McGovern Consulting Group

Everyone and everything needs a check-up: people, pets, automobiles, computers, and even your MIP Fund Accounting® database. Like a check-up you would receive at a doctor's office, an MIP® system evaluation ensures everything is working properly and efficiently.

The McGovern Consulting Group provides a detailed system evaluation to review and analyze the features and functionality used in your MIP Fund Accounting® system. This evaluation helps determine where efficiencies could be achieved, either through additional reports directly from the system or by eliminating duplicate and triplicate entries of the same data. This is an excellent opportunity for us to make specific MIP® training recommendations for you.

System evaluations for MIP® allow us to review your daily procedures and determine if you are using the software to its fullest potential. We will highlight what you are doing well and areas that need improvement to increase your organization's efficiencies. This service is provided at no cost on an annual basis, and you will receive a roughly 40-page PDF report with screenshots covering everything from security risks to report inconsistencies and inefficiencies.

Part of our 50 Point Checklist includes:

• Security
• Module Settings & Setup
• Offsets, Closing Accounts, Distribution Codes, & Account Code Combinations
• Memorized Documents
• Standards – Session, Document Numbers, Descriptions, Vendors, Customers, etc.
• Vendor/Customer Activity and the status of vendors
• Negative Amounts in Accounts Payable
• Report Naming Convention
• Accuracy and completeness of financial statement formats.
• All modules are evaluated!

McGovern Consulting Group provides a detailed System Evaluation for your MIP Fund Accounting® Software to review and analyze the features and functionality used in your system. This is a perfect opportunity for customized MIP® support and training recommendations.

In summary, like a physical exam, we will check all of your system's vitals to evaluate how the system is functioning, what features are being used properly, and what is not being utilized to its fullest potential. After the evaluation, we will assess your current usage to identify other efficiencies that could be achieved, either through additional reports directly from the system or by eliminating redundant data entry. We will also highlight the system features that are being used effectively while providing you with a list of features to focus on in the future.