Monday 28 December 2015

Making a Right Choice to Outsource Data Entry Services to India

These days, business professionals have an ongoing set of jobs to take care of independently that they are left with minimal time at hand to perform fundamental chores like data entry. Top priority tasks are so many that professionals have no other choice, however, to outsource low-priority jobs to business outsourcing companies.

Countries such as India possess an enormous knowledge pool that makes it possible for it to offer value-added services at a wide scale. People employed in India are absolute experts with a keen eye for details.
Outsource Data Entry India
In case, data entry is not one of your organization’s primary competencies, then outsource data entry to companies which have expertise in the same. Indian business outsourcing companies provide data entry services such as online data entry of catalogs, lists, e-books, and even online image data entry.

Online image data entry services additionally consist of data entry of scanned pictures, image capturing, cropping, as well as enhancing. Indian outsourcing companies provide top-notch data entry services in a short turnaround time. Effective outsourcing of offshore data entry additionally facilitates outsourcing of data. Outsourcing data entry services to India is beneficial for your business when it comes to making use of superior services at affordable prices.

High-precision, absolutely no mistakes, well-timed delivery and full confidentiality/privacy are a handful of the benefits of outsourcing data entry services to India.

Various other solutions consist of product data entry, online form completing, online books entry, insurance claims form, healthcare claim forms, patient details, form processing, tax return form preparation, shipping docs and credit card application data entry.


Are you looking for a reliable company to outsource your data entry, get in touch with Cogneesol today and we can assist you in the best possible way. We have an in-house team that consists of professionals having years of experience in data entry. We also offer our clients a risk-free 14-day trial wherein they can get a brief idea about our deliverables. Call us today at +1 646-688-2821.



Tuesday 8 December 2015

Comparison between Lacerte and ProSeries Tax Preparation Software

Before going into a comparison of the pros and cons of Lacerte tax preparation and ProSeries tax preparation, a quick look at their features individually will be in order. It has to be mentioned here that both software has been designed to perform specific tasks with a large number of overlapping functions. The two have been developed by Intuit, a leader in the field of accounting and tax preparation software and are regularly updated to make the lives of accounting professionals and tax services agencies that much easier.

Lacerte and ProSeries Tax Preparation Software USA

·       Main features of Lacerte – Speed of operations is the first feature that pops up due to some definite built-in tools and automated calculations. The interface gives direct access to more than 5700 forms of different agencies. Lacerte provides auto updates on the latest tax amendments so that tax professionals do not miss out on the latest tax structure. Finally, this software enables printing of returns in PDF format for easy mailing to clients.

·       Main features of ProSeries – These include the pay-as-you-use option, free e-filing, access to more than 3,200 forms and schedules, a thousand diagnostic error checking points and like Lacerte, automated calculations.
This software is available in two versions – basic and professional with a lot of advanced tools incorporated in the latter.
If a comparison has to be made between Lacerte tax preparation and ProSeries tax preparation it would be wise to initially take up the professional model of ProSeries as Lacerte itself per se is an advanced software which has been updated as recent as 2014.   
       
·       Features present in Lacerte but not in ProSeries Professional
Customisable client reports and status tracking, Schedule D excel import (1040 only), Paperless e-organiser, Consolidated Corporate Returns, Kiddie Tax Link – 8615, Control user access to program features for multi-user firms, All filings such as 990, 706, 709, 5500 but ProSeries does not permit the filing of 5500.

·       Features present in ProSeries Professional but not in Lacerte
Client Checklist, Forms-based data entry that is similar to other IRS forms.

·       Features present in Lacerte but not in ProSeries Basic (excluding those not present in Professional either)
Business forms, including 1120, 1120S, 1065, 1041, Input screens for rapid data entry, Network functionality for multi-user access, e-file business returns, client letter, a Missing client information tool to help with missing data, K-1 data import for business to 1040 transfers, Client Analyser, Customizable Return and Management Screen, Integration with QuickBooks, Client Organiser, Tax Planner,

·       Features present in ProSeries Basic but not in Lacerte (excluding those not present in Professional either)
Guided workflow and checklists to help with returns, Deduction finder helps identify missed deductions.   

It would not be in order to pass any value judgments made on the basis of this comparison on Lacerte tax preparation and ProSeries tax preparation. Both these tax preparation software has had a favorable global impact on tax accounting professionals and tax services firms. The lack of features in one when a distinction is made is more than made up in extras in the other. 

