AbacusNext

AbacusNext, founded in 1983 and based in La Jolla, California, provides secure and compliant cloud solutions tailored for various professional sectors, including legal, accounting, and financial services. The company operates two fully compliant data center environments that adhere to SSAE 16 and SOC 1 and 2 standards, ensuring robust security and privacy for its clients. With a focus on delivering innovative technology solutions, AbacusNext supports organizations in enhancing operational efficiency and data management through its comprehensive suite of services.

6 past transactions

Commercial Logic

Acquisition in 2017
Commercial Logic, Inc. is a company that specializes in developing practice management software and workflow tools specifically designed for accounting firms. Founded in 1983 and based in Etna, New Hampshire, the company focuses on providing solutions that enhance the operational efficiency of CPA firms. Its cloud-based platform offers a range of features, including business intelligence tools for budgeting, scheduling, due date tracking, and management of paid time off, all aimed at improving internal processes. With a commitment to supporting the needs of accounting professionals, Commercial Logic also operates offices and data centers in New Hampshire to serve its clients effectively. Since December 2017, it has functioned as a subsidiary of Abacus Data Systems, Inc.

HotDocs

Acquisition in 2017
HotDocs is a leading provider of document automation software that specializes in transforming frequently used documents and forms into intelligent templates. Established in the 1990s, the company has developed its technology through over 25 years of client feedback, making it a powerful solution for document assembly needs. HotDocs enables organizations of all sizes, across various sectors such as legal, banking, insurance, government, and corporate, to create and manage document templates efficiently. The software allows users to insert variables and data, automating the assembly of customized documents like contracts, sales agreements, and government forms. By streamlining the documentation process, HotDocs significantly enhances productivity and accuracy in document generation.

Office Tools

Acquisition in 2017
Office Tools is a provider of practice management software and educational resources tailored for the tax preparation and public accounting industry. Founded in 1999 and headquartered in Palmdale, California, the company is now a subsidiary of Abacus Data Systems, Inc. Its flagship product, WorkSpace, offers an integrated solution that combines essential productivity and management features into a single-screen user interface. This platform is designed to help accounting firms streamline their operations and enhance their digital capabilities, ultimately improving overall efficiency in their day-to-day activities.

Cloudnine Realtime

Acquisition in 2017
Cloudnine Realtime specializes in providing cloud hosting services specifically designed for CPA firms. The company focuses on enhancing the operational efficiency and profitability of its clients by offering innovative and practical cloud technology solutions. By moving to the Cloud, businesses can quickly scale their capabilities without the need for significant investment in physical infrastructure, allowing them to pay only for the resources they actually use. Cloudnine Realtime's hosted services ensure the security and accessibility of critical documents, enabling CPA firms to streamline their workflows and improve their overall performance. Through its managed and highly available infrastructure, the company offers a cost-effective solution tailored to meet the specific needs of accounting professionals.

Results Software

Acquisition in 2017
Results Software is a provider of service operations and Field Service Management (FSM) solutions, specializing in Customer Relationship Management (CRM) software. Its award-winning platform integrates project management with field service operations, making it ideal for service-oriented industries and small to medium-sized businesses that engage with clients on a recurring basis. The software offers a comprehensive suite of features that facilitate effective task and contract management, enabling organizations to streamline their processes and enhance operational efficiency. With a focus on fostering long-term customer relationships, Results Software equips businesses to thrive in an increasingly digital and remote work environment, allowing them to optimize their performance and achieve growth.

Gavel & Gown Software

Acquisition in 2016
Gavel & Gown Software Inc. develops practice management software for law firms worldwide. It offers Amicus Attorney, a practice management software; and Amicus Accounting, a time billing and accounting software.
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