Cogneesol Blog

Read insightful articles by our subject matter experts and business leaders across service lines and industries on market trends, business perspectives, technology inroads, future preparedness.
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Legal

Why India is a Preferred Legal Outsourcing Destination

For close to three decades now, India has been one of the most sought-after hubs for Legal process outsourcing services in the world. Outsourcing legal work to India is a preferred destination for global businesses owing to its high-quality legal services and cost savings. The country boasts a bevy of legal process service providers who can deliver transactional, mid-level, and [...]

Insurance Services

Optimize and Transform with Insurance Policy Management Software

Attracting and retaining customers are persistent challenges confronting insurers. Attribute this to the technology advancements that have been driving intense [...]

Outsourcing

The Power of Effective Contract Management in the Real Estate Industry

“The global real estate market size was valued at USD 3.69 trillion in 2021 and is expected to expand at [...]

cogneesol recognised as a major contender insurance everest bps peak matrix
Outsourcing

Cogneesol – A Major Contender in Everest Group’s P&C Insurance BPS PEAK Matrix® Again

Cogneesol has been recognised as a Major Contender in Everest Group’s P&C Insurance BPS PEAK Matrix for the year 2022. [...]

Remote Accounting Services
Accounting Blog

Remote Accounting Services – An Engine for Profitability and Growth

Businesses of all sizes are increasingly recognizing the benefits of remote work arrangements and digital accounting solutions. Small firms are [...]

Certificate of Insurance COI
Insurance Services

Certificate of Insurance: Everything You Need to Know

Certificates of Insurance (COI) are legal documents of proof of an individual or entity's insurance coverage. These certificates, used in [...]

Outsourced-Paralegals-Services
Legal Blog

How Law Firms Thrive with Outsourced Paralegals

Outsourced paralegal services are on the rise. According to the Legal Process Outsourcing Global Market Report 2023 by ResearchandMarkets.Com, “The [...]

AI in Accounting
Accounting Blog

The Impact of AI on Accounting Practices in 2024

“Accounting has evolved from simple record keeping to sophisticated systems of checks and balances. Key developments, according to BSC and [...]

Legal Case Management Software
Legal Blog

Legal Case Management Software – Which One Is Best for You?

The legal case management software landscape has been witnessing marked changes for the past few years owing to the increased [...]

Insurance Fraud Detection
Insurance Services

The Battle Against Deceit: Innovations in Insurance Fraud Detection

Insurance fraud detection has assumed a level of sophistication unthinkable even until a few years ago. The very landscape of [...]

Benefits of Outsourcing Accounting Services
Accounting Blog

Outsourcing Accounting Services: A Comprehensive Guide

Outsourced accounting services has grown to be one of the most strategic practices of businesses in the current world. The [...]

Cybersecurity accounting
Accounting Blog

Step-up your Digital Vigilance: Cybersecurity Strategies for Accounting in 2024

The rapid strides of technology and their integration in business functions have become indispensable for the smooth and efficient running [...]

Insurance Policy Renewal Process
Insurance Services

Reinvent your Insurance Policy Renewal Process Through Digitization

The insurance policy renewal process is undergoing a paradigm shift in today’s digital era. Like in most other spheres, digitization [...]

law firm growth
Legal Blog

How to Prepare Your Law Firm for 2024 and Beyond

According to the latest edition of the Thomson Reuters Institute's Law Firm Financial Index, demand growth for legal work in [...]

Contract Management
Contract Management Services

Contract Management – The Shield Your Business Needs from Legal Risks

We know that contract management is a critical aspect of every business. It serves as the very foundation of all [...]

Real Estate Accounting Outsourcing
Accounting Blog

Overcoming Challenges in Real Estate Accounting Outsourcing

Real estate accounting outsourcing is the practice of engaging external accounting firms or professionals. They handle the financial and accounting [...]

Contract Drafting
Contract Management Services

Mastering Contract Drafting: Strategies to Avoid Common Mistakes

Contract drafting is of the most important aspects of business transactions. Clear and well-drafted agreements between parties lay the very [...]

Technology in accounting
Accounting Blog

How is Technology in Accounting Transforms the Industry

Technology in Accounting is also referred to as FinTech. According to the CFA Institute, Fintech, or financial technology, refers to [...]

Outsourced Tax Preparation Cogneesol
Outsourcing

Simplify Your Taxes: Expert Advice on Choosing Outsourced Tax Preparation

Handling tax preparation and filing can be a daunting task. It involves meticulous account management, complex calculations, investment assessments, and [...]

Employee Benefits Insurance
Insurance Services

The Ultimate Guide to Employee Benefits Insurance

Employee benefits insurance emerged because of a few historical, social, and economic factors. It was first introduced in the late [...]

cogneesol applied net 2023
Event

Cogneesol at Applied Net 2023

Cogneesol will be a part of the Applied Net 2023, the world’s largest insurtech conference, from 23-26 October, at the [...]

Virtual Paralegals
Paralegal Blog

How Virtual Paralegals Are Shaping the Future of Law Firms

Virtual paralegals are legal professionals with law degrees and training who work remotely and provide a wide range of legal [...]

virtual accounting solutions
Accounting Blog

How Virtual Accounting Solutions Help You Grow Your Business

Efficient accounting is the core of a sustainable business that instills financial confidence and brings success. With balanced books, you can [...]

Accounting for Insurance Companies
Insurance Services

Accounting Practices for Property and Casualty Insurance Companies

Accounting practices of property and casualty (P&C) insurance companies vary widely. This variance depends on several factors. These factors include [...]

Contract Management Workflow
Contract Management Services

How Can Businesses Adapt Contract Management Workflow for Success?

Every business needs to optimize its contract management workflow. According to a study by World Commerce and Contracting, approx. 9.2% of [...]

Accounting Outsourcing
Accounting Blog

The Essential Guide to Outsourcing for CPA Firms [Infographic]

Accounting outsourcing is a viable strategy for CPAs and accounting firms. Especially when the tax season approaches, you may encounter [...]

Litigation Support
Legal Blog

Empowering Lawyers: The Role of Litigation Support

"Every time you spend money, you're casting a vote for the kind of world you want"- Anna Lappe! The same [...]

Accounting Outsourcing
Accounting Blog

Debunking Common Misconceptions About Accounting Outsourcing Services

According to the latest research report, Business Process Outsourcing - Purpose, Market, and Future Scope dated September 2023, accounting is [...]

Retail Accounting
Accounting Blog

How Retail Businesses Can Make Accounting Smooth? Experts’ Suggestions!

If you're running a retail store, ensuring an accurate account of your existing inventory may be a challenge. Many retailers [...]

insurance claims processing
Insurance Services

Benefits of Outsource Insurance Claims Processing Services

One of the most crucial pillars of the insurance industry is efficient insurance claims processing. It has a direct connect [...]

Good Bookkeeper
Accounting Blog

Why a Good Bookkeeper is Your Answer for Legal and Tax Compliance

"Compliance with financial regulations is not an option; it is an imperative that safeguards the interests of all stakeholders and [...]

Contract Lifecycle Management
Contract Management Services

Make 2024 the Year of Contract Lifecycle Management Adoption

Businesses of all sizes, across industry sectors, require their legal teams to have standard policies and protocols for effective contract lifecycle [...]

role of accountant
Accounting Blog

Evolving Role of CPAs: From Accountants to Strategic Advisors

Certified Public Accountants (CPAs) have traditionally provided specialized finance and accounting services to businesses across bookkeeping, period closure, financial statement [...]

Insurance Agency Management System
Insurance Services

Insurance Agency Management System – A Necessity

A traditional insurance agency's workflow often involves labor-intensive and error-prone manual processes for policy management, client data organization, claims processing, [...]

Outsourcing Litigation Support
Legal

Outsourcing Litigation Support – Your Road to Efficiency and Success

First, what is litigation support? Outsourcing Litigation support is the support provided to attorneys, legal teams, or law firms in [...]

accounting for manufacturing business
Accounting Blog

How to Strengthen Accounting for Manufacturing Businesses

Manufacturing organizations engage in the production of tangible goods using dedicated facilities, specified processes, and skilled workforces. It involves the [...]

