Unclaimed Property Compliance Workflow
Why automate?
Cflow Automation Benefits:
Aging Alerts:
Flag transactions or balances approaching escheatment thresholds for early review.
Compliance Review Routing:
Ensure legal, finance, and compliance teams sign off before remitting assets.
State-Specific Filing Logs:
Track jurisdiction-based reporting requirements and timelines.
Liability Minimization:
Avoid fines and penalties by staying ahead of regulatory deadlines.
Transform & streamline business processes with cloud BPM & workflow automation software.
Join 100k + Users Who Are Already Using Cflow
“I’m really impressed with the support provided by Cflow. There has never been a time when they have kept me waiting. A product that is simple to use and a team that is smart and extremely fast are factors that help me feel reassured and confident.”
“The WFH environment during the COVID-19 pandemic made it clear how inefficient our processes were. Cflow allowed us to digitize paper forms with automated workflows. If you can envision a tool for an online workflow, it can be done in Cflow!”
“We are extremely liking CFlow. So far any issues that we’ve had once we contacted support they were able to help us resolve the issue. This has helped us take a paper process and replace it, faster and more streamlined now for us.”
Frequently Asked Questions
What is unclaimed property compliance?
A process to track and report unclaimed assets in accordance with state and federal laws.
What are the main challenges in unclaimed property compliance?
Tracking dormant assets, complying with varying regulations, and avoiding penalties for non-compliance.
How can institutions enhance compliance?
By automating property tracking, conducting regular escheatment audits, and ensuring timely reporting.
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