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Universal Business Computing Company (UBCC) and Competitor Profile



Overview


Universal Business Computing Company (UBCC) is a leading provider of high-productivity software solutions tailored for accounting and payroll professionals. Known for its exceptional productivity and flexibility, UBCC's offerings cater to the evolving needs of accounting practices, Payroll Service Bureaus, and Professional Employer Organizations (PEOs).

Acquisition


On October 21, 2024, UBCC was acquired by Pioneer Accounting Group, a Seattle, Washington-based firm founded by Armaven Pogosyan. The acquisition emphasizes leveraging UBCC's software to maximize cost savings and personnel efficiencies across Pogosyan's other firms, including Gandrud Financial and Archer Halliday. The terms of the acquisition, finalized on September 30, 2024, remain undisclosed.

Company Leadership


  • Ken Garen: Co-founder and President of UBCC, will remain as a consultant during the acquisition transition. His leadership was instrumental in positioning UBCC as a premier entity in payroll and accounting software development.

  • Bill Botzler: Chief Operating Officer, supports the seamless operation and management of the company.


Product Features


UBCC's software is distinguished by its multi-user, real-time capabilities, scalable from single-user setups to environments supporting up to 10,000 concurrent users. Notable features include:
  • Flexible Data Entry: Supports both keystroke and point-and-click methods.

  • Comprehensive Data Integration: Compatible with over 600 platforms, including Windows, Linux, UNIX, and IBM mainframes.

  • Advanced Reporting and Automation: Incorporates spreadsheet-like report generators and automated processes, such as batch queuing for printing and emailing.


Client Experience


UBCC is highly rated for outstanding client support and strategic product updates. Its commitment to maintaining software evolution from legacy systems to modern cloud platforms without redevelopment ensures adaptability and future-proof solutions. Clients consistently report high satisfaction with UBCC's reliable offerings.

Contact Information


  • Email: [info@ubcc.com](mailto:info@ubcc.com)

  • Phone: 800-827-8610



Competitor Landscape



Primary Competitors


1. Paychex, Inc.
  • Founded: 1971

  • Revenue: USD 5.278 billion (2024)

  • Key Offerings: HR and payroll services, human capital management solutions via Paychex Flex platform.


2. Papaya Global
  • Founded: 2016

  • Valuation: USD 3.7 billion (2021)

  • Services: Global payroll and workforce management solutions, expanded into payments.


3. FreshBooks
  • Founded: 2003

  • Products: Cloud-based accounting software for SMEs, featuring invoicing, expense tracking, and payroll integrations.


4. Tally Solutions
  • Founded: 1986

  • Products: ERP solutions through Tally ERP and TallyPrime, serving a global SME market.


5. factoHR
  • Founded: 2016

  • Products: Comprehensive cloud-based HR management platform supporting payroll processes.


Competitive Advantage


UBCC's competitive edge lies in its unparalleled productivity solutions and ongoing legacy-based enhancements. These offerings provide clients with robust, integrated accounting and payroll services customizable and scalable to diverse client needs. The acquisition by Pioneer Accounting Group aims to leverage UBCC’s software to enhance cost efficiencies and operational effectiveness across their financial holdings.