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TRACKER Unclaimed Property

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TRACKER Unclaimed Property Reporting Software streamlines compliance - StoneRiver

Unclaimed Property Reporting Made Simpler

TRACKER software helps busy accountants comply with state-specific laws governing unclaimed property—also referred to as abandoned property or escheatable property. Unclaimed property includes uncashed checks, unclaimed dividends, benefits, deposits, and overpayments that were never received by or returned to the intended recipient. Read more about the complexities of unclaimed property reporting >>

Protect Your Organization From Non-Compliance Penalties

 TRACKER Unclaimed Property reporting software enables you to consolidate unclaimed property records from any source within your office and allows you to meet filing requirements that vary with the type of property, the value of the property, and the state where the lost owner resided. With TRACKER software, you can avoid steep penalties and interest associated with audits and non-compliance. If you prefer to outsource unclaimed property reporting, you can arrange to  submit your records to StoneRiver and our experts will generate due diligence letters and state reports to further streamline your compliance. The choice is yours.

Depend on TRACKER Unclaimed Property Reporting Software to:

  • Streamline the entire unclaimed property reporting process for overworked accountantsDownload the Comprehensive Unclaimed Property Compliance Brochure - StoneRiver
  • Put current reporting requirements for each state at your fingertips, so you don't have to monitor changes
  • Provide wizards to guide you step-by-step through the filing process
  • Import unclaimed property records from any source system with ease
  • Automate the creation of search letters and documentation of due diligence activity
  • Identify any errors, duplicate payments, and exemptions available to you
  • Notify you of critical reporting deadlines to prevent time-sensitive activities from being overlooked
  • Produce paper and/or electronic reports according to the specifications of each state
  • Provide pre-approved formats for state reports to ensure compliance
  • Generate checks/disbursements to accompany state reports
  • Maintain a permanent audit trail and transaction log of all activities
  • Forecast unclaimed property liability years in advance
  • Provide user-defined reporting fields and a custom report writer to track unique reporting needs

Protect Your Organization From Non-Compliance Penalties

As compliance for unclaimed property heats up, companies across the US are being assessed hefty fines for non-compliance. If you choose not to report, auditors can assess penalties up to $25,000 plus 25% of the value of the property, and 12% interest is generally not waived by the states. Let StoneRiver protect you from escalating penalties.

Register today for a live, Web-based overview of TRACKER Unclaimed Property reporting software. Or, contact a StoneRiver representative for additional information