Sovos Unclaimed Property Enterprise

Sovos UPEnterprise is an enterprise-grade, cloud-based solution designed to simplify and automate unclaimed property compliance for medium to large organizations. Built to address the complexity of multi-state regulations, UPEnterprise centralizes data management, automates due diligence processes, and streamlines reporting across all jurisdictions. The platform integrates seamlessly with existing systems via real-time APIs, enabling organizations to consolidate data from multiple sources and ensure accurate calculations of dormancy periods and reporting deadlines.Who Benefits:

Ideal for businesses operating across multiple reporting jurisdictions with complex property types, decentralized data sources, and stringent regulatory obligations—such as financial institutions, insurers,and oil & gas companies.

Unclaimed property compliance is a growing challenge for enterprises, with evolving state regulations, manual processes, and fragmented data creating significant risk of penalties, audits, and reputational damage. Many organizations rely on spreadsheets or outdated systems, leaving them vulnerable to errors and fraud. Sovos UPEnterprise eliminates these risks by automating compliance workflows, applying the latest regulatory updates, and providing centralized visibility into all due diligence and reporting activities. With ultimately reduced exposure, improved efficiency, and a build a defensible compliance posture that protects organizations from costly fines and audit findings.