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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Accounting Seed

    Score6.2 out of 10
    N/AAccounting Seed is accounting software that is native to Salesforce.N/A

    MIP Fund Accounting

    Score8.7 out of 10
    N/AMIP Fund Accounting™ is a configurable fund accounting solution. The solution includes functionality for fund accounting, procurement, budgeting, payroll, human resources, timekeeping, fixed asset management, grant management, and dashboards for nonprofits and government agencies.N/A
    Pricing
    Accounting SeedMIP Fund Accounting
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Accounting SeedMIP Fund Accounting
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional DetailsPricing starts at $3,960/year.
    More Pricing Information
    Community Pulse
    Accounting SeedMIP Fund Accounting
    Considered Both Products
    Accounting Seed
    No answer on this topic
    Momentive Software
    Chose MIP Fund Accounting
    Many competing products may not offer some of the comprehensive all-in-one type solutions that are found in MIP Fund. Non-profits can have particulate needs such as specialized taxation, funding, and membership support not always address in other commercial oriented products. …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    91%
    Would buy again
    116 Answers
    Delivers good value for the price
    No answers on this topic
    97%
    Delivers good value for the price
    108 Answers
    Happy with the feature set
    No answers on this topic
    94%
    Happy with the feature set
    119 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    86%
    Lived up to sales and marketing promises
    54 Answers
    Implementation went as expected
    No answers on this topic
    85%
    Implementation went as expected
    56 Answers
    Features
    Accounting SeedMIP Fund Accounting
    Payroll Management
    Comparison of Payroll Management features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.0
    2 Ratings
    15% above category average
    MIP Fund Accounting
    -
    Ratings
    Pay calculation8.32 Ratings00 Ratings
    Benefit plan administration8.62 Ratings00 Ratings
    Direct deposit files9.32 Ratings00 Ratings
    Salary revision and increment management9.02 Ratings00 Ratings
    Reimbursement management9.72 Ratings00 Ratings
    Customization
    Comparison of Customization features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.7
    4 Ratings
    24% above category average
    MIP Fund Accounting
    -
    Ratings
    API for custom integration9.74 Ratings00 Ratings
    Plug-ins9.73 Ratings00 Ratings
    Security
    Comparison of Security features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.7
    4 Ratings
    15% above category average
    MIP Fund Accounting
    -
    Ratings
    Single sign-on capability9.74 Ratings00 Ratings
    Role-based user permissions9.74 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.1
    6 Ratings
    14% above category average
    MIP Fund Accounting
    -
    Ratings
    Dashboards9.75 Ratings00 Ratings
    Standard reports8.76 Ratings00 Ratings
    Custom reports8.86 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    8.9
    6 Ratings
    13% above category average
    MIP Fund Accounting
    -
    Ratings
    Accounts payable9.66 Ratings00 Ratings
    Accounts receivable9.74 Ratings00 Ratings
    Cash management9.45 Ratings00 Ratings
    Bank reconciliation8.66 Ratings00 Ratings
    Expense management9.75 Ratings00 Ratings
    Time tracking9.72 Ratings00 Ratings
    Fixed asset management9.73 Ratings00 Ratings
    Multi-currency support7.23 Ratings00 Ratings
    Multi-division support8.54 Ratings00 Ratings
    Regulations compliance7.63 Ratings00 Ratings
    Electronic tax filing8.62 Ratings00 Ratings
    Self-service portal9.73 Ratings00 Ratings
    Global Financial Support10.03 Ratings00 Ratings
    Primary and Secondary Ledgers8.74 Ratings00 Ratings
    Intercompany Accounting9.14 Ratings00 Ratings
    Localizations10.03 Ratings00 Ratings
    Journals and Reconciliations9.76 Ratings00 Ratings
    Enterprise Accounting5.54 Ratings00 Ratings
    Configurable Accounting8.55 Ratings00 Ratings
    Centralized Rules Framework9.13 Ratings00 Ratings
    Standardized Processes9.14 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.0
    2 Ratings
    20% above category average
    MIP Fund Accounting
    -
    Ratings
    Inventory tracking9.72 Ratings00 Ratings
    Automatic reordering9.72 Ratings00 Ratings
    Location management9.72 Ratings00 Ratings
    Manufacturing module6.92 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Accounting Seed and MIP Fund Accounting
    Feature
    Accounting Seed
    9.4
    2 Ratings
    19% above category average
    MIP Fund Accounting
    -
    Ratings
    Pricing9.72 Ratings00 Ratings
    Order entry10.02 Ratings00 Ratings
    Credit card processing10.02 Ratings00 Ratings
    Cost of goods sold10.02 Ratings00 Ratings
