Compare Oracle Fusion Financial and MIP Fund Accounting - Mar 2022

Shlomi LaviShlomi Lavi / Mar 28, 2022

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Bottom Line: Which is Better - Oracle Fusion Financial or MIP Fund Accounting?

Oracle Fusion Financial is more expensive to implement (TCO) than MIP Fund Accounting, and Oracle Fusion Financial is rated higher (90/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than Oracle Fusion Financial (3).

Looking for the right Accounting & Finance 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:

Oracle Corporation Vs. Abila Inc

Oracle Corporation: Oracle Corporation is a computer technology corporation that specializes in developing and marketing computer hardware systems and enterprise software products – particularly database management systems. Employing approximately 113,644 people worldwide as of 30 June 2012,it has enlarged its share of the software market through organic growth and th...

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? Oracle Fusion Financial or MIP Fund Accounting?

The real total cost of ownership (TCO) of Accounting & Finance 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 Oracle Fusion Financial and MIP Fund Accounting.

Oracle Fusion Financial price starts at $600 per user/month , On a scale between 1 to 10 Oracle Fusion Financial Management is rated 4, which is lower than the average cost of Accounting & Finance 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 Accounting & Finance software cost.

Bottom line: Oracle Fusion Financial is more expensive than MIP Fund Accounting.

Which software includes more/better features?

We've compared Oracle Fusion Financial Vs. MIP Fund Accounting based on some of the most important and required Accounting & Finance features.

Oracle Fusion Financial: Data Import/Export, Basic Reports, Online Customer Support.

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

Target customer size

Oracle Fusion Financial Management is an extensive suite of applications that can be deployed in any business regardless of size and type. MIP Fund Accounting is suitable for all types of business.



Oracle Fusion Financial

ITQlick rating
(3.6/5)

starts at $600 per user/month

Oracle Fusion Financial Management is an accounting and finance software which offers integrated and comprehensive solutions for small to large enterprises. It has accounting management, billing and invoicing, ...

Categories: Core Accounting, Budgeting & CPM, Financial reporting.

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

Oracle Fusion Financial: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

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
Oracle F...
ITQlick rating
3.6/5
Score
90/100
Pricing
5.8/10
License pricing
$600 per user/month
Functionality
6
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
Denali B...
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$1,999 per license
Functionality
16
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5

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.