Shlomi Lavi /
Feb 03, 2023
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Bottom Line: Which is Better - Tier1 or Abila MIP Fund Accounting?
Abila MIP Fund Accounting is more expensive to implement (TCO) than Tier1, and Abila MIP Fund Accounting is rated higher (79/100) than Tier1 (66/100). Abila MIP Fund Accounting offers users more features (3) than Tier1 (0).
Looking for the right Fund 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:
Tier1 Financial Solutions Vs. Abila Inc
Tier1 Financial Solutions: Tier1 Financial Solutions is a leader in global relationship management software, purpose-built for capital markets, investment banking and investment management professionals. We empower our clients to increase productivity, reduce relationship risks and enhance customer ROI.
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? Tier1 Financial Solutions or Abila MIP Fund Accounting?
The real total cost of ownership (TCO) of Fund 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 Tier1 Financial Solutions and Abila MIP Fund Accounting.
Tier1 Financial Solutions price starts at $1,750 per month , On a scale between 1 to 10 Tier1 Financial Solutions is rated 6, which is similar to the average cost of Fund Accounting software. Abila MIP Fund Accounting price starts at $60 per month , When comparing Abila MIP Fund Accounting to its competitors, the software is rated 8 - higher than the average Fund Accounting software cost.
Bottom line: Abila MIP Fund Accounting is more expensive than Tier1 Financial Solutions.
Which software includes more/better features?
We've compared Tier1 Vs. Abila MIP Fund Accounting based on some of the most important and required Fund Accounting features.
Tier1 Financial Solutions: We are still working to collect the list of features for Tier1 Financial Solutions.
Abila MIP Fund Accounting: Budgeting & Forecasting, Fixed Asset Management, Compliance .
Target customer size
Tier1 Financial Solutions's typical customers include: Start up, Small business, Medium business, Large business, and Abila MIP Fund Accounting's target customer size include: Medium and large size businesses.