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Sovos Launches ReportMyUP: New Self-Service Platform Streamlines Unclaimed Property Management for Businesses of All Sizes

Flexible, Pay-as-You-Need Solution Offers One-Click Electronic Filing to More Than 30 States

ATLANTA--(BUSINESS WIRE)--Sovos, the always-on tax compliance company, today announced the launch of ReportMyUP, a new product suite designed to streamline unclaimed property management and reporting. ReportMyUP expands Sovos' already robust unclaimed property portfolio, delivering a flexible, self-service platform that allows businesses instant access to unclaimed property management, while paying for only what they need.

The ReportMyUP suite offers two purpose-built solutions – ReportMyUP and ReportMyUP Plus.

  • ReportMyUP: Delivers everything needed for core unclaimed property management, including property tracking, dormancy calculations, due diligence, state reporting, and escheatment.
  • ReportMyUP Plus: Builds on these features adding additional flexibility for users and support for more complex property types. Both products provide NAUPA-compliant reporting across all 50 states as well as the District of Columbia, Puerto Rico, Guam, and the U.S Virgin Islands.

Sovos remains the only provider to offer one-click electronic filing to more than 30 states, enabling instant reporting and giving businesses valuable time back compared to traditional manual processes.

"With ReportMyUP, businesses no longer need to struggle with complicated, manual processes for unclaimed property reporting," said Ryan Buma, Vice President, Marketplace & eCommerce at Sovos. "We've built solutions that offer incredible value, are simple to use, and powerful enough to handle everything from due diligence to reporting for every state and jurisdiction with requirements."

The launch of ReportMyUP builds on Sovos' growing portfolio of eCommerce-focused compliance solutions, which also includes offerings for 1099 reporting and tax identity management. Together, these solutions reinforce Sovos' mission to deliver accessible, reliable, and compliant technology that empowers businesses of every size.

ReportMyUP and ReportMyUP Plus are available now through ReportMyUP.com, with annual subscriptions starting at just $299 per year.

About Sovos

Sovos transforms tax compliance from a business requirement into a growth driver. The Sovos Compliance Cloud platform helps businesses identify, determine, and report on tax obligations globally, processing 16+ billion transactions annually across almost 200 countries.

More than 100,000 customers, including half the Fortune 500, trust Sovos’ expertise and integration capabilities. Learn more at sovos.com.

Contacts

Sovos@sourcecodecomms.com

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