Client: FlightSafety
Unclaimed Property Management Process Improvement
RUKI supported FlightSafety with process improvement initiatives related to the management of its unclaimed property process. Services provided include:
Assessment of current processes related to classification and reporting of unclaimed property, policies, and procedures to identify gaps and inefficiencies
Recommended process improvements to enhance accuracy, compliance, and operational efficiency
Performed unclaimed property analysis to identify outstanding liabilities and compliance requirements
Reviewed accounting records and reconciliations related to unclaimed property balances
Developed or refined workflows to support better tracking, reporting, and resolution of unclaimed property
Supported implementation of improved controls and procedures related to unclaimed property management