From 6,000 Subscribers to More Than 8,000 in Just Over a Month
CEDAR RAPIDS, IA--(Marketwire - Oct 25, 2011) - After reaching 6,000 subscribers in September to UPExchange™, its acclaimed service for unclaimed property reporting, ETM now has more than 8,000 UPExchange™ subscribers. A software-as-a-service (SaaS) offering, UPExchange™ automates the management and reporting of unclaimed property to meet regulatory requirements. UPExchange™ is endorsed exclusively by NAUPA* (the National Association of Unclaimed Property Administrators).
"The market continues to recognize the value, as well as the comprehensive, intuitive capabilities of UPExchange™," said Larry Kane, ETM's president. "It's safe to say that what we're witnessing is the result of UPExchange™'s having gone viral in the holder community. The word seems to be spreading itself. And we couldn't be happier about the enthusiastic reception it continues to get."
UPExchange™ helps companies that hold unclaimed property automate their reporting in accurate accordance with state-sponsored regulatory changes. To meet end-user requirements, it's accessible from anywhere with just a browser and can be configured with all the fundamental capabilities unclaimed property professionals expect -- importing unclaimed property records while checking for errors, calculating dormancy requirements by state by property type, producing search letters, documenting due diligence activities, creating reports to each states specifications, and more. And with the combination of SaaS delivery and intuitive usability, many holders are up and running on UPExchange™ in as little as 60 seconds.
* NAUPA's endorsement pertains to the free holder-reporting software. Neither NAUPA nor its member states endorse any other products or services available to holders through ETM.