Seamlessly Mobilizing Company Data Since Inception: Unlocking Data Freedom with Buktec
- Changing Requirements: As the company expanded, its requirements for accounting and compliance evolved. They often needed to transition to different firms that could meet their growing needs.
- Data Transition Complexity: During these transitions, it was crucial to ensure that all historical data was securely handed over to the new firm. This process was cumbersome and fraught with complexity.
- Data requirements for DDs / audits: As the company faced multiple audits and DDs, they required the same set of information repeatedly. It consumed a lot of their bandwidth.
- Single Data Repository: Buktec created a single repository of all historical accounting and compliance data, spanning the company’s journey since its inception.
- Effortless Data Transfer: With a single click, the client could move their historical data from one accounting or compliance firm to another, ensuring a seamless transition without the risk of data loss.
- Read-Only Access for Due Diligence (DD) Agencies: The platform allowed read-only access to DD agencies, enabling quick and efficient due diligence processes for corporate transactions and closures.
- Data Mobility: The platform offered easy mobility of data throughout the company’s journey, making transitions between accounting and compliance firms hassle-free.
- Efficiency and Security: The one-click data transfer process streamlined transitions and ensured data security, mitigating the risk of data loss during shifts to new firms.
- Read-only DD Access: Read-only access for DD agencies expedites due diligence processes, saving valuable time during corporate transactions and closures