UBCC’s software offers custom report generation capabilities. Credit: UnderhilStudio/Shutterstock.

US-based Pioneer Accounting Group has acquired Universal Business Computing Company (UBCC), a provider of productivity-focused accounting and payroll software.

The acquisition includes all stock of UBCC, positioning Pioneer Accounting Group to leverage UBCC’s technological prowess across its other firms, including Gandrud Financial and Archer Halliday.

The transition will see all current UBCC employees retained, ensuring continued working on new payroll portal functionality.

For several months, UBCC co-founder Ken Garen will remain as a consultant.

Pioneer Accounting Group founder Armaven Pogosyan said: “I had observed the exceptional productivity of UBCC software when I purchased the accounting practice of Vivat Lin, a UBCC client in Seattle.

“Lin’s staff confirmed that UBCC software productivity is 200% to 300% higher than at other accounting practices. I have never seen efficiencies and flexibility like this before, and that’s what led me to pursue the next step.”

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Pogosyan’s strategy involves integrating his other firms with UBCC’s systems to maximise cost savings and optimise personnel utilisation.

Garen said: “I am extremely pleased that Armaven is taking over UBCC to keep the industry-leading technology moving forward to the next generation. It means a lot to me that clients will continue to be able to depend on UBCC to make payroll and accounting the best and most efficient they can be.”

UBCC’s ongoing clients will continue to receive the service regarding updates, enhancements, maintenance, and support.

UBCC’s software is designed to operate in both a traditional keystroke-driven environment and a modern mouse-driven interface.

The software has custom report generation capabilities and is compatible with more than 600 platforms, including all Windows versions, Linux, UNIX, and IBM mainframes.