CoCounsel · Generative Ai Assistant For Tax Professionals Thomson Reuters
Leverage generative AI to swiftly address and streamline all your tax inquiries, improving communication and productivity while reducing research time.
Overview
What CoCounsel does
CoCounsel is a generative AI assistant designed specifically for tax and accounting professionals, aimed at streamlining workflows and improving productivity.
Capabilities
Key features
- 01
Generative AI Assistance
Utilizes generative AI technology to provide quick answers to complex tax questions.
- 02
Workflow Acceleration
Speeds up internal processes by reducing the time spent on research.
- 03
Real-time Communication
Enhances communication by providing timely and accurate insights.
- 04
Risk Detection
Identifies critical risks and resolves questions using AI-assisted summaries.
Unverified profile
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What the AI does
CoCounsel employs generative AI to assist tax professionals in their research and decision-making processes.
Capabilities
- ● AI-assisted research
- ● Summarization of tax inquiries
- ● Real-time insights
- ● Risk detection
Models
- Generative AI Model NLP
A model designed to understand and generate human-like text responses.
Trust
Security & compliance
CoCounsel follows industry-standard security practices to protect user data.
Measures
- ● Data encryption
- ● Access controls
- ● Regular security audits
Certifications
More
Additional information
Competitive advantage
CoCounsel's unique selling points include its integration with Checkpoint Edge and its focus on generative AI for tax professionals.
- + Generative AI tailored for tax inquiries
- + Integration with Checkpoint Edge
- + Real-time insights and risk detection
On the roadmap
Future updates may include enhanced AI capabilities and additional integrations.
- → Enhanced AI capabilities
- → More integrations with accounting software
Update cadence: monthly
Integration & deployment
CoCounsel is integrated with Checkpoint Edge for enhanced research capabilities.
- + Checkpoint Edge
Deployment: cloud-based
Interface
Simple and intuitive interface that allows users to quickly find answers and insights.
Support & resources
Support is available through various channels, including contact forms and online resources.
- + Email support
- + Online resources
- → Webinars
- → Documentation
External
Links & channels
Voices
What customers say
Testimonials highlight the effectiveness of CoCounsel in improving efficiency and productivity.
-
“The AI assistant now gives us the opportunity to receive the answer in a more simplified and relatable format.”
Forbush & Associates
-
“From a time-saving perspective … I can easily see it cutting the time in half, maybe even more.”
Mayolo and Associates
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CoCounsel compared
Side-by-side comparison of CoCounsel and 6 top ai tax alternatives across pricing, free tier, key features, integrations, and ratings.
| Tool | Pricing | Free tier | Top features | Integrations | Rating |
|---|---|---|---|---|---|
| CoCounsel | Varies | — |
| Checkpoint Edge | 4.5 |
| ABBYY ★ | Varies | — |
| ERP systems, CRM platforms, Document management systems | 4.5 |
| Varies | — |
| — | 0.0 | |
| Varies | — |
| Autoentry, Lightyear, Salesforce +1 more | 4.5 | |
| Varies | — |
| — | 0.0 | |
| $10/month | Yes |
| WordPress, Shopify, Wix +1 more | 4.5 | |
| Varies | — |
| Excel, PDF, CSV +3 more | 0.0 |
See the full breakdown on CoCounsel alternatives .
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