We assess your organization’s culture for change, data/AI literacy and where adoption challenges may arise. We work with you to combat any possible issues and communicate new processes to your team.
Adoption
We look at financial, regulatory and reputational risks that could impact your organization and how to reduce that risk. We make sure you have the right people and processes in place to acquire, store and build
Risk, privacy and governance
We look at your cloud infrastructure to determine if the organization can support an AI effort and if proper cybersecurity controls are in place.
IT environment and security
We look into your organization’s data landscape to see how your data can feed into an AI model to train it and expand its capabilities.
Data management
We can help you discover the value of beginning an AI journey by uncovering specific use cases for your organization and highlighting the advantages and contribution an AI investment can bring.
Opportunity discovery
Policies and procedures
We help clients develop and implement industry-leading “best practice” policies and procedures. Starting with a high-level diagnostic review to understand current unclaimed property processes, we assess potential unreported, over-reported and under-reported unclaimed property, and then assist with the development and implementation of process improvements and leading practices to avoid future non-compliance and reduce the future risk of significant audit assessments
Policies and procedures
We are available to serve as
your company’s complete
unclaimed property resource. Whether researching and compiling general reporting related information or one-off questions, designing, and implementing a planning strategy or reporting tools tailor-made to your company’s specific needs, or assisting with complex organizational transactions such as mergers and acquisitions, we provide the technical knowledge that your organization needs.
General consulting
General consulting
Exposure analysis and settlement
Exposure analysis and settlement
Our team can assist with a quantitative or qualitative analysis of your records, assist with developing effective mitigation strategies, assist with identifying
potential unclaimed property liabilities
for buyers and sellers during M&A transactions, and assisting with
the negotiation and settlement
process with states and their
auditors, including voluntary
disclosure agreements (VDAs)
and other similar settlement
program offered.
Audit defense
Our team is comprised of experienced professionals, CPAs, and former state auditors with extensive experience across multiple industries and with the audit firms used by the various states. We help with all issues that may arise under audit, whether conducted by a third-party contract auditor on behalf of multiple jurisdictions or by the audit personnel of a single state.
Audit defense
Annual
Our annual compliance process is a time-tested approach that offers everything relating to the escheatment process, from general assistance to full outsourcing of a company’s annual reporting function, including due diligence and payment processing, tailored to your specific needs and circumstances.
Annual
Five dimensions of AI readiness