Workflow and Process Management

By taking measures to accurately identify and properly report unclaimed property prior to it becoming reportable, your company can save thousands, if not millions of dollars over time in underreporting and/or over-remitting. 

The ONESOURCE Unclaimed Property team at Thomson Reuters can provide you with more efficient and consistent tracking of your unclaimed property and provide you with customized development and implementation of formalized policies and procedures that will help you stay in compliance.

ONESOURCE Unclaimed Property operations improvement services can:

• Suggest modifications to your accounting system and current reporting procedures
• Properly classify items that are eligible for due diligence and state reporting, enabling you to implement appropriate records retention and substantiation policies
• Assist in the customized development of written policies and procedures, and provide in-house staff training
• Help your company implement appropriate reporting best practices to ensure compliance with the unclaimed property laws of the various jurisdictions

Contact the ONESOURCE Unclaimed Property team at Thomson Reuters today to see how we can help you stay in compliance.