Have something to say about this article? Share it with us in the comment section. 

Wednesday 2 December 2015

How Can You Improve Data Entry Accuracy Rate? Start Outsourcing

Speed, Accuracy, and Precision – if there is one common denominator that holds good for all three it is data entry. Irrespective of the type of the company or its size, data is generated and has to be processed. The only flip side to this whole scenario is that it creates a drag on precious resources of businesses and is non-productive in nature. Investments in setting up required data processing infrastructure divert cash flow away from core activities and thus becomes a hindrance to business growth and development. This is the primary reason why data entry outsourcing is the prevailing commercial mantra, one that goes a long way to strengthening the bottom line.

Data Entry Outsourcing

It is an established fact that the accuracy of data entry and its processing rests on a host of factors. This is especially true for a number of industries such as healthcare and insurance where error-free data entry is absolutely essential. Therefore, these industries generally choose to outsource this intricate job to companies that specialize in this activity and invest heavily to update systems, incorporate the latest software and recruit efficient manpower exclusively for this task. 

What then are the attributes of outsourced agencies that make sure that data entry entrusted to them is done precisely and accurately 

Speed and accuracy of data entry – Outsourced agencies who have taken on data processing have to stick to stipulated turnaround times and accuracy. If the data is not entered correctly, it can have huge ramifications as claims and reports are depended on this. These agencies are generally allotted a keying accuracy standard and benchmarks of accuracy levels for different tasks. Main and vital fields have higher precision stipulations while non-critical fields are permitted lower accuracy rank. The compensation paid by parent companies to these vendors is dependent largely on this. Hence, there is always an effort to maintain laid down norms and the required data entry accuracy rate is always assured. 

Accuracy audit and checks – Audit and accuracy checks are constantly carried out and are very important reasons why it pays to opt for data entry outsourcing to ensure accuracy. In the rare case of errors, quality specialists on the payroll of the outsourced agency track and monitor data often for months together to arrive at the root of the problem and take corrective action. To get around this problem, dual keying systems are often adopted in crucial areas so that the precision level is higher than what is set. 

Recommended Post: Making a Right Choice to Outsource Data Entry Services to India

Using specialized software – Data entry has seen a passing phase from manual work to computerization. Now there is robotic process automation (RPA) software that only does away with the need for constant tracking but also guarantees data entry accuracy. A lot of monitoring activity is taken off by this software which is now increasingly being used by data entry outsourcing agencies to speed up the process.

It is not only data entry accuracy that is promised by the outsourced companies, they also have checks and systems in place that assures high data security benchmarks.



Friday 30 October 2015

How Can an Outsource Tax Preparation Company Help You?

As an outsource tax preparation company, we can let you know that one of the most high-priced things a client is capable of doing is be disordered. Someone needs to organize all of those receipts. In case you don’t make it happen, you then will likely be paying a bookkeeper or an accounts outsourcing company which will take care of it on your behalf.
Tax Preparation Outsourcing

You may well be astonished to find out that it isn’t at all times ideal if you do your own sorting.
However, you will be amazed at just how much easier it really is for your outsourced bookkeeper to accomplish that sorting. As we sort, we refer to the stuff we have been searching for; we arrange it into heaps that supplement the work which we have to perform.

Usually, clients would sort their bills into a manner which is rational to them. After that the bookkeeper obtains it, and bills you the time it will take to re-sort the bills into something which tends to make far better sense to carry out the bookkeeping.

We can’t counsel you on ways to do that beforehand since each and every client is unique. We can assure you that each one of the points below has an effect on how your work gets perfectly lined out.
Your individual expending behavior can impact on how your work is taken care of.

·         The kind of company
·         The nature of your organization
·         The question of whether you ask for GST on each and every sale
·         The service for which you employ your bookkeeper for
·         How much you are going to study your finance reports every month
·         In case you merge personal along with business

Towards the end of the day, it might take the tax preparation outsourcing company 2-5 hours to categorize a year’s volume of work. However, with regards to cost, it really is worth it.

