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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Loading...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 the changed post COVID-19 business landscape, the global market for Legal Process Outsourcing (LPO) estimated at US$10.8 Billion in the year 2020, is projected to reach a revised size of US$91.1 Billion by 2027, growing at a CAGR of 35.7% [...]
Loading...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. [...]
Loading...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 [...]
Loading...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, [...]
Loading...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 that [...]
Loading...Why CPAs Need Tax Preparation Services During Tax Season?
The tax season is about to kick off, and we will soon be witnessing CPA firms running in all directions [...]
Loading...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 [...]
Loading...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 [...]
Loading...Practical Ways for Lawyers to Be More Productive [Infographic]
The legal profession has changed significantly over the last decade. In the early days, lawyers worked long hours and had [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Top Tax Planning Strategies to Follow in 2022
Tax planning is crucial to overall business planning and must be handled with due care. Experts suggest that the more [...]
Loading...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. [...]
Loading...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 [...]
Loading...Legal Process Outsourcing 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. [...]
Loading...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 [...]
Loading...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 [...]
Loading...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. [...]
Loading...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 [...]
Loading...How Outsourcing Can Upgrade your Insurance Business Virtues?
In the current dynamic and complex business environment, the insurance industry is going through a change, a typically substantial one. [...]
Loading...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 [...]
Loading...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 [...]
Loading...Want to Add Value to Your CPA Firm? Accounting Outsourcing Can Help!
Over the last few years, the financial sector has been through a series of drastic changes, for example, legislations are [...]
Loading...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 [...]
Loading...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 they belong to, [...]
Loading...8 Best Medical Record Review Techniques
Medical record review is an essential process for ensuring the medical information’s accuracy and authenticity. Medical records are most commonly [...]
Loading...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 [...]
Loading...Outsource Insurance Claims Data Entry Services – Cogneesol
Insurance companies deal with large-size data sets daily to process insurance claims, while they also need to ensure timeliness in [...]
Loading...Top Reasons Personal Injury Law Firm Should Outsource Litigation Support
Attorneys and paralegals at law firms usually remain immersed with several legal tasks while handling personal injury litigation cases, ranging [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 in the future, [...]
Loading...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, [...]
Loading...How LPOs Can Enhance Law Firm Operations?
In times like today, businesses have become highly competitive, and as a result, their need for legal services has also [...]
Loading...Cash Accounting or Accrual Accounting: What’s Best for Your Business?
As a business owner, you would already know the importance of accurate financial accounting for better finance management. Since accounting [...]
Loading...Poor Bookkeeping Impacts Your Business; Know How to Improve
Bookkeeping is one of the most fundamental aspects of any business’s financial side, providing information on areas that generate great [...]
Loading...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 [...]
Loading...Why CPA Firms Should Outsource Tax Preparation – 6 Strategic Reasons
The 2022 tax season is fast approaching; as a result, CPAs and CPA firms are becoming busier than usual due [...]
Loading...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 [...]
Loading...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 depend [...]
Loading...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 data entry [...]
Loading...CPA Tax Preparation: Make Your 2022 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, [...]
Loading...Optimizing Insurance Business through Operational Excellence [Infographic]
Operational excellence is key to your insurance business growth, for which you need to embrace existing or build new methodologies [...]
Loading...Salesforce NetSuite Integration Methods & Associated Advantages
One of the best CRMs – Salesforce and one of the best ERPs – NetSuite are two of the most [...]
Loading...Best Remote-Work Security Practices for Accounting Firms
In the past couple of years, most industries have rushed to adopt alternate work arrangements to support business continuity and [...]
Loading...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 [...]
Loading...QuickBooks vs FreshBooks: Best Accounting Software for Businesses
In the new business era, most organizations are looking for advanced accounting solutions to streamline business accounting and finance management [...]
Loading...Law Firms Must Remain Secure in the Remote Work Era: Know How!
With the rapid shift in the working methods, the IT and security professionals at the law firms are encountering more [...]
Loading...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 [...]
Loading...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 [...]
Loading...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. [...]
Loading...Effective Insurance Agency Management Makes the Agency Great: Know How!
When it comes to insurance agencies, multiple aspects are responsible to make it great. Hence, a team of insurance professionals is required to work [...]
Loading...Breach of Contract- Types and Remedies
Large organizations make different significant decisions every day, so they need to deal with an immense proportion of outside and [...]
Loading...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 [...]
Loading...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 [...]
Loading...How to Gain Data Analytics Capabilities in Finance & Accounting?
