Service Offering
I: Asset Recovery
Dormant Accounts are dollars owed
to a company that have gone unclaimed for a period of time. The National
Association of Unclaimed Property Administrators, the governmental custodian
of these funds, report more than $22.8 billion dollars was unclaimed in
2003. Reclaim It is in the business of researching, investigating and
petitioning to the holder of those funds, on behalf of our corporate
clients, to reclaim their money. We do this on a contingent basis,
generally a percentage of funds recovered.
Service Offering
II: Unclaimed Property Consulting
Services are tailored to your company needs drawing on the various
components such as: compliance review, liability assessment, staff
training, policy and procedure creation and/or review, compliance roadmap
development with milestone events and timelines for tracking, due diligence
coordination and annual state report filing. Unclaimed
property consulting services are offered on a fee for service basis.
CFO.com recently Published an article on how even seemingly minor unclaimed
property can become a material liability financially and be a cause of
compliance concern with Section 404 of the Sarbanes-Oxley Act.
Click here to read CFO.com's article.
