Managing unclaimed property and escheatment continues to challenge the energy industry. Companies often struggle with escheatment laws by state, due to the complexity of the regulations, which frequently change at the state level, making it difficult to stay compliant. The underlying records and data can also be disjointed, adding to the complexity. However, companies must meet all state escheatment rules, as the consequences of non-compliance can be significant.
Opportune offers extensive experience managing clients’ unclaimed property administration, reporting, and accounting, including analysis, due diligence, and payment across all 50 states. Our experts stay up to date on unclaimed property rules by state and maintain strong relationships with Unclaimed Property Administration departments. This expertise and our deep understanding of the energy industry allow us to provide unmatched service. Furthermore, our team has developed a proprietary application to ensure efficiency, compliance, and a clear audit trail.
By leveraging our expertise and innovative escheatment solutions, Opportune helps energy companies navigate the complexities of state-specific escheatment laws, mitigate risks, and ensure full unclaimed property compliance.
When you choose Opportune, you gain access to seasoned professionals who not only listen to your needs, but who will work hand in hand with you to achieve established goals. With a sense of urgency and a can-do mindset, we focus on taking the steps necessary to create a higher impact and achieve maximum results for your organization.
