What is KAPS?

Kelmar’s KAPS system, tailored for managing unclaimed property, is a versatile and scalable Software as a Service (SaaS) platform specifically aimed at government initiatives dealing with unclaimed assets. This innovative solution enables administrators to efficiently manage the entire lifecycle of unclaimed property, starting from the submission of reports and receipts and extending through due diligence mailing, escheatment, claims processing, and payment execution, all via a relational database interface that focuses on system configurations rather than requiring extensive custom coding. KAPS integrates seamlessly with state websites and features cloud-based document imaging, automated communications with property owners, and built-in LexisNexis verification for identity confirmation, in addition to leveraging the Kelmar Fraud Index for AI-enhanced risk evaluations. The system employs robust and secure authentication protocols and undergoes annual assessments to ensure compliance with SOC 2 Type 2 and ISO 27001:2022 standards, while also holding GovRAMP authorization. Moreover, its enhanced capabilities support auction closure processes, enable manual online reporting for smaller stakeholders, and assist in managing tangible property, thus providing a thorough approach to unclaimed property administration. As a result, each component of KAPS plays a critical role in promoting efficient and transparent practices in the management of unclaimed assets, solidifying its importance as an essential resource for governmental organizations. Ultimately, the KAPS system stands out as a comprehensive solution that not only streamlines operations but also fosters trust among the stakeholders involved in the unclaimed property process.

Integrations

Screenshots and Video

KAPS Screenshot 1

Company Facts

Company Name:
Kelmar
Company Location:
United States
Company Website:
www.kelmarassoc.com/unclaimed-property-solutions/management-systems

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

KAPS Categories and Features

More KAPS Categories