Exhibit 10(ac)
                                                                  --------------


Koger



March 14, 1996

Mr. David B. Hiley
Mount Holly Road
Kantonah, NY 10536

Dear David:

This is to memorialize the arrangement pursuant to which you have been providing
and will  continue to provide  certain  financial  consulting  services to Koger
Equity, Inc. Such services,  which are subject to the direction of the Company's
chief financial officer,  Victor A. Hughes,  Jr., include advising the Company's
management,  board  of  directors  and the  finance  committee  of the  board on
financial  aspects  of (i)  development  and  implementation  of  the  Company's
strategic plan and in particular refinancing or restructuring the Company's debt
or  arranging  for new debt  equity and (ii)  other  strategic  matters  such as
business  combinations and  dispositions.  Such services are in addition to your
service  as a member of the  Company's  board of  directors  and of its  finance
committee. Such services may be complimentary with or in addition to services of
other advisers to the Company.

To date, you have expended  approximately  107 hours in providing such services,
commencing  in  January,  1996,  for  which  the  company  will pay you a fee of
$32,100.  Henceforth,  the  Company  will pay you a retainer  fee of $12,000 per
month,  payable  monthly in advance  beginning  this date (pro rated for partial
months).

It is our  intention  that the fees paid to you hereunder  will be  periodically
evaluated,  particularly  upon  completion of particular  strategic  events with
respect to which you have been  advising,  and that the board (or its  executive
committee) will then consider your  contribution and determine in its discretion
whether to increase the fee paid to you for such services.

The Company will promptly reimburse you for all reasonable expenses you incur in
providing such services. The Company also agrees to indemnify you as provided in
Exhibit A hereto.

Either you or the Company may terminate this consulting  arrangement at any time
by giving written notice to the other party.




Mr. David B. Hiley
March 14, 1996

Page Two

Please indicate your concurrence with this statement of our agreement by signing
and returning to me the enclosed copy of this letter.

Very truly yours,

/s/ IRVIN H. DAVIS
-----------------------------
Irwin H. Davis
Vice Chairman
Chief Executive Officer

IHD/fj
dha.ihd

Concur:

/s/ DAVID B. HILEY
-----------------------------
David B. Hiley

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                                                                       Exhibit A
                                                                       ---------

In connection with the agreement of David B. Hiley to provide  certain  services
to Koger Equity, Inc., as stated in a letter agreement dated March 14, 1996, the
Company  agrees to  indemnify  David B. Hiley (the  indemnified  party) from and
against any and all losses, claims,  damages and liabilities,  joint or several,
to which the indemnified  party may become subject under any applicable  federal
or state law  otherwise,  related to or arising  out of the  performance  by the
indemnified  party of services under such letter  agreement,  and will reimburse
such indemnified party for all expenses  (including  reasonable counsel fees and
expenses)  as they  are  incurred  in  connection  with  the  investigation  of,
preparation  for,  or defense  of any  pending or  threatened  claim,  action or
proceeding.  The Company will not be liable  under this  agreement to the extent
that any loss,  claim,  damage or liability  is found in a final  judgement by a
court of competent  jurisdiction  to have resulted from the  indemnified  partys
willful misconduct or gross negligence.  The Company agrees that the indemnified
party shall not have any  liability  (whether  direct or indirect,  in contract,
tort or otherwise) to the Company  related to or arising out of the  performance
by the indemnified party of services under such letter agreement,  except to the
extent any losses, claims, damages or liabilities are found in a final judgement
by a court of  competent  jurisdiction  to have  resulted  from the  indemnified
partys  willful  misconduct or gross  negligence.  This agreement of the Company
with respect to  indemnification  and limiting the liability of the  indemnified
party shall survive any  termination  of the Companys  agreement  with Mr. Hiley
with respect to his providing services to the Company.








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