Our History
The CompuSense Years
1988 First FundSense installation in Plymouth County, MA, (now a BudgetSense installation).
1997 Acquisition of CPA software client base; 70 percent conversion to FundSense.
The UniFund Years
| 2001 |
CompuSense CFO and the Local Government Managing Director for UniFund LLC purchase the business assets of FundSense. Eight employees join UniFund. |
| 2001 |
Initial launch of BudgetSense |
| 2003 |
Launch of VB/SQL version of BudgetSense |
| 2004 |
UniFund doubles office space, resources |
| 2005 |
UniFund enters New York market |
| 2006 |
UniFund purchases New York K-12 customer base of competitor |
| 2007 |
UniFund enters Vermont market |
| 2010 |
UniFund launches Disaster Recovery Services program; expands IT Consulting services in response to client needs |
| 2011 |
UniFund delivers support for complex tax withholding rules to Connecticut clients. |
| 2011 |
UniFund conducts 10th Idea Summit, first time as a two-day event. |
Business and Financial Successes
UniFund has been profitable since its founding in 2001. The company enjoys an excellent relationship with its bank. Its annual CPA audit results in a favorable (clean) opinion and the company maintains an unusually high percentage of its customer base, which now exceeds 300.
We are conveniently based in Nashua, New Hampshire, and our clients are in all six New England states, as well as New York, New Jersey, Pennsylvania, Delaware and Maryland.
The Government Challenge
In many ways, the accounting, budgeting, and reporting responsibilities of K-12 schools and municipal governments far exceed the requirements demanded of the commercial sector. In governmental accounting, revenues are generated to achieve specific objectives, resulting in the need to maintain many sub-sets of records to facilitate reporting and accountability. Moreover, annual reports must not only comply with national standards, but also with state mandated reporting requirements. And as expected, national and state reporting requirements change often, which creates yet more challenges for government accounting systems.
With a thorough understanding of state-specific and federal mandates, we ensure that clients can meet specialized reporting requirements.