Inventors:
Brian Tully - Hoboken NJ, US
Michael Tenderenda - Garfield NJ, US
Kathleen Moyer - Dover FL, US
Brad Jowers - Ponder TX, US
Teresita M. Ventresca - Skippack PA, US
Josiah Osibodu - Tampa FL, US
International Classification:
G06Q 30/00, G06Q 50/26
Abstract:
Systems and techniques are disclosed that provide automation for the Unclaimed Property (Escheat) process. The systems and technique provide a complete ‘end to end’ solution for the unclaimed property compliance process including tracking of potential unclaimed transactions, mailing of confirmation and due diligence letters, routing responses received from the letters, and the preparation of the unclaimed property reports. In the event of a state unclaimed property audit, the solution's electronic document repository creates an ‘audit ready’ environment by providing easy access to documents including confirmation letters, documents supporting the removal of the transactions from the unclaimed property process, state required due diligence letters, and state unclaimed property reports.