What happens if you decide to do it on your own?
The very first thing you must do is have a discussion with your bookkeeping outsourcing company to discover how he/she prefers it structured. If you happen to be a small 1-5 person/employee business, your bookkeeper will probably prefer it organized by the bank or perhaps credit card billing statement.
To arrange it in this manner, first of all, obtain the bank or credit card billing statements which are put to use for business reasons exclusively. Obtain your bank or credit card report, and affix the bills to the flip side of the statement which they are part of. It will be preferential in case you place them in the order they show up. By sorting in this manner, the bookkeeper can easily deliver the results from the bank statement, and simply be verifying the bill for clarification objectives.

You will find bills that are not in the statements; therefore you will have to distinguish those out evidently from another statement.
In case you bill your clients, ensure those invoices are placed in a different file.
And following yearinvest in a tax preparation outsourcing company as opposed to a shoebox. You surely will be pleased you did!

Thursday 8 October 2015

10 Tips for Choosing an Ideal Tax Preparation Outsourcing Company

Although you may not be preparing your own tax return, you’re nevertheless lawfully liable for what exactly is on it. Listed below are 10 tips to take into account when selecting a tax preparation outsourcing company :

1. Verify the outsourcing company’s skills. Just about all paid tax preparers need to have a Preparer Tax Identification Number (PTIN). In conjunction with ensuring they possess a PTIN, inquire with the preparer whether they have enrolled in any continual training programs.
2. Take a look at the preparer’s background. Obtain recommendations from friends and relatives; however confer with the BBB to check the tax preparation outsourcing company’s report. Or perhaps, select a BBB Certified Business. Look for disciplinary measures and license statuses with the IRS.
3. Inquire about service charges. Stay away from preparers who base their service charge on a sharing basis of your tax refund or perhaps those that express they are able to secure more substantial refunds as compared to others. Always be certain that any kind of refund pending is sent out to you or transferred into your banking account. Taxpayers should never deposit their tax refund into the preparer’s account.
4. Request to e-file your return. Ensure your preparer provides IRS e-file. Any kind of tax preparation company that prepares as well as files greater than ten returns for customers usually needs to file the returns electronically.
5. Ensure the preparer is easily accessible. Be certain that you’ll have the means to get in touch with the tax preparer once you file your return - even post the April 15th due date. This is often beneficial in case queries crop up regarding your tax return.
6. Present records and statements. Superior tax preparers are going to demand your records as well as statements. They’ll investigate a little to figure out your overall earnings, deductions, tax credits as well as other crucial things. Be careful not to make use of a preparer that is ready to e-file your return by means of your last pay stub as opposed to your Form W-2. This actually is against IRS e-file guidelines.
7. By no means sign a blank tax return. Don’t employ a tax preparation outsourcing company that suggests you to sign a blank income tax form.
8. Assess your return before putting your signature on. Prior to deciding to sign your tax return, assess it and inquire in case anything is unclear at that time. Ensure that you’re at ease with the accuracy and reliability of the return prior to signing it.
9. Make sure the tax preparer signs and incorporates their PTIN. Tax preparation outsourcing firms need to sign returns and incorporate their PTIN as necessary by legislation. They also need to provide you with a copy of the tax return.


10. Report fraud tax preparers to the IRS. It is possible to complain regarding fraud tax preparers and presumed tax fraud to the IRS. Make use of form no. 14157, Grievance: Tax Return Preparer. In case you contemplate a return preparer submitted or modified the return without your permission, it is important to file Form 14157-A, Return Preparer Scam or Malfeasance Affidavit.

Friday 18 September 2015

Responsive Website Design is the Need of the Hour!

It has turned out to be crucial to have a website that is flexible to several devices, as well as screen sizes since the utilization of mobile handsets like smartphones and tablets, has been elevating more than ever. Responsive web design offers lots of advantages aside from being user-friendly. We would have a glance at what is a responsive design and its positive aspects.

Responsive Website Design


Responsive Website Design
Responsive web design is a technique that the designers follow to develop a site that adapts itself in accordance with the gadget screen size. A responsive webpage modifies itself according to a device utilized by the visitors. It implies that visitors are going to experience an optimized website regardless of the kind of device and display size.

Why Responsive Design?
You can cut costs on development, increase sales whilst provide an excellent user experience by means of responsive website design. As browsing is being performed on distinct mobile devices like smartphones, tablets and so on, it is essential to have your site that is adjustable to every device. As device screen size keeps on reducing, your responsive website design is an excellent way to keep up with the differing screen measurements.

