Specialized Accounting & Reporting Services
Read about the benefits of outsourcing your statutory reporting.
Leveraging our Outsourcing Services is an economical way to ensure your accounting and reporting remains compliant.
We can fill the gaps without your having to hire and train staff, purchase software, or devote additional resources to reporting tasks.
These services include:
Preparation of Premium and Municipal Tax
Preparation of State Compliance Forms
Guidance on Statutory Accounting Principles (SAP)
Internal Control Assessments
Quality Assurance Reviews
If you want to offload unclaimed property reporting requirements completely, you can outsource all of them to our team of experts.
With UPExchange™ by ETM, you can use our complete unclaimed property outsourcing services to outsource all of your unclaimed property reporting requirements.
Locating lost property owners and uniting them with their unclaimed property is a cost effective way to reduce escheatment risk. Using the most sophisticated search technology available, we conducted extensive research to locate the property owner, or determine if the owner is deceased, even in cases where you only have partial source data, such as an incomplete SSN or address. In addition to finding a current address, phone numbers, email addresses and next of kin are often found. We then perform owner outreach by phone and letter, representing your organization according to customer friendly service standards that you dictate. The ultimate goal is to create the most positive service experience possible to allow your customer to reclaim their funds and for you to retain them as a valued client.
Our team of UCP experts will carefully review your stale records and apply due diligence and dormancy tracking rules by property type and state to determine which to escheat, when to report them, and to what state to send the reports. During the term of our agreement, we’ll continually monitor the stale records not yet ready for reporting, and apply the most current due diligence and dormancy tracking rules to ensure they get reported appropriately based on state requirements. Then we’ll send you management reports that calculate and forecast your unclaimed property liabilities.
We’ll generate, print and mail your due diligence letters based on the requirements for each state. As an option, we can act as Claim Contact on your behalf during the claims process.
*See Claims Processing Section for details