Accounts Payable Digital transformation
Accounting Blog

Accounts Payable Digital Transformation – An Imperative

In present times, innovation = digital transformation. It involves adopting and implementing digital technologies, tools, and strategies to transform business [...]

Incident Response Services
Document Review

Cyber Incident Response – How Prepared is Your Organization?

Technology has brought in its spate increased connectivity. The proliferation of mobile technologies, Internet of Things (IoT) devices, cloud computing, [...]

Accounts Receivable
Accounting Blog

Cash Flow with Effective Accounts Receivable Management

Entrepreneurs often consider profit and loss accounts to increase profit margins. Hence, they prioritize profit or accounts receivable and hold [...]

Litigation Support
Legal

How Litigation Support Services Can Be Your Game-Changer

From discovery to trial, did you know that a good litigation support company can give you a winning edge? They can [...]

Insurance Outsourcing
Industries

Innovating and Evolving – How Insurers are Beating Disruptions

This Decade is Fast Turning Out to be the ‘Decade of Disruptions’. 2020 started with the COVID-19 pandemic that caused [...]

Accounting Services for Law firms
Accounting Blog

Accounting Services for Law Firms – A Basic Necessity

Law firms have several unique accounting needs due to the nature of their business and the specific regulatory requirements they [...]

Outsourced Accounting Services
Accounting Blog

When Should CPAs Consider Outsourced Accounting Services?

The world of Certified Public Accountants (CPAs) is multi-faceted. Working in public accounting firms, government agencies, corporations, or as independent [...]

Bookkeeping Backlogs
Accounting Blog

Avoid Bookkeeping Backlogs – Best Practices for Up-to-date Accounting

One of the biggest tenets of good accounting is clearing bookkeeping backlogs efficiently. Timely recording of accounting entries is crucial [...]

Contract Management
Contract Management Services

Contract Management in the New Era – Challenges and Opportunities

World Commerce and Contracting has estimated that 60-80 % of business operations are governed by contracts and agreements. Astute and meticulous management of [...]

Real Estate Accounting
Accounting Blog

Real Estate Accounting Hurdles: Top Challenges and Solutions [Infographic]

Real estate accounting has come a long way, from simply recording transactions to providing critical insights for informed decision-making. However, [...]

legal support
Legal

How Legal Support Services Can Propel Growth for Law Firms

With sweeping changes across regulations, compliance requirements, and risk management, law firms are facing operational pressures to manage their budgets. [...]

Virtual Accounting Assistant
Accounting Blog

Common Mistakes to Avoid While Working With Virtual Accounting Assistants

A virtual accounting assistant is a person who provides accounting and bookkeeping services remotely. They leverage technology such as email, [...]

Insurers priorities
Insurance Services

Insurers’ Priorities to Overcome ‘New-World’ Challenges

Top challenges facing the insurance industry According to the Annual Insurance Review,  natural disasters, ESG responsibilities, and cyber risks will be [...]

client retention strategies
Accounting Blog

Ways Accounting Firms Can Retain Clients Successfully

Good customer relationship is basic to a business Customer relationship is a function of value delivered vis-à-vis investments made. It [...]

Legal Practice
Infographic

The Future of Legal Practice: How Technology is Changing the Game [Infographic]

The future of law practice seems to be growing in the right direction because technology is redefining the legal industry. [...]

reasons why retail business may fail
Accounting Blog

Why Retail Businesses Fail: Tips to Survive and Thrive

World over, the retail industry is in a state of flux. Hyper e-commerce activity triggered by the COVID-19 pandemic along [...]

Outsourced paralegal
Legal

Balancing Workload and Budget: The Benefits of Outsourced Paralegals

What does the data say? According to the Legal Process Outsourcing (LPO): Global Strategic Business Report by Research and Markets, “In [...]

Tax Preparer Mistakes
Accounting Blog

Common Mistakes Tax Preparers Make and How to Avoid Them

Tax season is stressful for many individuals and businesses, and finding a qualified tax preparer can make the process smoother. [...]

Customer Experience Outsourcing
Insurance Services

Cogneesol Provides Support in Improving CX for Insurers

AI-driven World of Today and Tomorrow With Artificial Intelligence (AI) making fast and drastic inroads into the hitherto realms of [...]

restaurant accountant
Accounting Blog

How can Accountant help a Restaurant with Financial Success?

The restaurant business has always been the fastest-growing, provided they do it right. Operating a restaurant is no easy job, [...]

Accounts Receivable Challenges
Accounting Blog

Beat Accounts Receivable Challenges through Outsourcing

When we look at the world of accounting, Accounts Receivable (AR) is a term that refers to the money owed [...]

cpa tax preparation
Accounting Blog

Why CPAs Need Tax Preparation Services During Tax Season?

The tax season is about to kick off, and CPA firms will soon start running in all directions. The ultimate [...]

Outsourcing Accounts Payable
Outsourcing

How can you Leverage the Benefits of Outsourcing Accounts Payable for Businesses?

The business world is becoming more competitive with each passing day. To become a preferred business in your domain, you [...]

Virtual bookkeeping
Accounting Blog

Virtual Bookkeeping: Everything You Need to Know [Infographic]

Maintaining your accounting records is always one of the most critical tasks for businesses. So, hiring virtual bookkeeping services is [...]

Lawyers producivity
Infographic

Practical Ways for Lawyers to Be More Productive [Infographic]

Hard work is the ultimate way to achieve. But is it true in law firms? Well, lawyers often struggle with [...]

cpa firm growth strategies
Accounting Blog

A Comprehensive Guide to Setting Realistic Revenue Goals for CPA Firms

Setting realistic business goals is crucial for every business, including CPA firms. A CPA firm’s goals can be anything from [...]

Role of Insurance BPO
Insurance Services

Role of BPO in the Insurance Industry: Experts Opinion

It has become challenging to survive in today's volatile business environment. This is why we are witnessing a substantial change [...]

restaurant accounting guide
Accounting Blog

Boosting the Accounting Function: A Guide for Restaurant Owners

The food industry is changing. Restaurant owners are passionate about food and wish to share their love for food with [...]

Policy Management Services
Insurance Services

Experience Optimal Growth by Outsourcing Policy Management Services

The entire insurance sector network, including agents, brokers, and carriers, has to manage a vast amount of back-office management and [...]

Tax Planning strategies
Accounting Blog

Top Tax Planning Strategies to Follow

Tax planning is crucial to overall business planning and must be handled with due care. Experts suggest that the more [...]

Legal Process Outsourcing
Legal Blog

Legal Process Outsourcing to Boost Efficiency and Profitability

Just like BPO Services, Legal Process Outsourcing (LPO) is an industry that offers to outsource routine legal tasks to businesses. [...]

Tax Season tips
Accounting Blog

6 Tips to Avoid Burnout During This Tax Season

Tax season is undoubtedly the busiest time of the year for numerous CPAs and accounting experts across the globe. It [...]

Legal Process Outsourcing Services
Legal

Legal Process Outsourcing Services On The Rise: What’s The Reason?

The global legal services industry was majorly dominated by developed countries like the US over the last couple of decades. [...]

Insurance Backoffice Providers
Outsourcing

How Insurance Back office Providers Help Insurers Bridge Talent Gap

Insurance is one of the industries that have grown really fast in the past few decades. No doubt it's the [...]

Legal Profession Challenges
Legal

11 Biggest Legal Profession Challenges in 2022

The legal sector has exploded in the past few years and became a multi-billion-dollar industry with a wide range of [...]

accounting mistakes
Accounting Blog

10 Money-Wasting Business Accounting Mistakes You Must Avoid

While companies always aim for higher sales and profits, there is sometimes a possibility of loss due to different reasons. [...]

Real Estate Accounting
Accounting Blog

Real Estate Accounting – Common Mistakes to Avoid

Finance management in a real estate business is one of the most crucial but challenging processes. The process typically requires [...]

Insurance Companies
Insurance Services

How Outsourcing Can Upgrade your Insurance Business?

According to Facts and Factors , “The global insurance business process outsourcing market size was worth USD 5,924.10 million in [...]

