SOURCE: Eagle Technology Management, Inc.

Eagle Technology Management, Inc.

April 19, 2011 10:47 ET

ETM Enhances Popular Unclaimed Property Platform

UPExchange Adds Wizards, Security Features, Reporting Tools, and More

CEDAR RAPIDS, IA--(Marketwire - Apr 19, 2011) - ETM has released several enhancements to its acclaimed service for unclaimed property reporting. A software-as-a-service (SaaS) offering, UPExchange automates the management and reporting of unclaimed property to meet regulatory requirements.

"With the help of the more than 3,000 companies that now use UPExchange, we've significantly improved it, less than a year after its release," said Larry Kane, ETM's president. "We're grateful for their help. We're gratified by the response from our user community and the marketplace. And we look forward to fulfilling needs and exceeding expectations."

The enhancements to UPExchange include:

  • Wizards. For those who don't use the system every day -- or may be new to unclaimed property reporting -- wizards walk them through tasks infrequently performed or unfamiliar.
  • Security and privacy. Real-time database protection, monitoring, auditing, and breach-prevention meets best practices for database compliance with PCI DSS, Sarbanes-Oxley (SOX), HIPAA, GLBA, SAS 70, and other mandatory regulations -- and provide auditable transparency.
  • Multi-factor authentication. This provides authentication through two separate channels: computer and phone. With this option, users input their usernames and passwords to access UPExchange, plus the value in a one time, limited life text message sent to their cell phones.
  • Custom reporting and forecasting. One mouse click extracts data from UPExchange into a Microsoft Excel file to provide unlimited custom reporting capability, including the ability to forecast unclaimed property liability as far into the future as desired.
  • Upfront validation. Prior to entering the database, data is validated by the import process, ensuring that any data issues are identified before records are committed to the database.

About ETM
ETM is a development firm that specializes in providing financial reporting and tax-compliance services. ETM is dedicated to financial processing and reporting, making its clients more efficient, consistently accurate, and uniformly compliant. Founded in 2001, ETM now serves more than 4,500 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information, please visit www.byetm.com, call (800) 975-3245, or e-mail sales@byetm.com.

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