Paying tax bills can represent a substantial investment of time and resources for an organization, especially when manually processing payments.
PTMS makes the payment process easy by handling repetitive tasks. Automatic check request processing and available OCR technology to eliminate keystrokes give you more time to take care of the important stuff—paying bills on time and avoiding penalties.
How PTMS benefits you
Eliminates the risk of missing or late tax bills
Reduces bill processing time
Ensures tax bill accuracy
PTMS solution features
Includes tax rates, bill due dates, and collector addresses
Receive alerts regarding missing and upcoming tax bills
Automatically populates expected bill information to reduce keystrokes
Available Optical Character Recognition (OCR) tools eliminate data entry from tax bills
Populates GL account and vendor code information on each check request, eliminating the need to look up each code
Attaches a tax bill image to each tax bill or check request record for easy archival and retrieval
Provides tax liability and tax rate trends over multiple years
Compares tax liability using user-defined thresholds for identifying incorrect tax bills
Allocates tax to each asset for easy bill-back of clients/tenants or internal cost centers
Allows for customizable tax bill and check request approval workflows
Integrates with third-party payment processing companies
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!
