MIP® Fund Accounting & MIP Cloud
Use true fund accounting™ to manage complex processes and finances across your organization.
When nonprofit organizations grow beyond a certain size, particularly when they begin to see material revenue from more than one source, the weakness of off-the-shelf bookkeeping tools like Quickbooks becomes apparent. Tracking income by funding source, restrictions, functional categories and other aspects of each transaction becomes unmanageable over time.
JMT recommends MIP® to nonprofits that are looking for a cost-effective True Fund Accounting solution that will allow them to meet all regulatory, audit and funder reporting requirements, while providing a secure, scalable platform for growth. The “MIP” name has been at the top of the quality and user-satisfaction ratings of fund accounting software for over 30 years as evidenced by their extremely high customer loyalty.
Why do we recommend MIP for our valued nonprofit clients?
- Built from the ground up to do nonprofit fund accounting.
- Robust, table-driven multi-dimensional chart of accounts allows even the most complex nonprofit financial reporting models (grants, locations, projects, departments, funds, employees, and much more) to be accommodated with ease.
- Multiple deployment and licensing options allow for either on-premises, hosted deployment, or subscription (SaaS) licensing options; JMT experts can help you determine which solution is right for your nonprofit.
- Comprehensive functionality for core financial management as well as in-house payroll and HR in one integrated solution.
Why do nonprofits choose to work with JMT to implement MIP?
Nonprofits work with JMT Consulting to implement MIP because JMT brings the right combination of expertise with MIP and experience in the nonprofit space.
JMT brings:
- Over 1,000 MIP implementations across a variety of different types and sizes of nonprofits over the last 20+ years
- Over 29 years of experience implementing nonprofit financial management solutions for nonprofits exclusively
- Consulting staff is drawn from the nonprofit industry including former senior financial managers at nonprofits as well as consultants who have worked in public nonprofit practice
See How JMT Has Helped Other Nonprofits Pursue Their Missions More Effectively with MIP:
Case Study: Tulsa Jewish Retirement
“The people I’ve talked to and worked with from the consulting to implementation have been exceptional. They not only sell you a system, but they continue to work with you to accomplish your goals. JMT has been great in every way!”
Case Study: Lutheran Social Services
With JMT’s support in implementing MIP Fund Accounting, Lutheran Social Services was able to save time and demonstrate financial stewardship to their grantors, funders, and donors through updated accounting processes.
