CEDAR RAPIDS, Iowa, Oct. 14, 2015 /PRNewswire/ -- ETM is pleased to announce that UPExchange, the acclaimed system for unclaimed property reporting, has surpassed the 40,000-user mark. This significant new milestone reflects 25% adoption growth in less than one year since UPExchange surpassed the 32,000-user mark.
ETM's UPExchange is the only cloud based offering of its kind on the market that delivers all the fundamental capabilities professionals require, while automating aspects of compliance that needed to be done manually in the past. Automating the management and reporting of unclaimed property in accordance with state-sponsored regulatory requirements, UPExchange further automates, streamlines and simplifies unclaimed reporting efforts by allowing users to easily send electronic reports to multiple states using ETM's proprietary online reporting network. With UPExchange, users can register in minutes and enjoy flexible and affordable subscription plans and do it all without the expense of installing or maintaining any hardware or software.
Part of what is stimulating the rapid growth of UPExchange is its robust cloud delivery and its intuitive user experience. Thanks to its software-as-a-service delivery method and its high level of usability, UPExchange allows many holders to be up and running on UPExchange in a matter of minutes.
Recently ETM's CEO, Layton Olson noted, "It is exciting to hit this new milestone by surpassing 40,000 users. It serves to underscore UPExchange's value. We are meeting the needs of the industry and pleased to know that we are making a positive impact in an ongoing manner."
Founded in 2001, ETM now serves 42,000+ companies, automating the administration and filing of financial information to meet numerous regulated reporting requirements. ETM is a web-application-development firm specializing in providing statutory financial reporting, tax-compliance, and unclaimed property reporting services; this helps to make our clients achieve greater efficiency, greater accuracy and uniform compliancy. For more information about UPExchange please visit http://www.byetm.com/upx, call 855-737-1688, or e-mail [email protected].