Legal Technology
Infographic

Legal Technology Helps in Improving the Client Experience (Infographic)

The legal sector has been quite reluctant to change, especially in terms of embracing technology. However, in the modern business [...]

insurance bpo services
Insurance Services

Insurance BPO: The New Imperative for Insurance Companies

The insurance sector has been struggling to manage the continuously increasing expenditure and for many insurers, this growing-costs challenge is [...]

Accounting Outsourcing
Accounting Blog

Want to Add Value to Your CPA Firm? Accounting Outsourcing Can Help!

Over the last few years, the finance and accounting sector has been through a series of drastic changes, for example, [...]

Bookkeeping for Law Firm
Accounting Blog

8 Best Law Firm Bookkeeping & Accounting Practices

Attorneys spend several years practicing law after completing years of formal education and training. You might have also done the [...]

chart of accounts for restaurant
Accounting Blog

How to Prepare a Chart of Accounts for Your Restaurant?

A chart of accounts is one of the best tools to record financial information itemized among categories. It influences other [...]

Medical Record Review Techniques
Litigation Support

8 Techniques for Efficient Medical Record Review Process

Medical record review is an essential process for ensuring the medical information’s accuracy and authenticity. Medical records are most commonly [...]

Underwriting Fraud
Insurance Services

Expert Suggestions to Detect & Prevent Underwriting Fraud in P&C

While the property and casualty industry continues to flourish, repetitive insurance back-office activities needing a little less attention than the [...]

claims management
Claims Management

Outsource Insurance Claims Data Entry Services

Insurance companies deal with large-size data sets daily to process insurance claims, while they also need to ensure timeliness in [...]

personal injury litigation services
Legal Blog

Top Reasons Personal Injury Law Firm Should Outsource Litigation Support

Attorneys and paralegals at law firms usually remain immersed in several legal tasks while handling personal injury litigation cases, ranging [...]

Insurance Accounting Outsourcing
Insurance Services

Insurance Accounting Outsourcing – The Smarter Way for Agencies to Grow

Insurance businesses in any country across the world play a crucial role in the well-being of citizens. And not being [...]

Accounting Outsourcing
Accounting Blog

Accounting Outsourcing: How is it ideal for CPA Firms? [Infographic]

CPA outsourcing services have become more prominent in the global finance and accounting industry. Undoubtedly, CPA firms are a reliable [...]

legal technology
Infographic

How Will Tech Aid Legal Work in The Future [Infographic]

Technological enhancements in robotics, ML, and AI are all set to bring a new age of automation, and legal is [...]

Insurance Bpo Services
Insurance Services

How Insurance BPO Services Can Help Insurance Companies Grow

The insurance sector is going through a broad change considering today's dynamic and complex business environment. Apart from strict regulations, [...]

Enhance-Legal-Process
Legal Blog

How LPOs Can Enhance Law Firm Operations?

Today, businesses have become highly competitive, driving the need for legal services. This is creating pressure on law offices and [...]

Accounting Method
Accounting Blog

Cash Accounting or Accrual Accounting: What’s Best for Your Business?

As a business owner, you would already know the importance of accurate finance and accounting method for better finance management. [...]

Poor Bookkeeping
Accounting Blog

Poor Bookkeeping Impacts Your Business; Know How to Improve

Bookkeeping is one of the most fundamental aspects of any business’s financial side. It provides information on areas that generate [...]

Insurance Business
Insurance Services

Turnaround Times Affecting Insurance Business Growth

As an insurance carrier or MGA, you might already know how longer turnaround times (TAT) can potentially affect your customer [...]

tax preparation for cpa
Accounting Blog

Why CPA Firms Should Outsource Tax Preparation – 6 Strategic Reasons

The tax season is fast approaching; as a result, CPAs and CPA firms are becoming busier than usual due to [...]

Outsource tax preparation
Accounting Blog

Don’t Get Overwhelmed: Outsource Tax Preparation Services This Tax Season

As the world is moving into a new year, businesses and accountants are busy collecting and organizing financials for tax [...]

Outsource Tax preparation
Accounting Blog

Outsource Tax Preparation and Reduce Your CPA Firm’s Costs

Every business, regardless of the industry, needs to deal with complicated finance-related functions. Given the complexity involved, many firms outsource [...]

Accounts Payable Fraud Prevention
Accounting Blog

Accounts Payable Fraud and Prevention [Infographic]

Accounts payable (AP) is one of the most tedious and labor-intensive accounting processes. Around 71% of companies claim that manual [...]

Tax Preparation Outsourcing
Accounting Blog

CPA Tax Preparation: Make Your Tax Season Effortless with Outsourcing

Running a CPA firm is a huge responsibility in itself that owners manage tremendously. However, as a CPA firm owner, [...]

insurance business
Insurance Services

Optimizing Insurance Business through Operational Excellence [Infographic]

Insurers are under immense to manage their current insurance business operating expense environment effectively. Constant low investment returns, ever-increasing competitive [...]

Salesforce NetSuite integration
Accounting Blog

Salesforce NetSuite Integration Methods & Associated Advantages

Salesforce and NetSuite are the popular choices across business sectors globally. Salesforce is best for sales teams for sales closing [...]

remote work security best practices
Accounting Blog

Best Remote Work Security Practices for Accounting Firms

In the past couple of years, most accounting firms have rushed to adopt alternate work arrangements to support continuity and [...]

CPA Firm
Accounting Blog

Is Your CPA Firm Losing Clients? Here are 10 Often Ignored Aspects!

If asked for the major reasons why a CPA firm loses a client, we are sure that you are already [...]

Accounting Software
Accounting Blog

QuickBooks vs FreshBooks: Best Accounting Software for Businesses

In the new business era, most organizations are looking for advanced accounting software to streamline business accounting and finance management [...]

Remote Work
Legal

Law Firms Must Remain Secure in the Remote Work Era: Know How!

With the rapid shift in working methods, the IT and security professionals at law firms are encountering more pressure to [...]

Account Reconciliation
Accounting Blog

Business Account Reconciliation: Major Challenges and Their Solutions

Account reconciliation can have a significant influence when understanding the monetary wellbeing of your business. This makes it a vital [...]

Insurance BPO
Insurance Services

Insurance BPO: Gain a Competitive Edge for Your Insurance Business

Today’s complex and fiercely challenging business environment has imposed a need on the insurance sector for radical changes. Among other [...]

Law Firms
Legal

How Law Firms Can Ensure Value to Clients and Benefit from it

The COVID-19 pandemic has disrupted everything, and all present predictions and strategies of running a law firm have become futile. [...]

Insurance Agency Management
Insurance Services

Effective Insurance Agency Management Makes the Agency Great: Know How!

When it comes to insurance agency management, streamlining it can be a nerve-wracking process. Hence, insurers need to increase their [...]

Breach of Contract
Contract Management Services

Breach of Contract: Types, Impacts and Available Remedies

Large organizations make different significant decisions every day, so they need to deal with an immense proportion of outside and [...]

Virtual Bookkeeping Services
Accounting Blog

Are Virtual Bookkeeping Services Meant For Your Business?

The ongoing pandemic has led to revolutionary changes in bookkeeping firms because businesses are shifting from traditional methods to virtual [...]

Industrial benefits of Contract Management Software
Contract Management Services

5 Industries that can Gain a Competitive Advantage with Contract Management Software

In many industries, contracts are the foundation defining operational requirements for project fulfillment. Thus, contract lifecycle management (CLM) becomes crucial [...]

data analytics in accounting
Accounting Blog

How to Gain Data Analytics Capabilities in Finance & Accounting?

Table of Contents Introduction Scope of Data Analytics in Accounting How to Make Efficient Use of RPA and Prevent Potential [...]

Market-Influencing Litigation Trends 2021 – Experts’ Opinions
Legal

Market-Influencing Litigation Trends 2021 – Experts’ Opinions

With drastic changes that we have witnessed since the pandemic in 2020, the legal sector had to undergo some significant [...]

