As a consequence of name and address changes that your company was never advised of, your client and vendor records may be inaccurate. This may result in long periods of, if not total, account inactivity. TLSG's customized escheat prevention services assist our corporate clients in developing strategies that reestablish contact with their "lost" clients and vendors. The benefits of participating in TLSG's escheat prevention program includes the reduction of administrative and compliance costs, maximizing existing and potential relationships, and generating goodwill by reuniting your clients and vendors with funds that they likely would not have otherwise received.
As a consequence of name and address changes that your company was never advised of, your client and customer records may be inaccurate. This may result in long periods of, if not total, account inactivity. TLSG's ClientQuest service has developed a strategy that helps our client companies reestablish relationships with their "lost" clients and reunites these individuals with their "lost" entitlements. TLSG's ClientQuest service is customized to ensure that the unique needs of each of our clients are addressed and that the best possible reunification plan is implemented.
The benefits of participating in TLSG's ClientQuest service are vast. ClientQuest allows its clients to retain more revenue by considerably reducing administrative and compliance costs. The program minimizes the administrative burden and expense of sending a mailing to an obsolete address by updating our clients' inaccurate records. ClientQuest also reduces the expense of compliance by ensuring that our clients meet most states' due diligence requirements. ClientQuest maximizes existing and potential relationships and generates goodwill by reuniting your clients and customers with funds that they likely would not have otherwise received.
TLSG's VendorQuest program reunites our client companies' vendors with their "lost" payments. This program is customized to ensure that the unique needs of each client are addressed. TLSG's VendorQuest clients may choose to participate in the program at no cost to them.
There are considerable benefits to joining TLSG's VendorQuest program. VendorQuest can reduce the monies that our clients may otherwise have to pay in state mandated penalties and interest. This program minimizes the administrative burden and the expense of mailing to an obsolete address by providing our clients with updated, accurate vendor addresses. The program also reduces our clients' compliance obligation by ensuring that our clients meet most states' due diligence requirements. Additionally, TLSG's vast network of established business relationships with countless businesses and their unclaimed property departments, adds significant value to our VendorQuest clients by expediting and facilitating communication between them and our clients' vendors.
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