Technology has been consistently supporting various industries for a few decades now. Since businesses increasingly rely on technology for numerous [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...How to Cope up with Business Finances Effectively in 2021-22
With the first quarter of the financial year 2021-22 already passed, small business owners are looking forward to financial upliftment. [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Role of Tech in Accounting: Unlock Long-Term Growth in 2021
With continual developments in technology, today’s business landscape is not the same as before, and it is continuing to change. [...]
Loading...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 [...]
Loading...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, [...]
Loading...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 that [...]
Loading...The Ultimate To-Do List for Bookkeepers – Experts’ Opinions
Businesses of all sizes execute various processes, out of which financial management plays a key role, helping owners to make [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Why Should Lawyers Adopt Technology for Their Legal Practice?
The legal sector has changed significantly in the last few decades. It has now become a global enterprise market which [...]
Loading...Debate: Will Automation Replace Accountants?
Automation is undoubtedly the way to the future; however, some arguments can be made for its uses in accounting. Automation will [...]
Loading...Clutch Recognizes Cogneesol as 2021 Top BPO Company
Business process outsourcing companies (BPO) are taking over, and the question that lingers on most business people's minds is — [...]
Loading...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. [...]
Loading...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 forecast for [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 is way more than improving [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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. With [...]
Loading...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 [...]
Loading...Practice Management in a Future-Ready Accounting Firm!
Every now and then, new trends emerge in every industry, and following the same becomes a necessity for firms since [...]
Loading...Why should Accounting Firms Leverage RPA during a Pandemic?
The entire world is facing an economic crisis, and in order to maintain the trust of investors and stakeholders, every [...]
Loading...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 [...]
Loading...How should Retailers get Prepared against COVID-19 in 2020?
The COVID-19 outbreak has brought the human life to a halt, disrupted the worldwide economy, and challenged us like never [...]
Loading...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 [...]
Loading...How to Ensure Effective Healthcare Contract Management?
The healthcare industry is one of the most competitive industries in the world. With new challenges in the form of [...]
Loading...How Can One End Contracts While Maintaining Business Relations?
Change is the only constant in this world, therefore, it is not a surprise for any business to end contracts [...]
Loading...In-depth Comparison of Outsourcing Medical Record Review Services with In-House Reviewing!
The job of a lawyer is quite challenging owing to conducting in-depth case research, keeping compliance with multiple legal laws, [...]
Loading...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 [...]
Loading...How is Coronavirus Affecting the Legal Industry?
Coronavirus has created an impact on businesses and individuals like never before. Today, almost every industry has been affected by [...]
Loading...10 Effective 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 [...]
Loading...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 [...]
Loading...Focus on Running Your Business Before It Starts Running You
Business expansion often leads to operations getting more complicated; everyday tasks become more challenging to manage and consume more of [...]
Loading...Key Facts About Insurance Outsourcing Overseas & Cost Saving!
The insurance industry is analogous to any other industry where firms leave no stone unturned when it comes to saving [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Global Impact of COVID-19 Outbreak on Businesses across Industries
The COVID-19 impact can be seen in various businesses, under these most affected, broad sections – hospitality, retail, and personal [...]
Loading...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 [...]
Loading...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 [...]
Loading...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, [...]
Loading...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 [...]
Loading...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 [...]
Loading...Public Relations Strategies for Realtors to Boost Business
Public relations campaigns are a broad mixture of advertising & marketing, event planning, media relations, social media reputation, etc. mainly [...]
Loading...Insurance Outsourcing: Business Continuity Plan for Insurers
COVID-19 has brought along a massive stone of challenges for the public, corporations, governments, and everyone. Recently, travel, transport, education [...]
Loading...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 [...]
Loading...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, [...]
Loading...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 [...]
Loading...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 [...]
Loading...COVID-19 Pandemic Affecting Insurance Operations & Finances
From the day COVID-19 pandemic was declared a global health emergency, the entire world has been dealing with countless difficulties, [...]
Loading...Cloud Accounting Software Forecast for 2020-2025! [Infographic]
Technology has refined and redefined business processes throughout the world. Today, almost every business is leveraging technology to streamline its [...]
Loading...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 [...]
Loading...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 [...]
Loading...Uncovering the Benefits of Digital Document Management!
Running a business is not easy as not only you have to take care of your internal processes, but your [...]
Loading...How can eCommerce Businesses Thrive during the COVID-19 Outbreak?
Coronavirus has created an impact on worldwide businesses that is hard to digest and cope with, affecting the economy at [...]
Loading...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. [...]
Loading...How FinTech is Enhancing Growth in Healthcare Industry
Digitalization has transformed the way many industries operate, from banking, marketing, and retail to manufacturing which have always been the [...]
Loading...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 [...]
Loading...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 – [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...How are Outsourcing Accounting Services Helpful during the Coronavirus Outbreak?
