Unclaimed Property: Watching the Trends and Staying in Compliance

By Jim Sadik Trends, Challenges, and Opportunities People often ask me about the top trends I am seeing in unclaimed property in both accounts payable (AP) and accounts receivable (AR). In this article, I will provide a brief overview of the unclaimed property landscape. For AP professionals. The good news is that the move toward fewer checks and more electronic payments will continue to shrink longer-term unclaimed property exposure. However, multi-state audits still tend to put substantial…