Industries

With a wealth of experience, we guide clients through intricate challenges, ensuring a thorough understanding of intricate nuances, risks, and regulatory provisions, even in the 'gray' areas of compliance. Leveraging advanced outreach strategies, our owner reunification experts minimize liability, boost customer retention, and facilitate compliance with crucial regulations such as SEC Rule 17Ad-17 and DMF matching, as well as conducting advanced mortality searches. Our expertise extends across a diverse range of financial institutions, including Banks, Mutual Funds, Broker/Dealers, Credit Unions, Transfer Agents, and other entities within the Financial Services and Insurance sectors."

In industries marked by substantial merger and acquisition activity, intricate entity structures, intricate pay provisions, mineral rights considerations, and a myriad of distinctive reporting obligations, businesses encounter a host of complexities when striving to adhere to unclaimed property statutes. These complexities are further compounded by factors such as high transaction volumes, an extensive customer base, transient property owners, and frequent audit scrutiny. Our team of experts is poised to collaborate with you, providing a robust compliance solution designed to skillfully navigate these challenges and mitigate the risks associated with non-compliance, safeguarding the well-being of your organization.

The convergence of healthcare providers, patients, and customers, along with intricate billing systems and varied customer payment processes, can give rise to potential accounting and operational errors, which, in turn, may lead to exposure to unclaimed property issues. Through our integrated platform with insurance payers, pharmaceuticals, financial institutions, and banks, H3 seamlessly locates and recovers reimbursements for mishandled claims back to healthcare providers.

The intricate nature of customer or vendor relationships, intricate rebate programs, and the distinct accounting procedures inherent in these industries can add complexity to the process of complying with unclaimed property regulations, potentially leading to unexpected audit vulnerabilities. Our team specializes in working closely with manufacturing and distribution companies, regardless of their size or type. We provide comprehensive guidance on how each facet of your programs, relationships, decision-making processes, and procedures may be influenced by unclaimed property statutes. By delving into the distinctive characteristics of your business, we aim to assist you in proactively overseeing unclaimed property compliance, ensuring a smoother and more secure path to compliance.

Media, Entertainment & Communications companies operate within a multifaceted landscape marked by significant complexities, which encompass vital advertiser connections and a substantial transaction volume stemming from their expansive customer base, thereby giving rise to potential unclaimed property risks. Moreover, these sectors often demand intricate scrutiny due to their distinctive offerings, such as gift card programs, account rebates, residual payments, licensing agreements, leases, and virtual currency transactions. With a strong clientele in these industries, we take pleasure in engaging with your team members to facilitate comprehensive unclaimed property compliance across all facets of your operations.

The ever-evolving landscape of technology and software industries demands continuous evaluation of compliance efforts in response to rapid changes in both business dynamics and legislative frameworks. With the emergence of new unclaimed property statutes and regulations and the escalating number of unclaimed property audits, a laser-focused approach is imperative to remediate outstanding amounts before they potentially result in exposure. Our experts excel in identifying the various forms of unclaimed property that can arise within this dynamic space, providing guidance to your team on aspects such as reseller agreements, stored-value programs, subscription services, virtual currency transactions, physical and electronic cards, in-game credits, and promotional certificates/programs. By collaborating with H3, businesses can proactively address their risk factors and ensure ongoing compliance with all statutory requirements pertaining to unclaimed property.