    Order Orchestration9.72 Ratings00 Ratings
    End-to-end order visibility6.92 Ratings00 Ratings
    Order exception Resolution9.72 Ratings00 Ratings
    Best Alternatives
    Accounting SeedMIP Fund Accounting
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Accounting SeedMIP Fund Accounting
    Likelihood to Recommend
    8.1
    (6 ratings)
    8.7
    (434 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.5
    (130 ratings)
    Usability
    8.8
    (3 ratings)
    8.3
    (100 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (15 ratings)
    Performance
    -
    (0 ratings)
    8.7
    (90 ratings)
    Support Rating
    7.8
    (3 ratings)
    8.5
    (99 ratings)
    In-Person Training
    -
    (0 ratings)
    10.0
    (9 ratings)
    Online Training
    -
    (0 ratings)
    8.0
    (7 ratings)
    Implementation Rating
    -
    (0 ratings)
    6.1
    (28 ratings)
    Configurability
    -
    (0 ratings)
    8.4
    (8 ratings)
    Ease of integration
    -
    (0 ratings)
    9.6
    (13 ratings)
    Product Scalability
    -
    (0 ratings)
    8.1
    (15 ratings)
    Vendor post-sale
    -
    (0 ratings)
    9.7
    (13 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    8.9
    (13 ratings)
    User Testimonials
    Accounting SeedMIP Fund Accounting
    Likelihood to Recommend
    Accounting Seed
    I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
    Incentivized
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    Momentive Software
    MIP Fund Accounting works very well for general fundraising. The form creation process is easy and allows you to set parameters and add fees, quantities, images, etc. This process is smooth on the customer (forward-facing) side as well. Reports are generated once the transactions have gone through, making tracking and reconciliation with accounting easy.
    Incentivized
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    Pros
    Accounting Seed
    • Accounting Seed is an affordable accounting solution
    • It offers many features making it an ideal accounting solution for business
    • The software integrates well with Salesforce
    • The software comes with a friendly User Interface
    Incentivized
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    Momentive Software
    • Easy to obtain check register for select periods
    • Easy to do bank reconciliations
    • Easy to log in for remote work, for anywhere I need to access it from!
    • Easy to pull vendor, chart of accounts and other pertinent information, also easy to add information to those sections.
    Incentivized
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    Cons
    Accounting Seed
    • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
    • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
    • In general, the materials needed for non profits is not as accessible as it could be.
    Read full review
    Momentive Software
    • With the payroll process, if there is an error in sending the stubs through email, there is no option to resend without a restore. That really needs to change.
    • Being able to void encumbrance at the same time as a PO would be an incredible time saver.
    • When processing W2 the system deletes info.
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    Likelihood to Renew
    Accounting Seed
    No answers on this topic
    Momentive Software
    I give MIP a 10 because Our organization use MIP Fund Accounting ever since I've been there and that's been for over 20 plus years for all of our accounting and payroll. MIP has stayed on the cutting edge of technology, ever evolving to meet the needs of the times, especially post pandemic, while many are working remotely! MIP support staff are very knowledgeable and efficient. Even new users can get up to speed quickly with MIP Fund Accounting.
    Incentivized
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    Usability
    Accounting Seed
    It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
    Incentivized
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    Momentive Software
    I have used this system for about 12 years now and I still learning how to use it. It always surprises me how there is another report to learn to achieve my data reporting goals. It is great to have a system that you have used long enough to feel comfortable with but also a system that allows you to learn new ways to report and enter data into the system
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    Reliability and Availability
    Accounting Seed
    No answers on this topic
    Momentive Software
    I have rarely encountered any issues accessing MIP Fund Accounting over the years. On the rare occasions when availability was interrupted, the reasons were always found in-house when using the on-premises version. Since we have migrated to the MIP cloud, we have had no issues with availability. Any maintenance or updates are always communicated to us and are usually done outside of business hours.
