Capture for PTMS Launched

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 CSC TCI

We’re a leading provider of tax, business process, and compliance management solutions for corporate property tax, property tax appeal, and business licensing and compliance work. We continue to be a market leader with a customer base of over 600 companies, including more than 50 of the Fortune 100®.

Our applications support the entire compliance life cycle, shedding inefficiencies and improving a compliance department’s ability to strategically use data to increase profitability and reduce risk, and are supported by our parent company, Corporation Service Company (CSC), a business, legal, and financial services provider.

To learn more about how we’re is helping compliance professionals thrive, visit www.taxcomp.com.

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