Compare MIP Fund Accounting and Raiser’s Edge NXT - Sep 2022

Shlomi Lavi

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Bottom Line: Which is Better - MIP Fund Accounting or Raiser’s Edge NXT?

Raiser’s Edge NXT is more expensive to implement (TCO) than MIP Fund Accounting, and Raiser’s Edge NXT is rated higher (86/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than Raiser’s Edge NXT (0).

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:

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Who is more expensive? MIP Fund Accounting or Raiser’s Edge NXT?

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 Raiser’s Edge NXT.

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. Raiser’s Edge NXT price starts at $5,000 per license , When comparing Raiser’s Edge NXT 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 Raiser’s Edge NXT.

Which software includes more/better features?

We've compared MIP Fund Accounting Vs. Raiser’s Edge NXT 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.

Raiser’s Edge NXT: We are still working to collect the list of features for Raiser’s Edge NXT.

Target customer size

MIP Fund Accounting is suitable for all types of business. The main customer target of Raisers Edge NXT are the non-for-profit organizations or those small businesses (having less than 200 employees) to medium-sized (500 to 1,500 employees) engaging in non-profit activities, mainly those engaging with the use of fundraising and donor management.