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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    MileIQ

    Score8.2 out of 10
    N/AMileIQ provides automatic mileage tracking for deductions and expenses. It can be used by self-employed workers looking for a mileage deduction or large companies that want to get a handle on mileage expenses reports, and is presented as automatic, easy and accurate, by the company of the same name in San Francisco.

    $50

    per year per driver

    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
    MileIQMIP Fund Accounting
    Editions & Modules
    Teams Lite
    $50
    per year per driver
    MileIQ
    $59.99
    per year for individual use
    Teams Pro
    $100
    per year per driver
    No answers on this topic
    Offerings
    Pricing Offerings
    MileIQMIP Fund Accounting
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MileIQMIP Fund Accounting
    Considered Both Products
    MileIQ
    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
    MileIQMIP Fund Accounting
    Expense Management
    Comparison of Expense Management features of MileIQ and MIP Fund Accounting
    Feature
    MileIQ
    9.0
    1 Ratings
    5% above category average
    MIP Fund Accounting
    -
    Ratings
    Employee Expense Reporting9.01 Ratings00 Ratings
    Payment Management
    Comparison of Payment Management features of MileIQ and MIP Fund Accounting
    Feature
    MileIQ
    9.3
    1 Ratings
    13% above category average
    MIP Fund Accounting
    -
    Ratings
    Customizable Approval Policies9.01 Ratings00 Ratings
    Financial Document Management9.01 Ratings00 Ratings
    Payment Audit Trail10.01 Ratings00 Ratings
    Advanced OCR9.01 Ratings00 Ratings
    Best Alternatives
    MileIQMIP Fund Accounting
    Small Businesses
    Dext
    Score9.8 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Medium-sized Companies
    BILL Spend & Expense
    Score8.9 out of 10
    Blackbaud Financial Edge NXT
    Score8.5 out of 10
    Enterprises
    Emburse Chrome River
    Score9.1 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MileIQMIP Fund Accounting
    Likelihood to Recommend
    9.0
    (1 ratings)
    8.7
    (434 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.4
    (130 ratings)
    Usability
    -
    (0 ratings)
    8.3
    (100 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (15 ratings)
    Performance
    -
    (0 ratings)
    8.6
    (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
    MileIQMIP Fund Accounting
    Likelihood to Recommend
    MileIQ
    MileIQ is a great tool for users that need to track their own business mileage to claim on expense reports. The phone app is easy to set up and use when classifying drives. it will occasionally ask you if you want to auto-classify frequent drives to further minimize the manual tasks of tracking mileage.
    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
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    Pros
    MileIQ
    • track mileage very accurately
    • easily categorize business versus personal trips
    • reports are quite simple to generate and forward to DEXT
    • settings are easy to set-up for proper government approved mileage rates
    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
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    Cons
    MileIQ
    • Integrate the paid version's admin console into the phone app for easier management.
    Incentivized
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    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
    MileIQ
    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
    MileIQ
    MileIQ is extremely easy to use. The phone app has a great flow. Drive classification can be as easy as swiping left and right. Users can access their reports in 2-3 steps. The admin console is easy to navigate and makes it simple to invite new users and remove old ones.
    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
    Incentivized
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    Reliability and Availability
    MileIQ
    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
    MileIQ
    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
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    Support Rating
    MileIQ
    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
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    In-Person Training
    MileIQ
    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
    MileIQ
    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
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    Implementation Rating
    MileIQ
    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
    MileIQ
    No answers on this topic
    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
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    Scalability
    MileIQ
    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
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    Return on Investment
    MileIQ
    • Very automated, less than 10 minutes a week to categorize drives, another 10 minutes at the end of the month to create a report. Easy and efficient use of employee time.
    • Easily integrates with our Expense Management System and Accounting packages
    • No manual intervention at all required by employees - no tracking required on their part.
    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
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    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