Cloud based functionality makes Abila an attractive option

Abila MIP Advance is a sophisticated, cloud-based true fund accounting solution that delivers powerful reporting, analytics, and dashboards. This tool is available with a responsive web interface which is optimized for mobile devices. This further adds to the usefulness of the software at large as it is accessible from anywhere. It is a true fund accounting solution well suited for mid-sized nonprofits and government entities that manage multiple funds and require advanced reporting capability. It offers a lot of add-on modules that increase functionality tremendously. It offers the ability to use a flexible chart of accounts with the ability to utilize unlimited segments, making it easy to users to manage multiple funds and programs. it can handle multiple transaction types like cash receipts, journal entries, and bank reconciliations. The Dashboard also contains a series of charts that display trends and offer a current year analysis. An advanced warning system can be set up and maintained to notify users if close to a budget overage. And the what-if scenario allows users to enter transactions to see what net effect the transactions would have on budgets. As there are less number of people using this system currently, the training administrators for the tool are also less and so are expensive too. Since training is required at the initial stage of using the program, it is an additional cost to the business during the shift to Abila.