Why India is a Preferred Legal Outsourcing Destination
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Admin
1M ago
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 high-end legal processes. India shot to global fame because of the easy availability of legal professionals who are well-versed in various jurisdictions and adept in the English language. The country’s IT expertise mad ..read more
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Optimize and Transform with Insurance Policy Management Software
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Mohit Sharma
1M ago
Attracting and retaining customers are persistent challenges confronting insurers. Attribute this to the technology advancements that have been driving intense competition across the insurance landscape. Through the years, customers have been getting used to digital experiences and personalized services in every aspect of their life. Insurers have been, therefore, grappling with pressures to innovate and offer responsive digital platforms along with their traditional offerings. Add to these increasing economic upheavals, geo-political sensitivities, cybersecurity threats and you have a heady ..read more
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The Power of Effective Contract Management in the Real Estate Industry
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Admin
1M ago
“The global real estate market size was valued at USD 3.69 trillion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. The market is expected to grow healthy during the forecast period, owing to the rising population and a desire for personal household space.” —– Grand View Research In this fast-growing industry, efficient contract management for real estate is imperative for smooth transactions and updated records. The complete value chain of real estate transactions, starting from lease agreements to property acquisitions, is complex in natu ..read more
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Remote Accounting Services – An Engine for Profitability and Growth
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Ashish Rana
1M ago
Businesses of all sizes are increasingly recognizing the benefits of remote work arrangements and digital accounting solutions. Small firms are embracing remote work, while accountants are integrating cloud-based technologies into their practices, facilitating seamless collaboration across geographical boundaries. Many business owners, owing to a knowledge gap in their accounting departments, seek professional expertise remotely. Large firms are also expanding their remote staff, underscoring the scalability and adaptability of remote accounting services. According to a survey, 26% of large f ..read more
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Certificate of Insurance: Everything You Need to Know
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Mohit Sharma
1M ago
Certificates of Insurance (COI) are legal documents of proof of an individual or entity’s insurance coverage. These certificates, used in business transactions and contracts, serve as evidence to verify that the insured party has the necessary insurance protection. They are typically issued to a third party, known as the certificate holder. Certificates of Insurance outline essential details such as the policyholder’s name, policy number, coverage type, effective dates, and any additional insured parties. Well managed COIs mitigate risks and liabilities for all involved parties. This they ach ..read more
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How Law Firms Thrive with Outsourced Paralegals
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Ritu Kaushal
1M ago
Outsourced paralegal services are on the rise. According to the Legal Process Outsourcing Global Market Report 2023 by ResearchandMarkets.Com, “The global legal process outsourcing market grew from $11.76 billion in 2022 to $14.81 billion in 2023 at a compound annual growth rate (CAGR) of 26.0%. The legal process outsourcing market is expected to grow to $38.13 billion in 2027 at a CAGR of 26.7%.” These figures point to a tectonic shift taking place right now in the legal arena. It shows how the industry has come to adopt outsourced paralegal services as part of its strategy for operational e ..read more
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Optimize and Transform with Insurance Policy Management Software
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Mohit Sharma
2M ago
Attracting and retaining customers are persistent challenges confronting insurers. Attribute this to the technology advancements that have been driving intense competition across the insurance landscape. Through the years, customers have been getting used to digital experiences and personalized services in every aspect of their life. Insurers have been, therefore, grappling with pressures to innovate and offer responsive digital platforms along with their traditional offerings. Add to these increasing economic upheavals, geo-political sensitivities, cybersecurity threats and you have a heady ..read more
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The Power of Effective Contract Management in the Real Estate Industry
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Admin
2M ago
“The global real estate market size was valued at USD 3.69 trillion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. The market is expected to grow healthy during the forecast period, owing to the rising population and a desire for personal household space.” —– Grand View Research In this fast-growing industry, efficient contract management for real estate is imperative for smooth transactions and updated records. The complete value chain of real estate transactions, starting from lease agreements to property acquisitions, is complex in natu ..read more
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Cogneesol – A Major Contender in Everest Group’s P&C Insurance BPS PEAK Matrix® Again
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Admin
2M ago
Cogneesol has been recognised as a Major Contender in Everest Group’s P&C Insurance BPS PEAK Matrix for the year 2022. With this, we have received this recognition two years in a row. The PEAK Matrix Assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading P&C Insurance BPS providers, client reference checks, and ongoing analysis of the P&C Insurance BPS market. “Consistent upward trend in the PEAK Matrix. This is a major validation of our concerted vision of value-driven services, consistent delivery excellence, and our custo ..read more
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Remote Accounting Services – An Engine for Profitability and Growth
Cogneesol Blog – For an Ecosystem of Digital Transformation
by Ashish Rana
2M ago
Businesses of all sizes are increasingly recognizing the benefits of remote work arrangements and digital accounting solutions. Small firms are embracing remote work, while accountants are integrating cloud-based technologies into their practices, facilitating seamless collaboration across geographical boundaries. Many business owners, owing to a knowledge gap in their accounting departments, seek professional expertise remotely. Large firms are also expanding their remote staff, underscoring the scalability and adaptability of remote accounting services. According to a survey, 26% of large f ..read more
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