Advantages:
One website for all gadgets:
The bundled approach to responsive web design enables you to focus your SEO strategy on a single website as opposed to having a distinct mobile site. Responsive web design additionally makes it possible to have a single analytics as well as tracking. Furthermore, you need not to invest in additional development and site management.

Make contact with mobile users:
According to a report by Google, a 400% progress has been observed in search through mobile devices. 33% searches are regional. Establishments which are already having responsive website design are witnessing as much as 40% of their website traffic originating from tablet and mobile phones. By means of responsive web design, visitors get a better experience within the small time frame which they expand on the site.

Boost sales:
Latest studies imply that people will probably purchase or invest capital in case that company has its own website that works properly on their mobile device. Responsive web design renders a gradual, enjoyable user experience that considerably boosts conversion rates and revenue. A Google survey asserts that the chances of website visitor buying a product or perhaps choosing a service from a responsive website are 67%.

Presence in search engines:
A booming website is located conveniently on the web. Multiple SEO campaigns may be expensive. Placing time and effort on an single domain assist you in acquiring increased traffic and a less expensive SEO budget. Responsive website design allows making use of considerably fewer resources, and more notably, lesser time is utilized in duplicating content material, pictures, and products. Google has endorsed that responsive websites are more prominent in local search engine results from mobile devices.

Responsive web design
Connect with a larger audience:
In accordance with the report by Google, about 45% of visitors to various sites are from the mobile devices. In case a website is responsive, mobile device users can conveniently gain access to and navigate the site.

If you are seeking out a reliable IT outsourcing company to make your websites responsive in no time, get in touch with Cogneesol today. Our number is +1 (646) 688 2821.

Wednesday 6 May 2015

Benefits You Can Reap When You Outsource Web Design Services

The outsourcing of business solutions is becoming a common practice in lots of businesses nowadays. From small and medium-sized companies to large-sized establishments, it really is relatively widespread to outsource an entire range of services like payroll management, marketing, accounting, and finance to professional business process outsourcing companies. For a number of companies, the in-house staff is usually working to the capacity that makes taking new jobs or strengthening proficiency in new technical aspects quite challenging. This is when outsourcing could be crucial for the prosperity of your business.

As a business owner, you can utilize web design outsourcing as an approach to experiment with your concepts, build prototypes and perform collaboratively with professional outsourcing companies having the knowledge and assets to assist you to transform your concepts into actuality. Outsourcing web design services will assist you to make quick advancement in your business and eventually yield a higher revenue. Below are a few of the most outstanding positive aspects of outsourcing web design requirements:

Leveraging other people's skills:
This really is a reliable and well-known method for making rapid progress and driving expansion. You get access to a bigger pool of talent and expertise if you outsource web design services as compared to those that may be accessible in-house and it likewise will save you the intricacy of hiring and handling a group of design professionals. Whenever you hire the services of a company like Cogneesol, it is similar to having your individual virtual web experts’ team. Nevertheless, you simply cover the costs of the services you have obtained, which means you do not need to carry a bulkier payroll as compared to what is within your budget.


Leveraging other people's assets:

This keeps up with our previous point. It is cliché to stipulate that you need not have to reinvent the wheel, however, it is at the same time legitimate. Leveraging the assets of the service provider to which you outsource your web design tasks, successfully indicates significantly lesser investment on infrastructure, tools as well as employees that you might not have the ability to afford at the outset. This runs specifically true for the aspects of web design and software development that necessitate extremely professional design software tools, devices along with other resources.

Leveraging other people's expertise:

If you happen to be relatively new in your specific area of business, you may make a profit from the expertise of others who definitely have been in the game for quite a long time. By outsourcing your design specifications to a business outsourcing company with an established reputation, you can utilize the services of these specialists to provide you with opinions on the right direction for your business. Using somebody proficient critiquing the development and growth of the website will additionally improve your odds of financial success. You will get to take advantage of a team which may have been employed in a vast range of niches and can assist you in the correct direction.

Leveraging other people's strong points:

Your emphasis should be on what exactly you are proficient at and assign the hard work to others in the areas where you require work completed, however, do not essentially intend to over-stretch your own assets.

Leveraging other people's connections:

You possibly can take advantage of a greater network of connections as compared to what you would earlier have accessibility to, merely by opting for a well-known company that is dedicated to outsourced web design. It entails many years to put together this kind of a network, so why not connect with such a company having a great number of connections and a large pool of assets, which will help design and prototype the website you wish to get online.