A lawyer at a midsize U.S. firm recently used an AI tool to review over 400 pages of regulatory contracts in under two hours—a task that once consumed several days. The result? Less time lost to manual review, more time focused on strategic client guidance. This isn’t a glimpse of the future. It’s the now.
Cogneesol Blog
Blog Authors
Latest from Cogneesol Blog
GenAI in Enterprise Finance: Why Legacy Systems Are the Real Roadblock
GenAI is no longer a future disruptor—it’s already embedded in the enterprise finance conversation. From automating P2P (Procure to Pay) processes to accelerating R2R (Record to Report) cycles, GenAI is reshaping how finance functions extract value from data. Its ability to generate, classify, and contextualize information is pushing the boundaries of what finance teams can…
How Can Surplus Lines Insurers Overcome Operational Challenges?
Underwriting specialty risks is complex by nature—but even more so when those risks fall into the surplus lines category. These insurers operate under a decentralized regulatory framework, requiring state-specific compliance to evaluate non-admitted risks that don’t fit the standard market mold. The result? A highly demanding underwriting environment—where speed, compliance, and accuracy must coexist, often…
8 Cutting-Edge Techniques for an Efficient Medical Record Review Process
In today’s fast-paced legal landscape, medical record review isn’t just a tedious task—it’s a mission-critical step that can make or break your case. Whether you’re preparing for a personal injury trial or a complex medical malpractice litigation, the accuracy, clarity, and organization of your medical records are paramount.
Modern technology now allows for smarter, faster,…
FinTech & Healthcare: How Digital Finance is Revolutionizing Medical Services
Digitalization has reshaped every industry—from banking and retail to manufacturing. While healthcare has long been familiar with technology‐driven equipment for diagnostics, treatment, and record management, its broader digital transformation has been slower. Today, however, as patient expectations rise and efficiency becomes paramount, healthcare organizations are rapidly embracing fintech innovations to streamline financial processes and enhance…
As AI Growth Accelerates, Traditional Financial Systems Confront a Strategic Shift
Traditional accounting software, even with the advent of cloud capabilities, has reached its limits in today’s tech-emerging market. While cloud solutions have improved accessibility and collaboration, they fail to address the deeper inefficiencies that hinder scalability and decision-making.
Take, for instance, a renowned financial institution bogged down by manual invoice processing despite its OCR-based invoice…
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 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…
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. 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…
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 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…
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 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…