Bookkeeping Clean Up
Accounting Blog

How Monthly Cleanup of Books Can Uplift Your Business

Business owners make numerous transactions in a day which also means innumerable entries in the books. This significantly increases the [...]

insurance claims management
Claims Management

Insurance Claims Management: Problems & Modern Solutions

Insurance is one of those few sectors experiencing a series of disruptions caused by several factors (such as technology, frequently [...]

Business Finances
Accounting Blog

How to Cope up with Business Finances Effectively

With the first quarter of the financial year 2021-22 already passed, small business owners are looking forward to financial upliftment. [...]

Cloud Key Trends & Predictions
Cloud Management

Cloud Key Trends & Predictions to Look at in 2021

The last year was challenging and somewhat troublesome for all businesses; mostly every firm was affected and has been through [...]

Reasons to Consider a Shift to Cloud-Based Law Office Management
Law Firm Management

Reasons to Consider a Shift to Cloud-Based Law Office Management

The ongoing pandemic has affected almost all sectors, out of which legal is one that has been experiencing a growing [...]

Business Accounting Services
Accounting Blog

Choose External Business Accounting Services – Why & How?

Today's business owners are encountering greater expectations regarding financial transparency and compliance concerning changing government policies. In addition, businesses have [...]

technology in accounting
Accounting Blog

Role of Tech in Accounting: Unlock Long-Term Growth in 2021 

Technology in accounting is not the same as before. It will continue to change. In fact, at challenging times, technology [...]

Tax Saving Strategies
Accounting Blog

8 Tax-Saving Strategies Suggested by Experts for SMBs

Running a small business has an expense of its own. For an entrepreneur, every dime counts! For a small business [...]

Insurance Business Process Management
Insurance Services

How to Optimize Insurance Business Process Management for Higher Efficiency?

Insurance is a sector that depends heavily on documents as it processes high volumes of hardcopy customer forms, claims applications, [...]

Title Search
Legal

5 Crucial Steps Completing the Title Search Process

In real estate law, a title search (also called property title search) is a process followed to retrieve documents. It [...]

bookkeeping tasks
Accounting Blog

The Ultimate To-Do List for Bookkeepers – Experts’ Opinions

Businesses of all sizes execute various processes. From which financial management plays a key role, helping owners to make informed [...]

insurance BPM solution
Insurance Services

BPM Solutions: The Path Toward Growth for Insurance Agencies

Insurance is not an easy business to run as there are several processes and departments to manage. Insurance agency owners [...]

Cloud Solutions
Cloud Management

6 Reasons to Transform Your Business using Cloud Solutions

Cloud computing is a set of technologies that provide users with IT infrastructure via the internet. Cloud-as-a-Service (CaaS) solutions can [...]

Medical record-litigation Support Services
Legal Blog

Experts Opinion on Retrieving Medical Records

Medical records (including any relevant records) play a primary role in any personal injury claim. Once an individual files for [...]

Finance Management
Accounting Blog

Keys to Business Success: Hiring the Right People for Finance Management

To run a business successfully, it is critically important to have the right people work for you. Whether your employees [...]

Cash Flow Real Estate
Accounting Blog

Major Cash Flow Killers that Can Crush Real Estate Companies

When you plan to run your real estate business smoothly, you need to comprehend two main factors – income and [...]

Insurance Claims Management
Claims Management

Tips from Experts to Overcome Insurance Claims Management Challenges

The insurance business runs on several vast processes. Claims management is one of the most challenging ones, which includes crucial [...]

Legal Practice
Legal

Why Should Lawyers Adopt Technology for Their Legal Practice?

The legal practice has changed significantly in the last few decades. It has now become a global enterprise market, which [...]

will ai replace accountants
Accounting Blog

Debate: Will Automation Replace Accountants?

Will AI replace accountants? One of the trending questions hitting the mind of accountants. No doubt, automation is the way [...]

BPO company
Outsourcing

Clutch Recognizes Cogneesol as Top BPO Company

Business process outsourcing companies (BPO) are taking over, and the question that lingers on most business people's minds is — [...]

tax busy season
Accounting Blog

Is Your CPA Firm Ready for the Busy Tax Season? [Infographic]

Busy tax season is here again, and CPAs worldwide are now on their toes, busy preparing their clients' tax files. [...]

Accounting for decision making
Accounting Blog

How Today’s Accounting Numbers Help You Make Better Business Decisions

Financial insights into the previous year’s cash flow are essential for business owners to create an accurate accounting for decision [...]

closing the books accounting
Accounting Blog

Small Business Accounting: How to Close Your Books at the End of the Year?

2020 has been a troublesome year for almost all types of businesses. Moreover, the year-end accounting processes add to the [...]

Tax Season
Accounting Blog

Things Tax Professionals Actually Do to Recharge after Busy Tax Season

All businesses are required to file taxes for which they either hire tax preparation companies or have an in-house team of tax [...]

Tax Season Tips
Accounting Blog

Tips That Help Ease the Rush of Next Busy Tax Season

Regardless of your experience as an accountant, you might never say tax season is an easy time. It is always [...]

business expenses
Accounting Blog

Ways to Cut Your Day-to-Day Business Expenses

Running a business is not always about boosting revenue, but about lowering expenditure too. Business owners often work as a [...]

Best Accounting Practices
Accounting Blog

Navigate Change with These 10 Steps to Achieving Best Accounting Practices

Running a business is not limited to selling products or services and gaining revenue. It has become way more than [...]

accounts receivable
Accounting Blog

How Can Businesses Manage Accounts Receivable amid a Crisis?

Businesses worldwide have learned a lot in the past few months. While stepping forward, companies adapt to the new normal [...]

Tax Season
Accounting Blog

How can CPAs Overcome Busy Tax Season Challenges – Experts’ Opinion!

Tax season is challenging for CPAs as it brings a lot of work pressure. To achieve profitable growth and ensure [...]

cash flow crisis
Accounting Blog

Best Practices for Retailers to Maintain Steady Cash Flow during COVID-19 Crisis

As most countries have come under a partial lockdown situation where consumers avoid human contact (with most people not coming [...]

Tax Filing Mistakes
Accounting Blog

Filing Taxes? Watch Out for these Common Mistakes!

The biggest testing time for businesses around the world is the time when they start preparing and filing taxes. Staying [...]

outsourcing accountant
Accounting Blog

The Role of an In-House and Outsourcing Accountant in the Present Scenario!

Every business operates differently, but there are several functions that run identically in all the businesses, with accounting being the [...]

accounting practice management
Accounting Blog

Practice Management in a Future-Ready Accounting Firm!

In accounting firm practice management, staying attuned to new trends isn't merely an option. It has become a necessity to [...]

Benefits of RPA in accounting
Accounting Blog

Why should Accounting Firms Leverage RPA during a Pandemic?

The entire world is facing an economic crisis. To maintain the trust of investors and stakeholders, every company is relying [...]

business tax records
Accounting Blog

For How Long One Should Keep Business Tax Records & Receipts? [Infographic]

Every company has to manage a plethora of tasks on a daily, weekly, monthly, and yearly basis. This includes dealing [...]

Retail Strategies during covid
Accounting Blog

How should Retailers get Prepared against COVID-19 in 2020?

The COVID-19 outbreak has brought the human life to a halt. It disrupted the worldwide economy, and challenged us like [...]

accounting firms and coronavirus
Accounting Blog

Coronavirus: Is Your Accounting Firm Prepared for a Pandemic?

Coronavirus has probably become the biggest threat to mankind in the last 100 years and so. It has not only [...]

Healthcare Contract Management
Legal Blog

Transforming Healthcare Contract Management: Best Practices for Law Firms

The healthcare industry is one of the most competitive industries in the world. New challenges in the form of rising [...]

contract termination
Legal Blog

How Can One End Contracts While Maintaining Business Relations?

If your company needs to end contract for any practical reason, you can do so. But is it possible to [...]

Medical record review services
Legal Blog

In-depth Comparison of Outsourcing Medical Record Review Services with In-House Reviewing!

A lawyer's job is quite challenging. First, they must conduct in-depth case research. This can be time-consuming, especially when it [...]

Deposition Summary
Legal Blog

The Complete Guide to Drafting a Deposition Summary Proficiently!

Depositions hold immense importance in civil litigation and are one of the essential tools used in the discovery process, making [...]

