An effective unclaimed property process in conjunction with appropriate internal controls will help ensure that an organization will remit only funds that “truly” represent unclaimed property. Unclaimed Property Solutions can assist an organization in assessing its unclaimed property process to ensure the organization is following a “best practices” process.

Unclaimed Property Solutions will provide an organization with specific policies and procedures that:

Establish and maintain a method of identifying and processing unclaimed property.

Construct internal controls related to unclaimed property.

Capture required detail necessary to facilitate an organization’s unclaimed property reporting.

Identify potential errors and other methods to mitigate an organization’s future unclaimed property liability.