Tessaract Technologies
Tessaract Technologies is a Singaporean cloud-based business management solution that powers and accelerates businesses from various industries.[1] The company’s software provides businesses with end-to-end business process automation that enables effortless client onboarding, close team collaborations, time tracking and expense invoicing and billing and integrated data analytics and reporting.[1]
Contents
History
Cherilyn Tan founded Tessaract in 2018, choosing Singapore as the company’s headquarter area. The company was built to empower professionals across the Asia-Pacific by digitizing business operation.[2] Tessaract has recently raised $3.3 million in a Pre-Series A funding round led by Wavemaker Partners.[1]
Products and services
Law Practice Management
Tessaract’s law practice management solutions look after a firm’s administrative needs while allowing the firm to practice law with the given time and space.It reduces the time spent generating documents, transferring timesheets from spreadsheets to the billing system, and client communication. This allows lawyers to keep track of their client's case information from an integrated platform. It also aids in consolidating and organizing data, making it easier to access, analyzes, and act on.[3]
Accounting Practice Management
Tessaract’s accounting practice management solutions feature a cloud-based workflow management software that streamlines the accounting industry procedures and value-added accounting advisory services. By storing all documents on the cloud, firms experience seamless document management. This is especially useful for keeping things connected and organized when employees work remotely. With advanced cybersecurity and constant threat monitoring, all data will remain extremely secure and easily accessible to firms.[4]
Insurance Software
Tessaract’s insurance solution provides an all-in-one insurance claim management platform that automates insurance claim procedures while allowing firms to exceed customers’ expectations. With Tessaract, firms can speed up their claims handling processes through digitization, optimizing their efficiency and productivity. This helps to lower costs and boost processing speeds. Firms can even set KPIs and monitor them to track their progress. Additionally, by turning claims data into actionable and accurate insights, they can better cater to their clients' needs.[5]
Business Management
Tessaract’s business management solutions help manage projects, timesheets, communication, collaboration, assigned resources, accounting activities, and streamlining human resources procedures. Firms can handle more projects while remaining cost-effective. This is enhanced by automating time-consuming tasks and focusing on increasing billable activities.[6]
Fund Accounting
Tessaract’s fund accounting solution allows fund management firms to open secure collaboration channels with investors. Tessaract also allows fund managers to stay updated about their current standing for better decision-making regarding the management of investment funds. This is made possible by tracking key performance metrics, regular reporting updates, and accurate measurements.[7]
References
- ↑ 1.0 1.1 1.2 "Mind Your Business: Tessaract.io raises US$3.3M in Pre-Series A funding round". omny.fm. https://omny.fm/shows/money-fm-893/mind-your-business-tessaract-io-raises-us-3-3m-in. Retrieved 15 June 2022.
- ↑ "About Tessaract". tessaract.io. https://tessaract.io/about.html. Retrieved 15 June 2022.
- ↑ "Law Practice Management". tessaract.io. https://tessaract.io/solution-legal.html. Retrieved 15 June 2022.
- ↑ "Accounting Practice Management". tessaract.io. https://tessaract.io/solution-accounting.html. Retrieved 15 June 2022.
- ↑ "Insurance Software". tessaract.io. https://tessaract.io/solution-insurance.html. Retrieved 15 June 2022.
- ↑ "Consulting Solution". tessaract.io. https://tessaract.io/solution-consulting.html. Retrieved 15 June 2022.
- ↑ "Fund Solution". tessaract.io. https://tessaract.io/solution-fund.html. Retrieved 15 June 2022.