Legal Industry
Legal Blog

How is Coronavirus Affecting the Legal Industry?

Coronavirus has created an impact on businesses and individuals like never before. Today, almost every industry is struggling with the [...]

law firm business development
Legal Blog

10 Proven Approaches to Law Firm Business Development

In general, business development means pursuing great opportunities for a business; the same goes for your law firm. Law firm [...]

outsourcing
Insurance Services

Why You Need Outsourcing to Growth Hack Your Insurance Business in 2021?

In the aftereffects of the recent worldwide pandemic, remote working and outsourcing will be more popular and relevant to most [...]

business growth strategies
Accounting Blog

Strategies to Keep Your Business on the Right Track: 7 Key Tactics

Business expansion often leads to operations getting more complicated; everyday tasks become more challenging to manage and consume more of [...]

Insurance outsourcing
Insurance Services

Key Facts About Insurance Outsourcing Overseas & Cost Saving!

The insurance industry is analogous to any other industry where firms leave no stone unturned. If we talk about insurance [...]

bookkeeping issues
Accounting Blog

Top Bookkeeping Issues Businesses Face and their Solutions!

Irrespective of the business size, accounting holds immense importance in every business. It is imperative to take care of the [...]

Business Finances
Accounting Blog

How Can Owners Delegate Their Business Finances?

Being a business owner, you have many jobs to do as with each passing day, and your business always demands [...]

Real Estate Investors
Accounting Blog

The Key Laws All Real Estate Investors Need to Know!

Investing in individual properties takes a lot more work than opening a Fidelity account to trade stocks. Unlike the stock [...]

dentists
Accounting Blog

How can Dentists Cope with COVID-19 During and Post-Pandemic Period?

Covid-19 has impacted every business practice across the world, and the dental practice is no exception. What makes the dental [...]

payroll tips for small business
Accounting Blog

How to Manage Payroll? Tips for Small Businesses

Payroll processing is one of the most monotonous and time-consuming aspects of every business. You have to compute employees' wages [...]

Financial Reporting
Accounting Blog

Accountants’ Role in Insurance Financial Reporting amid the COVID-19 Outbreak!

Coronavirus pandemic has caused a lot of disruptions in the business finances and processes across the world. The traditional business [...]

covid 19 impact on business
Accounting Blog

Global Impact of COVID-19 Outbreak on Businesses Across Industries

The COVID-19 impact on business is evident across various sectors. However, hospitality, retail, and personal services, with smaller organizations face [...]

Personal Injury Lawyers
Legal Blog

Problems to Solve: Top 8 Challenges of Personal Injury Lawyers

Attorneys are legal experts always ready to help citizens, corporations, or government agencies with their legal matters and disputes. It [...]

What Changes are Expected in the Restaurant Industry Post COVID-19?
Restaurant and Hospitality

What Changes are Expected in the Restaurant Industry Post COVID-19?

Halted business operations due to COVID-19 have led to financial disruptions in the restaurant industry. Undoubtedly, the pandemic period will [...]

Insurance Policy Renewal
Insurance Services

How Outsourcing Firms Assist Insurance Companies with Policy Renewal Services?

Insurers throughout the world handle a plethora of insurance policies on a regular basis. From new policies to renewal requests, [...]

Legal Administration Outsourcing
Legal

Why Law Firms Should Consider Legal Administration Outsourcing?

Legal administration, a necessary clerical department in law firms, supports attorneys in maintaining the work schedule in balance with time [...]

How To Keep Your Business Safe During Times Of Drastic Change?
Outsourcing

How To Keep Your Business Safe During Times Of Drastic Change?

It is not often that businesses throughout the world go through a similar crisis and get affected in a similar [...]

Real Estate Public Relations
Accounting Blog

Public Relations Strategies For Realtors Which Help Them To Boost Their Business

Public relations campaigns are a broad mixture of advertising & marketing, event planning, media relations, social media reputation, etc. mainly [...]

Insurance Outsourcing
Insurance Services

Insurance Outsourcing: Business Continuity Plan for Insurers

COVID-19 has brought along a massive stone of challenges when it comes to insurance business continuity plan. Amid all this, [...]

bookkeeper
Accounting Blog

Defining the Role of Bookkeeper in Your Business!

We all know the significance of bookkeepers for a business. They manage daily transactions occurring in a company and maintain [...]

Avoid a Restaurant Bankruptcy!
Accounting Blog

Here’s How You can Avoid a Restaurant Bankruptcy!

Every business wishes to generate maximum profits, and the restaurant business is no different. However, in the case of restaurants, [...]

Logistics Outsourcing
Bill of Lading

Logistics Outsourcing: Easy Way to Processing Freight Bills and Bill of Lading

Freight billing might seem an easy task to carry out; you have goods that you need to ship, they reach [...]

Back Office Accounting
Accounting Blog

The Role of an Accounting Back-Office Partner during COVID-19 Outbreak!

The world economy and health have been disrupted significantly ever since the COVID-19 outbreak started. The personal and professional lives [...]

Insurance Industry
Insurance Services

COVID-19 Pandemic Affecting Insurance Operations & Finances

Since the COVID-19 pandemic, the world has grappled with numerous challenges, with many of them still unresolved. This includes significant [...]

Cloud Accounting Software
Accounting Blog

Cloud Accounting Software Forecast for 2020-2025! [Infographic]

In today's evolving business landscape, technology has emerged as the driving force behind the transformation worldwide. Almost every industry harnesses [...]

ecommerce business in covid 19
Accounting Blog

How can E-commerce Businesses handle Rising Customer Demand amid COVID-19?

-Novel Coronavirus (COVID-19) has affected various sectors and industries severely. According to experts, its initial impact on e-commerce has created [...]

Outsourcing bookkeeping
Accounting Blog

How Outsourcing Bookkeeping is the Best Algorithm for Scalability?

Businesses around the world have the sole aim of generating profits, and this is only possible when they devise strategies [...]

Document Management
Data Management Blog

Uncovering the Benefits of Digital Document Management!

Running a business is not easy. You have to take care of not only your internal processes but also your [...]

eCommerce Businesses
Data Management Blog

How can eCommerce Businesses Thrive during the COVID-19 Outbreak?

COVID-19 impact on E-commerce has been hard to digest and cope with, affecting the economy at large. With lockdowns mandated [...]

Payroll Compliance Guide
Accounting Blog

A Step-By-Step Guide to Ensure Payroll Compliance!

A business can succeed and sustain itself in the market only with the hard work and support of its employees. [...]

Healthcare FinTech
Accounting Blog

How FinTech is Enhancing Growth in Healthcare Industry

Digitalization has transformed the way industries operate. Be it banking, marketing, retail, or manufacturing, these have always been the early [...]

how to save a failing business
Insurance Services

5 Steps to Save Your Failing Business amid COVID-19!

According to one survey conducted by Veem, 27% of businesses expect to experience average to the unreasonable impact of the [...]

Emerging Business Risks Are Insurance Companies Ready to Respond
Insurance Services

COVID-19 Outbreak: Are Insurance Companies Ready to Respond?

Observations are indicating that the virus - COVID-19 has been spreading westwards, as starting from the Central Asian country – [...]

Business Continuity tips
Accounting Blog

Business Continuity: What you can do to Manage Market Uncertainties

The rapidly spreading COVID-19 is badly affecting human life and the economic condition of countries across the world. As citizens [...]

The Digital World Propels Insurance Companies to Re-Evaluate Their Operations!
Insurance Services

The Digital World Propels Insurance Companies to Re-Evaluate Their Operations!

This is 2020-A year which is recognized as the year of digitalization and modernization. At present, almost every industry of [...]

virtual reality in real estate
Industries

Innovative Ways You Can Use Virtual Reality in the Real Estate Business

Virtual reality, commonly known as VR, is a technology that offers both practical and commercial applications. VRs have been used [...]

outsourcing accounting
Accounting Blog

How are Outsourcing Accounting Services Helpful during the Coronavirus Outbreak?

h Coronavirus has left multiple businesses handicapped concerning the closing down of its physical operations, shortage of staff and equipment, [...]

