Are you sorting stacks of paper by hand? Manually validating tax bills? Misplacing documents? Matching every bill to a check? Cringing when you need to pay in installments? Incurring penalties and interest?
Just because the law requires you to pay property taxes doesn’t mean you have to waste valuable time and resources chasing paper. Our customers save on average 78% of the time they spend on property tax compliance tasks enabling them to focus on the important stuff – analysis, tax minimization, or other tax disciplines.
How PTMS Benefits You
Pay more bills in less time
Increase payment process accuracy
Take better advantage of discount opportunities
Prevent duplication of payment
Minimize taxes paid
Apportion tax back to lessees/tenants for reimbursement or divisions for reporting purposes
Calculate and update accruals and forecasts quickly and easily
Manage appeals more efficiently
Reduce manual data entry
Optimize your allocation of resources
Track all aspects of the property tax workflow
Spend less time researching property tax jurisdictions
Stay on top of all pending deadlines
Simplify audits and save time
Generate reports quickly and easily (taxes paid, cash flow, etc.)
PTMS Solution Features
Thousands of taxing jurisdictions, forms, tables, rates, assessors, collectors, due dates
Secure, centralized database of all your property tax data provides you access from anywhere
Copy and Paste functions to move data directly to/from MS Excel
OCR technology pulls data from assessment notices and tax bills to eliminate data entry
Searchable central repository to store all property tax documents, which are automatically linked to sites, jurisdictions, etc.
Cash flow reports save you time and enable you to better manage your finances
Assessment thresholds to automatically alert you to overassessments and appeal opportunities
Property tax workflow that tracks every step in your property tax process
Easy, online payment and approvals process
AP interface exports payment requests to any AP system
Tax allocation functionality to apportion tax amounts back to lessees, tenants, and divisions
Accrual and estimating tools for easy, accurate projections of future tax liability
Configurable screens allowing users to optimize interface to reflect their internal processes
Status reports, analytics, custom KPIs from anywhere at anytime
Appeal management to track all appeal events, results, and costs
Property tax app for mobile devices
Calendar and email alerts to keep you on top of your deadlines
Role-based security provides personnel with access to the data they need, while keeping it safe from all others
Advanced Functionality for PTMS
How Does This Help My Business?
PTMS has been a huge time-saver for us, from filing returns, the assessments, tax bills — really the whole process from beginning to end. We can prepare two or three hundred returns for a state in four to five hours, and get them out the door same-day if needed. If you did that by hand, you’d need several people on hand to be able to handle that volume!
