Shlomi Lavi /
Mar 28, 2022
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Bottom Line: Which is Better - MIP Fund Accounting or TRAVERSE?
TRAVERSE is more expensive to implement (TCO) than MIP Fund Accounting, and TRAVERSE is rated higher (77/100) than MIP Fund Accounting (75/100). TRAVERSE offers users more features (20) 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. Open Systems, 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...
Open Systems, Inc.: For over 35 years, Open Systems has collaborated with partners, consultants, and developers to deliver adaptable solutions. Together, our reselling partners, dedicated support staff, and enthusiastic employees stand ready to help you achieve your goals.With adaptable solutions, friendly service, extensive experience, and an ever-present eye on new ...
Who is more expensive? MIP Fund Accounting or TRAVERSE?
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 TRAVERSE.
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. TRAVERSE price starts at $1,200 per license , When comparing TRAVERSE to its competitors, the software is rated 6 - similar to the average Church Management software cost.
Bottom line: TRAVERSE is more expensive than MIP Fund Accounting.
Which software includes more/better features?
We've compared MIP Fund Accounting Vs. TRAVERSE 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.
TRAVERSE: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.
Target customer size
MIP Fund Accounting is suitable for all types of business. Traverse is best for small to large sized businesses and enterprises.