Coronavirus has left multiple businesses handicapped concerning the closing down of its physical operations, shortage of staff and equipment, disrupted [...]
Loading...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 [...]
Loading...Evolution of Paralegal and its Impact on the Legal Industry
Legal services were costly in the 1960s, due to which low and middle-income Americans were less capable of using legal [...]
Loading...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 [...]
Loading...The Role of Technology: Strengthening Relationships between Accounting Firms & Clients- Part 2
We discussed in part 1 that how technology is refining and redefining the relationships between the accounting firms and the [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Accounting Departments and Firms Reveal What They Look Forward to in 2020!
Every year, new innovations and technologies enter the market and refine and re-define the accounting processes. This is imperative also [...]
Loading...How to Handle Unpaid Invoices and Preserve Cash Flow?
The financial health of a company is its backbone, and the strength of this backbone is dependent on the cash [...]
Loading...Avoid Business Contract Disputes with these Expert Tips!
Contract disputes are common in any industry and any part of the world. A business needs to sign a professional [...]
Loading...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’. [...]
Loading...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 [...]
Loading...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 [...]
Loading...A Comprehensive Guide to RPA Implementation in Financial Reporting
Have you ever imagined what would happen if robots could handle your journal entries, reconciliation processes, and financial reporting? If [...]
Loading...What Makes the Legal Case Management Software a Necessity for Law Firms?
Today, almost every industry has leveraged technology to streamline its operations. The simple reason being this is a modern and [...]
Loading...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 [...]
Loading...In house vs. Outsourced Accounting: The War Continues in 2020
When a business grows, its financial requirements grow concurrently. As a result, owners (that usually don’t have accounting know-how) undergo [...]
Loading...Top 10 Tax Software with Comparisons to let You Choose the Best One!
Getting through the IRS during the tax season with a clean chit is hard for businesses to achieve owing to [...]
Loading...Misconceptions about eDiscovery that Business Owners Should Know!
Digital technology is having a wide-spread impact on all the industries, and the legal industry is also not exempted from [...]
Loading...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 [...]
Loading...Impacts of Coronavirus on Businesses Worldwide
Almost everyone has heard about coronavirus, and a lot of things have changed since doctors in Wuhan, China, detected the [...]
Loading...Why Spreadsheets aren’t the Best Fixed Assets Management Tool?
Fixed assets form one of the most secure and primary assets of any business, and their management holds immense importance [...]
Loading...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 [...]
Loading...2020 Insurance Industry Trends: Shaping The Future
With the continuous growth in the insurance market, it is getting essential for insurers across the globe to revamp the [...]
Loading...Drake: A Complete Professional Tax Preparation Software
Dealing with taxes is a complex task, and the tax season brings an immense burden on businesses and working professionals [...]
Loading...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. [...]
Loading...Fill Communication Gaps Within Your Law Firm: Know How!
Working together with effective communication is the key to an exponential growth of any business, including the legal industry. With [...]
Loading...What is Growth Hacking and How to Do it for Your Accounting Firm?
Growth hacking nowadays has been considered as a vital aspect of internet marketing for almost every business that seeks business [...]
Loading...How are 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 [...]
Loading...5 Essentials for Transforming Your Accounting Firm into a Success!!!
Every accounting firm wishes to succeed in the industry, and this is the reason they leave no stone unturned when [...]
Loading...Top Excuses Taxpayers Made for Missing UK Tax Deadline
With one self-assessment tax deadline gone (31 January) and the second one approaching (31 July), let’s take a look at [...]
Loading...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 [...]
Loading...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 [...]
Loading...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 [...]
Loading...Essential Guide for Insurance Companies to Compete in a New Business Era [Infographic]
With having the capability to assess and address business risks, manage between expenditure & income, and provide compensation to misfortune-affected [...]
Loading...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 [...]
Loading...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 [...]
Loading...Chart of Accounts in Xero – 5 Things You Should Know
A chart of accounts (COA) is one of the essential tools for financial organization, providing a complete and section-wise organized [...]
Loading...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 [...]
Loading...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 [...]
Loading...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, [...]
Loading...Why You Shouldn’t Do Your Own Business Taxes in 2020?
Tackling your taxes once you've become a small business owner has become a much more challenging prospect than it used [...]
Loading...How Do Insurance Market Fluctuations Pave the Way for Outsourcing?
Insurance companies, in the past few decades, have depended more on brokers and their in-house teams for sales and after-sales [...]
Loading...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 [...]
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Artificial intelligence (AI), as well as the E-commerce industry has been booming since the past few years. The combination of [...]
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Every business faces multiple challenges that vary from industry to industry. If we talk about the accounting industry, it too [...]
