Sovos Unclaimed Property Solutions
Automate your unclaimed property obligations with Sovos’ unclaimed property reporting services. We ensure all aspects of this business function are handled as efficiently as possible.
Report unclaimed property with ease & minimize penalties
Unclaimed Property
Unclaimed Property
Unclaimed Property
Unclaimed Property
Streamline your unclaimed property reports, filings, calendar and more
Dormancy Calculator
Easily calculate when you need to report dormant assets with up-to-date requirements for all states and property types with our unclaimed property services.
Due Diligence Letters
Ensure compliance with state-specific due diligence requirements and templates, and quickly create, print and mail customized due diligence letters based on the last known address of the unclaimed property owner.
Report Creation
Automatically generate state-specific reports that include all unclaimed property at the end of its dormancy period, including consolidated group reporting to combine reports for all associated entities.
Online Filings
Electronically report and remit unclaimed property to all participating states at once, with easy and up-to-date instructions for other states that do not offer eFile options.
Compliance Calendar
Receive automatic email notifications for upcoming due dates for state reports, due diligence and internal customer events.
Regulatory Updates
State regulatory changes are automatically updated within all solutions to ensure compliance.
Choose a solution that fits your needs
Unclaimed Property
Standard
Easy to use, do it yourself software for record management, due diligence tracking and reporting for the most basic property types. Ideal for a single company (FEIN) with less than 5,000 records.
Starting at $699
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.
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.
- 1 Company Entity (FEIN)
- Up to 3 Users
- Standard user security profile
- Self guided setup and in app guides
- Record data import and validation
- Supports most common unclaimed property types
- Standard state thresholds and due diligence
- 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
- 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.
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
Unclaimed Property
Standard
Easy to use, do it yourself software for record management, due diligence tracking and reporting for the most basic property types. Ideal for a single company (FEIN) with less than 5,000 records.
Starting at $699
- 1 Company Entity (FEIN)
- Up to 3 Users
- Standard user security profile
- Self guided setup and in app guides
- Record data import and validation
- Supports most common unclaimed property types
- Standard state thresholds and due diligence
- 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.
- Audit assistance and support
- Voluntary Disclosure Agreements (VDAs)
- Compliance and process assessment
- Comprehensive policies and procedures
- On-demand consulting subscription