Business License Software and Property Tax Software by TCI
Property Tax Solutions and Business License Solutions by TCI

Tax Compliance, Inc. Announces the Launch of Capture for PTMS

San Diego, California - February 14, 2011

Tax Compliance, Inc. (TCI) announces Capture for PTMS, a new OCR-based solution which eliminates the manual data entry associated with processing property tax assessments and tax bills.

Capture for PTMS uses OCR (Optical Character Recognition) technology to capture tax data from scanned tax bills and assessment notices and then uploads the data to TCI’s PTMS property tax software. Capture reconciles scanned tax bills and assessment notices with sites and parcels and catalogs them for easy future access. Due to the automated data transfer, transcription errors are also minimized when compared to manual data entry. Managers can implement oversight rules to ensure data validation.

"Manual data entry poses a huge burden on taxpayers who process a high volume of notices and bills," said Scott Strauss, CEO of TCI, "Capture truly automates property tax assessments and payments and will save our customers thousands on man-hours while introducing a higher level of accuracy." He added, "We believe Capture will revolutionize the way property tax departments work."

About TCI

Tax Compliance, Inc. (TCI) develops state and local tax software solutions for corporations. Its primary products include PTMS property tax compliance software and LicenseHQ business license and permit management software. TCI has been proudly serving customers since 1993 and continues to be the market leader with a customer base of over 600 companies, including more than 50 of the Fortune 100®. TCI's target market includes medium to large corporations and outsource providers possessing multiple locations which create a significant tax compliance burden best managed with automation.