Cogency Global Partners with Change to Enhance Nonprofit Legal Compliance Processes

In an important development for the nonprofit sector, Cogency Global has announced a strategic collaboration with Change, a prominent compliance and donation infrastructure platform. This partnership aims to improve the efficiency of legal filing services for nonprofits, which have been historically complex and resource-intensive.

Cogency Global, recognized for its excellence in legal and compliance services, particularly for businesses and nonprofits, has consistently supported organizations in navigating their legal and regulatory needs. A significant portion of their workload involves assisting nonprofits with the plethora of legal filings required for nationwide compliance—up to 55 separate filings each year.

In this new collaboration with Change, Cogency Global will leverage cutting-edge AI technology to streamline the paperwork associated with charitable solicitations. This partnership is set to utilize Change's innovative, AI-enabled document parsing and auto-fill capabilities, ultimately reducing the time taken for filing and increasing efficiency. This move not only enables Cogency to support a larger client base but also allows nonprofits to focus more on their core missions rather than administrative burdens.

Ron Barrett, the Vice President of Nonprofit Services at Cogency, expressed enthusiasm about the partnership, highlighting the technology's speed and accuracy. He noted, "The accuracy and speed of the technology are remarkable, and the extension works seamlessly across every state site. What once took hours now takes a fraction of the time, allowing us to support more clients and ultimately more nonprofits doing important work."

The significance of this alliance extends beyond mere efficiency gains. It signals a broader transformation in the legal compliance landscape for nonprofits, mirroring trends seen in other sectors where technology is increasingly automating routine tasks. With Change introducing the first-ever auto-populating browser extension for charitable registrations, this innovation represents a paradigm shift in how compliance is managed, making it both simpler and less risky.

Change's platform, built specifically for the charitable sector, reduces regulatory risk and scales compliance efforts across all 50 states. It simplifies the requirements for nonprofit registrations, professional fundraiser requirements, CCV filings, and donation processing. This is a game-changer for more than 1.3 million verified nonprofits that rely on timely and correct compliance to operate effectively.

Cogency Global, founded in 1980, has been at the forefront of providing registered agent services and comprehensive compliance solutions to a diverse clientele. With offices not only in New York City but also across the United States and overseas in locations such as London, Hong Kong, and Singapore, Cogency is positioned to provide localized support while adhering to global standards.

This collaboration between Cogency Global and Change is a decisive advancement in modernizing compliance services within the charitable sector. By enhancing operational efficiency and effectiveness, they are paving the way for a new era where nonprofits can manage their extensive filing obligations more effortlessly, thus allowing them to concentrate on their mission-critical activities.

As Barrett discussed in a recent episode of the Give Smart video series, this partnership also opens up critical dialogues about the challenges within nonprofit compliance, the transformative role of artificial intelligence, and how organizations can leverage technology to reduce misinformation in the space.

In conclusion, the partnership between Cogency Global and Change is a vital step forward for nonprofits, as it heralds a new era of simplified, efficient legal compliance processes that can empower organizations to focus on their vital work instead of administrative hurdles. This initiative stands as a testament to the power of collaboration in the nonprofit sector, showcasing how technology can drive meaningful change and support essential community services.