Abila MIP Fund Accounting™ ‘Ballpark’ Pricing

Pricing for MIP, as for most application software, depends on market factors, the functionality required and the number of users. The table below provides some ‘Ballpark’ price ranges for the various licensing and deployment options discussed previously.

Perpetual License Single-user Multi-user (three concurrent users)
Software – core modules (GL, AP, AR Reporting, Budget, Bank Rec, Data Import/Export, Forms Designer) $3,000 $12,700
Annual Maintenance and Support (M & S) $720 $3,050
Added modules – price range per each (AR Billing, Allocations, Advanced Security, Electronic Funds Transfer, Fixed Assets, Payroll, HR Management, Employee Web Services) $500-$1,700
plus 24% annual
M & S
$1,000-$3,500
Added Cost Per User N/A $895
Monthly Subscription – Software Only Single-user Multi-user (three concurrent users)
Software – core modules (GL, AP, AR Reporting, Budget, Bank Rec, Data Import/Export, Forms Designer) $150 $450
Annual Maintenance and Support (M & S) N/A N/A
Added modules – price range per each (AR Billing, Allocations, Advanced Security, Electronic Funds Transfer, Fixed Assets, Payroll, HR Management, Employee Web Services) $60-$160 $60-$160
Added Cost Per User $50 $50
Hosting fee if hosted off-premises $150 $300
Monthly Subscription – Software and Hosting Single-user Multi-user (three concurrent users)
Software – core modules (GL, AP, AR Reporting, Budget, Bank Rec, Data Import/Export, Forms Designer) $200 $500
Annual Maintenance and Support (M & S) N/A N/A
Added modules – price range per each (AR Billing, Allocations, Advanced Security, Electronic Funds Transfer, Fixed Assets, Payroll, HR Management, Employee Web Services) $60-$160 $60-$160
Added Cost Per User $150 $150

As an Abila Authorized Business Partner, we provide software implementation consulting consisting of project planning and management, chart of accounts design, process review and improvement, historical data conversion, and staff training. All of these items constitutes a significant upfront investment regardless of the licensing and deployment options selected. With over 10 years of experience in doing implementations, we have developed a general benchmark for costs that can range from 75% to 150% of the perpetual license cost. For example, if the license cost is $10,000 the implementation price could range from $7,500 to $15,000. Factors that make the cost higher or lower are:

  • Amount of historical data to convert,
  • The extremity of change from the old system,
  • Competency and professionalism of the accounting staff,
  • Management leadership and support,
  • Realistic expectations

A Note

Please contact us for more information. Our clients and prospects have found it very helpful to receive a preliminary quote for budget planning.