Are data rooms beneficial to accountants? The short and simple answer to this question is, yes. When an accountant is working within a large firm, or just on their own it is important to have the right tools at hand. From the ease of use during due diligence to a high level of data encryption, the benefits are evident and undeniable. Here are a few reasons why accountants should be working with a data room.

  • The confidential files can always be controlled and have permission settings or even a dynamic watermark
  • A level of control over who can see what and for how long, which necessary during virtual data room due diligence
  • Reporting and audits
  • Oversee all activity
  • Categorize and organize your documents
  • Security equivalent to banks