triSearch has been named one of Australia's most innovative companies by the Australian Financial Review at their prestigious BOSS Most Innovative Companies Awards
The team was congratulated for developing the triConvey platform and turning it into the leading software for conveyancers and property lawyers with a dominant majority market share.
triSearch CEO Chris Gibbs said he welcomed the recognition as the company unveiled a new suite of AI-powered products.
"I am really thrilled that triSearch has been recognised as one of Australia's most innovative companies," he said.
"The entire team should be proud of this achievement in making triConvey Australia's market leading Practice Management Solution (PMS) for conveyancers and law firms.
"It's cool to be recognised alongside other many other market leading technology companies, but we will never rest on our laurels.
"Innovation and taking risks is baked into our DNA."
The recognition comes as an Artificial Intelligence-powered chatbot that will save $100,000,000s for conveyancers and property lawyers each year is added to the triSearch offering, Gibbs said.
"The Productivity Pack features Archie - our AI-powered assistant allows conveyancers to ask detailed, specific questions and receive real-time, data-driven responses," he explained.
"AI is already a game-changer for lawyers and conveyancers.
"It will save Australian conveyancers and property lawyers hundreds of millions of dollars a year."
Archie is enabled across more than 1,000 triSearch firms and has answered more than 6,600 questions from 2,200 matters.
Tech industry veteran Gibbs explained: "When the business down the street has saved several hours a day on the administrative work they do, that translates to being more competitive and that means being more profitable.
"If you crunch the numbers and look at the 25 million time-pressured jobs carried out by around 10,000 practitioners in our industry, it is actually fairly conservative to think of the saving terms of millions of hours a year."