PTMS for Personal Property Tax

Personal Property Tax Made Simple

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.

PTMS makes property tax simple.

It saves you time, helps minimize taxes, and manages all of your documents – no matter your industry, type of property, or how you’re assessed.

PTMS also provides tools to help minimize property taxes paid.

  • Track all aspects of property tax workflow
  • Optimize your allocation of resources
  • Reduce time spent on compliance
  • Minimize taxes paid
  • Shorten return filing times
  • Increase tax return accuracy
  • Spend less time researching property tax jurisdictions
  • Manage all property tax deadlines
  • Eliminate non-assessable costs
  • Track asset movements and changes automatically
  • Calculate asset values using assessor depreciation schedules
  • Validate assessments and manage appeals more efficiently
  • Pay more bills in less time
  • Simplify audits and save time
  • Calculate and update accruals and forecasts quickly and easily
  • Generate reports quickly and easily (taxes paid, cash flow, etc.)
  • Apportion tax to assets for billback
  • Access status reports, analytics, custom KPIs from anywhere at anytime
  • Thousands of taxing jurisdictions, forms, tables, rates, assessors, collectors, due dates
  • Tax returns automatically populated with your data
  • Tools to break out non-assessable costs such as partial terminations, installation costs, and sales tax
  • Assets may be split into multiple categories, ages, or across multiple returns
  • 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
  • Assets may be flagged as terminations or ghost assets outside of the fixed asset system
  • Ability to carry-over asset overrides each year so time spent scrubbing isn’t repeated
  • Assessment classifications categorize your property according to each jurisdiction’s grouping
  • Jurisdictional depreciation schedules so you can calculate an expected value
  • 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, appeals, payment records, etc.
  • Assessment thresholds automatically alert you to overassessments and appeal opportunities
  • Property tax workflow that tracks every step in your property tax process
  • Easy tax payment approval process
  • AP interface exports payment requests to any AP system
  • Tax allocation functionality to apportion tax amounts for billback
  • 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
  • Abatement and Exemption tracking
  • Property tax app for mobile devices
  • Calendar and email alerts
  • Role-based security
  • Comprehensive audit log to ensure data integrity and SOX compliance
Schedule a demonstration today and see how PTMS simplifies personal property taxes!
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  • The DMA Story: Fuel Your Efficiency with PTMS

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