Tax Bill Amounts

Tax payment and delinquency search cycles create an extremely stressfull environment for tax service companies. That stress is created by several factors; Large volumes of parcels to search in a very short time frame, coupled with immediate exposure risk and possible loss for failing to deliver timely, accurate results.

By replacing manual research with automated processes, the Targeted Portfolio Analysis application enables the user to submit large or small volumes of parcels to extract tax bill amounts directly from the collector's website. Using the application minimizes the return time it typically takes to procure missing tax bills (large or small volume), increases the accuracy of the information returned, reduces resources required for manual research, and eliminates exceptions caused by duplicate payments from stale dated information.

Payment Status

Identifying unpaid property taxes within a portfolio to minimize loss exposure presents a challenging task for both tax service companies and self-servicing lenders alike. Traditional methods of processing large volumes of parcels against stale, dated information or manually researching Web sites is no longer the most efficient way to determine the tax payment status on a property. Stale dated, information causes a negative impact on the borrower and unnecessary delinquent tax advances which generates unwarranted exception research.

Utilizing Web site extraction enables the user to retrieve payment status that is as current as the collecting jurisdiction and can be as timely as same day processing. Manual date downs to determine the latest status are no longer necessary.

Additionally, web data extraction now makes loss analysis much more accurate regarding exposure from unpaid property taxes. This can be extremely effective for portfolio acquisitions or auditing existing parcels in the current servicing portfolio.

Single or Batch

The web application accommodates a wide variety of methods for submitting requests and performing research; Single parcel requests and large volume Batch requests can be submitted directly through the website. Additionally for customers who prefer a more integrated approach, research items can be submitted by email, ftp, and web services.

The Single parcel request application enables the user to easily select the collecting jurisdiction and input the single parcel without having to navigate through a variation of different Web pages and results are returned in a similar format regardless of the collecting jurisdiction.

The Batch request application will process thousands of parcels in real time by simply downloading a file of Tax Id numbers. This process eliminates any manual effort associated with entering properties one at a time on the collecting jurisdictions Web site. Weeks can be reduced to hours and hours reduced to minutes or seconds.

Convenient Delivery

The web application was built to accomodate the multi-tasking end user. One of the key value propositions is increased productivity. By providing several delivery mechanisms, more work will be completed with fewer dedicated resources.

Single request processing is performed in real-time, and results are available in a few seconds or less. The information is presented for immediately review, but can also be emailed for later use as well.

Batch request processing is performed asynchronously by background engines. Once a batch is completed, customers can have the results emailed automatically, retrieved directly from the Dashboard, uploaded to a secure ftp location, or delivered via web services.