PTMS for Leased Property

PTMS for Leased Property

How much time do you waste each year reconciling assets, filing returns, and allocating tax to lessees?

How much tax are you failing to recover because leases terminate before the tax bill arrives?

Our customers save on average 78% of the time they spend on property tax compliance tasks, while recovering significantly more property tax.

PTMS makes property tax simple.

  • Track all aspects of the property tax workflow
  • Optimize your allocation of resources
  • Reduce time spent on compliance
  • Recover more tax from lessees
  • Generate returns faster
  • Increase tax return accuracy
  • Spend less time researching property tax jurisdictions
  • Stay on top of all pending deadlines
  • Reconcile assets
  • Track asset movements automatically
  • Pay more bills in less time
  • Simplify audits
  • Eliminate time spent apportioning tax back to lessees for reimbursement
  • Estimate taxes on hypothetical assets prior to lease singing
  • Maximize tax reimbursement on assets about to come off lease and save time on the tax estimation process
  • Access to status reports, analytics, custom KPIs from anywhere at anytime
  • Ability to file returns and pay taxes at a jurisdictional level
  • Thousands of taxing jurisdictions, forms, tables, rates, assessors, collectors, due dates
  • Tax returns automatically populated with your data
  • Secure, centralized database of all your property tax data provides you access from anywhere
  • Automatic year-to-year comparison of property to identify movements and changes
  • Assessment classifications categorize your property according to each jurisdictions grouping
  • Bulk edit tools quickly filter groups of assets and perform mass updates
  • 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.
  • 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
  • Tax estimation tools to project tax on hypothetical assets prior to lease signing and on assets about to come off lease.
  • Configurable screens allowing users to optimize interface to reflect their internal processes
  • Status reports, analytics, custom KPIs from anywhere at anytime
  • 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
  • Comprehensive audit log tracks all changes to ensure data integrity and SOX compliance

Schedule a demonstration today and see how PTMS simplifies property taxes on leased property!

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  • The DMA Story: Fuel Your Efficiency with PTMS

    As DMA’s property tax operations grew, they needed a tool to help them maximize their efficiency so they could minimize additional overhead expenses and pass the savings back to their customers.