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November Edition 2020

Cogneesol - Delivering true business outcomes

Cogneesol - Delivering true business outcomes

Technology has advanced a lot in the past few decades, but not all the areas have taken advantage of the internet boom. Fields like Finance, Legal and Insurance sectors have not much digitized. There are very few companies providing managed insurance or legal services. Established in 2008, Cogneesol is a leading global business process outsourcing and technology management company extending business value to more than 300 clients worldwide. They bring IT and consulting services expertise under one roof to help brands deliver memorable end-customer experiences.

Cogneesol has a broad portfolio of services to transform and manage business processes and operations, including complex and industry-specific operations. Combining unrivaled experience and substantial capabilities in all industrial sectors, they assist their clients in becoming more competitive by making their businesses a lot more perceptive, flexible, innovative, efficient, and well-connected with their customers.

Finance and Accounting Services

Considering the volatile dynamics of our global economic system, it has become a precondition for every business to consolidate its non-core financial services to ascertain a competitive edge. Today, CFOs and CPAs worldwide seek out accounting outsourcing firms that can assist them in reducing the company's operating costs, increasing profits, and establishing benchmarks for superior governance and conformity to regulations. That is precisely why the majority of them outsource accounting services to a third party company. Cogneesol fully grasps this compelling business requirement and provides an extensive range of accounting back-office services at competitive costs.

Cogneesol's finance and accounting outsourcing services are outlined to support the client by setting up compliance and controls, equalizing expenditure and growth, cutting down the cash cycle, and increasing the ROI.

Insurance Outsourcing Services

Without question, the insurance industry is being gravely tested nowadays. The market dynamics are compelling insurers to incorporate new levels of customization to deal with increasing customer demands. Concurrently, cutting down time-to-market for the latest products and ascertaining first-class customer experience has become mandatory. Insurers are trying to enhance their insurance company business processes while enthusiastically exploring customer intelligence as well as innovative analytics to attract profitability. Additionally, there are, at all times, varying regulatory necessities, insufficient skilled manpower, and decreasing margins to cope with.

At Cogneesol, they offer insurance back-office outsourcing services and solutions to insurance agents, brokers, MGA's, agencies, insurance wholesalers, and carriers across the globe. Their insurance process outsourcing services can help you put together a foundation not just for an effectual change but for long-term high performance. Cogneesol's team can fulfill the international standards of the insurance BPO industry while providing an unparalleled combination of experience, competence, and the appropriate technology required.

Legal Support Services

Corporate legal business units and law firms are experiencing intense pressure to keep their legal expenses down as a part of all-round business imperatives to become leaner and productive. At Cogneesol, they provide high-quality legal support services to global law firms management and corporate legal divisions that can help alleviate attorneys' burdens. Their legal outsourcing services incorporate E-Discovery and Document Review, Legal Research and Drafting, Contract Management and Review, Litigation Support Services, Title Search Service, Paralegal Services, Legal Coding, Deposition Summary, Legal Data Entry, Legal Accounting and so on.

Cogneesol works closely with its clients, presenting cost-cutting possibilities and allowing them to pay attention to strategic legal issues and streamlining their processes. Cogneesol facilitates its clients by managing their internal procedures and tackling external disputes, such as regulatory compliance concerns, industrial disputes, corporate structuring, and much more. Their incredibly cost-effective solutions assure over 65% cost savings and make it possible for their clients to expand their internal capacity and retain superior quality at the same time.

Data Management Services

In today's scenario, global organizations are pursuing a business process outsourcing (BPO) strategy in which an outsourcing company manages the non-strategic business processes. In this environment, the accessibility of accurate and detailed information is of utmost importance. No organization wants to waste precious staff-hours on tidying up day-to-day paperwork and procedures. There is usually an overwhelming amount of data management solutions required, be it offline data entry or online data entry, converting your hard copy documents to soft-copies or documenting legal documents or forms, etc.

Cogneesol helps some of the world's leading companies leverage data competently for significant processes and business decisions. In this way, they provide them with business value. They have a track record well-proven and offers data management solutions that are quite comprehensive. They have in-depth expertise and industry knowledge for the management of data over its full lifecycle. Cogneesol can help you augment brand equity, improve communications with current customers, create revenue, and gain new customers based on their rich data management experience.

About the CEO

Taran Sidhu is the Director and CEO of Cogneesol. He leads all outsourcing operations across group delivery centers. Taran also oversees Cogneesol's outsourcing business operations, overall business strategy and manages all delivery, quality control, and administrative services.

He has extensive experience in the outsourcing industry, providing consulting and advisory services to International Customers. His expertise includes business development, operations, performance improvement, and strategic planning. Prior to Cogneesol, Taran has worked in Senior Management positions with a leading Indian outsourcing company. He was instrumental in setting up independent profit centers in India and Latin America. Taran has an MBA from Symbiosis, Pune.

"We at Cogneesol provide a multitude of value-added services to businesses across the globe so as to help them acquire business value and attain a competitive edge."

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