AccuFund and its fund accounting software celebrate their 20th anniversary


CASTLE ROCK, Colo., June 15, 2021 /PRNewswire/ — AccuFund, Inc. ( celebrates 20 years of providing financial management/ERP software to nonprofits and governments.

From its early days developing applications for legacy accounting software to launching true browser-based fund accounting solutions, AccuFund has become the go-to source for nonprofits, municipalities, and governments. concerned with managing their finances effectively.

The beginnings of AccuFund

AccuFund started as an offshoot of the founders’ consulting business Gordon Holfelder and Peter Stam. Holfelder began by creating a unique solution to print personalized checks for NASCAR race winners. He used the initial profits from this venture to go into software development, a bank reconciliation module for non-profit organizations.

Company executives sensed a growing demand for specific fund accounting software and bundled all of the add-ons into a comprehensive accounting platform that met the unique needs of nonprofit organizations and government entities.

“Most software vendors start with their base package and develop add-ons,” said Gordon Holfelder, one of the company’s founders. “We started with add-ons, then realized we could compile them together to create a base package.”

AccuFund Government and Nonprofit Financial Management System

AccuFund’s comprehensive government and nonprofit accounting software offers robust reporting capabilities, dashboards for more informed decisions, and excellent customer service. The base system includes a general ledger, the ability to track and pay invoices, manage cash receipts, and reconcile bank accounts, as well as specialized government-related modules such as utility billing, fees, taxes and licenses, etc.

AccuFund continues to be a technology leader in the industry, offering onsite and online system deployment options, with the unique flexibility to switch between them as needs change.

Value Added Resellers have been integral to AccuFund’s success. Resellers have, since the company’s inception, offered specialized consulting, customization and implementation services.

As the company looks to the future, Holfelder reflected on the relationships established over the years. “Our customers are an integral part of our AccuFund family. We pride ourselves on getting to know our customers, understanding their needs, and working closely with them to not only continue to improve the AccuFund product they rely on, but to ultimately to help them improve their ability to help members of their community,” said Gordon Holfelder, President of AccuFund.

About AccuFund

AccuFund, Inc. provides online and on-site accounting/financial management software solutions to nonprofit organizations and government agencies. AccuFund products are available exclusively through Value Added Resellers (VARs) located in United States. VARs provide AccuFund customers with cost-effective on-site training and installation support. For more information, call 877-872-2228, email [email protected] or visit

Media Contact:
Kristen Faiola, Marketing & Media
[email protected]
AccuFund, Inc.
103 4and Street, office 110
Castle Rock, CO 80104

SOURCEAccuFund, Inc.


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