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What is the difference between a user and a company account?

When a Pipedrive account is created, both a user account and a company account are created.

The user account is a specific user — Dwight Schrute — who accesses Pipedrive using their login credentials.
The company account —Dunder Mifflin Paper Company Inc. — is the database of information that the users access within Pipedrive, and can contain many different users.