UP Standard Description

UP Standard offers a comprehensive web-based solution designed for unclaimed property compliance, guiding users seamlessly through the entire process, from the bulk or individual record import utilizing an integrated template with automated validations for accuracy to user-friendly filtering, editing, and commenting features that allow for centralized management of properties within a single dashboard. The platform is consistently updated with the most current state-specific regulations, thresholds, deadlines, and NAUPA II compliance standards, facilitating streamlined due diligence through built-in fields and reminders, while also generating reports that are ready for filing and providing one-click electronic submissions across more than 30 jurisdictions. Additionally, it monitors the status of reports and their upcoming due dates, maintains a complete history of all filings, and includes advanced search functionalities alongside audit-ready record management. This advanced system alleviates the burden on compliance and finance teams by automating processes, thus significantly reducing the likelihood of overlooking deadlines or incurring penalties, ultimately promoting a more efficient workflow. With its extensive capabilities, UP Standard empowers organizations to navigate the complexities of unclaimed property management with greater ease and confidence.

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Company Details

Company:
Sovos
Headquarters:
United States
Website:
sovos.com/trr/products/unclaimed-property-reporting/upstandard/

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