Abacus Next enters accounting world with two acquisitions
Summary
Law case management software company Abacus Next has made a move into the accounting world. According to Abacus, the deals will allow the company to enter the accounting industry, which is new ground for the legal service providers. “Busy lawyers and CPAs are not only looking to streamline their practices with technology, but are also dedicated to finding ways to grow their firms. Cloudnine and Results fit perfectly into our cross market strategy, and these acquisitions mark a milestone in the transformation of Abacus into a turnkey services provider that can deliver on customers’ complete range of technology demands.” Robert Chandler, founder and CEO of Cloudnine said in the press release that Cloudnine and Abacus Next are “naturally symbiotic” and that both companies are “driven to building cloud solutions for the complete range of demands of the CPA and financial industry.” Meanwhile, Sam Saab, president and founder of Results Software, said in the press release that his company’s customers have been looking for a cloud-based platform like Abacus for years. According to Accounting Today, both Cloudnine and Results will continue to operate as standalone businesses under the Abacus umbrella.
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