Compare SilkStart and MIP Fund Accounting - May 2022

Shlomi LaviShlomi Lavi / May 21, 2022

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

SilkStart is more expensive to implement (TCO) than MIP Fund Accounting, and SilkStart is rated higher (84/100) than MIP Fund Accounting (75/100). MIP Fund Accounting offers users more features (15) than SilkStart (0).

Looking for the right Membership 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:

SilkStart Technology Vs. Abila Inc

SilkStart Technology: SilkStart is a membership management platform that helps organizations get more happy members and sell out more events. SilkStart makes it easy for anyone to create an online membership community while eliminating the pain to do any costly back-office work. Membership organizations use SilkStart to reduce operational and marketing costs, improve...

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? SilkStart or MIP Fund Accounting?

The real total cost of ownership (TCO) of Membership 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 SilkStart and MIP Fund Accounting.

SilkStart price starts at $200 per month , On a scale between 1 to 10 SilkStart is rated 4, which is lower than the average cost of Membership Management 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 Membership Management software cost.

Bottom line: SilkStart is more expensive than MIP Fund Accounting.

Which software includes more/better features?

We've compared SilkStart Vs. MIP Fund Accounting based on some of the most important and required Membership Management features.

SilkStart: We are still working to collect the list of features for SilkStart.

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

Target customer size

SilkStart's typical customers include: Small businesses and start ups, MIP Fund Accounting is suitable for all types of business.

SilkStart

ITQlick rating
(4.4/5)

starts at $200 per month

Silkstart is a membership management software for non-profits and associations to manage members, smoothen communication channels, generate revenue, and manage donations.

Categories: Billing & Invoicing, Email Marketing, Event Management, Association Management.

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

SilkStart: 0 Features

We are working to collect the list of features

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
SilkStart
ITQlick rating
4.4/5
Score
84/100
Pricing
4/10
License pricing
$200 per month
Functionality
9
Compare
MIP Fund...
ITQlick rating
4.2/5
Score
75/100
Pricing
2.8/10
License pricing
$0.10 per license
Functionality
29
Membermouse
ITQlick rating
3.3/5
Score
92/100
Pricing
4.2/10
License pricing
$29 per month
Functionality
9
MemberClicks
ITQlick rating
4.3/5
Score
90/100
Pricing
4/10
License pricing
$275 per month
Functionality
7
memberpl...
ITQlick rating
4.7/5
Score
90/100
Pricing
8.6/10
License pricing
$50 per month
Functionality
3

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.