“We are excited to see Certify expand its position as the largest independent provider of travel and expense management software by adding Abacus’ leading-edge technology to its portfolio. accounting topics includes a two-group classication as an independent variable, in many cases based on the related common law/code law split (e.g., Guenther and Young, 2000 Hung, 2000 Ali and Hwang, 2000 Ball et al. “K1 is committed to investing in companies and technologies that have achieved significant success in the market and are clearly positioned for explosive long-term growth,” said Hasan Askari, managing partner of K1 Investment Management. Peace of mind for you and your employees. Apps that work any where, any time, on any device. Emburse solutions include: Intuative, integrated products that effortlessly flow information. Learning more about how aligned our vision is with Certify’s helped us realize that the fastest way to achieve our goals was to join their organization.”Ĭertify was purchased last year by K1 Investment Management and merged with Nexonia, ExpenseWatch and Tallie. Give them solutions that automate the mundane and let them get to the work that makes a difference. As a multi-discipline membership association, both law and accounting firms join Abacus in order to support international business referrals, participate in knowledge exchange and gain access to practice. “Teaming up with Certify will give our team the opportunity to grow Abacus’ market presence by leveraging Certify’s resources and expertise. Abacus Worldwide is an alliance comprised of independently owned and managed professional service firms providing direct access to law firms and accounting firms in every region of the world. “We are thrilled to join Certify’s family of brands,” said Omar Qari, CEO of Abacus. It currently serves more than 1,000 customers, such as Betterment, GLG and North American Substation Services. Omar and his team have done a tremendous job building Abacus, and we look forward to helping them continue to grow their business while enhancing Certify’s leadership position in the spend management space.”įounded in 2013, Abacus’s technology bypasses the traditional expense report and, instead, recommends expenses to users based on data and previous behavior, minimizing the chance for error. “The company’s real-time expense management solution is unlike anything else in the marketplace. “Acquiring Abacus strengthens and expands our management team, product set and domain knowledge,” said Robert Neveu, founder and CEO of Certify. The addition of Abacus to its product portfolio allows Certify - which supports more than 10,000 enterprise, mid-market and small business (SMB) customers in North America - to serve a more diverse range of customers. ![]() Financial terms of the deal are not being disclosed. ![]() Expense report management software firm Certify announced its acquisition of Abacus, the leading real-time expense reporting solution.
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