Compare MIP Fund Accounting and NetSuite Financials - Apr 2022

Shlomi Lavi

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

NetSuite Financials is more expensive to implement (TCO) than MIP Fund Accounting, and NetSuite Financials is rated higher (89/100) than MIP Fund Accounting (75/100). NetSuite Financials offers users more features (16) than MIP Fund Accounting (15).

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. NetSuite

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...

NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.   More than 12,000 high-growth and midsized companies and divisions of large enterprises...

Who is more expensive? MIP Fund Accounting or NetSuite Financials?

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 NetSuite Financials.

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. NetSuite Financials price starts at $499 per user/month , When comparing NetSuite Financials to its competitors, the software is rated 2 - much lower than the average Church Management software cost.

Bottom line: MIP Fund Accounting cost is around the same cost of NetSuite Financials.

Which software includes more/better features?

We've compared MIP Fund Accounting Vs. NetSuite Financials 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.

NetSuite Financials: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.

Target customer size

MIP Fund Accounting is suitable for all types of business. Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.