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Almost 90% of consumer-oriented innovations fail to survive in the market, while B2B products and services have a comparatively lower [...]
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Accounting for insurance companies can be a challenging task as it involves heaps of figures and calculations. Hence, adequate diligence [...]
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When the eCommerce sites were first introduced, many shoppers were hesitant to use them as they could not personally see [...]
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The e-commerce industry is one of the fastest-growing industries in the world, with leading e-commerce websites Amazon’s owner becoming the richest [...]
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Accounting forms the backbone of every business, and the way businesses manage their accounting processes creates a great impact on [...]
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According to PwC’s 22nd Annual Global CEO Survey, the insurance companies are more receptive to the technological changes in recent [...]
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As your business grows, you’ll have more decisions to make concerning your accounting. With the advancement in technology, businesses are [...]
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What is a Balance Sheet? The balance sheet of a manufacturing company comprises the number of assets it owns, along [...]
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Healthcare industry is one of the most prominent enterprises in the world, and shall always be, owing to the importance [...]
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2019 is the modern age of modernization and digitization! With advancements in technology, industries around the world have been able [...]
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Undoubtedly, the healthcare industry is quite different from other businesses. It is not only unique in terms of services, but [...]
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Bank reconciliation is a process of comparing bank statements with the cash book which businesses maintain internally. This process is [...]
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No matter in which industry you are operating, what products you are selling, once in a business lifecycle, you will [...]
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Key Performance Indicators (KPI) are a group of measures that determine the performance quality of its business processes over a [...]
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Occupational studies around the world have established the fact that a strong connection exists between profitability and productivity in the [...]
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With an imminent rise in technology, everything has been evolved, and businesses are not excluded from this phenomenon. However, do [...]
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Contract Management is defined as the management of a legally enforceable contract that exists between a business and its customers, [...]
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Vertafore AMS360 is one of the most advanced and cost-efficient software for insurance agencies of all sizes. AMS360 insurance software [...]
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Technology has revolutionized the lives of humans over a decade ago. More so, every business has witnessed a tremendous transformation [...]
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Accounting has always been a challenging undertaking for businesses, however, it cannot be ignored. To eliminate the hassle of managing [...]
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The rising competition in the insurance industry is leading the focus on cost optimization and customer retention. Let’s read what [...]
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The landscape of the legal industry has changed dynamically in recent years. As the business culture is becoming more “fast, [...]
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A couple of days have passed since we entered into the New Year 2019. You might have made resolutions like [...]
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Contract management plays an important role in maintaining business relationships. However, for large organizations contract review and management is a [...]
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Being a startup, keeping track of your finances is highly essential to stay competitive in the agile market. However, many owners face obstacles [...]
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Would you drink milk if it was five days past its sell-by date? Would you buy a computer in 2018 [...]
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CPA firms are going through a tremendous shift these days. Numerous reports have stated the drastic changes that the accounting [...]
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Budgeting does not have to be a burden all the time. Although we do not recommend it, a lot of [...]
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Since arriving the information technology age almost four decades ago, outsourcing services have evolved into important business practices across the [...]
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Technology is growing fast, and many insurance organizations are facing challenges to stay ahead. The utmost priority of an insurance [...]
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GDPR stands for General Data Protection Regulation. On May 25th, 2018, a new law passed for companies that were more [...]
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Small businesses face numerous challenges at the initial stage. And according to the researchers, about two-thirds of small businesses survive [...]
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Efficient accounting practices can significantly help in improving the overall decision-making process within companies by providing them long-term insights and [...]
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The competition between online stores can be vicious. Even the minor changes to your e-commerce store can make a big [...]
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So, US citizens have concluded yet another tax return filing season and the last thing they want to have on [...]
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Small businesses usually prefer to manage possible tasks in-house in order to reduce their overheads, and in some cases, they [...]
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Technology is taking over the front seat in every sphere of life and the legal profession is no exception. One [...]
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Any merger and acquisition are conducted after a lot of thought and planning, especially with regards to the health of [...]
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A lot of small and mid-sized businesses are involved in creating invoices with the help of an accounting software like [...]
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Robotics Process Automation (RPA) is one of the most impactful latest technologies that have revolutionized the insurance industry entirely. Insurance [...]
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Correct and up-to-date financial and bookkeeping records are a must for all businesses, whether large or SMBs. These records determine [...]
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A lot of people dream of having their own restaurant - a place where your loved ones can call home, [...]
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A great number of small business owners across the globe do not have a solid retirement program for themselves. Nevertheless, [...]
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With modern insurance accounting software, modern solutions empower you to access and analyze the accurate information at the right time. [...]
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