Products
Tax and Regulatory Products
Unclaimed Property Reporting
Sovos Unclaimed Property Reporting
Description
Solutions to support the due diligence, reporting, and escheatment of unclaimed property for organizations of all sizes and complexities.
Features
Integrated analysis at data import for correct and accurate dormancy calculation
NAUPA-compliant reports for all reporting jurisdictions
Produce accurate due diligence letters to meet state requirements
One-click electronic reporting to over 34 states
Pricing
Custom pricing based on your organization’s needs and service level.
Chat with a Specialist
Avoid unclaimed property penalties and audits
An estimated 80% of North American businesses are noncompliant with state unclaimed property laws - risking audits, fines, and most tragically, reputational damage.
solutions streamline workflows, ensure data accuracy, reduce compliance risks - all while unclaimed property requirements continue to change and evolve. Find the right UP solution for your business
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Choose a Solution that Fits Your Needs
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Easy to use, do it yourself software for record management, due diligence tracking and reporting for standard property types. Ideal for businesses reporting up to 5 company FEINs with less than 50,000 records.
Up to Company 5 (FEINs)
Up to 5 Users
Standard user security profile
Self guided setup and in app guides
Record data import and validation
Supports most common unclaimed property types
List ItStandard state thresholds and due diligenceem 1
Letter library for storage and reuse
Comprehensive state reporting coverage
Automated reporting for over 30 states
Cloud software that’s always up to date
Automated change tracking and record notes for audit purposes
Easy access to record history
State maps, property codes and due diligence resources
AI Agent, Help Center and email support
Unclaimed Property
Enterprise
Ideal for more complex companies, operating in many states with many records and more complex property types. Enhanced configurability, support and services ensure the right solution for your unique needs.
Unlimited Company Entities (FEINs)
Unlimited Users
Enhanced role-based security profiles
Guided implementation
Record data import and validation
Supports most common unclaimed property types
Custom state thresholds and due diligence
Comprehensive state reporting coverage
Automated reporting for 30+ states
State maps and matrices, property codes, and relationship codes
Letter library for storage and reuse
Automated change tracking, notes, and attachments for audit purposes
Easy access to record history
Compliance Hub AI agent, help center, email, and phone support
Cloud software with real-time updates
Custom due diligence letters
Two-factor authentication and secure file sharing
Full audit trail reporting
Custom fields
State and customer exemptions
QR-code scan for due diligence response
Multi-Company group reporting
Consolidated reporting
Ledger reconciliation tools
Project timelines to ensure on-time reporting.
Unclaimed Property
Managed
Services
For organizations looking to centralization and outsource the management of reporting, escheatment, and due diligence processes for any number of business entities.
Fully, outsourced Managed Services for unclaimed property annual reporting.
Dedicated Managed Services Representative
Due Diligence mailing and response handling**
Sovos as claim contact**
** add-on for additional cost
Received an audit, VDA or need additional help?
Unclaimed Property Consulting
Analyze potential liabilities and risks and build policies for your unique needs with Sovos Unclaimed Property Consulting.
Discover Why We're Trusted
Audit assistance and support
Voluntary Disclosure Agreements (VDAs)
Compliance and process assessment
Comprehensive policies and procedures
On-demand consulting subscription
Ready to get started? Reach out to our experts to learn more.
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