PROVIDENCE, RI--(Marketwire - Nov 6, 2012) - ETM, developer of UPExchange for unclaimed property reporting -- and Wings Plus for financial reporting and tax compliance -- announces that the Office of the Rhode Island General Treasurer is now in production on UPExpress. UPExpress is the industry's first-ever standardized, online, electronic system for creating and submitting unclaimed reports -- in one session. Additionally, future plans will include the ability to remit payments electronically with UPExpress.
"Treasury is committed to finding innovative ways to provide better, more efficient services to taxpayers," General Treasurer Gina M. Raimondo said. "Implementing this program streamlines Rhode Island's efforts for collecting and distributing unclaimed property to its rightful owners."
UPExpress simplifies the process into one web-based report. It allows states to customize the information they receive: their upload requirements, their holder agreements, and their reporting and remittance options. And it makes it possible for holders to take care of all of their multi-state reporting in one, simple, online session.
"The more UPExpress catches on, the more we're learning," said Layton Olson, SVP at ETM. "Since it works with any reporting software holders might have, it gives them all the flexibility they need. Since it reduces paper and other materials, as well as handling and processing time, the states are finding it an asset, too, as evidenced by the number of them that are adopting UPExpress."
ETM is a Web-application-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 13,000 companies in automating the administration and filing of financial information to meet numerous regulated reporting requirements. For more information about UPExpress, please visit www.byetm.com/landings/upexpress.html, call 800-975-3245, or e-mail firstname.lastname@example.org. To read a white paper on online, electronic reporting, please go to http://byetm.com/index.php/white-paper.