Compare MIP Fund Accounting and MultiCHAX - Mar 2022

Shlomi Lavi

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

MultiCHAX is more expensive to implement (TCO) than MIP Fund Accounting, and MultiCHAX is rated higher (92/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than MultiCHAX (3).

Looking for the right Church Management 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:

Abila Inc Vs. Chax, Inc.

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...

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

Who is more expensive? MIP Fund Accounting or MultiCHAX?

The real total cost of ownership (TCO) of Church Management 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 MIP Fund Accounting and MultiCHAX.

MIP Fund Accounting price starts at $0.10 per license , On a scale between 1 to 10 MIP Fund Accounting is rated 2, which is much lower than the average cost of Church Management software. MultiCHAX price starts at $99 per license , When comparing MultiCHAX to its competitors, the software is rated 6 - similar to the average Church Management software cost.

Bottom line: MultiCHAX is more expensive than MIP Fund Accounting.

Which software includes more/better features?

We've compared MIP Fund Accounting Vs. MultiCHAX based on some of the most important and required Church Management features.

MIP Fund Accounting: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Check Printing, Credit Card Processing.

MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

MIP Fund Accounting is suitable for all types of business. Customers of the software mainly include small and medium businesses with backgrounds in various major industries.