Compare Optimy Software and MIP Fund Accounting - May 2022

Shlomi LaviShlomi Lavi / May 24, 2022

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

Optimy Software is more expensive to implement (TCO) than MIP Fund Accounting, and Optimy Software is rated higher (84/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than Optimy Software (5).

Looking for the right Non-Profit 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:

Optimy Vs. Abila Inc

Optimy: Our primary team is based in Brussels. Having all team members sitting next to each other allows for efficient communication and collaboration among departments. Our internal organisation makes it possible to respond to the needs of our users in the quickest time possible. The Team is made up of 50 passionate individuals coming from 14 different co...

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? Optimy Software or MIP Fund Accounting?

The real total cost of ownership (TCO) of Non-Profit 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 Optimy Software and MIP Fund Accounting.

Optimy Software price starts at $6,500 per year , On a scale between 1 to 10 Optimy Software is rated 4, which is lower than the average cost of Non-Profit 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 Non-Profit software cost.

Bottom line: Optimy Software is more expensive than MIP Fund Accounting.

Which software includes more/better features?

We've compared Optimy Software Vs. MIP Fund Accounting based on some of the most important and required Non-Profit features.

Optimy Software: Online Customer Support, Online Marketing, Compliance , Governance, Risk and Compliance (GRC), Contract Management.

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

Target customer size

Optimy Software's typical customers include: Small, medium and large size businesses, MIP Fund Accounting is suitable for all types of business.



Optimy Software

ITQlick rating
(4.5/5)

starts at $6,500 per year

Optimy is a SaaS-based Nonprofit software that assists sponsors in managing their CSR (Corporate Social Responsibility) operations through optimizations and measurements.

Categories: Online Meeting, Online CRM, Inventory Control, Governance, Risk and Compliance (GRC).

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

Optimy Software: 5 Features

Online Customer Support
Online Marketing
Compliance
Governance, Risk and Compliance (GRC)
Contract Management

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
Optimy S...
ITQlick rating
4.5/5
Score
84/100
Pricing
4.2/10
License pricing
$6,500 per year
Functionality
16
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
DonorPerfect
ITQlick rating
4.5/5
Score
97/100
Pricing
4/10
License pricing
$99 per month
Functionality
8
eTapestry
ITQlick rating
4.1/5
Score
91/100
Pricing
4.4/10
License pricing
$99 per month
Functionality
13
Sign Up ...
ITQlick rating
4.6/5
Score
90/100
Pricing
2.6/10
License pricing
$8.99 per month
Functionality
7

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.