adminsoft Accounts is rated higher (92/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than Adminsoft Accounts (6).

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Adminsoft Vs. Abila Inc

Adminsoft: Adminsoft develops Adminsoft Accounts software.Adminsoft Accounts is developed by a small business owner for use by other small business owners. So it isn't full of accounting jargon, it's easy to use by people who don't have an accounting degree, it works the way small business people tend to work, not the way accountants work. You can use as m...

Abila Inc: Abila serves strategic leaders and managers in dynamic nonprofit organizations and government agencies through high-value solutions. Organizations trust Abila to simplify and streamline processes in order to perform their best work and focus on delivering their unique mission. For Abila, it’s personal and backed by a team with more than 30 years o...

Who is more expensive? Adminsoft Accounts or MIP Fund Accounting?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Adminsoft Accounts and MIP Fund Accounting.

Adminsoft Accounts price starts at $259 per license , On a scale between 1 to 10 Adminsoft Accounts is rated 6, which is similar to the average cost of Core Accounting software. MIP Fund Accounting price starts at $0.10 per license , When comparing MIP Fund Accounting to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: Adminsoft Accounts is more expensive than MIP Fund Accounting.

Which software includes more/better features?

We've compared Adminsoft Accounts Vs. MIP Fund Accounting based on some of the most important and required Core Accounting features.

Adminsoft Accounts: Accounts Payable, Accounts Receivable, Billing & Invoicing, Core Accounting, Fixed Asset Management, PO: Purchase orders.

MIP Fund Accounting: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

The software is a useful product mainly for small and medium businesses, although there is no restriction on industrial affiliation. MIP Fund Accounting is suitable for all types of business.



Adminsoft Accounts

ITQlick rating
(4.4/5)

starts at $259 per license

Adminsoft Accounts software is a free accounting solution designed for small to mid-level businesses and can also be deployed as an on-premise solution. The software incorporates numerous features and functiona...

Categories: Accounts Payable, Accounts Receivable, Billing & Invoicing, Core Accounting.

MIP Fund Accounting

ITQlick rating
(4.2/5)

starts at $0.10 per license

MIP Fund Accounting is financial management software that was initially designed for nonprofits and government organizations. It offers all the necessary solutions for business finances and has over 8,000 custo...

Categories: Accounting & Finance, Billing & Invoicing, Budgeting & CPM, Core Accounting, Financial reporting.

Compare specifications

Compare features

Adminsoft Accounts: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Core Accounting
Fixed Asset Management
PO: Purchase orders

MIP Fund Accounting: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Check Printing
Credit Card Processing
Fund-Accounting
General-Ledger
Multi-Currency
P&L Statement
Sales Reporting
Tax compliance
Time & Expense
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Adminsof...
ITQlick rating
4.4/5
Score
92/100
Pricing
6.8/10
License pricing
$259 per license
Functionality
13
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.