Next Generation Manufacturing
Accounting Blog

The Next Generation of Manufacturers: What Would It Look Like?

Many people have been having this misconception that the jobs in the manufacturing industry are dirty, dangerous, labor-intensive, and low-paying. [...]

Paralegal services
Infographic

Evolution of Paralegal and its Impact on the Legal Industry

The legal industry has witnessed an immense paralegal evolution over the years. It is one of the most demanded legal [...]

insurance
Insurance Accounting

Impact of Coronavirus on the Insurance Companies!

The entire world has been affected by coronavirus. COVID-19 has not only made the health suffer of individuals worldwide but [...]

role of technology in accounting
Accounting Blog

The Role of Technology: Strengthening Relationships between Accounting Firms & Clients- Part 2

We discussed in part 1 that how the role of technology in accounting is refining and redefining the relationships between [...]

role of technology in accounting
Accounting Blog

The Role of Technology: Strengthening Relationships between Accounting Firms & Clients – Part 1

2020 is the modern age of digitization, and today, almost every industry has leveraged technology to streamline its internal and [...]

Essentialities are Missing on Your Balance Sheet
Accounting Blog

What Essentialities are Missing on Your Balance Sheet?

Every business competes hard in the industry to emerge as a winner amongst its competitors. For making this dream a [...]

Insurance Business
Insurance Services

Tech, Talent, and Data: 3 Critical Pillars for the Future of Insurance

Insurers need to seek solutions that can bring operational strength in order to prepare for the future. Tech, talent and [...]

Big Data in 2020
Data Management Blog

What Big Data Might Bring in 2020: Experts Predictions!

With more and more digital platforms, humans are generating a substantial amount of information every minute. In fact, the total [...]

Accounting Firms
Accounting Blog

Accounting Departments and Firms Reveal What They Look Forward to!

Every year, new innovations and technologies enter the market and refine and redefine the accounting processes. This is imperative also [...]

Unpaid invoice
Infographic

How to Handle Unpaid Invoices and Preserve Cash Flow?

Handling unpaid invoices is crucial for maintaining a healthy cash flow within any business. When faced with overdue payments, several [...]

Contract Disputes
Contract Management Services

Avoid Business Contract Disputes with these Expert Tips!

If your company needs to terminate a contract for any practical reason, you can do so. But is it possible [...]

Outsourcing for Accounting firms
Accounting Blog

Why Outsourcing is a Growth Engine for Accounting Firms?

Most CPA firms usually face one common challenge: ensuring their financials are managed in the same manner as their clients’. [...]

Electronic Health Record
Healthcare

Electronic Health Record – A look at its Problems and Benefits

The Electronic Health Record (EHR), previously called Electronic Medical Record (EMR) or Computerized Patient Record (CPR), is a systematic collection [...]

Accounting for dental practices
Accounting Blog

Dental Accounting Tips – Making Sense of Numbers

You have ventured into dentistry because you were enthusiastic about helping people look great and get healthy. Nevertheless, if you [...]

RPA in finance and accounting
Accounting Blog

A Comprehensive Guide to RPA Implementation in Financial Reporting

Table of Contents Introduction RPA in Finance & Accounting The Role of RPA in Financial Reporting How to Make Efficient [...]

Legal Case Management Software
Law Firm Management

What Makes the Legal Case Management Systems a Necessity for Law Firms?

Today, almost every industry has leveraged technology to streamline its operations. The reason is a modern and digital world in [...]

macine learning in manufacturing
Accounting Blog

Different Ways Machine Learning is Leading to Smarter Manufacturing

In the current time, machine learning has become a vital part of the manufacturing industry, helping to reduce costs and [...]

in house accounting vs outsourcing
Accounting Blog

In house vs. Outsourced Accounting: The War Continues in 2020

When a business grows, its financial requirements grow concurrently. As a result, owners (who usually don’t have accounting know-how) undergo [...]

best tax preparation software
Accounting Blog

Top 10 Tax Software with Comparisons to let You Choose the Best One!

As per the National Society of Accountants, the average cost in 2020 for a tax preparer to file a Form [...]

eDiscovery Misconception
Legal Blog

Misconceptions about eDiscovery that Business Owners Should Know!

Digital technology is having a widespread impact on all industries, and the legal industry is also not exempted from the [...]

insurance back office outsourcing
Insurance Services

Common Questions Asked by Our Clients While Outsourcing Insurance Back Office

Outsourcing is no less than a strategy to adopt an innovative business model that suits best for businesses dedicated to [...]

Impacts of Coronavirus on Businesses Worldwide
Outsourcing

Impacts of Corona Virus on Businesses Worldwide

Almost everyone has heard about coronavirus, and a lot of things have changed since doctors in Wuhan, China, detected the [...]

Fixed asset Management
Accounting Blog

Why Spreadsheets aren’t the Best Fixed Assets Management Tool?

Fixed asset management form one of the most secure and primary assets of any business. It holds immense importance in [...]

Fintech Trends
Accounting Blog

Update Your Fintech Knowledge For 2020 With These Trends

Financial Technology (FinTech)- For most people, this was a new term. However, today, almost every person who is using a [...]

Insurance Industry Trends
Insurance Services

Insurance Industry Trends: Shaping The Future

With the continuous growth in the insurance industry trends, it is getting essential for insurers across the globe to revamp [...]

Tax Preparation Software
Accounting Blog

Drake: A Complete Professional Tax Preparation Software

Dealing with taxes is a complex task. The tax season brings an immense burden on businesses and working professionals to [...]

Does Digitalization Imply Business Profits for Insurance Sector?
Insurance Services

Does Digitalization Imply Business Profits for Insurance Sector?

Digitalization has taken all the industries by storm and is the latest trend because of the numerous benefits it provides. [...]

Law firm
Legal Blog

Fill Communication Gaps Within Your Law Firm: Know How!

Working together with effective communication is the key to the exponential growth of any business, including the legal industry. With [...]

accounting firm growth strategy
Accounting Blog

What is Growth Hacking and How to Do it for Your Accounting Firm?

Accounting firm growth strategy nowadays has been considered as a vital aspect of internet marketing for almost every business that [...]

Digital Payments Benefits
Accounting Blog

Digital Payments Taking Over the Cash Completely?

This is 2020! An age which is best described as the age of digitization and modernization. Today, almost everything has [...]

Accounting firm growth strategy
Accounting Blog

5 Essentials for Transforming Your Accounting Firm into a Success!

Every accounting firm wishes to succeed in the industry. This is the reason they leave no stone unturned when it [...]

Missing Tax Deadline
Accounting Blog

Top Excuses Taxpayers Made for Missing UK Tax Deadline

As the annual tax deadline looms over the United Kingdom, taxpayers often find themselves in a race against time to [...]

Cloud Accounting Solutions
Accounting Blog

Having Questions about Cloud Accounting Solutions? Get the Answers Here

Being an accountant/bookkeeper or owner of an accounting firm, you might already be aware of various technologies or software most [...]

how to get accounting clients
Accounting Blog

9 Sureshot Strategies for CPA Firms to Get More Clients in This Tax Season!

In 2019, January 23 was the starting date of filing the taxes, with April 18 being the deadline. This clearly [...]

accounts receivable management
Accounting Blog

How does Accounts Receivable Management Strategy help Optimize the Working Capital?

Irrespective of the business type, it is imperative to have an efficient accounts receivable strategy in place for healthy cash [...]

Insurance Companies
Infographic

Essential Guide for Insurance Companies to Compete in a New Business Era [Infographic]

Many insurance companies have established successful businesses. But do you know how? Because insurers assess and address business risks, manage [...]

data driven environment
Data Management Blog

How to Create a Data-Driven Environment in Your Law Firm?

The ubiquity of data across various industries has eventually found its roots in the legal industry too, as the data [...]

How to Build the Network of Loyal Customers in Insurance
Insurance Agency Management

How can Insurers Build a Network of Loyal Customers?

What is a business? Every business can be defined as a company that is looking to make profits by selling [...]

components of chart of accounts
Accounting Blog

Chart of Accounts in Xero – 5 Things You Should Know

A chart of accounts (COA) is one of the components for financial organization, providing a complete and section-wise organized listing [...]

