Coordinate Force Outs
Eisen is the first escheatment automation solution for forced closeouts. Integrated directly with your system, Eisen manages everything from customer notifications to disbursements and escheatment reporting, ensuring a smooth and compliant closeout.
Expand your business, not your closeout efforts.
Struggling to close accounts en masse for business, compliance, or operational reasons? Tired of relying on limited internal resources to handle complex closeouts and ensure regulatory compliance? Eisen empowers financial institutions to manage forced closeouts efficiently and proactively at scale.
Say goodbye to cumbersome manual processes, sprawling spreadsheets, and compliance risks. Eisen’s platform manages every step of the closeout process, from managing customer outreach and processing disbursements to reconciling payments and escheating when necessary. Whether you’re closing accounts due to business strategy reasons, regulatory mandates, or internal audits, Eisen ensures you stay compliant and protected. Compliance isn’t optional, but with Eisen, it can be effortless.
How Eisen Helps Coordinate Force Outs
Proactive Notification Outreach
Eisen manages mass customer outreach for forced closeouts, ensuring timely and compliant notifications. Schedule and track personalized messages to ensure account holders are fully informed before closure.
Simplified Check Disbursement
Streamline the disbursement process for forced closeouts. Eisen ensures that funds are reissued or redirected efficiently, reducing manual errors and making sure all disbursements comply with regulatory requirements.
Fully-Managed State Compliance
Eisen takes care of state-by-state escheatment compliance for forced closeouts, handling the reporting and remittance processes to ensure you meet all regulatory obligations on time.
Transparent Audit Trails
Maintain full transparency with Eisen’s comprehensive audit trails. Track every action taken during the closeout process, from initial customer contact to final disbursements, ensuring complete compliance and readiness for audits.
Effortless compliance with an accuracy guarantee.
Everything you need to monitor, manage, and mitigate risk from financial accounts at any scale.
