Transforming Property Tax Management for Utility Providers
Elevate Your Property Tax Approach with Customized Expertise
Key Challenges in
Property Tax Management
Effectively navigating complex challenges to optimize efficiency in real estate property tax management.
Large Volume of Tax Bills
Utility companies face the challenge of managing numerous tax bills across various assets, which increases the likelihood of errors and delays.
Complex Asset Structures
Managing taxes for a diverse range of assets like power plants, transmission lines, and substations often results in complicated and inefficient processes.
Appeals and Audits
Navigating property tax appeals is particularly challenging for utility companies with assets across multiple jurisdictions, adding complexity to managing assessments.
Forecasting Difficulties
Predicting future property tax liabilities can be difficult due to fluctuating tax regulations and the varied nature of utility assets.
Resource Intensive
Manually processing and managing property taxes for a wide array of utility assets puts a strain on internal resources, reducing efficiency.
OUR SOLUTIONS
Automated Payment System
Predictive Intelligence
Deadline Reminders
Optimize Appeal Savings
Cloud-Based Appeal Management
Assessment Automation
Predictive Intelligence
Property Tax Plus automates the processing of millions of utility tax bills annually, reducing manual work and increasing overall efficiency.
Deadline Reminders
Leverage AI-driven processes to streamline bill payments, reducing bottlenecks and minimizing the chances of errors.
Optimize Appeal Savings
Our system supports multiple file formats and easily integrates with ERP systems like SAP and Oracle for a hassle-free experience.
Cloud-Based Appeal Management
Stay informed with tailored notifications that help you track bill statuses and address discrepancies quickly.
Assessment Automation
Stay informed with tailored notifications that help you track bill statuses and address discrepancies quickly.
Benefits :
- Operational Efficiency: Speed up bill processing, manage larger volumes with ease, and reduce manual work.
- Cost Reduction: Cut down on operational and administrative costs by automating billing processes.
- Scalability: Manage growing numbers of tax bills without needing to increase your team size.
- Improved Accuracy: Ensure higher precision in processing and reduce costly errors.
Centralizing Utility Asset Tax Operations
Centralized Oversight
Assessment Tracking
Advanced Document Handling
Cloud-Based System
Centralized Oversight
Manage all of your utility assets from one platform, enabling consistent and efficient property tax management across multiple locations.
Assessment Tracking
Monitor tax assessments and notices for all assets in one location, reducing complexity and improving overall management.
Advanced Document Handling
Organize and retrieve important tax documents with ease using our sophisticated document management tools.
Cloud-Based System
Access your management tools securely from any location, enabling your team to work seamlessly from anywhere.
Benefits :
- Simplified Operations: Reduce the complexity of managing property taxes across multiple assets and locations.
- Enhanced Efficiency: Centralize and automate critical processes to minimize manual input.
- Accessibility: Access key data and management tools from any location, improving decision-making and flexibility.
Appeals Management System
Predictive Insights
Automated Processes
Deadline Tracking
Paperless Integration
Assessment Automation
Predictive Insights
Leverage advanced predictive analytics to identify properties with a high likelihood of successful appeals, allowing for strategic decision-making.
Automated Processes
Simplify the appeals process with automated workflows, reducing the manual burden on your team.
Deadline Tracking
Avoid missed opportunities with automated reminders and deadline management.
Paperless Integration
Achieve a more efficient appeals process with seamless API integration to assessor databases, going completely paperless.
Assessment Automation
Go paperless with notices and integrate directly with assessor data feeds via API.
Benefits :
- Proactive Management: Stay ahead of the curve with predictive alerts and deadline tracking.
- Increased Appeal Success: Use technology to boost your chances of saving on property tax costs.
- Streamlined Process: Centralize and automate the appeals process to reduce administrative burden.
Property Tax Forecasting
Long-Term Forecasting
Customizable Forecast Parameters
Scenario Modeling
Long-Term Forecasting
Gain insight into future tax liabilities over the next several years, aiding in financial planning and decision-making.
Customizable Forecast Parameters
Adjust variables such as property values, tax rates, and assessment methodologies for tailored tax forecasts.
Scenario Modeling
Compare various tax scenarios to identify the most beneficial forecast for your business.
Benefits :
- Predictive Accuracy: Understand future property tax liabilities with precision.
- Tailored Flexibility: Customize forecasts to fit your specific requirements.
- Better Financial Planning: Make informed decisions with data-driven, scenario-based projections
Why Choose Property Tax Plus ?
High Accuracy
Achieve exceptional accuracy in tax assessments and payments, reducing the risk of costly errors.
Rapid Processing
Our technology accelerates tax document processing, ensuring timely handling of high volumes.
Cost Reduction
Save 60% on administrative costs with our automated solutions.
Industry Expertise
With extensive experience in managing the unique tax needs of the oil and gas sector, we offer tailored solutions that work.
Managed Services
Data Extraction
Property Tax Plus converges the power of Artificial Intelligence and Process Automation to streamline property tax processes.
Property Tax Consulting
Leverage our team’s experience in the property tax domain to help you with critical analysis and making informed decisions.
Custom Software
Property Tax Plus offers customized implementation of our technology solutions to address your unique challenges in property tax.
Cloud Infrastructure
Property Tax Plus is built on robust, world class cloud infrastructure from Amazon Web Services (AWS) which is secure, scalable and can be accessed on the web anytime, anywhere.
System Integrations
Property Tax Plus offers automated integrations with third party systems such as SAP, Oracle, People Soft, Hyperion, PTMS, Power Plan, etc. to offer a seamless property tax experience.
AI and RPA
Property Tax Plus leverages Artificial Intelligence (AI) and Robotic Process Automation (RPA) technologies to improve efficiencies and reduce costs.
Contact Us
Case Studies
Tax bill automation for one of the largest production companies
Property Tax Plus automated the property tax bill management for Texas energy bills.
Forecasting for a leading midstream provider
Property Tax Plus implemented a comprehensive forecasting models for multiple states and companies.
State and Local compliance for upstream, midstream and downstream
Property Tax Plus delivered a comprehensive reporting management system.