Breach of contract
Contract Management Services

Tips to Deal with a Contract Breach: Before, During, and After a Legal Action

Every business forms internal and external contracts right from the start of its journey. Every contract is different owing to [...]

Client Accounting Services
Accounting Blog

Client Accounting Services – The Future of CPA Firms [INFOGRAPHIC]

In recent years, the accounting industry has undergone technological advancements and introduced the concept of CAS (Client Accounting Services), which [...]

Business Accounting Software
Accounting Blog

6 Signs Showing Your Business Accounting Software is Outdated

Many businesses have been implementing legacy accounting methodologies, and the same has been serving them well for many years. However, [...]

business taxes
Accounting Blog

Why You Shouldn’t Do Your Own Business Taxes in 2020?

Tackling your taxes once you've become a small business owner becomes challenging. The IRS estimates that it will take the [...]

Outsourcing Services for Insurance
Insurance Services

How Do Insurance Market Fluctuations Pave the Way for Outsourcing?

Earlier, insurance companies were depended more on brokers, in-house teams for sales and after-sales operations. As a result, they invested [...]

Mobile Lawyer
Law Firm Management

The Mobile Lawyer In 2020 : Practice Law From Anywhere [INFOGRAPHIC]

The proliferation of mobile technology has impacted all industries, including the legal sector. About a decade ago, mobile technology was [...]

Artificial Intelligence E-commerce
Data Management Blog

8 Innovative Ways to Amalgamate Artificial Intelligence (AI) with E-commerce!

Artificial intelligence (AI), as well as the E-commerce industry, has been booming over the past few years. The combination of [...]

accounting industry challenges
Accounting Blog

Accounting Leaders Reveal Industry Challenges of 2020

Every business faces multiple challenges that vary from industry to industry. If we talk about the accounting industry, it too [...]

Data-Driven Innovation
Data Management Blog

Misconceptions That Lead to a Data-Driven Innovation Failure!

Almost 90% of consumer-oriented innovations fail to survive in the market, while B2B products and services have a comparatively lower [...]

Insurance Accounting Issues and Solutions
Accounting Blog

Experts Revealing the Insurance Accounting Issues and Solutions

Accounting for insurance companies can be a challenging task as it involves heaps of figures and calculations. Hence, adequate diligence [...]

Pricing Model
Outsourcing

Tips to Devise the Best Pricing Model for Your Service Business!

Every business has the sole aim of generating maximum profits, and for this, they incorporate various strategies to streamline their [...]

Evolution of Digitalization and Impacts on eCommerce
Data Management Blog

The Evolution of Digitalization and Its Impact on the eCommerce Industry

When the eCommerce sites were first introduced, many shoppers were hesitant to use them as they could not personally see [...]

Strategies for CPA Firms
Accounting Blog

Proven Strategies for CPA Firms to Keep Their Clients Satisfied!

CPA firms providing accounting services must deal with their clients with utmost care. The simple reason being is clients can [...]

AI and E-commerce
Data Entry

AI and E-commerce: How E-commerce Businesses are Getting Smarter? [Infographic]

The e-commerce industry is one of the fastest-growing industries in the world. With the leading e-commerce website Amazon’s owner becoming [...]

Hire an accountant
Accounting Blog

When is the Right Time to Hire an Accountant? [Infographic]

Running a business involves juggling numerous responsibilities. However, among all, accounting stands out as a critical pillar supporting your company's [...]

best bookkeeping software
Bookkeeping Services

Top 11 Bookkeeping Software Suggested By Professional Bookkeepers

Every business, whether new or old, has a bookkeeping system in place which is supported by software programs that make [...]

Law firm
Accounting Blog

Expert Strategies to Reverse a Law Firm’s Cash Flow Slump

Law firm's cashflow is the backbone. It is imperative to have a positive cash flow in order to strive for [...]

benefits of Outsourcing accounting
Accounting Blog

Outsourcing Accounting for CPA Firms – A Better Way to Manage Your Accounts!

At present, the accounting industry is highly competitive, way more than it ever was. To stay one step ahead, CPA [...]

Data Entry Process
Data Entry

Expert Opinions for Streamlining the Data Entry Process!

We are well aware that the data entry process plays a vital role throughout every industry. The pertinent approach in [...]

best real estate accounting software
Accounting Blog

5 Real Estate Accounting Software to Stay on Top of Your Finances!

Accounting forms the backbone of every business. The way businesses manage accounting processes impacts overall business growth. Realtors have multiple [...]

Cloud computing in law firm
Legal Blog

Should You Move Your Law Firm to the Cloud? [Infographic]

With the advancement in cloud technology, we see that the number of lawyers who use cloud platforms has increased significantly. [...]

Law Firm Challenges
Law Firm Management

Roundup : Top Law Firm Challenges with Possible Solutions!

Law firms have a plethora of tasks to handle, and this makes their work really challenging. Depending on the size [...]

Digital Transformation in insurance industry
Insurance Services

Digital Transformation – The Future of Insurance Industry!

According to PwC’s 22nd Annual Global CEO Survey, digital transformation in insurance industry have become prominent. Adapting to the changing [...]

tax and accounting software
Accounting Blog

Expert Reviews for Using Accounting and Tax Software!

As your business grows, you’ll have more decisions to make concerning your accounting. With advancements in technology, businesses are moving [...]

Balance Sheet of Manufacturing Company
Accounting Blog

What all Must be Included in the Balance Sheet of a Manufacturing Company?

What is a Balance Sheet? The balance sheet of manufacturing company comprises the number of assets it owns, along with [...]

Healthcare Data Management Outsourcing
Data Management Blog

5 Factors Influencing Healthcare Industry to Outsource Data Management!

The healthcare industry is one of the most prominent enterprises in the world, and it shall always be, owing to [...]

Law Practice Management Software
Law Firm Management

The Complete Guide to Top 10 Software for Law Practice Management in 2024!

The legal industry is considered to be extremely complex. However, law firms always face the challenges of managing multiple tasks [...]

Bookkeeping Service Providers
Accounting Blog

Position of Bookkeeping Services Providers in 2019 – Infographic

Bookkeeping services providers play a pivotal role in maintaining the financial integrity of businesses, irrespective of industry type. Every business [...]

insurance customer engagement
Insurance Services

Agents! It’s Your Turn to Level-Up the Digital Customer Engagement!

and 2019 is the modern age of modernization and digitization! With advancements in technology, industries have been able to streamline [...]

accounting for dentists
Accounting Blog

Roundup: What Problems do Doctors & Dentists Face When They Manage Accounting & Finance?

Undoubtedly, the healthcare industry is quite different from other businesses. It is not only unique in terms of services but [...]

Bank Account Reconciliation Process
Accounting Blog

Roundup: Smart Tips to Streamline the Bank Account Reconciliation Process by Experts!

Bank account reconciliation is a process of comparing bank statements with the cash book which businesses maintain internally. This process [...]

how to prepare for tax season
Accounting Blog

What Preparations Must You do Before the Next Tax Season Starts?

Businesses around the world follow a very hectic work schedule and have a plethora of management tasks to handle throughout [...]

Data Quality Management
Data Management Blog

Guidelines to Monitor Data Quality Management with the Right Metrics

No matter in which industry you are operating and what products you are selling, once in a business lifecycle, you [...]

kpi for finance department
Accounting Blog

An Insight into Key Performance Indicators (KPI) for Finance and Accounting Professionals!

Table of Contents Understanding KPIs for Finance and Accounting Department Types of KPIs: Financial vs. Non-Financial Indicators What are the [...]

Impact of Data Breach
Legal Blog

Impact of Data Breach on the Legal Industry – Infographic

Technology is advancing its way into almost every industry type, and the legal industry is staying caught up. However, the [...]

Profitability plan
Accounting Blog

How Actionable Numbers & Productive Employees Lead to Profitability?

Occupational studies around the world have established the fact that a strong connection exists between profitability plan and productivity in [...]

Accounting Firms
Accounting Services for CPA Firms

Factors Revealing the Future of Accounting Firms! – Infographic

With an imminent rise in technology, everything has been evolved, and businesses are not excluded from this phenomenon. However, do [...]

