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What is Simple Escheat?

The process of managing unclaimed property reporting has been greatly simplified with the introduction of Simple Escheat, a user-friendly and automated solution that is suitable for organizations of all sizes. This cutting-edge platform enhances compliance with unclaimed property regulations by providing a do-it-yourself software option that empowers users to manage the entire procedure internally, requiring little to no prior training. The software comes equipped with intuitive SimpleTips, offering easy-to-follow instructions that help users acquire knowledge as they progress. Once the initial setup is completed, the software operates seamlessly, shouldering the heavier aspects of compliance duties. Crafted by a team of professionals, including CPAs and attorneys specializing in state tax and unclaimed property, Simple Escheat automates each compliance step to guarantee that filings are accurate and in line with the most current state regulations. In addition, its flexible pricing model is designed to serve businesses of different sizes and complexities, whether they have straightforward needs or are dealing with the complexities of escheat filings across various states. As a result, organizations can effectively navigate their compliance responsibilities, allowing them to conserve valuable time and resources while focusing on their core operations. Ultimately, Simple Escheat empowers companies to handle their unclaimed property obligations with confidence and ease.

What is Eisen?

Eisen stands at the forefront of escheatment automation, adeptly managing the offboarding of accounts by merging escheatment, disbursement, and outreach functions into a single, unified platform. This groundbreaking system significantly improves compliance with diverse unclaimed property laws across various states by identifying inactive and dormant accounts, tracking and resolving stale checks, automating large-scale disbursements during closures, and managing forced account terminations, all while providing thorough audit trails and guaranteeing accuracy. It seamlessly integrates with existing data management systems through a growing suite of integrations, evaluates risk in real time, and initiates proactive communications with customers to prevent liabilities associated with unclaimed accounts. By automating every facet—from data gathering and risk assessment to personalized messaging and payment execution—Eisen empowers financial institutions to remain proactive regarding regulatory deadlines, reduces manual workloads, and mitigates the risk of incurring costly penalties related to escheatment. Additionally, this all-encompassing strategy not only improves operational effectiveness but also cultivates stronger bonds between institutions and their clients, thereby fostering enhanced trust and satisfaction in financial transactions. Ultimately, Eisen’s innovative approach positions financial institutions to navigate the complexities of escheatment with confidence and efficiency.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$1,200 per year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Simple Escheat

Company Location

United States

Company Website

simpleescheat.com

Company Facts

Organization Name

Eisen

Date Founded

2021

Company Location

United States

Company Website

www.witheisen.com

Categories and Features

Categories and Features

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