Compare Intacct Financial and MIP Fund Accounting - Apr 2022

Shlomi LaviShlomi Lavi / Apr 12, 2022

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

Intacct Financial is more expensive to implement (TCO) than MIP Fund Accounting, and Intacct Financial is rated higher (89/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than Intacct Financial (8).

Looking for the right Core Accounting 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:

Intacct Corporation Vs. Abila Inc

Intacct Corporation: Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications are used by more than 6,000 businesses from startups to public companies and are designed to improve company performan...

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? Intacct Financial or MIP Fund Accounting?

The real total cost of ownership (TCO) of Core Accounting 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 Intacct Financial and MIP Fund Accounting.

Intacct Financial price starts at $15,000 per year , On a scale between 1 to 10 Sage Intacct is rated 6, which is similar to the average cost of Core Accounting 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 Core Accounting software cost.

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

Which software includes more/better features?

We've compared Intacct Financial Vs. MIP Fund Accounting based on some of the most important and required Core Accounting features.

Intacct Financial: Accounts Payable, Accounts Receivable, Cash Flow, Multi-Currency, Project-Accounting, Purchase Orders, Sales Reporting, Time & Expense.

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

Target customer size

Intacct Financial Management extends support to small and medium sized companies. MIP Fund Accounting is suitable for all types of business.



Intacct Financial

ITQlick rating
(4.2/5)

starts at $15,000 per year

Intacct Financial management software (now Sage intact) is an integrated, cloud-based financial and accounting management solution for small, mid-market, and big enterprise businesses.

Categories: Billing & Invoicing, Budgeting & CPM, Core Accounting, 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

Intacct Financial: 8 Features

Accounts Payable
Accounts Receivable
Cash Flow
Multi-Currency
Project-Accounting
Purchase Orders
Sales Reporting
Time & Expense

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
Intacct ...
ITQlick rating
4.2/5
Score
89/100
Pricing
6/10
License pricing
$15,000 per year
Functionality
27
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

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.