Contract managment services
Contract Management Services

Contract Management Services: The Ultimate Choice of Leading Market Players!

By definition, contract management is the management of a legally enforceable contract that exists between a business and its customers, [...]

AMS360 Software
Insurance Services

What Makes AMS360 Software a Must for the Insurance Agencies?

Vertafore AMS360 is one of the most advanced and cost-efficient software for insurance agencies of all sizes. AMS360 insurance software [...]

technological advances in accounting
Accounting Blog

Impact of Technology on Finance, Accounting, and Taxes! [Infographic]

Technological advances in accounting have revolutionized the finance industry, reshaping the way businesses manage their finances, report earnings, and handle [...]

Balance Sheets for Manufacturing Industry
Accounting Blog

How to Manage Balance Sheets for the Manufacturing Industry?

The manufacturing sector is one of the major industries of the world. Small to medium to large-sized manufacturing units are [...]

Restaurant accounting software
Accounting Blog

How to Make an Accounting Software Resourceful to your Restaurant Business?

Running a restaurant business is all about hard work. With good interior designs, mouthwatering food, well-trained, and friendly staff, it [...]

CPA Firm Outsourcing
Accounting Blog

Roundups: What Services CPA Firms Usually Outsource and Why?

It requires a lot of effort to manage and build a robust internal accounting team, which is capable of implementing [...]

QuickBooks Online
Accounting Blog

Why and How to Migrate from QuickBooks Desktop to QuickBooks Online?

Accounting is a challenging undertaking for businesses, however, you can't overlook. To eliminate the hassle of managing books, it is [...]

Insurance business
Infographic

Planning to Start your Own Insurance Business in 2019? Do it Right! – Infographic

Have you decided to start your own insurance business? You need a lot of planning and workable strategies to execute [...]

Data Management
Data Management Blog

4 Ways to Reduce Risk by Improving Your Data Management

Data is the new currency for today’s businesses, so managing it is more vital than ever. Losing data, or control [...]

Financial Benchmarking
Accounting Blog

Why is Financial Benchmarking Crucial for your Business?

Table of Contents What is financial benchmarking? Importance of Benchmarking in Finance Financial Benchmarking Process Bottom Line Are you aware [...]

Insurer Business Growth
Insurance Agency Management

The Essential Business Growth Strategy that Insurers Need to Know-Infographic

In today's digital landscape, achieving success within one's market has become imperative for businesses. The insurance industry is no exception. [...]

insurance industry
Insurance Services

What’s the Next Big Thing in the Insurance Sector in 2019?

The rising competition in the insurance sector is leading the focus on cost optimization and customer retention. Let’s read what [...]

Small Business Forecasting
Accounting Blog

Small Business Accounting Forecast for 2019 – Infographic

Recognizing the significance of accounting is a universal understanding among businesses, regardless of their size. However, not every firm opts [...]

legal outsourcing services
Legal Blog

Legal Trends that will Drive Success in 2019 – Infographic

The landscape of the legal industry has changed dynamically in recent years. As the business culture is becoming more "fast, [...]

Small Business Pitfalls
Accounting Blog

Business Pitfalls to Avoid as a New Year Resolution for 2019

A couple of days have passed since we entered into the New Year 2019. You might have made resolutions like [...]

CPA cybersecuyrity
Accounting Blog

What Security Measures CPA Firms Should Take Against Cyber-Attacks?

CPA firms and other businesses are happy with the emergence of cloud-based software. The reason is it offers immense opportunities [...]

Virtual legal assistants
Legal Blog

Why Law Firms Take Help of Virtual Legal Assistants?

Law firms are one of cluttered offices- emails, phone calls, administrative work, and paper documents are all around! Lawyers' primary [...]

Bookkeeping Checklist
Accounting Blog

Ultimate Checklist of Bookkeeping Tasks for Small Businesses – Infographic

Managing your small business finances is no easy task. Navigating the complexities is crucial to understanding all the ins and [...]

Law Firm Cash Flow
Accounting Blog

Enhance Law Firm Cash Flow: 7 Best Practices to Follow

Running a law firm is not an easy task and if you are successfully running your law firm, then you [...]

Benefits of contract management
Contract Management Services

How Contract Review and Management Services Benefit Law Firms?

Maintaining business relationships is significantly influenced by the benefits of effective contract management. Large organizations often find the review and [...]

Startup Accounting Firm
Accounting Blog

Best Startup Accounting Practices for Good Financial Growth From the Experts

Being a startup accounting firm, keeping track of your finances is highly essential to stay competitive in the agile market. [...]

Bad Data on Business
Data Entry

Impact of Bad Data on Business Performance – Infographic

Would you drink five days old milk it or buy a computer in 2018 that gives you Windows 98? Of [...]

CPA Firm Challenges
Accounting Blog

The Challenges Today’s CPA Firms Face and How to Overcome Them?

CPA firms are going through a tremendous shift these days. Numerous reports have stated the drastic changes that the accounting [...]

business budgeting tips
Accounting Blog

Top 8 Budgeting Tips for Surviving Highs and Lows of Your Business

Budgeting does not have to be a burden all the time. Although we do not recommend it, a lot of [...]

real estate business accounting
Accounting Blog

A Quick Overview of Real Estate Business Accounting Outsourcing! – Infographic

In the information technology age, outsourcing services have become common in developed countries like the US, UK, Canada, and Australia. [...]

Insurance Claims Processing
Insurance Services

Top 9 Insurance Claims Processing Trends – Infographic

Technology is growing fast, and many insurance organizations are facing challenges to stay ahead. The utmost priority of an insurance [...]

GDPR - General Data Protection Regulation
Data Management Blog

GDPR – What it Means for Businesses? – Infographic

GDPR stands for General Data Protection Regulation. On May 25, 2018, GDPR came into existence for companies that were more [...]

small business growth statistics
Accounting Blog

Statistics to Drive Small Business Growth [Infographic]

Small businesses face numerous challenges at the initial stage. And according to the researchers, about two-thirds of small businesses survive [...]

principles of managerial accounting
Accounting Blog

Four Managerial Accounting Principles Every Business Must Comply With

Efficient principles of managerial accounting can significantly help in improving the overall decision-making process within companies by providing them long-term [...]

accounting for retail business
Accounting Blog

Accounting Challenges Faced by Retail Businesses & Ways to Avoid Them – Infographic

Accounting for retail business is one of the crucial aspects that hinder processes. Navigating the financial intricacies of retail operations [...]

Accounts Payable Report
Accounting Blog

2018 Payables – A Detailed Insider Report – Infographic

A Detailed Insider Report delves into the intricate landscape of financial transactions and obligations within organizations during the year 2018. [...]

ecommerce store
Data Management Blog

What Makes an Ecommerce Store User Friendly? – Infographic

The competition between online stores can be vicious. Even minor changes to your e-commerce store can make a big difference [...]

manufacturing ERP
Accounting Blog

5 Must-Have Accounting Features in Manufacturing ERP

Why do manufacturing businesses adopt ERP (Enterprise Resource Planning) systems? To keep track of their supply chain or inventory or [...]

Business in the USA
Accounting Blog

How to Expand your Business in the USA? Legal Compliances and Financial Requirements

The USA, known as a land of opportunities, has always attracted businesses from all over the globe, aiming to Expand [...]

Legal
Infographic

Mistakes Every Lawyer Makes With Regards To Technology [Infographic]

With the advent of new technologies, even law firm management companies are adopting various tools to streamline their processes. However, [...]

accounting evolution
Accounting Blog

Accounting Has Evolved Over the Years – Find Out How!

The accounting profession has changed tremendously over the years. From paper and pen to Excel sheets, the evolution has been [...]

Financial and Legal Requirements
Infographic

The Ultimate Checklist for Small Businesses: Financial and Legal Requirements

Starting a small business is both thrilling and challenging. After researching and planning a roadmap, finding a reliable funding source [...]

Tax Reforms
Accounting Blog

5 Fallacies and Misapprehensions of the Latest Tax Reforms and Legislation

For most Americans, the process of income tax is over, done and dusted with returns having being filed already. However, [...]