Qount Achieves SOC 2 Type II Certification, Ensuring Data Security for Accounting Firms

Qount's Commitment to Security and Data Protection

Qount, the innovative AI-driven Practice Intelligence Platform™ designed specifically for public accounting firms, has recently announced a significant milestone in its journey towards ensuring the highest levels of security and trust for its clients. The company successfully completed the rigorous SOC 2® Type II audit, a testament to its unwavering commitment to safeguarding sensitive information and maintaining operational integrity.

This impressive achievement reflects Qount's dedication to delivering not only a robust platform but also top-tier security standards to its customers. The audit was conducted by Armanino LLP, one of the top 25 accounting and consulting firms in the United States, known for its excellence in SOC audits. The successful outcome demonstrates that Qount’s operational procedures and control activities align with the stringent criteria set forth by the American Institute of Certified Public Accountants (AICPA) regarding data protection, security, availability, and confidentiality.

To ensure it was prepared for this rigorous assessment, Qount enlisted the expertise of Geels Norton, a renowned cybersecurity and advisory firm. Their collaboration involved comprehensive advisory services in advance of the readiness assessment and continues with ongoing support to maintain a robust security posture in alignment with industry best practices. This partnership highlights Qount’s proactive approach to information security and its determination to exceed standard compliance requirements.

Importance of SOC 2 Type II for SaaS Providers

The SOC 2 Type II certification is widely recognized in the SaaS industry as a benchmark for assessing the security protocols of service providers. Achieving this certification signifies that Qount has implemented effective controls over a specified review period, ensuring its internal processes, infrastructure, software, and risk management standards effectively protect customer data. This means that clients can rest assured that their sensitive information is being handled with the utmost care and security.

Peter Miele, Qount's Chief Executive Officer, emphasized the significance of this accomplishment by stating, "Earning our SOC 2 Type II is a significant achievement for Qount and a clear signal to the accounting profession that we take data security as seriously as they do." He also reiterated that amid the growing reliance of accounting firms on cloud-based technologies, Qount is committed to maintaining industry-leading controls and continuous monitoring to protect client information effectively.

The audit conducted by Armanino was thorough and independent, examining Qount’s internal processes over an extended period to validate the robustness of their security measures. This audit not only assures customers of enhanced security but also attests to Qount’s ability to follow repeatable processes that reinforce availability and confidentiality.

Mike Wilson, a Senior Manager at Armanino, praised Qount for their collaborative attitude during the audit, highlighting that the company’s organized and approachable team made the engagement seamless. This feedback emphasizes Qount's commitment to operational excellence and client partnership throughout the audit process.

Looking Ahead: A Future of Enhanced Security

As the landscape of accounting continues to evolve with cloud-first strategies, data security punctuates the discussion as a fundamental priority. With the SOC 2 Type II certification in hand, Qount's mission to empower accounting firms with a secure and streamlined platform is reinforced, promising operational efficiency while ensuring information integrity.

Since its inception in 2016, Qount has emerged as a significant player in providing an AI-native Practice Intelligence Platform tailored for public accounting firms. Their integrated solutions encompass various functionalities such as CRM, time and billing, onboarding, client collaboration, and document management, all aimed at improving operational workflows and enhancing value for clients.

In conclusion, Qount’s achievement of the SOC 2 Type II certification is not just a milestone; it represents a steadfast commitment to advancing data security in the accounting sector. As companies increasingly seek reliable technology partners, Qount stands at the forefront, offering innovative solutions backed by assurance of security and reliability. This recognition will undoubtedly foster trust among clients and partners alike, as they navigate the complexities of the modern digital landscape with confidence.

About Qount

Founded in Plano, Texas, Qount stands out with its AI-driven solutions, aiming to elevate the functional capabilities of public accounting firms. With features designed to unify various operational aspects, Qount is set to redefine efficiency in the industry.

About Geels Norton

Geels Norton is a respected boutique audit and advisory firm recognized for its high-quality services and personalized approach, specializing in various compliance standards to meet their client's unique needs.