    Incentivized
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    Performance
    Accounting Seed
    No answers on this topic
    Momentive Software
    We have 18 programs and the CFO has the ability through MIP Fund Accounting to generate separate and/or collective reporting for those programs. Each program has its own grant or funding source. Each has its own reporting guidelines that must be met so the ability to run reporting separately or collectively is a plus.
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    Support Rating
    Accounting Seed
    We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
    Incentivized
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    Momentive Software
    I have not reached out to MIP for technical support; however, their website offers great help resources so I can solve an issue on my own. Another team member reached out to MIP for support and was helped quickly. The transition process took longer than expected due to a lag in communication.
    Incentivized
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    In-Person Training
    Accounting Seed
    No answers on this topic
    Momentive Software
    There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
    Incentivized
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    Online Training
    Accounting Seed
    No answers on this topic
    Momentive Software
    Denise O'Malley provided training for the HR module when we added it to our system. Denise also gave us a demo of the EWS module which we were able to see that it would not meet our needs. She was very kind about and understanding regarding the functions we needed with a time clock system.
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    Implementation Rating
    Accounting Seed
    No answers on this topic
    Momentive Software
    Don't waste your time with MIP. There are plenty of other softwares out there that will do the job better. Do your homework. Get references from actual users. Make sure that what you choose will truly integrate. Make sure that there is local support. Get training. You will be glad that you passed this one by. Trust me.
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    Alternatives Considered
    Accounting Seed
    Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
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    Momentive Software
    I've utilized other ERP accounting software like Infor, NetSuite, and MS Dynamics, to name a few. MIP Fund Accounting offers flexibility and room for growth while not being overly heavy on your team to maintain it. And, we're now learning more about the add-on's and more advanced capabilities to leverage with our team.
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    Scalability
    Accounting Seed
    No answers on this topic
    Momentive Software
    The flexibility to create certain features are helpful and are designed to be easier on MIP Accounting Cloud. It has been easier than the MIP Accounting classic version. I may have not fully utilized the software to deploy across multiple departments other than generating revenue reports or expenses. As well as developing budget worksheets for our departments. Which are great as it is, but have not gone farther than that.
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    Return on Investment
    Accounting Seed
    • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
    • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
    • Capturing data on reports that are not submitted, approval times, and policy exceptions.
    • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
    Incentivized
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    Momentive Software
    • We converted to the cloud version a few years ago to reduce our dependency on a dedicated internal IT server which needed to be replaced. The cost of the product switched to a monthly fee which increased cost somewhat but probably is matched with IT savings over time in doing upgrades.
    • We have an efficient team of two people doing the transactional work, so we don't really have much incentive to further automate our processes. And with the turnover in the CFO position we have had, has helped us maintain consistency in our processing.
    • Once I learned how to memorize and recall transactions it was a huge timesaver and increased the accuracy and consistency of our entry.
    • The cost of training is sometimes prohibitive. Example is my accounting clerk MIGHT benefit from additional training but at about $200 for a lot of the courses, it is more than we have budgeted.
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    ScreenShots

    Accounting Seed Screenshots

    Product screenshot

    MIP Fund Accounting Screenshots

    Screenshot of MIP Advance™ Dashboards with drilldownScreenshot of MIP™ Transactions WorkflowScreenshot of MIP DashboardsScreenshot of MIP DashboardsScreenshot of MIP Dashboard drilldownScreenshot of MIP Transactions