The Howdy Glossary

GoFileRoom is a document management software by Thomson Reuters, tailored for accounting firms, financial departments, and professional services. It provides electronic document storage, retrieval tools, workflow automation, and integrates seamlessly with tax preparation software systems. Key features include secure access to documents from various locations, compliance with regulatory requirements through detailed audit trails, and confidentiality controls for file sharing.

Thomson Reuters designed GoFileRoom to enhance efficiency and productivity by streamlining storage and retrieval processes. The platform's integration with tax preparation software is particularly beneficial for accounting firms and financial departments. Detailed audit trails aid in regulatory compliance by tracking user activity within the system while maintaining secure access to sensitive information through robust confidentiality measures.

GoFileRoom faces competition from similar products like Doc.It, DocuWare, and SmartVault but differentiates itself through its strong tax preparation software integration and emphasis on regulatory compliance via detailed audit trails. This positions it as a comprehensive solution prioritizing data security in professional service environments. By addressing industry-specific needs effectively, GoFileRoom stands out as a leading choice for document management in the accounting and financial sectors.