TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    GoDaddy Bookkeeping

    Score7.4 out of 10
    N/AGoDaddy Bookkeeping (formerly Outright) is a cloud-based bookkeeping and accounting automation platform targeted at small businesses. It contains basic bookkeeping and reporting features meant to simplify the process of accounting for small businesses and their accountants, ensuring taxes are filed easily. It also automates invoicing and manages receipt of payments. Its automated reporting features are meant to be simple, accessible, and update in real-time. It automatically uploads data from…

    $4.99

    per month

    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
    GoDaddy BookkeepingMIP Fund Accounting
    Editions & Modules
    Get Paid
    $4.99
    per month
    Essentials
    $9.99
    per month
    Premium
    $14.99
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    GoDaddy BookkeepingMIP Fund Accounting
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    GoDaddy BookkeepingMIP Fund Accounting
    Considered Both Products
    GoDaddy
    No answer on this topic
    Momentive Software
    No answer on this topic
    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
    GoDaddy BookkeepingMIP Fund Accounting
    Payroll Management
    Comparison of Payroll Management features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    3.0
    1 Ratings
    88% below category average
    MIP Fund Accounting
    -
    Ratings
    Pay calculation3.01 Ratings00 Ratings
    Security
    Comparison of Security features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    5.5
    1 Ratings
    41% below category average
    MIP Fund Accounting
    -
    Ratings
    Single sign-on capability6.01 Ratings00 Ratings
    Role-based user permissions5.01 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    6.3
    3 Ratings
    22% below category average
    MIP Fund Accounting
    -
    Ratings
    Dashboards6.03 Ratings00 Ratings
    Standard reports7.03 Ratings00 Ratings
    Custom reports6.03 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    5.7
    2 Ratings
    31% below category average
    MIP Fund Accounting
    -
    Ratings
    Accounts payable6.02 Ratings00 Ratings
    Accounts receivable6.02 Ratings00 Ratings
    Cash management7.02 Ratings00 Ratings
    Bank reconciliation3.02 Ratings00 Ratings
    Expense management8.02 Ratings00 Ratings
    Time tracking5.02 Ratings00 Ratings
    Fixed asset management5.02 Ratings00 Ratings
    Regulations compliance5.01 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Self-service portal5.02 Ratings00 Ratings
    Global Financial Support5.01 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    5.0
    1 Ratings
    38% below category average
    MIP Fund Accounting
    -
    Ratings
    Automatic reordering5.01 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of GoDaddy Bookkeeping and MIP Fund Accounting
    Feature
    GoDaddy Bookkeeping
    5.0
    2 Ratings
    43% below category average
    MIP Fund Accounting
    -
    Ratings
    Order entry3.01 Ratings00 Ratings
    Credit card processing7.01 Ratings00 Ratings
    Cost of goods sold5.02 Ratings00 Ratings
    Best Alternatives
    GoDaddy BookkeepingMIP 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
    GoDaddy BookkeepingMIP Fund Accounting
    Likelihood to Recommend
    7.0
    (3 ratings)
    8.7
    (434 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.5
    (130 ratings)
    Usability
    7.0
    (1 ratings)
    8.3
    (100 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (15 ratings)
    Performance
    -
    (0 ratings)
    8.7
    (90 ratings)
    Support Rating
    -
    (0 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
    GoDaddy BookkeepingMIP Fund Accounting
    Likelihood to Recommend
    GoDaddy
    Perfect for US market but not transferable to UK market, needs some upgrades for this. Even when set up with a UK address it won't allow changes in tax year end, presuming that tax year starts Jan - Dec. Also shows dollars instead of pounds even though figures were correct with solution.
    Incentivized
    Read full review
    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
    Read full review
    Pros
    GoDaddy
    • Invoicing and linking payments to them.
    • Creating estimates for my clients.
    • Making tax time easier with easy P and L statements and categorization of expenses.
    Read full review
    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
    Read full review
    Cons
    GoDaddy
    • More complex tax prep features
    • Better filters for tax purposes
    • More tools for tax returns
    Incentivized
    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.
    Incentivized
    Read full review
    Likelihood to Renew
    GoDaddy
    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
    Read full review
    Usability
    GoDaddy
    Loses marks on the tax year only being Jan - Dec and inability to change that to a UK format and choose your year end date.
    Incentivized
    Read full review
    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
    Incentivized
    Read full review
    Reliability and Availability
    GoDaddy
    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
    Read full review
    Performance
    GoDaddy
    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.
    Incentivized
    Read full review
    Support Rating
    GoDaddy
    No answers on this topic
    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
    Read full review
    In-Person Training
    GoDaddy
    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
    Read full review
    Online Training
    GoDaddy
    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.
    Incentivized
    Read full review
    Implementation Rating
    GoDaddy
    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.
    Incentivized
    Read full review
    Alternatives Considered
    GoDaddy
    I already use GoDaddy for a lot of my website clients so tried the bookkeeping out and really liked it! I tried a few others but nothing worth the price difference. I have tried a few other time trackers as I wish I could live track my time vs entering a little a time.
    Read full review
    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.
    Incentivized
    Read full review
    Scalability
    GoDaddy
    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.
    Incentivized
    Read full review
    Return on Investment
    GoDaddy
    • Low monthly cost compared to other accounting software
    • Easy to use and learn with
    • Gives me the basic numbers I need for book keeping and taxes for a small business
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    ScreenShots

    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