Case Study: CoLab boosts R&D tax credit claims and saves time with Boast.AI

CoLab triples R&D tax credit claims with Boast.AI

CoLab, an engineering design collaboration software company, faced significant challenges with their R&D tax credit process. Their previous provider, a Big Four accounting firm, created inefficiencies through a lack of technical understanding, resulting in a painful 12-hour audit and missed financial opportunities. This led CoLab to seek a new solution and partner with Boast.AI for their R&D tax credit platform.

By implementing Boast.AI's technology-first platform and specialized expertise, CoLab streamlined their entire process. The results were substantial: their R&D tax credit claims doubled and then tripled year-over-year. Boast.AI saved the company a significant amount of time, particularly for developers, and provided a streamlined audit defense, which ultimately extended the company's operational runway and fueled further innovation.

CoLab